Overview
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- TickerFELE on Nasdaq1
- IndustryMotors & Generators1
- HeadquartersFort Wayne, Indiana1
- Incorporated inIN2
- Business address9255 Coverdale Road, Fort Wayne, In 468092
- Filer categoryLarge accelerated filer2
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Franklin Electric Co., Inc. (“Franklin Electric” or the “Company”) is an Indiana corporation founded in 1944 and incorporated in 1946. Named after America’s pioneer electrical engineer, Benjamin Franklin, Franklin Electric manufactured the first water-lubricated submersible motor for water systems and the first submersible motor for fueling systems. With 2025 revenue of approximately $2.1 billion, the Company designs, manufactures and distributes water and fuel pumping systems, composed primarily of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Water Systems brought in 56% of the revenue FRANKLIN ELECTRIC CO INC broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Water Systems | $1.2B | $1.2B | $1.3B |
| Distribution | $673.3M | $685.5M | $700.7M |
| Energy Systems | $296.5M | $273.7M | $299.0M |
Regions
United States brought in 68% of the revenue FRANKLIN ELECTRIC CO INC broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $1.4B | $1.4B | $1.4B |
| Outside the United States | $623.5M | $620.9M | $684.8M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue65¢$1.4B
- Research and development1¢$20.0M
- Selling, general and admin23¢$486.2M
- Other costs2¢$46.0M
- Interest0¢$10.6M
- Income tax2¢$46.0M
- Profit7¢$147.1M
Out of $2.1B in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending17¢$45.3M
- Dividends paid19¢$50.0M
- Share buybacks63¢$165.6M
Out of $238.9M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | $2.1B | $2.0B | $2.1B |
| Cost of sales | $1.4B | $1.3B | $1.4B |
| Gross profit | $755.9M | $717.3M | $697.0M |
| Selling, general, and administrative expenses | $486.2M | $470.1M | $433.5M |
| Restructuring expense | $716.0K | $3.5M | $1.1M |
| Operating income | $269.0M | $243.6M | $262.4M |
| Interest expense | -$10.6M | -$6.3M | -$11.8M |
| Other income, net | $585.0K | $1.3M | $3.7M |
| Foreign exchange expense, net | -$9.3M | -$6.8M | -$12.1M |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | -$54.9M | $0 | $0 |
| Income before income taxes | $194.7M | $231.8M | $242.2M |
| Income tax expense | $46.0M | $50.2M | $47.5M |
| Net income | $148.7M | $181.6M | $194.7M |
| Less: Net income attributable to noncontrolling interests | -$1.6M | -$1.3M | -$1.5M |
| Net income attributable to Franklin Electric Co., Inc. | $147.1M | $180.3M | $193.3M |
| Basic | $3.25 | $3.92 | $4.17 |
| Diluted | $3.22 | $3.86 | $4.11 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $99.7M | $220.5M | |
| Receivables, less allowances of $3,821 and $3,547, respectively | $247.5M | $226.8M | |
| Raw material | $189.4M | $160.9M | |
| Work-in-process | $27.8M | $25.0M | |
| Finished goods | $335.9M | $298.0M | |
| Total inventories | $553.0M | $483.9M | |
| Other current assets | $58.5M | $33.0M | |
| Total current assets | $958.6M | $964.2M | |
| Land and buildings | $179.7M | $161.9M | |
| Machinery and equipment | $354.8M | $316.5M | |
| Furniture and fixtures | $63.6M | $58.3M | |
| Other | $79.2M | $67.0M | |
| Property, plant, and equipment, gross | $677.3M | $603.6M | |
| Less: Allowance for depreciation | -$425.1M | -$380.1M | |
| Property, plant, and equipment, net | $252.2M | $223.6M | |
| Lease right-of-use assets, net | $67.9M | $62.6M | |
| Deferred income taxes | $6.6M | $8.2M | |
| Intangible assets, net | $251.7M | $213.0M | |
| Goodwill | $398.1M | $338.5M | $342.4M |
| Other assets | $9.3M | $10.5M | |
| Total assets | $1.9B | $1.8B | $1.7B |
| Accounts payable | $175.0M | $157.0M | |
| Accrued expenses and other current liabilities | $108.0M | $119.8M | |
| Current lease liability | $20.5M | $18.9M | |
| Income taxes | $8.8M | $20.2M | |
| Current maturities of long-term debt and short-term borrowings | $31.8M | $117.8M | |
| Total current liabilities | $344.0M | $433.7M | |
| Long-term debt | $135.2M | $11.6M | |
| Long-term lease liability | $46.5M | $43.3M | |
| Deferred income taxes | $39.3M | $10.2M | |
| Employee benefit plans | $22.8M | $29.8M | |
| Other long-term liabilities | $29.5M | $22.1M | |
| Redeemable noncontrolling interest | $1.7M | $1.2M | |
| Common stock (65,000 shares authorized, $0.10 par value) outstanding (44,178 and 45,716, respectively) | $4.4M | $4.6M | |
| Additional paid-in capital | $391.5M | $364.0M | |
| Retained earnings | $1.1B | $1.2B | |
| Accumulated other comprehensive loss | -$157.5M | -$254.0M | |
| Total shareholders equity | $1.3B | $1.3B | |
| Noncontrolling interest | $2.8M | $2.5M | |
| Total equity | $1.3B | $1.3B | |
| Total liabilities and equity | $1.9B | $1.8B | |
| Common Stock, Shares Authorized | 65.0M shares | 65.0M shares | |
| Allowance for doubtful accounts | $3.8M | $3.5M | |
| Common shares, par value (in dollars per share) | $0.10 | $0.10 | |
