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Franklin Electric Co Inc (FELE) stock

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NASDAQ: FELE Nasdaq Industrial Machinery & Supplies & Components Next results ~February 16, 2027

C+ Fundamentals grade

Franklin Electric Co Inc is a US-listed company in the industrial machinery & supplies & components industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$90

Cash-flow model

Base case. Range ~$65–$120 across our lower- and higher-growth cases (0.1%–10.1% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 12% above our base value.

Price used: $100.30, November 2, 2026

Franklin Electric Co Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 3 selling1 purchase and 8 sales by directors and officers, last 12 monthsInsider trades
  • Funds195 adding, 153 cuttingOf 55 active managers that changed their stake, 35 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Franklin Electric files

10-Q filed October 28: Franklin Electric Co

Model value −15.0%

Revenue for the twelve months to September 2026 was $2.26bn, up 7.3% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin fell to 8.5% from 9.6% a year earlier. The diluted share count is down 2.6% on a year earlier, which lifts each remaining share. Its fundamentals grade moves from C to C+. Our model value falls from $103 to $87.13 a share, against a share price of $97.53. The rating stays Hold. At that price, our model says the market is pricing in about 6.8% a year of cash-flow growth for five years, close to the 6.4% a year revenue growth it has delivered.

Source: 10-Q filed October 28, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed July 29: Franklin Electric Co

Revenue for the twelve months to June 2026 reached $2.26bn, up 7.3% on a year earlier and holding roughly the pace set a quarter ago. Free-cash-flow margin slipped to 8.5% from 9.6% a year earlier. The diluted share count has fallen 2.6% over the same period, which lifts the claim on each remaining share. Our model value is little changed at $103 a share, against a share price of $98.07, so the rating stays Hold. At that price, the model implies the market is pricing in about 4.0% a year of cash-flow growth over five years. That is well below the 6.4% a year revenue growth the company has actually delivered.

10-Q on SEC EDGAR

Where Franklin Electric Co stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $2.21bn, up 7.4% on a year earlier, slower than the 8.0% growth a quarter earlier. Free-cash-flow margin held at 9.9%. The diluted share count is down 3.1% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 4 of our 6 financial-health checks. Our cash-flow model value is $103 a share, against a share price of $99.00. At that price, our model says the market is pricing in about 4.3% a year of cash-flow growth for five years, close to the 5.9% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 16, 2027 (estimated)

Franklin Electric Co Inc's trailing-twelve-month revenue grew 7.3% year on year, with a free-cash-flow margin of 8.5%. Where it stands out: change in share count of -2.6% ranks 9 of 73 industrial machinery & supplies & components companies we cover.

Our discounted-cash-flow model values the business at ~$90 per share in the base case (~$65–$120 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 4.4% while net income grew 41.3%: a 46pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 2.6% in a year, so each share owns more of the business.

Things to watch

  • Weakest spot: change in growth rate. Change in growth rate of -0.1pp ranks 53 of 75 industrial machinery & supplies & components companies we cover (median +1.2pp).

Latest results: FY2026 Q3

Filed October 28, 2026
Earnings per share
$1.50 against an average estimate of $1.40: beat by 7.5%
Revenue
$634m, up 8.9% on a year earlier
Share reaction
-1.4% in the first session after the results on October 28, 2026, against 0.0% for the S&P 500
Guidance given
net sales $2.23bn to $2.3bn (full year 2026); adjusted Diluted EPS $4.62 to $4.82 (full year 2026)
Next report
October 28, 2026; average EPS estimate $0.91

Franklin Electric's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+5.2%
  • 1 week+1.7%
  • 1 month+1.7%
  • This year+5.8%
  • 1 year+7.0%
  • 5 years+17.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.3B
Operating margin
12.4%
Net margin
8.8%
EPS (TTM, diluted)
$4.47

Growth

Revenue growth
+7.3%
Change in growth rate
−0.1 pts
Share count change
−2.6%

Cash

Free cash flow (TTM)
$193M
FCF margin
8.5%
Stock pay % of revenue
0.6%

Earnings

Last results
October 28, 2026
Next results (est.)
February 16, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Agreement
  3. Results
  4. Guidance
  5. Our research
  6. Deal
  7. Announcement
  8. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Franklin Electric Co Inc valuation models and calculator

What the price is pricing in

The share price implies about 7.4% a year of cash-flow growth for five years.That is close to the 6.4% a year revenue growth Franklin Electric has delivered.

