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Franklin Electric FELE Water Systems — Cost of Sales

Other segment segments

Distribution
$109.9M+7.3%
Energy Systems
$37.3M+8.7%

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Other financials

Income statement

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Revenue$500.4M+9.9%
Gross profit$175.0M+6.8%
Operating income$48.1M+9.0%
Net income$34.3M+10.9%
EPS (diluted)$0.77+14.9%

Balance sheet

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Cash & equivalents$80.4M-4.3%
Total debt$380.3M+1.6%
Total equity$1.3B+3.3%
Total assets$2.0B+3.5%

Cash flow

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Operating cash flow-$40.9M-110%
CapEx$9.5M+38.7%
Free cash flow-$50.4M-91.4%

Valuation

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Market cap$4.6B-5.3%

Profitability

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Gross margin35.2%-0.4pp
Operating margin12.5%+0.6pp
Net margin6.9%-1.9pp
FCF margin7.8%-2.3pp

Returns & leverage

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Return on equity11.4%-2.8pp
Debt / equity0.3×0.0×
Current ratio2.7×+0.7×

Where this comes from

Reported directly by Franklin Electric in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Franklin Electric’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Franklin Electric's water systems — cost of sales?
Franklin Electric (FELE) reported water systems — cost of sales of $214.3M in Q1 2026.
How has Franklin Electric's water systems — cost of sales changed year-over-year?
Franklin Electric's water systems — cost of sales increased by 12.0% year-over-year, from $191.3M to $214.3M.
What is the long-term trend for Franklin Electric's water systems — cost of sales?
Over 3 years (2022 to 2025), Franklin Electric's water systems — cost of sales has grown at a 1.2% compound annual growth rate (CAGR), from $801.8M to $830.2M.
What does water systems — cost of sales mean?
The direct costs associated with manufacturing and distributing the products sold by the Water Systems segment, including raw materials, direct labor, and manufacturing overhead. Monitoring this metric is essential for evaluating the production efficiency and gross margin potential of the segment.