| Common shares, outstanding | 44.2M shares | 45.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $99.7M | $220.5M | |
| Receivables, less allowances of $3,821 and $3,547, respectively | $247.5M | $226.8M | |
| Raw material | $189.4M | $160.9M | |
| Work-in-process | $27.8M | $25.0M | |
| Finished goods | $335.9M | $298.0M | |
| Total inventories | $553.0M | $483.9M | |
| Other current assets | $58.5M | $33.0M | |
| Total current assets | $958.6M | $964.2M | |
| Land and buildings | $179.7M | $161.9M | |
| Machinery and equipment | $354.8M | $316.5M | |
| Furniture and fixtures | $63.6M | $58.3M | |
| Other | $79.2M | $67.0M | |
| Property, plant, and equipment, gross | $677.3M | $603.6M | |
| Less: Allowance for depreciation | -$425.1M | -$380.1M | |
| Property, plant, and equipment, net | $252.2M | $223.6M | |
| Lease right-of-use assets, net | $67.9M | $62.6M | |
| Deferred income taxes | $6.6M | $8.2M | |
| Intangible assets, net | $251.7M | $213.0M | |
| Goodwill | $398.1M | $338.5M | $342.4M |
| Other assets | $9.3M | $10.5M | |
| Total assets | $1.9B | $1.8B | $1.7B |
| Accounts payable | $175.0M | $157.0M | |
| Accrued expenses and other current liabilities | $108.0M | $119.8M | |
| Current lease liability | $20.5M | $18.9M | |
| Income taxes | $8.8M | $20.2M | |
| Current maturities of long-term debt and short-term borrowings | $31.8M | $117.8M | |
| Total current liabilities | $344.0M | $433.7M | |
| Long-term debt | $135.2M | $11.6M | |
| Long-term lease liability | $46.5M | $43.3M | |
| Deferred income taxes | $39.3M | $10.2M | |
| Employee benefit plans | $22.8M | $29.8M | |
| Other long-term liabilities | $29.5M | $22.1M | |
| Redeemable noncontrolling interest | $1.7M | $1.2M | |
| Common stock (65,000 shares authorized, $0.10 par value) outstanding (44,178 and 45,716, respectively) | $4.4M | $4.6M | |
| Additional paid-in capital | $391.5M | $364.0M | |
| Retained earnings | $1.1B | $1.2B | |
| Accumulated other comprehensive loss | -$157.5M | -$254.0M | |
| Total shareholders equity | $1.3B | $1.3B | |
| Noncontrolling interest | $2.8M | $2.5M | |
| Total equity | $1.3B | $1.3B | |
| Total liabilities and equity | $1.9B | $1.8B | |
| Common Stock, Shares Authorized | 65.0M shares | 65.0M shares | |
| Allowance for doubtful accounts | $3.8M | $3.5M | |
| Common shares, par value (in dollars per share) | $0.10 | $0.10 | |
| Common shares, outstanding | 44.2M shares | 45.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $148.7M | $181.6M | $194.7M |
| Depreciation and amortization | $62.9M | $56.1M | $52.3M |
| Pension settlement loss, net of tax | -$41.5M | $0 | $0 |
| Non-cash lease expense | $22.5M | $21.4M | $18.9M |
| Share-based compensation | $13.2M | $12.1M | $10.1M |
| Deferred income taxes | -$7.6M | -$19.6M | -$1.6M |
| Gain on disposals of plant and equipment | -$2.1M | -$497.0K | -$256.0K |
| Foreign exchange expense, net | $9.3M | $6.8M | $12.1M |
| Receivables | $11.4M | -$17.0M | $19.1M |
| Inventory | -$26.2M | $10.9M | $48.2M |
| Accounts payable and accrued expenses | -$12.8M | $15.3M | -$23.1M |
| Operating leases | $22.9M | $21.1M | $18.9M |
| Income taxes | -$5.2M | $15.8M | -$1.5M |
| Income taxes-U.S. Tax Cuts and Jobs Act | -$4.8M | -$3.9M | -$2.9M |
| Employee benefit plans | -$4.7M | $466.0K | $1.5M |
| Other, net | $15.8M | $3.1M | $7.1M |
| Net cash flows from operating activities | $238.9M | $261.4M | $315.7M |
| Additions to property, plant, and equipment | -$45.3M | -$41.7M | -$41.4M |
| Proceeds from sale of property, plant, and equipment | $2.9M | $1.2M | $1.5M |
| Cash paid for acquisitions, net of cash acquired | -$114.7M | -$5.2M | -$34.8M |
| Other, net | $20.0K | $73.0K | $463.0K |
| Net cash flows from investing activities | -$157.1M | -$45.6M | -$74.3M |
| Proceeds from issuance of debt | $600.2M | $309.7M | $443.2M |
| Repayments of debt | -$581.5M | -$280.5M | -$558.7M |
| Payment of debt issuance costs | -$974.0K | $0 | $0 |
| Proceeds from issuance of common stock | $5.3M | $7.2M | $9.2M |
| Purchases of common stock | -$165.6M | -$61.0M | -$43.3M |
| Dividends paid | -$50.0M | -$46.9M | -$41.7M |
| Deferred payments for acquisitions | -$4.7M | -$2.6M | -$802.0K |
| Net cash flows from financing activities | -$197.3M | -$74.1M | -$192.2M |
| Effect of exchange rate changes on cash and cash equivalents | -$5.3M | -$6.1M | -$10.1M |
| Net change in cash and cash equivalents | -$120.9M | $135.6M | $39.2M |
| Cash paid for income taxes, net of refunds | $76.7M | $58.0M | $55.1M |
| Cash paid for interest | $9.8M | $6.4M | $12.1M |
| Additions to property, plant, and equipment, not yet paid | $628.0K | $1.7M | $2.2M |
| Lease right-of-use assets obtained in exchange for new operating lease liabilities | $26.9M | $30.8M | $25.9M |
| Payable to sellers of acquired entities | $2.2M | $1.8M | $7.0M |
| Issuance of common stock - deferred Board of Director compensation | $9.1M | $0 | $0 |
| Non-cash investment to acquire property in lieu of cash payment for products provided | $0 | $0 | $419.0K |
| Accrued dividends payable to noncontrolling interests | $0 | $961.0K | $821.0K |
No quarter-by-quarter statement was filed.
