Franklin Electric (FELE) Gross Margin (2009 - 2026)
Franklin Electric's (FELE) quarterly Gross Margin came in at 34.96% in Q1 2026, down 104.0% year-on-year from 874.08% in Q1 2025, and up 3.35% quarter-over-quarter from 33.83% in Q4 2025.
Franklin Electric (FELE) Gross Margin (2009 - 2026) Analysis & Trends
Franklin Electric has disclosed Gross Margin across 18 years of filings, most recently posting 34.96% for Q1 2026.
- Gross Margin for Q1 2026 came in at 34.96%, down 104.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 35.24% (down 36.0% YoY), and the FY2025 annual result was 35.47%, down 2.0% from the prior year.
- Gross Margin came in at 34.96% for Q1 2026 at Franklin Electric, up from 33.83% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 36.77% in Q2 2024 to a low of 32.19% in Q1 2022.
- The 5-year median for Gross Margin is 34.55% (2022), against an average of 34.62%.
- Across the five-year window, Gross Margin sank 250 bps in 2022 and surged 366 bps in 2024, its largest moves.
- Franklin Electric's Gross Margin stood at 33.96% in 2022, then retreated by 0 bps to 33.83% in 2023, then dropped by 0 bps to 33.81% in 2024, then grew by 0 bps to 33.83% in 2025, then increased by 3 bps to 34.96% in 2026.
- The last three Gross Margin figures came in at 34.96% (Q1 2026), 33.83% (Q4 2025), and 35.88% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 19.07% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 35.59% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 36.77% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 26.71% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 53.09% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 43.82% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 37.21% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 50.25% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 38.86% |
| 10 | Franklin Electric | 4.36 Bn | 4.28 Bn | 174.97 Mn | 34.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.96% |
| Dec 31, 2025 | 33.83% |
| Sep 30, 2025 | 35.88% |
| Jun 30, 2025 | 36.06% |
| Mar 31, 2025 | 36.00% |
| Dec 31, 2024 | 33.81% |
| Sep 30, 2024 | 35.69% |
| Jun 30, 2024 | 36.77% |
| Mar 31, 2024 | 35.49% |
| Dec 31, 2023 | 33.83% |
| Sep 30, 2023 | 34.59% |
| Jun 30, 2023 | 33.11% |
| Mar 31, 2023 | 33.49% |
| Dec 31, 2022 | 33.96% |
| Sep 30, 2022 | 34.55% |
| Jun 30, 2022 | 34.34% |
| Mar 31, 2022 | 32.19% |
| Dec 31, 2021 | 33.57% |
| Sep 30, 2021 | 35.54% |
| Jun 30, 2021 | 34.81% |