Loading...
•
Dec 31, 2024
Franklin Electric Q4 2024 Earnings Report
Franklin Electric reported increased sales and a decline in operating income in Q4 2024.
Key Takeaways
Franklin Electric reported Q4 2024 net sales of $485.7 million, a 3% increase year-over-year. However, operating income declined to $43.0 million from $50.8 million in Q4 2023. GAAP EPS was $0.72, down from $0.82 in the prior year. The Energy Systems segment showed the highest growth, while Water Systems remained flat.
Q4 2024 net sales increased by 3% to $485.7 million.
Operating income declined to $43.0 million from $50.8 million in Q4 2023.
EPS was $0.72, down from $0.82 in the prior year.
Energy Systems segment posted a record operating income of $24.7 million.
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 expects full-year 2025 revenue between $2.09 billion and $2.15 billion, with EPS ranging from $4.05 to $4.25.
Positive Outlook
- Anticipated revenue growth driven by recent acquisitions.
- Focus on margin expansion through productivity initiatives.
- Healthy balance sheet provides flexibility for strategic investments.
- Order trends improving as backlog normalizes.
- Continued growth expected in Energy Systems segment.
Challenges Ahead
- Macroeconomic pressures remain a headwind.
- Potential cost increases from supply chain disruptions.
- Lower profitability in Water Systems due to weaker dewatering pump sales.
- Distribution segment faces margin pressure despite revenue growth.
- Fluctuating foreign currency impact on international operations.
Revenue & Expenses
Visualization of income flow from segment revenue to net income