Recent News
On April 28, 2026 Franklin Electric announced its first-quarter 2026 results and reiterated full‑year revenue and adjusted EPS guidance; the company highlighted ~10% year‑over‑year sales growth and an adjusted diluted EPS of $0.83. On May 11, 2026 shareholders ratified director elections, approved executive compensation, and ratified Deloitte & Touche LLP as the independent registered public accounting firm.
Technical Analysis
Directional indicators (ADX/DI+/DI-): ADX at 15.28 indicates no established trend; DI+ shows a dip-and-reversal while DI- displays a peak-and-reversal, together signaling a nascent bullish tilt but without trend strength to drive a sustained directional move.
MACD: MACD sits at 0.35 above its signal line at 0.15, reflecting a recent bullish crossover; the MACD_trend labeled peak-and-reversal warns that momentum may already be rolling over despite the crossover.
MRO (Momentum/Regression Oscillator): MRO at -19.61 (negative and decreasing) signals the price sits below WMDST’s target and therefore carries potential upward pressure, though the declining MRO reduces the immediacy of that pressure.
RSI: RSI near neutral at 51.56 with a peak-and-reversal signature points to short-term cooling from a recent high rather than a clear continuation or exhaustion pattern.
Price vs. Averages and Bands: Last close $99.63 sits slightly above the 20‑day average ($99.23) and 200‑day average ($96.82) while remaining below the 1x upper Bollinger band ($100.99), indicating price consolidation near short-term resistance with limited volatility expansion; the 12‑day EMA shows a dip-and-reversal, consistent with the mixed momentum picture. Volume profiles remain in line with recent averages, offering no confirmation of a decisive breakout.
Fundamental Analysis
Quarterly results and consensus beat: The company reported Q1 net sales of $500.4M and adjusted diluted EPS of $0.83, beating the $0.77 estimate and supporting the view of improving operational execution.
Profitability: EBIT equals $48,086,000 and EBIT margin stands at 9.61%. That margin sits below the industry peer mean of 18.10% and below the industry peer median of 26.65%, indicating lower operating profitability compared with peers. QoQ the EBIT margin declined by 4.84% while YoY it increased modestly by 0.22%.
Revenue and growth: Total revenue registers at $500,437,000. Reported quarterly sales commentary emphasized ≈10% year‑over‑year growth for Q1; other provided growth metrics show modest near-term variance across periods, underscoring that top‑line momentum concentrates in the latest quarter rather than uniformly across trailing intervals.
Cash flow and liquidity: Operating cash flow sits negative at -$40,875,000 and free cash flow at -$50,354,000, while cash and short‑term investments total $80,400,000. The cash conversion cycle of 156.8 days exceeds the industry peer mean of 88.21 days, indicating working‑capital intensity. Current ratio at 2.67 and quick ratio at 1.14 present ample near‑term liquidity despite the negative operating cash flow.
Leverage and coverage: Total debt equals $290,522,000 with net debt $143,785,000. Debt/EBITDA sits near 4.50x while interest coverage exceeds 20x, reflecting manageable servicing ability but a leverage level that limits financial flexibility if cash generation remains weak.
Valuation: Price multiples show P/E at 117.82 and forward P/E at 75.80; P/B at 3.22 and EV/Revenue and enterprise multiple metrics reflect elevated market pricing. The PE ratio lies above the industry peer mean of 105.28 and slightly above the industry peer median of 113.58, indicating valuation premium relative to peers. WMDST values the stock as over‑valued based on the available inputs.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-03-31 |
| REPORT DATE: | 2026-04-28 |
| NEXT REPORT DATE: | 2026-07-28 |
| CASH FLOW | Begin Period Cash Flow | $ 99.7 M |
| Operating Cash Flow | $ -40.88 M | |
| Capital Expenditures | $ -9.48 M | |
| Change In Working Capital | $ -100.30 M | |
| Dividends Paid | $ -12.45 M | |
| Cash Flow Delta | $ -19.26 M | |
