Franklin Historical Income Statement
| FELE Stock | USD 107.17 0.87 0.81% |
Historical analysis of Franklin Electric income statement accounts such as Total Revenue of 2.2 B or Gross Profit of 731.9 M can show how well Franklin Electric Co performed in making a profits. Evaluating Franklin Electric income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Franklin Electric's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Franklin Electric latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Franklin Electric is a good buy for the upcoming year.
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About Franklin Income Statement Analysis
Franklin Electric Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Franklin Electric shareholders. The income statement also shows Franklin investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Franklin Electric Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Franklin Electric generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Franklin Electric Co minus its cost of goods sold. It is profit before Franklin Electric operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Franklin Electric. It is also known as Franklin Electric overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Franklin Electric operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Franklin Electric Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Franklin Electric's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Franklin Electric current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Franklin Electric's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2.2 B, whereas Selling General Administrative is forecasted to decline to about 412.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 576.1M | 691.4M | 697.0M | 731.9M | Total Revenue | 1.7B | 2.0B | 2.1B | 2.2B |
Franklin Electric income statement Correlations
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Franklin Electric income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 39.1M | 48.2M | 58.4M | 50.4M | 52.3M | 54.9M | |
| Interest Expense | 8.2M | 4.6M | 5.2M | 11.5M | 11.8M | 12.4M | |
| Total Revenue | 1.3B | 1.2B | 1.7B | 2.0B | 2.1B | 2.2B | |
| Gross Profit | 428.1M | 433.1M | 576.1M | 691.4M | 697.0M | 731.9M | |
| Other Operating Expenses | 1.2B | 1.1B | 1.5B | 1.8B | 1.8B | 1.9B | |
| Operating Income | 127.1M | 130.5M | 189.2M | 257.2M | 262.4M | 275.6M | |
| Ebit | 127.1M | 128.3M | 194.9M | 268.8M | 263.4M | 276.6M | |
| Ebitda | 166.2M | 176.5M | 253.3M | 319.1M | 315.7M | 331.5M | |
| Cost Of Revenue | 886.5M | 814.2M | 1.1B | 1.4B | 1.4B | 1.4B | |
| Total Operating Expenses | 298.5M | 300.1M | 386.3M | 432.1M | 434.6M | 456.3M | |
| Income Before Tax | 116.8M | 123.7M | 189.7M | 235.2M | 242.2M | 254.3M | |
| Total Other Income Expense Net | (10.3M) | (6.8M) | 513K | (22.0M) | (20.2M) | (19.2M) | |
| Net Income | 95.5M | 100.5M | 153.9M | 187.3M | 193.3M | 202.9M | |
| Income Tax Expense | 20.8M | 22.5M | 34.7M | 46.4M | 47.5M | 49.9M | |
| Selling General Administrative | 298.5M | 300.1M | 386.3M | 432.1M | 434.4M | 412.7M | |
| Net Income Applicable To Common Shares | 95.5M | 100.5M | 153.0M | 187.3M | 215.4M | 226.2M | |
| Minority Interest | 516K | 697K | (1.1M) | (1.5M) | (1.6M) | (1.5M) | |
| Net Income From Continuing Ops | 96.0M | 101.2M | 155.0M | 188.8M | 195.9M | 113.7M | |
| Non Recurring | 2.5M | 2.5M | 621K | 2.2M | 2.0M | 2.7M | |
| Non Operating Income Net Other | (2.1M) | (2.2M) | 5.7M | (10.4M) | (9.4M) | (8.9M) | |
| Tax Provision | 20.8M | 22.5M | 34.7M | 46.4M | 48.0M | 30.7M | |
| Net Interest Income | (8.2M) | (4.6M) | (5.2M) | (11.5M) | (14.3M) | (15.1M) | |
| Reconciled Depreciation | 37.0M | 36.5M | 44.6M | 50.4M | 52.9M | 46.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Franklin Electric is a strong investment it is important to analyze Franklin Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin Electric's future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Electric. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 0.975 | Earnings Share 3.97 | Revenue Per Share 43.688 | Quarterly Revenue Growth (0.01) |
The market value of Franklin Electric is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Electric's market value can be influenced by many factors that don't directly affect Franklin Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.