Franklin Electric Co. Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 42.82
Dividend & Yield0.78$ (0.95%)
Beta 1
Market capitalization 3.76B
Operating cash flow 43.02M
ESG Scores unknown

Company description

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.

Sector: Industrials - Industry: Specialty Industrial Machinery

Financial Ratios
Quick Ratio0.69
Working Capital0.47
Return On Equity0.16
Debt To Equity0.1
Fixed Asset Ratio0.21
Fixed Interest Cover35.16

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 1.68M 6.77M 20.52M 89.04M
Total Cashflows From Investing Activities -66.29M -41.81M -78.81M -264.81M
Net Borrowings -18.98M -90.94M -21.07M 94.72M
Total Cash From Financing Activities -66.79M -126.65M -66.58M 50.89M
Change To Operating Activities -416k -7.45M -4.14M -22.76M
Issuance Of Stock 9M 3.19M 3.72M 15.52M
Net Income 105.88M 95.48M 100.46M 153.86M
Change In Cash -8.06M 5.23M 66.38M -90.25M
Effect Of Exchange Rate -3.42M -3.99M -81k -6.1M
Total Cash From Operating Activities 128.44M 177.68M 211.85M 129.76M
Depreciation 38.6M 36.98M 36.49M 44.57M
Change To Account Receivables -8.19M 1.08M 22.05M -31.93M
Other Cashflows From Financing Activities -661k -1.13M -830k -710k
Change To Netincome 3.94M 21.14M 20.83M 22.3M
Capital Expenditures -22.43M -21.86M -22.86M -30.12M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 120.41M 116.83M 123.7M 189.71M
Net Income 105.88M 95.48M 100.46M 153.86M
Selling General Administrative 299.31M 301.65M 303.32M 393.38M
Gross Profit 432.37M 428.1M 433.14M 576.09M
Ebit 133.06M 126.45M 129.82M 182.71M
Operating Income 133.06M 126.45M 129.82M 182.71M
Interest Expense -9.84M -8.24M -4.63M -5.2M
Income Tax Expense 14.89M 20.84M 22.54M 34.73M
Total Revenue 1.3B 1.31B 1.25B 1.66B
Cost Of Revenue 865.76M 886.48M 814.19M 1.09B
Total Other Income ExpenseNet -12.65M -9.62M -6.12M 6.99M
Net Income From Continuing Ops 105.52M 96M 101.16M 154.97M
Net Income Applicable To Common Shares 105.08M 94.78M 99.76M 152.96M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 446.02M 396.31M 422.6M 626.52M
Total Stockholder Equity 733.87M 796.54M 847.83M 946.5M
Other Current Liabilities 24.53M 30.35M 45.56M 41.45M
Total Assets 1.18B 1.19B 1.27B 1.58B
Common Stock 4.63M 4.64M 4.62M 4.65M
Other Current Assets 33.76M 29.47M 27.71M 37.96M
Retained Earnings 654.72M 712.46M 764.56M 859.82M
Treasury Stock -183.02M -190.21M -204.77M -228.58M
Cash 59.17M 64.41M 130.79M 40.54M
Total Current Liabilities 255.86M 185.76M 203.7M 396.01M
Other Stockholder Equity -183.02M -190.21M -204.77M -228.58M
Property, Plant, and Equipment 207.06M 228.95M 240.97M 259.03M
Total Current Assets 579.88M 567.44M 619.25M 724.65M
Net Tangible Assets 350.07M 409.36M 447.31M 367.18M
Net Receivables 172.9M 173.33M 159.83M 196.17M
Accounts Payable 76.65M 82.59M 95.9M 164.76M


