Franklin Electric Co., Inc. (FELE) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	2.2B	2.1B	2.0B	2.1B	2.0B
Cost of Revenue	1.4B	1.4B	1.3B	1.4B	1.4B
Gross Profit	785.8M	755.9M	717.3M	697.0M	691.4M
Operating Expenses
R&D Expense	—	20.0M	21.5M	17.7M	16.7M
SG&A Expense	497.4M	463.9M	466.5M	433.9M	422.9M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	4.9M	—	(14.4M)	(17.0M)	(5.3M)
Total Operating Expenses	502.3M	483.9M	473.6M	434.6M	434.2M
Cost and Expenses	1.9B	1.9B	1.8B	1.8B	1.8B
Operating Income (EBIT)	283.5M	272.0M	243.6M	262.4M	257.2M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	11.9M	10.6M	6.3M	11.8M	11.5M
Net Interest Income	(11.9M)	(10.6M)	(6.3M)	(11.8M)	(11.5M)
Other Non-Op Income/Expense	(76.6M)	(77.3M)	(11.8M)	(20.2M)	(22.0M)
Non-Operating Income (excl Interest)	64.7M	66.7M	5.5M	8.4M	10.4M
EBT (Pre-Tax Income)	206.9M	194.7M	231.8M	242.2M	235.2M
Income Tax Expense	49.3M	46.0M	50.2M	47.5M	46.4M
Bottom Line
Net Income	156.1M	147.1M	180.3M	193.3M	187.3M
Earnings from Cont. Ops	157.6M	148.7M	181.6M	194.7M	188.8M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	155.6M	146.5M	179.6M	192.6M	186.6M
Per Share
Basic EPS	$3.50	$3.26	$3.92	$4.17	$4.03
Diluted EPS	$3.47	$3.22	$3.86	$4.11	$3.97
Revenue Per Share	$49.79	$47.36	$44.04	$44.70	$44.14
Shares
Basic Shares Outstanding	44.4M	45.0M	45.9M	46.2M	46.3M
Diluted Shares Outstanding	45.0M	45.5M	46.5M	46.9M	47.0M
Profitability Metrics
EBITDA	274.0M	268.2M	294.2M	306.3M	297.1M
D&A	55.3M	62.9M	56.1M	52.3M	50.4M
EBIT	218.7M	205.3M	238.2M	254.0M	246.8M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026