Franklin Elec Inc Financials

FELE

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Key Financial Metrics

Revenue

$2.0B

YoY-2.1%

5Y CAGR+9.0%

10Y CAGR+6.8%

Franklin Elec Inc generated $2.0B in revenue in fiscal year 2024. This represents a decrease of 2.1% from the prior year.

EBITDA

$299.7M

YoY-4.8%

5Y CAGR+12.8%

10Y CAGR+8.1%

Franklin Elec Inc's EBITDA was $299.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4.8% from the prior year.

Free Cash Flow

$219.7M

YoY-19.9%

5Y CAGR+7.1%

10Y CAGR+33.9%

Franklin Elec Inc generated $219.7M in free cash flow in fiscal year 2024, representing cash available after capital expenditures. This represents a decrease of 19.9% from the prior year.

Net Income

$180.3M

YoY-6.7%

5Y CAGR+13.6%

10Y CAGR+10.0%

Franklin Elec Inc reported $180.3M in net income in fiscal year 2024. This represents a decrease of 6.7% from the prior year.

EPS (Diluted)

$3.86

YoY-6.1%

5Y CAGR+13.7%

10Y CAGR+10.6%

Franklin Elec Inc earned $3.86 per diluted share in fiscal year 2024. This represents a decrease of 6.1% from the prior year.

Cash & Debt

$220.5M

YoY+159.6%

5Y CAGR+27.9%

10Y CAGR+12.2%

Franklin Elec Inc held $220.5M in cash against $11.6M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

46M

YoY-0.8%

5Y CAGR-0.3%

10Y CAGR-0.4%

Franklin Elec Inc had 46M shares outstanding in fiscal year 2024. This represents a decrease of 0.8% from the prior year.

Gross Margin

35.5%

YoY+1.7pp

5Y CAGR+2.9pp

10Y CAGR+2.6pp

Franklin Elec Inc's gross margin was 35.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 1.7 percentage points from the prior year.

Operating Margin

12.0%

YoY-0.7pp

5Y CAGR+2.4pp

10Y CAGR+2.5pp

Franklin Elec Inc's operating margin was 12.0% in fiscal year 2024, reflecting core business profitability. This is down 0.7 percentage points from the prior year.

Net Margin

8.9%

YoY-0.4pp

5Y CAGR+1.7pp

10Y CAGR+2.3pp

Franklin Elec Inc's net profit margin was 8.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.

Return on Equity

14.2%

YoY-1.8pp

5Y CAGR+2.2pp

10Y CAGR+2.3pp

Franklin Elec Inc's return on equity was 14.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.8 percentage points from the prior year.

R&D Spending

$21.5M

YoY+21.5%

5Y CAGR+0.7%

10Y CAGR+1.1%

Franklin Elec Inc invested $21.5M in research and development in fiscal year 2024. This represents an increase of 21.5% from the prior year.

Share Buybacks

$61.0M

YoY+40.9%

5Y CAGR+41.6%

10Y CAGR+19.1%

Franklin Elec Inc spent $61.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 40.9% from the prior year.

Capital Expenditures

$41.7M

YoY+0.6%

5Y CAGR+13.8%

10Y CAGR+1.6%

Franklin Elec Inc invested $41.7M in capital expenditures in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 0.6% from the prior year.

FELE Income Statement

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Revenue	$2.0B-2.1%	$2.1B+1.0%	$2.0B+23.0%	$1.7B+33.2%	$1.2B-5.1%	$1.3B
Cost of Revenue	$1.3B-4.7%	$1.4B+1.2%	$1.4B+24.5%	$1.1B+33.4%	$814.2M-8.2%	$886.5M
Gross Profit	$717.3M+2.9%	$697.0M+0.8%	$691.4M+20.0%	$576.1M+33.0%	$433.1M+1.2%	$428.1M
R&D Expenses	$21.5M+21.5%	$17.7M+6.0%	$16.7M-3.5%	$17.3M-20.3%	$21.7M+4.3%	$20.8M
SG&A Expenses	$470.1M+8.5%	$433.5M+0.3%	$432.1M+11.9%	$386.3M+28.7%	$300.1M+0.6%	$298.5M
Operating Income	$243.6M-7.2%	$262.4M+2.0%	$257.2M+35.9%	$189.2M+45.0%	$130.5M+2.7%	$127.1M
Interest Expense	$6.3M-46.4%	$11.8M+2.3%	$11.5M+121.8%	$5.2M+12.3%	$4.6M-43.9%	$8.2M
Income Tax	$50.2M+5.8%	$47.5M+2.3%	$46.4M+33.6%	$34.7M+54.1%	$22.5M+8.2%	$20.8M
Net Income	$180.3M-6.7%	$193.3M+3.2%	$187.3M+21.8%	$153.9M+53.2%	$100.5M+5.2%	$95.5M
EPS (Diluted)	$3.86-6.1%	$4.11+3.5%	$3.97+22.2%	$3.25+51.9%	$2.14+5.4%	$2.03

