Franklin Electric Co., Inc. (FELE) Key Metrics

NASDAQ: FELEValuation, returns, debt and efficiency ratios over 10 years.

FELE valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$4.43B
Enterprise value
$4.47B
P/E (TTM)
28.9
10-yr median 26.4
Forward P/E
18.5
PEG ratio
1.54
Price / sales
2.0
10-yr median 2.0
Price / book
3.0
10-yr median 3.4
EV / EBITDA
15.7
10-yr median 15.2
Dividend yield
1.12%
$1.12 a year
Beta
1.02

FELE key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

FELE valuation Price multiples at each fiscal year-end price.

P/E ratio+17.6%
29.6
2025 · hover or tap a bar for each year
2016: 23.3 (+31.0%)2017: 27.6 (+18.5%)2018: 19.1 (−30.9%)2019: 28.1 (+47.4%)2020: 32.2 (+14.5%)2021: 28.9 (−10.2%)2022: 20.0 (−30.7%)2023: 23.5 (+17.2%)2024: 25.1 (+7.2%)2025: 29.6 (+17.6%)
20162025
Price / sales−9.0%
2.0
2025 · hover or tap a bar for each year
2016: 1.9 (+37.7%)2017: 1.9 (−0.7%)2018: 1.6 (−18.9%)2019: 2.0 (+31.3%)2020: 2.6 (+27.0%)2021: 2.7 (+3.2%)2022: 1.8 (−31.4%)2023: 2.2 (+19.7%)2024: 2.2 (+2.1%)2025: 2.0 (−9.0%)
20162025
Price / book−8.2%
3.3
2025 · hover or tap a bar for each year
2016: 3.0 (+28.6%)2017: 3.1 (+3.0%)2018: 2.7 (−10.7%)2019: 3.4 (+22.5%)2020: 3.8 (+13.5%)2021: 4.7 (+23.2%)2022: 3.5 (−25.3%)2023: 3.8 (+7.0%)2024: 3.6 (−4.7%)2025: 3.3 (−8.2%)
20162025
EV / EBITDA+9.2%
16.7
2025 · hover or tap a bar for each year
2016: 12.9 (+18.7%)2017: 15.1 (+16.7%)2018: 12.8 (−15.1%)2019: 17.0 (+32.9%)2020: 19.6 (+15.0%)2021: 19.4 (−1.1%)2022: 13.4 (−31.1%)2023: 15.0 (+12.6%)2024: 15.3 (+1.8%)2025: 16.7 (+9.2%)
20162025
Price / free cash flow+8.9%
22.5
2025 · hover or tap a bar for each year
2016: 24.1 (+33.7%)2017: 64.8 (+169.5%)2018: 19.0 (−70.6%)2019: 17.2 (−9.6%)2020: 17.1 (−0.7%)2021: 44.6 (+160.8%)2022: 62.7 (+40.6%)2023: 16.5 (−73.6%)2024: 20.6 (+24.8%)2025: 22.5 (+8.9%)
20162025
Free cash flow yield−0.4 pts
4.5%
2025 · hover or tap a bar for each year
2016: 4.2% (−1.4 pts)2017: 1.5% (−2.6 pts)2018: 5.3% (+3.7 pts)2019: 5.8% (+0.6 pts)2020: 5.8% (0.0 pts)2021: 2.2% (−3.6 pts)2022: 1.6% (−0.6 pts)2023: 6.1% (+4.5 pts)2024: 4.8% (−1.2 pts)2025: 4.5% (−0.4 pts)
20162025

FELE valuation history

Fiscal year-endToday10-year median

FELE returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

FELE debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

FELE cash returned to shareholders

DividendsBuybacksFree cash flow

FELE price vs earnings per share

Share price at year-endEPS (right axis)

