Franklin Electric Co., Inc. (FELE)

Franklin Electric Co. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,009	2,065	2,044	1,662	1,247	1,315
Revenue Growth (YoY)	-3.51%	1.05%	22.98%	33.23%	-5.12%	1.27%
Cost of Revenue	1,296	1,368	1,352	1,086	814.19	886.48
Gross Profit	713.05	697.01	691.44	576.09	433.14	428.1
Selling, General & Admin	460.52	433.58	422.68	386.48	303.32	301.65
Operating Expenses	460.52	433.58	422.68	386.48	303.32	301.65
Operating Income	252.53	263.43	268.76	189.61	129.82	126.45
Interest Expense	-6.46	-11.79	-11.53	-5.2	-4.63	-8.25
Currency Exchange Gain (Loss)	-9.25	-12.12	-7.24	-2.27	-1.39	-1.64
Other Non Operating Income (Expenses)	2.24	4.1	-12.4	2.6	2.41	2.99
EBT Excluding Unusual Items	239.06	243.61	237.6	184.75	126.2	119.55
Merger & Restructuring Charges	-0.8	-1.39	-2.37	-1.52	-2.51	-2.72
Other Unusual Items	-	-	-	6.48	-	-
Pretax Income	238.26	242.22	235.23	189.71	123.7	116.84
Income Tax Expense	52.12	47.49	46.42	34.73	22.54	20.84
Earnings From Continuing Operations	186.15	194.73	188.81	154.98	101.16	96
Minority Interest in Earnings	-0.94	-1.46	-1.48	-1.12	-0.7	-0.52
Net Income	185.2	193.27	187.33	153.86	100.46	95.48
Preferred Dividends & Other Adjustments	0.7	0.7	0.7	0.9	0.7	0.7
Net Income to Common	184.5	192.57	186.63	152.96	99.76	94.78
Net Income Growth	-4.68%	3.17%	21.75%	53.16%	5.21%	-9.82%
Shares Outstanding (Basic)	46	46	46	46	46	46
Shares Outstanding (Diluted)	47	47	47	47	47	47
Shares Change (YoY)	-0.53%	-0.21%	-	0.64%	-0.21%	-0.43%
EPS (Basic)	4.01	4.17	4.03	3.30	2.16	2.04
EPS (Diluted)	3.96	4.11	3.97	3.25	2.14	2.03
EPS Growth	-4.14%	3.53%	22.15%	51.87%	5.42%	-8.97%
Free Cash Flow	228.01	274.3	59.77	99.65	189	155.82
Free Cash Flow Per Share	4.89	5.85	1.27	2.12	4.05	3.33
Dividend Per Share	0.975	0.900	0.780	0.700	0.620	0.580
Dividend Growth	12.07%	15.38%	11.43%	12.90%	6.90%	24.06%
Gross Margin	35.50%	33.75%	33.83%	34.67%	34.73%	32.57%
Operating Margin	12.57%	12.76%	13.15%	11.41%	10.41%	9.62%
Profit Margin	9.19%	9.32%	9.13%	9.20%	8.00%	7.21%
Free Cash Flow Margin	11.35%	13.28%	2.92%	6.00%	15.15%	11.85%
EBITDA	307.04	315.69	319.13	234.19	166.31	163.43
EBITDA Margin	15.29%	15.29%	15.62%	14.09%	13.33%	12.43%
D&A For EBITDA	54.5	52.26	50.37	44.57	36.49	36.98
EBIT	252.53	263.43	268.76	189.61	129.82	126.45
EBIT Margin	12.57%	12.76%	13.15%	11.41%	10.41%	9.62%
Effective Tax Rate	21.87%	19.61%	19.73%	18.31%	18.22%	17.83%

Source: S&P Capital IQ. Standard template. Financial Sources.