SequelSEC

FRANKLIN ELECTRIC CO INC FELE

Motors & Generators · CIK 0000038725 · Fiscal year ends 1231

Revenue
$2.13B
Fiscal year ended 2025-12-31
Operating income
$268.98M
Fiscal year ended 2025-12-31
Free cash flow
$193.54M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$3.94BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$89.17Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income26.8×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue1.8×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity3.0×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

26.8× earnings today, against a median of 24.1× across 10 years on record. Above its own history.

Float measuredPublic floatFloat / net income
2025-06-30$3.94B26.8×
2024-06-30$4.39B24.3×
2023-06-30$4.74B24.5×
2022-06-30$3.37B18.0×
2021-06-30$3.73B24.2×
2020-06-30$2.40B23.9×
2019-06-30$2.18B22.8×
2018-06-30$2.08B19.6×
2017-06-30$1.90B24.4×
2016-07-01$1.53B19.4×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

FRANKLIN ELECTRIC CO INC (FELE) reported revenue of $2.13B and net income of $147.09M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from FRANKLIN ELECTRIC CO INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Motors & Generators.

Income

FRANKLIN ELECTRIC CO INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$2.13B$2.02B$2.07B$2.04B$1.66B$1.25B$1.31B$1.30B$1.12B$949.86M
Cost of revenue$1.38B$1.30B$1.37B$1.35B$1.09B$814.19M$886.48M$865.76M$747.93M$618.45M
Gross profit$755.92M$717.28M$697.01M$691.44M$576.09M$433.14M$428.10M$432.37M$376.98M$331.41M
Operating income$268.98M$243.64M$262.44M$257.19M$189.19M$130.51M$127.13M$131.99M$107.23M$112.07M
Net income$147.09M$180.31M$193.27M$187.33M$153.86M$100.46M$95.48M$105.88M$78.18M$78.74M
Research & development$20.00M$21.50M$17.70M$16.70M$17.30M$21.70M$20.80M$22.10M$20.80M$21.50M
Weighted-average diluted sharesshares 45.50Mshares 46.50Mshares 46.90Mshares 47.00Mshares 47.00Mshares 46.70Mshares 46.80Mshares 47.00Mshares 47.00Mshares 46.70M
Pretax income$194.65M$231.85M$242.22M$235.23M$189.71M$123.70M$116.84M$120.41M$104.59M$104.11M
Income tax expense$45.96M$50.24M$47.49M$46.42M$34.73M$22.54M$20.84M$14.89M$25.99M$24.80M
Diluted EPS$3.22$3.86$4.11$3.97$3.25$2.14$2.03$2.23$1.65$1.65
Selling, general & administrative$486.23M$470.14M$433.48M$432.08M$386.28M$300.12M$298.45M$298.71M$265.45M$219.93M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

FRANKLIN ELECTRIC CO INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$99.66M$220.54M$84.96M$45.79M$40.54M$130.79M$64.40M$59.17M$67.23M$104.33M
Total assets$1.94B$1.82B$1.73B$1.69B$1.58B$1.27B$1.19B$1.18B$1.19B$1.04B
Current assets$958.63M$964.19M$853.80M$858.09M$724.65M$619.25M$567.44M$579.88M$589.13M$483.82M
Total liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current liabilities$344.05M$433.73M$287.04M$405.77M$396.01M$203.70M$185.76M$255.86M$245.90M$157.76M
Total equity incl. NCI$1.33B$1.27B$1.21B$1.07B$948.66M$849.95M$798.67M$735.83M$702.62M$615.09M
Temporary (mezzanine) equity$1.66M$1.22M$1.14M$620.00K-$19.00K-$245.00K-$236.00K$518.00K$1.50M$7.65M
Inventory$552.98M$483.88M$508.70M$544.98M$449.98M$300.93M$300.25M$314.05M$312.32M$203.47M
Accounts receivable$247.51M$226.83M$222.42M$230.40M$196.17M$159.83M$173.33M$172.90M$171.01M$146.00M
Goodwill$398.13M$338.50M$342.40M$328.00M$329.60M$266.70M$256.10M$248.70M$236.80M$199.60M
Long-term debt$135.18M$11.62M$88.06M$89.27M$90.54M$91.97M$93.14M$94.38M$125.60M$156.54M
Accounts payable$174.95M$157.05M$152.42M$139.27M$164.76M$95.90M$82.59M$76.65M$79.35M$63.93M

Cash flow

FRANKLIN ELECTRIC CO INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$238.88M$261.35M$315.71M$101.67M$129.76M$211.85M$177.68M$128.44M$66.75M$115.37M
Capital expenditures$45.34M$41.68M$41.42M$41.90M$30.12M$22.86M$21.86M$22.43M$33.48M$39.14M
Investing cash flow-$157.12M-$45.63M-$74.29M-$43.07M-$264.80M-$78.81M-$41.81M-$66.29M-$84.70MUnavailable
Financing cash flow-$197.31M-$74.07M-$192.19M-$48.47M$50.89M-$66.58M-$126.65M-$66.79M-$22.58M-$51.70M
Net change in cash-$120.88M$135.58M$39.17M$5.25M-$90.25M$66.38M$5.23M-$8.06M-$37.10M$22.77M
Stock-based compensation$13.20M$12.06M$10.13M$10.97M$11.73M$10.07M$8.96M$8.45M$7.11M$6.89M
Common dividends paid$50.00M$46.88M$41.72M$36.99M$33.40M$29.68M$27.67M$22.61M$20.29M$19.14M
Common share repurchases$165.62M$61.04M$43.33M$40.49M$25.95M$19.55M$10.74M$34.19M$3.62M$7.42M
Depreciation & amortization$62.88M$56.07M$52.26M$50.37M$44.57M$36.49M$36.98M$38.60M$38.51M$35.53M

Derived

FRANKLIN ELECTRIC CO INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flow$193.54M$219.67M$274.30M$59.77M$99.65M$189.00M$155.82M$106.00M$33.27M$76.24M
Gross margin35.5%35.5%33.8%33.8%34.7%34.7%32.6%33.3%33.5%34.9%
Operating margin12.6%12.1%12.7%12.6%11.4%10.5%9.7%10.2%9.5%11.8%
FCF margin9.1%10.9%13.3%2.9%6.0%15.2%11.9%8.2%3.0%8.0%
SBC / revenue0.6%0.6%0.5%0.5%0.7%0.8%0.7%0.7%0.6%0.7%
Current ratio2.79x2.22x2.97x2.11x1.83x3.04x3.05x2.27x2.40x3.07x
Revenue YoY growth5.4%-2.1%1.0%23.0%33.2%-5.1%1.3%15.4%18.4%Unavailable
Net margin6.9%8.9%9.4%9.2%9.3%8.1%7.3%8.2%6.9%8.3%
R&D / revenue0.9%1.1%0.9%0.8%1.0%1.7%1.6%1.7%1.8%2.3%
CapEx / revenue2.1%2.1%2.0%2.1%1.8%1.8%1.7%1.7%3.0%4.1%
Long-term debt / equity0.10x0.01x0.07x0.08x0.10x0.11x0.12x0.13xUnavailable0.25x
Effective tax rate23.6%21.7%19.6%19.7%18.3%18.2%17.8%12.4%24.9%23.8%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FELE in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-28View SEC filing
10-Q · Filed 2026-07-29View SEC filing
10-Q · Filed 2026-04-29View SEC filing
10-K · Filed 2026-02-20View SEC filing
10-Q · Filed 2025-10-30View SEC filing
10-Q · Filed 2025-07-31View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.