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Side-by-side financial comparison of FRANKLIN ELECTRIC CO INC (FELE) and IDEX Corporation (IEX). 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 $398.4M, roughly 1.3× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs 6.9%, a 23.2% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs 9.9%). Over the past eight quarters, FRANKLIN ELECTRIC CO INC's revenue compounded faster (-4.0% CAGR vs -29.4%).

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...

IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.

FELE vs IEX — Head-to-Head

Bigger by revenue
FELE
FELE
1.3× larger
FELE
$500.4M
$398.4M
IEX
Growing faster (revenue YoY)
IEX
IEX
+6.7% gap
IEX
16.7%
9.9%
FELE
Higher net margin
IEX
IEX
23.2% more per $
IEX
30.1%
6.9%
FELE
Faster 2-yr revenue CAGR
FELE
FELE
Annualised
FELE
-4.0%
-29.4%
IEX

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
FELE
FELE
IEX
IEX
Revenue
$500.4M
$398.4M
Net Profit
$34.7M
$120.0M
Gross Margin
35.0%
99.9%
Operating Margin
9.6%
43.3%
Net Margin
6.9%
30.1%
Revenue YoY
9.9%
16.7%
Net Profit YoY
10.6%
25.7%
EPS (diluted)
$0.77
$1.61

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
IEX
IEX
Q2 26
$398.4M
Q1 26
$500.4M
$407.7M
Q4 25
$506.9M
$899.1M
Q3 25
$581.7M
$878.7M
Q2 25
$587.4M
$865.4M
Q1 25
$455.2M
$814.3M
Q4 24
$485.7M
$862.9M
Q3 24
$531.4M
$798.2M
Net Profit
FELE
FELE
IEX
IEX
Q2 26
$120.0M
Q1 26
$34.7M
$128.3M
Q4 25
$39.3M
$128.3M
Q3 25
$16.7M
$127.8M
Q2 25
$60.1M
$131.6M
Q1 25
$31.0M
$95.5M
Q4 24
$33.7M
$123.2M
Q3 24
$54.6M
$119.1M
Gross Margin
FELE
FELE
IEX
IEX
Q2 26
99.9%
Q1 26
35.0%
94.9%
Q4 25
33.8%
43.1%
Q3 25
35.9%
44.5%
Q2 25
36.1%
45.3%
Q1 25
36.0%
45.3%
Q4 24
33.8%
42.5%
Q3 24
35.7%
44.3%
Operating Margin
FELE
FELE
IEX
IEX
Q2 26
43.3%
Q1 26
9.6%
45.0%
Q4 25
10.2%
20.4%
Q3 25
14.6%
21.1%
Q2 25
15.0%
21.7%
Q1 25
9.7%
17.4%
Q4 24
8.9%
19.2%
Q3 24
13.8%
21.0%
Net Margin
FELE
FELE
IEX
IEX
Q2 26
30.1%
Q1 26
6.9%
31.5%
Q4 25
7.7%
14.3%
Q3 25
2.9%
14.5%
Q2 25
10.2%
15.2%
Q1 25
6.8%
11.7%
Q4 24
6.9%
14.3%
Q3 24
10.3%
14.9%
EPS (diluted)
FELE
FELE
IEX
IEX
Q2 26
$1.61
Q1 26
$0.77
$1.71
Q4 25
$0.87
$1.71
Q3 25
$0.37
$1.70
Q2 25
$1.31
$1.74
Q1 25
$0.67
$1.26
Q4 24
$0.73
$1.61
Q3 24
$1.17
$1.57

Balance Sheet & Financial Strength

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

Metric
FELE
FELE
IEX
IEX
Cash + ST InvestmentsLiquidity on hand
$80.4M
$586.2M
Total DebtLower is stronger
$134.4M
Stockholders' EquityBook value
$1.3B
$4.0B
Total Assets
$2.0B
$6.9B
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FELE
FELE
IEX
IEX
Q2 26
$586.2M
Q1 26
$80.4M
$580.0M
Q4 25
$99.7M
$580.0M
Q3 25
$102.9M
$593.8M
Q2 25
$104.6M
$568.2M
Q1 25
$84.0M
$594.1M
Q4 24
$220.5M
$620.8M
Q3 24
$106.3M
$633.2M
Total Debt
FELE
FELE
IEX
IEX
Q2 26
Q1 26
$134.4M
Q4 25
$135.2M
$1.8B
Q3 25
$135.2M
$1.9B
Q2 25
$14.5M
$1.9B
Q1 25
$14.9M
$2.0B
Q4 24
$11.6M
$2.0B
Q3 24
$11.6M
$2.1B
Stockholders' Equity
FELE
FELE
IEX
IEX
Q2 26
$4.0B
Q1 26
$1.3B
$4.0B
Q4 25
$1.3B
$4.0B
Q3 25
$1.3B
$4.0B
Q2 25
$1.3B
$4.0B
Q1 25
$1.3B
$3.9B
Q4 24
$1.3B
$3.8B
Q3 24
$1.3B
$3.8B
Total Assets
FELE
FELE
IEX
IEX
Q2 26
$6.9B
Q1 26
$2.0B
$6.9B
Q4 25
$1.9B
$6.9B
Q3 25
$2.0B
$7.0B
Q2 25
$2.0B
$6.9B
Q1 25
$1.9B
$6.8B
Q4 24
$1.8B
$6.7B
Q3 24
$1.8B
$7.0B
Debt / Equity
FELE
FELE
IEX
IEX
Q2 26
Q1 26
0.10×
Q4 25
0.10×
0.45×
Q3 25
0.10×
0.48×
Q2 25
0.01×
0.46×
Q1 25
0.01×
0.50×
Q4 24
0.01×
0.52×
Q3 24
0.01×
0.55×

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
IEX
IEX
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$86.0M
FCF MarginFCF / Revenue
21.6%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$654.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FELE
FELE
IEX
IEX
Q2 26
Q1 26
Q4 25
$104.2M
$209.5M
Q3 25
$102.7M
$203.5M
Q2 25
$51.5M
$161.7M
Q1 25
$-19.5M
$105.7M
Q4 24
$110.3M
$172.6M
Q3 24
$116.1M
$205.3M
Free Cash Flow
FELE
FELE
IEX
IEX
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$88.7M
$189.8M
Q3 25
$91.3M
$188.7M
Q2 25
$39.9M
$146.9M
Q1 25
$-26.3M
$91.4M
Q4 24
$97.5M
$157.1M
Q3 24
$106.6M
$191.6M
FCF Margin
FELE
FELE
IEX
IEX
Q2 26
21.6%
Q1 26
46.6%
Q4 25
17.5%
21.1%
Q3 25
15.7%
21.5%
Q2 25
6.8%
17.0%
Q1 25
-5.8%
11.2%
Q4 24
20.1%
18.2%
Q3 24
20.1%
24.0%
Capex Intensity
FELE
FELE
IEX
IEX
Q2 26
4.4%
Q1 26
15.6%
Q4 25
3.1%
2.2%
Q3 25
2.0%
1.7%
Q2 25
2.0%
1.7%
Q1 25
1.5%
1.8%
Q4 24
2.6%
1.8%
Q3 24
1.8%
1.7%
Cash Conversion
FELE
FELE
IEX
IEX
Q2 26
Q1 26
Q4 25
2.65×
1.63×
Q3 25
6.14×
1.59×
Q2 25
0.86×
1.23×
Q1 25
-0.63×
1.11×
Q4 24
3.28×
1.40×
Q3 24
2.13×
1.72×

Financial Flow Comparison

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

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