  • Priced in7.4%
  • Last 12 months7.3%
  • 3 years a year2.8%
  • 5 years a year6.4%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($101.05, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$90
Price used
$101.05close November 3, 2026
Implied change
▼ 11%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Franklin Electric Co Inc's free cash flow after stock-based pay with after-tax interest added back ($216M, FY2026 Q3 TTM), growing 6.4% and 5.8% in the next two years (forecasts, guidance and its record), then back to 5.1% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$65–~$120 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Franklin Electric Co Inc's free cash flow after stock-based pay ( $216M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Franklin Electric Co Inc as an operating company, with every model that fits that kind of business. Cost of equity 9.2%: the 10-year Treasury yield (4.9%) plus a beta of 0.95 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$90 ~$65–$120 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$92 ~$83–$120 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$64 ~$46–$91 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$66 ~$57–$78 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$80 ~$64–$92 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Franklin Electric Co Inc with Industrial Machinery & Supplies & Components in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −27%
  • Revenue growth 5 points higher ▲ +36%
  • Free-cash-flow margin 1 point lower ▼ −12%
  • Last year's free-cash-flow margin change, if it persists ▼ −11%
  • Discount rate 1 point higher ▼ −16%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $61$86$120$164$221$295
8.5% $44$63$87$118$159$212
10% $34$49$67$91$123$162

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$24.16$35.19$41.95$39.59$53.56$65.38$90.09$76.71$93.88$95.59$94.77$100.30
Market value$1.1bn$1.6bn$2.0bn$1.9bn$2.5bn$3.1bn$4.2bn$3.6bn$4.4bn$4.4bn$4.3bn$4.5bn
+ Net debt (− = net cash)$139m$86m$159m$147m$51m−$36m$148m$170m$16m−$91m$67m$402m
Enterprise value$1.3bn$1.7bn$2.1bn$2.0bn$2.6bn$3.0bn$4.4bn$3.8bn$4.4bn$4.4bn$4.4bn$4.9bn
Multiples
Price / sales 1.2x1.7x1.8x1.4x1.9x2.4x2.5x1.8x2.1x2.2x2.0x2.0x
Price / earnings 15.8x20.9x25.2x17.6x26.2x30.4x27.5x19.2x22.8x24.7x29.3x22.4x
Price / free cash flow 15.7x21.6x59.3x17.6x16.1x16.2x42.5x60.3x16.1x20.2x22.3x23.2x
EV / EBITDA 10.2x11.7x14.6x11.8x15.6x18.1x18.7x12.3x14.0x14.5x13.2x14.0x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

69 /100

Moderate moat

How hard Franklin Electric's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 11 / 20

    Cash operating profit has been a median 9.3% of total assets over 10 years.

  • Pricing power 12 / 20

    Gross margin has been a median 33.9%, moving by 0.9 percentage points (standard deviation) across 10 years.

  • Durability 13 / 20

    Operating margin has been a median 11.9%; its worst year was 9.7%.

  • Cash conversion 15 / 20

    Free cash flow was positive in 10 of 10 years, at a median 9.4% of revenue.

  • Discipline 18 / 20

    The diluted share count fell 4.8% over five years; stock-based pay has been a median 0.6% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $4.74 +15% $2.3bn +8%
Next $5.32 +12% $2.5bn +8%

Next year's EPS estimate has moved +3.0% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +2.0% on 90 days ago. In the last 30 days, 3 analysts raised Franklin Electric Co Inc's forecast and 0 cut it.

