Latest revenue
$500.4M
as of 2026-03-31
Latest net income
$34.3M
as of 2026-03-31
Net margin
6.9%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $4.34B
- Enterprise value
- $4.34B
- P/E (trailing)
- 29.5×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 1.1%
- 52-wk high
- $111.53
- 52-wk low
- $84.31
- Beta
- —
- Shares out
- 44.2M
5-year trend
What this company does
Franklin Electric manufactures water and fuel pumping systems, including submersible pumps, motors, drives, and fueling equipment used in residential, agricultural, industrial, and gas station applications. The company generates revenue primarily from selling these pumping products and related distribution services, with Q1 2026 net sales reaching $500 million, up 10% year-over-year. Margins are compressing as cost of sales grew faster than revenue and restructuring expense jumped to $3.9 million, signaling an active cost-reset effort alongside continued bolt-on acquisition activity.
Generated from FELE's filing dated 2026-02-20
Key risks
- Working capital drag: Q1 operating cash flow was -$40.9M as receivables grew $49.6M and inventory rose $30.2M to $583M.
- Leverage rising: short-term borrowings jumped to $89.8M from $31.8M; net debt up while cash fell to $80.4M from $99.7M.
- Goodwill/intangibles of $646.8M equal ~48% of equity, creating impairment risk if recent acquisitions underperform amid restructuring ($3.9M Q1 charge).
Generated from FELE's filing dated 2026-02-20
Profitability
Gross margin
35.5%
0.0%Operating margin
12.6%
4.7%Net margin
6.9%
22.6%Return on equity
11.1%
21.9%Return on assets
7.6%
23.6%Leverage
Debt / equity
0.47×
7.3%Long-term debt / equity
0.10×
1013.5%Debt / assets
32.0%
5.0%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $500.4M | +9.9% | $34.3M | +10.9% | 6.9% |
Q4 2025 2025-12-31 | $506.9M | +4.3% | $39.3M | +16.6% | 7.7% |
Q3 2025 2025-09-30 | $581.7M | +9.5% | $16.7M | -69.3% | 2.9% |
Q2 2025 2025-06-30 | $587.4M | +8.1% | $60.1M | +1.8% | 10.2% |
Q1 2025 2025-03-31 | $455.2M | -1.2% | $31.0M | -6.1% | 6.8% |
Q4 2024 2024-12-31 | $485.7M | — | $33.7M | — | 6.9% |
Q3 2024 2024-09-30 | $531.4M | -1.3% | $54.6M | -5.5% | 10.3% |
Q2 2024 2024-06-30 | $543.3M | -4.6% | $59.1M | -0.8% | 10.9% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Motors & Generators · SIC 3621
Your notes
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Insider activity
Insider buying
$46.7K
Insider selling
$10.0M
Net activity
−$9.9M
Distinct insiders
5
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns FELE
Institutional value
$2.21B
Total shares held
24.3M
Distinct holders
238
-124 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 6.5M | $595.7M | +130.2K (+2.1%) | Added |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.4M | $216.9M | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 1.7M | $157.3M | — | New |
| 4 | Allspring Global Investments Holdings, LLC | 1.6M | $149.2M | -263.4K (-14.2%) | Trimmed |
| 5 | Impax Asset Management Group plc | 1.3M | $119.5M | +175.4K (+15.6%) | Added |
| 6 | FIRST TRUST ADVISORS LP | 1.3M | $118.2M | -168.8K (-11.6%) | Trimmed |
| 7 | DIMENSIONAL FUND ADVISORS LP | 1.0M | $93.1M | +36.3K (+3.7%) | Added |
| 8 | KING LUTHER CAPITAL MANAGEMENT CORP | 997.0K | $91.9M | -29.7K (-2.9%) | Trimmed |
| 9 | Invesco Ltd. | 588.5K | $54.2M | +86.6K (+17.2%) | Added |
| 10 | Nuveen, LLC | 515.2K | $47.5M | +146.2K (+39.6%) | Added |
| 11 | Boston Trust Walden Corp | 416.0K | $38.3M | -158.3K (-27.6%) | Trimmed |
| 12 | Allianz Asset Management GmbH | 367.7K | $33.9M | -57.4K (-13.5%) | Trimmed |
| 13 | Bank of New York Mellon Corp | 304.6K | $28.1M | -7.6K (-2.4%) | Trimmed |
| 14 | Legal & General Group Plc | 298.7K | $27.5M | +8.1K (+2.8%) | Added |
| 15 | VANGUARD FIDUCIARY TRUST CO | 266.1K | $24.5M | — | New |
| 16 | Assenagon Asset Management S.A. | 257.2K | $23.7M | -118.0K (-31.5%) | Trimmed |
| 17 | FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | 242.5K | $22.4M | -42.9K (-15.0%) | Trimmed |
| 18 | PRINCIPAL FINANCIAL GROUP INC | 224.1K | $20.7M | +10.3K (+4.8%) | Added |
| 19 | Running Oak Capital LLC | 150.7K | $13.9M | -7.2K (-4.6%) | Trimmed |
| 20 | Tributary Capital Management, LLC | 141.8K | $13.1M | -3.9K (-2.7%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Operating cash flow worsened to negative $40.9M from negative $19.5M, with inventory up $30M and receivables up $50M—why isn't this destocking?
- 2
Gross margin compressed roughly 100bps to 34.9% despite 9.9% revenue growth—what's driving the deleverage and when does pricing catch up to costs?
- 3
Restructuring expense jumped 24x to $3.9M—what specifically is being restructured, what's the total program cost, and expected payback?
Refreshed when FELE files a new report · last from 2026-02-20