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

HOULIHAN LOKEY, INC. is the larger business by last-quarter revenue ($717.1M vs $500.4M, roughly 1.4× FRANKLIN ELECTRIC CO INC). HOULIHAN LOKEY, INC. runs the higher net margin — 16.3% vs 6.9%, a 9.3% gap on every dollar of revenue. On growth, HOULIHAN LOKEY, INC. posted the faster year-over-year revenue change (13.0% vs 9.9%). Over the past eight quarters, HOULIHAN LOKEY, INC.'s revenue compounded faster (17.4% CAGR vs -4.0%).

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...

Houlihan Lokey, Inc. is an American multinational independent investment bank and financial services company. Houlihan Lokey was founded in 1972 and is headquartered at Constellation Place in Century City, Los Angeles, California. The firm advises large public and closely held companies as well as institutions and governments. Its main service lines include mergers and acquisitions, capital solutions, restructuring and distressed M&A, fairness opinions, and financial and valuation advisory. A...

FELE vs HLI — Head-to-Head

Bigger by revenue
HLI
HLI
1.4× larger
HLI
$717.1M
$500.4M
FELE
Growing faster (revenue YoY)
HLI
HLI
+3.1% gap
HLI
13.0%
9.9%
FELE
Higher net margin
HLI
HLI
9.3% more per $
HLI
16.3%
6.9%
FELE
Faster 2-yr revenue CAGR
HLI
HLI
Annualised
HLI
17.4%
-4.0%
FELE

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
FELE
FELE
HLI
HLI
Revenue
$500.4M
$717.1M
Net Profit
$34.7M
$116.5M
Gross Margin
35.0%
32.2%
Operating Margin
9.6%
22.4%
Net Margin
6.9%
16.3%
Revenue YoY
9.9%
13.0%
Net Profit YoY
10.6%
22.3%
EPS (diluted)
$0.77
$1.70

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
FELE
FELE
HLI
HLI
Q1 26
$500.4M
Q4 25
$506.9M
$717.1M
Q3 25
$581.7M
$659.5M
Q2 25
$587.4M
$605.3M
Q1 25
$455.2M
$666.4M
Q4 24
$485.7M
$634.4M
Q3 24
$531.4M
$575.0M
Q2 24
$543.3M
$513.6M
Net Profit
FELE
FELE
HLI
HLI
Q1 26
$34.7M
Q4 25
$39.3M
$116.5M
Q3 25
$16.7M
$111.8M
Q2 25
$60.1M
$97.5M
Q1 25
$31.0M
$121.9M
Q4 24
$33.7M
$95.3M
Q3 24
$54.6M
$93.5M
Q2 24
$59.1M
$88.9M
Gross Margin
FELE
FELE
HLI
HLI
Q1 26
35.0%
Q4 25
33.8%
32.2%
Q3 25
35.9%
33.8%
Q2 25
36.1%
31.0%
Q1 25
36.0%
33.9%
Q4 24
33.8%
31.4%
Q3 24
35.7%
33.0%
Q2 24
36.8%
30.6%
Operating Margin
FELE
FELE
HLI
HLI
Q1 26
9.6%
Q4 25
10.2%
22.4%
Q3 25
14.6%
22.9%
Q2 25
15.0%
14.8%
Q1 25
9.7%
20.9%
Q4 24
8.9%
21.5%
Q3 24
13.8%
22.7%
Q2 24
14.6%
18.6%
Net Margin
FELE
FELE
HLI
HLI
Q1 26
6.9%
Q4 25
7.7%
16.3%
Q3 25
2.9%
17.0%
Q2 25
10.2%
16.1%
Q1 25
6.8%
18.3%
Q4 24
6.9%
15.0%
Q3 24
10.3%
16.3%
Q2 24
10.9%
17.3%
EPS (diluted)
FELE
FELE
HLI
HLI
Q1 26
$0.77
Q4 25
$0.87
$1.70
Q3 25
$0.37
$1.63
Q2 25
$1.31
$1.42
Q1 25
$0.67
$1.76
Q4 24
$0.73
$1.39
Q3 24
$1.17
$1.37
Q2 24
$1.26
$1.30

