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FRANKLIN ELECTRIC CO INC (FELE)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20Sep-30-20
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Revenues:  
    Fueling Systems  86.072.579.181.072.256.865.568.4
    Distribution  191.1134.9116.9140.2144.895.777.998.0
    Water Systems  310.5272.6258.1260.7247.2197.6189.3202.9
Total revenues  551.1451.5432.6459.0437.3333.0321.1351.2
            Revenue growth   [+]26.0%35.6%34.7%30.7%41.8%24.8%0.3%0.8%
Cost of goods sold  361.9306.1287.3295.9285.0217.5209.7226.9
Gross profit  189.3145.4145.3163.1152.3115.5111.4124.3
            Gross margin  34.3%32.2%33.6%35.5%34.8%34.7%34.7%35.4%
Selling, general and administrative   [+]108.3104.797.7106.4100.581.676.775.5
Other operating expenses  0.00.00.10.00.00.00.00.0
EBITDA   [+]93.452.759.368.962.743.544.357.8
            EBITDA margin  17.0%11.7%13.7%15.0%14.3%13.1%13.8%16.4%
Depreciation  8.07.87.68.07.57.17.26.6
EBITA  85.445.051.660.955.336.437.151.1
            EBITA margin  15.5%10.0%11.9%13.3%12.6%10.9%11.6%14.6%
Amortization of intangibles  4.44.34.24.23.52.52.42.3
EBIT   [+]81.040.747.456.751.833.934.748.8
            EBIT margin  14.7%9.0%11.0%12.3%11.8%10.2%10.8%13.9%
Non-recurring items   [+]0.00.70.20.10.20.20.30.4
Interest expense  2.91.51.41.41.41.11.11.1
Other income (expense), net   [+]-1.5-1.05.81.7-1.6-0.2-1.0-0.6
Pre-tax income  76.637.551.756.948.632.532.246.7
Income taxes  16.87.410.710.49.34.45.28.1
            Tax rate  21.9%19.6%20.7%18.3%19.0%13.5%16.2%17.3%
Minority interest  0.40.40.30.30.20.30.20.2
Net income  59.429.840.746.239.127.926.838.4
            Net margin  10.8%6.6%9.4%10.1%9.0%8.4%8.3%10.9%
   
Basic EPS   [+]$1.28$0.64$0.88$0.99$0.84$0.60$0.58$0.83
Diluted EPS   [+]$1.27$0.63$0.87$0.98$0.83$0.59$0.57$0.82
   
Dividends per share   [+]$0.20$0.20$0.19$0.18$0.18$0.18$0.17$0.16
   
Shares outstanding (basic)   [+]46.346.446.446.546.546.346.246.2
Shares outstanding (diluted)   [+]46.947.147.047.047.146.946.746.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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