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Franklin Electric FELE Energy Systems — Goodwill
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Where this comes from
Reported directly by Franklin Electric in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
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
| (In millions) | Water Systems | Energy Systems | Distribution | Consolidated |
|---|---|---|---|---|
| Balance as of December 31, 2025 | $277.0 | $70.5 | $50.6 | $398.1 |
| Acquisitions | 23.0 | — | 5.5 | 28.5 |
| Adjustments to prior year acquisitions | 0.2 | — | — | 0.2 |
| Foreign currency translation | 5.4 | (0.1) | — | 5.3 |
| Balance as of June 30, 2026 | $305.6 | $70.4 | $56.1 | $432.1 |
Item 1. Condensed Consolidated Financial Statements (Unaudited)
FAQ
- What is Franklin Electric's energy systems — goodwill?
- Franklin Electric (FELE) reported energy systems — goodwill of $70.4M in Q2 2026.
- How has Franklin Electric's energy systems — goodwill changed year-over-year?
- Franklin Electric's energy systems — goodwill decreased by 0.3% year-over-year, from $70.6M to $70.4M.
- What does energy systems — goodwill mean?
- Represents the premium paid over the fair value of net identifiable assets during the acquisition of businesses within the Energy Systems segment. It reflects intangible assets such as brand reputation, customer relationships, and proprietary technology that provide future economic benefits. Monitoring this balance is essential for assessing potential impairment risks related to the segment's long-term growth prospects.
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