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Franklin Electric FELE Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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XylemXYL
$3M-57.1%
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$6.8M-5.6%
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Ceco EnvironmentalCECO
$5.28M+8.8%
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Advanced Drainage SystemsWMS
$26.7M+39.0%
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AmerescoAMRC
$45.38M+32.9%
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EnerSysENS

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$4.84B+16.9%
Enterprise value$5.16B+10.9%
P/E31×+7.9×
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:MinorityInterest.

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
Common stock (65,000 shares authorized, $.10 par value) outstanding (44,214 and 44,178, respectively)4,4214,418
Additional paid-in capital404,470391,496
Retained earnings1,142,3881,084,149
Accumulated other comprehensive loss(143,770)(157,484)
Total shareholders' equity1,407,5091,322,579
Noncontrolling interest2,1122,789
Total equity1,409,6211,325,368
Total liabilities and equity$2,150,732$1,944,385

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Franklin Electric's noncontrolling interests in subsidiaries?
Franklin Electric (FELE) reported noncontrolling interests in subsidiaries of $2.11M in Q2 2026.
How has Franklin Electric's noncontrolling interests in subsidiaries changed year-over-year?
Franklin Electric's noncontrolling interests in subsidiaries decreased by 33.7% year-over-year, from $3.19M to $2.11M.
What is the long-term trend for Franklin Electric's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Franklin Electric's noncontrolling interests in subsidiaries has grown at a 5.7% compound annual growth rate (CAGR), from $2.12M to $2.79M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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