vs

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

STERLING INFRASTRUCTURE, INC. is the larger business by last-quarter revenue ($755.6M vs $500.4M, roughly 1.5× FRANKLIN ELECTRIC CO INC). STERLING INFRASTRUCTURE, INC. runs the higher net margin — 11.6% vs 6.9%, a 4.7% gap on every dollar of revenue. On growth, STERLING INFRASTRUCTURE, INC. posted the faster year-over-year revenue change (51.5% vs 9.9%). Over the past eight quarters, STERLING INFRASTRUCTURE, INC.'s revenue compounded faster (31.0% 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...

Sterling & Wilson is an Indian multinational engineering, procurement, and construction (EPC) company headquartered in Mumbai, Maharashtra. It operates across multiple sectors including renewable energy, data centers, diesel power generation, and mechanical, electrical, and plumbing (MEP) services. The company has delivered projects in over 30 countries, with execution teams located across Asia, the Middle East, Africa, Europe, and Australia.

FELE vs STRL — Head-to-Head

Bigger by revenue
STRL
STRL
1.5× larger
STRL
$755.6M
$500.4M
FELE
Growing faster (revenue YoY)
STRL
STRL
+41.5% gap
STRL
51.5%
9.9%
FELE
Higher net margin
STRL
STRL
4.7% more per $
STRL
11.6%
6.9%
FELE
Faster 2-yr revenue CAGR
STRL
STRL
Annualised
STRL
31.0%
-4.0%
FELE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FELE
FELE
STRL
STRL
Revenue
$500.4M
$755.6M
Net Profit
$34.7M
$87.6M
Gross Margin
35.0%
21.7%
Operating Margin
9.6%
15.9%
Net Margin
6.9%
11.6%
Revenue YoY
9.9%
51.5%
Net Profit YoY
10.6%
-22.6%
EPS (diluted)
$0.77
$2.82

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
STRL
STRL
Q1 26
$500.4M
Q4 25
$506.9M
$755.6M
Q3 25
$581.7M
$689.0M
Q2 25
$587.4M
$614.5M
Q1 25
$455.2M
$430.9M
Q4 24
$485.7M
$498.8M
Q3 24
$531.4M
$593.7M
Q2 24
$543.3M
$582.8M
Net Profit
FELE
FELE
STRL
STRL
Q1 26
$34.7M
Q4 25
$39.3M
$87.6M
Q3 25
$16.7M
$92.1M
Q2 25
$60.1M
$71.0M
Q1 25
$31.0M
$39.5M
Q4 24
$33.7M
$113.2M
Q3 24
$54.6M
$61.3M
Q2 24
$59.1M
$51.9M
Gross Margin
FELE
FELE
STRL
STRL
Q1 26
35.0%
Q4 25
33.8%
21.7%
Q3 25
35.9%
24.7%
Q2 25
36.1%
23.3%
Q1 25
36.0%
22.0%
Q4 24
33.8%
21.4%
Q3 24
35.7%
21.9%
Q2 24
36.8%
19.3%
Operating Margin
FELE
FELE
STRL
STRL
Q1 26
9.6%
Q4 25
10.2%
15.9%
Q3 25
14.6%
18.2%
Q2 25
15.0%
17.0%
Q1 25
9.7%
13.0%
Q4 24
8.9%
12.5%
Q3 24
13.8%
14.7%
Q2 24
14.6%
12.5%
Net Margin
FELE
FELE
STRL
STRL
Q1 26
6.9%
Q4 25
7.7%
11.6%
Q3 25
2.9%
13.4%
Q2 25
10.2%
11.6%
Q1 25
6.8%
9.2%
Q4 24
6.9%
22.7%
Q3 24
10.3%
10.3%
Q2 24
10.9%
8.9%
EPS (diluted)
FELE
FELE
STRL
STRL
Q1 26
$0.77
Q4 25
$0.87
$2.82
Q3 25
$0.37
$2.97
Q2 25
$1.31
$2.31
Q1 25
$0.67
$1.28
Q4 24
$0.73
$3.63
Q3 24
$1.17
$1.97
Q2 24
$1.26
$1.67

