Franklin Electric (FELE) Interest Coverage Ratio (2009 - 2026)
Franklin Electric's (FELE) Interest Coverage Ratio came in at 26.56 for Q2 2026, down 15.5% from 31.42 a year earlier but up 27.7% from the prior quarter.
Franklin Electric (FELE) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Coverage Ratio at Franklin Electric was 23.44, down 29.1% year-over-year; for FY2025, it was 25.28, down 34.4% from FY2024.
- In prior years, Franklin Electric's Interest Coverage Ratio was 38.56 in FY2024 (+73.4%), 22.24 in FY2023 (-0.3%), 22.32 in FY2022 (-38.7%) and 36.41 in FY2021 (+29.1%).
- Quarterly Interest Coverage Ratio has run from a low of 13.93 in Q4 2022 to a high of 45.95 in Q3 2024 over five years.
- On a year-over-year basis, Interest Coverage Ratio has declined in each of the last seven quarters, with an average decline of 11.3% over the last eight quarters.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q4 2023, with growth of 144.7%; the weakest was Q4 2022, with a decline of 60.0%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 20.81 (Q1 2026), 20.31 (Q4 2025) and 24.32 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 14.52 |
| 10 | Franklin Electric | 4.24 Bn | 3.86 Bn | 230.61 Mn | 26.56 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.56 |
| Mar 31, 2026 | 20.81 |
| Dec 31, 2025 | 20.31 |
| Sep 30, 2025 | 24.32 |
| Jun 30, 2025 | 31.42 |
| Mar 31, 2025 | 24.50 |
| Dec 31, 2024 | 32.63 |
| Sep 30, 2024 | 45.95 |
| Jun 30, 2024 | 39.57 |
| Mar 31, 2024 | 33.10 |
| Dec 31, 2023 | 34.09 |
| Sep 30, 2023 | 26.17 |
| Jun 30, 2023 | 19.36 |
| Mar 31, 2023 | 16.72 |
| Dec 31, 2022 | 13.93 |
| Sep 30, 2022 | 26.11 |
| Jun 30, 2022 | 27.63 |
| Mar 31, 2022 | 26.73 |
| Dec 31, 2021 | 34.81 |
| Sep 30, 2021 | 40.90 |
Franklin Electric Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FELE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "FELE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FELE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();