Franklin Electric (FELE) Financials

$89.45 +2.23 (+2.56%)

Closing price 04:00 PM Eastern

Extended Trading

$88.47 -0.98 (-1.09%)

As of 04:04 PM Eastern

Annual Income Statements for Franklin Electric

This table shows Franklin Electric's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	1/2/2016	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	73	79	78	106	95	100	154	187	193	180
Consolidated Net Income / (Loss)	74	79	79	106	96	101	155	189	195	182
Net Income / (Loss) Continuing Operations	74	79	79	106	96	101	155	189	195	182
Total Pre-Tax Income	86	104	105	120	117	124	190	235	242	232
Total Operating Income	90	112	107	132	127	131	189	257	262	244
Total Gross Profit	298	331	377	432	428	433	576	691	697	717
Total Revenue	925	950	1,125	1,298	1,315	1,247	1,662	2,044	2,065	2,021
Operating Revenue	925	950	1,125	1,298	1,315	1,247	1,662	2,044	2,065	2,021
Total Cost of Revenue	627	618	748	866	886	814	1,086	1,352	1,368	1,304
Operating Cost of Revenue	627	618	748	866	886	814	1,086	1,352	1,368	1,304
Total Operating Expenses	207	219	270	300	301	303	387	434	435	474
Selling, General & Admin Expense	204	220	265	299	298	300	386	432	433	470
Restructuring Charge	3.00	-0.60	4.31	1.67	2.52	2.51	0.62	2.17	1.09	3.50
Total Other Income / (Expense), net	-4.05	-7.96	-2.64	-12	-10	-6.81	0.51	-22	-20	-12
Interest Expense	10	8.73	10	9.84	8.25	4.63	5.20	12	12	6.32
Other Income / (Expense), net	5.99	0.78	7.68	-1.75	-2.05	-2.19	5.71	-10	-8.43	-5.48
Income Tax Expense	13	25	26	15	21	23	35	46	47	50
Net Income / (Loss) Attributable to Noncontrolling Interest	0.75	0.57	0.41	-0.36	0.52	0.70	1.12	1.48	1.46	1.30
Basic Earnings per Share	$1.52	$1.67	$1.67	$2.25	$2.04	$2.16	$3.29	$4.02	$4.17	$3.92
Weighted Average Basic Shares Outstanding	47.10M	46.20M	46.50M	46.60M	46.39M	46.23M	46.48M	46.18M	46.04M	45.72M
Diluted Earnings per Share	$1.50	$1.65	$1.65	$2.23	$2.03	$2.14	$3.25	$3.97	$4.11	$3.86
Weighted Average Diluted Shares Outstanding	47.10M	46.20M	46.50M	46.60M	46.39M	46.23M	46.48M	46.18M	46.04M	45.72M
Weighted Average Basic & Diluted Shares Outstanding	47.10M	46.20M	46.50M	46.60M	46.39M	46.23M	46.48M	46.18M	46.04M	45.72M

This table shows Franklin Electric's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	59	40	37	60	58	39	33	59	55	34	31
Consolidated Net Income / (Loss)	59	40	38	60	58	39	33	59	55	34	31
Net Income / (Loss) Continuing Operations	59	40	38	60	58	39	33	59	55	34	31
Total Pre-Tax Income	72	49	48	74	73	47	42	77	72	41	42
Total Operating Income	80	56	53	81	78	51	48	79	74	43	44
Total Gross Profit	191	166	162	188	186	160	164	200	190	164	164
Total Revenue	552	489	485	569	538	473	461	543	531	486	455
Operating Revenue	552	489	485	569	538	473	461	543	531	486	455
Total Cost of Revenue	361	323	322	381	352	313	297	343	342	322	291
Operating Cost of Revenue	361	323	322	381	352	313	297	343	342	322	291
Total Operating Expenses	111	110	110	108	108	109	116	121	116	121	120
Selling, General & Admin Expense	109	110	110	107	108	109	116	121	116	118	120
Restructuring Charge	1.19	0.27	0.12	0.15	0.46	0.36	0.00	0.00	0.14	3.36	0.16
Total Other Income / (Expense), net	-7.69	-7.39	-4.78	-6.57	-5.19	-3.68	-5.62	-2.23	-1.65	-2.30	-2.25
Interest Expense	3.07	4.03	3.15	4.18	2.98	1.48	1.45	1.98	1.56	1.34	1.80
Other Income / (Expense), net	-4.63	-3.36	-1.64	-2.39	-2.21	-2.20	-4.17	-0.25	-0.09	-0.96	-0.45
Income Tax Expense	13	8.87	10	14	15	8.32	9.22	18	17	6.44	10
Net Income / (Loss) Attributable to Noncontrolling Interest	0.35	0.38	0.25	0.56	0.37	0.28	0.13	0.23	0.30	0.64	0.41
Basic Earnings per Share	$1.26	$0.85	$0.81	$1.29	$1.25	$0.82	$0.71	$1.28	$1.19	$0.74	$0.67
Weighted Average Basic Shares Outstanding	46.32M	46.18M	46.19M	46.26M	46.13M	46.04M	46.08M	45.67M	45.69M	45.72M	45.60M
Diluted Earnings per Share	$1.24	$0.84	$0.79	$1.27	$1.23	$0.82	$0.70	$1.26	$1.17	$0.73	$0.67
Weighted Average Diluted Shares Outstanding	46.32M	46.18M	46.19M	46.26M	46.13M	46.04M	46.08M	45.67M	45.69M	45.72M	45.60M
Weighted Average Basic & Diluted Shares Outstanding	46.32M	46.18M	46.19M	46.26M	46.13M	46.04M	46.08M	45.67M	45.69M	45.72M	45.60M
Cash Dividends to Common per Share	$0.20	-	$0.23	$0.23	$0.23	-	$0.25	$0.25	$0.25	-	$0.27

This table details how cash moves in and out of Franklin Electric's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	1/2/2016	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	22	23	-37	-8.06	5.23	66	-90	5.25	39	136
Net Cash From Operating Activities	100	115	67	128	178	212	130	102	316	261
Net Cash From Continuing Operating Activities	100	115	67	128	178	212	130	102	316	261
Net Income / (Loss) Continuing Operations	74	79	79	106	96	101	155	189	195	182
Consolidated Net Income / (Loss)	74	79	79	106	96	101	155	189	195	182
Depreciation Expense	35	36	39	39	37	36	45	50	52	56
Non-Cash Adjustments To Reconcile Net Income	4.38	6.58	2.49	9.47	11	24	21	19	22	19
Changes in Operating Assets and Liabilities, net	-14	-6.06	-53	-25	33	50	-91	-157	47	4.98
Net Cash From Investing Activities	-30	-34	-85	-66	-42	-79	-265	-43	-74	-46
Net Cash From Continuing Investing Activities	-30	-34	-85	-66	-42	-79	-265	-43	-74	-46
Purchase of Property, Plant & Equipment	-26	-39	-33	-22	-22	-23	-30	-42	-41	-42
Acquisitions	-3.89	-1.01	-52	-45	-21	-56	-236	-1.19	-35	-5.20
Sale of Property, Plant & Equipment	0.20	6.03	0.21	0.72	0.87	0.03	0.98	0.01	1.49	1.18
Other Investing Activities, net	0.27	0.35	0.36	0.39	0.01	-0.07	0.03	0.01	0.46	0.07
Net Cash From Financing Activities	-41	-52	-23	-67	-127	-67	51	-48	-192	-74
Net Cash From Continuing Financing Activities	-41	-52	-23	-67	-127	-67	51	-48	-192	-74
Repayment of Debt	-190	-95	-191	-252	-355	-139	-227	-449	-559	-281
Repurchase of Common Equity	-49	-7.42	-8.67	-34	-11	-20	-26	-40	-43	-61
Payment of Dividends	-39	-19	-20	-23	-28	-30	-33	-37	-42	-47
Issuance of Debt	233	65	193	233	264	118	321	478	443	310
Issuance of Common Equity	2.05	5.24	4.50	9.00	3.19	3.72	16	3.86	9.19	7.20
Other Financing Activities, net	0.93	-	-	-	-	0.00	0.00	-3.79	-0.80	-2.59
Effect of Exchange Rate Changes	-6.45	-7.13	3.43	-3.42	-3.99	-0.08	-6.10	-4.87	-10	-6.08
Cash Interest Paid	10	8.97	9.37	11	8.39	4.70	5.19	11	12	6.42
Cash Income Taxes Paid	14	22	26	27	17	24	37	48	55	58

