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Side-by-side financial comparison of National Vision Holdings, Inc. (EYE) 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 $487.3M, roughly 1.0× National Vision Holdings, Inc.). FRANKLIN ELECTRIC CO INC runs the higher net margin — 6.9% vs 0.7%, a 6.2% gap on every dollar of revenue. On growth, FRANKLIN ELECTRIC CO INC posted the faster year-over-year revenue change (9.9% vs 7.9%). Over the past eight quarters, National Vision Holdings, Inc.'s revenue compounded faster (7.6% CAGR vs -4.0%).

Vision Research is an international company that manufactures high-speed digital cameras based in Wayne, New Jersey. Their cameras are marketed under the Phantom brand, and are used in a broad variety of industries including: defense, industrial product development, manufacturing, automotive, scientific research, and entertainment. Vision Research is a business unit of the Materials Analysis Division of Ametek Inc., a global manufacturer of electronic instruments and electromechanical devices.

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...

EYE vs FELE — Head-to-Head

Bigger by revenue
FELE
FELE
1.0× larger
FELE
$500.4M
$487.3M
EYE
Growing faster (revenue YoY)
FELE
FELE
+2.0% gap
FELE
9.9%
7.9%
EYE
Higher net margin
FELE
FELE
6.2% more per $
FELE
6.9%
0.7%
EYE
Faster 2-yr revenue CAGR
EYE
EYE
Annualised
EYE
7.6%
-4.0%
FELE

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
EYE
EYE
FELE
FELE
Revenue
$487.3M
$500.4M
Net Profit
$3.4M
$34.7M
Gross Margin
35.0%
Operating Margin
2.0%
9.6%
Net Margin
0.7%
6.9%
Revenue YoY
7.9%
9.9%
Net Profit YoY
139.8%
10.6%
EPS (diluted)
$0.04
$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
EYE
EYE
FELE
FELE
Q1 26
$500.4M
Q4 25
$506.9M
Q3 25
$487.3M
$581.7M
Q2 25
$486.4M
$587.4M
Q1 25
$510.3M
$455.2M
Q4 24
$437.3M
$485.7M
Q3 24
$451.5M
$531.4M
Q2 24
$451.7M
$543.3M
Net Profit
EYE
EYE
FELE
FELE
Q1 26
$34.7M
Q4 25
$39.3M
Q3 25
$3.4M
$16.7M
Q2 25
$8.7M
$60.1M
Q1 25
$14.2M
$31.0M
Q4 24
$-28.6M
$33.7M
Q3 24
$-8.5M
$54.6M
Q2 24
$-3.1M
$59.1M
Gross Margin
EYE
EYE
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
EYE
EYE
FELE
FELE
Q1 26
9.6%
Q4 25
10.2%
Q3 25
2.0%
14.6%
Q2 25
3.4%
15.0%
Q1 25
5.1%
9.7%
Q4 24
-5.8%
8.9%
Q3 24
-2.0%
13.8%
Q2 24
0.1%
14.6%
Net Margin
EYE
EYE
FELE
FELE
Q1 26
6.9%
Q4 25
7.7%
Q3 25
0.7%
2.9%
Q2 25
1.8%
10.2%
Q1 25
2.8%
6.8%
Q4 24
-6.5%
6.9%
Q3 24
-1.9%
10.3%
Q2 24
-0.7%
10.9%
EPS (diluted)
EYE
EYE
FELE
FELE
Q1 26
$0.77
Q4 25
$0.87
Q3 25
$0.04
$0.37
Q2 25
$0.11
$1.31
Q1 25
$0.18
$0.67
Q4 24
$-0.36
$0.73
Q3 24
$-0.11
$1.17
Q2 24
$-0.04
$1.26