Corporate structure
FRANKLIN ELECTRIC CO INC sits at the top of its group. 36 entities, 15 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of FRANKLIN ELECTRIC CO INC
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on FRANKLIN ELECTRIC CO INC, latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on FRANKLIN ELECTRIC CO INC, latest Mar 26, 2026 (5 filings since Feb 10, 2022)
- BlackRock Filed SCHEDULE 13G/A on FRANKLIN ELECTRIC CO INC, latest Oct 17, 2025 (7 filings since Jan 25, 2022)
- State Street Corporation Filed SC 13G/A on FRANKLIN ELECTRIC CO INC, latest Jan 22, 2024 (2 filings since Feb 8, 2023)
- EARNEST PARTNERS LLC Filed SC 13G/A on FRANKLIN ELECTRIC CO INC, latest Oct 11, 2022 (2 filings since Feb 14, 2022)
- Impax Asset Management Group Filed SC 13G on FRANKLIN ELECTRIC CO INC, latest Feb 14, 2022
- Wells Fargo Filed SC 13G/A on FRANKLIN ELECTRIC CO INC, latest Jan 27, 2022
- FRANKLIN ELECTRIC CO INC Fort Wayne, Indiana
- 2M Company, LLC Subsidiary · Montana, United States
- Aqua Systems, LLC Subsidiary · Indiana, United States
- Barnes de Colombia Subsidiary · Colombia
- Blake Equipment, LLC Subsidiary · Connecticut, United States
- Drillers Service, LLC Subsidiary · North Carolina, United States
- FE Latin America B.V. Subsidiary · Netherlands
- Franklin BdC Colombia S.A.S Subsidiary · Colombia
- Franklin Electric (Australia) Pty. Ltd. Subsidiary · Australia
- Franklin Electric (South Africa) Pty. Ltd. Subsidiary · South Africa
- Franklin Electric (Suzhou) Co., Ltd. Subsidiary · China
- Franklin Electric Europa GmbH Subsidiary · Germany
- Franklin Electric Germany Holding GmbH Subsidiary · Germany
- Franklin Electric Holding B.V. Subsidiary · Netherlands
- Franklin Electric Holding Colombia S.A.S Subsidiary · Colombia
- Franklin Electric Industria de Motobombas SA Subsidiary · Brazil
- Franklin Electric International, Inc. Subsidiary · Delaware, United States
- Franklin Electric S.r.l. Subsidiary · Italy
- Franklin Electric spol s.r.o. Subsidiary · Czechia
- Franklin Fueling Systems (Beijing) Co Ltd. Subsidiary · China
- Franklin Fueling Systems GmbH Subsidiary · Germany
- Franklin Water Treatment Canada, Inc Subsidiary · Canada
- Franklin Water Treatment, LLC Subsidiary · Indiana, United States
- Gicon Pumps & Equipment, LLC Subsidiary · Texas, United States
- Headwater Companies, LLC Subsidiary · Indiana, United States
- Headwater Wholesale, LLC Subsidiary · Indiana, United States
- and 10 more
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What FRANKLIN ELECTRIC CO INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Machinery and equipment | $354.8M5 Dec 31, 2025 | $316.5M5 Dec 31, 2024 | +12.1% |
| Furniture and fixtures | $63.6M5 Dec 31, 2025 | $58.3M5 Dec 31, 2024 | +9.1% |
| Property and equipment, before depreciation | $677.3M5 Dec 31, 2025 | $603.6M5 Dec 31, 2024 | +12.2% |
| Accumulated depreciation | $425.1M5 Dec 31, 2025 | $380.1M5 Dec 31, 2024 | +11.9% |
| Property and equipment, net | $252.2M5 Dec 31, 2025 | $223.6M5 Dec 31, 2024 | +12.8% |
| Operating-lease assets (leased space) | $67.9M5 Dec 31, 2025 | $62.6M5 Dec 31, 2024 | +8.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $99.7M5 Dec 31, 2025 | $220.5M5 Dec 31, 2024 | −54.8% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $398.1M5 Dec 31, 2025 | $338.5M5 Dec 31, 2024 | +17.6% |
| Intangible assets, net (excluding goodwill) | $251.7M5 Dec 31, 2025 | $213.0M5 Dec 31, 2024 | +18.2% |
| Finite-lived intangibles, gross | $389.1M5 Dec 31, 2025 | $325.4M5 Dec 31, 2024 | +19.6% |
| Accumulated amortization | $179.0M5 Dec 31, 2025 | $154.0M5 Dec 31, 2024 | +16.2% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $553.0M5 Dec 31, 2025 | $483.9M5 Dec 31, 2024 | +14.3% |
| Raw materials | $189.4M5 Dec 31, 2025 | $160.9M5 Dec 31, 2024 | +17.7% |
| Work in process | $27.8M5 Dec 31, 2025 | $25.0M5 Dec 31, 2024 | +11.0% |
| Finished goods | $335.9M5 Dec 31, 2025 | $298.0M5 Dec 31, 2024 | +12.7% |
Properties, in its own words