This table details how cash moves in and out of Franklin Electric's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	6.30	6.27	6.08	1.35	9.28	22	-20	-7.21	48	114	-137
Net Cash From Operating Activities	70	95	-12	55	156	117	-1.36	36	116	110	-19
Net Cash From Continuing Operating Activities	70	95	-12	55	156	117	-1.36	36	116	110	-19
Net Income / (Loss) Continuing Operations	59	40	38	60	58	39	33	59	55	34	31
Consolidated Net Income / (Loss)	59	40	38	60	58	39	33	59	55	34	31
Depreciation Expense	13	13	13	13	13	13	14	14	14	14	14
Non-Cash Adjustments To Reconcile Net Income	6.36	5.18	6.06	6.14	4.66	5.12	8.78	3.28	18	-11	6.05
Changes in Operating Assets and Liabilities, net	-8.18	36	-68	-25	79	60	-57	-40	29	73	-71
Net Cash From Investing Activities	-9.44	-12	-15	-12	-9.89	-38	-10	-9.94	-9.15	-16	-116
Net Cash From Continuing Investing Activities	-9.44	-12	-15	-12	-9.89	-38	-10	-9.94	-9.15	-16	-116
Purchase of Property, Plant & Equipment	-9.24	-13	-9.56	-11	-9.91	-11	-9.18	-10	-9.45	-13	-6.84
Acquisitions	-0.21	0.39	-4.99	-1.65	-	-28	-1.15	-	-	-4.05	-110
Sale of Property, Plant & Equipment	-	-	0.00	-	-	1.49	0.10	0.32	0.29	0.48	0.40
Other Investing Activities, net	0.02	-	0.00	0.00	0.02	0.44	0.02	0.00	0.02	0.04	0.01
Net Cash From Financing Activities	-50	-78	33	-39	-135	-52	-6.34	-32	-61	26	-2.56
Net Cash From Continuing Financing Activities	-50	-78	33	-39	-135	-52	-6.34	-32	-61	26	-2.56
Repayment of Debt	-135	-98	-84	-179	-207	-89	-74	-122	-84	-0.50	-16
Repurchase of Common Equity	-0.09	-9.76	-17	-8.41	-4.35	-13	-9.05	-39	-9.09	-4.05	-6.90
Payment of Dividends	-9.09	-9.70	-10	-10	-10	-10	-12	-12	-11	-11	-13
Issuance of Debt	93	43	142	153	87	61	86	140	43	42	37
Issuance of Common Equity	1.67	0.28	2.94	6.07	-	0.18	4.05	0.25	0.97	1.94	1.44
Other Financing Activities, net	-	-3.79	0.00	-0.19	-0.26	-0.35	-0.35	-	-	-2.24	-4.30
Effect of Exchange Rate Changes	-3.87	1.65	-0.44	-2.85	-1.56	-5.21	-1.73	-1.24	2.49	-5.60	1.60

This table presents Franklin Electric's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	1/2/2016	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	996	1,040	1,185	1,182	1,195	1,272	1,575	1,694	1,728	1,821
Total Current Assets	438	484	589	580	567	619	725	858	854	964
Cash & Equivalents	82	104	67	59	64	131	41	46	85	221
Accounts Receivable	127	146	171	173	173	160	196	230	219	223
Inventories, net	195	203	312	314	300	301	450	545	509	484
Other Current Assets	35	30	39	34	29	28	38	37	38	33
Plant, Property, & Equipment, net	190	196	216	207	201	209	211	215	230	224
Plant, Property & Equipment, gross	411	430	486	486	492	521	535	557	600	604
Accumulated Depreciation	221	234	270	279	290	312	325	342	370	380
Total Noncurrent Assets	368	360	381	395	426	444	640	621	645	633
Goodwill	200	200	237	249	256	267	330	328	342	339
Intangible Assets	141	135	131	135	131	134	250	231	230	213
Noncurrent Deferred & Refundable Income Taxes	3.46	4.62	8.93	8.69	9.17	8.82	7.68	6.78	8.76	8.21
Other Noncurrent Operating Assets	22	21	3.32	2.93	30	35	53	55	63	73
Total Liabilities & Shareholders' Equity	996	1,040	1,185	1,182	1,195	1,272	1,575	1,694	1,728	1,821
Total Liabilities	430	417	481	446	396	423	627	623	518	551
Total Current Liabilities	145	158	246	256	186	204	396	406	287	434
Short-Term Debt	33	34	100	112	22	2.55	98	127	12	118
Accounts Payable	58	64	79	77	83	96	165	139	152	157
Accrued Expenses	52	57	64	65	68	89	115	121	100	120
Current Deferred & Payable Income Tax Liabilities	1.79	3.27	2.21	2.42	3.01	5.11	2.55	3.23	4.70	20
Other Current Liabilities	-	-	-	0.00	9.84	11	15	16	17	19
Total Noncurrent Liabilities	285	259	235	190	211	219	231	218	231	117
Long-Term Debt	188	157	126	94	93	92	91	89	88	12
Noncurrent Deferred & Payable Income Tax Liabilities	33	40	48	40	40	38	40	38	34	10
Noncurrent Employee Benefit Liabilities	47	45	42	38	38	44	41	32	36	30
Other Noncurrent Operating Liabilities	17	17	19	18	40	45	60	58	72	65
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	6.86	7.65	1.50	0.52	-0.24	-0.25	-0.02	0.62	1.15	1.22
Total Equity & Noncontrolling Interests	559	615	703	736	799	850	949	1,070	1,209	1,269
Total Preferred & Common Equity	558	613	701	734	797	848	947	1,068	1,207	1,266
Total Common Equity	558	613	701	734	797	848	947	1,068	1,207	1,266
Common Stock	221	233	245	262	274	288	315	330	349	369
Retained Earnings	498	550	605	655	712	765	860	969	1,079	1,152
Accumulated Other Comprehensive Income / (Loss)	-162	-170	-149	-183	-190	-205	-229	-231	-221	-254
Noncontrolling Interest	1.77	1.64	1.96	1.96	2.12	2.12	2.16	2.28	2.43	2.51