Consensus EPS forecast Franklin Electric Co Inc, last 90 days
$4.60 $4.80 $5.00 $5.20 $5.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $4.65 Current fiscal year, 60 days ago: $4.65 Current fiscal year, 30 days ago: $4.65 Current fiscal year, 7 days ago: $4.66 Current fiscal year, Now: $4.74 $4.74 Next fiscal year, 90 days ago: $5.16 Next fiscal year, 60 days ago: $5.16 Next fiscal year, 30 days ago: $5.16 Next fiscal year, 7 days ago: $5.21 Next fiscal year, Now: $5.32 $5.32

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $4.65$5.16
60 days ago $4.65$5.16
30 days ago $4.65$5.16
7 days ago $4.66$5.21
Now $4.74$5.32

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $1.40 $1.50 +7.5%
Jun 2026 $1.43 $1.55 +8.2%
Mar 2026 $0.77 $0.83 +8.1%
Dec 2025 $0.89 $0.87 −2.5%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 28, 2026
  • net sales full year 2026 $2.23bn to $2.3bn Raised
    “The Company is raising its guidance for full year 2026 net sales to be in the range of $2.23 billion to $2.30 billion and full year 2026 Adjusted Diluted EPS to be in the range of $4.62 to $4.82.” source
  • Adjusted Diluted EPS full year 2026 $4.62 to $4.82 Non-GAAP Raised
    “The Company is raising its guidance for full year 2026 net sales to be in the range of $2.23 billion to $2.30 billion and full year 2026 Adjusted Diluted EPS to be in the range of $4.62 to $4.82.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Franklin Electric Co Inc's revenue by +6.4% next year and +5.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+7.5%, weight 40%) , management guidance (+5.9%, weight 36%) and the company's own record (+5.1%, weight 24%) . How the weights are set.

Analyst recommendations

5 analysts, Oct 2026
Buy240%
Hold360%
Sell00%

Monthly trend

  1. Oct 2026235
  2. Sep 2026235
  3. Aug 2026235

Counts of recommendations published by analysts covering Franklin Electric Co Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
1.8%
of tradable shares
Days to cover
2
at average volume
Short interest, 1 month
−7%
to October 15, 2026
Held by institutions
95%
of shares
Held by insiders
7.5%
of shares
Employees
6,500
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +7.0%

$93.75 on October 31, 2025 to $100.30

ThenNowEffect
Revenue (last 12 months) $2.1bn $2.2bn +7.4%
Net margin 8.7% 7.1% −19.0%
P/E multiple 24.2x 28.8x +19.2%
Share count 46m 45m +3.2%

Biggest factor: net margin.

Last 3 years +18.0%

$85.03 on November 3, 2023 to $100.30

ThenNowEffect
Revenue (last 12 months) $2.1bn $2.2bn +5.6%
Net margin 9.3% 7.1% −24.3%
P/E multiple 20.5x 28.8x +40.7%
Share count 47m 45m +4.8%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
FELE+38%−15%+22%+2%−1%+6%
Industry peers (median)+19%−14%+19%+2%+13%+3%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
FELE83%33%50%50%67%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
FELE−12%−28%−21%−12%−21%−18%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 32% from February 5, 2020 to March 25, 2020. Getting back needed a 47% gain, reached on August 11, 2020, 139 days after the low.