| End Period Cash Flow | $ 80.4 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 500.4 M | |
| Forward Revenue | $ 204.4 M | |
| COSTS | ||
| Cost Of Revenue | $ 325.5 M | |
| Depreciation | $ 16.5 M | |
| Depreciation and Amortization | $ 16.5 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 448.5 M | |
| PROFITABILITY | ||
| Gross Profit | $ 175.0 M | |
| EBITDA | $ 64.6 M | |
| EBIT | $ 48.1 M | |
| Operating Income | $ 52.0 M | |
| Interest Income | — | |
| Interest Expense | $ 2.3 M | |
| Net Interest Income | $ -2.31 M | |
| Income Before Tax | $ 45.8 M | |
| Tax Provision | $ 11.1 M | |
| Tax Rate | 24.2 % | |
| Net Income | $ 34.3 M | |
| Net Income From Continuing Operations | $ 34.7 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.77 | |
| EPS Actual | $ 0.83 | |
| EPS Difference | $ 0.06 | |
| EPS Surprise | 7.792 % | |
| Forward EPS | $ 1.27 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 2.0 B | |
| Intangible Assets | $ 646.8 M | |
| Net Tangible Assets | $ 693.0 M | |
| Total Current Assets | $ 1.0 B | |
| Cash and Short-Term Investments | $ 80.4 M | |
| Cash | $ 80.4 M | |
| Net Receivables | $ 297.9 M | |
| Inventory | $ 583.2 M | |
| Long-Term Investments | $ 8.0 M | |
| LIABILITIES | ||
| Accounts Payable | $ 174.1 M | |
| Short-Term Debt | $ 89.8 M | |
| Total Current Liabilities | $ 379.7 M | |
| Net Debt | $ 143.8 M | |
| Total Debt | $ 290.5 M | |
| Total Liabilities | $ 652.0 M | |
| EQUITY | ||
| Total Equity | $ 1.3 B | |
| Retained Earnings | $ 1.1 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 30.34 | |
| Shares Outstanding | 44.162 M | |
| Revenue Per-Share | $ 11.33 | |
| VALUATION | Market Capitalization | $ 4.3 B |
| Enterprise Value | $ 4.5 B | |
| Enterprise Multiple | 70.093 | |
| Enterprise Multiple QoQ | 4.392 % | |
| Enterprise Multiple YoY | -9.125 % | |
| Enterprise Multiple IPRWA | high: 143.43 median: 85.492 mean: 74.928 FELE: 70.093 low: -353.516 |
|
| EV/R | 9.05 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.49 | |
| Asset To Liability | 3.062 | |
| Debt To Capital | 0.178 | |
| Debt To Assets | 0.146 | |
| Debt To Assets QoQ | 20.906 % | |
| Debt To Assets YoY | 24.933 % | |
| Debt To Assets IPRWA | high: 0.425 mean: 0.188 FELE: 0.146 median: 0.134 low: 0.002 |
|
| Debt To Equity | 0.217 | |
| Debt To Equity QoQ | 22.557 % | |
| Debt To Equity YoY | 25.211 % | |
| Debt To Equity IPRWA | high: 1.041 mean: 0.345 FELE: 0.217 median: 0.199 low: -0.032 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 3.223 | |
| Price To Book QoQ | -3.503 % | |
| Price To Book YoY | -3.638 % | |
| Price To Book IPRWA | high: 9.416 mean: 5.076 median: 4.694 FELE: 3.223 low: -1.169 |
|
| Price To Earnings (P/E) | 117.824 | |
| Price To Earnings QoQ | 2.503 % | |
| Price To Earnings YoY | -16.717 % | |
| Price To Earnings IPRWA | high: 168.804 FELE: 117.824 median: 113.584 mean: 105.281 low: -68.514 |
|
| PE/G Ratio | -25.625 | |
| Price To Sales (P/S) | 8.63 | |
| Price To Sales QoQ | -0.991 % | |
| Price To Sales YoY | -9.462 % | |
| Price To Sales IPRWA | high: 42.542 median: 26.579 mean: 20.137 FELE: 8.63 low: 0.468 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 75.803 | |
| Forward PE/G | -16.486 | |
| Forward P/S | 21.13 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 4.777 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.254 | |
| Asset Turnover Ratio QoQ | -1.244 % | |
| Asset Turnover Ratio YoY | 4.588 % | |
| Asset Turnover Ratio IPRWA | high: 0.324 FELE: 0.254 mean: 0.171 median: 0.119 low: 0.023 |
|
| Receivables Turnover | 1.835 | |
| Receivables Turnover Ratio QoQ | -2.476 % | |
| Receivables Turnover Ratio YoY | 0.482 % | |
| Receivables Turnover Ratio IPRWA | high: 2.647 FELE: 1.835 mean: 1.749 median: 1.697 low: 0.383 |
|
| Inventory Turnover | 0.573 | |
| Inventory Turnover Ratio QoQ | -4.149 % | |
| Inventory Turnover Ratio YoY | 2.668 % | |
| Inventory Turnover Ratio IPRWA | high: 2.811 mean: 1.138 median: 1.076 FELE: 0.573 low: 0.109 |
|
| Days Sales Outstanding (DSO) | 49.722 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 156.809 | |
