Earnings Summary

Franklin Electric Co Inc’s revenue jumped 3.27% since last year same period to $569.18Mn in the Q2 2023. On a quarterly growth basis, Franklin Electric Co Inc has generated 17.47% jump in its revenue since last 3-months.

Franklin Electric Co Inc’s net profit jumped 1.34% since last year same period to $60.16Mn in the Q2 2023. On a quarterly growth basis, Franklin Electric Co Inc has generated 61.18% jump in its net profits since last 3-months.

Franklin Electric Co Inc’s net profit margin fell -1.87% since last year same period to 10.57% in the Q2 2023. On a quarterly growth basis, Franklin Electric Co Inc has generated 37.21% jump in its net profit margins since last 3-months.

Franklin Electric Co Inc’s earning per share (EPS) estimates for the current quarter stand at 0.96 - a -23.2% fall from last quarter’s estimates.

Franklin Electric Co Inc’s earning per share (EPS) estimates for the current year stand at 0.96.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Franklin Electric Co Inc’s return on assets (ROA) stands at 0.09.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Franklin Electric Co Inc’s return on equity (ROE) stands at 0.18.

Franklin Electric Co Inc declared 0.23 dividend per share during the earnings announcement for Q1 2023.