Franklin Electric Co., Inc. (FELE) Income Statement
FELE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFELE revenue and net income
Where FELE's revenue goes
2025Each bar shows an amount and its share of revenue. FELE kept 6.9% of revenue as net income.
FELE profit margins
FELE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.4% | +1.4% | +11.3% | +8.7% |
| Gross profit | +5.4% | +3.0% | +11.8% | +9.8% |
| Operating income | +11.6% | +1.9% | +15.8% | +11.6% |
| Net income | −18.4% | −7.7% | +7.9% | +7.3% |
| EPS (diluted) | +6.1% | +1.2% | +13.7% | +10.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FELE quarterly EPS vs estimates
Franklin Electric beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 28, 2026 (estimate $1.40).
FELE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.13B | $2.02B | $2.07B | $2.04B | $1.66B | $1.25B | $1.31B | $1.30B | $1.12B | $949.9M |
| Cost of revenue | $1.38B | $1.30B | $1.37B | $1.35B | $1.09B | $814.2M | $886.5M | $865.8M | $747.9M | $618.5M |
| Gross profit | $755.9M | $717.3M | $697.0M | $691.4M | $576.1M | $433.1M | $428.1M | $432.4M | $377.0M | $331.4M |
| Research & development | $20.0M | $21.5M | $17.7M | $16.7M | $17.3M | $21.7M | $20.8M | $22.1M | $20.8M | $21.5M |
| Sales, general & admin | $486.2M | $470.1M | $434.4M | $432.1M | $386.3M | $300.1M | $298.5M | $298.7M | $265.7M | $221.2M |
| Total operating expenses | $483.9M | $473.6M | $434.6M | $434.2M | $386.9M | $302.6M | $301.0M | $300.4M | $269.8M | $219.3M |
| Operating income | $272.0M | $243.6M | $262.4M | $257.2M | $189.2M | $130.5M | $127.1M | $132.0M | $107.2M | $112.1M |
| Interest income | — | — | — | — | — | — | $9.9M | $10.5M | $9.3M | $7.7M |
| Interest expense | $10.6M | $6.3M | $11.8M | $11.5M | $5.2M | $4.6M | $8.2M | $9.8M | $10.3M | $8.7M |
| Income before taxes | $194.7M | $231.8M | $242.2M | $235.2M | $189.7M | $123.7M | $116.8M | $120.4M | $104.6M | $104.1M |
| Income taxes | $46.0M | $50.2M | $47.5M | $46.4M | $34.7M | $22.5M | $20.8M | $14.9M | $26.0M | $24.8M |
| Net income | $147.1M | $180.3M | $193.3M | $187.3M | $153.9M | $100.5M | $95.5M | $105.9M | $78.2M | $78.7M |
| EBITDA | $268.2M | $294.2M | $306.3M | $297.1M | $239.5M | $164.8M | $162.1M | $168.8M | $153.4M | $148.4M |
| EPS (diluted) | $4.15 | $3.91 | $4.13 | $4.00 | $3.26 | $2.18 | $2.07 | $2.27 | $1.87 | $1.66 |
| Gross margin | 35.5% | 35.5% | 33.8% | 33.8% | 34.7% | 34.7% | 32.6% | 33.3% | 33.5% | 34.9% |
| Operating margin | 12.8% | 12.1% | 12.7% | 12.6% | 11.4% | 10.5% | 9.7% | 10.2% | 9.5% | 11.8% |
| Net margin | 6.9% | 8.9% | 9.4% | 9.2% | 9.3% | 8.1% | 7.3% | 8.2% | 6.9% | 8.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $622.9M | $500.4M | $506.9M | $581.7M | $587.4M | $455.2M | $485.7M | $531.4M | $543.3M | $460.9M | $473.0M | $538.4M |
| Cost of revenue | $392.3M | $325.5M | $335.4M | $373.0M | $375.6M | $291.3M | $321.5M | $341.8M | $343.5M | $297.3M | $313.0M | $352.2M |
| Gross profit | $230.6M | $175.0M | $171.5M | $208.7M | $211.8M | $163.9M | $164.2M | $189.7M | $199.8M | $163.6M | $160.0M | $186.3M |
| Research & development | — | — | — | — | — | — | $21.5M | — | — | — | $17.7M | — |
| Sales, general & admin | $132.1M | $123.0M | $119.6M | $123.5M | $123.5M | $119.6M | $117.8M | $116.0M | $120.6M | $115.6M | $108.8M | $107.7M |
