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Dec 31, 2021
Franklin Electric Q4 2021 Earnings Report
Reported record Q4 sales and earnings, driven by strong demand across all business segments.
Key Takeaways
Franklin Electric reported record fourth-quarter sales of $432.5 million, a 35% increase compared to the fourth quarter of 2020. Operating income was a record at $47.2 million, a 37% increase. GAAP fully diluted earnings per share (EPS) was $0.85, a new record for any fourth quarter.
Record sales of $432.5 million, a 35% increase year-over-year.
Strong organic sales growth in all three segments: Distribution 39%, Water Systems 23%, and Fueling Systems 21%.
Operating income was a record at $47.2 million, a 37% increase year-over-year.
GAAP fully diluted earnings per share (EPS) was $0.85, a new record for any fourth quarter.
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
The Company expects its full year 2022 sales to be in the range of $1.90 billion to $2.05 billion and full year 2022 earnings per share before restructuring expenses to be in the range from $3.50 to $3.75.
Revenue & Expenses
Visualization of income flow from segment revenue to net income