Franklin Electric (FELE) Tax Rate (2009 - 2026)
Franklin Electric's (FELE) quarterly Tax Rate came in at 24.21% in Q1 2026, down 83.0% year-on-year from 142.38% in Q1 2025, and up 29.69% quarter-over-quarter from 18.66% in Q4 2025.
Franklin Electric (FELE) Tax Rate (2009 - 2026) Analysis & Trends
Franklin Electric has disclosed Tax Rate across 18 years of filings, most recently posting 24.21% for Q1 2026.
- Tax Rate for Q1 2026 came in at 24.21%, down 83.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.44% (up 120.0% YoY), and the FY2025 annual result was 23.6%, up 195.0% from the prior year.
- Tax Rate came in at 24.21% for Q1 2026 at Franklin Electric, up from 18.66% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 26.89% in Q3 2025 to a low of 15.74% in Q4 2024.
- The 5-year median for Tax Rate is 21.43% (2023), against an average of 21.2%.
- Across the five-year window, Tax Rate surged 619 bps in 2022 and tumbled 287 bps in 2023, its largest moves.
- Franklin Electric's Tax Rate stood at 18.15% in 2022, then slipped by 3 bps to 17.67% in 2023, then dropped by 11 bps to 15.74% in 2024, then gained by 19 bps to 18.66% in 2025, then advanced by 30 bps to 24.21% in 2026.
- The last three Tax Rate figures came in at 24.21% (Q1 2026), 18.66% (Q4 2025), and 26.89% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 6.94% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 21.68% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 19.21% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 27.19% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 22.07% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 20.58% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 18.99% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 20.23% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 20.12% |
| 10 | Franklin Electric | 4.36 Bn | 4.28 Bn | 174.97 Mn | 24.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.21% |
| Mar 31, 2026 | 24.21% |
| Dec 31, 2025 | 18.66% |
| Dec 31, 2025 | 18.66% |
| Sep 30, 2025 | 26.89% |
| Sep 30, 2025 | 26.89% |
| Jun 30, 2025 | 24.88% |
| Jun 30, 2025 | 24.88% |
| Mar 31, 2025 | 25.04% |
| Mar 31, 2025 | 25.04% |
| Dec 31, 2024 | 15.74% |
| Dec 31, 2024 | 15.74% |
| Sep 30, 2024 | 23.63% |
| Sep 30, 2024 | 23.63% |
| Jun 30, 2024 | 22.87% |
| Jun 30, 2024 | 22.87% |
| Mar 31, 2024 | 21.79% |
| Mar 31, 2024 | 21.79% |
| Dec 31, 2023 | 17.67% |
| Dec 31, 2023 | 17.67% |