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Franklin Electric FELE Water Systems — Total Assets

Other segment segments

Distribution
$458.8M+15.0%
Energy Systems
$274.5M+2.0%
Intersegment Eliminations/Other
$82.7M-61.1%

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Other financials

Income statement

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Revenue$622.9M+6.0%
Gross profit$230.6M+8.9%
Operating income$93.6M+6.2%
Net income$65.7M+9.3%
EPS (diluted)$1.46+11.5%

Balance sheet

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Cash & equivalents$97.3M-7.0%
Total debt$416.8M-32.4%
Total equity$1.4B+11.5%
Total assets$2.2B+6.6%

Cash flow

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Operating cash flow$99.6M+93.5%
CapEx$10.9M-5.8%
Free cash flow$88.7M+122%

Valuation

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Market cap$4.83B+15.5%
Enterprise value$5.15B+9.7%
P/E31×+7.6×
P/S2.2×+0.2×

Profitability

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Gross margin35.5%+0.1pp
Operating margin12.6%+0.5pp
Net margin7.1%-1.7pp
FCF margin9.9%-0.7pp

Returns & leverage

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Return on equity11.7%-2.7pp
Debt / equity0.3×-0.2×
Current ratio2.4×+0.7×

Where this comes from

Reported directly by Franklin Electric in its filing.

Tagged under the XBRL concept us-gaap:Assets.

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)Second Quarter Ended / June 30, 2026Second Quarter Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Corporate0.10.50.60.9
Total capital expenditures$10.8$12.3$20.4$18.4
Assets
Water Systems$1,332.5$1,282.1
Distribution458.8399.0
Energy Systems274.5269.2
Total segment assets$2,065.8$1,950.3
Corporate84.967.6

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Franklin Electric's water systems — total assets?
Franklin Electric (FELE) reported water systems — total assets of $1.33B in Q2 2026.
How has Franklin Electric's water systems — total assets changed year-over-year?
Franklin Electric's water systems — total assets increased by 3.9% year-over-year, from $1.28B to $1.33B.
What is the long-term trend for Franklin Electric's water systems — total assets?
Over 4 years (2021 to 2025), Franklin Electric's water systems — total assets has grown at a 10.9% compound annual growth rate (CAGR), from $3.3B to $4.99B.
What does water systems — total assets mean?
This metric represents the aggregate value of all economic resources controlled by the Water Systems segment, including inventory, property, plant, equipment, and intangible assets. It serves as a measure of the scale and capital intensity required to support the segment's manufacturing and distribution operations. Analyzing this balance sheet component helps evaluate the efficiency with which the segment utilizes its asset base to generate revenue.

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