Franklin Electric
Industrial Machinery & Equipment · Indiana, United States · 5K - 10K Employees
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Overview
Headquarters
9255 Coverdale Rd, Fort Wayne, Indiana, ...Phone Number
(260) 824-2900Website
www.franklin-electric.comRevenue
$2.2 BillionStock Symbol
FELEIndustry
ZI Rank: 1
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ZI Rank
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About Franklin Electric
Franklin Electric has grown from a small motor manufacturing company into a leading global provider of systems and components for moving water and energy. Named after Americas pioneer electrical engineer, Benjamin Franklin, we continue to follow the core of our founders strategy by continuously improving our products and processes to deliver valuable and innovative solutions that better serve our customers needs.Explore more
Franklin Electric Org Chart
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Company Profile Activity
Activity Insights
Franklin Electric is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Franklin Electric is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Franklin Electric.
Franklin Electric Tech Stack
A closer look at the technologies used by Franklin Electric
Most Recent Scoops
Project
Franklin Electric is ramping up a new factory in Turkey and is working through facility consolidations in North America as part of an effort to build a more efficient operating structure. These actions are expected to deliver a productivity boost as the company moves into 2027.
Earnings
Franklin Electric has reported an effective tax rate of 25.7% for Q2 2026, compared to 24.9% in Q2 2025, with the increase primarily attributable to unfavorable discrete tax events in the quarter.
Earnings
Franklin Electric has reported Energy Systems sales of $80.2 million in Q2 2026, an increase of 3% compared to Q2 2025, with international sales outside the US and Canada up 12%, primarily in Europe and Africa. Excluding a $4.5 million legal settlement provision, adjusted Energy Systems operating income was $32.4 million, up 11% year-over-year, with an adjusted operating income margin of 40.4%, an improvement of 290 basis points from Q2 2025.
Earnings
ended Q2 2026 with a cash balance of $97.3 million and $107 million outstanding under its revolving credit agreement, and generated $58.7 million in net cash flows from operating activities during H1 2026, compared to $32 million in H1 2025, with the improvement primarily driven by better inventory management.
Earnings
Franklin Electric News & Media
Franklin Electric Reports Second Quarter 2026 Results
Second Quarter 2026 HighlightsFranklin Electric Declares Quarterly Dividend of $0.28 Per Share
FORT WAYNE, Ind., July 27, 2026 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.28 per share payable August 20, 2026, to shareholders of record on August 6, 2026.Franklin Electric Schedules Its Second Quarter 2026 Earnings Release and Conference Call
FORT WAYNE, Ind., July 14, 2026 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its second quarter 2026 earnings at 8:00 am ET on Tuesday, July 28, 2026. A conference call to review earnings and other developments in the business will commence at 10:00 am ET. The second quarter 2026 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to:Franklin Electric CFO Sells 2,800 Shares -- Should Investors Sell Too?
Jennifer Wolfenbarger's non-discretionary sale followed vesting of 6,440 restricted stock units. She retains 13,528 shares worth $1.4 million.
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Frequently Asked Questions Regarding Franklin Electric
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Franklin Electric has grown from a small motor manufacturing company into a leading global provider of systems and components for moving water and energy. Named after Americas pioneer electrical engineer, Benjamin Franklin, we continue to follow the core of our founders strategy by continuously improving our products and processes to deliver valuab... Read More