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$581.7M-1.0%	$587.4M+29.0%	$455.2M	N/A	$531.4M-2.2%	$543.3M+17.9%	$460.9M	N/A
Cost of Revenue	$373.0M-0.7%	$375.6M+28.9%	$291.3M	N/A	$341.8M-0.5%	$343.5M+15.5%	$297.3M	N/A
Gross Profit	$208.7M-1.5%	$211.8M+29.2%	$163.9M	N/A	$189.7M-5.1%	$199.8M+22.1%	$163.6M	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$123.5M0.0%	$123.5M+3.2%	$119.6M	N/A	$116.0M-3.9%	$120.6M+4.3%	$115.6M	N/A
Operating Income	$85.1M-3.4%	$88.1M+99.9%	$44.1M	N/A	$73.5M-7.1%	$79.1M+65.1%	$47.9M	N/A
Interest Expense	$3.5M+24.6%	$2.8M+55.9%	$1.8M	N/A	$1.6M-21.3%	$2.0M+36.5%	$1.4M	N/A
Income Tax	$6.3M-68.5%	$20.1M+91.5%	$10.5M	N/A	$17.0M-3.5%	$17.6M+90.7%	$9.2M	N/A
Net Income	$16.7M-72.2%	$60.1M+94.2%	$31.0M	N/A	$54.6M-7.6%	$59.1M+79.3%	$33.0M	N/A
EPS (Diluted)	$0.37-71.8%	$1.31+95.5%	$0.67	N/A	$1.17-7.1%	$1.26+80.0%	$0.70	N/A

FELE Balance Sheet

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Total Assets	$1.8B+5.4%	$1.7B+2.0%	$1.7B+7.6%	$1.6B+23.8%	$1.3B+6.5%	$1.2B
Current Assets	$964.2M+12.9%	$853.8M-0.5%	$858.1M+18.4%	$724.6M+17.0%	$619.3M+9.1%	$567.4M
Cash & Equivalents	$220.5M+159.6%	$85.0M+85.5%	$45.8M+13.0%	$40.5M-69.0%	$130.8M+103.1%	$64.4M
Inventory	$483.9M-4.9%	$508.7M-6.7%	$545.0M+21.1%	$450.0M+49.5%	$300.9M+0.2%	$300.2M
Accounts Receivable	$226.8M+2.0%	$222.4M-3.5%	$230.4M+17.4%	$196.2M+22.7%	$159.8M-7.8%	$173.3M
Goodwill	$338.5M-1.1%	$342.4M+4.4%	$328.0M-0.5%	$329.6M+23.6%	$266.7M+4.1%	$256.1M
Total Liabilities	$554.5M+6.3%	$521.4M-16.8%	$626.3M-0.4%	$628.7M+48.1%	$424.5M+6.6%	$398.2M
Current Liabilities	$433.7M+51.1%	$287.0M-29.3%	$405.8M+2.5%	$396.0M+94.4%	$203.7M+9.7%	$185.8M
Long-Term Debt	$11.6M-86.8%	$88.1M-1.4%	$89.3M-1.4%	$90.5M-1.6%	$92.0M-1.3%	$93.1M
Total Equity	$1.3B+4.9%	$1.2B+13.0%	$1.1B+12.8%	$946.5M+11.6%	$847.8M+6.4%	$796.5M
Retained Earnings	$1.2B+6.8%	$1.1B+11.3%	$969.3M+12.7%	$859.8M+12.5%	$764.6M+7.3%	$712.5M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$2.0B-1.0%	$2.0B+4.6%	$1.9B+5.9%	$1.8B+0.7%	$1.8B+1.3%	$1.8B+0.6%	$1.8B+2.6%	$1.7B
Current Assets	$1.0B-1.9%	$1.0B+8.3%	$956.6M-0.8%	$964.2M+2.3%	$942.5M+2.6%	$918.7M+1.9%	$901.4M+5.6%	$853.8M
Cash & Equivalents	$102.9M-1.6%	$104.6M+24.5%	$84.0M-61.9%	$220.5M+107.5%	$106.3M+82.9%	$58.1M-11.0%	$65.3M-23.1%	$85.0M
Inventory	$569.2M-0.8%	$573.6M+2.4%	$560.3M+15.8%	$483.9M-7.8%	$524.6M-0.1%	$525.4M-1.3%	$532.2M+4.6%	$508.7M
Accounts Receivable	$291.2M-7.6%	$315.3M+16.0%	$271.7M+19.8%	$226.8M-16.6%	$272.0M-9.1%	$299.2M+13.9%	$262.6M+18.1%	$222.4M
Goodwill	$398.4M+0.6%	$396.0M+1.1%	$391.5M+15.7%	$338.5M-0.8%	$341.1M+0.4%	$339.8M-0.2%	$340.5M-0.6%	$342.4M
Total Liabilities	$679.4M-10.1%	$756.0M+19.7%	$631.6M+13.9%	$554.5M+3.2%	$537.6M-4.4%	$562.1M+1.7%	$552.7M+6.0%	$521.4M
Current Liabilities	$400.8M-33.7%	$604.1M+24.8%	$484.0M+11.6%	$433.7M+10.3%	$393.2M+13.6%	$346.1M+9.4%	$316.2M+10.2%	$287.0M
Long-Term Debt	$135.2M+831.9%	$14.5M-2.3%	$14.9M+27.8%	$11.6M+0.4%	$11.6M-86.7%	$87.2M-0.2%	$87.4M-0.7%	$88.1M
Total Equity	$1.3B+4.4%	$1.3B-2.7%	$1.3B+2.5%	$1.3B-0.3%	$1.3B+3.9%	$1.2B+0.1%	$1.2B+1.1%	$1.2B
Retained Earnings	$1.1B+0.4%	$1.1B-6.4%	$1.2B+1.0%	$1.2B+1.6%	$1.1B+3.1%	$1.1B+0.8%	$1.1B+1.1%	$1.1B

