Franklin Electric (FELE) Tax Rate (2009 - 2026)
Franklin Electric's (FELE) quarterly Tax Rate came in at 25.66% in Q2 2026, up 78.0% year-over-year from 14.42% in Q2 2025, and up 6.03% quarter-over-quarter from 24.21% in Q1 2026.
Analysis
Franklin Electric (FELE) Tax Rate (2009 - 2026) Analysis & Trends
Franklin Electric has disclosed Tax Rate across 18 years of filings, most recently posting 25.66% for Q2 2026.
- In Q2 2026, Tax Rate rose 78.0% year-over-year to 25.66%; the TTM figure through Jun 2026 stood at 23.86% (up 90.0% YoY), while the FY2025 annual figure was 23.63%, up 196.0% from the prior year.
- Tax Rate came in at 25.66% for Q2 2026 at Franklin Electric, up from 24.21% 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 15.82% in Q4 2024.
- Average Tax Rate over 5 years is 21.45%, with a median of 21.61% recorded in 2023.
- Year-over-year, Tax Rate soared 619 bps in 2022 and slumped 287 bps in 2023.
- Over 5 years, Tax Rate stood at 18.17% in 2022, then dropped by 3 bps to 17.67% in 2023, then fell by 11 bps to 15.82% in 2024, then gained by 19 bps to 18.76% in 2025, then surged by 37 bps to 25.66% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 25.66% in Q2 2026, 24.21% in Q1 2026, and 18.76% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Parker-Hannifin | 117.96 Bn | 117.45 Bn | 2.25 Bn | 18.51% |
| 2 | Emerson Electric | 82.85 Bn | 80.67 Bn | 2.66 Bn | 21.62% |
| 3 | Ingersoll Rand | 28.47 Bn | 27.30 Bn | 862.60 Mn | 21.13% |
| 4 | Itt | 17.56 Bn | 16.97 Bn | 510.10 Mn | 36.02% |
| 5 | Idex | 16.38 Bn | 15.76 Bn | 426.80 Mn | 22.94% |
| 6 | Graco | 12.43 Bn | 11.93 Bn | 316.94 Mn | 20.13% |
| 7 | Watts Water Technologies | 11.74 Bn | 11.40 Bn | 374.10 Mn | 23.03% |
| 8 | Flowserve | 9.30 Bn | 8.57 Bn | 384.73 Mn | 14.41% |
| 9 | Pentair | 9.12 Bn | 9.03 Bn | 395.00 Mn | 12.46% |
| 10 | Franklin Electric | 4.30 Bn | 4.20 Bn | 230.61 Mn | 25.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.66% |
| Mar 31, 2026 | 24.21% |
| Dec 31, 2025 | 18.76% |
| Sep 30, 2025 | 26.89% |
| Jun 30, 2025 | 24.88% |
| Mar 31, 2025 | 25.04% |
| Dec 31, 2024 | 15.82% |
| Sep 30, 2024 | 23.63% |
| Jun 30, 2024 | 22.87% |
| Mar 31, 2024 | 21.79% |
| Dec 31, 2023 | 17.67% |
| Sep 30, 2023 | 20.22% |
| Jun 30, 2023 | 19.07% |
| Mar 31, 2023 | 21.43% |
| Dec 31, 2022 | 18.17% |
| Sep 30, 2022 | 18.49% |
| Jun 30, 2022 | 21.94% |
| Mar 31, 2022 | 19.65% |
| Dec 31, 2021 | 20.68% |
| Sep 30, 2021 | 18.31% |