NASDAQ$FELE

Franklin Electric Co Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Franklin Electric reported increased sales and a decline in operating income in Q4 2024.

Franklin Electric reported Q4 2024 net sales of $485.7 million, a 3% increase year-over-year. However, operating income declined to $43.0 million from $50.8 million in Q4 2023. GAAP EPS was $0.72, down from $0.82 in the prior year. The Energy Systems segment showed the highest growth, while Water Systems remained flat.

  • Q4 2024 net sales increased by 3% to $485.7 million.
  • Operating income declined to $43.0 million from $50.8 million in Q4 2023.
  • EPS was $0.72, down from $0.82 in the prior year.
  • Energy Systems segment posted a record operating income of $24.7 million.

Headline financials

Total Revenue

$486M

Previous: $473M+2.7%
EPS (adj)

$0.72

Previous: $0.82-12.2%
Operating Margin

8.9%

Previous: 10.7%-16.8%
Water Systems OI Margin

12.7%

No prior period
Energy Systems OI Margin

35.9%

No prior period
Distribution OI Margin

0.3%

No prior period
Net Income

$34.3M

Previous: $38.8M-11.7%
Operating Income

$43M

Previous: $50.8M-15.3%
Gross Profit

$164M

Previous: $160M+2.6%

Revenue & EPS history

Franklin Electric · Revenue · Quarterly

$486M

Q4 2024+2.7%vs Q4 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Franklin Electric · $563M total across 3 segments · Q3 2023

  • Water Systems
    $296M+0.9%
  • Distribution
    $189M-2.1%
  • Energy Systems
    $77.7M-13.9%

Forward guidance

Franklin Electric expects full-year 2025 revenue between $2.09 billion and $2.15 billion, with EPS ranging from $4.05 to $4.25.

Tailwinds

  • Anticipated revenue growth driven by recent acquisitions.
  • Focus on margin expansion through productivity initiatives.
  • Healthy balance sheet provides flexibility for strategic investments.
  • Order trends improving as backlog normalizes.
  • Continued growth expected in Energy Systems segment.

Headwinds

  • Macroeconomic pressures remain a headwind.
  • Potential cost increases from supply chain disruptions.
  • Lower profitability in Water Systems due to weaker dewatering pump sales.
  • Distribution segment faces margin pressure despite revenue growth.
  • Fluctuating foreign currency impact on international operations.

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 Q4 2024

Historical avgQ4 2024

-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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro