NASDAQ$FELE

Franklin Electric Co Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Franklin Electric's Q3 2021 earnings showcased record sales, operating income, and EPS, driven by strong demand across all segments.

Franklin Electric reported record third-quarter results with sales of $459.0 million, a 31% increase compared to the third quarter of 2020. Operating income increased by 17% to $56.6 million, and GAAP EPS reached a record $0.98. The company benefited from strong organic sales growth across its Water Systems, Distribution, and Fueling Systems segments.

  • Record sales of $459.0 million, a 31% increase compared to Q3 2020.
  • Operating income increased 17% to $56.6 million.
  • GAAP EPS reached a record $0.98.
  • Strong organic sales growth in Distribution, Fueling Systems, and Water Systems segments.

Headline financials

Total Revenue

$459M

Previous: $351M+30.7%
EPS (adj)

$0.98

Previous: $0.83+18.1%
Capital Expenditures

-$20.3M

Previous: -$15.2M-33.0%
Free Cash Flow

$25.9M

Previous: $23.1M+12.0%
Net Income

$46.2M

Previous: $38.4M+20.3%
Operating Income

$56.6M

Previous: $48.4M+17.0%
Gross Profit

$163M

Previous: $124M+31.2%
Cash & Equivalents

$76M

Previous: $114M-33.7%
Total Assets

$1.55B

Previous: $1.2B+28.7%
Stock-Based Comp

$2.35M

Previous: $1.3M+81.0%

Revenue & EPS history

Franklin Electric · Revenue · Quarterly

$459M

Q3 2021+30.7%vs Q3 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Franklin Electric · $482M total across 3 segments · Q3 2021

  • Water Systems
    $261M+28.5%
  • Distribution
    $140M+43.1%
  • Energy Systems
    $81M+18.4%

Forward guidance

The Company is raising our most recent full year 2021 earnings per share before restructuring expenses to be in the range from $2.99 to $3.07.

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 Q3 2021

Historical avgQ3 2021

-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

Earnings price reactions
QuarterReport dateReaction (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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