Financials · FELE

Franklin Electric Co. Inc. (FELE) financials

For the twelve months ended Sep 30, 2026, Franklin Electric Co. Inc. reported $2.26B of revenue and $199.97M of net income.

Revenue, TTM
$2.26B
Revenue growth, YoY
+7.3%
Net income, TTM
$199.97M
Net income growth, YoY
+41.3%
Net margin
8.8%
Free cash flow, TTM
$193.49M
EPS, diluted, TTM
$4.45
EPS growth, YoY
+44.5%
Cash
$159.10M
Total debt
$560.64M
P/E
20.80
P/S
1.84
Market cap
$4.16B
Annual revenue$2.13B
FY2016FY2025
Annual net income$147.09M
FY2016FY2025
Annual free cash flow$193.54M
FY2016FY2025

FELE revenue and earnings growth

FELE revenueQ3 2026$633.62M

Quarter YoY
+8.9%
QoQ
+1.7%
FY YoY
+5.4%
5Y CAGR
+11.3%
10Y CAGR
+8.7%

FELE revenue was $633.62M in fiscal Q3 2026 (ended Sep 30, 2026), up 8.9% from a year earlier and up 1.7% from the prior quarter. For the full fiscal 2025 it was $2.13B, up 5.4% from fiscal 2024. Compound annual growth was +11.3% over 5 years and +8.7% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

FELE net incomeQ3 2026$60.65M

Quarter YoY
+262.3%
QoQ
-7.7%
FY YoY
-18.4%
5Y CAGR
+7.9%
10Y CAGR
+7.3%

FELE net income was $60.65M in fiscal Q3 2026 (ended Sep 30, 2026), up 262.3% from a year earlier and down 7.7% from the prior quarter. For the full fiscal 2025 it was $147.09M, down 18.4% from fiscal 2024. Compound annual growth was +7.9% over 5 years and +7.3% over 10 years. It rose in 6 of the last 10 fiscal years.

FELE EPSQ3 2026$1.35

Quarter YoY
+264.9%
QoQ
-7.5%
FY YoY
-16.6%
5Y CAGR
+8.5%
10Y CAGR
+7.9%

FELE diluted EPS was $1.35 in fiscal Q3 2026 (ended Sep 30, 2026), up 264.9% from a year earlier and down 7.5% from the prior quarter. For the full fiscal 2025 it was $3.22, down 16.6% from fiscal 2024. Compound annual growth was +8.5% over 5 years and +7.9% over 10 years.

