Franklin Electric Co., Inc. (FELE)

Franklin Electric Co. Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,041	2,065	2,044	1,662	1,247	1,315
Revenue Growth (YoY)	-1.70%	1.05%	22.98%	33.23%	-5.12%	1.27%
Cost of Revenue	1,343	1,368	1,352	1,086	814.19	886.48
Gross Profit	698.32	697.01	691.44	576.09	433.14	428.1
Selling, General & Admin	439.59	433.48	432.08	386.28	300.12	298.45
Other Operating Expenses	0.97	1.09	2.17	0.62	2.51	2.52
Operating Expenses	440.55	434.57	434.25	386.9	302.63	300.97
Operating Income	257.77	262.44	257.19	189.19	130.51	127.13
Interest Expense / Income	10.09	11.79	11.53	5.2	4.63	8.25
Other Expense / Income	12.31	9.89	11.92	-4.59	2.88	2.57
Pretax Income	235.37	240.76	233.75	188.59	123	116.32
Income Tax	46.46	47.49	46.42	34.73	22.54	20.84
Net Income	188.91	193.27	187.33	153.86	100.46	95.48
Net Income Growth	-3.07%	3.17%	21.75%	53.16%	5.21%	-9.82%
Shares Outstanding (Basic)	46	46	46	46	46	46
Shares Change	-0.30%	-0.41%	-0.24%	0.49%	-0.34%	-0.82%
EPS (Basic)	4.08	4.17	4.02	3.29	2.16	2.04
EPS (Diluted)	4.02	4.11	3.97	3.25	2.14	2.03
EPS Growth	-2.66%	3.53%	22.15%	51.87%	5.42%	-8.97%
Free Cash Flow	286.93	275.79	59.78	100.63	189.03	156.69
Free Cash Flow Per Share	6.23	5.98	1.29	2.17	4.09	3.38
Dividend Per Share	0.925	0.900	0.780	0.700	0.620	0.580
Dividend Growth	14.20%	15.38%	11.43%	12.90%	6.90%	24.20%
Gross Margin	34.21%	33.75%	33.83%	34.67%	34.73%	32.57%
Operating Margin	12.63%	12.71%	12.58%	11.38%	10.46%	9.67%
Profit Margin	9.25%	9.36%	9.17%	9.26%	8.05%	7.26%
Free Cash Flow Margin	14.05%	13.35%	2.92%	6.06%	15.15%	11.92%
Effective Tax Rate	19.74%	19.72%	19.86%	18.42%	18.33%	17.91%
EBITDA	318.48	323.66	313.05	252.17	175.81	173.24
EBITDA Margin	15.60%	15.67%	15.32%	15.17%	14.10%	13.18%
Depreciation & Amortization	73.02	71.11	67.78	58.38	48.19	48.68
EBIT	245.46	252.55	245.27	193.79	127.63	124.56
EBIT Margin	12.02%	12.23%	12.00%	11.66%	10.23%	9.48%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).