This table presents Franklin Electric's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	1,715	1,803	1,803	1,725	1,773	1,784	1,807	1,929
Total Current Assets	888	968	966	899	901	919	942	957
Cash & Equivalents	40	52	53	63	65	58	106	84
Accounts Receivable	252	277	299	252	263	299	272	272
Inventories, net	558	601	575	544	532	525	525	560
Other Current Assets	39	39	39	41	41	36	40	41
Plant, Property, & Equipment, net	208	221	224	222	227	224	226	237
Plant, Property & Equipment, gross	535	573	585	582	599	600	612	629
Accumulated Depreciation	327	353	361	359	372	376	386	392
Total Noncurrent Assets	620	615	612	603	645	641	639	735
Goodwill	324	329	330	329	340	340	341	392
Intangible Assets	234	227	224	219	227	221	217	261
Noncurrent Deferred & Refundable Income Taxes	7.07	6.73	7.14	6.78	9.73	9.73	9.56	7.63
Other Noncurrent Operating Assets	54	51	51	49	68	71	71	76
Total Liabilities & Shareholders' Equity	1,715	1,803	1,803	1,725	1,773	1,784	1,807	1,929
Total Liabilities	687	708	653	542	549	558	533	628
Total Current Liabilities	462	487	433	328	316	346	393	484
Short-Term Debt	180	185	160	40	24	42	76	150
Accounts Payable	154	188	161	171	186	176	174	190
Accrued Expenses	110	89	95	99	76	104	116	98
Current Deferred & Payable Income Tax Liabilities	2.85	9.73	2.87	4.23	12	5.39	9.07	27
Other Current Liabilities	15	15	14	13	18	18	18	19
Total Noncurrent Liabilities	225	221	220	214	233	212	140	144
Long-Term Debt	89	89	89	88	87	87	12	15
Noncurrent Deferred & Payable Income Tax Liabilities	41	40	37	37	34	30	31	33
Noncurrent Employee Benefit Liabilities	37	32	33	32	36	30	31	30
Other Noncurrent Operating Liabilities	58	60	61	57	75	66	67	66
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	0.46	0.63	0.90	1.04	1.11	1.13	1.18	1.37
Total Equity & Noncontrolling Interests	1,028	1,095	1,150	1,183	1,223	1,225	1,273	1,300
Total Preferred & Common Equity	1,025	1,092	1,147	1,180	1,220	1,222	1,270	1,297
Total Common Equity	1,025	1,092	1,147	1,180	1,220	1,222	1,270	1,297
Common Stock	328	337	345	347	357	361	365	375
Retained Earnings	950	980	1,021	1,063	1,091	1,099	1,134	1,163
Accumulated Other Comprehensive Income / (Loss)	-252	-225	-220	-230	-228	-238	-229	-241
Noncontrolling Interest	2.54	2.54	2.84	2.18	2.55	2.73	3.06	2.68