| Cash Conversion Cycle Days QoQ | 10.721 % | |
| Cash Conversion Cycle Days YoY | 5.344 % | |
| Cash Conversion Cycle Days IPRWA | high: 304.454 FELE: 156.809 median: 89.932 mean: 88.214 low: -19.563 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.787 | |
| CapEx To Revenue | -0.019 | |
| CapEx To Depreciation | -0.574 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 1.5 B | |
| Net Invested Capital | $ 1.6 B | |
| Invested Capital | $ 1.6 B | |
| Net Tangible Assets | $ 693.0 M | |
| Net Working Capital | $ 635.5 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.212 | |
| Current Ratio | 2.674 | |
| Current Ratio QoQ | -4.046 % | |
| Current Ratio YoY | 35.275 % | |
| Current Ratio IPRWA | high: 12.637 FELE: 2.674 mean: 1.701 median: 1.138 low: 0.993 |
|
| Quick Ratio | 1.138 | |
| Quick Ratio QoQ | -3.497 % | |
| Quick Ratio YoY | 38.966 % | |
| Quick Ratio IPRWA | high: 10.846 mean: 1.14 FELE: 1.138 low: 0.724 median: 0.724 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 4.496 | |
| Cost Of Debt | 0.819 % | |
| Interest Coverage Ratio | 20.807 | |
| Interest Coverage Ratio QoQ | 3.301 % | |
| Interest Coverage Ratio YoY | -14.246 % | |
| Interest Coverage Ratio IPRWA | high: 41.429 median: 24.577 FELE: 20.807 mean: 16.96 low: -48.0 |
|
| Operating Cash Flow Ratio | -0.081 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 47.487 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 2.758 | |
| Dividend Payout Ratio | 0.363 | |
| Dividend Rate | $ 0.28 | |
| Dividend Yield | 0.003 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 2.684 % | |
| Revenue Growth | -1.266 % | |
| Revenue Growth QoQ | -90.162 % | |
| Revenue Growth YoY | -79.838 % | |
| Revenue Growth IPRWA | high: 11.951 % FELE: -1.266 % median: -3.503 % mean: -3.95 % low: -46.572 % |
|
| Earnings Growth | -4.598 % | |
| Earnings Growth QoQ | -86.099 % | |
| Earnings Growth YoY | -33.785 % | |
| Earnings Growth IPRWA | high: 7.692 % median: -1.99 % FELE: -4.598 % mean: -5.413 % low: -32.323 % |
|
| MARGINS | ||
| Gross Margin | 34.963 % | |
| Gross Margin QoQ | 3.334 % | |
| Gross Margin YoY | -2.889 % | |
| Gross Margin IPRWA | high: 69.217 % median: 37.209 % mean: 37.063 % FELE: 34.963 % low: -11.982 % |
|
| EBIT Margin | 9.609 % | |
| EBIT Margin QoQ | -4.843 % | |
| EBIT Margin YoY | 0.219 % | |
| EBIT Margin IPRWA | high: 26.648 % median: 26.648 % mean: 18.098 % FELE: 9.609 % low: -93.547 % |
|
| Return On Sales (ROS) | 10.382 % | |
| Return On Sales QoQ | 1.397 % | |
| Return On Sales YoY | 8.281 % | |
| Return On Sales IPRWA | high: 26.702 % median: 26.702 % mean: 19.442 % FELE: 10.382 % low: -99.892 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ -50.35 M | |
| Free Cash Flow Yield | -1.166 % | |
| Free Cash Flow Yield QoQ | -158.097 % | |
| Free Cash Flow Yield YoY | 92.409 % | |
| Free Cash Flow Yield IPRWA | high: 2.563 % median: 0.831 % mean: 0.635 % FELE: -1.166 % low: -11.857 % |
|
| Free Cash Growth | -156.786 % | |
| Free Cash Growth QoQ | 5382.028 % | |
| Free Cash Growth YoY | 23.47 % | |
| Free Cash Growth IPRWA | high: 325.08 % median: -19.197 % mean: -33.845 % FELE: -156.786 % low: -568.477 % |
|
| Free Cash To Net Income | -1.467 | |
| Cash Flow Margin | -6.11 % | |
| Cash Flow To Earnings | -0.891 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 1.742 % | |
| Return On Assets QoQ | -12.506 % | |
| Return On Assets YoY | 5.448 % | |
| Return On Assets IPRWA | high: 3.553 % median: 2.467 % mean: 1.928 % FELE: 1.742 % low: -10.831 % |
|
| Return On Capital Employed (ROCE) | 2.974 % | |
| Return On Equity (ROE) | 0.026 | |
| Return On Equity QoQ | -13.679 % | |
| Return On Equity YoY | 7.331 % | |
| Return On Equity IPRWA | high: 0.142 mean: 0.038 median: 0.037 FELE: 0.026 low: -0.179 |
|
| DuPont ROE | 2.579 % | |
| Return On Invested Capital (ROIC) | 2.33 % | |
| Return On Invested Capital QoQ | -16.607 % | |
| Return On Invested Capital YoY | 4.111 % | |
| Return On Invested Capital IPRWA | high: 5.205 % median: 3.178 % mean: 3.029 % FELE: 2.33 % low: -5.81 % |
|