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Franklin Electric FELE Water Systems — D&A

Other segment segments

Intersegment Eliminations/Other
$3.5M+9.4%
Distribution
$2.6M+13.0%
Energy Systems
$1.1M0.0%

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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:DepreciationDepletionAndAmortization.

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)Second Quarter Ended / June 30, 2026Second Quarter Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Depreciation and amortization
Water Systems$12.9$11.6$25.2$21.8
Distribution2.62.34.94.7
Energy Systems1.11.12.12.1
Total segment depreciation and amortization$16.6$15.0$32.2$28.6
Corporate0.80.81.71.6
Total depreciation and amortization$17.4$15.8$33.9$30.2
Capital Expenditures

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Franklin Electric's water systems — D&A?
Franklin Electric (FELE) reported water systems — D&A of $12.9M in Q2 2026.
How has Franklin Electric's water systems — D&A changed year-over-year?
Franklin Electric's water systems — D&A increased by 11.2% year-over-year, from $11.6M to $12.9M.
What is the long-term trend for Franklin Electric's water systems — D&A?
Over 4 years (2021 to 2025), Franklin Electric's water systems — D&A has grown at a 23.3% compound annual growth rate (CAGR), from $19.8M to $45.8M.
What does water systems — D&A mean?
The non-cash expense allocated to the Water Systems segment for the systematic reduction in the value of tangible fixed assets and intangible assets over their useful lives. This metric is critical for understanding the capital intensity and reinvestment requirements of the segment.

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