FELEFranklin Electric Co., Inc.

$102.50

Is the business good?

How good a business is FELE?

Franklin Electric Co., Inc. earns 15% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

15%

Return on invested capital · cost of capital 9.0% · 5.5 points above what the capital costs: growth creates value

Operating margin
13%

Operating margin · Specialty Industrial Machinery median 15% · 12 months to Q1 2026

Cash conversion
1.13×

Cash conversion · 1.14× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−3.5%

Share count, year on year · bought back, each share owns more of the company

Operating margin by fiscal year
YearOperating margin
FY202010%
FY202111%
FY202213%
FY202313%
FY202412%
FY202513%
Details
Gross margin12 months to Q1 2026
35%
Operating margin12 months to Q1 2026
13%
Net margin12 months to Q1 2026
6.9%
Free cash flow margin
7.8%
Revenue, trailing twelve months
$2.18B
Free cash flow, trailing twelve months
$169M
Net income, trailing twelve months
$150M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
15%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.