Balance Sheet & Financial Strength

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

Metric
FELE
FELE
STRL
STRL
Cash + ST InvestmentsLiquidity on hand
$80.4M
$390.7M
Total DebtLower is stronger
$134.4M
Stockholders' EquityBook value
$1.3B
$1.1B
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
STRL
STRL
Q1 26
$80.4M
Q4 25
$99.7M
$390.7M
Q3 25
$102.9M
$306.4M
Q2 25
$104.6M
$699.4M
Q1 25
$84.0M
$638.6M
Q4 24
$220.5M
$664.2M
Q3 24
$106.3M
$648.1M
Q2 24
$58.1M
$540.0M
Total Debt
FELE
FELE
STRL
STRL
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
STRL
STRL
Q1 26
$1.3B
Q4 25
$1.3B
$1.1B
Q3 25
$1.3B
$1.1B
Q2 25
$1.3B
$881.7M
Q1 25
$1.3B
$805.4M
Q4 24
$1.3B
$808.1M
Q3 24
$1.3B
$716.5M
Q2 24
$1.2B
$670.7M
Total Assets
FELE
FELE
STRL
STRL
Q1 26
$2.0B
Q4 25
$1.9B
$2.6B
Q3 25
$2.0B
$2.6B
Q2 25
$2.0B
$2.2B
Q1 25
$1.9B
$2.0B
Q4 24
$1.8B
$2.0B
Q3 24
$1.8B
$2.0B
Q2 24
$1.8B
$2.0B
Debt / Equity
FELE
FELE
STRL
STRL
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
STRL
STRL
Operating Cash FlowLast quarter
$186.1M
Free Cash FlowOCF − Capex
$159.7M
FCF MarginFCF / Revenue
21.1%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
2.12×
TTM Free Cash FlowTrailing 4 quarters
$362.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FELE
FELE
STRL
STRL
Q1 26
Q4 25
$104.2M
$186.1M
Q3 25
$102.7M
$83.6M
Q2 25
$51.5M
$85.4M
Q1 25
$-19.5M
$84.9M
Q4 24
$110.3M
$174.3M
Q3 24
$116.1M
$152.3M
Q2 24
$36.4M
$121.0M
Free Cash Flow
FELE
FELE
STRL
STRL
Q1 26
Q4 25
$88.7M
$159.7M
Q3 25
$91.3M
$64.0M
Q2 25
$39.9M
$72.1M
Q1 25
$-26.3M
$67.0M
Q4 24
$97.5M
$158.6M
Q3 24
$106.6M
$138.3M
Q2 24
$26.1M
$92.1M
FCF Margin
FELE
FELE
STRL
STRL
Q1 26
Q4 25
17.5%
21.1%
Q3 25
15.7%
9.3%
Q2 25
6.8%
11.7%
Q1 25
-5.8%
15.5%
Q4 24
20.1%
31.8%
Q3 24
20.1%
23.3%
Q2 24
4.8%
15.8%
Capex Intensity
FELE
FELE
STRL
STRL
Q1 26
Q4 25
3.1%
3.5%
Q3 25
2.0%
2.9%
Q2 25
2.0%
2.2%
Q1 25
1.5%
4.2%
Q4 24
2.6%
3.1%
Q3 24
1.8%
2.4%
Q2 24
1.9%
5.0%
Cash Conversion
FELE
FELE
STRL
STRL
Q1 26
Q4 25
2.65×
2.12×
Q3 25
6.14×
0.91×
Q2 25
0.86×
1.20×
Q1 25
-0.63×
2.15×
Q4 24
3.28×
1.54×
Q3 24
2.13×
2.48×
Q2 24
0.62×
2.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FELE
FELE

Segment breakdown not available.

STRL
STRL

Lump Sum$464.9M62%
Heavy Highway$99.6M13%
Residential Construction$70.4M9%
Road And Highway Builders LLC$52.4M7%
Other Revenue$36.6M5%
Aviation$16.6M2%
Commercial$11.4M2%
Related Party$600.0K0%

Related Comparisons