Financial Performance - Net sales for 2025 were $2.1 billion, representing a 5% increase compared to 2024, driven by acquisitions, price realization, and higher volumes[85] - Gross profit for 2025 was $755.9 million, maintaining a gross profit margin of 35.5% consistent with 2024[94] - Diluted earnings per share for 2025 was $3.22, a decrease of $0.64 from the prior year, impacted by a pension settlement charge of $41.5 million net of tax[85] - Operating income increased by 10% to $268.9 million in 2025, with significant contributions from the Distribution segment, which saw a $15.5 million increase[98] - The Company reported a net income of $148.7 million for 2025, compared to $181.6 million in 2024, reflecting the impact of the pension settlement[110] Cash Flow and Investments - Cash flows from operating activities were $238.9 million in 2025, down from $261.4 million in 2024, primarily due to changes in working capital[117] - Cash used in investing activities was $157.1 million in 2025, significantly higher than $45.6 million in 2024, mainly due to increased acquisition activity[118] - Net cash used by financing activities increased to $197.3 million in 2025 from $74.1 million in 2024, primarily due to increased stock repurchases[119] Expenses and Obligations - SG&A expenses increased to $486.2 million in 2025, with a ratio of 22.8% of net sales, down from 23.3% in 2024[96] - The Company has total contractual obligations of $302.7 million, with $167.1 million related to debt obligations due in 2026[120] - Estimated future pension and post-retirement benefit payments are approximately $6.2 million in 2026, excluding a non-current liability of $17.0 million for pension plans[121] Market Risks and Currency - The Company experienced a foreign currency transaction expense of $9.3 million in 2025, primarily due to losses associated with the Argentine Peso and Turkish Lira[108] - The Company actively monitors market risks associated with foreign currency exchange rates, interest rates, and commodity prices[138] - A hypothetical strengthening of the US Dollar by about 2% would have reduced 2025 sales by less than 1%[139] - A 10% adverse movement in prices for raw metal commodities would result in less than a 1% decrease in gross margin as a percentage of net sales[141] Pension and Tax Liabilities - Unrecognized tax benefits amount to approximately $3.0 million, with an additional liability for potential penalties and interest of $1.1 million[122] - The weighted-average discount rate for domestic pension plans decreased from 5.48% to 4.07% year-over-year, impacting liabilities[135] - A hypothetical 100 basis points increase in interest rates would have increased interest expense by $1.2 million during 2025, with $30.0 million in borrowings under the Credit Agreement[140] Acquisitions and Goodwill - The Company acquired Barnes de Colombia S.A. and PumpEng Pty Ltd in Q1 2025, contributing $48.9 million in incremental net sales[83] - The Company completed its annual impairment tests of goodwill and indefinite-lived trade names, determining that fair values were substantially in excess of carrying values[131]

Chief Financial Officer Jennifer Wolfenbarger reported full-year 2025 fully diluted EPS of $3.22, down from $3.86 in 2024. She said the result was negatively impacted by a $41.5 million pension settlement charge net of tax benefit, or $0.91 per share, and $0.01 of restructuring charges. On an adjusted basis, diluted EPS was $4.14 in 2025 versus $3.92 in 2024, an increase of 6%.Beyond the reported figures, management emphasized initiatives aimed at accelerating growth and improving margins. Ruzynski said the ...

分组1 - Franklin Electric reported quarterly earnings of $0.87 per share, missing the Zacks Consensus Estimate of $0.89 per share, but showing an increase from $0.72 per share a year ago, resulting in an earnings surprise of -2.61% [1] - The company posted revenues of $506.86 million for the quarter ended December 2025, which was below the Zacks Consensus Estimate by 1.49%, and an increase from $485.74 million year-over-year [2] - Over the last four quarters, Franklin Electric has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] 分组2 - The stock has increased approximately 14% since the beginning of the year, while the S&P 500 has declined by 0.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.86 on revenues of $486.5 million, and for the current fiscal year, it is $4.71 on revenues of $2.23 billion [7] - The Manufacturing - Electronics industry, to which Franklin Electric belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Franklin Electric (NasdaqGS:FELE) Q4 2025 Earnings call February 17, 2026 09:00 AM ET Company ParticipantsDean Cantrell - Director of Investor RelationsJennifer Wolfenbarger - CFOJoe Ruzynski - CEOConference Call ParticipantsBryan Blair - Managing Director and Research AnalystMatt Summerville - Managing Director and Senior Research AnalystMike Halloran - Senior Research AnalystRyan Connors - Managing Director and Research AnalystWalter Liptak - Industrial AnalystOperatorHello, and welcome to the Franklin El ...

