Franklin Electric (FELE) Tax Rate (2009 - 2026)
Franklin Electric (FELE) posted Tax Rate of 25.66% for Q2 2026, up 6.03% sequentially from 24.21% in Q1 2026, and up 78.0% YoY from 14.42% in Q2 2025.
Franklin Electric (FELE) Tax Rate (2009 - 2026) Analysis & Trends
Franklin Electric has reported Tax Rate for 18 years, with the latest figure at 25.66% in Q2 2026.
- Quarterly Tax Rate rose 78.0% year-over-year to 25.66% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 23.86% (up 90.0% YoY) and the FY2025 annual result came in at 23.63%, up 196.0% from the prior year.
- Tax Rate rose to 25.66% in Q2 2026 per FELE's latest filing, from 24.21% in the prior quarter.
- Over five years, Tax Rate peaked at 26.89% in Q3 2025 and troughed at 15.82% in Q4 2024.
- A 5-year average of 21.45% and a median of 21.61% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 619 bps in 2022, then tumbled 287 bps in 2023.
- Over 5 years, Tax Rate stood at 18.17% in 2022, then fell by 3 bps to 17.67% in 2023, then decreased by 11 bps to 15.82% in 2024, then climbed by 19 bps to 18.76% in 2025, then jumped by 37 bps to 25.66% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 25.66%, 24.21%, and 18.76% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 29.84% |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 28.06% |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 19.21% |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 21.62% |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 25.14% |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 24.54% |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 17.36% |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 13.19% |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 21.13% |
| 10 | Franklin Electric | 4.59 Bn | 4.49 Bn | 230.61 Mn | 25.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.66% |
| Jun 30, 2026 | 25.66% |
| Jun 30, 2026 | 25.66% |
| Mar 31, 2026 | 24.21% |
| Mar 31, 2026 | 24.21% |
| Mar 31, 2026 | 24.21% |
| Dec 31, 2025 | 18.76% |
| Dec 31, 2025 | 18.76% |
| Dec 31, 2025 | 18.76% |
| 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 | 15.82% |
| Dec 31, 2024 | 15.82% |