Friday 6 November 2026
Export FELE’s income statement to Excel — free account
Franklin Electric Co., Inc.
FELE Industrials Specialty Industrial Machinery
Franklin Electric Co., Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.1 billion, up 5.44% from fiscal 2024.
- Revenue
- +8.92%
- EPS
- +273.3%
- Free cash flow
- −28.4%
- Total debt
- +174.4%
Quarter to September 2026, against a year earlier
95.88
4.16
−4.16%
Follow FELE
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 950 | 1,125 | 1,298 | 1,315 | 1,247 | 1,662 | 2,044 | 2,065 | 2,021 | 2,131 | 2,264 | +9.4% | 2,300 | 2,478 | 2,608 | +7.0% | |
| Gross margin, % | 34.89 | 33.51 | 33.31 | 32.57 | 34.73 | 34.67 | 33.83 | 33.75 | 35.49 | 35.47 | 35.39 | +0.6 pt | ||||||
| EBT | 104 | 105 | 120 | 117 | 124 | 190 | 235 | 242 | 232 | 195 | 264 | +7.2% | ||||||
| EBT margin, % | 10.96 | 9.30 | 9.28 | 8.89 | 9.92 | 11.42 | 11.51 | 11.73 | 11.47 | 9.13 | 11.67 | (1.8) pt | ||||||
| Net income | 79 | 79 | 106 | 96 | 101 | 155 | 189 | 195 | 182 | 149 | 201 | +7.2% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 20.56 | 24.19 | 27.86 | 28.33 | 27.00 | 35.82 | 44.14 | 44.70 | 44.04 | 47.36 | 51.22 | +9.7% | |||||
| Earnings | 1.67 | 1.67 | 2.25 | 2.04 | 2.16 | 3.29 | 4.02 | 4.17 | 3.92 | 3.25 | 4.51 | +7.7% | ||||||
| Cash flow | 2.50 | 1.44 | 2.76 | 3.83 | 4.59 | 2.80 | 2.20 | 6.83 | 5.69 | 5.31 | 5.51 | +8.7% | ||||||
| Capex | (0.72) | (0.72) | (0.47) | (0.45) | (0.49) | (0.63) | (0.90) | (0.86) | (0.88) | (0.94) | (1.09) | +3.1% | ||||||
| Free cash flow | 1.78 | 0.72 | 2.29 | 3.38 | 4.09 | 2.17 | 1.29 | 5.97 | 4.81 | 4.36 | 4.42 | +10.5% | ||||||
| Book value | 13.31 | 15.11 | 15.79 | 17.21 | 18.40 | 20.45 | 23.11 | 26.17 | 27.64 | 29.45 | 32.77 | +9.2% | ||||||
| Shares, m | 46 | 47 | 47 | 46 | 46 | 46 | 46 | 46 | 46 | 45 | 44 | (0.3%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 23.89 | 27.14 | 19.06 | 28.10 | 32.04 | 28.74 | 19.90 | 22.73 | 24.92 | 29.48 | 21.25 | 25.6 | |||||
| P/S | 1.93 | 1.86 | 1.54 | 2.02 | 2.56 | 2.64 | 1.81 | 2.13 | 2.21 | 2.02 | 1.87 | 2.1 | ||||||
| P/B | 2.98 | 2.98 | 2.72 | 3.33 | 3.76 | 4.63 | 3.45 | 3.63 | 3.53 | 3.24 | 2.93 | 3.4 | ||||||
| EV/Sales | 2.02 | 2.00 | 1.65 | 2.06 | 2.53 | 2.73 | 1.89 | 2.13 | 2.17 | 2.05 | 2.05 | 2.1 | ||||||
| EV/FCF | 23.31 | 67.31 | 20.10 | 17.30 | 16.72 | 45.07 | 64.66 | 15.97 | 19.84 | 22.23 | 23.75 | 31.3 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 115 | 67 | 128 | 178 | 212 | 130 | 102 | 316 | 261 | 239 | 243 | +8.4% | |||||
| Capex | (33) | (33) | (22) | (21) | (23) | (29) | (42) | (40) | (40) | (42) | (48) | +2.8% | ||||||
| Free cash flow | 82 | 33 | 107 | 157 | 189 | 101 | 60 | 276 | 221 | 196 | 195 | +10.2% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 326 | 343 | 324 | 382 | 416 | 329 | 452 | 567 | 530 | 615 | 690 | +7.3% | |||||
| Net debt | 86 | 159 | 147 | 51 | (36) | 148 | 170 | 15 | (91) | 67 | 402 | (2.7%) | ||||||
