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Franklin Electric Co., Inc.

Franklin Electric Co., Inc.

NASDAQ•FELE
CEO: Mr. Gregg C. Sengstack CPA
Sector: Industrials
Industry: Industrial - Machinery
Listing Date: 1980-03-17
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. The company operates through Water Systems, Fueling Systems, and Distribution segments. The Water Systems segment offers submersible motors, drives, pumps, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.
Contact Information
9255 Coverdale Road, Fort Wayne, IN, 46809, United States
260-824-2900
www.franklin-electric.com
Market Cap
$4.14B
P/E (TTM)
29.8
25.3
Dividend Yield
1.1%
52W High
$111.94
52W Low
$78.87
52W Range
43%
5.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$581.71M+9.46%
4-Quarter Trend

EPS

$0.37-68.91%
4-Quarter Trend

FCF

$91.29M-14.39%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Sales Increased 6% Nine months net sales reached $1.62B, up 6% versus prior year, driven by volume, price, and acquisitions.
Gross Profit Margin Stable Nine months gross profit margin remained consistent at 36.0% for both 2025 and 2024 periods reported.
Acquisitions Boost Sales Barnes and PumpEng contributed $37.2M incremental net sales during the first nine months of 2025.
Strong Liquidity Maintained Company maintains adequate capital resources; $277.3M available capacity under the primary credit agreement.

Risk Factors

Pension Settlement Loss Q3 2025 incurred a significant $55.3M pre-tax charge related to the Franklin Electric Pension Plan settlement.
Foreign Exchange Expense Rises Foreign exchange resulted in $8.5M expense YTD 2025, reversing the $5.2M gain recorded in 2024.
Increased Investing Cash Use Investing cash outflow increased to $(137.1M) YTD 2025, primarily due to recent strategic acquisitions spending.
Trade Policy Creates Uncertainty Ongoing uncertainty regarding tariffs and trade policy implementation poses potential material risks to business performance.

Outlook

Credit Facility Maturity Extended Primary credit facility commitment remains $350.0M, extended maturity date to May 14, 2030 for stability.
Acquisition Valuations Pending Final fair value assessments for Barnes and PumpEng acquisitions are expected to be completed within one year.
Capital Needs Covered Management expects ongoing requirements, capital expenditures, and dividends will be funded by cash flow and credit.
Share Repurchase Capacity Board authorized additional repurchases; $1.127B maximum shares remain available for stock buybacks currently.

Peer Comparison

Revenue (TTM)

Landstar System, Inc.LSTR
$4.78B
-0.7%
MSC Industrial Direct Co., Inc.MSM
$3.77B
-1.3%
Franklin Electric Co., Inc.FELE
$2.11B
+5.1%

Gross Margin (Latest Quarter)

MDU Resources Group, Inc.MDU
67.7%
+50.1 pp
Kadant Inc.KAI
45.2%
+0.5 pp
Enpro Inc.NPO
41.9%
-0.3 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
MSM$4.83B24.214.5%21.9%
AGX$4.79B41.232.6%0.3%
NPO$4.42B51.35.9%18.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+6.2%
Steady Growth
4Q Net Income CAGR
-20.8%
Declining Profitability
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 30, 2025|
    Revenue: $581.71M+9.5%
    |
    EPS: $0.37-68.9%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 31, 2025|
    Revenue: $587.43M+8.1%
    |
    EPS: $1.32+3.1%
    Meet
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 1, 2025|
    Revenue: $455.25M-1.2%
    |
    EPS: $0.68-4.2%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 21, 2025|
    Revenue: $2.02B-2.1%
    |
    EPS: $3.92-6.0%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 31, 2024|
    Revenue: $531.44M-1.3%
    |
    EPS: $1.19-4.8%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 26, 2024|
    Revenue: $543.26M-4.6%
    |
    EPS: $1.28-0.8%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: Apr 30, 2024|
    Revenue: $460.90M-4.9%
    |
    EPS: $0.71-12.3%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 23, 2024|
    Revenue: $2.07B+1.0%
    |
    EPS: $4.17+3.5%
    Beat