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
DateValue
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%