Financial Data and Key Metrics Changes - Full year 2025 sales increased by 5.4% to $2.1 billion, with segment operating income up 10% to $269 million [5][17][18] - Fourth quarter 2025 sales were $506.9 million, a year-over-year increase of 4.4%, with operating income rising 20% to $51.6 million [12][13][15][16] - Adjusted diluted earnings per share for 2025 was $4.14, a 6% increase from $3.92 in 2024, while GAAP diluted EPS was $3.22, down from $3.86 due to a pension settlement charge [12][17] Business Line Data and Key Metrics Changes - Global Water Systems sales increased by 6% for the full year 2025, driven by strong pricing and acquisitions, while operating income was up 5.2% [22][23] - Energy Systems sales rose by 9% to $299 million for the full year, with operating income increasing by 6% to $99 million [24] - Distribution segment sales increased by 2% to $700.7 million, with operating income up 64% to $39.8 million, reflecting margin enhancement initiatives [25] Market Data and Key Metrics Changes - Water Systems in the U.S. and Canada saw a 4% decline in Q4 due to softer HVAC markets, while international sales increased by 15% [19] - Energy Systems sales outside the U.S. and Canada increased by 19%, indicating strong international demand [20] - Distribution segment's operating income margin improved by 300 basis points to 3.3% in Q4, driven by higher volumes and price realization [21] Company Strategy and Development Direction - The company aims to position itself as an innovation and growth leader, with over 35 new products expected to generate $160 million in revenue by year three [8] - Focus on enhancing margins through a value acceleration office, utilizing AI and process engineering to streamline operations and manage costs [10][31] - The company is committed to strategic acquisitions to fill portfolio gaps and enhance market reach, with a healthy M&A pipeline anticipated for 2026 [60][61] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate a turbulent global market, with a healthy order book and backlog as they move into 2026 [5][6] - The outlook for 2026 includes expected sales growth of 3% to 4% across segments, with adjusted EPS guidance of $4.40 to $4.60 [27][28] - Management noted that the company is well-positioned to capitalize on urbanization and increasing demand for high-quality water and energy solutions [29][30] Other Important Information - The company completed approximately $120 million in acquisitions and $160 million in share buybacks in 2025, maintaining a strong balance sheet [6][26] - A quarterly cash dividend of $0.28 was announced, marking the 34th consecutive year of dividend increases [26] Q&A Session Summary Question: Organic outlook across segments for revenue guidance - Management indicated a 3%-5% growth outlook for the water business, with a mix of volume and price increases expected [36] Question: Specifics on water business end markets and geographic demand - Management noted stabilization in HVAC markets and expected growth in the U.S. and Europe, with no pronounced weaknesses anticipated [40][41] Question: Impact of HVAC on water segment performance - Management clarified that HVAC weakness was isolated to Q4 and expected normalization in early 2026 [45] Question: Energy segment margin challenges - Management acknowledged tariff impacts and indicated expectations for margin recovery in 2026 [50] Question: Integration progress of recent acquisitions - Management reported smooth integration of PumpEng and Barnes, with positive growth synergies anticipated for 2026 [58][59] Question: Value acceleration office and its impact - Management highlighted the office's focus on process reengineering and growth, with expected benefits in productivity and efficiency [64][66]

Franklin Electric (NasdaqGS:FELE) Q4 2025 Earnings call February 17, 2026 09:00 AM ET Speaker6Hello, and welcome to the Franklin Electric reports fourth quarter, 2025 and full year 2025 results conference call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star one one on your telephone. You will then hear an automated message advising your hand has been raise ...

Q4/FY 2025 Earnings Presentation February 17, 2026 2 • Strong Q4 & FY results in all three segments • Sales growth across end markets. Good pricing discipline and execution. • Disciplined strategy execution led to solid growth in softer markets. • Healthy Q4 order trends and backlog. A positive 2026 outlook. • Another year of strong cash conversion. A healthy balance sheet to invest for growth. • Value Acceleration Office launched. • Well-positioned in the face of tariffs and global uncertainty. OUR VALUE C ...

