Business Description
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Water Systems, Energy Systems, and Distribution segments. The Water Systems segment offers motors, pumps, water treatment systems, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater in a range of residential, agricultural, municipal, and industrial applications; and electronic drives and controls for the motors, which control functionality and provide protection from various hazards, such as electrical surges, over-heating, and dry wells or dry tanks. Its Energy Systems segment produces and markets pumps, motors, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in energy system applications; and components between the tanks and the dispensers, including submersible pumps, station hardware, piping, and corrosion control systems. This segment serves other energy markets, such as power reliability systems, including intelligent electronic devices that are designed for online monitoring for the power utility, hydroelectric, rail, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells its products to wholesale and retail distributors, specialty distributors, and industrial and petroleum equipment distributors, as well as to oil and utility companies, and original equipment manufacturers. The company was founded in 1944 and is headquartered in Fort Wayne, Indiana.
Business History
Price Overview
Last updated: Jun 27, 2026 8:57am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): 3.26
Total Equity: $1.33B
Shares: 45,500,000
Total Debt: $234.01M
Cash: $99.66M
EBITDA: $268.17M
Total Debt: $234.01M
Cash: $99.66M
Revenue: $2.13B
Revenue: $2.13B
Revenue: $2.13B
Total Equity: $1.33B
Tax Rate: 23.6%
Equity: $1.33B
Total Debt: $234.01M
Cash: $99.66M
Current Liabilities: $344.05M
Long-Term Debt: $181.67M
Total Debt: $234.01M
Total Equity: $1.33B
Shares: 45,500,000
Shares: 45,500,000
CapEx: -$45.34M
Shares: 45,500,000
Stock Price: $107.89
Net Income: $147.09M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 21, 2026 7:35pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.7B | $2.0B | $2.1B | $2.0B | $2.1B |
| Cost of Revenue | $1.1B | $1.4B | $1.4B | $1.3B | $1.4B |
| Gross Profit | $576.1M | $691.4M | $697.0M | $717.3M | $755.9M |
| Operating Expenses | $386.9M | $434.2M | $434.6M | $473.6M | $483.9M |
| Operating Income | $189.2M | $257.2M | $262.4M | $243.6M | $272.0M |
| Net Income | $153.9M | $187.3M | $193.3M | $180.3M | $147.1M |
| EBITDA | $239.5M | $297.1M | $306.3M | $294.2M | $268.2M |
| EPS | $3.30 | $4.03 | $4.17 | $3.92 | $3.26 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 7:35pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $40.5M | $45.8M | $85.0M | $220.5M | $99.7M |
| Total Current Assets | $724.6M | $858.1M | $853.8M | $964.2M | $958.6M |
| Total Assets | $1.6B | $1.7B | $1.7B | $1.8B | $1.9B |
| Current Liabilities | $396.0M | $405.8M | $287.0M | $433.7M | $344.0M |
| Long-Term Debt | $90.5M | $89.3M | $88.1M | $11.6M | $181.7M |
| Total Liabilities | $626.5M | $623.4M | $517.8M | $550.8M | $619.0M |
| Total Equity | $946.5M | $1.1B | $1.2B | $1.3B | $1.3B |
| Retained Earnings | $859.8M | $969.3M | $1.1B | $1.2B | $1.1B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 7:35pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $129.8M | $101.7M | $315.7M | $261.4M | $238.9M |
| Capital Expenditure | -$30.1M | -$41.9M | -$41.4M | -$41.7M | -$45.3M |
| Free Cash Flow | $99.6M | $59.8M | $274.3M | $219.7M | $193.5M |
| Acquisitions (net) | -$235.7M | -$1.2M | -$33.3M | -$5.2M | -$114.7M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$25.9M | -$40.5M | -$43.3M | -$61.0M | -$165.6M |