Insider Transactions

Here are the insider transactions of stock shares related to Franklin Electric Co. Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
DAVIS DELANCEY WSale at price 84.91 per share.D2022-11-21Officer1k
GRANDON JONATHAN M.Sale at price 91.36 per share.D2022-08-23Officer1.46k
SENGSTACK GREGG CSale at price 94.54 - 95.46 per share.D2022-08-18Chief Executive Officer20k
GRANDON JONATHAN M.Sale at price 94.66 per share.D2022-08-18Officer1.54k
KENNEY DONALD PSale at price 94.80 - 95.51 per share.D2022-08-16President5k
SENGSTACK GREGG CStock Gift at price 0.00 per share.D2022-08-08Chief Executive Officer2k
SENGSTACK GREGG CStock Gift at price 0.00 per share.D2022-08-04Chief Executive Officer1k
SENGSTACK GREGG CSale at price 87.62 - 89.56 per share.D2022-07-29Chief Executive Officer26k
DAVIS DELANCEY WSale at price 86.21 per share.D2022-07-28Officer10.97k
DAVIS DELANCEY WConversion of Exercise of derivative security at price 40.25 - 59.71 per share.D2022-07-28Officer10.97k
CHHABRA PAUL NSale at price 70.02 per share.D2022-06-21Officer12.24k
CHHABRA PAUL NConversion of Exercise of derivative security at price 40.40 per share.D2022-06-21Officer12.24k
TAYLOR JEFFERY LStock Award(Grant) at price 71.05 per share.D2022-06-14Chief Financial Officer3.75k
CHHABRA PAUL NSale at price 75.42 per share.D2022-06-07Officer10.25k
CHHABRA PAUL NConversion of Exercise of derivative security at price 55.16 per share.D2022-06-07Officer10.25k
CHHABRA PAUL NSale at price 75.25 per share.D2022-06-03Officer7.08k
CHHABRA PAUL NConversion of Exercise of derivative security at price 59.71 per share.D2022-06-03Officer7.08k
KENNEY DONALD PStock Gift at price 0.00 per share.D2022-05-12President135
KENNEY DONALD PStock Gift at price 0.00 per share.D2022-05-10President65
TAYLOR JEFFERY LPurchase at price 70.36 per share.D2022-05-09Chief Financial Officer2k
WATHEN DAVID MStock Award(Grant) at price 0.00 per share.D2022-05-06Director1.84k
MASKARA ALOKStock Award(Grant) at price 0.00 per share.D2022-05-06Director3.16k
SENGSTACK GREGG CStock Award(Grant) at price 83.56 per share.D2022-04-01Chief Executive Officer19.89k
SENGSTACK GREGG CStock Award(Grant) at price 83.56 per share.D2022-04-01Chief Executive Officer19.89k
DAVIS DELANCEY WStock Award(Grant) at price 83.56 per share.D2022-04-01Officer2.82k
KENNEY DONALD PStock Award(Grant) at price 83.56 per share.D2022-04-01President4.14k
GRANDON JONATHAN M.Stock Award(Grant) at price 83.56 per share.D2022-04-01Officer2.88k
CHHABRA PAUL NStock Award(Grant) at price 83.56 per share.D2022-04-01Officer2.65k
DAVIS DELANCEY WSale at price 85.30 per share.D2022-02-25Officer3.08k
SENGSTACK GREGG CStock Award(Grant) at price 0.00 per share.D2022-02-24Chief Executive Officer14.3k
DAVIS DELANCEY WStock Award(Grant) at price 0.00 per share.D2022-02-24Officer1.75k
TAYLOR JEFFERY LStock Award(Grant) at price 0.00 per share.D2022-02-24Chief Financial Officer3.04k
KENNEY DONALD PStock Award(Grant) at price 0.00 per share.D2022-02-24President3.25k
GRANDON JONATHAN M.Stock Award(Grant) at price 0.00 per share.D2022-02-24Officer1.9k
CHHABRA PAUL NStock Award(Grant) at price 0.00 per share.D2022-02-24Officer1.77k
WALSH JAY JStock Award(Grant) at price 0.00 per share.D2022-02-24Officer1.49k
SENGSTACK GREGG CStock Award(Grant) at price 83.29 - 84.06 per share.D2022-02-22Chief Executive Officer36.81k
DAVIS DELANCEY WStock Award(Grant) at price 83.29 - 84.06 per share.D2022-02-22Officer5.4k
KENNEY DONALD PStock Award(Grant) at price 83.29 - 84.06 per share.D2022-02-22President7.13k
GRANDON JONATHAN M.Stock Award(Grant) at price 83.29 - 84.06 per share.D2022-02-22Officer5.44k
CHHABRA PAUL NStock Award(Grant) at price 83.29 - 84.06 per share.D2022-02-22Officer4.77k
WALSH JAY JStock Award(Grant) at price 83.29 - 84.06 per share.D2022-02-22Officer5.55k
KENNEY DONALD PConversion of Exercise of derivative security at price 32.53 - 43.27 per share.D2021-11-16President5.91k
SENGSTACK GREGG CConversion of Exercise of derivative security at price 43.27 per share.D2021-11-09Chief Executive Officer17.55k
HAINES JOHN JStock Gift at price 0.00 per share.D2021-11-09Officer1.1k
SENGSTACK GREGG CConversion of Exercise of derivative security at price 32.53 - 37.88 per share.D2021-11-08Chief Executive Officer43.85k
HAINES JOHN JSale at price 92.43 per share.D2021-11-05Officer2.79k
HAINES JOHN JConversion of Exercise of derivative security at price 36.67 per share.D2021-11-05Officer2.79k
HAINES JOHN JSale at price 88.37 - 90.15 per share.D2021-11-04Officer9k
HAINES JOHN JConversion of Exercise of derivative security at price 36.67 per share.D2021-11-04Officer9k
SENGSTACK GREGG CSale at price 88.33 per share.D2021-11-02Chief Executive Officer6.87k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Franklin Electric Co. Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Franklin Electric Co. Inc

Here is the result of two systematic investment strategies applied to Franklin Electric Co. Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Franklin Electric Co. Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Franklin Electric Co. Inc:

Franklin Electric Co. Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 75.62% on the backtest period.

Performance at glance

Performance

75.62 %

Latent gain

1280.29 $

Invested capital

1693.15 $

Annualized return

18.44 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Franklin Electric Co. Inc

This is the result of two momentum investment strategies applied to Franklin Electric Co. Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Franklin Electric Co. Inc

The following chart shows all the entries opened by the momentum investment system on Franklin Electric Co. Inc:

Franklin Electric Co. Inc momentum entries
  • The first momentum investment strategy would give 72.35% of return on Franklin Electric Co. Inc. That represents 3939.54$ of latent gain with 5445.38$ of employed capital.
  • The second momentum investment strategy would give 79.62% of return on Franklin Electric Co. Inc. That represents 2141.8$ of latent gain with 2690.04$ of employed capital.
Performance at glance (1Q Momentum)

Performance

72.35 %

Latent gain

3939.54 $

Invested capital

5445.38 $

Annualized return

10.02 %
Performance at glance (2Q Momentum)

Performance

79.62 %

Latent gain

2141.8 $

Invested capital

2690.04 $

Annualized return

21.99 %

Momentum equity curve on Franklin Electric Co. Inc

The following chart shows the equity curve of the two momentum strategies applied to Franklin Electric Co. Inc:

Franklin Electric Co. Inc momentum equity

Note: the dividends potentially given by Franklin Electric Co. Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Franklin Electric Co. Inc

The following chart shows the employed capital evolution of the two momentum strategies on Franklin Electric Co. Inc since the beginning:

Franklin Electric Co. Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Franklin Electric Co. Inc

Buy the dip entry openings on Franklin Electric Co. Inc

Franklin Electric Co. Inc

The performance achieved by the robo-advisor on Franklin Electric Co. Inc is 21.05%. That represents 48.48$ of latent gain with 230.28$ of employed capital. The following chart shows Franklin Electric Co. Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Franklin Electric Co. Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

21.05 %

Latent gain

48.48 $

Invested capital

230.28 $

Annualized return

10.02 %

Equity curve of the strategy applied to Franklin Electric Co. Inc

The following chart shows the result of the investment strategy applied to Franklin Electric Co. Inc:

Franklin Electric Co. Inc

Note: the dividends potentially given by Franklin Electric Co. Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Franklin Electric Co. Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Franklin Electric Co. Inc:

Franklin Electric Co. Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Franklin Electric Co. Inc

In this section, I will compare the three previous investment strategies applied to Franklin Electric Co. Inc.

Equity curve comparison on Franklin Electric Co. Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Franklin Electric Co. Inc investment strategy comparison

Employed capital comparison on Franklin Electric Co. Inc

Franklin Electric Co. Inc investment comparison

Performance comparison on Franklin Electric Co. Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 75.62% 1280.29$ 1693.15$ 18.44%
Momentum 1 quarter 72.35% 3939.54$ 5445.38$ 18.74%
Momentum 2 quarters 79.62% 2141.8$ 2690.04$ 21.99%
Non-directional 21.05% 48.48$ 230.28$ 10.02%
Annualized return comparison

Automatic investment

18.44 %

Momentum 1Q

21.99 %

Momentum 2Q

21.99 %

Non-directional

10.02 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Franklin Electric Co. Inc:

Positive correlations

Most correlated stocks this year

  • Franklin Electric Co. Inc

  • Most correlated stocks last 3 months

  • Stanley Black & Decker Inc - Unit
  • Forrester Research Inc
  • First Bancorp Inc (ME)
  • WYNNSTAY GROUP PLC ORD 25P
  • L.B. Foster Co. - Class A
  • Diamond Hill Investment Group Inc - Class A
  • Resolute Forest Products Inc
  • Universal Insurance Holdings Inc
  • Tupperware Brands Corporation
  • WestRock Company
  • Standard Motor Products Inc
  • Arrow Financial Corp
  • Luther Burbank Corp
  • Insteel Industries Inc
  • Matthews International Corp - Class A
  • Stanley Black & Decker Inc
  • First Foundation Inc
  • Verizon Communications Inc
  • Freeport-McMoRan Inc
  • Crocs Inc
  • Oppenheimer Holdings Inc - Class A
  • Topgolf Callaway Brands Corp
  • Core Laboratories N.V.
  • Global X SuperDividend ETF
  • Universal Stainless & Alloy Products Inc
  • Snap-on Inc
  • INVESCO INTERNATIONAL BUYBACK ACHIEVERS ETF
  • UMH Properties Inc
  • IShares MSCI Emerging Markets ex China ETF
  • Capri Holdings Ltd
  • Hasbro Inc
  • iShares MSCI Ireland ETF
  • Franklin Electric Co. Inc
  • Universal Corp
  • Curtiss-Wright Corp
  • WEIR GROUP PLC ORD 12.5P
  • Lincoln Electric Holdings Inc
  • Autoliv Inc
  • LyondellBasell Industries NV - Class A
  • Emerson Electric Company
  • JELD-WEN Holding Inc
  • Encore Wire Corp
  • DXP Enterprises Inc
  • First Bancorp PR
  • Forward Air Corp
  • Mosaic Company
  • Mueller Industries Inc
  • Invesco S&P SmallCap Materials ETF
  • Invesco S&P 500 Equal Weight Materials ETF
  • Invesco S&P SmallCap 600 Pure Value ETF
  • Scansource Inc
  • ITT Inc
  • Robert Half International Inc
  • Avient Corp
  • Whirlpool Corp
  • J.B. Hunt Transport Services Inc
  • MACOM Technology Solutions Holdings Inc
  • Paccar Inc
  • TE Connectivity Ltd
  • Donaldson Co. Inc
  • Oxford Industries Inc
  • Sensient Technologies Corp
  • Sierra Bancorp
  • Trico Bancshares
  • O-I Glass Inc
  • Ingevity Corp
  • Invesco S&P SmallCap Information Technology ETF
  • Kaman Corp
  • PPG Industries Inc
  • Flowserve Corp
  • VICTORYSHARES INTERNATIONAL HIGH DIV VOLATILITY WT
  • First Trust RiverFront Dynamic Developed Internati
  • Vanguard International High Dividend Yield ETF
  • VICTORYSHARES INTERNATIONAL VOLATILITY WTD ETF
  • Schwab International Equity ETF
  • SPDR Portfolio Developed World ex-US ETF
  • Crane Holdings Company
  • AGCO Corp
  • Marriott International Inc - Class A
  • Sonoco Products Company
  • iShares Trust iShares ESG Aware MSCI EAFE ETF
  • Vishay Precision Group Inc
  • Barrett Business Services Inc
  • Summit Materials Inc - Class A
  • Clearfield Inc
  • Minerals Technologies Inc
  • American Vanguard Corp
  • Trimas Corporation
  • Innospec Inc
  • Myers Industries Inc
  • Acuity Brands Inc
  • Miller Industries Inc
  • Canadian National Railway Company
  • Hibbett Inc
  • Fortive Corp
  • Genpact Ltd
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  • ISHARES INDIA 50 ETF
  • Woori Financial Group Inc
  • Shinhan Financial Group Co. Ltd
  • DZS Inc
  • iMedia Brands Inc - Class A
  • Rush Enterprises Inc - Class A
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  • H.B. Fuller Company
  • CRH Plc
  • H&E Equipment Services Inc
  • Fabrinet
  • Gap Inc
  • Invesco RAFI Strategic Developed ex-US ETF
  • Rigel Pharmaceuticals
  • Pediatrix Medical Group Inc
  • Liberty TripAdvisor Holdings Inc - Series A
  • Almaden Minerals Ltd
  • Equitrans Midstream Corporation
  • Graham Holdings Co. - Class B
  • POSCO Holdings Inc
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  • Radware
  • CGI Inc - Class A
  • Titan Machinery Inc
  • Maximus Inc
  • 3M Company
  • Leggett & Platt Inc
  • Union Pacific Corp
  • Armada Hoffler Properties Inc
  • Cactus Inc - Class A
  • Hudbay Minerals Inc
  • Mettler-Toledo International Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Franklin Electric Co. Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Franklin Electric Co. Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Franklin Electric Co. Inc
    Country United States
    City Fort Wayne
    Address 9255 Coverdale Road
    Phone 260 824 2900
    Website www.franklin-electric.com
    FullTime employees 6400
    Industry Specialty Industrial Machinery
    Sector Industrials
    Exchange XNAS
    Ticker FELE
    Market www.nasdaq.com

    Franklin Electric Co. Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown