Franklin Electric Co., Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.13B | $2.02B | $2.07B | $2.04B | $1.66B | $1.25B | $1.31B | $1.30B |
| Cost of Revenue | $1.38B | $1.30B | $1.37B | $1.35B | $1.09B | $814.2M | $886.5M | $865.8M |
| Gross Profit | $755.9M | $717.3M | $697.0M | $691.4M | $576.1M | $433.1M | $428.1M | $432.4M |
| Gross Margin | 35.5% | 35.5% | 33.8% | 33.8% | 34.7% | 34.7% | 32.6% | 33.3% |
| Operating Expenses | ||||||||
| Research & Development | $20.0M | $21.5M | $17.7M | $16.7M | $17.3M | $21.7M | $20.8M | $22.1M |
| SG&A Expense | $486.2M | $470.1M | $433.5M | $432.1M | $386.3M | $300.1M | $298.5M | $298.7M |
| Operating Income | $269.0M | $243.6M | $262.4M | $257.2M | $189.2M | $130.5M | $127.1M | $132.0M |
| Operating Margin | 12.6% | 12.1% | 12.7% | 12.6% | 11.4% | 10.5% | 9.7% | 10.2% |
| Interest Expense | $10.6M | $6.3M | $11.8M | $11.5M | $5.2M | $4.6M | $8.2M | $9.8M |
| Pretax Income | $194.7M | $231.8M | $242.2M | $235.2M | $189.7M | $123.7M | $116.8M | $120.4M |
| Income Tax Expense | $46.0M | $50.2M | $47.5M | $46.4M | $34.7M | $22.5M | $20.8M | $14.9M |
| Net Income | $147.1M | $180.3M | $193.3M | $187.3M | $153.9M | $100.5M | $95.5M | $105.9M |
| Net Margin | 6.9% | 8.9% | 9.4% | 9.2% | 9.3% | 8.1% | 7.3% | 8.2% |
| EPS (Basic) | $3.25 | $3.92 | $4.17 | $4.02 | $3.29 | $2.16 | $2.04 | $2.25 |
| EPS (Diluted) | $3.22 | $3.86 | $4.11 | $3.97 | $3.25 | $2.14 | $2.03 | $2.23 |
| Shares Outstanding (Basic) | 45.0M | 45.9M | 46.2M | 46.3M | 46.4M | 46.2M | 46.4M | 46.6M |
| Shares Outstanding (Diluted) | 45.5M | 46.5M | 46.9M | 47.0M | 47.0M | 46.7M | 46.8M | 47.0M |
| Dividends Per Share | — | — | — | — | — | — | $0.58 | $0.47 |