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Franklin Electric FELE Operating Income

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Segments

By segment

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Water Systems$65.2M+5.5%
Energy Systems$27.9M-4.1%
Distribution$19.7M+22.4%

Other financials

Income statement

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Revenue$622.9M+6.0%
Gross profit$230.6M+8.9%
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:OperatingIncomeLoss.

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 thousands, except per share amounts)Second Quarter Ended / June 30, 2026Second Quarter Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Selling, general, and administrative expenses132,088123,521255,100243,164
Restructuring expense4061644,278323
Legal settlement loss (see Note 7)4,5124,512
Operating income93,59988,141141,684132,242
Interest expense(3,524)(2,805)(5,835)(4,604)
Other income/(expense), net1,345(164)971679
Foreign exchange expense, net(2,497)(4,548)(2,122)(5,841)
Income before income taxes88,92380,624134,698122,476

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Franklin Electric's operating income?
Franklin Electric (FELE) reported operating income of $93.6M in Q2 2026.
How has Franklin Electric's operating income changed year-over-year?
Franklin Electric's operating income increased by 6.2% year-over-year, from $88.14M to $93.6M.
What is the long-term trend for Franklin Electric's operating income?
Over 4 years (2021 to 2025), Franklin Electric's operating income has grown at a 9.2% compound annual growth rate (CAGR), from $189.19M to $268.98M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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