Franklin Electric Co., Inc. (FELE) Balance Sheet
FELE balance sheet, 2025
December 31, 2025 · U.S. dollars$1.94B assets = $617.4M liabilities + $1.33B equity
Both columns are drawn to the same scale: what FELE owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FELE financial health
Descriptive bands, not a rating. Fiscal 2025.
FELE balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.04B2016 | $1.94B2025 | +7.2%/yr | |
| Total liabilities | $424.8M2016 | $617.4M2025 | +4.2%/yr | |
| Shareholders’ equity | $615.1M2016 | $1.32B2025 | +8.9%/yr | |
| Cash & short-term investments | $104.3M2016 | $99.7M2025 | −0.5%/yr | |
| Total debt | $190.3M2016 | $234.0M2025 | +2.3%/yr | |
| Net cash (debt) | −$85.9M2016 | −$134.3M2025 | −$48.4M | |
| Working capital | $326.1M2016 | $614.6M2025 | +$288.5M | |
| Book value per share | $13.042016 | $29.072025 | +9.3%/yr | |
| Current ratio | 3.072016 | 2.792025 | −0.28 | |
| Debt / equity | 0.312016 | 0.182025 | −0.13 | |
| Shares outstanding | 47.2M2016 | 45.5M2025 | −0.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FELE assets
FELE liabilities and equity
FELE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FELE balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $99.7M | $220.5M | $85.0M | $45.8M | $40.5M | $130.8M | $64.4M | $59.2M | $67.2M | $104.3M |
| Cash & equivalents | $99.7M | $220.5M | $85.0M | $45.8M | $40.5M | $130.8M | $64.4M | $59.2M | $67.2M | $104.3M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | $0 |
| Receivables | $247.5M | $226.8M | $222.4M | $230.4M | $196.2M | $159.8M | $173.3M | $172.9M | $171.0M | $146.0M |
| Inventory | $553.0M | $483.9M | $508.7M | $545.0M | $450.0M | $300.9M | $300.2M | $314.0M | $312.3M | $203.5M |
| Other current assets | $58.5M | $33.0M | $37.7M | $36.9M | $38.0M | $27.7M | $29.5M | $33.8M | $38.6M | $30.0M |
| Total current assets | $958.6M | $964.2M | $853.8M | $858.1M | $724.6M | $619.3M | $567.4M | $579.9M | $589.1M | $483.8M |
| Property, plant & equipment (net) | $320.0M | $286.2M | $286.8M | $264.1M | $259.0M | $241.0M | $228.9M | $207.1M | $215.7M | $196.1M |
| Goodwill & intangible assets | $649.8M | $551.5M | $572.4M | $559.3M | $579.3M | $400.5M | $387.2M | $383.8M | $368.3M | $334.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $15.9M | $18.7M | $15.2M | $12.7M | $12.2M | $11.5M | $11.2M | $11.6M | $12.2M | $25.6M |
| Total assets | $1.94B | $1.82B | $1.73B | $1.69B | $1.58B | $1.27B | $1.19B | $1.18B | $1.19B | $1.04B |
| Liabilities | ||||||||||
| Accounts payable | $175.0M | $157.0M | $152.4M | $139.3M | $164.8M | $95.9M | $82.6M | $76.7M | $79.3M | $63.9M |
| Short-term debt | $52.3M | $136.7M | $29.7M | $142.7M | $113.3M | $13.6M | $31.7M | $112.0M | $100.5M | $33.7M |
| Deferred revenue | — | — | $4.5M | — | $117.9M | $94.1M | — | $67.2M | $66.1M | $60.1M |
| Total current liabilities | $344.0M | $433.7M | $287.0M | $405.8M | $396.0M | $203.7M | $185.8M | $255.9M | $245.9M | $157.8M |
| Long-term debt | $135.2M | $11.6M | $88.1M | $89.3M | $90.5M | $92.0M | $93.1M | $94.4M | $125.6M | $156.5M |
| Lease obligations | $67.0M | $62.2M | $55.9M | $48.8M | $48.3M | $32.0M | $27.6M | — | — | — |
| Other long-term liabilities | $138.1M | $105.4M | $142.7M | $128.4M | $140.0M | $126.7M | $117.2M | $96.3M | $111.2M | $110.5M |
| Total liabilities | $617.4M | $550.8M | $517.8M | $623.4M | $626.5M | $422.4M | $396.1M | $446.5M | $482.7M | $424.8M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $4.4M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M | $244.8M | $233.2M |
| Retained earnings (deficit) | $1.08B | $1.15B | $1.08B | $969.3M | $859.8M | $764.6M | $712.5M | $654.7M | $604.9M | $550.1M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$157.5M | −$254.0M | −$221.1M | −$231.4M | −$228.6M | −$204.8M | −$190.2M | −$183.0M | −$149.0M | −$169.9M |