FELE Cash Flow Statement

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Operating Cash Flow	$261.4M-17.2%	$315.7M+210.5%	$101.7M-21.6%	$129.8M-38.7%	$211.9M+19.2%	$177.7M
Capital Expenditures	$41.7M+0.6%	$41.4M-1.2%	$41.9M+39.1%	$30.1M+31.8%	$22.9M+4.6%	$21.9M
Free Cash Flow	$219.7M-19.9%	$274.3M+358.9%	$59.8M-40.0%	$99.6M-47.3%	$189.0M+21.3%	$155.8M
Investing Cash Flow	-$45.6M+38.6%	-$74.3M-72.5%	-$43.1M+83.7%	-$264.8M-236.0%	-$78.8M-88.5%	-$41.8M
Financing Cash Flow	-$74.1M+61.5%	-$192.2M-296.5%	-$48.5M-195.2%	$50.9M+176.4%	-$66.6M+47.4%	-$126.6M
Dividends Paid	$46.9M+12.4%	$41.7M+12.8%	$37.0M+10.8%	$33.4M+12.5%	$29.7M+7.2%	$27.7M
Share Buybacks	$61.0M+40.9%	$43.3M+7.0%	$40.5M+56.0%	$25.9M+32.7%	$19.6M+82.0%	$10.7M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	-$19.5M	N/A	N/A	N/A	-$1.4M	N/A
Capital Expenditures	N/A	N/A	$6.8M	N/A	N/A	N/A	$9.2M	N/A
Free Cash Flow	N/A	N/A	-$26.3M	N/A	N/A	N/A	-$10.5M	N/A
Investing Cash Flow	N/A	N/A	-$116.1M	N/A	N/A	N/A	-$10.2M	N/A
Financing Cash Flow	N/A	N/A	-$2.6M	N/A	N/A	N/A	-$6.3M	N/A
Dividends Paid	N/A	N/A	$13.2M	N/A	N/A	N/A	$12.4M	N/A
Share Buybacks	N/A	N/A	$6.9M	N/A	N/A	N/A	$9.0M	N/A

FELE Financial Ratios

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Gross Margin	35.5%+1.7pp	33.8%-0.1pp	33.8%-0.8pp	34.7%-0.1pp	34.7%+2.2pp	32.6%
Operating Margin	12.0%-0.7pp	12.7%+0.1pp	12.6%+1.2pp	11.4%+0.9pp	10.5%+0.8pp	9.7%
Net Margin	8.9%-0.4pp	9.4%+0.2pp	9.2%-0.1pp	9.3%+1.2pp	8.1%+0.8pp	7.3%
Return on Equity	14.2%-1.8pp	16.0%-1.5pp	17.5%+1.3pp	16.3%+4.4pp	11.8%-0.1pp	12.0%
Return on Assets	9.9%-1.3pp	11.2%+0.1pp	11.1%+1.3pp	9.8%+1.9pp	7.9%-0.1pp	8.0%
Current Ratio	2.22-0.8	2.97+0.9	2.11+0.3	1.83-1.2	3.04-0.0	3.05
Debt-to-Equity	0.01-0.1	0.07-0.0	0.08-0.0	0.10-0.0	0.110.0	0.12
FCF Margin	10.9%-2.4pp	13.3%+10.4pp	2.9%-3.1pp	6.0%-9.2pp	15.2%+3.3pp	11.8%

