NASDAQ$FELE
Franklin Electric Co Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Franklin Electric reported record sales, operating income, and earnings per share for the first quarter of 2022, driven by strong demand across all businesses.
Franklin Electric announced record first quarter 2022 results, with sales reaching $451.5 million, a 36% increase compared to the first quarter of 2021. Operating income also reached a record $39.9 million, up 18% from the previous year. GAAP fully diluted earnings per share (EPS) was $0.63, a new record for any first quarter.
- Record sales of $451.5 million, a 36% increase compared to Q1 2021.
- Strong organic sales growth in all three segments: Fueling Systems up 29%, Water Systems up 27%, and Distribution up 26%.
- Operating income reached a record $39.9 million, an 18% increase compared to Q1 2021.
- GAAP fully diluted earnings per share (EPS) was $0.63, a new record for any first quarter.
Headline financials
Revenue & EPS history
Franklin Electric · Revenue · Quarterly
$451M
Revenue by segment
Franklin Electric · $480M total across 3 segments · Q1 2022
- Water Systems$273M+38.0%56.8%
- Distribution$135M+41.0%28.1%
- Energy Systems$72.5M+27.6%15.1%
Forward guidance
The Company is maintaining its full year 2022 sales to be in the range of $1.90 billion to $2.05 billion and full year 2022 earnings per share before restructuring expenses to be in the range from $3.50 to $3.75.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
-0.6%
Avg return
Earnings day
-1.0%
Avg return
5 days after
-0.4%
Avg return
30 days after
37%
24 / 65 earnings
Positive
+22.0%
Q3 2015
Best reaction
-14.6%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.5% | -3.9% | -4.4% | |
| Q4 2025 | -14.6% | -12.0% | -16.1% | |
| Q3 2025 | -3.5% | -3.8% | -2.4% | |
| Q1 2025 | -4.4% | -0.3% | -2.3% | |
| Q4 2024 | +6.0% | +4.3% | -2.0% | |
| Q3 2024 | -5.9% | -4.9% | +4.5% | |
| Q2 2024 | -3.1% | +1.9% | -3.9% | |
| Q1 2024 | -5.5% | -4.2% | -5.4% | |
| Q4 2023 | -2.0% | +0.3% | +1.0% | |
| Q3 2023 | -0.0% | -0.2% | +6.3% | |
| Q2 2023 | -7.1% | -8.6% | -10.8% | |
| Q1 2023 | +5.8% | +5.3% | +1.3% | |
| Q4 2022 | +3.6% | +4.4% | -2.1% | |
| Q3 2022 | -5.5% | -6.7% | -3.2% | |
| Q2 2022 | +9.0% | +14.6% | +17.2% | |
| Q1 2022 | -10.0% | -12.6% | -9.2% | |
| Q4 2021 | +2.0% | -0.7% | -0.4% | |
| Q3 2021 | -3.0% | -1.2% | +9.0% | |
| Q2 2021 | -2.9% | -0.9% | +0.6% | |
| Q1 2021 | -0.1% | -0.1% | +3.6% | |
| Q4 2020 | -0.4% | -1.6% | +6.6% | |
| Q3 2020 | -5.5% | -4.3% | +9.3% | |
| Q2 2020 | +5.3% | -0.1% | +10.0% | |
| Q1 2020 | +5.6% | -3.9% | +1.5% | |
| Q4 2019 | -2.6% | -2.5% | -20.8% | |
| Q3 2019 | +5.7% | +3.3% | +5.9% | |
| Q2 2019 | +2.5% | +3.2% | -0.1% | |
| Q1 2019 | -7.3% | -7.2% | -13.9% | |
| Q4 2018 | +7.6% | +8.4% | +2.5% | |
| Q3 2018 | +2.0% | +4.2% | +7.2% | |
| Q2 2018 | +0.0% | +1.7% | +3.3% | |
| Q1 2018 | +5.2% | +6.8% | +12.8% | |
| Q4 2017 | -8.1% | -8.1% | -7.8% | |
| Q3 2017 | -1.7% | +2.4% | +2.0% | |
| Q2 2017 | -4.4% | -5.0% | -9.7% | |
| Q1 2017 | -8.2% | -11.7% | -15.9% | |
| Q4 2016 | +5.9% | +5.5% | +0.7% | |
| Q3 2016 | -6.8% | -4.7% | +3.5% | |
| Q2 2016 | +6.5% | +4.3% | +5.0% | |
| Q1 2016 | +3.0% | — | — | |
| Q4 2015 | -0.9% | — | — | |
| Q3 2015 | +22.0% | — | — | |
| Q2 2015 | +3.6% | — | — | |
| Q1 2015 | -6.2% | — | — | |
| Q4 2014 | +4.2% | — | — | |
| Q3 2014 | -6.2% | — | — | |
| Q2 2014 | -2.9% | — | — | |
| Q1 2014 | -2.7% | — | — | |
| Q4 2013 | +6.5% | — | — | |
| Q3 2013 | -2.7% | — | — | |
| Q2 2013 | -0.4% | — | — | |
| Q1 2013 | -3.5% | — | — | |
| Q4 2012 | -3.4% | — | — | |
| Q3 2012 | +2.1% | — | — | |
| Q2 2012 | -4.4% | — | — | |
| Q1 2012 | -1.9% | — | — | |
| Q4 2011 | -1.3% | — | — | |
| Q3 2011 | -4.0% | — | — | |
| Q2 2011 | +1.0% | — | — | |
| Q4 2009 | +2.0% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q3 2010 | -1.3% | — | — | |
| Q2 2010 | -0.4% | — | — | |
| Q4 2010 | -0.4% | — | — | |
| Q1 2010 | +0.7% | — | — |
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