Franklin Electric serves customers worldwide with over 240 manufacturing and distribution facilities located in over 20 countries. The Global Headquarters is located in Fort Wayne, Indiana, United States and houses sales, marketing and administrative offices along with a state-of-the-art research and engineering facility. Besides the owned corporate facility, the Company considers the following to be principal properties:
Location / Segment · Purpose · Own/Lease
The rest of Item 2
Santa Catarina, Brazil / Water & Energy · Manufacturing/Distribution/Sales · Own
Sao Paulo, Brazil / Water & Energy · Manufacturing/Distribution/Sales · Own
Jiangsu Province, China / Water & Energy · Manufacturing · Own
Cundinamarca, Colombia / Water · Manufacturing · Own
Brno, Czech Republic / Water · Manufacturing · Own
Vicenza, Italy / Water · Manufacturing · Own
Nuevo Leon, Mexico / Water & Energy · Manufacturing · Own
Edenvale, South Africa / Water · Manufacturing · Own
Izmir, Turkey / Water & Energy · Manufacturing/Distribution/Sales/R&D · Own
Florida, United States / Water · Manufacturing · Lease
Indiana, United States / Water · Manufacturing/Distribution/Sales · Lease
Montana, United States / Distribution · Distribution · Own
North Carolina, United States / Distribution · Distribution · Own
Oklahoma, United States / Water · Manufacturing · Own
Oregon, United States / Water · Manufacturing/Distribution/Sales/R&D · Lease
Wisconsin, United States / Energy · Manufacturing/Distribution/Sales/R&D · Own
The Company also owns and leases other smaller facilities which serve as manufacturing locations and distribution warehouses. The Company does not consider these facilities to be principal to the business or operations. In the Company’s opinion, its facilities are suitable for their intended use, adequate for the Company’s business needs, all currently utilized and in good condition.
Item 2 of the 10-K filed Feb 20, 2026.4
Leadership
Who has led FRANKLIN ELECTRIC CO INC, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerJoseph A. Ruzynski Jul 8, 2024 to now14
- Chief executive officerGregg C. Sengstack May 8, 2014 to Apr 19, 202415
- Chief executive officerR. Scott Trumbull Feb 21, 2006 to Mar 6, 201416
- ChairGregg C. Sengstack Nov 5, 2015 to now17
- ChairR. Scott Trumbull Feb 21, 2006 to Mar 6, 201416
- PresidentJay J. Walsh May 7, 2019 to now18
- PresidentDelancey W. Davis Apr 13, 2017 to May 7, 201919
- PresidentGregg C. Sengstack Jan 25, 2012 to Mar 6, 201420
- Chief financial officerRussell Dale Fleeger Ii. Apr 30, 2025 to Jul 21, 202521
- Chief financial officerJennifer Ann Wolfenbarger Jul 21, 2025 to now22
- Chief financial officerJeffery L. Taylor Jun 15, 2021 to Apr 30, 202523
- Chief financial officerR. Scott Trumbull Mar 16, 2009 to Mar 16, 200924
- Chief financial officerThomas J. Strupp May 3, 2006 to Mar 4, 200825
- Chief operating officerGregg C. Sengstack Jan 25, 2012 to Mar 6, 201420
Board members and other officers (31)
- VP AND CHIEF HR OFFICERDaniela Maria Williams Jul 21, 2025 to now26
- VP & President, Global WaterGreg Michael Levine Jul 6, 2023 to now27
- VP, Global Manufacturing OpsBrent L. Spikes May 9, 2022 to now28
- VP, Global Supply ChainKenneth Keene May 9, 2022 to Mar 8, 202429
- VP, Global Product SupplyPaul Chhabra Apr 10, 2018 to Jun 23, 202230
- Chief Administrative OfficerJonathan M. Grandon Sep 14, 2016 to now31
- Vice PresidentJulie Scheck Freigang May 15, 2015 to Sep 14, 202032
- VP and President Energy SystemDonald P. Kenney May 23, 2014 to Aug 2, 202333
- VP, Global Water Systems EnginSteven William Aikman Jun 8, 2010 to Jul 1, 202034
- Vice President, Director of SaDelancey W. Davis May 14, 2007 to Mar 8, 201735
- Vice PresidentKirk M. Nevins Feb 3, 2006 to Feb 23, 200736
- Vice PresidentDaniel J. Crose Feb 21, 2006 to Jan 4, 201837
- Vice PresidentGary Ward Feb 21, 2006 to Aug 3, 200938
- Senior Vice PresidentGregg C. Sengstack Feb 21, 2006 to Feb 17, 201239
- Senior Vice PresidentPeter C. Maske Feb 21, 2006 to Jan 11, 201140