Balance Sheet & Financial Strength

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

Metric
EYE
EYE
FELE
FELE
Cash + ST InvestmentsLiquidity on hand
$56.0M
$80.4M
Total DebtLower is stronger
$236.5M
$134.4M
Stockholders' EquityBook value
$858.8M
$1.3B
Total Assets
$2.0B
$2.0B
Debt / EquityLower = less leverage
0.28×
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EYE
EYE
FELE
FELE
Q1 26
$80.4M
Q4 25
$99.7M
Q3 25
$56.0M
$102.9M
Q2 25
$48.5M
$104.6M
Q1 25
$80.0M
$84.0M
Q4 24
$73.9M
$220.5M
Q3 24
$81.2M
$106.3M
Q2 24
$179.5M
$58.1M
Total Debt
EYE
EYE
FELE
FELE
Q1 26
$134.4M
Q4 25
$135.2M
Q3 25
$236.5M
$135.2M
Q2 25
$255.6M
$14.5M
Q1 25
$244.7M
$14.9M
Q4 24
$248.6M
$11.6M
Q3 24
$252.8M
$11.6M
Q2 24
$143.9M
$87.2M
Stockholders' Equity
EYE
EYE
FELE
FELE
Q1 26
$1.3B
Q4 25
$1.3B
Q3 25
$858.8M
$1.3B
Q2 25
$850.6M
$1.3B
Q1 25
$836.2M
$1.3B
Q4 24
$816.3M
$1.3B
Q3 24
$840.0M
$1.3B
Q2 24
$843.4M
$1.2B
Total Assets
EYE
EYE
FELE
FELE
Q1 26
$2.0B
Q4 25
$1.9B
Q3 25
$2.0B
$2.0B
Q2 25
$2.0B
$2.0B
Q1 25
$2.0B
$1.9B
Q4 24
$2.0B
$1.8B
Q3 24
$2.0B
$1.8B
Q2 24
$2.1B
$1.8B
Debt / Equity
EYE
EYE
FELE
FELE
Q1 26
0.10×
Q4 25
0.10×
Q3 25
0.28×
0.10×
Q2 25
0.30×
0.01×
Q1 25
0.29×
0.01×
Q4 24
0.30×
0.01×
Q3 24
0.30×
0.01×
Q2 24
0.17×
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
EYE
EYE
FELE
FELE
Operating Cash FlowLast quarter
$46.6M
Free Cash FlowOCF − Capex
$30.3M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
13.83×
TTM Free Cash FlowTrailing 4 quarters
$83.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EYE
EYE
FELE
FELE
Q1 26
Q4 25
$104.2M
Q3 25
$46.6M
$102.7M
Q2 25
$54.3M
$51.5M
Q1 25
$32.2M
$-19.5M
Q4 24
$30.3M
$110.3M
Q3 24
$27.9M
$116.1M
Q2 24
$51.5M
$36.4M
Free Cash Flow
EYE
EYE
FELE
FELE
Q1 26
Q4 25
$88.7M
Q3 25
$30.3M
$91.3M
Q2 25
$42.4M
$39.9M
Q1 25
$12.0M
$-26.3M
Q4 24
$-1.7M
$97.5M
Q3 24
$4.1M
$106.6M
Q2 24
$31.9M
$26.1M
FCF Margin
EYE
EYE
FELE
FELE
Q1 26
Q4 25
17.5%
Q3 25
6.2%
15.7%
Q2 25
8.7%
6.8%
Q1 25
2.4%
-5.8%
Q4 24
-0.4%
20.1%
Q3 24
0.9%
20.1%
Q2 24
7.1%
4.8%
Capex Intensity
EYE
EYE
FELE
FELE
Q1 26
Q4 25
3.1%
Q3 25
3.4%
2.0%
Q2 25
2.4%
2.0%
Q1 25
4.0%
1.5%
Q4 24
7.3%
2.6%
Q3 24
5.3%
1.8%
Q2 24
4.3%
1.9%
Cash Conversion
EYE
EYE
FELE
FELE
Q1 26
Q4 25
2.65×
Q3 25
13.83×
6.14×
Q2 25
6.22×
0.86×
Q1 25
2.27×
-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.

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