Franklin Electric (FELE) Tax Rate (2009 - 2026)

Franklin Electric (FELE) reported Tax Rate of 24.21% for Q1 2026, down 83.0% on a YoY basis from 142.38% in Q1 2025, and up 29.69% sequentially from 18.66% in Q4 2025.

Franklin Electric (FELE) Tax Rate (2009 - 2026) Analysis & Trends

Franklin Electric (FELE) has 18 years of Tax Rate data on file, last reported at 24.21% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 83.0% year-over-year to 24.21%; the trailing twelve-month figure through Mar 2026 stood at 23.44% (up 120.0% YoY), and the FY2025 full-year result was 23.6%, up 195.0% from the prior year.
  • Tax Rate climbed to 24.21% in Q1 2026, 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 15.72% in Q4 2024.
  • A 5-year average of 21.2% and a median of 21.43% in 2023 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate surged 619 bps in 2022 and sank 287 bps in 2023, its largest moves.
  • Tracing FELE's Tax Rate over 5 years: stood at 18.18% in 2022, then decreased by 3 bps to 17.66% in 2023, then fell by 11 bps to 15.72% in 2024, then advanced by 19 bps to 18.66% in 2025, then gained by 30 bps to 24.21% in 2026.
  • Business Quant data shows FELE's Tax Rate at 24.21% in Q1 2026, 18.66% in Q4 2025, and 26.89% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 29.84
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 21.68
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 19.21
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 27.19
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 22.07
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 20.58
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 18.99
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 20.23
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 15.70
10 Franklin Electric 4.68 Bn 4.60 Bn 174.97 Mn 24.21

Historic Data

Download Data
DateValue
Mar 31, 2026 24.21
Mar 31, 2026 24.21
Mar 31, 2026 24.21
Dec 31, 2025 18.66
Dec 31, 2025 18.66
Dec 31, 2025 18.66
Sep 30, 2025 26.89
Sep 30, 2025 26.89
Sep 30, 2025 26.89
Jun 30, 2025 24.88
Jun 30, 2025 24.88
Jun 30, 2025 24.88
Mar 31, 2025 25.04
Mar 31, 2025 25.04
Mar 31, 2025 25.04
Dec 31, 2024 15.72
Dec 31, 2024 15.72
Dec 31, 2024 15.72
Sep 30, 2024 23.63
Sep 30, 2024 23.63