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FELE

Franklin Electric Co., Inc.

FELE

Franklin Electric Co., Inc. • NASDAQ
$95.15 ▼ -1.05% (-1.01)
Market Cap $4.24 B
52w High $110.42
52w Low $78.87
Dividend Yield 1.06%
P/E 30.99
Volume 143.75K
Outstanding Shares 44.51M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $581.714M ▼ $123.586M ▼ $16.738M ▼ 2.877% ▼ $0.37 ▼ $43.084M ▼
Q2-2025 $587.434M ▲ $123.685M ▲ $60.14M ▲ 10.238% ▲ $1.32 ▲ $99.199M ▲
Q1-2025 $455.247M ▼ $119.802M ▼ $30.962M ▼ 6.801% ▼ $0.68 ▼ $58.084M ▲
Q4-2024 $485.745M ▼ $121.206M ▲ $33.655M ▼ 6.929% ▼ $0.73 ▼ $56.322M ▼
Q3-2024 $531.438M $116.137M $54.596M 10.273% $1.19 $87.568M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $102.927M ▼ $1.997B ▼ $675.974M ▼ $1.318B ▲
Q2-2025 $104.592M ▲ $2.018B ▲ $752.85M ▲ $1.265B ▼
Q1-2025 $83.994M ▼ $1.929B ▲ $627.577M ▲ $1.3B ▲
Q4-2024 $220.54M ▲ $1.821B ▲ $550.772M ▲ $1.266B ▼
Q3-2024 $106.273M $1.807B $533.358M $1.27B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $17.204M ▼ $102.69M ▲ $-9.796M ▲ $-90.049M ▼ $-1.665M ▼ $91.285M ▲
Q2-2025 $60.563M ▲ $51.465M ▲ $-11.204M ▲ $-19.554M ▼ $20.598M ▲ $39.886M ▲
Q1-2025 $31.374M ▼ $-19.468M ▼ $-116.117M ▼ $-2.558M ▼ $-136.546M ▼ $-26.304M ▼
Q4-2024 $34.292M ▼ $110.267M ▼ $-16.321M ▼ $25.918M ▲ $114.267M ▲ $97.482M ▼
Q3-2024 $55.326M $116.083M $-9.15M $-61.249M $48.169M $106.631M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Consolidated
Consolidated
 $0 ▲$460.00M ▲$590.00M ▲$580.00M ▼
Distribution
Distribution
 $160.00M ▲$140.00M ▼$200.00M ▲$200.00M ▲
Energy Systems
Energy Systems
 $0 ▲$10.00M ▲$80.00M ▲$80.00M ▲
Water Systems
Water Systems
 $280.00M ▲$20.00M ▼$340.00M ▲$340.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown meaningfully over the five‑year period but has essentially flattened in the last three years, which suggests the company has moved from a rapid growth phase into a more mature, steady state. Profitability looks solid and relatively consistent: gross margins and operating margins have held up even as sales have leveled off, indicating decent pricing power and cost control. Earnings per share climbed strongly coming out of 2020 and then eased back slightly from their peak, which points to healthy but not accelerating profit momentum. Overall, this is a profitable industrial business with stable margins, but recent years show more of a “holding ground” story than clear top‑line acceleration.

Balance Sheet

Balance Sheet The balance sheet appears healthy and conservatively structured. Total assets and shareholder equity have climbed steadily, showing that the company is building its asset base and retaining value over time. Debt levels are moderate relative to equity, and while borrowings rose partway through the period, they remain well below what would typically be considered aggressive for an industrial manufacturer. Cash on hand dipped to low levels in the middle of the period but has since been rebuilt to a more comfortable cushion, which improves financial flexibility. In general, the company looks well capitalized with room to absorb industry cycles and keep investing in its business.

Cash Flow

Cash Flow Cash generation has been consistently positive, though not perfectly smooth year to year. Operating cash flow was somewhat light versus earnings in one of the middle years, which can flag working capital swings or timing issues, but it strengthened meaningfully afterward, showing the underlying business still converts profits into cash. Free cash flow has remained positive throughout, even after funding regular capital spending, and capital investment levels have been steady and manageable. This points to a business that does not require heavy, unpredictable spending to sustain operations and has the capacity to support growth initiatives, dividends, or debt reduction when management chooses.

Competitive Edge

Competitive Edge Franklin Electric sits in specialized niches around moving and managing water and fuel, where reliability, efficiency, and system integration really matter. Its long history, strong brand in submersible motors and pumps, and reputation for dependable products give it a durable foothold with installers, engineers, and end users. The company’s ability to offer complete systems—motors, pumps, drives, controls, and monitoring—creates switching costs and convenience that many component‑only competitors cannot easily match. A broad global distribution network and targeted acquisitions in regions like Latin America and Australia further reinforce scale and reach. Risks include exposure to cyclical construction, infrastructure, and energy spending, as well as ongoing competition from both global industrial players and lower‑cost regional manufacturers, but the overall moat looks solid for a mid‑sized industrial firm.

Innovation and R&D

Innovation and R&D Innovation is a clear strength. Franklin Electric has evolved from submersible motors into increasingly “smart” and energy‑efficient systems for both water and fuel applications. On the water side, high‑efficiency and permanent‑magnet motors, advanced variable frequency drives, integrated pressure‑boosting packages, and specialized pumps for oil, gas, wastewater, and mining show a focus on performance and total cost of ownership. On the fueling side, the EVO management platform, remote monitoring, advanced leak detection, corrosion control, and variable‑speed pumps highlight a strong push into connected, software‑enabled solutions. The company also leverages mobile apps and IoT to make installation, monitoring, and service easier. Continued emphasis on energy efficiency, smart controls, and selective technology‑driven acquisitions suggests its product portfolio can keep moving up the value chain, although it must stay ahead of competitors also investing in digital and efficient pumping technologies.

Summary

Franklin Electric combines a stable, profitable industrial core with a clear innovation story in water and fuel systems. Financially, the picture is one of steady growth over the longer term, flattening revenue more recently, consistent margins, and a solid balance sheet with moderate debt and improving cash reserves. Cash flows are generally reliable and sufficient to fund ongoing investments without stretching the company’s finances. Competitively, Franklin Electric benefits from a long track record, integrated system offerings, and a growing suite of smart, efficient products that create stickier customer relationships. The main watchpoints are revenue growth that has plateaued in the near term, exposure to economic and infrastructure cycles, and the need to keep its technology edge in an increasingly digital, efficiency‑driven market. Overall, it looks like a financially disciplined industrial business with a meaningful technological and systems‑integration angle rather than a pure commodity manufacturer.

NEWS

October 14, 2025 · 8:00 AM UTC

Franklin Electric Schedules Its Third Quarter 2025 Earnings Release and Conference Call

Read more