FELE key metrics

2016–2025
Franklin Electric Co., Inc. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$4.35B$4.53B$4.53B$3.75B$4.44B$3.23B$2.68B$2.02B$2.16B$1.83B
Enterprise value$4.48B$4.50B$4.60B$3.97B$4.64B$3.23B$2.76B$2.16B$2.32B$1.92B
P/E ratio29.625.123.520.028.932.228.119.127.623.3
Price / sales2.02.22.21.82.72.62.01.61.91.9
Price / book3.33.63.83.54.73.83.42.73.13.0
Price / free cash flow22.520.616.562.744.617.117.219.064.824.1
Price / operating cash flow18.217.314.436.934.215.315.115.732.315.9
EV / sales2.12.22.21.92.82.62.11.72.12.0
EV / EBITDA16.715.315.013.419.419.617.012.815.112.9
EV / free cash flow23.220.516.866.446.617.117.720.469.625.2
Earnings yield3.4%4.0%4.3%5.0%3.5%3.1%3.6%5.2%3.6%4.3%
Free cash flow yield4.5%4.8%6.1%1.6%2.2%5.8%5.8%5.3%1.5%4.2%
Dividend yield1.2%1.0%0.9%1.0%0.8%0.9%1.0%1.1%0.9%1.0%
Shareholder yield (dividends + buybacks)5.0%2.4%1.9%2.1%1.3%1.5%1.4%2.8%1.1%1.4%
Share price at fiscal year-end$95.53$97.45$96.65$79.75$94.56$69.21$57.32$42.88$45.90$38.90
Per share
Revenue per share$46.84$43.47$44.03$43.48$35.36$26.71$28.09$27.59$23.93$20.14
Earnings per share$3.23$3.88$4.12$3.99$3.27$2.15$2.04$2.25$1.66$1.67
Operating cash flow per share$5.25$5.62$6.73$2.16$2.76$4.54$3.80$2.73$1.42$2.45
Free cash flow per share$4.25$4.72$5.85$1.27$2.12$4.05$3.33$2.25$0.71$1.62
Cash per share$2.19$4.74$1.81$0.97$0.86$2.80$1.38$1.26$1.43$2.21
Book value per share$29.07$27.23$25.73$22.72$20.14$18.15$17.07$15.64$14.95$13.04
Tangible book value per share$14.79$15.37$13.52$10.82$7.81$9.58$8.79$7.48$7.11$5.95
Dividends per share$1.10$1.01$0.89$0.79$0.71$0.64$0.59$0.48$0.43$0.41
Capex per share$1.00$0.90$0.88$0.89$0.64$0.49$0.47$0.48$0.71$0.83
Debt per share$5.14$4.12$3.33$5.63$5.04$2.71$3.05$4.39$4.81$4.03
Shares outstanding45.5M46.5M46.9M47.0M47.0M46.7M46.8M47.1M47.0M47.2M
Change in shares outstanding−2.2%−0.9%−0.2%0.0%+0.6%−0.2%−0.5%+0.1%−0.3%−1.7%
Returns & profitability
Return on equity (ROE)11.4%14.6%17.0%18.6%17.1%12.2%12.4%14.7%11.9%13.4%
Return on invested capital (ROIC)15.4%15.2%16.5%17.0%15.6%12.4%11.9%13.3%10.3%12.2%
Return on assets (ROA)7.8%10.2%11.3%11.5%10.8%8.1%8.0%8.9%7.0%7.7%
Return on tangible assets11.4%14.2%16.7%16.5%15.5%11.5%11.8%13.3%9.6%11.2%
Free cash flow margin9.1%10.9%13.3%2.9%6.0%15.2%11.9%8.2%3.0%8.0%
Income quality (OCF / net income)1.621.451.630.540.842.111.861.210.851.47
Financial health
Total debt$234.0M$191.6M$156.3M$264.8M$236.8M$126.5M$142.6M$206.4M$226.0M$190.3M
Cash & short-term investments$99.7M$220.5M$85.0M$45.8M$40.5M$130.8M$64.4M$59.2M$67.2M$104.3M
Net debt$134.3M−$28.9M$71.3M$219.1M$196.2M−$4.3M$78.2M$147.2M$158.8M$85.9M
Debt / equity0.180.150.130.250.250.150.180.280.320.31
Debt / assets0.120.110.090.160.150.100.120.170.190.18
Net debt / EBITDA0.50−0.100.230.740.82−0.030.480.871.040.58
Current ratio2.792.222.972.111.833.043.052.272.403.07
Quick ratio1.181.111.200.770.691.561.441.041.131.78
Interest coverage25.638.622.322.336.428.215.413.410.412.8
Working capital$614.6M$530.5M$566.8M$452.3M$328.6M$415.6M$381.7M$324.0M$343.2M$326.1M
Invested capital$1.46B$1.24B$1.28B$1.29B$1.14B$843.5M$876.9M$883.0M$861.4M$701.0M
Tangible asset value$677.2M$718.3M$637.9M$511.5M$369.3M$449.4M$411.5M$352.0M$334.3M$280.8M
Net current asset value$341.3M$413.4M$336.0M$234.7M$98.1M$196.9M$171.4M$133.3M$106.4M$59.0M
Graham number$45.98$48.74$48.84$45.14$38.51$29.64$27.99$28.14$23.65$22.14
Graham net-net per share−$1.22$1.76−$0.25−$2.82−$4.55−$0.45−$1.10−$2.14−$2.79−$2.32
Capital allocation
Dividends paid$50.0M$46.9M$41.7M$37.0M$33.4M$29.7M$27.7M$22.6M$20.3M$19.1M
Share buybacks (net)$165.6M$61.0M$43.3M$40.5M$25.9M$19.6M$10.7M$34.2M$3.6M$7.4M
Dividend payout ratio34.0%26.0%21.6%19.7%21.7%29.5%29.0%21.4%26.0%24.3%
Dividends + buybacks / free cash flow111.4%49.1%31.0%129.6%59.6%26.0%24.7%53.6%71.9%34.8%
Capex / revenue2.1%2.1%2.0%2.1%1.8%1.8%1.7%1.7%3.0%4.1%
Capex / operating cash flow19.0%15.9%13.1%41.2%23.2%10.8%12.3%17.5%50.2%33.9%
Capex / depreciation0.720.740.790.830.680.630.590.580.871.10
Stock-based compensation / revenue0.6%0.6%0.5%0.5%0.7%0.8%0.7%0.7%0.6%0.7%
R&D / revenue0.9%1.1%0.9%0.8%1.0%1.7%1.6%1.7%1.8%2.3%
SG&A / revenue22.8%23.3%21.0%21.1%23.2%24.1%22.7%23.0%23.6%23.3%
Efficiency
Days sales outstanding40.640.640.038.139.148.748.148.351.452.5
Days of inventory on hand137.6138.9140.6134.3126.2134.8126.5132.0125.9117.5
Days payables outstanding44.143.338.941.043.840.032.832.935.035.9
Cash conversion cycle (days)134.1136.2141.7131.3121.5143.5141.7147.5142.3134.0
Receivables turnover8.999.009.129.589.347.497.597.557.106.95
Payables turnover8.298.439.388.908.339.1211.1311.1010.4410.16
Inventory turnover2.652.632.602.722.892.712.892.762.903.11
Asset turnover1.131.141.211.251.171.011.111.101.010.93
Average receivables$237.2M$224.6M$226.4M$213.3M$178.0M$166.6M$173.1M$172.0M$158.5M$136.6M
Average payables$166.0M$154.7M$145.8M$152.0M$130.3M$89.2M$79.6M$78.0M$71.6M$60.9M
Average inventory$518.4M$496.3M$526.8M$497.5M$375.5M$300.6M$307.1M$313.2M$257.9M$199.0M
Intangibles / total assets33.4%30.3%33.1%33.0%36.8%31.5%32.4%32.5%31.1%32.1%

