Latest Ratios: P/E Ratio 21.2x · EV/EBITDA 12.1x · ROE 11.3%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.2B | $4.3B | $4.5B | $4.5B | $3.7B | $4.4B | $3.2B | $2.7B | $2.0B | $2.2B | $1.8B |
| Enterprise Value | $4.3B | $4.5B | $4.5B | $4.6B | $4.0B | $4.6B | $3.2B | $2.8B | $2.2B | $2.3B | $1.9B |
| P/E Ratio → | 21.16 | 29.67 | 25.25 | 23.52 | 20.09 | 29.10 | 32.34 | 28.24 | 19.06 | 27.82 | 23.58 |
| P/S Ratio | 1.84 | 2.04 | 2.24 | 2.19 | 1.83 | 2.67 | 2.59 | 2.04 | 1.55 | 1.92 | 1.93 |
| P/B Ratio | 3.23 | 3.28 | 3.57 | 3.75 | 3.50 | 4.69 | 3.80 | 3.36 | 2.74 | 3.07 | 2.98 |
| P/FCF | 21.50 | 22.46 | 20.63 | 16.53 | 62.71 | 44.60 | 17.10 | 17.22 | 19.04 | 64.84 | 24.06 |
| P/OCF | 17.42 | 18.20 | 17.34 | 14.36 | 36.87 | 34.25 | 15.26 | 15.10 | 15.71 | 32.32 | 15.90 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.10 | 2.23 | 2.23 | 1.94 | 2.79 | 2.59 | 2.10 | 1.67 | 2.06 | 2.02 |
| EV / EBITDA | 12.12 | 13.38 | 15.02 | 14.63 | 12.90 | 19.85 | 19.33 | 16.82 | 12.69 | 15.89 | 13.01 |
| EV / EBIT | 15.79 | 21.83 | 18.90 | 18.13 | 16.08 | 23.81 | 25.15 | 22.07 | 16.62 | 20.16 | 17.02 |
| EV / FCF | — | 23.15 | 20.50 | 16.79 | 66.38 | 46.57 | 17.08 | 17.72 | 20.42 | 69.62 | 25.19 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.5% | 35.5% | 35.5% | 33.8% | 33.8% | 34.7% | 34.7% | 32.6% | 33.3% | 33.5% | 34.9% |
| Operating Margin | 12.8% | 12.8% | 12.1% | 12.7% | 12.6% | 11.4% | 10.5% | 9.7% | 10.2% | 9.5% | 11.8% |
| Net Profit Margin | 6.9% | 6.9% | 8.9% | 9.4% | 9.2% | 9.3% | 8.1% | 7.3% | 8.2% | 6.9% | 8.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.3% | 11.3% | 14.5% | 16.9% | 18.6% | 17.1% | 12.2% | 12.4% | 14.7% | 11.9% | 13.4% |
| ROA | 7.8% | 7.8% | 10.2% | 11.3% | 11.5% | 10.8% | 8.1% | 8.0% | 8.9% | 7.0% | 7.7% |
| ROIC | 15.1% | 15.1% | 14.5% | 15.3% | 15.8% | 14.3% | 11.4% | 10.8% | 11.3% | 10.3% | 12.0% |
| ROCE | 18.2% | 18.2% | 17.2% | 19.2% | 20.8% | 16.8% | 12.6% | 13.1% | 14.1% | 11.8% | 12.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.18 | 0.18 | 0.15 | 0.13 | 0.25 | 0.25 | 0.15 | 0.18 | 0.28 | 0.32 | 0.31 |
| Debt / EBITDA | 0.70 | 0.70 | 0.64 | 0.50 | 0.86 | 1.01 | 0.76 | 0.87 | 1.21 | 1.55 | 1.29 |
| Net Debt / Equity | — | 0.10 | -0.02 | 0.06 | 0.20 | 0.21 | -0.01 | 0.10 | — | — | — |
| Net Debt / EBITDA | 0.40 | 0.40 | -0.10 | 0.23 | 0.71 | 0.84 | -0.03 | 0.48 | 0.86 | 1.09 | 0.58 |
| Debt / FCF | — | 0.69 | -0.13 | 0.26 | 3.66 | 1.97 | -0.02 | 0.50 | 1.39 | 4.77 | 1.13 |
| Interest Coverage | 19.29 | 19.29 | 37.69 | 21.54 | 21.41 | 37.51 | 27.73 | 15.17 | 13.24 | 11.13 | 12.92 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.79 | 2.79 | 2.22 | 2.97 | 2.11 | 1.83 | 3.04 | 3.05 | 2.27 | 2.40 | 3.07 |
| Quick Ratio | 1.18 | 1.18 | 1.11 | 1.20 | 0.77 | 0.69 | 1.56 | 1.44 | 1.04 | 1.13 | 1.78 |
| Cash Ratio | 0.29 | 0.29 | 0.51 | 0.30 | 0.11 | 0.10 | 0.64 | 0.35 | 0.23 | 0.27 | 0.66 |
| Asset Turnover | — | 1.10 | 1.11 | 1.20 | 1.21 | 1.06 | 0.98 | 1.10 | 1.10 | 0.95 | 0.91 |
| Inventory Turnover | 2.49 | 2.49 | 2.70 | 2.69 | 2.48 | 2.41 | 2.71 | 2.95 | 2.76 | 2.39 | 3.04 |
| Days Sales Outstanding | — | 42.39 | 40.96 | 39.31 | 41.15 | 43.09 | 46.77 | 48.13 | 48.61 | 55.49 | 56.10 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.2% | 1.2% | 1.0% | 0.9% | 1.0% | 0.8% | 0.9% | 1.0% | 1.1% | 0.9% | 1.0% |
| Payout Ratio | 34.0% | 34.0% | 26.0% | 21.6% | 19.7% | 21.7% | 29.5% | 29.0% | 21.4% | 26.0% | 24.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.7% | 3.4% | 4.0% | 4.3% | 5.0% | 3.4% | 3.1% | 3.5% | 5.2% | 3.6% | 4.2% |
| FCF Yield | 4.7% | 4.5% | 4.8% | 6.1% | 1.6% | 2.2% | 5.8% | 5.8% | 5.3% | 1.5% | 4.2% |
| Buyback Yield | 4.0% | 3.8% | 1.3% | 1.0% | 1.1% | 0.6% | 0.6% | 0.4% | 1.7% | 0.2% | 0.4% |
| Total Shareholder Yield | 5.1% | 5.0% | 2.4% | 1.9% | 2.1% | 1.3% | 1.5% | 1.4% | 2.8% | 1.1% | 1.4% |
| Shares Outstanding | — | $46M | $47M | $47M | $47M | $47M | $47M | $47M | $47M | $47M | $47M |
Includes 30+ ratios · 30 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying FELE stock.
