Franklin Electric Co. (FELE) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Franklin Electric Co.

NasdaqGS•Industrials•Specialty Industrial Machinery

$100.30+4.92(0.05%)Pre-market

Market Cap

$4.43B

P/E

22.2x

P/S

2.0x

P/B

3.1x

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Water Systems, Energy Systems, and Distribution segments. The Water Systems segment offers motors, pumps, water treatment systems, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater in a range of residential, agricultural, municipal, and industrial applications; and electronic drives and controls for the motors, which control functionality and provide protection from various hazards, such as electrical surges, over-heating, and dry wells or dry tanks. Its Energy Systems segment produces and markets pumps, motors, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in energy system applications; and components between the tanks and the dispensers, including submersible pumps, station hardware, piping, and corrosion control systems. This segment serves other energy markets, such as power reliability systems, including intelligent electronic devices that are designed for online monitoring for the power utility, hydroelectric, rail, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. In addition, the company manufactures precision triplex reciprocating pumps and systems. It sells its products to wholesale and retail distributors, specialty distributors, and industrial and petroleum equipment distributors, as well as to oil and utility companies, and original equipment manufacturers. The company was founded in 1944 and is headquartered in Fort Wayne, Indiana.

How this company scores

GoodMetricSide Score: 72/100

Strongest: Growth (21/25); weakest: Cash & Earnings Quality (16/25).

Profitability18/25

Growth21/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality16/25

Strengths

Rising earningsLow leverageInterest easily coveredCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 22.2x5y range 22.2x – 29.9x

Currently near its 20-quarter median.

P/S · 2.0x5y range 1.8x – 2.8x

Currently near its 20-quarter median.

P/B · 3.1x5y range 3.0x – 4.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Leverage Risk

Watch

Debt-to-equity has risen 192.2% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $4.43B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.26B
Q. Revenue: $633.62M
TTM EBITDA: $349.55M
TTM Op. Income: $279.82M
Q. Op. Income: $86.51M
TTM Net Income: $199.97M
Q. Net Income: $60.65M
EPS: $1.37
Shares Out.: $44.20M

$2.26B in TTM revenue grew 7.3% YoY, reaching $633.62M last quarter. TTM EBITDA of $349.55M and TTM operating income of $279.82M show growth is flowing through to the bottom line. TTM net income of $199.97M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 35.4%
EBITDA Margin: 16.7%
Op. Margin: 13.7%
Net Margin: 9.6%

Op. margin of 13.7% is down 1.0% YoY — costs are rising relative to revenue. Net margin at 9.6% and gross margin of 35.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 7% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 22.2x
P/S Ratio: 2.0x
P/B Ratio: 3.1x

At 22.2x P/E, the stock trades within typical market levels. P/S of 2.0x and P/B of 3.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 25% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.64B
Cash: $159.10M
Long-Term Debt: $433.46M
Book Value: $1.45B
D/E Ratio: 0.3
Debt/EBITDA: 4.1

With $2.64B in assets and $433.46M in long-term debt, D/E is 0.3and book value is $1.45B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 192% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $80.49M
TTM Free Cash Flow: $193.49M
FCF Margin: 8.5%
FCF / Net Income: 1.0

TTM FCF of $193.49M on $80.49M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 4% — a weakening trend.