| Total operating expenses | $137.0M | $122.3M | $119.5M | $123.5M | $121.9M | $118.4M | $121.2M | $116.1M | $120.6M | $115.6M | $109.2M | $108.1M |
| Operating income | $93.6M | $52.7M | $52.0M | $85.2M | $89.9M | $45.5M | $43.0M | $73.5M | $79.1M | $47.9M | $50.8M | $78.1M |
| Interest expense | $3.5M | $2.3M | $2.5M | $3.5M | $2.8M | $1.8M | $1.3M | $1.6M | $2.0M | $1.4M | $1.5M | $3.0M |
| Income before taxes | $88.9M | $45.8M | $48.6M | $23.5M | $80.6M | $41.9M | $40.7M | $71.9M | $76.9M | $42.3M | $47.2M | $72.9M |
| Income taxes | $22.8M | $11.1M | $9.1M | $6.3M | $20.1M | $10.5M | $6.4M | $17.0M | $17.6M | $9.2M | $8.3M | $14.7M |
| Net income | $65.7M | $34.3M | $39.2M | $16.7M | $60.1M | $31.0M | $33.7M | $54.6M | $59.1M | $33.0M | $38.5M | $57.8M |
| EBITDA | $109.8M | $64.6M | $67.8M | $43.1M | $99.2M | $58.1M | $56.3M | $87.6M | $92.8M | $57.6M | $61.3M | $89.2M |
| EPS (diluted) | $1.55 | $0.83 | $0.87 | $1.30 | $1.31 | $0.67 | $0.78 | $1.17 | $1.26 | $0.70 | $0.83 | $1.24 |
| Gross margin | 37.0% | 35.0% | 33.8% | 35.9% | 36.1% | 36.0% | 33.8% | 35.7% | 36.8% | 35.5% | 33.8% | 34.6% |
| Operating margin | 15.0% | 10.5% | 10.3% | 14.7% | 15.3% | 10.0% | 8.9% | 13.8% | 14.6% | 10.4% | 10.7% | 14.5% |
| Net margin | 10.6% | 6.9% | 7.7% | 2.9% | 10.2% | 6.8% | 6.9% | 10.3% | 10.9% | 7.2% | 8.2% | 10.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FELE's financial statements (latest annual report filed February 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FELE financial results
In fiscal year 2025 (ended December 31, 2025), Franklin Electric reported revenue of $2.1 billion, up 5.4% from the year before. It had net income of $147.1 million (down 18.4%), a net profit margin of 6.9%. Diluted earnings per share came to $4.15. Over five years revenue grew at an average rate of 11.3% a year.
See the FELE stock overview for the latest quote and news, or the FELE chart for price history and technical indicators.
FELE income statement FAQ
What is Franklin Electric's annual revenue?
Franklin Electric reported total revenue of $2.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.4% from $2.0 billion the previous year.
Is Franklin Electric profitable?
Yes. Franklin Electric reported net income of $147.1 million in fiscal 2025, a net profit margin of 6.9%; its operating margin was 12.8%.
What is Franklin Electric's gross margin?
Franklin Electric's gross margin was 35.5% in fiscal 2025: for every $100 of revenue, Franklin Electric kept $35 after the direct cost of its products and services.
How much does Franklin Electric spend on research and development?
Franklin Electric spent $20.0 million on research and development in fiscal 2025, 0.9% of revenue.
How fast is Franklin Electric growing?
Revenue grew 11.3% a year on average over the last five fiscal years, from $1.2 billion to $2.1 billion.
What are Franklin Electric's earnings per share?
Franklin Electric earned $4.15 per diluted share in fiscal 2025, compared with $3.91 a year earlier.
When will Franklin Electric report its next earnings?
Franklin Electric is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 before the market opens.
When does Franklin Electric's fiscal year end?
Franklin Electric's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 20, 2026.