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Franklin Electric FELE Water Systems — Selling, general, and administrative expenses

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$38M+2.2%
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$10.3M-2.8%

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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:SellingGeneralAndAdministrativeExpense.

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 — selling, general, and administrative expenses?
Franklin Electric (FELE) reported water systems — selling, general, and administrative expenses of $55.4M in Q1 2026.
How has Franklin Electric's water systems — selling, general, and administrative expenses changed year-over-year?
Franklin Electric's water systems — selling, general, and administrative expenses increased by 5.3% year-over-year, from $52.6M to $55.4M.
What is the long-term trend for Franklin Electric's water systems — selling, general, and administrative expenses?
Over 3 years (2022 to 2025), Franklin Electric's water systems — selling, general, and administrative expenses has grown at a 6.3% compound annual growth rate (CAGR), from $182.1M to $218.7M.
What does water systems — selling, general, and administrative expenses mean?
Operating expenses incurred by the Water Systems segment that are not directly tied to production, including sales commissions, marketing, administrative salaries, and general office overhead. This metric measures the cost structure and operational leverage of the segment's support functions.