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Franklin Electric FELE Operating Lease ROU Assets

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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:OperatingLeaseRightOfUseAsset.

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)June 30, 2026December 31, 2025
Property, plant, and equipment, gross691,224677,287
Less: Allowance for depreciation(435,160)(425,123)
Property, plant, and equipment, net256,064252,164
Lease right-of-use assets, net66,57467,867
Deferred income taxes7,0626,582
Intangible assets, net280,986251,692
Goodwill432,092398,127
Other assets11,0869,327

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Franklin Electric's operating lease ROU assets?
Franklin Electric (FELE) reported operating lease ROU assets of $66.57M in Q2 2026.
How has Franklin Electric's operating lease ROU assets changed year-over-year?
Franklin Electric's operating lease ROU assets increased by 7.5% year-over-year, from $61.94M to $66.57M.
What is the long-term trend for Franklin Electric's operating lease ROU assets?
Over 5 years (2020 to 2025), Franklin Electric's operating lease ROU assets has grown at a 16.3% compound annual growth rate (CAGR), from $31.95M to $67.87M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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