Franklin Electric Co., Inc.'s current P/E ratio is 21.2x. The historical average is 22.0x. This places it at the 53th percentile of its historical range.
Franklin Electric Co., Inc.'s current EV/EBITDA is 12.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.0x.
Franklin Electric Co., Inc.'s return on equity (ROE) is 11.3%. The historical average is 16.6%.
Based on historical data, Franklin Electric Co., Inc. is trading at a P/E of 21.2x. This is at the 53th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Franklin Electric Co., Inc.'s current dividend yield is 1.17% with a payout ratio of 34.0%.
Franklin Electric Co., Inc. has 35.5% gross margin and 12.8% operating margin. Operating margin between 10-20% is typical for established companies.
Franklin Electric Co., Inc.'s Debt/EBITDA ratio is 0.7x, indicating low leverage. A ratio below 2x is generally considered financially healthy.
Key Metrics
Top Statement Risk
Acquisition-dependent growth and margin durability
Metrics are mathematically derived from official filings.
Premium Trailing Multiple Eases Forward
Based on FELE's reported figures, the trailing P/E of 29.25 compresses to 20.53 on forward estimates, implying consensus expects earnings to rise sharply and relieve much of the apparent premium over its own history and peers.
The gap between trailing and forward P/E suggests the market is pricing in a substantial near-term earnings step-up, which the recent Q2 2026 beat and raised guidance appear to support. A PEG of 3.43 however indicates the implied growth rate does not comfortably justify the multiple on a sustained basis. Investors should monitor whether the forward earnings path holds once acquisition-related contributions normalize.
Margin Stability Masks Earnings Volatility
Gross margin held between 33.8% and 37.0% across ten quarters while net margin swung from 2.9% to 10.9%, suggesting reported earnings are being shaped by discrete items rather than core operating economics.
Stable gross margins alongside a wide net margin range point to below-the-line or timing effects dominating bottom-line results. The operating margin expansion from 8.9% to 15.0% indicates genuine operating leverage in recent periods, but the consistency of that improvement is not yet established. Earning power is better read through operating margin than net margin until the source of the net swings is clarified.
ROIC Compressing Under Acquisition Capital
ROIC has oscillated between 2.5% and 4.6% over ten quarters, well below the 10.5% reached by Nordson, suggesting the capital deployed into acquisitions has not yet generated returns commensurate with the invested base.
Returns on capital appear to be lagging because the balance sheet expansion through goodwill has grown the denominator faster than operating profit has grown the numerator. The ROE of 4.2% in the latest quarter, though not directly comparable across leverage levels, reinforces the view that incremental capital is earning below the cost of equity. Management will need to demonstrate that acquired distribution assets lift returns over the coming quarters.
Debt Rising but Coverage Comfortable
Debt-to-equity rose from 0.12 to 0.44 over two years while interest coverage of 18.24 times in the latest quarter remains strong, suggesting debt service capacity is intact despite rapid balance sheet growth.
The increase in leverage is clearly tied to acquisition funding, and the coverage ratio fluctuating between 1.7 and 47.2 times signals that quarterly earnings volatility drives much of the apparent comfort. Debt-to-EBITDA of 6.00 in the latest quarter is elevated relative to the 2.5 to 4.2 range of earlier periods and warrants monitoring. Refinancing and covenant terms are not visible in the supplied data, so the assessment is limited to reported ratios.
EBITDA Multiple Flatters Acquisition-Heavy Profile
EV/EBITDA of 12.83 appears attractive against Nordson's 22.08, but this comparison may overstate value because a rising share of FELE's earnings base reflects recently acquired lower-margin distribution revenue.
Applying EV/EBITDA without adjusting for the distribution mix and the goodwill-heavy balance sheet risks treating acquired earnings as equivalent to organic manufacturing earnings. Free cash flow yield, which ties to a P/FCF of 21.50, may be a more useful cross-check because it captures acquisition outflows that EBITDA ignores. Analysts should adjust for acquisition spending when comparing against pure-play water and fueling peers.