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Side-by-side financial comparison of BKV Corp (BKV) and FRANKLIN ELECTRIC CO INC (FELE). Click either name above to swap in a different company.

FRANKLIN ELECTRIC CO INC is the larger business by last-quarter revenue ($500.4M vs $255.9M, roughly 2.0× BKV Corp). BKV Corp runs the higher net margin — 27.5% vs 6.9%, a 20.6% gap on every dollar of revenue.

BKV Corp is a North American independent energy company focused on sustainable natural gas exploration, production, and distribution, with core operating assets located in the Appalachian Basin. It serves utility, industrial, and commercial customers across the region, and invests in low-carbon technologies including carbon capture to reduce operational emissions.

Franklin Electric Co., Inc. is a manufacturer and distributor of products and systems focused on the movement and management of water and energy. The company offers pumps, motors, drives, and controls for use in a variety of residential, commercial, agricultural, industrial, and municipal applications. Headquartered in Fort Wayne, Indiana, the company also operates manufacturing facilities in the United States, Germany, Czech Republic, Italy, Turkey, Mexico, Brazil, Australia, South Africa, C...

BKV vs FELE — Head-to-Head

Bigger by revenue
FELE
FELE
2.0× larger
FELE
$500.4M
$255.9M
BKV
Higher net margin
BKV
BKV
20.6% more per $
BKV
27.5%
6.9%
FELE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BKV
BKV
FELE
FELE
Revenue
$255.9M
$500.4M
Net Profit
$70.4M
$34.7M
Gross Margin
35.0%
Operating Margin
39.3%
9.6%
Net Margin
27.5%
6.9%
Revenue YoY
9.9%
Net Profit YoY
10.6%
EPS (diluted)
$0.78
$0.77

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BKV
BKV
FELE
FELE
Q1 26
$500.4M
Q4 25
$255.9M
$506.9M
Q3 25
$199.8M
$581.7M
Q2 25
$207.1M
$587.4M
Q1 25
$231.0M
$455.2M
Q4 24
$485.7M
Q3 24
$133.5M
$531.4M
Q2 24
$543.3M
Net Profit
BKV
BKV
FELE
FELE
Q1 26
$34.7M
Q4 25
$70.4M
$39.3M
Q3 25
$76.8M
$16.7M
Q2 25
$104.6M
$60.1M
Q1 25
$-78.7M
$31.0M
Q4 24
$33.7M
Q3 24
$12.9M
$54.6M
Q2 24
$59.1M
Gross Margin
BKV
BKV
FELE
FELE
Q1 26
35.0%
Q4 25
33.8%
Q3 25
35.9%
Q2 25
36.1%
Q1 25
36.0%
Q4 24
33.8%
Q3 24
35.7%
Q2 24
36.8%
Operating Margin
BKV
BKV
FELE
FELE
Q1 26
9.6%
Q4 25
39.3%
10.2%
Q3 25
41.2%
14.6%
Q2 25
62.0%
15.0%
Q1 25
-40.6%
9.7%
Q4 24
8.9%
Q3 24
-15.7%
13.8%
Q2 24
14.6%
Net Margin
BKV
BKV
FELE
FELE
Q1 26
6.9%
Q4 25
27.5%
7.7%
Q3 25
38.5%
2.9%
Q2 25
50.5%
10.2%
Q1 25
-34.1%
6.8%
Q4 24
6.9%
Q3 24
9.6%
10.3%
Q2 24
10.9%
EPS (diluted)
BKV
BKV
FELE
FELE
Q1 26
$0.77
Q4 25
$0.78
$0.87
Q3 25
$0.90
$0.37
Q2 25
$1.23
$1.31
Q1 25
$-0.93
$0.67
Q4 24
$0.73
Q3 24
$0.18
$1.17
Q2 24
$1.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BKV
BKV
FELE
FELE
Cash + ST InvestmentsLiquidity on hand
$199.4M
$80.4M
Total DebtLower is stronger
$486.8M
$134.4M
Stockholders' EquityBook value
$2.0B
$1.3B
Total Assets
$3.1B
$2.0B
Debt / EquityLower = less leverage
0.24×
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKV
BKV
FELE
FELE
Q1 26
$80.4M
Q4 25
$199.4M
$99.7M
Q3 25
$83.1M
$102.9M
Q2 25
$21.4M
$104.6M
Q1 25
$15.3M
$84.0M
Q4 24
$220.5M
Q3 24
$31.3M
$106.3M
Q2 24
$58.1M
Total Debt
BKV
BKV
FELE
FELE
Q1 26
$134.4M
Q4 25
$486.8M
$135.2M
Q3 25
$486.6M
$135.2M
Q2 25
$200.0M
$14.5M
Q1 25
$200.0M
$14.9M
Q4 24
$11.6M
Q3 24
$190.0M
$11.6M
Q2 24
$87.2M
Stockholders' Equity
BKV
BKV
FELE
FELE
Q1 26
$1.3B
Q4 25
$2.0B
$1.3B
Q3 25
$1.8B
$1.3B
Q2 25
$1.6B
$1.3B
Q1 25
$1.5B
$1.3B
Q4 24
$1.3B
Q3 24
$1.6B
$1.3B
Q2 24
$1.2B
Total Assets
BKV
BKV
FELE
FELE
Q1 26
$2.0B
Q4 25
$3.1B
$1.9B
Q3 25
$2.9B
$2.0B
Q2 25
$2.3B
$2.0B
Q1 25
$2.3B
$1.9B
Q4 24
$1.8B
Q3 24
$2.3B
$1.8B
Q2 24
$1.8B
Debt / Equity
BKV
BKV
FELE
FELE
Q1 26
0.10×
Q4 25
0.24×
0.10×
Q3 25
0.27×
0.10×
Q2 25
0.13×
0.01×
Q1 25
0.13×
0.01×
Q4 24
0.01×
Q3 24
0.12×
0.01×
Q2 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BKV
BKV
FELE
FELE
Operating Cash FlowLast quarter
$69.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKV
BKV
FELE
FELE
Q1 26
Q4 25
$69.4M
$104.2M
Q3 25
$74.5M
$102.7M
Q2 25
$76.2M
$51.5M
Q1 25
$22.6M
$-19.5M
Q4 24
$110.3M
Q3 24
$116.1M
Q2 24
$36.4M
Free Cash Flow
BKV
BKV
FELE
FELE
Q1 26
Q4 25
$88.7M
Q3 25
$-126.9M
$91.3M
Q2 25
$39.9M
Q1 25
$-26.3M
Q4 24
$97.5M
Q3 24
$106.6M
Q2 24
$26.1M
FCF Margin
BKV
BKV
FELE
FELE
Q1 26
Q4 25
17.5%
Q3 25
-63.5%
15.7%
Q2 25
6.8%
Q1 25
-5.8%
Q4 24
20.1%
Q3 24
20.1%
Q2 24
4.8%
Capex Intensity
BKV
BKV
FELE
FELE
Q1 26
Q4 25
3.1%
Q3 25
100.9%
2.0%
Q2 25
2.0%
Q1 25
1.5%
Q4 24
2.6%
Q3 24
1.8%
Q2 24
1.9%
Cash Conversion
BKV
BKV
FELE
FELE
Q1 26
Q4 25
0.99×
2.65×
Q3 25
0.97×
6.14×
Q2 25
0.73×
0.86×
Q1 25
-0.63×
Q4 24
3.28×
Q3 24
2.13×
Q2 24
0.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BKV
BKV

Natural Gas NGL And Oil$249.3M97%
Related Party And Other$4.7M2%
Marketing$2.8M1%

FELE
FELE

Segment breakdown not available.

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