What is the long-term trend for Franklin Electric's water systems — restructuring expense?

Over 3 years (2022 to 2025), Franklin Electric's water systems — restructuring expense has grown at a -34.1% compound annual growth rate (CAGR), from $1.4M to $400K.

What does water systems — restructuring expense mean?

Costs associated with organizational changes, facility consolidations, or workforce reductions within the Water Systems segment intended to improve long-term operational efficiency. These are typically non-recurring expenses that impact short-term profitability.

Franklin Electric FELE Water Systems — Restructuring expense

Other segment segments

Distribution

$0-100%

Energy Systems

$0—

Similar metrics at other companies

FBINWater — Restructuring Charges

$2.3M-76.0%

XYLWater Infrastructure — Restructuring costs

$26M+100%

FBINWater — Restructuring And Related Cost Incurred Cost

$2.4M-76.0%

XYLWater Solutions and Services — Restructuring costs

$1M-75.0%

XYLApplied Water — Restructuring costs

$1M-66.7%

PNRWater Solutions — Restructuring and transformation costs

$5.5M-6.8%

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:RestructuringSettlementAndImpairmentProvisions.

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 — restructuring expense?: Franklin Electric (FELE) reported water systems — restructuring expense of $3.9M in Q1 2026.
What is the long-term trend for Franklin Electric's water systems — restructuring expense?: Over 3 years (2022 to 2025), Franklin Electric's water systems — restructuring expense has grown at a -34.1% compound annual growth rate (CAGR), from $1.4M to $400K.
What does water systems — restructuring expense mean?: Costs associated with organizational changes, facility consolidations, or workforce reductions within the Water Systems segment intended to improve long-term operational efficiency. These are typically non-recurring expenses that impact short-term profitability.