Price behaviour

52-week range
$89.41 – $109.77
From 52-week high
−8.6%
vs 50-day average
+2.0%
vs 200-day average
+0.4%
Volatility (1 year)
28%
Beta vs S&P 500
0.71

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
2 up, 10 down
typical move ±4.2%
After a week
4 up, 7 down
typical move ±3.3%
After a month
3 up, 8 down
typical move ±4.4%
Results releasedNext dayS&P 500 next day5 days21 days
October 28, 2026 −1.4% 0.0% — —
July 28, 2026 0.0% −1.3% +4.3% −2.5%
April 28, 2026 −1.6% −0.5% −3.4% −4.0%
February 17, 2026 −16.6% +0.7% −9.2% −16.1%
October 28, 2025 −3.3% +0.3% −4.9% −2.1%
July 29, 2025 +1.1% −0.4% +1.3% +6.8%
April 29, 2025 −4.2% +0.7% −2.3% −2.0%
February 18, 2025 +6.1% +0.5% +4.0% −0.4%
October 29, 2024 −5.9% −0.1% −1.7% +4.7%
July 23, 2024 −3.1% −2.4% +1.6% −3.1%
April 30, 2024 −5.2% −1.9% −2.1% −5.2%
February 13, 2024 −2.0% −0.5% −1.9% +1.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Franklin Electric Co Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade C+ (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Franklin Electric Co Inc in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Franklin Electric Co Inc
$2B $2.1B $2.2B $2.3B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $2.1B Revenue (TTM), FY24 Q1: $2B Revenue (TTM), FY24 Q2: $2B Revenue (TTM), FY24 Q3: $2B Revenue (TTM), FY24 Q4: $2B Revenue (TTM), FY25 Q1: $2B Revenue (TTM), FY25 Q2: $2.1B Revenue (TTM), FY25 Q3: $2.1B Revenue (TTM), FY25 Q4: $2.1B Revenue (TTM), FY26 Q1: $2.2B Revenue (TTM), FY26 Q2: $2.2B Revenue (TTM), FY26 Q3: $2.3B $2.3B

