Franklin Electric
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Overview
About Franklin Electric
Industries
Industrial & Manufacturing
Energy
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Fort Wayne, Indiana
Founded
1944
Simplify's Take
What believers are saying
- Q1 2026 sales hit $500.4M, up 10%, with adjusted EPS record $0.83 across segments.
- Geoquip acquisition on December 17, 2025, expands UK groundwater market share.
- $125M senior notes issuance bolsters working capital post-Q2 strength.
What critics are saying
- Tariffs erode gross margins 100bps to 35% in Q1 2026, losing share to Grundfos.
- Xylem's March 15, 2026 Oxford Flow buyout undercuts FELE pumps with smart valves.
- Ripple XRP disclosure triggers SEC fines, cratering confidence in 3-9 months.
What makes Franklin Electric unique
- VersaBoost Pro series delivers NSF-certified constant pressure up to 45 GPM with integrated VFD.
- SMS-RV SubMonitor integrates smart overload protection for extended irrigation motor life.
- Cerus X-Drive panels ensure IEEE-519 compliance via built-in harmonic filters.
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Funding
Total Funding
$650M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Hybrid Work Options
Paid Vacation
Paid Holidays
Parental Leave
Fertility Treatment Support
Adoption Assistance
Tuition Reimbursement
Professional Development Budget
Wellness Program
Stock Price
Franklin Electric is Hiring for 48 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Franklin Electric
Industries
Industrial & Manufacturing
Energy
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Fort Wayne, Indiana
Founded
1944
Franklin Electric is Hiring for 48 Jobs on Simplify!
Find jobs on Simplify and start your career today