- Vice PresidentRobert J. Stone Feb 21, 2006 to Jan 30, 202041
- Vice PresidentThomas J. Strupp Feb 21, 2006 to Jan 4, 201742
- Board memberGregg C. Sengstack May 6, 2025 to now43
- Board memberMark A. Carano May 19, 2025 to now44
- Board memberChris Villavarayan May 10, 2022 to now45
- Board memberAlok Maskara May 27, 2021 to now46
- Board memberVictor Grizzle Jan 30, 2020 to now47
- Board memberJennifer L. Sherman Jan 12, 2015 to now48
- Board memberRenee J. Peterson Sep 3, 2015 to now49
- Board memberR. Scott Trumbull May 20, 2014 to May 12, 201550
- Board memberThomas R. Verhage Jul 28, 2010 to now51
- Board memberHoward B. Witt Jan 13, 2006 to Jun 3, 201052
- Board memberDavid A. Roberts May 2, 2006 to Jun 9, 202053
- Board memberDavid M. Wathen May 2, 2006 to now54
- Board memberDiana Sue Ferguson May 2, 2006 to Dec 21, 200655
- Board memberJerome D. Brady May 5, 2006 to Feb 19, 201656
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 2M Company, LLC Montana3
- Aqua Systems, LLC Indiana3
- Barnes de Colombia Colombia3
- Blake Equipment, LLC Connecticut3
- Drillers Service, LLC North Carolina3
- FE Latin America B.V. Netherlands3
- Franklin BdC Colombia S.A.S Colombia3
- Franklin Electric (Australia) Pty. Ltd. Australia3
- Franklin Electric (South Africa) Pty. Ltd. South Africa3
- Franklin Electric (Suzhou) Co., Ltd. China3
- Franklin Electric B.V. Netherlands3
- Franklin Electric Europa GmbH Germany3
- Franklin Electric Germany Holding GmbH Germany3
- Franklin Electric Holding B.V. Netherlands3
- Franklin Electric Holding Colombia S.A.S Colombia3
- Franklin Electric Industria de Motobombas SA Brazil3
- Franklin Electric International, Inc. Delaware3
- Franklin Electric S.r.l. Italy3
- Franklin Electric spol s.r.o. Czech Republic3
- Franklin Fueling Systems (Beijing) Co Ltd. China3
- Franklin Fueling Systems GmbH Germany3
- Franklin Fueling Systems, LLC Indiana3
- Franklin Water Treatment Canada, Inc Canada3
- Franklin Water Treatment, LLC Indiana3
All 37 listed subsidiaries
- Gicon Pumps & Equipment, LLC Texas3
- Headwater Companies, LLC Indiana3
- Headwater Wholesale, LLC Indiana3
- Impo Motor Pompa Sanayi ve Ticaret A.S. Turkey3
- Industrias Rotor Pump S.A. Argentina3
- Milan Supply Company, LLC Michigan3
- Motores Electricos Sumergibles de Mexico S. de R.L de C.V. Mexico3
- Motores Franklin S.A. de C.V. Mexico3
- Motori Sommersi Riavvolgibili S.r.l. Italy3
- Pioneer Pump Solutions Ltd. United Kingdom3
- PumpEng Pty Ltd Australia3
- Valley Farms Supply, LLC Michigan3
- Western Hydro, LLC Delaware3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Sep 8, 20268-K Entered a material agreement; Completed an acquisition or sale; Unregistered sale of shares57
- Jul 28, 20268-K Results of operations58
- Jul 28, 20268-K Regulation FD disclosure59
- May 11, 20268-K Shareholder vote60
- May 4, 20268-K Regulation FD disclosure61
- Apr 28, 20268-K Results of operations62
- Apr 28, 20268-K Regulation FD disclosure63
- Feb 26, 20268-K Regulation FD disclosure64
- Feb 18, 20268-K Regulation FD disclosure65
- Feb 17, 20268-K Results of operations66
- Feb 17, 20268-K Regulation FD disclosure67
- Nov 13, 20258-K Regulation FD disclosure68
- Jul 8, 2024New chief executive Joseph A. Ruzynski becomes CEO14
- May 8, 2014New chief executive Gregg C. Sengstack becomes CEO15
- Feb 21, 2006New chief executive R. Scott Trumbull becomes CEO16
Calendar
Coming up
- Oct 28, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $1.30 a share, on Oct 28, 2025.69
When it reported results
- Jul 28, 2026Reported quarterly or annual results58
- Apr 28, 2026Reported quarterly or annual results62
- Feb 17, 2026Reported quarterly or annual results66
- Oct 28, 2025Reported quarterly or annual results70
- Jul 29, 2025Reported quarterly or annual results71
- Apr 29, 2025Reported quarterly or annual results72
- Feb 18, 2025Reported quarterly or annual results73
- Oct 29, 2024Reported quarterly or annual results74
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
