Franklin Electric Co., Inc.

NasdaqGS FELE

Franklin Electric Co., Inc. Inventory for the quarter ending September 30, 2024: USD 524.65 M

Franklin Electric Co., Inc. Inventory is USD 524.65 M for the quarter ending September 30, 2024, a -3.48% change year over year. Inventory is the value of goods held by a company for sale or used in the production process.
  • Franklin Electric Co., Inc. Inventory for the quarter ending September 30, 2023 was USD 543.54 M, a -2.52% change year over year.
  • Franklin Electric Co., Inc. Inventory for the quarter ending September 30, 2022 was USD 557.60 M, a 40.98% change year over year.
  • Franklin Electric Co., Inc. Inventory for the quarter ending September 30, 2021 was USD 395.53 M, a 36.72% change year over year.
  • Franklin Electric Co., Inc. Inventory for the quarter ending September 30, 2020 was USD 289.29 M, a -13.34% change year over year.
Key data
Date Inventory Goodwill Total Assets Current Liabilities
Market news
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NasdaqGS: FELE

Franklin Electric Co., Inc.

CEO Mr. Joseph A. Ruzynski
IPO Date March 17, 1980
Location United States
Headquarters 9255 Coverdale Road
Employees 6,400
Sector Utilities
Industries
Description

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.

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StockViz Staff

January 16, 2025

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