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	35.9%-0.2pp	36.1%+0.1pp	36.0%	N/A	35.7%-1.1pp	36.8%+1.3pp	35.5%	N/A
Operating Margin	14.6%-0.4pp	15.0%+5.3pp	9.7%	N/A	13.8%-0.7pp	14.6%+4.2pp	10.4%	N/A
Net Margin	2.9%-7.4pp	10.2%+3.4pp	6.8%	N/A	10.3%-0.6pp	10.9%+3.7pp	7.1%	N/A
Return on Equity	1.3%-3.5pp	4.8%+2.4pp	2.4%	N/A	4.3%-0.5pp	4.8%+2.1pp	2.7%	N/A
Return on Assets	0.8%-2.1pp	3.0%+1.4pp	1.6%	N/A	3.0%-0.3pp	3.3%+1.4pp	1.9%	N/A
Current Ratio	2.54+0.8	1.72-0.3	1.98-0.2	2.22-0.2	2.40-0.3	2.65-0.2	2.85-0.1	2.97
Debt-to-Equity	0.10+0.1	0.010.0	0.010.0	0.010.0	0.01-0.1	0.070.0	0.070.0	0.07
FCF Margin	N/A	N/A	-5.8%	N/A	N/A	N/A	-2.3%	N/A

Frequently Asked Questions

What is Franklin Elec Inc's annual revenue?

Franklin Elec Inc (FELE) reported $2.0B in revenue for fiscal year 2024.

How fast is Franklin Elec Inc's revenue growing?

Franklin Elec Inc (FELE) revenue declined by 2.1% year-over-year, from $2.1B to $2.0B in fiscal year 2024.

Is Franklin Elec Inc profitable?

Yes, Franklin Elec Inc (FELE) reported a net income of $180.3M in fiscal year 2024, with a net profit margin of 8.9%.

What is Franklin Elec Inc's earnings per share (EPS)?

Franklin Elec Inc (FELE) reported diluted earnings per share of $3.86 for fiscal year 2024.

What is Franklin Elec Inc's EBITDA?

Franklin Elec Inc (FELE) had EBITDA of $299.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Franklin Elec Inc have?

As of fiscal year 2024, Franklin Elec Inc (FELE) had $220.5M in cash and equivalents against $11.6M in long-term debt.

What is Franklin Elec Inc's gross margin?

Franklin Elec Inc (FELE) had a gross margin of 35.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Franklin Elec Inc's operating margin?

Franklin Elec Inc (FELE) had an operating margin of 12.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Franklin Elec Inc's net profit margin?

Franklin Elec Inc (FELE) had a net profit margin of 8.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Franklin Elec Inc's return on equity (ROE)?

Franklin Elec Inc (FELE) has a return on equity of 14.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Franklin Elec Inc's free cash flow?

Franklin Elec Inc (FELE) generated $219.7M in free cash flow during fiscal year 2024, representing cash available after capital expenditures.

What is Franklin Elec Inc's operating cash flow?

Franklin Elec Inc (FELE) generated $261.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Franklin Elec Inc's total assets?

Franklin Elec Inc (FELE) had $1.8B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Franklin Elec Inc's capital expenditures?

Franklin Elec Inc (FELE) invested $41.7M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Franklin Elec Inc spend on research and development?

Franklin Elec Inc (FELE) invested $21.5M in research and development during fiscal year 2024.

Does Franklin Elec Inc buy back shares?

Yes, Franklin Elec Inc (FELE) spent $61.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Franklin Elec Inc have outstanding?

Franklin Elec Inc (FELE) had 46M shares outstanding as of fiscal year 2024.

What is Franklin Elec Inc's current ratio?

Franklin Elec Inc (FELE) had a current ratio of 2.22 as of fiscal year 2024, which is generally considered healthy.

What is Franklin Elec Inc's debt-to-equity ratio?

Franklin Elec Inc (FELE) had a debt-to-equity ratio of 0.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Franklin Elec Inc's return on assets (ROA)?

Franklin Elec Inc (FELE) had a return on assets of 9.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.