537 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 75 major events, 363 insider forms, 19 large holders, 60 other. The latest 20:
- Oct 2, 20264 EDGAR
- Sep 8, 20268-K EDGAR
- Sep 2, 20264 EDGAR
- Aug 24, 20264 EDGAR
- Aug 24, 20264 EDGAR
- Aug 24, 20264 EDGAR
- Aug 24, 20264 EDGAR
- Aug 24, 20264 EDGAR
- Aug 10, 20264 EDGAR
- Aug 3, 20264 EDGAR
- Jul 29, 202610-Q EDGAR
- Jul 28, 20268-K EDGAR
- Jul 28, 20268-K EDGAR
- Jul 9, 20264 EDGAR
- Jul 6, 20264 EDGAR
- Jun 26, 202611-K EDGAR
- Jun 26, 202611-K EDGAR
- Jun 15, 20264 EDGAR
- Jun 10, 20264 EDGAR
- Jun 9, 2026144 EDGAR
The 537 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
68 open-market trades by officers, directors and large owners since October 2021: 2 buys and 66 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 9, 2026 | Grandon Jonathan M.Chief Administrative Officer | Sale | 8,547 | $103.40 | $883.8K | Form 4 |
| May 26, 2026 | davis delancey wPresident, Headwater Companies | Sale | 1,900 | $100.00 | $190.0K | Form 4 |
| May 22, 2026 | Grandon Jonathan M.Chief Administrative Officer | Sale | 4,200 | $98.23 | $412.6K | Form 4 |
| May 1, 2026 | davis delancey wPresident, Headwater Companies | Sale | 200 | $98.78 | $19.8K | Form 4 |
| Apr 30, 2026 | Grandon Jonathan M.Chief Administrative Officer | Sale | 4,988 | $100.02 | $498.9K | Form 4 |
| Feb 19, 2026 | Ruzynski Joseph A.CEO | Buy | 500 | $93.34 | $46.7K | Form 4 |
| Dec 11, 2025 | SENGSTACK GREGG CDirector | Sale | 11,779 | $97.06 | $1.1M | Form 4 |
| Aug 13, 2025 | Grandon Jonathan M.Chief Administrative Officer | Sale | 10,036 | $98.03 | $983.8K | Form 4 |
| Aug 13, 2025 | SENGSTACK GREGG CDirector | Sale | 10,000 | $98.19 | $981.9K | Form 4 |
| Jun 4, 2025 | Wathen David MDirector | Sale | 24,000 | $86.10 | $2.1M | Form 4 |
| Jun 3, 2025 | Wathen David MDirector | Sale | 25,000 | $85.25 | $2.1M | Form 4 |
| Jun 2, 2025 | Wathen David MDirector | Sale | 25,402 | $85.22 | $2.2M | Form 4 |
| May 22, 2025 | Wathen David MDirector | Sale | 25,000 | $86.70 | $2.2M | Form 4 |
| May 13, 2025 | Taylor Jeffery LVice President and CFO | Sale | 9,789 | $90.02 | $881.2K | Form 4 |
| Feb 26, 2025 | davis delancey wPresident, Headwater Companies | Sale | 961 | $103.15 | $99.1K | Form 4 |
| Nov 5, 2024 | SENGSTACK GREGG CDirector | Sale | 1,500 | $100.22 | $150.3K | Form 4 |
| Aug 26, 2024 | Grandon Jonathan M.Chief Administrative Officer | Sale | 2,219 | $103.02 | $228.6K | Form 4 |
| Jul 31, 2024 | SENGSTACK GREGG CDirector | Sale | 5,396 | $106.64 | $575.4K | Form 4 |
| Jul 30, 2024 | SENGSTACK GREGG CDirector | Sale | 5,000 | $105.83 | $529.1K | Form 4 |
| Jul 29, 2024 | SENGSTACK GREGG CDirector | Sale | 5,000 | $103.87 | $519.4K | Form 4 |
All 68 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202675
- VANGUARD GROUP INCSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Mar 26, 202676
- BlackRockSCHEDULE 13G/A, 7 filings Jan 25, 2022 to Oct 17, 202577
- State Street CorporationSC 13G/A, 2 filings Feb 8, 2023 to Jan 22, 202478
- EARNEST PARTNERS LLCSC 13G/A, 2 filings Feb 14, 2022 to Oct 11, 202279
- Impax Asset Management GroupSC 13G, 1 filing Feb 14, 202280
- Wells FargoSC 13G/A, 1 filing Jan 27, 202281
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Joseph A. RuzynskiCEO | $900.0K | $5.1M82 | |
| 2025 | Jennifer A. WolfenbargerVP & CFO | $240.4K | $1.7M82 | |
| 2025 | Jonathan M. GrandonVP, CAO, General Counsel and Corporate Secretary | $476.0K | $1.5M82 | |
| 2025 | DeLancey W. DavisVP and President, Headwater Companies | $470.4K | $1.5M82 | |
| 2025 | Gregory M. LevineVP and President, Global Water | $504.6K | $1.4M82 | |
| 2025 | Russell D. Fleeger IIFormer Interim CFO | $230.2K | $524.1K82 | |
| 2025 | Jeffery L. TaylorFormer VP and CFO | $133.8K | $218.8K82 | |
| 2024 | Gregg C. SengstackFormer Executive Chairperson and CEO | $950.0K | $7.9M82 | |
| 2024 | Joseph A. RuzynskiCEO | $450.0K | $6.4M82 | |
| 2024 | Jeffery L. TaylorFormer VP and CFO | $531.2K | $2.0M82 | |
| 2024 | Jonathan M. GrandonVP, CAO, General Counsel and Corporate Secretary | $454.1K | $1.5M82 | |
