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Franklin Electric FELE Water Systems — Operating Income (Loss)

Other segment segments

Energy Systems
$24.2M+10.5%
Distribution
$3M+42.9%

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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%
Enterprise value$4.9B-4.7%
P/E30.6×+3.3×
P/S2.1×-0.3×

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:OperatingIncomeLoss.

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 — operating income (loss)?
Franklin Electric (FELE) reported water systems — operating income (loss) of $44.4M in Q1 2026.
How has Franklin Electric's water systems — operating income (loss) changed year-over-year?
Franklin Electric's water systems — operating income (loss) increased by 2.3% year-over-year, from $43.4M to $44.4M.
What is the long-term trend for Franklin Electric's water systems — operating income (loss)?
Over 4 years (2021 to 2025), Franklin Electric's water systems — operating income (loss) has grown at a 10.5% compound annual growth rate (CAGR), from $139.1M to $207.1M.
What does water systems — operating income (loss) mean?
The profit or loss generated by the Water Systems segment after deducting cost of sales and operating expenses from net sales. It represents the core operational profitability of the segment before interest, taxes, and corporate-level allocations.