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

PIPER SANDLER COMPANIES is the larger business by last-quarter revenue ($667.0M vs $500.4M, roughly 1.3× FRANKLIN ELECTRIC CO INC). PIPER SANDLER COMPANIES runs the higher net margin — 17.1% vs 6.9%, a 10.2% gap on every dollar of revenue. On growth, PIPER SANDLER COMPANIES posted the faster year-over-year revenue change (37.4% vs 9.9%). Over the past eight quarters, PIPER SANDLER COMPANIES's revenue compounded faster (39.2% 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...

Piper Sandler Companies is an American multinational investment bank and financial services company, focused on mergers and acquisitions, financial restructuring, public offerings, public finance, institutional brokerage, investment management, and securities research. Through its principal subsidiary, Piper Sandler & Co., the company targets corporations, institutional investors, and public entities.

FELE vs PIPR — Head-to-Head

Bigger by revenue
PIPR
PIPR
1.3× larger
PIPR
$667.0M
$500.4M
FELE
Growing faster (revenue YoY)
PIPR
PIPR
+27.5% gap
PIPR
37.4%
9.9%
FELE
Higher net margin
PIPR
PIPR
10.2% more per $
PIPR
17.1%
6.9%
FELE
Faster 2-yr revenue CAGR
PIPR
PIPR
Annualised
PIPR
39.2%
-4.0%
FELE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FELE
FELE
PIPR
PIPR
Revenue
$500.4M
$667.0M
Net Profit
$34.7M
$114.0M
Gross Margin
35.0%
Operating Margin
9.6%
28.3%
Net Margin
6.9%
17.1%
Revenue YoY
9.9%
37.4%
Net Profit YoY
10.6%
65.0%
EPS (diluted)
$0.77
$6.41

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
PIPR
PIPR
Q1 26
$500.4M
Q4 25
$506.9M
$667.0M
Q3 25
$581.7M
$480.1M
Q2 25
$587.4M
$398.6M
Q1 25
$455.2M
$358.6M
Q4 24
$485.7M
$485.4M
Q3 24
$531.4M
$360.9M
Q2 24
$543.3M
$340.8M
Net Profit
FELE
FELE
PIPR
PIPR
Q1 26
$34.7M
Q4 25
$39.3M
$114.0M
Q3 25
$16.7M
$60.3M
Q2 25
$60.1M
$42.2M
Q1 25
$31.0M
$64.9M
Q4 24
$33.7M
$69.1M
Q3 24
$54.6M
$34.8M
Q2 24
$59.1M
$34.8M
Gross Margin
FELE
FELE
PIPR
PIPR
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
FELE
FELE
PIPR
PIPR
Q1 26
9.6%
Q4 25
10.2%
28.3%
Q3 25
14.6%
22.4%
Q2 25
15.0%
12.3%
Q1 25
9.7%
8.2%
Q4 24
8.9%
16.9%
Q3 24
13.8%
15.4%
Q2 24
14.6%
8.3%
Net Margin
FELE
FELE
PIPR
PIPR
Q1 26
6.9%
Q4 25
7.7%
17.1%
Q3 25
2.9%
12.6%
Q2 25
10.2%
10.6%
Q1 25
6.8%
18.1%
Q4 24
6.9%
14.2%
Q3 24
10.3%
9.6%
Q2 24
10.9%
10.2%
EPS (diluted)
FELE
FELE
PIPR
PIPR
Q1 26
$0.77
Q4 25
$0.87
$6.41
Q3 25
$0.37
$3.38
Q2 25
$1.31
$2.38
Q1 25
$0.67
$3.65
Q4 24
$0.73
$3.88
Q3 24
$1.17
$1.96
Q2 24
$1.26
$1.97

Balance Sheet & Financial Strength

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

Metric
FELE
FELE
PIPR
PIPR
Cash + ST InvestmentsLiquidity on hand
$80.4M
Total DebtLower is stronger
$134.4M
Stockholders' EquityBook value
$1.3B
$1.4B
Total Assets
$2.0B
$2.6B
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FELE
FELE
PIPR
PIPR
Q1 26
$80.4M
Q4 25
$99.7M
Q3 25
$102.9M
Q2 25
$104.6M
Q1 25
$84.0M
Q4 24
$220.5M
Q3 24
$106.3M
Q2 24
$58.1M
Total Debt
FELE
FELE
PIPR
PIPR
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
PIPR
PIPR
Q1 26
$1.3B
Q4 25
$1.3B
$1.4B
Q3 25
$1.3B
$1.3B
Q2 25
$1.3B
$1.2B
Q1 25
$1.3B
$1.2B
Q4 24
$1.3B
$1.2B
Q3 24
$1.3B
$1.2B
Q2 24
$1.2B
$1.1B
Total Assets
FELE
FELE
PIPR
PIPR
Q1 26
$2.0B
Q4 25
$1.9B
$2.6B
Q3 25
$2.0B
$2.2B
Q2 25
$2.0B
$2.0B
Q1 25
$1.9B
$1.8B
Q4 24
$1.8B
$2.3B
Q3 24
$1.8B
$2.0B
Q2 24
$1.8B
$1.9B
Debt / Equity
FELE
FELE
PIPR
PIPR
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
PIPR
PIPR
Operating Cash FlowLast quarter
$729.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
6.40×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FELE
FELE
PIPR
PIPR
Q1 26
Q4 25
$104.2M
$729.8M
Q3 25
$102.7M
$31.9M
Q2 25
$51.5M
$32.1M
Q1 25
$-19.5M
$-207.2M
Q4 24
$110.3M
$163.8M
Q3 24
$116.1M
$80.1M
Q2 24
$36.4M
$266.5M
Free Cash Flow
FELE
FELE
PIPR
PIPR
Q1 26
Q4 25
$88.7M
Q3 25
$91.3M
Q2 25
$39.9M
Q1 25
$-26.3M
Q4 24
$97.5M
Q3 24
$106.6M
Q2 24
$26.1M
FCF Margin
FELE
FELE
PIPR
PIPR
Q1 26
Q4 25
17.5%
Q3 25
15.7%
Q2 25
6.8%
Q1 25
-5.8%
Q4 24
20.1%
Q3 24
20.1%
Q2 24
4.8%
Capex Intensity
FELE
FELE
PIPR
PIPR
Q1 26
Q4 25
3.1%
Q3 25
2.0%
Q2 25
2.0%
Q1 25
1.5%
Q4 24
2.6%
Q3 24
1.8%
Q2 24
1.9%
Cash Conversion
FELE
FELE
PIPR
PIPR
Q1 26
Q4 25
2.65×
6.40×
Q3 25
6.14×
0.53×
Q2 25
0.86×
0.76×
Q1 25
-0.63×
-3.19×
Q4 24
3.28×
2.37×
Q3 24
2.13×
2.30×
Q2 24
0.62×
7.66×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FELE
FELE

Segment breakdown not available.

PIPR
PIPR

Advisory Services$402.6M60%
Equities Financing$66.7M10%
Equity Salesand Trading$64.2M10%
Fixed Income Salesand Trading$47.9M7%
Other$46.7M7%
Debt Financing$38.9M6%

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