Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. The company operates through Water Systems, Fueling Systems, and Distribution segments. The Water Systems segment offers submersible motors, drives, pumps, 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.
| 106.22 | |
| 104.57 | |
| - | |
| 106.65 | |
| 104.57 | |
| 81.9699-107.6098 | |
| 4 781 M | |
| 25.8085 | |
| 46 080 K | |
| 2 016 M | |
| 1.26 | |
| 0.0096 | |
| 0.956 |
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Franklin Electric (NASDAQ:FELE) Second Quarter 2024 Results Key Financial Results Revenue: US$543.3m (down 4.6% from 2Q 2023). Net income: US$59.1m (flat on 2Q 2023). Profit margin: 11% (in line wit...
Franklin Electric Co., Inc. Second Quarter 2024 Highlights Consolidated net sales of $543.3 million, a decrease of 5% to the prior year, with lower sales across all three segments Operating income ...
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