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.
Revenue by Segment
Revenue by Geographic Location
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...