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $2.1B
FY24 Q1 $2B
FY24 Q2 $2B
FY24 Q3 $2B
FY24 Q4 $2B
FY25 Q1 $2B
FY25 Q2 $2.1B
FY25 Q3 $2.1B
FY25 Q4 $2.1B
FY26 Q1 $2.2B
FY26 Q2 $2.2B
FY26 Q3 $2.3B
Revenue growth, TTM YoY Franklin Electric Co Inc
-5% 0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 1.0% Revenue growth, TTM YoY, FY24 Q1: -1.7% Revenue growth, TTM YoY, FY24 Q2: -3.8% Revenue growth, TTM YoY, FY24 Q3: -3.5% Revenue growth, TTM YoY, FY24 Q4: -2.1% Revenue growth, TTM YoY, FY25 Q1: -1.3% Revenue growth, TTM YoY, FY25 Q2: 2.2% Revenue growth, TTM YoY, FY25 Q3: 5.1% Revenue growth, TTM YoY, FY25 Q4: 5.4% Revenue growth, TTM YoY, FY26 Q1: 8.0% Revenue growth, TTM YoY, FY26 Q2: 7.4% Revenue growth, TTM YoY, FY26 Q3: 7.3% 7.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 1.0%
FY24 Q1 -1.7%
FY24 Q2 -3.8%
FY24 Q3 -3.5%
FY24 Q4 -2.1%
FY25 Q1 -1.3%
FY25 Q2 2.2%
FY25 Q3 5.1%
FY25 Q4 5.4%
FY26 Q1 8.0%
FY26 Q2 7.4%
FY26 Q3 7.3%
Operating margin (TTM) Franklin Electric Co Inc
11.5% 12% 12.5% 13% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 12.7% Operating margin (TTM), FY24 Q1: 12.6% Operating margin (TTM), FY24 Q2: 12.7% Operating margin (TTM), FY24 Q3: 12.5% Operating margin (TTM), FY24 Q4: 12.1% Operating margin (TTM), FY25 Q1: 11.9% Operating margin (TTM), FY25 Q2: 12.1% Operating margin (TTM), FY25 Q3: 12.3% Operating margin (TTM), FY25 Q4: 12.6% Operating margin (TTM), FY26 Q1: 12.5% Operating margin (TTM), FY26 Q2: 12.6% Operating margin (TTM), FY26 Q3: 12.4% 12.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 12.7%
FY24 Q1 12.6%
FY24 Q2 12.7%
FY24 Q3 12.5%
FY24 Q4 12.1%
FY25 Q1 11.9%
FY25 Q2 12.1%
FY25 Q3 12.3%
FY25 Q4 12.6%
FY26 Q1 12.5%
FY26 Q2 12.6%
FY26 Q3 12.4%
FCF margin (TTM) Franklin Electric Co Inc
6% 8% 10% 12% 14% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 13.3% FCF margin (TTM), FY24 Q1: 14.0% FCF margin (TTM), FY24 Q2: 13.3% FCF margin (TTM), FY24 Q3: 11.4% FCF margin (TTM), FY24 Q4: 10.9% FCF margin (TTM), FY25 Q1: 10.1% FCF margin (TTM), FY25 Q2: 10.6% FCF margin (TTM), FY25 Q3: 9.6% FCF margin (TTM), FY25 Q4: 9.1% FCF margin (TTM), FY26 Q1: 7.8% FCF margin (TTM), FY26 Q2: 9.9% FCF margin (TTM), FY26 Q3: 8.5% 8.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 13.3%
FY24 Q1 14.0%
FY24 Q2 13.3%
FY24 Q3 11.4%
FY24 Q4 10.9%
FY25 Q1 10.1%
FY25 Q2 10.6%
FY25 Q3 9.6%
FY25 Q4 9.1%
FY26 Q1 7.8%
FY26 Q2 9.9%
FY26 Q3 8.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Jan 2010 2010 Jan 2011 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Jan 2015 2015 Jan 2016 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 626 714 821 891 965 1,048 925 950 1,125 1,298 1,315 1,247 1,662 2,044 2,065 2,021 2,131 2,264