This table displays calculated financial ratios and metrics derived from Franklin Electric's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	1/2/2016	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-11.73%	2.70%	18.43%	15.40%	1.27%	-5.12%	33.23%	22.98%	1.05%	-2.12%
EBITDA Growth	-4.23%	12.55%	3.39%	10.06%	-4.02%	1.70%	45.30%	24.07%	3.08%	-3.93%
EBIT Growth	-4.07%	17.11%	1.83%	13.35%	-3.97%	2.59%	51.88%	26.60%	2.94%	-6.24%
NOPAT Growth	-2.42%	10.67%	-5.62%	43.55%	-9.69%	2.17%	44.81%	33.57%	2.20%	-9.54%
Net Income Growth	4.01%	7.63%	-0.91%	34.26%	-9.02%	5.37%	53.20%	21.83%	3.14%	-6.74%
EPS Growth	6.38%	10.00%	0.00%	35.15%	-8.97%	5.42%	51.87%	22.15%	3.53%	-6.08%
Operating Cash Flow Growth	110.36%	15.83%	-42.14%	92.40%	38.34%	19.24%	-38.75%	-21.65%	210.51%	-17.22%
Free Cash Flow Firm Growth	627.78%	-17.15%	-191.42%	229.03%	46.12%	2.45%	-190.37%	148.25%	270.27%	3.47%
Invested Capital Growth	-2.78%	0.68%	21.77%	2.39%	-3.90%	-4.19%	34.81%	13.16%	-1.52%	-3.84%
Revenue Q/Q Growth	-3.60%	2.18%	4.52%	2.24%	0.26%	0.08%	7.19%	2.86%	-0.79%	0.64%
EBITDA Q/Q Growth	18.78%	0.27%	0.45%	4.30%	-3.76%	5.74%	10.09%	0.45%	-1.56%	-1.67%
EBIT Q/Q Growth	28.88%	0.26%	-0.54%	6.05%	-4.56%	7.22%	11.25%	-0.07%	-1.64%	-2.68%
NOPAT Q/Q Growth	18.06%	4.23%	-13.80%	16.77%	-0.14%	4.15%	5.83%	4.32%	-1.90%	-2.85%
Net Income Q/Q Growth	21.59%	1.99%	-11.22%	18.49%	-4.33%	7.44%	9.94%	-0.55%	-0.58%	-2.44%
EPS Q/Q Growth	16.28%	2.48%	-11.29%	18.62%	-4.25%	7.54%	9.43%	-0.25%	-0.48%	-2.28%
Operating Cash Flow Q/Q Growth	-4.42%	4.76%	-21.35%	47.95%	12.28%	-4.21%	-24.58%	136.34%	7.70%	-2.54%
Free Cash Flow Firm Q/Q Growth	-28.70%	36.03%	-97.68%	64.24%	21.31%	-33.29%	-18.71%	572.07%	3.04%	24.92%
Invested Capital Q/Q Growth	-2.00%	-4.36%	-1.00%	-3.21%	-5.97%	2.70%	4.80%	-1.31%	-2.19%	-6.40%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	32.18%	34.89%	33.51%	33.31%	32.57%	34.73%	34.67%	33.83%	33.75%	35.49%
EBITDA Margin	14.25%	15.62%	13.64%	13.01%	12.33%	13.21%	14.41%	14.54%	14.83%	14.56%
Operating Margin	9.77%	11.80%	9.53%	10.17%	9.67%	10.46%	11.38%	12.58%	12.71%	12.05%
EBIT Margin	10.42%	11.88%	10.22%	10.03%	9.51%	10.29%	11.73%	12.07%	12.30%	11.78%
Profit (Net Income) Margin	7.97%	8.35%	6.99%	8.13%	7.30%	8.11%	9.33%	9.24%	9.43%	8.98%
Tax Burden Percent	85.37%	76.18%	75.15%	87.63%	82.17%	81.78%	81.69%	80.27%	80.39%	78.33%
Interest Burden Percent	89.58%	92.26%	91.02%	92.45%	93.41%	96.39%	97.33%	95.33%	95.36%	97.35%
Effective Tax Rate	14.63%	23.82%	24.85%	12.37%	17.83%	18.22%	18.31%	19.73%	19.61%	21.67%
Return on Invested Capital (ROIC)	10.80%	12.09%	10.25%	13.25%	12.06%	12.84%	16.18%	17.66%	17.13%	15.92%
ROIC Less NNEP Spread (ROIC-NNEP)	8.11%	6.66%	8.63%	6.61%	3.50%	-64.85%	16.93%	6.58%	-0.72%	38.25%
Return on Net Nonoperating Assets (RNNOA)	1.77%	1.25%	1.59%	1.40%	0.45%	-0.56%	1.05%	1.04%	-0.06%	-1.28%
Return on Equity (ROE)	12.58%	13.34%	11.85%	14.65%	12.51%	12.28%	17.24%	18.70%	17.07%	14.65%
Cash Return on Invested Capital (CROIC)	13.63%	11.41%	-9.38%	10.89%	16.04%	17.12%	-13.47%	5.31%	18.66%	19.84%
Operating Return on Assets (OROA)	9.30%	11.08%	10.33%	11.00%	10.52%	10.40%	13.69%	15.09%	14.84%	13.42%
Return on Assets (ROA)	7.11%	7.79%	7.06%	8.91%	8.08%	8.20%	10.89%	11.55%	11.38%	10.24%
Return on Common Equity (ROCE)	12.39%	13.14%	11.73%	14.59%	12.47%	12.25%	17.20%	18.65%	17.03%	14.60%
Return on Equity Simple (ROE_SIMPLE)	13.21%	12.93%	11.22%	14.38%	12.05%	11.93%	16.37%	17.68%	16.14%	14.34%
Net Operating Profit after Tax (NOPAT)	77	85	81	116	104	107	155	206	211	191
NOPAT Margin	8.34%	8.99%	7.16%	8.91%	7.95%	8.56%	9.30%	10.10%	10.22%	9.44%
Net Nonoperating Expense Percent (NNEP)	2.70%	5.42%	1.62%	6.64%	8.56%	77.69%	-0.75%	11.08%	17.85%	-22.32%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	16.05%	16.11%	13.65%
Cost of Revenue to Revenue	67.82%	65.11%	66.49%	66.69%	67.43%	65.27%	65.33%	66.17%	66.25%	64.51%
SG&A Expenses to Revenue	22.08%	23.15%	23.60%	23.01%	22.70%	24.06%	23.24%	21.14%	20.99%	23.26%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	22.41%	23.09%	23.98%	23.14%	22.89%	24.26%	23.28%	21.25%	21.04%	23.43%
Earnings before Interest and Taxes (EBIT)	96	113	115	130	125	128	195	247	254	238
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	132	148	153	169	162	165	239	297	306	294
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.05	2.71	2.85	2.58	3.19	3.64	4.52	3.38	3.65	3.51
Price to Tangible Book Value (P/TBV)	5.29	5.96	6.01	5.40	6.20	6.90	11.64	7.10	6.94	6.21
Price to Revenue (P/Rev)	1.24	1.75	1.78	1.46	1.93	2.47	2.57	1.77	2.13	2.20
Price to Earnings (P/E)	15.69	21.14	25.55	17.86	26.57	30.72	27.78	19.29	22.78	24.63
Dividend Yield	1.55%	1.11%	0.99%	1.16%	1.06%	0.93%	0.76%	1.00%	0.94%	1.03%
Earnings Yield	6.37%	4.73%	3.91%	5.60%	3.76%	3.25%	3.60%	5.19%	4.39%	4.06%
Enterprise Value to Invested Capital (EV/IC)	1.84	2.48	2.50	2.31	3.05	3.75	4.03	3.05	3.62	3.70
Enterprise Value to Revenue (EV/Rev)	1.40	1.85	1.92	1.57	1.97	2.45	2.66	1.85	2.14	2.15
Enterprise Value to EBITDA (EV/EBITDA)	9.80	11.86	14.08	12.09	15.98	18.52	18.48	12.74	14.44	14.79
Enterprise Value to EBIT (EV/EBIT)	13.41	15.60	18.79	15.67	20.70	23.78	22.70	15.34	17.41	18.28
Enterprise Value to NOPAT (EV/NOPAT)	16.75	20.62	26.80	17.64	24.79	28.60	28.63	18.34	20.96	22.81
Enterprise Value to Operating Cash Flow (EV/OCF)	12.97	15.26	32.35	15.89	14.58	14.41	34.10	37.24	14.01	16.66
Enterprise Value to Free Cash Flow (EV/FCFF)	13.28	21.84	0.00	21.46	18.64	21.44	0.00	61.00	19.24	18.30
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.39	0.31	0.32	0.28	0.14	0.11	0.20	0.20	0.08	0.10
Long-Term Debt to Equity	0.33	0.25	0.18	0.13	0.12	0.11	0.10	0.08	0.07	0.01
Financial Leverage	0.22	0.19	0.18	0.21	0.13	0.01	0.06	0.16	0.08	-0.03
Leverage Ratio	1.77	1.71	1.68	1.64	1.55	1.50	1.58	1.62	1.50	1.43