| Minority interest | $4.4M | $3.7M | $3.6M | $2.3M | $2.2M | $2.1M | $2.1M | $2.0M | $2.0M | $1.6M |
| Total shareholders' equity | $1.32B | $1.27B | $1.21B | $1.07B | $946.5M | $847.8M | $798.7M | $735.8M | $702.6M | $615.1M |
| Key figures | ||||||||||
| Total debt | $234.0M | $191.6M | $156.3M | $264.8M | $236.8M | $126.5M | $142.6M | $206.4M | $226.0M | $190.3M |
| Net cash (debt) | −$134.3M | $28.9M | −$71.3M | −$219.1M | −$196.2M | $4.3M | −$78.2M | −$147.2M | −$158.8M | −$85.9M |
| Working capital | $614.6M | $530.5M | $566.8M | $452.3M | $328.6M | $415.6M | $381.7M | $324.0M | $343.2M | $326.1M |
| Tangible book value | $672.8M | $714.6M | $634.3M | $508.6M | $367.2M | $447.3M | $411.5M | $352.0M | $334.3M | $280.8M |
| Book value per share | $29.07 | $27.23 | $25.73 | $22.72 | $20.14 | $18.15 | $17.07 | $15.64 | $14.95 | $13.04 |
| Shares outstanding | 45.5M | 46.5M | 46.9M | 47.0M | 47.0M | 46.7M | 46.8M | 47.1M | 47.0M | 47.2M |
| Current ratio | 2.79 | 2.22 | 2.97 | 2.11 | 1.83 | 3.04 | 3.05 | 2.27 | 2.40 | 3.07 |
| Quick ratio | 1.01 | 1.03 | 1.07 | 0.68 | 0.60 | 1.43 | 1.28 | 0.91 | 0.97 | 1.59 |
| Debt / equity | 0.18 | 0.15 | 0.13 | 0.25 | 0.25 | 0.15 | 0.18 | 0.28 | 0.32 | 0.31 |
| Equity / assets | 68.0% | 69.5% | 69.8% | 63.0% | 60.1% | 66.6% | 66.8% | 62.2% | 59.3% | 59.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $97.3M | $80.4M | $99.7M | $102.9M | $104.6M | $84.0M | $220.5M | $106.3M | $58.1M | $65.3M | $85.0M | $62.5M |
| Cash & equivalents | $97.3M | $80.4M | $99.7M | $102.9M | $104.6M | $84.0M | $220.5M | $106.3M | $58.1M | $65.3M | $85.0M | $62.5M |
| Short-term investments | — | $4.1M | — | — | — | — | — | — | — | — | — | — |
| Receivables | $352.5M | $297.9M | $247.5M | $291.2M | $315.2M | $271.7M | $226.8M | $272.0M | $299.2M | $262.6M | $222.4M | $252.3M |
| Inventory | $597.7M | $583.2M | $553.0M | $569.2M | $573.6M | $560.3M | $483.9M | $524.6M | $525.4M | $532.2M | $508.7M | $543.5M |
| Other current assets | $49.4M | $53.8M | $58.5M | $53.5M | $43.0M | $40.6M | $33.0M | $39.6M | $36.0M | $41.2M | $37.7M | $41.1M |
| Total current assets | $1.10B | $1.02B | $958.6M | $1.02B | $1.04B | $956.6M | $964.2M | $942.5M | $918.7M | $901.4M | $853.8M | $899.5M |
| Property, plant & equipment (net) | $322.6M | $319.4M | $320.0M | $312.2M | $303.2M | $297.0M | $286.2M | $288.8M | $287.5M | $288.1M | $286.8M | $264.7M |
| Goodwill & intangible assets | $1.01B | $646.8M | $649.8M | $651.6M | $653.4M | $652.3M | $551.5M | $558.4M | $560.9M | $567.2M | $572.4M | $547.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $15.0M | $15.9M | $16.9M | $24.9M | $22.9M | $18.7M | $17.6M | $17.3M | $16.5M | $15.2M | $13.7M |
| Total assets | $2.15B | $2.00B | $1.94B | $2.00B | $2.02B | $1.93B | $1.82B | $1.81B | $1.78B | $1.77B | $1.73B | $1.73B |
| Liabilities | ||||||||||||
| Accounts payable | $206.2M | $174.1M | $175.0M | $185.8M | $206.9M | $190.3M | $157.0M | $173.9M | $175.6M | $185.5M | $152.4M | $170.9M |
| Short-term debt | $128.1M | $110.1M | $52.3M | $88.9M | $289.6M | $168.4M | $136.7M | $94.4M | $60.6M | $42.4M | $29.7M | $53.7M |
| Deferred revenue | — | — | — | — | — | — | — | — | $73.5M | $11.9M | $4.8M | $4.8M |
| Total current liabilities | $455.8M | $379.7M | $344.0M | $400.8M | $604.1M | $484.0M | $433.7M | $393.2M | $346.1M | $316.2M | $287.0M | $327.9M |
| Long-term debt | $134.3M | $134.4M | $135.2M | $135.2M | $14.5M | $14.9M | $11.6M | $11.6M | $87.2M | $87.4M | $88.1M | $88.0M |
| Lease obligations | $65.5M | $66.3M | $67.0M | $66.4M | $61.6M | $60.1M | $62.2M | $61.4M | $61.9M | $59.7M | $55.9M | $41.2M |
| Other long-term liabilities | $149.2M | $137.8M | $138.1M | $138.3M | $132.7M | $128.7M | $105.4M | $128.6M | $125.0M | $145.4M | $142.7M | $125.7M |
