Franklin Electric Co Inc (FELE) FinancialsFELEFranklin Electric Co Inc

Franklin Electric Co., Inc. (FELE) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Water Systems, accounting for 57.6% of total sales, equivalent to $358.50M. Other significant revenue streams include Distribution and Fueling systems. Understanding this composition is critical for investors evaluating how FELE navigates market cycles within the Industrial Machinery & Equipment industry.

Evaluating the bottom line, Franklin Electric Co., Inc. maintains a gross margin of 37.02%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 15.82%, while the net margin is 10.61%. These profitability ratios, combined with a Return on Equity (ROE) of 11.63%, provide a clear picture of how effectively FELE converts its operational activities into shareholder value.

In the context of the broader market, FELE competes directly with industry leaders such as OII and EFXT. With a market capitalization of $4.32B, it holds a significant position in the sector. When comparing efficiency, FELE's gross margin of 37.02% stands against OII's 20.44% and EFXT's 23.88%. Such benchmarking helps identify whether Franklin Electric Co., Inc. is trading at a premium or discount relative to its financial performance.

Franklin Electric reported Q2 2026 sales of $622.88 million, a 6% increase from the previous year, and a gross margin of 37.02%, indicating strong profitability. The company has consistently shown growth in net income and revenue across recent quarters, with a notable increase in EPS to $1.55 in Q2 2026.