FELE free cash flowQ3 2026$66.49M

Quarter YoY
-27.2%
QoQ
-25.0%
FY YoY
-11.9%
5Y CAGR
+0.5%
10Y CAGR
+10.2%

FELE free cash flow was $66.49M in fiscal Q3 2026 (ended Sep 30, 2026), down 27.2% from a year earlier and down 25.0% from the prior quarter. For the full fiscal 2025 it was $193.54M, down 11.9% from fiscal 2024. Compound annual growth was +0.5% over 5 years and +10.2% over 10 years. It rose in 5 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$2.13B$2.02B$2.07B$2.04B$1.66B$1.25B$1.31B$1.30B$1.12B$949.86M
Cost of revenue$1.38B$1.30B$1.37B$1.35B$1.09B$814.19M$886.48M$865.76M$747.93M$618.45M
Gross profit$755.92M$717.28M$697.01M$691.43M$576.09M$433.14M$428.10M$432.37M$376.98M$331.41M
Research and development$20.00M$21.50M$17.70M$16.70M$17.30M$21.70M$20.80M$22.10M$20.80M$21.50M
Selling, general and admin$486.23M$470.14M$433.48M$432.08M$386.27M$300.12M$298.45M$298.71M$265.45M$219.93M
Operating income$268.98M$243.65M$262.44M$257.19M$189.19M$130.51M$127.13M$131.99M$107.23M$112.07M
Interest expense$10.64M$6.32M$11.79M$11.53M$5.20M$4.63M$8.24M$9.84M$10.32M$8.73M
Pre-tax income$194.65M$231.85M$242.22M$235.23M$189.71M$123.70M$116.83M$120.41M$104.59M$104.11M
Income tax$45.96M$50.24M$47.49M$46.42M$34.73M$22.54M$20.84M$14.89M$25.99M$24.80M
Net income$147.09M$180.31M$193.27M$187.33M$153.86M$100.46M$95.48M$105.88M$78.18M$78.75M
EPS, basic$3.25$3.92$4.17$4.02$3.29$2.16$2.04$2.25$1.67$1.67
EPS, diluted$3.22$3.86$4.11$3.97$3.25$2.14$2.03$2.23$1.65$1.65
Diluted shares45.5M46.5M46.9M47.0M47.0M46.7M46.8M47.0M47.0M46.7M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$99.66M$220.54M$84.96M$45.79M$40.54M$130.79M$64.41M$59.17M$67.23M$104.33M
Receivables$247.51M$226.83M$222.42M$230.40M$196.17M$159.83M$173.33M$172.90M$171.01M$146.00M
Inventory$552.98M$483.88M$508.70M$544.98M$449.98M$300.93M$300.25M$314.05M$312.32M$203.47M
Current assets$958.63M$964.19M$853.79M$858.09M$724.65M$619.25M$567.44M$579.88M$589.13M$483.82M
Goodwill$398.13M$338.50M$342.40M$328.00M$329.60M$266.70M$256.10M$248.70M$236.80M$199.60M
Total assets$1.94B$1.82B$1.73B$1.69B$1.58B$1.27B$1.19B$1.18B$1.19B$1.04B
Current liabilities$344.05M$433.73M$287.04M$405.77M$396.01M$203.70M$185.76M$255.86M$245.90M$157.76M
Short-term debt$31.83M$117.81M$12.36M$126.76M$97.98M$2.55M$21.88M$111.97M$100.45M$33.72M
Long-term debt$135.18M$11.62M$88.06M$89.27M$90.53M$91.97M$93.14M$94.38M$125.60M$156.54M
Total debt$167.01M$129.44M$100.41M$216.03M$188.52M$94.52M$115.02M$206.35M$226.05M$190.26M
Total liabilities$619.02M$552.00M$518.97M$624.07M$626.50M$422.36M$396.07M$446.54M$482.73M$424.82M
Shareholders' equity$1.32B$1.27B$1.21B$1.07B$946.50M$847.83M$796.54M$733.87M$702.62M$613.45M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$238.88M$261.35M$315.71M$101.67M$129.76M$211.85M$177.68M$128.44M$66.75M$115.37M
Capital expenditures$45.34M$41.68M$41.41M$41.90M$30.12M$22.86M$21.86M$22.43M$33.48M$39.14M
Free cash flow$193.54M$219.67M$274.30M$59.77M$99.65M$189.00M$155.82M$106.00M$33.27M$76.24M
Investing cash flow-$157.13M-$45.63M-$74.29M-$43.07M-$264.81M-$78.81M-$41.81M-$66.29M-$84.70M-$33.77M
Financing cash flow-$197.31M-$74.07M-$192.19M-$48.47M$50.89M-$66.58M-$126.65M-$66.79M-$22.58M-$51.70M
Dividends paid$50.00M$46.88M$41.72M$36.99M$33.40M$29.68M$27.67M$22.61M$20.29M$19.14M
Share repurchases$165.62M$61.04M$43.33M$40.49M$25.95M$19.55M$10.74M$34.19M$3.62M$7.42M
Stock-based compensation$13.20M$12.06M$10.13M$10.97M$11.73M$10.07M$8.96M$8.45M$7.11M$6.89M
Depreciation and amortization$62.88M$56.07M$52.26M$50.37M$44.57M$36.49M$36.98M$38.60M$38.51M$35.53M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY5.4%-2.1%1.0%23.0%33.2%-5.1%1.3%15.4%18.4%2.7%
Net income growth, YoY-18.4%-6.7%3.2%21.8%53.2%5.2%-9.8%35.4%-0.7%8.0%
EPS growth, YoY-16.6%-6.1%3.5%22.2%51.9%5.4%-9.0%35.2%0.0%10.0%
Gross margin35.5%35.5%33.8%33.8%34.7%34.7%32.6%33.3%33.5%34.9%
Operating margin12.6%12.1%12.7%12.6%11.4%10.5%9.7%10.2%9.5%11.8%
Net margin6.9%8.9%9.4%9.2%9.3%8.1%7.3%8.2%6.9%8.3%
Free cash flow margin9.1%10.9%13.3%2.9%6.0%15.2%11.9%8.2%3.0%8.0%
Return on equity11.1%14.2%16.0%17.5%16.3%11.8%12.0%14.4%11.1%12.8%
Return on assets7.6%9.9%11.2%11.1%9.8%7.9%8.0%9.0%6.6%7.6%
Current ratio2.792.222.972.111.833.043.052.272.403.07
Debt to equity0.130.100.080.200.200.110.140.280.320.31

Source: XBRL data Franklin Electric Co. Inc. files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 2-for-1, first reported May 9, 2013.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

FELE peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
FELE$2.26B+7.3%$199.97M8.8%$4.16B
PH$22.41B+11.9%$3.72B16.6%$115.74B
HWM$9.73B+22.0%$2.05B21.1%$81.84B
RS$17.37B+24.7%$1.11B6.4%$21.24B
RBC$2.02B+17.4%$354.40M17.5%$15.02B
CR$2.76B+21.5%$342.00M12.4%$11.63B
WTS$2.79B+18.7%$447.00M16.0%$11.56B
MLI$5.00B+20.8%$863.59M17.3%$11.54B
GNRC$4.62B+6.1%$301.26M6.5%$10.43B

FELE FAQ

9 questions
  • What is FELE revenue?
    Franklin Electric Co. Inc. (FELE) reported $2.26B of revenue for the twelve months ended Sep 30, 2026. That is up 7.3% from the year before. Revenue for fiscal 2025 was $2.13B.
  • Is FELE profitable?
    Yes. Franklin Electric Co. Inc. earned $199.97M in net income for the twelve months ended Sep 30, 2026, a net margin of 8.8%.
  • How much cash and debt does FELE have?
    Franklin Electric Co. Inc. reported $159.10M in cash and cash equivalents and $560.64M of debt on its most recent balance sheet in SEC filings.
  • How fast is FELE revenue growing?
    Franklin Electric Co. Inc.'s revenue changed +5.4% in fiscal 2025, to $2.13B. Its compound annual growth rate was +11.3% over 5 years and +8.7% over 10 years.
  • What is FELE gross margin?
    Franklin Electric Co. Inc.'s gross profit was $801.10M on $2.26B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 35.4%.
  • What is FELE free cash flow?
    Franklin Electric Co. Inc. generated $193.49M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $243.39M less capital expenditures.
  • What is FELE earnings per share?
    Diluted earnings per share were $4.45 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did FELE last report financial results?
    The latest statements here come from Franklin Electric Co. Inc.'s 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.
  • Where does this FELE financial data come from?
    Quantisnow builds these statements from the structured XBRL data Franklin Electric Co. Inc. files with the SEC. It is provided for information only and is not investment advice.