| Total liabilities | $741.1M | $652.0M | $617.4M | $674.3M | $751.3M | $627.6M | $550.8M | $533.4M | $558.3M | $549.0M | $517.8M | $541.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $4.4M | $4.4M | $4.4M | $4.5M | $4.4M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M | $4.6M |
| Retained earnings (deficit) | $1.14B | $1.09B | $1.08B | $1.09B | $1.09B | $1.16B | $1.15B | $1.13B | $1.10B | $1.09B | $1.08B | $1.06B |
| Accumulated other comprehensive income | −$143.8M | −$155.5M | −$157.5M | −$166.6M | −$214.4M | −$240.5M | −$254.0M | −$228.7M | −$237.7M | −$227.9M | −$221.1M | −$230.1M |
| Minority interest | $2.1M | $4.8M | $4.4M | $5.1M | $4.7M | — | — | — | — | — | — | — |
| Total shareholders' equity | $1.41B | $1.34B | $1.32B | $1.32B | $1.26B | $1.30B | $1.27B | $1.27B | $1.22B | $1.22B | $1.21B | $1.18B |
| Key figures | ||||||||||||
| Total debt | $308.3M | $290.5M | $234.0M | $270.7M | $346.3M | $224.7M | $191.6M | $149.4M | $191.5M | $171.5M | $156.3M | $169.6M |
| Net cash (debt) | −$211.0M | −$210.1M | −$134.3M | −$167.8M | −$241.7M | −$140.7M | $28.9M | −$43.2M | −$133.4M | −$106.2M | −$71.3M | −$107.1M |
| Working capital | $641.1M | $635.5M | $614.6M | $616.0M | $432.3M | $472.6M | $530.5M | $549.3M | $572.6M | $585.1M | $566.8M | $571.6M |
| Tangible book value | $395.3M | $693.0M | $672.8M | $666.4M | $608.5M | $644.9M | $714.6M | $711.3M | $661.3M | $653.3M | $634.3M | $633.0M |
| Book value per share | $31.26 | $29.97 | $29.54 | $29.29 | $27.49 | $28.02 | $27.35 | $27.42 | $26.17 | $26.13 | $25.80 | $25.17 |
| Shares outstanding | 45.0M | 44.7M | 44.8M | 45.0M | 45.9M | 46.3M | 46.3M | 46.3M | 46.7M | 46.7M | 46.8M | 46.9M |
| Current ratio | 2.41 | 2.67 | 2.79 | 2.54 | 1.72 | 1.98 | 2.22 | 2.40 | 2.65 | 2.85 | 2.97 | 2.74 |
| Quick ratio | 0.99 | 1.00 | 1.01 | 0.98 | 0.69 | 0.73 | 1.03 | 0.96 | 1.03 | 1.04 | 1.07 | 0.96 |
| Debt / equity | 0.22 | 0.22 | 0.18 | 0.21 | 0.27 | 0.17 | 0.15 | 0.12 | 0.16 | 0.14 | 0.13 | 0.14 |
| Equity / assets | 65.4% | 67.1% | 68.0% | 66.0% | 62.5% | 67.3% | 69.5% | 70.3% | 68.5% | 68.8% | 69.8% | 68.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 20, 2026); data from EODHD.
FELE financial position
At the end of fiscal 2025 (December 31, 2025), Franklin Electric had total assets of $1.9 billion (up 6.8% from a year earlier), total liabilities of $617.4 million and shareholders' equity of $1.3 billion. It held $99.7 million in cash and short-term investments against $234.0 million of debt, net debt of $134.3 million. Its current ratio was 2.79. In the latest quarter (ended June 30, 2026) total assets were $2.2 billion and equity $1.4 billion.
Related: FELE income statement, FELE cash flow statement, FELE key metrics. See the FELE stock overview for the latest quote and news.
FELE balance sheet FAQ
What are Franklin Electric's total assets?
Franklin Electric reported total assets of $1.9 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.8 billion a year earlier.
How much debt does Franklin Electric have?
Franklin Electric had $234.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.18.
How much cash does Franklin Electric have?
Franklin Electric held $99.7 million in cash and short-term investments at the end of fiscal 2025; with $234.0 million of debt that is net debt of $134.3 million.
What is Franklin Electric's book value?
Franklin Electric's shareholders' equity (book value) was $1.3 billion at the end of fiscal 2025, or $29.07 per share.
What is Franklin Electric's current ratio?
Franklin Electric had current assets of $958.6 million and current liabilities of $344.0 million, a current ratio of 2.79 (it can cover its short-term obligations).
How much goodwill does Franklin Electric have?
Franklin Electric carried $649.8 million of goodwill and intangible assets, 33.4% of total assets, at the end of fiscal 2025.