Franklin Electric

Franklin Electric

Overview

About Franklin Electric

Simplify's Rating
Why Franklin Electric is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Fort Wayne, Indiana

Founded

1944

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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

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

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

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