Compound Leverage Factor	1.58	1.58	1.53	1.52	1.45	1.44	1.54	1.54	1.43	1.39
Debt to Total Capital	28.05%	23.40%	24.30%	21.89%	12.59%	10.01%	16.58%	16.79%	7.66%	9.25%
Short-Term Debt to Total Capital	4.19%	4.15%	10.80%	11.88%	2.40%	0.27%	8.62%	9.85%	0.94%	8.42%
Long-Term Debt to Total Capital	23.86%	19.26%	13.50%	10.01%	10.20%	9.74%	7.96%	6.94%	6.72%	0.83%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.10%	1.14%	0.37%	0.26%	0.21%	0.20%	0.19%	0.23%	0.27%	0.27%
Common Equity to Total Capital	70.86%	75.45%	75.33%	77.85%	87.20%	89.79%	83.23%	82.99%	92.07%	90.48%
Debt to EBITDA	1.67	1.28	1.47	1.22	0.71	0.57	0.79	0.73	0.33	0.44
Net Debt to EBITDA	1.06	0.58	1.04	0.87	0.31	-0.22	0.62	0.57	0.05	-0.31
Long-Term Debt to EBITDA	1.42	1.06	0.82	0.56	0.57	0.56	0.38	0.30	0.29	0.04
Debt to NOPAT	2.86	2.23	2.81	1.78	1.10	0.89	1.22	1.05	0.48	0.68
Net Debt to NOPAT	1.80	1.01	1.97	1.27	0.48	-0.34	0.96	0.82	0.07	-0.48
Long-Term Debt to NOPAT	2.43	1.83	1.56	0.82	0.89	0.86	0.59	0.43	0.42	0.06
Altman Z-Score	3.90	4.78	4.82	5.11	6.51	6.93	6.57	6.29	8.05	7.61
Noncontrolling Interest Sharing Ratio	1.47%	1.51%	0.96%	0.41%	0.28%	0.23%	0.22%	0.25%	0.28%	0.29%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.03	3.07	2.40	2.27	3.05	3.04	1.83	2.11	2.97	2.22
Quick Ratio	1.44	1.59	0.97	0.91	1.28	1.43	0.60	0.68	1.06	1.02
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	97	81	-74	95	139	142	-129	62	230	238
Operating Cash Flow to CapEx	383.55%	348.48%	200.63%	591.65%	846.52%	928.29%	445.35%	242.68%	790.84%	645.32%
Free Cash Flow to Firm to Interest Expense	9.69	9.23	-7.14	9.66	16.85	30.76	-24.76	5.39	19.49	37.63
Operating Cash Flow to Interest Expense	9.92	13.21	6.47	13.05	21.55	45.79	24.97	8.82	26.78	41.36
Operating Cash Flow Less CapEx to Interest Expense	7.33	9.42	3.24	10.85	19.00	40.85	19.37	5.19	23.39	34.95
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.89	0.93	1.01	1.10	1.11	1.01	1.17	1.25	1.21	1.14
Accounts Receivable Turnover	6.83	6.95	7.10	7.55	7.59	7.49	9.34	9.58	9.19	9.14
Inventory Turnover	3.02	3.11	2.90	2.76	2.89	2.71	2.89	2.72	2.60	2.63
Fixed Asset Turnover	4.63	4.92	5.46	6.14	6.44	6.08	7.92	9.60	9.28	8.92
Accounts Payable Turnover	9.75	10.16	10.44	11.10	11.13	9.12	8.33	8.90	9.38	8.43
Days Sales Outstanding (DSO)	53.48	52.50	51.43	48.35	48.07	48.74	39.09	38.09	39.70	39.92
Days Inventory Outstanding (DIO)	120.77	117.47	125.86	132.04	126.47	134.75	126.21	134.28	140.55	138.91
Days Payable Outstanding (DPO)	37.42	35.93	34.96	32.88	32.78	40.01	43.81	41.03	38.91	43.31
Cash Conversion Cycle (CCC)	136.83	134.04	142.33	147.50	141.75	143.49	121.50	131.34	141.34	135.51
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	704	709	863	884	849	813	1,097	1,241	1,222	1,175
Invested Capital Turnover	1.30	1.34	1.43	1.49	1.52	1.50	1.74	1.75	1.68	1.69
Increase / (Decrease) in Invested Capital	-20	4.77	154	21	-34	-36	283	144	-19	-47
Enterprise Value (EV)	1,292	1,760	2,160	2,041	2,590	3,052	4,425	3,786	4,422	4,353
Market Capitalization	1,145	1,665	1,997	1,891	2,537	3,087	4,274	3,613	4,403	4,441
Book Value per Share	$12.03	$13.25	$15.04	$15.70	$17.18	$18.35	$20.39	$23.05	$26.16	$27.71
Tangible Book Value per Share	$4.67	$6.03	$7.13	$7.49	$8.83	$9.68	$7.91	$10.98	$13.75	$15.64
Total Capital	787	813	930	943	913	944	1,137	1,287	1,311	1,399
Total Debt	221	190	226	206	115	95	189	216	100	129
Total Long-Term Debt	188	157	126	94	93	92	91	89	88	12
Net Debt	139	86	159	147	51	-36	148	170	15	-91
Capital Expenditures (CapEx)	26	33	33	22	21	23	29	42	40	41
Debt-free, Cash-free Net Working Capital (DFCFNWC)	245	255	376	377	339	287	386	533	494	428
Debt-free Net Working Capital (DFNWC)	326	360	444	436	404	418	427	579	579	648
Net Working Capital (NWC)	293	326	343	324	382	416	329	452	567	530
Net Nonoperating Expense (NNE)	3.45	6.06	1.98	10	8.46	5.57	-0.42	18	16	9.24
Net Nonoperating Obligations (NNO)	138	86	159	147	51	-36	148	170	12	-95
Total Depreciation and Amortization (D&A)	35	36	39	39	37	36	45	50	52	56
Debt-free, Cash-free Net Working Capital to Revenue	26.47%	26.89%	33.46%	29.03%	25.80%	23.03%	23.23%	26.09%	23.93%	21.16%
Debt-free Net Working Capital to Revenue	35.29%	37.88%	39.44%	33.59%	30.70%	33.52%	25.67%	28.33%	28.04%	32.07%
Net Working Capital to Revenue	31.73%	34.33%	30.51%	24.96%	29.03%	33.32%	19.78%	22.13%	27.44%	26.24%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.52	$1.67	$1.67	$2.25	$2.04	$2.16	$3.29	$4.02	$4.17	$3.92
Adjusted Weighted Average Basic Shares Outstanding	46.11M	46.38M	46.63M	46.27M	46.39M	46.23M	46.48M	46.18M	46.04M	45.72M
Adjusted Diluted Earnings per Share	$1.50	$1.65	$1.65	$2.23	$2.03	$2.14	$3.25	$3.97	$4.11	$3.86
Adjusted Weighted Average Diluted Shares Outstanding	46.11M	46.38M	46.63M	46.27M	46.39M	46.23M	46.48M	46.18M	46.04M	45.72M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	46.11M	46.38M	46.63M	46.27M	46.39M	46.23M	46.48M	46.18M	46.04M	45.72M
Normalized Net Operating Profit after Tax (NOPAT)	80	85	84	117	107	109	155	208	212	194
Normalized NOPAT Margin	8.62%	8.94%	7.45%	9.02%	8.10%	8.72%	9.33%	10.19%	10.26%	9.58%
Pre Tax Income Margin	9.33%	10.96%	9.30%	9.28%	8.89%	9.92%	11.42%	11.51%	11.73%	11.47%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	9.60	12.92	11.13	13.24	15.17	27.73	37.51	21.41	21.54	37.69
NOPAT to Interest Expense	7.68	9.78	7.81	11.76	12.67	23.07	29.75	17.91	17.90	30.20
EBIT Less CapEx to Interest Expense	7.01	9.13	7.91	11.03	12.62	22.80	31.90	17.77	18.16	31.28
NOPAT Less CapEx to Interest Expense	5.10	5.99	4.58	9.55	10.12	18.13	24.14	14.28	14.51	23.79
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	53.09%	24.13%	25.82%	21.43%	28.82%	29.34%	21.55%	19.59%	21.43%	25.81%
Augmented Payout Ratio	119.02%	33.49%	36.84%	53.83%	40.52%	48.66%	38.29%	41.04%	43.68%	59.42%