Financial Performance - Fourth quarter 2025 net sales were $506.9 million, an increase of 4% compared to $485.7 million in the fourth quarter of 2024[2] - Full year 2025 net sales reached $2.1 billion, a 5% increase from $2.0 billion in 2024[3] - Fourth quarter 2025 operating income was $51.6 million, up 20% from $43.0 million in the same quarter of 2024[2] - Full year 2025 operating income was $269.0 million, a 10% increase compared to $243.6 million in 2024[3] - Total net sales for FY 2025 reached $2,131.3 million, reflecting a 5% increase from $2,021.3 million in FY 2024[25] - Operating income for the full year of 2025 was $268.9 million, with an operating margin of 12.6%, compared to $243.6 million and 12.1% in 2024[26] Earnings Per Share - GAAP diluted EPS for the fourth quarter 2025 was $0.87, a 21% increase from $0.72 in the fourth quarter of 2024[2] - Full year 2025 adjusted diluted EPS was $4.14, up $0.22 or 6% compared to $3.92 in 2024[3] - Diluted earnings per share (EPS) for Q4 2025 was $0.87, a 21% increase from $0.72 in Q4 2024[26] - Adjusted diluted EPS for FY 2025 was $4.14, a 6% increase from $3.92 in FY 2024[26] Cash Flow and Balance - Cash balance at the end of 2025 was $99.7 million, a decrease of $120.9 million from the end of 2024[10] - Net cash flows from operating activities for 2025 were $238.9 million, down from $261.4 million in 2024[10] - Cash and cash equivalents at the end of the period were $99.7 million, down from $220.5 million at the end of 2024[24] Other Significant Events - The company terminated its US Pension Plan, resulting in a pre-tax settlement charge of $54.9 million, impacting EPS by approximately $0.91 per share net of tax[6] - Net income for the twelve months ended December 31, 2025, was $148.7 million, a decrease of 18% from $181.6 million in 2024[24] - The company made acquisitions and investments totaling $114.7 million in FY 2025, a substantial increase from $5.2 million in FY 2024[24] - The company reported a significant increase in net sales in Europe, Middle East & Africa by 29% year-over-year for Q4 2025[25] - The company experienced a foreign currency translation impact of $5.2 million on net sales for Q4 2025[25] Future Guidance - The company expects full year 2026 sales guidance to be between $2.17 billion and $2.24 billion[11]

Fourth Quarter 2025 Highlights - Fourth quarter 2025 net sales reached $506.9 million, a 4% increase from $485.7 million in the fourth quarter of 2024 [3][10] - Operating income for the fourth quarter 2025 was $51.6 million, up 20% from $43.0 million in the same quarter of 2024 [3][10] - Diluted EPS for the fourth quarter 2025 was $0.87, reflecting a 21% increase compared to $0.72 in the fourth quarter of 2024 [3][10] Full Year 2025 Highlights - Full year 2025 net sales totaled $2.1 billion, a 5% increase from $2.0 billion in 2024 [4][10] - Operating income for the full year 2025 was $269.0 million, a 10% increase from $243.6 million in 2024 [4][10] - Full year 2025 diluted EPS was $3.22, down from $3.86 in 2024, while adjusted diluted EPS was $4.14, up 6% from $3.92 in 2024 [4][10] Segment Performance - Water Systems segment net sales were $291.6 million in Q4 2025, a 4% increase from Q4 2024, with operating income rising to $41.8 million from $35.6 million [7][10] - Distribution segment net sales reached $161.6 million in Q4 2025, a 3% increase from Q4 2024, with operating income improving to $5.3 million from $0.5 million [8][10] - Energy Systems segment net sales were $74.7 million in Q4 2025, a 9% increase from Q4 2024, although operating income decreased to $22.6 million from $24.7 million [9][10] Cash Flow and Balance Sheet - The company ended 2025 with a cash balance of $99.7 million, down from $220.5 million at the end of 2024 [11] - Net cash flows from operating activities for 2025 were $238.9 million, compared to $261.4 million in 2024 [11] 2026 Guidance - The company expects full year 2026 sales to be in the range of $2.17 billion to $2.24 billion, with adjusted diluted EPS projected between $4.40 and $4.60 [12]

经济观察网根据截至2026年2月14日的公开信息，富兰克林电子(FELE)有以下近期事件值得关注： 产能扩充 公司位于土耳其伊兹密尔的新工厂预计在2026年第一季度投产，旨在拓展东欧和中东市场，以支持全球 产能扩张。该计划在2026年2月11日时处于推进阶段。 战略推进 管理层在2025财年三季报业绩会议中表示，2026年将积极利用资产负债表进行收购，重点关注包括美国 内外在内的全球市场机会，以优化业务布局。 业绩经营情况 公司重申了2025财年全年财务指引，预计营收在20.9亿至21.5亿美元之间，调整后每股收益在4.00至4.20 美元之间。下一份财报(2025年年报或2026年一季报)的具体发布时间尚未明确。 高管变动 近期公开的内部人交易记录显示，董事SENGSTACK GREGG C在2025年11月至12月期间有多笔买入和 卖出操作，最近一笔披露为2025年12月1日买入366股。 股票近期走势 在截至2026年2月11日的近7个交易日内，该股股价累计上涨4.07%，振幅为4.14%。机构评级方面，在 覆盖该公司的7家机构中，57%给予"买入"建议，43%为"持有"建议。 以上内容基于公开资料整理 ...