| 2024 | Gregory M. LevineVP and President, Global Water | $482.1K | $1.4M82 | |
| 2024 | DeLancey W. DavisVP and President, Headwater Companies | $454.1K | $1.3M82 | |
| 2023 | Gregg C. SengstackFormer Executive Chairperson and CEO | $940.4K | $7.4M82 | |
| 2023 | Jeffery L. TaylorFormer VP and CFO | $510.7K | $1.7M82 | |
| 2023 | Jonathan M. GrandonVP, CAO, General Counsel and Corporate Secretary | $435.2K | $1.3M82 | |
| 2023 | DeLancey W. DavisVP and President, Headwater Companies | $435.2K | $1.2M82 | |
| 2023 | Jay J. WalshVP and President, Energy Systems | $403.8K | $1.2M82 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 6,513,420 | $698.2M | 0.0% | +50,443 |
| Vanguard Portfolio Management LLC | 2,389,300 | $256.1M | 0.0% | +35,633 |
| State Street Corp | 1,956,427 | $209.7M | 0.0% | +69,466 |
| Morgan Stanley | 1,778,777 | $190.7M | 0.0% | −204,196 |
| Vanguard Capital Management LLC | 1,696,376 | $181.8M | 0.0% | −10,104 |
| Earnest Partners LLC | 1,342,185 | $143.9M | 0.5% | +218,629 |
| Allspring Global Investments Holdings, LLC | 1,280,675 | $134.8M | 0.2% | −313,471 |
| Impax Asset Management Group plc | 1,175,582 | $126.0M | 0.8% | −121,027 |
| Dimensional Fund Advisors LP | 1,103,025 | $118.2M | 0.0% | +93,338 |
| Geode Capital Management, LLC | 1,027,281 | $110.1M | 0.0% | +40,616 |
| King Luther Capital Management Corp | 995,177 | $106.7M | 0.4% | −1,856 |
| First Trust Advisors LP | 980,620 | $105.1M | 0.1% | −302,231 |
| Amundi | 801,210 | $85.9M | 0.0% | −80,215 |
| Bank Of America Corp /de/ | 774,048 | $83.0M | 0.0% | −50,037 |
| Victory Capital Management Inc | 718,805 | $77.0M | 0.0% | +45,755 |
| Norges Bank | 689,955 | $74.0M | 0.0% | New |
| Two Sigma Investments, LP | 622,473 | $66.7M | 0.1% | +97,581 |
| Goldman Sachs Group Inc | 604,456 | $64.8M | 0.0% | +125,680 |
| Segall Bryant & Hamill, LLC | 532,057 | $57.0M | 0.7% | +50,151 |
| Nuveen, LLC | 529,516 | $56.8M | 0.0% | +14,341 |
| Charles Schwab Investment Management Inc | 498,405 | $53.4M | 0.0% | −13,372 |
| Northern Trust Corp | 437,707 | $46.9M | 0.0% | +17,590 |
| Invesco Ltd. | 407,976 | $43.7M | 0.0% | −180,567 |
| Boston Trust Walden Corp | 397,160 | $42.6M | 0.3% | −18,792 |
| Allianz Asset Management GmbH | 367,780 | $33.9M | 0.0% | +54 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How FRANKLIN ELECTRIC CO INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFRANKLIN ELECTRIC CO INC1
- CIK0000038725
- Employer ID (EIN)35-08274554
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inIndiana4
- Fiscal year endsDecember 311
- Industry code (SIC)3621 Motors & Generators1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address9255 Coverdale Road, Fort Wayne, IN 468091
- Phone26082429001
- Shares outstanding44,182,232 as of Apr 23, 202612
- Public float$3.9B as of Jun 30, 20254
- AuditorDELOITTE & TOUCHE LLP, Chicago, Illinois PCAOB ID 34; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceMar 14, 19951
- Filings2,411 in all: 4 (1,564), 8-K (312), 10-Q (95), SC 13G/A (79), 4/A (59), 11-K (36), 3 (33), DEF 14A (32)1
All 33 form types
144 (31), 10-K (28), DEFA14A (19), SC 13G (18), S-8 (16), SD (14), ARS (13), 5 (12), 8-K/A (8), NT 11-K (5), 10-K/A (4), PRE 14A (4), SC 13D/A (4), UPLOAD (4), 10-K405 (3), 8-A12G/A (3), S-8 POS (3), SCHEDULE 13G/A (3), CORRESP (2), DEFR14A (2), 11-K/A (1), 3/A (1), 8-A12G (1), SC 13D (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Feb 20, 2026
Quarterly report (10-Q) Jul 29, 2026
Proxy statement (DEF 14A) Mar 25, 2026
Latest 8-K (8-K) Sep 8, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.10 par value | FELE | NASDAQ |
From the cover page of the 10-K filed Feb 20, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks FRANKLIN ELECTRIC CO INC names in Item 1A of its 10-K filed Feb 20, 2026: 20 risks under these headings, as written.4
- Risks Related to the Industry
- Reduced housing starts adversely affect demand for the Company’s products, thereby reducing revenues and earnings.
