Franklin Electric (FELE) Revenue & Revenue Breakdown

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Franklin Electric Revenue Highlights

Latest Revenue (Y)

$2.07B

Latest Revenue (Q)

$531.44M

Main Segment (Y)

Water Systems

Main Geography (Y)

UNITED STATES

Franklin Electric Revenue by Period

Franklin Electric Revenue by Year

Date	Revenue	Change
2023-12-31	$2.07B	1.05%
2022-12-31	$2.04B	22.98%
2021-12-31	$1.66B	33.23%
2020-12-31	$1.25B	-5.12%
2019-12-31	$1.31B	1.27%
2018-12-31	$1.30B	15.40%
2017-12-31	$1.12B	18.43%
2016-12-31	$949.86M	2.70%
2016-01-02	$924.92M	-11.73%
2015-01-03	$1.05B	8.53%
2013-12-28	$965.46M	8.32%
2012-12-29	$891.35M	8.56%
2011-12-31	$821.08M	15.03%
2011-01-01	$713.79M	14.03%
2009-12-31	$625.99M	-16.05%
2009-01-03	$745.63M	23.85%
2007-12-29	$602.02M	7.90%
2006-12-30	$557.95M	26.93%
2005-12-31	$439.56M	8.72%
2005-01-01	$404.31M	12.46%
2004-01-03	$359.50M	1.30%
2002-12-28	$354.87M	9.90%
2001-12-29	$322.91M	-0.87%
2000-12-30	$325.73M	11.10%
2000-01-01	$293.20M	7.60%
1999-01-02	$272.50M	-10.15%
1998-01-03	$303.30M	0.86%
1996-12-28	$300.70M	8.79%
1995-12-30	$276.40M	14.50%
1994-12-31	$241.40M	16.96%
1993-12-31	$206.40M	-

Franklin Electric generated $2.07B in revenue during NA 2023, up 1.05% compared to the previous quarter, and up 159.09% compared to the same period a year ago.

Franklin Electric Revenue by Quarter

Date	Revenue	Change
2024-09-30	$531.44M	-2.18%
2024-06-30	$543.26M	17.87%
2024-03-31	$460.90M	-2.55%
2023-12-31	$472.97M	-12.16%
2023-09-30	$538.43M	-5.40%
2023-06-30	$569.18M	17.47%
2023-03-31	$484.55M	-1.00%
2022-12-31	$489.43M	-11.28%
2022-09-30	$551.67M	0.10%
2022-06-30	$551.14M	22.08%
2022-03-31	$451.47M	4.38%
2021-12-31	$432.52M	-5.77%
2021-09-30	$459.02M	4.97%
2021-06-30	$437.28M	31.30%
2021-03-31	$333.05M	3.72%
2020-12-31	$321.11M	-8.57%
2020-09-30	$351.19M	13.92%
2020-06-30	$308.28M	15.57%
2020-03-31	$266.75M	-16.67%
2019-12-31	$320.11M	-8.13%
2019-09-30	$348.42M	-1.95%
2019-06-30	$355.34M	22.23%
2019-03-31	$290.71M	-8.19%
2018-12-31	$316.66M	-7.37%
2018-09-30	$341.87M	-0.61%
2018-06-30	$343.97M	16.35%
2018-03-31	$295.63M	2.58%
2017-12-31	$288.19M	-7.37%
2017-09-30	$311.11M	1.89%
2017-06-30	$305.35M	38.64%
2017-03-31	$220.25M	-8.07%
2016-12-31	$239.59M	-0.07%
2016-10-01	$239.75M	-4.89%
2016-07-02	$252.08M	15.41%
2016-04-02	$218.43M	-0.39%
2016-01-02	$219.28M	-5.68%
2015-10-03	$232.49M	-6.04%
2015-07-04	$247.43M	9.61%
2015-04-04	$225.73M	-11.07%
2015-01-03	$253.84M	-8.71%
2014-09-27	$278.05M	-2.25%
2014-06-28	$284.47M	22.92%
2014-03-29	$231.42M	0.77%
2013-12-28	$229.65M	-8.08%
2013-09-28	$249.84M	-5.16%
2013-06-29	$263.44M	18.39%
2013-03-30	$222.52M	8.46%
2012-12-29	$205.17M	-13.63%
2012-09-29	$237.56M	-3.70%
2012-06-30	$246.70M	22.17%
2012-03-31	$201.92M	7.84%
2011-12-31	$187.24M	-16.56%
2011-10-01	$224.39M	0.12%
2011-07-02	$224.12M	20.93%
2011-04-02	$185.33M	5.92%
2011-01-01	$174.97M	-7.13%
2010-10-02	$188.41M	-1.06%
2010-07-03	$190.42M	19.02%
2010-04-03	$159.99M	10.41%
2009-12-31	$144.91M	-12.71%
2009-10-03	$166.01M	0.44%
2009-07-04	$165.28M	10.33%
2009-04-04	$149.80M	-1.52%
2009-01-03	$152.11M	-29.52%
2008-09-30	$215.81M	7.00%
2008-06-30	$201.70M	14.59%
2008-03-31	$176.01M	14.49%
2007-12-29	$153.74M	-

Franklin Electric generated $531.44M in revenue during Q3 2024, up -2.18% compared to the previous quarter, and up 93.37% compared to the same period a year ago.

