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Franklin Electric FELE Water Systems — Goodwill, Acquired During Period

Other segment segments

Distribution
$0
Energy Systems
$0

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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:GoodwillAcquiredDuringPeriod.

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 — goodwill, acquired during period?
Franklin Electric (FELE) reported water systems — goodwill, acquired during period of $0 in Q1 2026.
How has Franklin Electric's water systems — goodwill, acquired during period changed year-over-year?
Franklin Electric's water systems — goodwill, acquired during period decreased by 100.0% year-over-year, from $50.7M to $0.
What is the long-term trend for Franklin Electric's water systems — goodwill, acquired during period?
Over 4 years (2021 to 2025), Franklin Electric's water systems — goodwill, acquired during period has grown at a 0.0% compound annual growth rate (CAGR), from $55.4M to $55.4M.
What does water systems — goodwill, acquired during period mean?
The value of goodwill recognized specifically from business combinations completed within the Water Systems segment during the reporting period. It indicates the scale of inorganic growth and the premium paid for new assets integrated into the water pumping and control systems business.