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Franklin Electric Co
(NASDAQ:FELE)
Franklin Electric Co (FELE) vs. SPDR S&P 500 ETF (SPY)
Franklin Electric Co Business Overview & Revenue Model
Franklin Electric Co Earnings Call Summary
Franklin Electric Co Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.02B | 2.07B | 2.04B | 1.66B | 1.25B |
| Gross Profit | 717.28M | 697.01M | 691.43M | 576.09M | 433.14M |
| EBITDA | 294.24M | 306.27M | 319.13M | 253.28M | 176.51M |
| Net Income | 179.61M | 193.27M | 187.33M | 153.86M | 100.46M |
Balance Sheet | |||||
| Total Assets | 1.82B | 1.73B | 1.69B | 1.58B | 1.27B |
| Cash, Cash Equivalents and Short-Term Investments | 220.54M | 84.96M | 45.79M | 40.54M | 130.79M |
| Total Debt | 191.62M | 156.28M | 264.84M | 236.77M | 126.47M |
| Total Liabilities | 550.77M | 517.83M | 623.40M | 626.54M | 422.36M |
| Stockholders Equity | 1.27B | 1.21B | 1.07B | 946.48M | 847.83M |
Cash Flow | |||||
| Free Cash Flow | 219.67M | 274.30M | 59.77M | 99.65M | 189.00M |
| Operating Cash Flow | 261.35M | 315.71M | 101.67M | 129.76M | 211.85M |
| Investing Cash Flow | -45.63M | -74.29M | -43.07M | -264.81M | -78.81M |
| Financing Cash Flow | -74.07M | -192.19M | -48.47M | 50.89M | -66.58M |
Franklin Electric Co Technical Analysis
Franklin Electric Co Risk Analysis
Franklin Electric Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $8.45B | 41.80 | 15.24% | ― | 10.78% | 30.05% | |
75 Outperform | $3.94B | 27.48 | 17.68% | 1.05% | 10.96% | 43.44% | |
74 Outperform | $7.17B | 25.72 | 14.00% | 1.53% | 4.23% | 20.40% | |
73 Outperform | $4.24B | 24.28 | 14.11% | 1.11% | -1.26% | -4.84% | |
73 Outperform | $1.08B | 20.78 | 13.70% | 1.79% | 2.60% | 51.33% | |
70 Outperform | $5.09B | ― | -0.68% | ― | 7.25% | 87.34% | |
67 Neutral | CHF7.02B | 25.57 | 14.57% | 2.27% | -2.32% | -30.70% |
Franklin Electric Co Corporate Events
On July 7, 2025, Franklin Electric Co. appointed Jennifer Wolfenbarger as the new Vice President, Chief Financial Officer, and Chief Accounting Officer, following the interim tenure of Russell Fleeger. Wolfenbarger, who has extensive experience in financial leadership roles at major manufacturing companies, will play a crucial role in shaping the company’s financial future and supporting its growth and innovation initiatives. Her appointment is expected to bring significant value to Franklin Electric’s operations, stakeholders, and market positioning.
The most recent analyst rating on (FELE) stock is a Hold with a $90.00 price target. To see the full list of analyst forecasts on Franklin Electric Co stock, see the FELE Stock Forecast page.
On June 9, 2025, Franklin Electric’s Board of Directors approved an increase in the company’s share repurchase authorization, allowing for the repurchase of up to 1,126,635 shares of common stock. This decision followed the successful acquisition of 1,200,000 shares from the Patricia Schaefer Settlement Trust at a price of $86.78 per share. The transaction not only provided liquidity for the Schaefer estate but also demonstrated Franklin Electric’s confidence in its financial stability and future prospects.
The most recent analyst rating on (FELE) stock is a Hold with a $90.00 price target. To see the full list of analyst forecasts on Franklin Electric Co stock, see the FELE Stock Forecast page.
On May 14, 2025, Franklin Electric Co., Inc. entered into a Fifth Amended and Restated Credit Agreement with JPMorgan Chase Bank and Bank of America, extending the maturity date of its previous credit agreement to May 14, 2030, while maintaining a revolving commitment of $350 million. This agreement allows for an increase in aggregate revolving commitments up to $525 million and includes various financial covenants and conditions, such as a maximum leverage ratio and interest coverage ratio, which are designed to enhance the company’s financial flexibility and stability.
The most recent analyst rating on (FELE) stock is a Hold with a $90.00 price target. To see the full list of analyst forecasts on Franklin Electric Co stock, see the FELE Stock Forecast page.
On May 2, 2025, Franklin Electric Co. appointed Jennifer L. Sherman as Chairperson of the Board, with her term expiring at the 2026 Annual Meeting of Shareholders. Sherman, who has been a director since 2015, is expected to further develop Franklin’s strategy. Additionally, on May 7, 2025, Mark A. Carano was appointed as a director, with his term expiring at the 2027 Annual Meeting. Carano’s extensive experience in finance and manufacturing is anticipated to contribute significantly to Franklin Electric’s growth through acquisitions, enhancing its industry positioning.
On May 6, 2025, Franklin Electric Co., Inc. posted quarterly presentation materials on its website for use in investor communications and conferences. This move is intended to enhance transparency and provide stakeholders with updated insights into the company’s operations and strategic positioning.
On April 23, 2025, Gregg C. Sengstack retired as Executive Chairperson of Franklin Electric Co., Inc., though he will remain on the Board of Directors. A Retirement and Consulting Agreement was established, providing Mr. Sengstack with financial compensation, a consulting role, and various benefits. Additionally, Franklin Electric held its 2025 annual meeting of shareholders on May 2, 2025, where key proposals, including the election of directors and ratification of Deloitte & Touche LLP as the independent auditor, were approved.
On April 29, 2025, Franklin Electric Co. posted its quarterly presentation materials on its website for the Q1 2025 earnings call. The presentation, which is part of a Current Report on Form 8-K, provides insights into the company’s financial performance and strategic direction, although it is not considered ‘filed’ under the Securities Exchange Act of 1934.