Gross profit 184 230 272 302 332 344 298 331 377 432 428 433 576 691 697 717 756 801
EBITDA 69 88 119 141 155 137 126 148 146 171 164 167 234 308 315 300 332 350
Operating income 44 64 93 113 124 100 90 112 107 132 127 131 189 257 262 244 269 280
Net income 23 39 63 83 82 70 73 79 78 106 95 100 154 187 193 180 147 200
Diluted EPS $0.50 $0.82 $1.33 $1.73 $1.68 $1.41 $1.50 $1.65 $1.65 $2.23 $2.03 $2.14 $3.25 $3.97 $4.11 $3.86 $3.22 $4.47
Growth (year on year)
Revenue −16.0% +14.0% +15.0% +8.6% +8.3% +8.5% −11.7% +2.7% +18.4% +15.4% +1.3% −5.1% +33.2% +23.0% +1.0% −2.1% +5.4% +7.3%
EBITDA −31.5% +27.4% +34.8% +19.0% +9.8% −11.5% −8.3% +17.3% −1.3% +17.1% −3.8% +1.8% +40.0% +31.6% +2.3% −4.8% +10.7% +8.9%
Operating income −43.0% +46.3% +45.9% +20.9% +9.6% −19.1% −9.7% +24.0% −4.3% +23.1% −3.7% +2.7% +45.0% +35.9% +2.0% −7.2% +10.4% +7.5%
Net income −47.3% +67.4% +62.1% +31.3% −1.1% −14.8% +4.5% +8.0% −0.7% +35.4% −9.8% +5.2% +53.2% +21.8% +3.2% −6.7% −18.4% +41.3%
Diluted EPS −73.7% +65.0% +61.2% +30.1% −2.9% −16.1% +6.4% +10.0% 0.0% +35.2% −9.0% +5.4% +51.9% +22.2% +3.5% −6.1% −16.6% +45.1%
Margins
Gross margin 29.3% 32.2% 33.2% 33.8% 34.3% 32.9% 32.2% 34.9% 33.5% 33.3% 32.6% 34.7% 34.7% 33.8% 33.8% 35.5% 35.5% 35.4%
EBITDA margin 11.0% 12.3% 14.5% 15.9% 16.1% 13.1% 13.6% 15.5% 13.0% 13.1% 12.5% 13.4% 14.1% 15.0% 15.2% 14.8% 15.6% 15.4%
Operating margin 7.0% 9.0% 11.4% 12.7% 12.8% 9.6% 9.8% 11.8% 9.5% 10.2% 9.7% 10.5% 11.4% 12.6% 12.7% 12.1% 12.6% 12.4%
Net margin 3.7% 5.5% 7.7% 9.3% 8.5% 6.7% 7.9% 8.3% 6.9% 8.2% 7.3% 8.1% 9.3% 9.2% 9.4% 8.9% 6.9% 8.8%
Free-cash-flow margin 16.1% 11.3% 9.5% 3.5% 3.2% 1.1% 7.9% 8.0% 3.0% 8.2% 11.9% 15.2% 6.0% 2.9% 13.3% 10.9% 9.1% 8.5%
Cash flow
Cash from operations 113 95 100 70 98 47 100 115 67 128 178 212 130 102 316 261 239 243
Capital spending 12 14 22 39 68 36 26 39 33 22 22 23 30 42 41 42 45 50
Free cash flow 101 81 78 31 31 12 73 76 33 106 156 189 100 60 274 220 194 193
Stock-based pay 5 4 4 6 5 7 6 7 7 8 9 10 12 11 10 12 13 14
Free cash flow after stock pay 96 77 74 25 26 4 68 69 26 98 147 179 88 49 264 208 180 180
Balance sheet
Cash 87 140 153 103 135 59 82 104 67 59 64 131 41 46 85 221 100 159
Total debt 152 153 164 166 190 178 221 191 226 207 115 95 189 216 101 130 167 561
Net debt (negative = net cash) 65 12 11 63 55 119 139 86 159 147 51 −36 148 170 16 −91 67 402
Diluted shares 47m 47m 47m 48m 48m 48m 48m 47m 47m 47m 47m 47m 47m 47m 47m 47m 46m 45m
Returned to shareholders
Dividends 12 12 13 14 15 17 19 19 20 23 28 30 33 37 42 47 50 50
Buybacks 0 7 14 22 12 11 49 7 4 34 11 20 26 40 43 61 166 61
Total returned 12 20 27 36 28 28 68 27 24 57 38 49 59 77 85 108 216 111

