Franklin Electric Co Inc (FELE)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 193,272 | 194,255 | 195,081 | 194,845 | 187,285 | 188,420 | 175,968 | 155,745 | 153,860 | 139,993 | 132,193 | 117,752 | 100,515 | 93,515 | 89,050 | 97,095 | 95,508 | 99,908 | 96,001 | 93,756 |
| Revenue (ttm) | US$ in thousands | 2,041,219 | 2,056,177 | 2,068,471 | 2,054,878 | 2,024,939 | 1,973,102 | 1,885,052 | 1,771,958 | 1,654,390 | 1,542,467 | 1,435,189 | 1,306,706 | 1,241,381 | 1,242,820 | 1,241,335 | 1,287,613 | 1,310,047 | 1,306,547 | 1,295,924 | 1,283,749 |
| Net profit margin | 9.47% | 9.45% | 9.43% | 9.48% | 9.25% | 9.55% | 9.33% | 8.79% | 9.30% | 9.08% | 9.21% | 9.01% | 8.10% | 7.52% | 7.17% | 7.54% | 7.29% | 7.65% | 7.41% | 7.30% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $193,272K ÷ $2,041,219K
= 9.47%
The net profit margin of Franklin Electric Co., Inc. has been relatively stable over the past eight quarters, ranging from 8.75% to 9.66%. The company's ability to generate profits from its revenue has been consistent, as evidenced by the margins staying within a narrow range. The highest net profit margin was recorded in Q1 2023 at 9.66%, while the lowest was in Q1 2022 at 8.75%. Overall, the company has maintained a healthy level of profitability, with an average net profit margin of approximately 9.38% over the period analyzed.
Peer comparison
Dec 31, 2023
Company name
Symbol
Net profit margin
Franklin Electric Co Inc
FELE
9.47%
Generac Holdings Inc
GNRC
5.43%
Regal Beloit Corporation
RRX
-0.54%