Franklin Electric Co Inc - Company Profile

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Franklin Electric Co Inc: Overview

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Franklin Electric Co Inc (Franklin Electric) is an industrial equipment company. It provides systems and components for the movement and management of water and fuel. The company designs manufactures and distributes water and fuel pumping systems, which include submersible motors, electronic controls, pumps and related parts and equipment. It sells water systems and fueling system products and related equipment to specialty distributors, original equipment manufacturers (OEMs), industrial and petroleum equipment distributors and major oil and utility companies. Franklin Electric serves residential, commercial, agricultural, industrial, and municipal markets. The company markets its products in North America, Latin America, Europe, the Middle East, and Asia-Pacific. Franklin Electric is headquartered in Fort Wayne, Indiana, the US.

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Headquarters United States of America
Address 9255 Coverdale Road, Fort Wayne, Indiana, 46809
Website franklin-electric.com
Telephone 1 260 8242900
No of Employees 6,500
Industry Industrial Goods and Machinery
Ticker Symbol & Exchange FELE (NASD)
Revenue (2022) $2.0B 23% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 21.8% (2022 vs 2021)
Market Cap* $4.6B
Net Profit Margin (2022) XYZ -1.0% (2022 vs 2021)
* As of and is in US$
View Franklin Electric Co Inc financials
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Franklin Electric Co Inc premium industry data and analytics

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Construction Projects

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ICT Spend & Tech Priorities

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Products and Services

Products Brands
Pumps MagForce
Drives
Submersible Motors
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Asset Purchase In December, Franklin Water Treatment announced the acquisition of the assets of Action Manufacturing & Supply.
2023 New Products/Services In January, the company announced the launch of the INCON Distribution Transformer Monitor (DTM).
2022 Stake Sale In August, the company sold 7% stake to Teacher Retirement System of Texas.
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Competitor Comparison

Key Parameters Franklin Electric Co Inc Danaher Corp Dover Corp Xylem Inc Pentair Plc
Headquarters United States of America United States of America United States of America United States of America United Kingdom
City Fort Wayne Washington Downers Grove Washington London
State/Province Indiana WashingtonD.C. Illinois WashingtonD.C. England
No. of Employees 6,500 79,000 25,000 17,800 11,250
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Gregg C. Sengstack Chief Executive Officer; Chairman; President Executive Board 2015 64
Jeffery L. Taylor Vice President; Chief Financial Officer Senior Management 2021 56
Jonathan Grandon Chief Administrative Officer; General Counsel; Secretary Senior Management 2016 47
DeLancey W. Davis Vice President - North America Water Systems; President - North America Water Systems Senior Management 2017 57
Brent L. Spikes Vice President - Global Manufacturing Operations Senior Management 2022 51
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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