| Shareholders’ equity | 615 | 703 | 736 | 799 | 850 | 949 | 1,070 | 1,209 | 1,269 | 1,325 | 1,448 | +8.9% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 7.56 | 6.97 | 8.94 | 7.98 | 8.09 | 10.75 | 11.42 | 11.26 | 10.12 | 7.78 | 8.60 | +0.2 pt | |||||
| ROIC | 9.99 | 7.78 | 9.34 | 9.36 | 10.02 | 10.78 | 12.96 | 13.39 | 12.93 | 12.07 | 9.45 | +2.1 pt | ||||||
| ROE | 13.11 | 11.78 | 14.72 | 12.36 | 12.11 | 17.01 | 18.49 | 16.90 | 14.50 | 11.30 | 14.39 | (1.8) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 5,200 | 5,600 | 5,600 | 5,400 | 5,400 | 6,400 | 6,500 | 6,400 | 6,300 | 6,500 | — | +2.5% | |||||
| Revenue/emp, $m | 0.18 | 0.20 | 0.23 | 0.24 | 0.23 | 0.26 | 0.31 | 0.32 | 0.32 | 0.33 | — | +6.7% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026
Franklin Electric Co., Inc. vs peers in Specialty Industrial Machinery (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| GTES Gates Industrial Corporation PLC | $5.9B | 16.3× | 16.2× | +5.60% (above 0%: growing) | +9.68% (above 0%: growing) | −47.48% (below 0%: shrinking) | 42.42% | 14.53% | Compare |
| MIDD The Middleby Corporation | $5.9B | — (loss-making) | 21.5× | +9.88% (above 0%: growing) | −39.80% (below 0%: shrinking) | −544.63% (below 0%: shrinking) | 38.27% | 16.87% | Compare |
| NPO Enpro Inc. | $5.5B | 87.4× | 44.4× | +22.40% (above 0%: growing) | +84.55% (above 0%: growing) | +30.13% (above 0%: growing) | 43.67% | 18.04% | Compare |
| CSW CSW Industrials, Inc. | $4.5B | 35.2× | 30.1× | +30.51% (above 0%: growing) | +21.47% (above 0%: growing) | +56.64% (above 0%: growing) | 42.03% | 20.90% | Compare |
| FELE Franklin Electric Co., Inc. | $4.2B | 21.3× | 21.1× | +8.92% (above 0%: growing) | +273.30% (above 0%: growing) | −28.37% (below 0%: shrinking) | 35.36% | 13.65% | |
| MIR Mirion Technologies, Inc. | $4.2B | 146× | 113× | +24.52% (above 0%: growing) | +222.00% (above 0%: growing) | +255.64% (above 0%: growing) | 47.34% | 6.19% | Compare |
| MWA MUELLER WATER PRODUCTS | $3.9B | 17.2× | 15.6× | +4.10% (above 0%: growing) | +26.47% (above 0%: growing) | +70.92% (above 0%: growing) | 39.35% | 20.36% | Compare |
| XE X-Energy, Inc. | $3.7B | — | — | — | n/m | — | 100.00% | (201.52%) | Compare |
| KAI Kadant Inc | $3.5B | 30.0× | 26.4× | +15.32% (above 0%: growing) | +28.59% (above 0%: growing) | +15.90% (above 0%: growing) | 44.73% | 17.10% | Compare |
| Median of peers | $4.4B | 32.6× | 26.4× | +15.32% | +26.47% | +30.13% | 43.05% | 16.99% |
Pay and ownership Proxy statement filed 25 March 2026
Ownership
Directors and executive officers, together
2.89%
BlackRock, Inc.
14.34%
The Vanguard Group
9.80%
Diane D. Humphrey
6.05%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
Franklin Electric Co., Inc. (FELE) Latest News
3 Nov
28 Oct
10 Oct
8 Sep
28 Jul
29 Apr
FELE metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score