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FRANKLIN ELECTRIC INC (FELE)

Industrials · Water and fuel pumping systems / submersible motor manufacturing · NASDAQ

Franklin Electric designs, manufactures, and distributes submersible water and fuel pumping systems for residential, agricultural, industrial, and energy infrastructure markets globally.

What FRANKLIN ELECTRIC INC does

Franklin Electric designs, manufactures, and distributes water and fuel pumping systems, including submersible motors, pumps, electronic controls, water treatment systems, and related equipment. The company operates three reportable segments: Water Systems (serving groundwater, water transfer, and wastewater applications), Energy Systems (formerly Fueling Systems, supplying submersible fueling systems for gas stations), and Distribution (selling products to water well contractors). With 2025 revenue of approximately $2.1 billion, the company serves residential, agricultural, municipal, industrial, and petroleum markets globally through its employee sales force and independent manufacturing representatives.

Themes: ["water pumping systems / infrastructure","submersible motor technology","energy systems / fueling infrastructure","water treatment","IoT / remote monitoring","developing markets expansion"]

Fundamentals

Dividend: yield +1.1%; 5-year non-decreasing per-share dividend streak (SEC XBRL).

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Key risks (from latest filing)

["Highly competitive markets across water and energy segments with established global competitors including Grundfos, Pentair, and Xylem","Exposure to commodity price changes and seasonal demand variations in agricultural sales","Acquisition integration risks and reliance on organic growth in developing markets which represent 25-30% of Water Systems revenue"]

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Competitors & peers

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Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.