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Franklin Electric FELE Operating Lease Liabilities

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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:OperatingLeaseLiabilityNoncurrent.

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
Line itemJune 30, 2026December 31, 2025
Current maturities of long-term debt and short-term borrowings108,49131,827
Total current liabilities455,797344,046
Long-term debt134,317135,184
Long-term lease liability45,93046,481
Deferred income taxes49,81739,275
Employee benefit plans18,48622,833
Other long-term liabilities34,99429,541
Commitments and contingencies (see Note 7)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Franklin Electric's operating lease liabilities?
Franklin Electric (FELE) reported operating lease liabilities of $45.93M in Q2 2026.
How has Franklin Electric's operating lease liabilities changed year-over-year?
Franklin Electric's operating lease liabilities increased by 8.8% year-over-year, from $42.2M to $45.93M.
What is the long-term trend for Franklin Electric's operating lease liabilities?
Over 5 years (2020 to 2025), Franklin Electric's operating lease liabilities has grown at a 17.4% compound annual growth rate (CAGR), from $20.87M to $46.48M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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