Computed from FELE's annual financial statements (latest annual report filed February 20, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

FELE valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Franklin Electric traded at 29.6 times earnings, against a 10-year median of 26.4. Based on the latest twelve months, the trailing P/E is 28.9 and the forward P/E is 18.5. Franklin Electric earned a return on equity of 11.4% and a return on invested capital of 15.4% in fiscal 2025. It ended the year with $234.0 million of debt and $99.7 million in cash and short-term investments, net debt of $134.3 million. It returned $215.6 million to shareholders: $50.0 million in dividends and $165.6 million in share buybacks, 111% of free cash flow. The share count fell 3.5% from 47.2M to 45.5M over 9 years.

See the FELE income statement, the FELE chart for price history, or the FELE stock overview for the latest quote and news.

FELE key metrics FAQ

What is Franklin Electric's P/E ratio?

Franklin Electric's trailing P/E ratio is 28.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 18.5. At the end of fiscal 2025 it was 29.6, compared with a 10-year median of 26.4.

What is Franklin Electric's EV/EBITDA?

Franklin Electric's enterprise value was 16.7 times EBITDA at the end of fiscal 2025 (enterprise value $4.5 billion, EBITDA $268.2 million); the current EV/EBITDA is 15.7.

What is Franklin Electric's return on equity?

Franklin Electric's return on equity (ROE) was 11.4% in fiscal 2025: net income of $147.1 million on average shareholders' equity of $1.3 billion.

What is Franklin Electric's ROIC?

Franklin Electric's return on invested capital was 15.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Franklin Electric have?

Franklin Electric had total debt of $234.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.18 and $134.3 million of net debt (0.50 times EBITDA).

What is Franklin Electric's dividend yield?

Franklin Electric's forward dividend yield is 1.12%. Franklin Electric paid $50.0 million in dividends in fiscal 2025 ($1.10 per share), a payout ratio of 34.0%.

Does Franklin Electric buy back its shares?

Yes. Franklin Electric spent $165.6 million on net share repurchases in fiscal 2025 Shares outstanding changed −2.2% over the year, to 45.5M..

What is Franklin Electric's free cash flow yield?

Franklin Electric generated $193.5 million of free cash flow in fiscal 2025, a free cash flow yield of 4.5% on its market value at year-end ($4.3 billion).

What is Franklin Electric's current ratio?

Franklin Electric's current ratio was 2.79 at the end of fiscal 2025: current assets were 2.79 times current liabilities.

Specialty Industrial Machinery key metrics