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Franklin Electric FELE Energy Systems — Cost of Sales

Other segment segments

Water Systems
$230.7M+3.5%
Distribution
$161.5M+10.2%

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Other financials

Income statement

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Revenue$622.9M+6.0%
Gross profit$230.6M+8.9%
Operating income$93.6M+6.2%
Net income$65.7M+9.3%
EPS (diluted)$1.46+11.5%

Balance sheet

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Cash & equivalents$97.3M-7.0%
Total debt$416.8M-32.4%
Total equity$1.4B+11.5%
Total assets$2.2B+6.6%

Cash flow

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Operating cash flow$99.6M+93.5%
CapEx$10.9M-5.8%
Free cash flow$88.7M+122%

Valuation

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Market cap$4.83B+15.5%
Enterprise value$5.15B+9.7%
P/E31×+7.6×
P/S2.2×+0.2×

Profitability

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Gross margin35.5%+0.1pp
Operating margin12.6%+0.5pp
Net margin7.1%-1.7pp
FCF margin9.9%-0.7pp

Returns & leverage

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Return on equity11.7%-2.7pp
Debt / equity0.3×-0.2×
Current ratio2.4×+0.7×

Where this comes from

Reported directly by Franklin Electric in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Franklin Electric’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 10:51 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000038725-26-000055
Second Quarter Ended June 30, 2026Water SystemsDistributionEnergy SystemsTotal
$358.5$221.1$80.2$659.8
Elimination of intersegment sales$(36.9)
Total consolidated sales$622.9
Cost of sales$230.7$161.5$36.9
Selling, general and administrative expenses62.239.910.9
Restructuring expense0.4
Legal settlement loss (see Note 7)4.5
Segment operating income$65.2$19.7$27.9$112.8

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Franklin Electric's energy systems — cost of sales?
Franklin Electric (FELE) reported energy systems — cost of sales of $36.9M in Q2 2026.
How has Franklin Electric's energy systems — cost of sales changed year-over-year?
Franklin Electric's energy systems — cost of sales decreased by 3.4% year-over-year, from $38.2M to $36.9M.
What is the long-term trend for Franklin Electric's energy systems — cost of sales?
Over 3 years (2022 to 2025), Franklin Electric's energy systems — cost of sales has grown at a -6.4% compound annual growth rate (CAGR), from $191M to $156.5M.
What does energy systems — cost of sales mean?
Includes all direct costs associated with the production and delivery of goods sold by the Energy Systems segment, such as raw materials, direct labor, and manufacturing overhead. This metric is a key driver of gross margin and reflects the segment's operational efficiency in manufacturing. Monitoring this helps evaluate the impact of supply chain costs and production scalability.

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