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Franklin Electric FELE Standard Product Warranty Accrual

Standard Product Warranty Accrual at other companies

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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:ProductWarrantyAccrual.

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 millions)
Balance as of December 31, 2025$$9.1
Accruals related to product warranties6.7
Reductions for payments made(7.0)
Balance as of June 30, 2026$$8.8

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Franklin Electric's standard product warranty accrual?
Franklin Electric (FELE) reported standard product warranty accrual of $8.8M in Q2 2026.
How has Franklin Electric's standard product warranty accrual changed year-over-year?
Franklin Electric's standard product warranty accrual decreased by 1.1% year-over-year, from $8.9M to $8.8M.
What is the long-term trend for Franklin Electric's standard product warranty accrual?
Over 5 years (2020 to 2025), Franklin Electric's standard product warranty accrual has grown at a -1.3% compound annual growth rate (CAGR), from $9.7M to $9.1M.

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