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%
Market cap
$4.2B
P/E
21.3×
Fwd P/E
21.1×
Dividend yield
1.17%
F-score
5/9
Altman Z
6.88
Beneish M
−2.58
Dividend safety
96/100

Franklin Electric Co., Inc. (FELE) Debt to equity

Alert me on Debt to equity

Franklin Electric Co., Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.4×, up 0.3× from fiscal 2025 (0.1×). Over the past ten years it has ranged from 0.1× (fiscal 2023) to 0.4× (fiscal 2015); the current reading is higher than 36% of that period. That is above the Specialty Industrial Machinery industry median of 0.3× and above the Industrials sector median of 0.3×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.1× 23.53%
FY2024 0.1× 22.89%
FY2023 0.1× (58.89%)
FY2022 0.2× 1.61%
FY2021 0.2× 78.69%
FY2020 0.1× (22.78%)
FY2019 0.1× (48.64%)
FY2018 0.3× (12.84%)
FY2017 0.3× 4.01%
FY2016 0.3× (21.62%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.4× 124.67%
Jun 2026 0.2× 3.17%
Mar 2026 0.2× 32.54%
Dec 2025 0.1× (18.50%)
43 more quarters

Against its own ten years

Low 0.1× High 0.4×
Ten-year median 0.2×
Current reading's percentile 36

Debt to equity against peers

Company Debt to equity
XE X-Energy, Inc. compare 0.0×
NPO Enpro Inc. compare 0.3×
FELE Franklin Electric Co., Inc. 0.4×
MWA MUELLER WATER PRODUCTS compare 0.4×
KAI Kadant Inc compare 0.4×
GTES Gates Industrial Corporation PLC compare 0.6×
MIR Mirion Technologies, Inc. compare 0.7×
CSW CSW Industrials, Inc. compare 0.7×
MIDD The Middleby Corporation compare 0.9×
Specialty Industrial Machinery industry median 0.3×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on FELE