This table displays calculated financial ratios and metrics derived from Franklin Electric's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	20.19%	13.16%	7.33%	3.27%	-2.40%	-3.36%	-4.88%	-4.55%	-1.30%	2.70%	-1.23%
EBITDA Growth	24.81%	2.04%	24.98%	0.00%	1.43%	-7.34%	-9.80%	0.94%	-1.85%	-8.14%	0.92%
EBIT Growth	29.48%	-0.33%	30.77%	-1.24%	0.64%	-8.00%	-14.14%	0.49%	-3.25%	-13.49%	-0.25%
NOPAT Growth	41.11%	22.87%	28.79%	3.58%	-4.50%	-9.02%	-9.30%	-6.76%	-9.88%	-13.45%	-11.81%
Net Income Growth	26.95%	-2.53%	24.76%	0.66%	-1.36%	-2.82%	-11.93%	-1.38%	-5.63%	-11.69%	-5.19%
EPS Growth	26.53%	-1.18%	25.40%	0.79%	-0.81%	-2.38%	-11.39%	-0.79%	-4.88%	-10.98%	-4.29%
Operating Cash Flow Growth	19.41%	163.56%	80.40%	4,575.20%	123.24%	23.88%	88.67%	-33.94%	-25.40%	-5.82%	-1,329.37%
Free Cash Flow Firm Growth	29.96%	59.97%	80.51%	92.68%	148.20%	161.71%	228.14%	1,034.42%	-28.74%	37.05%	-192.40%
Invested Capital Growth	20.17%	13.16%	8.87%	6.08%	-0.63%	-1.52%	-3.58%	-3.58%	0.49%	-3.84%	8.76%
Revenue Q/Q Growth	0.10%	-11.28%	-1.00%	17.47%	-5.40%	-12.16%	-2.55%	17.87%	-2.18%	-8.60%	-6.28%
EBITDA Q/Q Growth	-4.32%	-24.78%	-3.57%	44.08%	-2.95%	-31.28%	-6.13%	61.23%	-5.63%	-35.68%	3.13%
EBIT Q/Q Growth	-5.13%	-29.91%	-3.58%	54.03%	-3.33%	-35.92%	-10.02%	80.29%	-6.93%	-42.70%	3.75%
NOPAT Q/Q Growth	3.21%	-29.48%	-10.16%	58.41%	-4.84%	-32.82%	-10.44%	62.85%	-8.02%	-35.49%	-8.74%
Net Income Q/Q Growth	-1.32%	-32.24%	-5.96%	60.10%	-3.31%	-33.25%	-14.78%	79.29%	-7.48%	-37.53%	-8.51%
EPS Q/Q Growth	-1.59%	-32.26%	-5.95%	60.76%	-3.15%	-33.33%	-14.63%	80.00%	-7.14%	-37.61%	-8.22%
Operating Cash Flow Q/Q Growth	5,766.75%	35.60%	-112.72%	557.98%	182.68%	-24.76%	-101.16%	2,769.97%	219.22%	-5.01%	-117.66%
Free Cash Flow Firm Q/Q Growth	8.63%	32.54%	32.82%	82.31%	701.35%	-13.63%	48.26%	28.98%	-54.14%	66.12%	-194.04%
Invested Capital Q/Q Growth	-0.87%	-1.31%	6.19%	2.12%	-7.15%	-2.19%	3.66%	2.12%	-3.23%	-6.40%	17.59%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	34.55%	33.96%	33.49%	33.11%	34.59%	33.83%	35.49%	36.78%	35.69%	33.81%	36.00%
EBITDA Margin	15.95%	13.52%	13.17%	16.15%	16.57%	12.96%	12.49%	17.08%	16.48%	11.60%	12.76%
Operating Margin	14.51%	11.49%	10.86%	14.21%	14.51%	10.75%	10.40%	14.57%	13.84%	8.86%	9.69%
EBIT Margin	13.67%	10.80%	10.52%	13.79%	14.10%	10.28%	9.49%	14.52%	13.82%	8.66%	9.59%
Profit (Net Income) Margin	10.69%	8.16%	7.75%	10.57%	10.80%	8.21%	7.18%	10.92%	10.33%	7.06%	6.89%
Tax Burden Percent	81.51%	81.83%	78.57%	80.93%	79.78%	82.35%	78.21%	77.13%	76.37%	84.18%	74.96%
Interest Burden Percent	95.93%	92.37%	93.83%	94.68%	96.07%	96.95%	96.69%	97.50%	97.88%	96.82%	95.88%
Effective Tax Rate	18.49%	18.17%	21.43%	19.07%	20.22%	17.65%	21.79%	22.87%	23.63%	15.82%	25.04%
Return on Invested Capital (ROIC)	20.40%	16.44%	14.01%	18.44%	19.22%	14.84%	12.83%	17.14%	16.94%	12.58%	11.04%
ROIC Less NNEP Spread (ROIC-NNEP)	16.82%	12.63%	12.41%	16.20%	16.41%	11.51%	9.56%	15.85%	11.65%	17.25%	8.38%
Return on Net Nonoperating Assets (RNNOA)	3.01%	1.99%	2.82%	3.60%	2.19%	0.92%	1.11%	1.78%	0.23%	-0.58%	0.42%
Return on Equity (ROE)	23.41%	18.43%	16.84%	22.03%	21.41%	15.76%	13.94%	18.92%	17.17%	12.00%	11.46%
Cash Return on Invested Capital (CROIC)	-1.14%	5.31%	8.57%	10.78%	17.79%	18.66%	19.65%	18.98%	15.20%	19.84%	5.67%
Operating Return on Assets (OROA)	16.66%	13.50%	12.53%	16.26%	17.06%	12.41%	10.84%	16.32%	15.71%	9.87%	10.44%
Return on Assets (ROA)	13.03%	10.21%	9.24%	12.46%	13.07%	9.91%	8.20%	12.27%	11.75%	8.04%	7.50%
Return on Common Equity (ROCE)	23.34%	18.38%	16.79%	21.97%	21.35%	15.71%	13.90%	18.86%	17.12%	11.97%	11.42%
Return on Equity Simple (ROE_SIMPLE)	18.52%	0.00%	17.97%	17.15%	16.59%	0.00%	15.59%	15.50%	14.66%	0.00%	13.87%
Net Operating Profit after Tax (NOPAT)	65	46	41	65	62	42	37	61	56	36	33
NOPAT Margin	11.83%	9.40%	8.53%	11.50%	11.57%	8.85%	8.13%	11.24%	10.57%	7.46%	7.26%
Net Nonoperating Expense Percent (NNEP)	3.58%	3.80%	1.60%	2.24%	2.81%	3.32%	3.27%	1.29%	5.29%	-4.68%	2.65%
Return On Investment Capital (ROIC_SIMPLE)	-	3.58%	-	-	-	3.20%	-	-	-	2.59%	2.26%
Cost of Revenue to Revenue	65.45%	66.04%	66.51%	66.89%	65.41%	66.17%	64.51%	63.22%	64.31%	66.19%	64.00%
SG&A Expenses to Revenue	19.82%	22.42%	22.61%	18.87%	20.00%	23.01%	25.09%	22.21%	21.83%	24.26%	26.28%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	20.04%	22.47%	22.63%	18.90%	20.09%	23.08%	25.09%	22.21%	21.85%	24.95%	26.32%
Earnings before Interest and Taxes (EBIT)	75	53	51	79	76	49	44	79	73	42	44
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	88	66	64	92	89	61	58	93	88	56	58
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.62	3.38	3.92	4.09	3.46	3.65	4.02	3.62	3.77	3.51	3.31
Price to Tangible Book Value (P/TBV)	7.95	7.10	7.99	7.93	6.46	6.94	7.51	6.70	6.73	6.21	6.66
Price to Revenue (P/Rev)	1.87	1.77	2.06	2.24	1.96	2.13	2.40	2.20	2.38	2.20	2.13
Price to Earnings (P/E)	19.68	19.29	21.97	24.06	21.03	22.78	25.95	23.50	25.85	24.63	24.07
Dividend Yield	0.95%	1.00%	0.87%	0.83%	0.98%	0.94%	0.87%	0.99%	0.93%	1.03%	1.08%
Earnings Yield	5.08%	5.19%	4.55%	4.16%	4.76%	4.39%	3.85%	4.25%	3.87%	4.06%	4.15%
Enterprise Value to Invested Capital (EV/IC)	3.13	3.05	3.42	3.64	3.33	3.62	3.90	3.47	3.80	3.70	3.17
Enterprise Value to Revenue (EV/Rev)	1.98	1.85	2.17	2.34	2.00	2.14	2.43	2.23	2.38	2.15	2.17
Enterprise Value to EBITDA (EV/EBITDA)	13.32	12.74	14.55	15.79	13.36	14.44	16.51	14.97	15.95	14.79	14.85
Enterprise Value to EBIT (EV/EBIT)	15.96	15.34	17.42	18.98	16.09	17.41	20.07	18.22	19.50	18.28	18.38
Enterprise Value to NOPAT (EV/NOPAT)	19.92	18.34	20.90	22.44	19.32	20.96	23.91	22.22	24.30	22.81	23.47
Enterprise Value to Operating Cash Flow (EV/OCF)	91.61	37.24	29.86	23.61	14.18	14.01	15.18	14.64	17.80	16.66	17.99
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	61.00	41.63	34.74	18.63	19.24	19.47	17.96	25.07	18.30	58.24
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.26	0.20	0.25	0.22	0.11	0.08	0.09	0.11	0.07	0.10	0.13
Long-Term Debt to Equity	0.09	0.08	0.08	0.08	0.07	0.07	0.07	0.07	0.01	0.01	0.01
Financial Leverage	0.18	0.16	0.23	0.22	0.13	0.08	0.12	0.11	0.02	-0.03	0.05
Leverage Ratio	1.67	1.62	1.69	1.66	1.56	1.50	1.54	1.51	1.44	1.43	1.47
