Franklin Electric Co Inc (FELE)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 717,280 | 713,049 | 709,639 | 698,323 | 697,008 | 703,217 | 707,559 | 708,366 | 691,435 | 670,405 | 642,926 | 605,877 | 576,089 | 542,304 | 503,485 | 458,368 | 433,139 | 422,992 | 416,318 | 428,914 |
| Revenue (ttm) | US$ in thousands | 2,021,341 | 2,008,566 | 2,015,559 | 2,041,482 | 2,065,133 | 2,081,594 | 2,094,835 | 2,076,792 | 2,043,711 | 1,986,800 | 1,894,147 | 1,780,289 | 1,661,865 | 1,550,451 | 1,442,622 | 1,313,623 | 1,247,331 | 1,246,332 | 1,243,558 | 1,290,617 |
| Gross profit margin | 35.49% | 35.50% | 35.21% | 34.21% | 33.75% | 33.78% | 33.78% | 34.11% | 33.83% | 33.74% | 33.94% | 34.03% | 34.67% | 34.98% | 34.90% | 34.89% | 34.73% | 33.94% | 33.48% | 33.23% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $717,280K ÷ $2,021,341K
= 35.49%
The gross profit margin of Franklin Electric Co Inc has shown some fluctuation over the past few years. It started at 33.23% as of March 31, 2020, and gradually increased to 35.50% as of September 30, 2024. The company experienced a peak in the gross profit margin at 35.49% by December 31, 2024.
Overall, the trend in the gross profit margin indicates some variability, with fluctuations in both directions, but ultimately showing an upward trajectory in recent periods. However, it is important to note that the gross profit margin dipped slightly in the most recent quarter, dropping to 35.49% by December 31, 2024. This may warrant further analysis to understand the underlying factors influencing this change in performance.
Peer comparison
Dec 31, 2024