Franklin Electric Revenue Breakdown

Franklin Electric Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Water Systems	$1.20B	$1.16B	$963.60M	$734.70M	$781.50M
Distribution	$673.30M	$668.10M	$497.60M	$328.40M	$291.80M
Fueling Systems	$296.50M	$334.10M	$289.10M	$245.10M	$293.60M

Franklin Electric's latest annual revenue breakdown by segment (product or service), as of Dec 23: Water Systems (55.38%), Distribution (30.98%), and Fueling Systems (13.64%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Distribution	$190.80M	$190.50M	$147.00M	$148.00M	$189.20M	$193.10M	$143.00M	$148.90M	$193.20M	$191.10M	$134.90M	$116.90M	$140.20M	$144.80M	$95.70M	$77.90M	$98.00M	$92.10M	$60.40M	$64.40M
Water Systems	$302.20M	$315.60M	$286.60M	$571.70M	$295.80M	$176.80M	$159.40M	$281.30M	$158.90M	$158.40M	$134.70M	$258.10M	$134.80M	$114.10M	$84.20M	$189.30M	$93.40M	$80.80M	$70.90M	$188.30M
Fueling Systems	$69.70M	$73.10M	$62.10M	$104.40M	$77.70M	$60.40M	$54.00M	$85.40M	$66.50M	$64.20M	$51.90M	$79.10M	$58.90M	$50.60M	$37.70M	$65.50M	$46.40M	$35.30M	$37.40M	$77.20M
Consolidated	$531.40M	$543.30M	$460.90M	$538.40M	$569.10M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Franklin Electric's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Consolidated (48.57%), Water Systems (27.62%), Distribution (17.44%), and Fueling Systems (6.37%).

Franklin Electric Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$1.44B	$1.41B	$1.08B	$760.60M	$776.60M
Non-US	$623.50M	$629.60M	$586.20M	$486.70M	$538.00M

Franklin Electric's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (69.81%), and Non-US (30.19%).

Quarterly Revenue by Country

Country	Mar 18
EMEA	$49.30M
Latin America	$29.10M
AllOther	$26.60M
Asia Pacific	$20.80M
United States & Canada	$80.80M

Franklin Electric's latest quarterly revenue breakdown by geography, as of Mar 18: United States & Canada (39.11%), EMEA (23.86%), Latin America (14.09%), AllOther (12.88%), and Asia Pacific (10.07%).

Franklin Electric Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AME	AMETEK	$6.60B	$1.71B
FLS	Flowserve	$4.32B	$357.07M
DCI	Donaldson Company	$3.59B	$927.90M
ITT	ITT	$3.28B	$885.20M
IEX	IDEX	$3.27B	$798.20M
FELE	Franklin Electric	$2.07B	$531.44M
CR	Crane NXT	$1.39B	$597.20M
TNC	Tennant Company	$1.24B	$315.80M
NPO	EnPro Industries	$1.06B	$260.90M
KAI	Kadant	$957.67M	$271.61M
HLIO	Helios	$835.60M	$194.50M
LXFR	Luxfer	$405.00M	$99.40M
HURC	Hurco Companies	$227.81M	$42.65M
OFLX	Omega Flex	$111.47M	$24.88M

FELE Revenue FAQ

What is Franklin Electric’s yearly revenue?

Franklin Electric's yearly revenue for 2023 was $2.07B, representing an increase of 1.05% compared to 2022. The company's yearly revenue for 2022 was $2.04B, representing an increase of 22.98% compared to 2021. FELE's yearly revenue for 2021 was $1.66B, representing an increase of 33.23% compared to 2020.

What is Franklin Electric’s quarterly revenue?

Franklin Electric's quarterly revenue for Q3 2024 was $531.44M, a -2.18% decrease from the previous quarter (Q2 2024), and a -1.30% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $543.26M, a 17.87% increase from the previous quarter (Q1 2024), and a -4.55% decrease year-over-year (Q2 2023). FELE's quarterly revenue for Q1 2024 was $460.9M, a -2.55% decrease from the previous quarter (Q4 2023), and a -4.88% decrease year-over-year (Q1 2023).

What is Franklin Electric’s revenue growth rate?

Franklin Electric's revenue growth rate for the last 3 years (2021-2023) was 24.27%, and for the last 5 years (2019-2023) was 57.09%.

What are Franklin Electric’s revenue streams?

Franklin Electric's revenue streams in c 23 are Water Systems, Distribution, and Fueling Systems. Water Systems generated $1.2B in revenue, accounting 55.38% of the company's total revenue, up 3.99% year-over-year. Distribution generated $673.3M in revenue, accounting 30.98% of the company's total revenue, up 0.78% year-over-year. Fueling Systems generated $296.5M in revenue, accounting 13.64% of the company's total revenue, down -11.25% year-over-year.

What is Franklin Electric’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Franklin Electric was Water Systems. This segment made a revenue of $1.2B, representing 55.38% of the company's total revenue.