Earnings ·
Franklin Electric Co., Inc. reported second quarter 2026 financial results on July 28, 2026
FELEFranklin Electric Co Inc
Franklin Electric Co., Inc. reported second quarter 2026 financial results on July 28, 2026. Consolidated net sales increased 6% to $622.9 million, driven by growth in Water Systems, Energy Systems, and Distribution segments. Operating income rose 6% to $93.6 million with a 15.0% margin. GAAP fully diluted earnings per share were $1.46, an 11% increase, while adjusted diluted EPS reached $1.55, up 18%. The company raised its full-year 2026 guidance, projecting net sales between $2.21 billion and $2.29 billion and adjusted diluted EPS between $4.50 and $4.70. Franklin Electric Co., Inc. operates in the industrial manufacturing industry, producing systems and components for the movement of water and energy.