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| Date | Value |
|---|---|
| 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 |