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Franklin Electric FELE Energy Systems — Net Sales

Other segment segments

Consolidated
$622.9M+6.0%
Water Systems
$358.5M+5.2%
Distribution
$221.1M+10.5%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
(In millions)
External sales$321.6$221.1$80.2$622.9
Intersegment sales36.936.9
$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

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Franklin Electric's energy systems — net sales?
Franklin Electric (FELE) reported energy systems — net sales of $80.2M in Q2 2026.
How has Franklin Electric's energy systems — net sales changed year-over-year?
Franklin Electric's energy systems — net sales increased by 3.5% year-over-year, from $77.5M to $80.2M.
What is the long-term trend for Franklin Electric's energy systems — net sales?
Over 3 years (2022 to 2025), Franklin Electric's energy systems — net sales has grown at a -3.6% compound annual growth rate (CAGR), from $334.1M to $299M.
What does energy systems — net sales mean?
Represents the total revenue generated from the sale of products and services within the Energy Systems segment, net of returns, allowances, and discounts. This is the primary indicator of the segment's market demand and top-line performance. Growth in this metric demonstrates the segment's ability to capture market share and effectively monetize its energy-related offerings.

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