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

4 of 6 checks passed · September 30, 2026
What it owns · $2.6bn
Short-term assets $1.2bnLonger-term assets $1.4bn
What it owes, and who funded it · $2.0bn
Short-term liabilities $519mShareholders' equity $1.4bn
  • Short-term assets cover short-term liabilities $1.2bn of assets due within a year against $519m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $159m of cash against $561m of debt.
  • Debt below 40% of shareholders' equity Debt is 39% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 9% to 39% over five years.
  • A year's operating cash flow covers at least 20% of debt $243m of operating cash flow against $561m of debt.
  • Operating profit covers interest at least five times over Operating income of $280m against $13m of interest.

From Franklin Electric Co Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$61.1M
Dividends (TTM)
$50.1M
Returned to shareholders
57%
of free cash flow
Buybacks, last 3 fiscal years
$270M
Diluted share count
−2.6%
year over year
Total shareholder yield
2.5%
dividends 1.1% + buybacks 1.4% of market value
Dividend payout ratio
25%
of net income paid out
Sales & admin spending
22.6%
of revenue
Days sales outstanding
57 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in industrial machinery & supplies & components
Last 12 months unless stated FELE GGG KMT ATS RBC MSA Median
Revenue, last 12 months $2.3bn $2.3bn $2.4bn $2.2bn $2.0bn $1.9bn $1.4bn
Revenue growth, last 12 months 7.3% 5.4% 19.8% 18.1% 17.4% 6.5% 8.3%
Revenue growth, 3-year average 2.8% 1.9% 4.3% — 10.0% 5.2% 4.0%
Revenue growth, latest quarter 8.9% 7.9% 42.6% — 15.2% 6.2% 9.1%
Gross margin 35.4% 52.0% 41.2% 28.6% 45.5% 47.6% 35.2%
Operating margin 12.4% 26.8% 20.1% 6.7% 24.4% 21.2% 13.1%
Operating margin, 3-year average 12.4% 27.5% 11.9% — 23.0% 20.8% 13.7%
Net margin 8.8% 22.4% 14.5% 2.4% 17.5% 16.1% 8.9%
Cash from operations / revenue 10.8% 28.6% −0.2% 15.1% 24.0% 20.9% 11.9%
Free-cash-flow margin 8.5% 26.0% −3.4% 14.0% 19.7% 18.2% 8.8%
Free-cash-flow margin, 3-year average 9.8% 25.4% 3.6% — 17.8% 16.9% 9.8%
Stock pay / revenue 0.6% 1.4% 1.5% 0.2% 1.7% 1.0% 0.8%
Change in share count −2.6% −2.4% −0.6% 0.2% 0.7% −1.1% −0.0%

Median of all 76 companies we cover in industrial machinery & supplies & components. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

76 industrial machinery & supplies & components companies
Measure Company Peer median Rank
Revenue growth Growth 7.3% 8.3% 44 of 75
Change in growth rate Growth -0.1pp +1.2pp 53 of 75
Gross margin Profitability 35.4% 35.4% 35 of 70
Operating margin Profitability 12.4% 13.0% 39 of 75
Net margin Profitability 8.8% 8.9% 39 of 76
Free-cash-flow margin Cash generation 8.5% 9.1% 39 of 76
Stock pay as % of revenue Cash generation 0.6% 0.8% 21 of 70
Long-term debt as % of assets Balance sheet 16.4% 23.4% 17 of 59
Change in share count Balance sheet -2.6% -0.0% 9 of 73
Days sales outstanding Balance sheet 57 days 63 days 24 of 65

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue Share YoY
United States $1.4B 67.9% ▲ 3.3%
Outside the US $685M 32.1% ▲ 10.3%

From Franklin Electric Co Inc's 10-K filed February 20, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$4.3B
Institutions reporting
394
Shares held vs prior quarter
▲ 2.2%
Positions opened / closed
41 / 22

Top buyers and sellers, Q2 2026: 195 institutions bought and 153 sold ; the biggest buyer was Earnest Partners LLC (+219K shares) and the biggest seller Allspring Global Investments Holdings, LLC (−313K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $698M 6.5M 16.4% ▲ 0.8%
Vanguard Portfolio Management LLC $256M 2.4M 6.0% ▲ 1.5%
State Street Corp $210M 2.0M 4.9% ▲ 3.7%
Morgan Stanley $191M 1.8M 4.5% ▼ 10.3%
Vanguard Capital Management LLC $182M 1.7M 4.3% ▼ 0.6%
Earnest Partners LLC $144M 1.3M 3.4% ▲ 19.5%
Allspring Global Investments Holdings, LLC $135M 1.3M 3.2% ▼ 19.7%
Impax Asset Management Group PLC $126M 1.2M 3.0% ▼ 9.3%
Dimensional Fund Advisors LP $118M 1.1M 2.8% ▲ 9.2%
Geode Capital Management, LLC $110M 1.0M 2.6% ▲ 4.1%
King Luther Capital Management Corp $107M 995K 2.5% ▼ 0.2%
First Trust Advisors LP $105M 981K 2.5% ▼ 23.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Franklin Electric Co Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $46,670 1 trade by 1 insider, last 12 months Insider sales History → $3.1M 8 trades by 3 insiders · 0% under pre-set plans
Net ▼ $3.1M net selling
Insider Date Trade Shares Price Value
Grandon Jonathan M. Chief Administrative Officer June 9, 2026 Sell 8,547 $103.40 $883,760
Davis Delancey W President, Headwater Companies May 26, 2026 Sell 1,900 $100.00 $190,000
Grandon Jonathan M. Chief Administrative Officer May 22, 2026 Sell 4,200 $98.23 $412,566
Davis Delancey W President, Headwater Companies May 1, 2026 Sell 200 $98.78 $19,756
Grandon Jonathan M. Chief Administrative Officer April 30, 2026 Sell 3,284 $99.72 $327,480
Grandon Jonathan M. Chief Administrative Officer April 30, 2026 Sell 1,704 $100.61 $171,439
Ruzynski Joseph A. CEO February 19, 2026 Buy 500 $93.34 $46,670
Sengstack Gregg C Director December 11, 2025 Sell 1,000 $97.33 $97,330
Sengstack Gregg C Director December 11, 2025 Sell 10,779 $97.03 $1M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around February 16, 2027 estimated from the company's past filing pattern, not announced

