Franklin Electric Co Inc (FELE)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 231,847 | 238,264 | 239,301 | 236,713 | 242,223 | 243,900 | 243,338 | 245,567 | 235,227 | 238,081 | 222,592 | 194,646 | 189,706 | 170,224 | 160,012 | 142,894 | 123,697 | 114,611 | 110,474 | 119,575 |
| 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 |
| Pretax margin | 11.47% | 11.86% | 11.87% | 11.60% | 11.73% | 11.72% | 11.62% | 11.82% | 11.51% | 11.98% | 11.75% | 10.93% | 11.42% | 10.98% | 11.09% | 10.88% | 9.92% | 9.20% | 8.88% | 9.26% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $231,847K ÷ $2,021,341K
= 11.47%
The pretax margin of Franklin Electric Co Inc has shown a generally upward trend from March 31, 2020, to December 31, 2024, indicating the company's ability to improve its profitability before accounting for taxes. The margin started at 9.26% in March 2020 and fluctuated within a range before reaching its peak at 11.87% in June 30, 2024. There was a slight dip in the margin in December 31, 2024, to 11.47%, but overall, the trend has been positive over the years. This suggests that Franklin Electric Co Inc has been effectively managing its operating expenses and generating higher earnings relative to its revenue, which is a positive indicator of the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2024