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Franklin Electric FELE Work in process

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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%

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:InventoryWorkInProcess.

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 work in process?
Franklin Electric (FELE) reported work in process of $30.98M in Q1 2026.
How has Franklin Electric's work in process changed year-over-year?
Franklin Electric's work in process increased by 11.3% year-over-year, from $27.84M to $30.98M.
What is the long-term trend for Franklin Electric's work in process?
Over 5 years (2020 to 2025), Franklin Electric's work in process has grown at a 6.2% compound annual growth rate (CAGR), from $20.57M to $27.75M.
What does work in process mean?
Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.