  • October 28, 2026
  • July 28, 2026
  • April 28, 2026
  • February 17, 2026
  • October 28, 2025
  • July 29, 2025

Recent SEC filings

Data status

When each part of this page on Franklin Electric Co Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Franklin Electric Co Inc in brief

What does Franklin Electric Co Inc do?
Franklin Electric Co Inc is a US-listed company in the industrial machinery & supplies & components industry. Its financial year ends in December.
What is Franklin Electric Co Inc's stock ticker?
Franklin Electric Co Inc trades under the ticker FELE on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Franklin Electric Co Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Franklin Electric Co Inc reported revenue of $2.3B, 7.3% higher than a year earlier, according to its SEC filings.
What is Franklin Electric Co Inc's free cash flow?
Franklin Electric Co Inc's free-cash-flow margin is 8.5% of revenue over the trailing twelve months, ranking 39 of the 76 industrial machinery & supplies & components companies we cover.
What is Franklin Electric Co Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Franklin Electric Co Inc's free cash flow after stock-based pay gives ~$90 per share in the base case, and ~$65–$120 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Franklin Electric Co Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and State Street Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Franklin Electric Co Inc buying back stock, and does it pay a dividend?
Franklin Electric Co Inc spent $61.1M on share repurchases over the trailing twelve months, and its diluted share count fell 2.6% over the year.
What is Franklin Electric Co Inc's market cap?
On November 2, 2026, Franklin Electric Co Inc's market capitalisation was about $4.5B, with a price-to-earnings ratio of 22.4 and net debt of $402M. Market figures come from third-party market data and may be delayed.
Does Franklin Electric Co Inc pay a dividend?
Yes: Franklin Electric Co Inc paid $50.1M in dividends over the trailing twelve months, a dividend yield of 1.13% and a payout ratio of 25.1%.
How much debt does Franklin Electric Co Inc have?
Franklin Electric Co Inc's debt-to-equity ratio is 38.8%, from its latest balance sheet (9.4% five years earlier). The financial health section below sets out its other solvency checks.
Who are Franklin Electric Co Inc's competitors?
In our Industrial Machinery & Supplies & Components peer group, the companies closest to Franklin Electric Co Inc are Graco Inc, Kennametal Inc, ATS Corp, RBC Bearings Inc and MSA Safety Inc. The side-by-side comparison below sets their revenue, margins and growth against Franklin Electric Co Inc's.
Are insiders buying or selling Franklin Electric Co Inc stock?
Over the last 12 months, Franklin Electric Co Inc's directors and officers reported 1 open-market purchases and 8 sales on Form 4. The insider trading page charts every trade.
When is Franklin Electric Co Inc's next earnings date?
Around February 16, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Franklin Electric Co Inc announces its own schedule.