Franklin Electric Co Inc (FELE)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 180,309 | 185,203 | 188,405 | 188,906 | 193,272 | 194,302 | 194,928 | 194,692 | 187,032 | 188,120 | 175,568 | 155,345 | 153,560 | 139,687 | 132,187 | 117,497 | 100,260 | 93,241 | 88,576 | 96,670 |
| 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 |
| Net profit margin | 8.92% | 9.22% | 9.35% | 9.25% | 9.36% | 9.33% | 9.31% | 9.37% | 9.15% | 9.47% | 9.27% | 8.73% | 9.24% | 9.01% | 9.16% | 8.94% | 8.04% | 7.48% | 7.12% | 7.49% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $180,309K ÷ $2,021,341K
= 8.92%
Net profit margin is a key financial ratio that indicates the profitability of a company by measuring the percentage of net income generated from its total revenue. The trend in Franklin Electric Co Inc's net profit margin over the past years shows a fluctuating pattern.
From March 31, 2020, to June 30, 2021, the net profit margin steadily increased from 7.49% to 9.16%, indicating improving profitability. However, there was a slight dip in the margin in the following period ending September 30, 2021, at 9.01%. The trend continued to fluctuate modestly over the subsequent quarters, reaching a peak of 9.47% on September 30, 2022, and a low of 8.92% on December 31, 2024.
Overall, the net profit margin of Franklin Electric Co Inc has shown a generally positive trend with some variations. It is essential for the company to consistently monitor and manage its expenses and revenue generation to maintain and improve its profitability over time.
Peer comparison
Dec 31, 2024