Compound Leverage Factor	1.60	1.50	1.59	1.57	1.49	1.45	1.49	1.47	1.41	1.39	1.41
Debt to Total Capital	20.73%	16.79%	20.01%	17.77%	9.79%	7.66%	8.37%	9.56%	6.46%	9.25%	11.23%
Short-Term Debt to Total Capital	13.85%	9.85%	13.53%	11.43%	3.08%	0.94%	1.83%	3.13%	5.61%	8.42%	10.21%
Long-Term Debt to Total Capital	6.88%	6.94%	6.48%	6.34%	6.71%	6.72%	6.54%	6.44%	0.85%	0.83%	1.01%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.23%	0.23%	0.23%	0.27%	0.25%	0.27%	0.27%	0.28%	0.31%	0.27%	0.28%
Common Equity to Total Capital	79.04%	82.99%	79.76%	81.97%	89.97%	92.07%	91.36%	90.15%	93.23%	90.48%	88.50%
Debt to EBITDA	0.91	0.73	0.88	0.80	0.41	0.33	0.37	0.43	0.29	0.44	0.56
Net Debt to EBITDA	0.78	0.57	0.72	0.63	0.21	0.05	0.16	0.24	-0.06	-0.31	0.27
Long-Term Debt to EBITDA	0.30	0.30	0.29	0.29	0.28	0.29	0.29	0.29	0.04	0.04	0.05
Debt to NOPAT	1.36	1.05	1.27	1.14	0.60	0.48	0.54	0.64	0.45	0.68	0.88
Net Debt to NOPAT	1.16	0.82	1.03	0.90	0.31	0.07	0.22	0.35	-0.09	-0.48	0.43
Long-Term Debt to NOPAT	0.45	0.43	0.41	0.41	0.41	0.42	0.42	0.43	0.06	0.06	0.08
Altman Z-Score	5.62	5.91	5.96	6.77	7.14	7.66	7.85	7.28	7.87	7.26	6.36
Noncontrolling Interest Sharing Ratio	0.28%	0.25%	0.27%	0.30%	0.28%	0.28%	0.29%	0.32%	0.30%	0.29%	0.31%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.92	2.11	1.99	2.23	2.74	2.97	2.85	2.65	2.40	2.22	1.98
Quick Ratio	0.63	0.68	0.67	0.82	0.96	1.06	1.04	1.03	0.96	1.02	0.73
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-146	-98	-66	-12	70	61	85	109	50	83	-78
Operating Cash Flow to CapEx	754.10%	751.54%	-125.68%	515.50%	1,569.53%	1,198.86%	-15.00%	365.66%	1,266.45%	895.97%	-302.35%
Free Cash Flow to Firm to Interest Expense	-47.56	-24.39	-21.00	-2.80	23.55	40.99	58.47	55.26	32.19	62.13	-43.49
Operating Cash Flow to Interest Expense	22.73	23.44	-3.82	13.18	52.15	79.06	-0.94	18.40	74.60	82.35	-10.82
Operating Cash Flow Less CapEx to Interest Expense	19.72	20.32	-6.86	10.62	48.82	72.46	-7.21	13.37	68.71	73.16	-14.40
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.22	1.25	1.19	1.18	1.21	1.21	1.14	1.12	1.14	1.14	1.09
Accounts Receivable Turnover	8.46	9.58	8.20	7.24	8.26	9.19	7.57	6.73	7.66	9.14	7.54
Inventory Turnover	2.76	2.72	2.43	2.43	2.50	2.60	2.37	2.37	2.43	2.63	2.38
Fixed Asset Turnover	9.61	9.60	9.55	9.63	9.68	9.28	9.12	8.98	8.96	8.92	8.69
Accounts Payable Turnover	8.29	8.90	7.23	7.77	8.50	9.38	7.19	7.75	7.51	8.43	6.91
Days Sales Outstanding (DSO)	43.15	38.09	44.49	50.39	44.17	39.70	48.20	54.21	47.64	39.92	48.38
Days Inventory Outstanding (DIO)	132.14	134.28	150.50	150.21	145.79	140.55	153.93	153.73	150.48	138.91	153.61
Days Payable Outstanding (DPO)	44.01	41.03	50.48	46.95	42.95	38.91	50.75	47.07	48.57	43.31	52.83
Cash Conversion Cycle (CCC)	131.27	131.34	144.52	153.65	147.02	141.34	151.38	160.87	149.54	135.51	149.15
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,257	1,241	1,318	1,346	1,250	1,222	1,271	1,298	1,256	1,175	1,382
Invested Capital Turnover	1.72	1.75	1.64	1.60	1.66	1.68	1.58	1.53	1.60	1.69	1.52
Increase / (Decrease) in Invested Capital	211	144	107	77	-7.97	-19	-47	-48	6.07	-47	111
Enterprise Value (EV)	3,941	3,786	4,507	4,894	4,155	4,422	4,953	4,503	4,773	4,353	4,377
Market Capitalization	3,709	3,613	4,282	4,695	4,086	4,403	4,903	4,428	4,787	4,441	4,292
Book Value per Share	$22.15	$23.05	$23.66	$24.82	$25.52	$26.16	$26.48	$26.52	$27.80	$27.71	$28.38
Tangible Book Value per Share	$10.08	$10.98	$11.60	$12.82	$13.68	$13.75	$14.18	$14.35	$15.57	$15.64	$14.11
Total Capital	1,297	1,287	1,370	1,399	1,312	1,311	1,336	1,356	1,362	1,399	1,466
Total Debt	269	216	274	249	128	100	112	130	88	129	165
Total Long-Term Debt	89	89	89	89	88	88	87	87	12	12	15
Net Debt	229	170	222	195	66	15	47	72	-18	-91	81
Capital Expenditures (CapEx)	9.24	13	9.56	11	9.91	9.77	9.08	9.95	9.17	12	6.44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	566	533	615	640	549	494	544	557	519	428	538
Debt-free Net Working Capital (DFNWC)	606	579	666	694	612	579	610	615	626	648	622
Net Working Capital (NWC)	426	452	481	534	572	567	585	573	549	530	473
Net Nonoperating Expense (NNE)	6.27	6.05	3.76	5.32	4.14	3.03	4.40	1.72	1.26	1.94	1.69
Net Nonoperating Obligations (NNO)	229	170	222	195	66	12	47	72	-18	-95	81
Total Depreciation and Amortization (D&A)	13	13	13	13	13	13	14	14	14	14	14
Debt-free, Cash-free Net Working Capital to Revenue	28.49%	26.09%	29.59%	30.57%	26.39%	23.93%	26.66%	27.63%	25.86%	21.16%	26.71%
Debt-free Net Working Capital to Revenue	30.48%	28.33%	32.09%	33.11%	29.40%	28.04%	29.86%	30.51%	31.15%	32.07%	30.88%
Net Working Capital to Revenue	21.44%	22.13%	23.17%	25.48%	27.46%	27.44%	28.66%	28.41%	27.35%	26.24%	23.45%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.26	$0.85	$0.81	$1.29	$1.25	$0.82	$0.71	$1.28	$1.19	$0.74	$0.67
Adjusted Weighted Average Basic Shares Outstanding	46.32M	46.18M	46.19M	46.26M	46.13M	46.04M	46.08M	45.67M	45.69M	45.72M	45.60M
Adjusted Diluted Earnings per Share	$1.24	$0.84	$0.79	$1.27	$1.23	$0.82	$0.70	$1.26	$1.17	$0.73	$0.67
Adjusted Weighted Average Diluted Shares Outstanding	46.32M	46.18M	46.19M	46.26M	46.13M	46.04M	46.08M	45.67M	45.69M	45.72M	45.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	46.32M	46.18M	46.19M	46.26M	46.13M	46.04M	46.08M	45.67M	45.69M	45.72M	45.60M
Normalized Net Operating Profit after Tax (NOPAT)	66	46	41	66	63	42	37	61	56	39	33
Normalized NOPAT Margin	12.00%	9.45%	8.55%	11.53%	11.64%	8.91%	8.13%	11.24%	10.59%	8.04%	7.29%
Pre Tax Income Margin	13.12%	9.98%	9.87%	13.06%	13.54%	9.97%	9.18%	14.16%	13.53%	8.39%	9.19%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	24.60	13.11	16.20	18.79	25.44	32.84	30.22	39.93	47.19	31.42	24.26
NOPAT to Interest Expense	21.28	11.41	13.13	15.67	20.88	28.26	25.89	30.90	36.09	27.06	18.38
EBIT Less CapEx to Interest Expense	21.58	9.99	13.16	16.24	22.11	26.24	23.95	34.89	41.30	22.23	20.68
NOPAT Less CapEx to Interest Expense	18.26	8.29	10.10	13.12	17.56	21.67	19.62	25.86	30.20	17.86	14.80
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	19.06%	19.59%	19.51%	20.17%	20.94%	21.43%	22.96%	23.67%	24.63%	25.81%	26.48%
Augmented Payout Ratio	37.78%	41.04%	39.03%	38.16%	41.18%	43.68%	41.48%	58.34%	62.47%	59.42%	59.22%

Key Financial Trends

Franklin Electric’s Q1 2025 results showed mixed trends with modest revenue and earnings declines, offset by margin expansion and solid returns. However, cash generation turned negative due to significant acquisition spending, putting pressure on operating cash flow and liquidity.

Gross margin improved to 36.0% in Q1 2025 from 33.8% in Q4 2024, reflecting stronger pricing and cost controls.
Return on equity (11.46%) and ROIC (11.04%) remain healthy, indicating effective capital deployment.
EBITDA of $58.1 million (12.8% margin) was stable sequentially, supporting earnings power.
Operating revenue fell 1.23% year-over-year to $455.2 million, a modest contraction.
Net income declined 5.19% y/y to $31.4 million, driven by higher non-operating expenses.
Net debt/EBITDA at 0.27× remains low, suggesting conservative leverage.
Valuation at 24.1× P/E is roughly in line with recent historical multiples.
Free cash flow to firm was negative $78.2 million, weighed down by $109.7 million in acquisition outlays.
Net cash from operations swung to –$19.5 million versus +$110.3 million in Q4 2024, signaling weaker working-capital conversion.
Overall cash and equivalents fell by $136.5 million in the quarter, straining liquidity.

06/24/25 04:23 PMAI Generated. May Contain Errors.

Frequently Asked Questions About Franklin Electric's Financials

When does Franklin Electric's financial year end?

According to the most recent income statement we have on file, Franklin Electric's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Franklin Electric's net income changed over the last 9 years?

Franklin Electric's net income appears to be on an upward trend, with a most recent value of $181.61 million in 2024, rising from $73.69 million in 2015. The previous period was $194.73 million in 2023. Check out Franklin Electric's forecast to explore projected trends and price targets.

What is Franklin Electric's operating income?

Franklin Electric's total operating income in 2024 was $243.65 million, based on the following breakdown:

Total Gross Profit: $717.28 million
Total Operating Expenses: $473.64 million

How has Franklin Electric's revenue changed over the last 9 years?

Over the last 9 years, Franklin Electric's total revenue changed from $924.92 million in 2015 to $2.02 billion in 2024, a change of 118.5%.

How much debt does Franklin Electric have?

Franklin Electric's total liabilities were at $550.77 million at the end of 2024, a 6.4% increase from 2023, and a 28.1% increase since 2015.

How much cash does Franklin Electric have?

In the past 9 years, Franklin Electric's cash and equivalents has ranged from $40.54 million in 2021 to $220.54 million in 2024, and is currently $220.54 million as of their latest financial filing in 2024.

How has Franklin Electric's book value per share changed over the last 9 years?

Over the last 9 years, Franklin Electric's book value per share changed from 12.03 in 2015 to 27.71 in 2024, a change of 130.4%.

Related Companies

This page (NASDAQ:FELE) was last updated on 6/24/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Franklin Electric (FELE) Financials

Key Financial Trends

Frequently Asked Questions About Franklin Electric's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Franklin Electric (FELE) Financials

Annual Income Statements for Franklin Electric

Quarterly Income Statements for Franklin Electric

Annual Cash Flow Statements for Franklin Electric

Quarterly Cash Flow Statements for Franklin Electric

Annual Balance Sheets for Franklin Electric

Quarterly Balance Sheets for Franklin Electric

Annual Metrics And Ratios for Franklin Electric

Quarterly Metrics And Ratios for Franklin Electric

Key Financial Trends

Frequently Asked Questions About Franklin Electric's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools