Franklin Electric Co., Inc. (FELE) Stock

Franklin Electric Co., Inc. (FELE) is a Industrials stock trading at $103.39 (as of 2026-08-20), with a market capitalization of $4.57B and a trailing P/E of 30.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Franklin Electric Co., Inc., with its subsidiaries, develops, manufactures, and distributes water and fuel pumping systems worldwide. It operates through Water Systems and Fueling Systems segments, supplying pumps, motors, electronic controls, monitoring and protection components, and related equipment for residential, agricultural, municipal, industrial, and fueling applications.

Understand Franklin Electric Co., Inc.: how it makes money

Franklin Electric designs, manufactures, and distributes water and fuel pumping systems worldwide, making money by selling submersible motors and pumps, drives and electronic controls, water treatment and monitoring equipment, and related parts through its Water Systems, Fueling Systems, and Distribution segments.

Its profit is structurally linked to selling manufactured pumping system components and related equipment (motors, pumps, drives, controls, and monitoring) through its Water Systems and Fueling Systems platforms, with an additional Distribution segment that monetizes the flow of products to customers.

Revenue by segment (latest quarter)
Water$0.3B
Fueling$0.1B
Distribution$0.1B

Business quality (Weak): Clear, product-led business model across Water Systems, Fueling Systems, and Distribution, but segment profitability detail is limited in the provided facts, and operating metrics available here are mostly segment revenue (not unit or backlog measures).

Valuation: At 31× earnings, FELE trades 11% below the Electrical Equipment average (35×). Note: one-time items can distort reported P/E.

Bull case

  • Broad product offering within water pumping: Water Systems includes submersible motors, pumps, drives, electronic controls, water treatment systems, and monitoring devices, plus related parts and equipment.
  • Multiple segment revenue streams: The company reports three operating segments, Water Systems, Fueling Systems, and Distribution, supporting diversification of where revenue comes from.

Bear case

  • Concentration risk in Water Systems: Among the provided segment revenue figures, Water Systems is the largest portion, so performance of that segment is likely to matter disproportionately.
  • Distribution profitability signal is unclear in the provided data: The provided candidate values show Distribution Segment Operating Income as 0.0 (both GAAP and non-GAAP candidates), which may indicate limited profitability contribution in that segment based on the available facts.
Valuation — source: SEC EDGAR (first-party)
Price$103.39
Market Cap$4.57B
P/E Ratio30.4
EV / EBITDA13.5
Price / Book3.40
Price / Sales2.10
FCF Yield3.7%
DCF Value (model)$76.43
DCF Upside vs Price-26.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$2.13B
Net Margin6.9%
Revenue Growth (YoY)9.9%
EPS Growth (YoY)14.9%
FCF Growth (YoY)91.4%
Financial Health — source: SEC EDGAR
Altman Z-Score7.14 (safe)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E30.4
Sector P/E (Industrials)25.9
Industry P/E (Electrical Equipment)37.8
vs Sector17.3%
vs Industry-19.7%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($595.69M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryElectrical Equipment
CEOJoseph A. Ruzynski
Employees6,300
CountryUS
IPO Date1980-03-17

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

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FELE earnings history · FELE institutional & insider holders · FELE KPIs & operating metrics · FELE financials · FELE investor presentations & press releases · FELE SEC filings · FELE peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.