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Franklin Electric FELE Water Systems — Goodwill, Acquired During Period
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Where this comes from
Reported directly by Franklin Electric in its filing.
Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.
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, acquired during period?
- Franklin Electric (FELE) reported water systems — goodwill, acquired during period of $23M in Q2 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 increased by 1050.0% year-over-year, from $2M to $23M.
- 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.
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