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Franklin Electric FELE Water 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 water systems — goodwill?
- Franklin Electric (FELE) reported water systems — goodwill of $305.6M in Q2 2026.
- How has Franklin Electric's water systems — goodwill changed year-over-year?
- Franklin Electric's water systems — goodwill increased by 11.2% year-over-year, from $274.8M to $305.6M.
- What is the long-term trend for Franklin Electric's water systems — goodwill?
- Over 4 years (2021 to 2025), Franklin Electric's water systems — goodwill has grown at a 8.4% compound annual growth rate (CAGR), from $795.1M to $1.1B.
- What does water systems — goodwill mean?
- Represents the total carrying value of goodwill associated with the Water Systems business segment. This intangible asset reflects the premium paid over the fair value of net identifiable assets during acquisitions within this specific business unit.
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