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Franklin Electric FELE Energy Systems — Operating Income (Loss)

Other segment segments

Water Systems
$65.2M+5.5%
Distribution
$19.7M+22.4%

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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:OperatingIncomeLoss.

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
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$112.8
Reconciliation of segment operating income to income before income taxes
Deferred intersegment profit$(0.1)
Corporate general and administrative expenses(19.1)
Interest expense(3.5)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Franklin Electric's energy systems — operating income (loss)?
Franklin Electric (FELE) reported energy systems — operating income (loss) of $27.9M in Q2 2026.
How has Franklin Electric's energy systems — operating income (loss) changed year-over-year?
Franklin Electric's energy systems — operating income (loss) decreased by 4.1% year-over-year, from $29.1M to $27.9M.
What is the long-term trend for Franklin Electric's energy systems — operating income (loss)?
Over 3 years (2022 to 2025), Franklin Electric's energy systems — operating income (loss) has grown at a 0.8% compound annual growth rate (CAGR), from $96.8M to $99.1M.
What does energy systems — operating income (loss) mean?
Measures the profitability of the Energy Systems segment by subtracting cost of sales, operating expenses, and restructuring charges from net sales. This metric serves as the primary gauge of the segment's core operational performance, excluding interest and tax effects. It indicates how effectively the segment converts its revenue into profit through its primary business activities.

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