FRANKLIN ELECTRIC CO INC (FELE) Form 8-K — Oct 28, 2026
Franklin Electric reported Q3 2026 net sales of $633.6 million, up 9% year over year, with growth across all three segments: Water Systems +5%, Energy Systems +15%, and Distribution +15%. GAAP diluted EPS was $1.35 versus $0.37 a year ago (prior year included a pension settlement loss), and adjusted diluted EPS rose 15% to $1.50 from $1.31. Management raised full-year 2026 guidance to $2.23-$2.30 billion in net sales and $4.62-$4.82 in adjusted diluted EPS. CEO Joe Ruzynski cited favorable pricing, acquisition contributions including early traction from Cat Pumps, and healthy customer activity.
Key figures
- Eps
- 1.35
- Revenue
- 633600000
- Guidance
- FY2026 net sales raised to $2.23B-$2.30B; Adjusted Diluted EPS raised to $4.62-$4.82
- Net Income
- 61047000
- Revenue Yoy
- 9%
- Total Assets
- 2638731000
- Cash Position
- 159103000
- Adjusted eps yoy
- 15%
- Operating income
- 86500000
- Operating margin
- 13.7%
- Distribution sales
- $226.1M (+15%)
- Water systems sales
- $352.5M (+5%)
- Adjusted diluted eps
- 1.5
- Energy systems sales
- $91.7M (+15%)
- Nine month net sales
- 1756932000
- Adjusted operating income
- 95400000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.