When did Franklin Electric report Q1 2024 earnings?

Franklin Electric (FELE) reported Q1 2024 earnings on April 30, 2024 before market open.

What were Franklin Electric's Q1 2024 revenue and EPS?

Franklin Electric reported revenue of $460.9M and eps of $0.70 for Q1 2024.

Did Franklin Electric beat estimates in Q1 2024?

Revenue missed the consensus estimate of $477.6M by $16.7M. EPS missed the consensus estimate of $0.74 by $0.04.

Where can I find Franklin Electric's Q1 2024 SEC filings?

You can read the 10-Q periodic report (0000038725-24-000078) directly on SEC EDGAR. The filing index links above go to sec.gov.

Franklin Electric FELE Q1 2024 earnings

Reported April 30, 2024 · Before market open

Revenue$460.9MMiss by $16.7M

EPS$0.70Miss by $0.04

Revenue estimate$477.6M

EPS estimate$0.74

Next report

Oct 27, 2026 (in 3 months)

Revenue estimate$602.8M

EPS estimate$1.42

Financials

Q1 2024

Income statement

See full

Revenue$460.9M-4.9%

Gross profit$163.6M+0.8%

Operating income$47.9M-8.9%

Net income$33.0M-11.7%

EPS (diluted)$0.70-11.4%

Balance sheet

See full

Cash & equivalents$65.3M+25.9%

Total debt$195.9M-61.2%

Total equity$1.2B+11.7%

Total assets$1.8B-1.7%

Cash flow

See full

Operating cash flow-$1.4M+88.7%

CapEx$9.2M-4.0%

Free cash flow-$10.5M+51.1%

Valuation & ratios

Valuation

as of 03/31/24

See full

Market cap$4.92B+13.2%

Enterprise value$5.05B+5.2%

P/E26.1×+3.7×

P/S2.4×+0.3×

Profitability

See full

Gross margin34.2%+0.1pp

Operating margin12.6%-0.4pp

Net margin9.3%-0.1pp

FCF margin14%+8.7pp

Returns & leverage

See full

Return on equity16.3%-2.6pp

Debt / equity0.2×-0.3×

Current ratio2.9×+0.9×

Segments

By geography

See full

United States & Canada$331.7M-6.9%

EMEA$52.3M+3.8%

Latin America$41.3M+2.5%

Asia Pacific$20.3M+8.0%

All Other$15.3M-18.2%

By segment

See full

Consolidated$460.9M-4.9%

Water Systems$286.6M-6.5%

Distribution$147.0M+2.8%

Energy Systems$62.1M-16.2%

Versus estimates

Revenue

Q2 2026$622.9MBeat by $17.0M Q1 2026$500.4MBeat by $21.2M Q4 2025$506.9MMiss by $9.3M Q3 2025$581.7MBeat by $18.5M Q2 2025$587.4MBeat by $23.6M Q1 2025$455.2MMiss by $113.6M

Diluted EPS

Q2 2026$1.55Beat by $0.11 Q1 2026$0.83Beat by $0.06 Q4 2025$0.87Miss by $0.02 Q3 2025$1.30Beat by $0.01 Q2 2025$1.31Beat by $0.03 Q1 2025$0.67Miss by $0.06

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Questions, answered.

When did Franklin Electric report Q1 2024 earnings?: Franklin Electric (FELE) reported Q1 2024 earnings on April 30, 2024 before market open.
What were Franklin Electric's Q1 2024 revenue and EPS?: Franklin Electric reported revenue of $460.9M and eps of $0.70 for Q1 2024.
Did Franklin Electric beat estimates in Q1 2024?: Revenue missed the consensus estimate of $477.6M by $16.7M. EPS missed the consensus estimate of $0.74 by $0.04.
Where can I find Franklin Electric's Q1 2024 SEC filings?: You can read the 10-Q periodic report (0000038725-24-000078) directly on SEC EDGAR. The filing index links above go to sec.gov.