- The Company’s results may be adversely affected by global macroeconomic supply and demand conditions related to the energy and mining industries.
- Volatility in the prices and availability of raw materials, components, finished goods and other commodities could adversely affect operations.
- The growth of municipal water systems and increased government restrictions on groundwater pumping could reduce demand for private water wells and the Company’s products, thereby reducing revenues and earnings.
- Demand for Energy Systems products is impacted by environmental legislation which may cause significant fluctuations in costs and revenues.
- Changes in tax legislation regarding the Company’s U.S. or foreign earnings could materially affect future results.
- Changes in foreign trade policies and other factors beyond our control may adversely impact our business and financial performance.
- Risks Related to the Business
- The Company is exposed to political, economic and other risks that arise from operating a multinational business.
- The Company has significant investments in foreign entities and has significant sales and purchases in foreign denominated currencies creating exposure to foreign currency exchange rate fluctuations.
- The Company’s acquisition strategy entails expense, integration risks, and other risks that could affect the Company’s earnings and financial condition.
The other 10 risks
- The Company’s products are sold in highly competitive markets, by numerous competitors whose actions could negatively impact sales volume, pricing and profitability.
- The Company’s products are sold to numerous distribution outlets based on market performance.
- Transferring operations of the Company to lower cost regions may not result in the intended cost benefits.
- Delays in introducing new products or the inability to achieve or maintain market acceptance with existing or new products may cause the Company’s revenues to decrease.
- Certain Company products are subject to regulation and government performance requirements in addition to the warranties provided by the Company.
- The Company has significant goodwill and intangible assets and future impairment of the value of these assets may adversely affect the Company's operating results and financial condition.
- The Company’s business may be adversely affected by the seasonality of sales and weather conditions.
- The Company depends on certain key suppliers, and any loss of those suppliers or their failure to meet commitments may adversely affect the Company's business and results of operations.
- The Company’s operations are dependent on information technology infrastructure and failures could significantly affect its business.
- Additional Risks to the Company.
Legal proceedings
The Company is defending various claims and legal actions which have arisen in the ordinary course of business. For a description of the Company's material legal proceedings, refer to Note 7 - Commitments and Contingencies, in the Notes to Consolidated Financial Statements included in Part II, Item 8, "Financial Statements and Supplementary Data," of this Annual Report on Form 10-K, which is incorporated into this Item 3 by reference. In the opinion of management, based on current knowledge of the facts and after discussion with counsel, other claims and legal actions can be defended or resolved without a material effect on the Company’s financial position, results of operations, and net cash flows.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 17SEC EDGARGregg C. Sengstack, Chair
- 18SEC EDGARJay J. Walsh, President
- 19SEC EDGARDelancey W. Davis, President
- 20SEC EDGARGregg C. Sengstack, President
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- 36SEC EDGARKirk M. Nevins, Vice President
- 37SEC EDGARDaniel J. Crose, Vice President
- 38SEC EDGARGary Ward, Vice President
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- 41SEC EDGARRobert J. Stone, Vice President
- 42SEC EDGARThomas J. Strupp, Vice President
- 43SEC EDGARGregg C. Sengstack, Board member
- 44SEC EDGARMark A. Carano, Board member
- 45SEC EDGARChris Villavarayan, Board member
- 46SEC EDGARAlok Maskara, Board member
- 47SEC EDGARVictor Grizzle, Board member
- 48SEC EDGARJennifer L. Sherman, Board member
- 49SEC EDGARRenee J. Peterson, Board member
- 50SEC EDGARR. Scott Trumbull, Board member
- 51SEC EDGARThomas R. Verhage, Board member
- 52SEC EDGARHoward B. Witt, Board member
- 53SEC EDGARDavid A. Roberts, Board member
- 54SEC EDGARDavid M. Wathen, Board member
- 55SEC EDGARDiana Sue Ferguson, Board member
- 56SEC EDGARJerome D. Brady, Board member
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- 58SEC EDGARResults of operations
- 59SEC EDGARRegulation FD disclosure
- 60SEC EDGARShareholder vote
- 61SEC EDGARRegulation FD disclosure
- 62SEC EDGARResults of operations
- 63SEC EDGARRegulation FD disclosure
- 64SEC EDGARRegulation FD disclosure
- 65SEC EDGARRegulation FD disclosure
- 66SEC EDGARResults of operations
- 67SEC EDGARRegulation FD disclosure
- 68SEC EDGARRegulation FD disclosure
- 69NasdaqNasdaq calendar
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