| Net Change in Cash | -$90.3M | $5.3M | $39.2M | $135.6M | -$120.9M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 8:57am (just now)| Metric | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| Revenue |
$2.0B $2.0B – $2.0B
|
$2.1B $2.1B – $2.2B
|
$2.2B $2.2B – $2.2B
|
$2.3B $2.3B – $2.4B
|
| EBITDA |
$283.9M $281.2M – $286.4M
|
$303.6M $300.8M – $306.3M
|
$316.2M $314.8M – $317.6M
|
$330.2M $325.9M – $334.4M
|
| Net Income |
$172.4M $171.5M – $173.3M
|
$189.4M $188.7M – $190.1M
|
$208.7M $207.5M – $209.8M
|
$231.6M $227.4M – $235.7M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 7:35pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +23.0% | +1.0% | -2.1% | +5.4% |
| Gross Profit Growth | +20.0% | +0.8% | +2.9% | +5.4% |
| Operating Income Growth | +35.9% | +2.0% | -7.2% | +11.6% |
| Net Income Growth | +21.8% | +3.2% | -6.7% | -18.4% |
| EBITDA Growth | +24.1% | +3.1% | -3.9% | -8.9% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-12 | SENGSTACK GREGG C | M-Exempt | 35,000.00 | $43.00 | $1.5M |
| 2026-06-12 | SENGSTACK GREGG C | F-InKind | 22,587.00 | $103.57 | $2.3M |
| 2026-06-12 | SENGSTACK GREGG C | M-Exempt | 35,000.00 | $43.00 | $1.5M |
| 2026-06-09 | Grandon Jonathan M. | M-Exempt | 8,547.00 | $42.20 | $360,683 |
| 2026-06-09 | Grandon Jonathan M. | S-Sale | 8,547.00 | $103.40 | $883,785 |
| 2026-06-09 | Grandon Jonathan M. | M-Exempt | 8,547.00 | $42.20 | $360,683 |
| 2026-06-01 | SENGSTACK GREGG C | A-Award | 366.00 | $97.44 | $35,663 |
| 2026-06-01 | SENGSTACK GREGG C | F-InKind | 145.00 | $97.44 | $14,129 |
| 2026-05-26 | davis delancey w | S-Sale | 1,900.00 | $100.00 | $190,000 |
| 2026-05-22 | Grandon Jonathan M. | M-Exempt | 4,200.00 | $42.20 | $177,240 |
| 2026-05-22 | Grandon Jonathan M. | M-Exempt | 4,200.00 | $42.20 | $177,240 |
| 2026-05-22 | Grandon Jonathan M. | S-Sale | 4,200.00 | $98.23 | $412,579 |
| 2026-05-21 | SHERMAN JENNIFER L | A-Award | 138.99 | $0.00 | $0 |
| 2026-05-21 | PETERSON RENEE J | A-Award | 110.69 | $0.00 | $0 |
| 2026-05-21 | Villavarayan Chris | A-Award | 8.24 | $0.00 | $0 |
| 2026-05-21 | SENGSTACK GREGG C | A-Award | 4.81 | $0.00 | $0 |
| 2026-05-21 | Carano Mark A | A-Award | 4.94 | $0.00 | $0 |
| 2026-05-08 | Carano Mark A | A-Award | 1,459.63 | $0.00 | $0 |
| 2026-05-08 | Grizzle Victor | A-Award | 2,526.00 | $0.00 | $0 |
| 2026-05-08 | Maskara Alok | A-Award | 2,592.00 | $0.00 | $0 |
Dividend History (Last 20)
Last updated: Jun 21, 2026 7:35pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-05-07 | $0.28 | 2026-04-27 | 2026-05-07 | 2026-05-21 |
| 2026-02-05 | $0.28 | 2026-01-26 | 2026-02-05 | 2026-02-19 |
| 2025-11-06 | $0.27 | 2025-10-27 | 2025-11-06 | 2025-11-20 |
| 2025-08-07 | $0.27 | 2025-07-28 | 2025-08-07 | 2025-08-21 |
| 2025-05-08 | $0.27 | 2025-04-28 | 2025-05-08 | 2025-05-22 |
| 2025-02-06 | $0.27 | 2025-01-27 | 2025-02-06 | 2025-02-20 |
| 2024-11-07 | $0.25 | 2024-10-28 | 2024-11-07 | 2024-11-21 |
| 2024-08-01 | $0.25 | 2024-07-22 | 2024-08-01 | 2024-08-15 |
| 2024-05-01 | $0.25 | 2024-04-22 | 2024-05-02 | 2024-05-16 |
| 2024-01-31 | $0.25 | 2024-01-22 | 2024-02-01 | 2024-02-15 |
| 2023-11-01 | $0.23 | 2023-10-23 | 2023-11-02 | 2023-11-16 |
| 2023-08-02 | $0.23 | 2023-07-24 | 2023-08-03 | 2023-08-17 |
| 2023-05-03 | $0.23 | 2023-04-24 | 2023-05-04 | 2023-05-18 |
| 2023-02-01 | $0.23 | 2023-01-23 | 2023-02-02 | 2023-02-16 |
| 2022-11-02 | $0.20 | 2022-10-24 | 2022-11-03 | 2022-11-17 |
| 2022-08-03 | $0.20 | 2022-07-25 | 2022-08-04 | 2022-08-18 |
| 2022-05-04 | $0.20 | 2022-04-25 | 2022-05-05 | 2022-05-19 |
| 2022-02-02 | $0.20 | 2022-01-24 | 2022-02-03 | 2022-02-17 |
| 2021-11-03 | $0.18 | 2021-10-25 | 2021-11-04 | 2021-11-18 |
| 2021-08-04 | $0.18 | 2021-07-26 | 2021-08-05 | 2021-08-19 |
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