NASDAQ$FELE
Franklin Electric Co Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Franklin Electric reported record performance driven by double-digit top-line growth and margin improvement.
Franklin Electric reported record second quarter results with sales of $551.1 million, a 26% increase compared to the second quarter of 2021. Operating income also reached a record $81.0 million, a 57% increase. GAAP fully diluted earnings per share was $1.26, a new record for any quarter.
- Record sales of $551.1 million, a 26% increase compared to Q2 2021.
- Strong organic sales growth in all three segments: Water Systems 27%, Fueling Systems 21%, and Distribution 18%.
- Operating income was a record at $81.0 million, a 57% increase compared to Q2 2021.
- GAAP fully diluted earnings per share (EPS) was $1.26, a new record for any quarter.
Headline financials
Revenue & EPS history
Franklin Electric · Revenue · Quarterly
$551M
Revenue by segment
Franklin Electric · $502M total across 2 segments · Q2 2022
- Water Systems$311M+25.6%61.9%
- Distribution$191M+32.0%38.1%
Forward guidance
The company is revising its full-year 2022 guidance, increasing consolidated net sales to between $2.00 billion and $2.15 billion. Furthermore, they are revising and increasing their 2022 full-year earnings per share excluding restructuring to between $4.00 and $4.20.
Tailwinds
- Increasing consolidated net sales guidance to between $2.00 billion and $2.15 billion.
- Increasing full-year earnings per share excluding restructuring to between $4.00 and $4.20.
Headwinds
- Challenging business environment with inflation persisting.
- Supply issues continuing in the near-term.
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 Q2 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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