Franklin Electric Co Inc (FELE)

Operating 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
Operating income (ttm) US$ in thousands 243,645 251,795 256,373 258,127 262,797 267,835 269,775 269,854 257,189 248,174 224,724 195,343 189,193 176,359 168,149 150,481 130,511 124,740 119,075 128,833
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
Operating profit margin 12.05% 12.54% 12.72% 12.64% 12.73% 12.87% 12.88% 12.99% 12.58% 12.49% 11.86% 10.97% 11.38% 11.37% 11.66% 11.46% 10.46% 10.01% 9.58% 9.98%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $243,645K ÷ $2,021,341K
= 12.05%

The operating profit margin of Franklin Electric Co Inc has shown a generally positive trend over the analyzed period from March 31, 2020, to December 31, 2024. Starting at 9.98% in March 2020, the margin experienced fluctuations before reaching its peak of 12.99% in March 2023. Afterward, there was a slight decrease in the margin, stabilizing around the range of 12.64% to 12.05% from March 2024 to December 2024.

The increasing trend in the operating profit margin indicates that Franklin Electric Co Inc has been effectively managing its operating expenses in relation to its revenue generation during the period. This improvement suggests operational efficiency and effective cost control measures within the company. However, the slight decline towards the end of the analyzed period may require further examination to ensure sustained profitability in the future.


Peer comparison

Dec 31, 2024

Company name
Symbol
Operating profit margin
Franklin Electric Co Inc
FELE
12.05%
Generac Holdings Inc
GNRC
12.51%
Regal Beloit Corporation
RRX
10.43%