Franklin Electric Co.
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Franklin Electric Co.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $2,065,132,999. The net income raised on $193,272,000 and profit margin reached 9%. Total operating expenses were $434,567,000.
Profit Margin
| 2015 | 1.04B | 69.80M | 6.66% |
|---|---|---|---|
| 2016 | 924.92M | 72.94M | 7.89% |
| 2016 | 949.85M | 78.74M | 8.29% |
| 2017 | 1.12B | 78.18M | 6.95% |
| 2018 | 1.29B | 105.87M | 8.16% |
| 2019 | 1.31B | 95.48M | 7.26% |
| 2020 | 1.24B | 100.46M | 8.05% |
| 2021 | 1.66B | 153.86M | 9.26% |
| 2022 | 2.04B | 187.33M | 9.17% |
| 2023 | 2.06B | 193.27M | 9.36% |
FELE Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.06B | 2.04B | 1.66B | 1.24B | 1.31B | 1.29B | 1.12B | 949.85M | 924.92M | 1.04B |
Cost of revenue | 1.36B | 1.35B | 1.08B | 814.19M | 886.47M | 865.76M | 747.92M | 618.45M | 627.31M | 703.36M |
Gross profit | 697.00M | 691.43M | 576.08M | 433.13M | 428.10M | 432.36M | 376.98M | 331.40M | 297.60M | 344.41M |
Operating exp. | ||||||||||
Research and development | 17.7M | 16.7M | 17.3M | 21.7M | 20.8M | 22.1M | 20.8M | 21.5M | 18.4M | 19.3M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 434.56M | 432.07M | 386.27M | 300.12M | 298.45M | 298.70M | 265.68M | 221.20M | 204.25M | 227.71M |
Operating income | 262.44M | 257.18M | 189.19M | 130.51M | 127.13M | 131.99M | 106.98M | 110.79M | 90.36M | 100.08M |
Other income (expenses), net | -20.21M | -21.96M | 513K | -6.81M | -10.29M | -3.41M | -2.64M | 2.64M | -4.04M | -10.38M |
Income before tax | 242.22M | 235.22M | 189.70M | 123.69M | 116.83M | 120.40M | 104.58M | 104.11M | 86.31M | 89.70M |
Income tax expense | 47.48M | 46.41M | 34.73M | 22.54M | 20.83M | 14.89M | 25.99M | 24.79M | 12.62M | 18.85M |
Net income | 193.27M | 187.33M | 153.86M | 100.46M | 95.48M | 105.87M | 78.18M | 78.74M | 72.94M | 69.80M |
Earnings per share | ||||||||||
Basic EPS | 4.17 | 4.03 | 3.3 | 2.16 | 2.04 | 2.27 | 1.67 | 1.67 | 1.52 | 1.43 |
Diluted EPS | 4.11 | 3.97 | 3.25 | 2.14 | 2.03 | 2.25 | 1.65 | 1.65 | 1.5 | 1.41 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |