Franklin Electric Financial Statements
NASDAQ: FELEConsumer DiscretionaryMetal FabricationsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Franklin Electric revenue and earnings
In fiscal 2025, Franklin Electric generated $2.13 billion in revenue, up 5.4% from fiscal 2024. Net income was $147.1 million (-18.4% year over year), for a net margin of 6.9% versus a median of 9.2% in the prior 5 years. Gross margin was 35.5% (flat year over year) and operating margin 12.6%.
Diluted earnings per share came in at $3.22, down from $3.86. Over the last 5 fiscal years, FELE's revenue has grown at a 11.3% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Franklin Electric income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.13B | 2.02B | 2.07B | 2.04B | 1.66B | 1.25B | 1.31B | 1.30B | 1.12B | 949.86M |
| Revenue growth (YoY) | +5.44% | -2.12% | +1.05% | +22.98% | +33.23% | -5.12% | +1.27% | +15.40% | +18.43% | +2.70% |
| 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 | 691.43M | 576.09M | 433.14M | 428.10M | 432.37M | 376.98M | 331.41M |
| Operating Expenses | 486.95M | 473.63M | 434.57M | 434.25M | 386.90M | 302.63M | 300.97M | 300.37M | 269.75M | 219.34M |
| Research & Development | 20.00M | 21.50M | 17.70M | 16.70M | 17.30M | 21.70M | 20.80M | 22.10M | 20.80M | 21.50M |
| Selling, General & Admin | 486.23M | 470.14M | 433.48M | 432.08M | 386.27M | 300.12M | 298.45M | 298.71M | 265.45M | 219.93M |
| Operating Income | 268.98M | 243.65M | 262.44M | 257.19M | 189.19M | 130.51M | 127.13M | 131.99M | 107.23M | 112.07M |
| Interest Expense | 10.64M | 6.32M | 11.79M | 11.53M | 5.20M | 4.63M | 8.24M | 9.84M | 10.32M | 8.73M |
| Other Income (Expense) | 585.00K | 1.34M | 3.70M | -3.20M | 7.98M | -795.00K | -412.00K | -1.04M | 6.66M | -282.00K |
| Pretax Income | 194.65M | 231.85M | 242.22M | 235.23M | 189.71M | 123.70M | 116.83M | 120.41M | 104.59M | 104.11M |
| Income Tax | 45.96M | 50.24M | 47.49M | 46.42M | 34.73M | 22.54M | 20.84M | 14.89M | 25.99M | 24.80M |
| Net Income | 147.09M | 180.31M | 193.27M | 187.33M | 153.86M | 100.46M | 95.48M | 105.88M | 78.18M | 78.75M |
| Net Income growth (YoY) | -18.42% | -6.71% | +3.17% | +21.75% | +53.16% | +5.21% | -9.82% | +35.43% | -0.72% | +7.95% |
| EPS (Basic) | 3.25 | 3.92 | 4.17 | 4.02 | 3.29 | 2.16 | 2.04 | 2.25 | 1.67 | 1.67 |
| EPS (Diluted) | 3.22 | 3.86 | 4.11 | 3.97 | 3.25 | 2.14 | 2.03 | 2.23 | 1.65 | 1.65 |
| Shares Outstanding (Basic) | 45.00M | 45.90M | 46.20M | 46.30M | 46.40M | 46.20M | 46.40M | 46.60M | 46.50M | 46.20M |
| Shares Outstanding (Diluted) | 45.50M | 46.50M | 46.90M | 47.00M | 47.00M | 46.70M | 46.80M | 47.00M | 47.00M | 46.70M |
| EBITDA | 331.85M | 299.72M | 314.70M | 307.56M | 233.76M | 167.00M | 164.11M | 170.60M | 145.73M | 147.60M |
| Gross Margin | 35.47% | 35.49% | 33.75% | 33.83% | 34.67% | 34.73% | 32.57% | 33.31% | 33.51% | 34.89% |
| Operating Margin | 12.62% | 12.05% | 12.71% | 12.58% | 11.38% | 10.46% | 9.67% | 10.17% | 9.53% | 11.80% |
| Net Margin | 6.90% | 8.92% | 9.36% | 9.17% | 9.26% | 8.05% | 7.26% | 8.16% | 6.95% | 8.29% |
This table shows 10 annual periods of Franklin Electric's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow FELE's reporting calendar. What is a income statement?