Franklin Electric Co., Inc.

NasdaqGS:FELE

Sector

🔌 Utilities

Industries

🚰 General Utilities

⚡️ Electricity

🌊 Hydro Energy

💧 Water

Location

United States

Market Cap

USD 4.08 B

Share Price

USD 88.64

Avg Daily Volume

297,419

Change (1 day)

-0.90%

Change (1 year)

-7.89%

Change (YTD)

-9.04%

Franklin Electric Co., Inc. Inventory for the year ending December 31, 2024: USD 483.88 M

Franklin Electric Co., Inc. Inventory is USD 483.88 M for the year ending December 31, 2024, a -4.88% 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 year ending December 31, 2023 was USD 508.70 M, a -6.66% change year over year.
Franklin Electric Co., Inc. Inventory for the year ending December 31, 2022 was USD 544.98 M, a 21.11% change year over year.
Franklin Electric Co., Inc. Inventory for the year ending December 31, 2021 was USD 449.98 M, a 49.53% change year over year.
Franklin Electric Co., Inc. Inventory for the year ending December 31, 2020 was USD 300.93 M, a 0.23% change year over year.

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Key data

Date	Inventory	Current Assets	Property, Plant, Equipment (Net)	Total Assets

NasdaqGS: FELE

Franklin Electric Co., Inc.

CEO	Mr. Joseph A. Ruzynski
IPO Date	March 17, 1980
Location	United States
Headquarters	9255 Coverdale Road
Employees	6,300
Sector	🔌 Utilities
Industries General Utilities ⚡️ Electricity 🌊 Hydro Energy 💧 Water

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.