Balance Sheet & Financial Strength

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

Metric
FELE
FELE
HLI
HLI
Cash + ST InvestmentsLiquidity on hand
$80.4M
$1.1B
Total DebtLower is stronger
$134.4M
Stockholders' EquityBook value
$1.3B
$2.3B
Total Assets
$2.0B
$3.9B
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FELE
FELE
HLI
HLI
Q1 26
$80.4M
Q4 25
$99.7M
$1.1B
Q3 25
$102.9M
$923.6M
Q2 25
$104.6M
$793.8M
Q1 25
$84.0M
$971.0M
Q4 24
$220.5M
$799.3M
Q3 24
$106.3M
$691.4M
Q2 24
$58.1M
$449.7M
Total Debt
FELE
FELE
HLI
HLI
Q1 26
$134.4M
Q4 25
$135.2M
Q3 25
$135.2M
Q2 25
$14.5M
Q1 25
$14.9M
Q4 24
$11.6M
Q3 24
$11.6M
Q2 24
$87.2M
Stockholders' Equity
FELE
FELE
HLI
HLI
Q1 26
$1.3B
Q4 25
$1.3B
$2.3B
Q3 25
$1.3B
$2.2B
Q2 25
$1.3B
$2.2B
Q1 25
$1.3B
$2.2B
Q4 24
$1.3B
$2.1B
Q3 24
$1.3B
$2.0B
Q2 24
$1.2B
$1.8B
Total Assets
FELE
FELE
HLI
HLI
Q1 26
$2.0B
Q4 25
$1.9B
$3.9B
Q3 25
$2.0B
$3.8B
Q2 25
$2.0B
$3.5B
Q1 25
$1.9B
$3.8B
Q4 24
$1.8B
$3.5B
Q3 24
$1.8B
$3.2B
Q2 24
$1.8B
$2.9B
Debt / Equity
FELE
FELE
HLI
HLI
Q1 26
0.10×
Q4 25
0.10×
Q3 25
0.10×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
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
FELE
FELE
HLI
HLI
Operating Cash FlowLast quarter
$217.7M
Free Cash FlowOCF − Capex
$217.0M
FCF MarginFCF / Revenue
30.3%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.87×
TTM Free Cash FlowTrailing 4 quarters
$738.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FELE
FELE
HLI
HLI
Q1 26
Q4 25
$104.2M
$217.7M
Q3 25
$102.7M
$325.0M
Q2 25
$51.5M
$-131.6M
Q1 25
$-19.5M
$358.4M
Q4 24
$110.3M
$265.5M
Q3 24
$116.1M
$289.2M
Q2 24
$36.4M
$-64.5M
Free Cash Flow
FELE
FELE
HLI
HLI
Q1 26
Q4 25
$88.7M
$217.0M
Q3 25
$91.3M
$322.8M
Q2 25
$39.9M
$-144.8M
Q1 25
$-26.3M
$343.9M
Q4 24
$97.5M
$261.7M
Q3 24
$106.6M
$278.7M
Q2 24
$26.1M
$-75.4M
FCF Margin
FELE
FELE
HLI
HLI
Q1 26
Q4 25
17.5%
30.3%
Q3 25
15.7%
49.0%
Q2 25
6.8%
-23.9%
Q1 25
-5.8%
51.6%
Q4 24
20.1%
41.2%
Q3 24
20.1%
48.5%
Q2 24
4.8%
-14.7%
Capex Intensity
FELE
FELE
HLI
HLI
Q1 26
Q4 25
3.1%
0.1%
Q3 25
2.0%
0.3%
Q2 25
2.0%
2.2%
Q1 25
1.5%
2.2%
Q4 24
2.6%
0.6%
Q3 24
1.8%
1.8%
Q2 24
1.9%
2.1%
Cash Conversion
FELE
FELE
HLI
HLI
Q1 26
Q4 25
2.65×
1.87×
Q3 25
6.14×
2.91×
Q2 25
0.86×
-1.35×
Q1 25
-0.63×
2.94×
Q4 24
3.28×
2.79×
Q3 24
2.13×
3.09×
Q2 24
0.62×
-0.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FELE
FELE

Segment breakdown not available.

HLI
HLI

Corporate Finance$473.7M66%
Financial Restructuring$156.3M22%
Financial Advisory Services$87.1M12%

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