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Franklin Electric Q1 2025 Earnings Report
Franklin Electric reported a decrease in consolidated net sales and operating income, with a slight dip in EPS for the first quarter of 2025.
Key Takeaways
Franklin Electric's first quarter 2025 results showed a slight decrease in consolidated net sales to $455.2 million and operating income to $44.1 million, with diluted EPS at $0.67. Energy Systems saw an 8% increase in sales, offsetting declines in Distribution, while Water Systems remained relatively flat.
Consolidated net sales decreased by 1% to $455.2 million compared to the prior year.
Energy Systems net sales increased by 8%, while Water Systems net sales were up less than 1%, and Distribution net sales declined by 3%.
Operating income was $44.1 million, resulting in an operating margin of 9.7%.
GAAP fully diluted earnings per share (EPS) was $0.67.
Franklin Electric
Franklin Electric
Franklin Electric Revenue by Segment
Franklin Electric Revenue by Geographic Location
Revenue by Segment
Water Systems Revenue
CapyFin.comDistribution Revenue
CapyFin.comEnergy Systems Revenue
CapyFin.comRevenue by Geographic Location
United States & Canada Revenue
CapyFin.comLatin America Revenue
CapyFin.comEurope, Middle East & Africa Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com Forward Guidance
Franklin Electric is maintaining its full-year 2025 sales guidance in the range of $2.09 billion to $2.15 billion, but has reduced the low end of its earnings guidance, now expecting full-year 2025 EPS to be in the range of $3.95 to $4.25.
Positive Outlook
- Order trends remain positive, supporting a robust backlog for the second quarter.
- Strong performance in the Energy Systems segment helped offset unfavorable weather impacts on the Distribution business.
- Continued investment in growth through two acquisitions, aligning with the value creation framework.
- Confidence in competitive position with strong brands, leading service, and a healthy operating footprint.
- Commitment to executing strategic priorities.
Challenges Ahead
- Unfavorable weather impacting the Distribution business.
- One-time expenses associated with executive transition presented earnings headwinds.
- Recent acquisitions presented earnings headwinds.
- Uncertainty in the macroeconomic environment.
- Potential tariffs pose a risk to financial results.
Revenue & Expenses
Visualization of income flow from segment revenue to net income