(FELE) Franklin ElectricInc - Ratings and Ratios

Franklin Electric Co., Inc. is a global leader in the design, manufacture, and distribution of water and fuel pumping systems, operating through three distinct segments: Water Systems, Fueling Systems, and Distribution. The company's Water Systems segment offers a comprehensive range of products, including submersible motors, pumps, electronic controls, and water treatment systems, which are used in various applications such as residential, agricultural, municipal, and industrial settings. These products are designed to provide efficient and reliable solutions for pumping clean water and wastewater, and are often used in conjunction with electronic drives and controls that enhance motor functionality and provide protection against hazards like electrical surges and overheating.

The Fueling Systems segment, on the other hand, provides a broad array of products and equipment for fueling system applications, including pumps, pipes, sumps, fittings, vapor recovery components, and electronic controls. This segment also serves other energy markets, such as power reliability systems, and offers electronic devices for online monitoring of power utility, hydroelectric, and telecommunication and data center infrastructure. By catering to these diverse markets, Franklin Electric is able to leverage its expertise in pumping systems to provide innovative solutions for a wide range of industries. Additionally, the company's products are designed to meet the highest standards of quality and reliability, ensuring that they can withstand the demands of harsh environments and critical applications.

Through its Distribution segment, Franklin Electric sells products manufactured by its Water Systems segment to a network of wholesale and retail distributors, specialty distributors, and original equipment manufacturers. The company's employee sales force and independent manufacturing representatives play a crucial role in providing presale support and specifications to installing contractors, ensuring that customers receive the right products and expertise for their specific needs. With a strong global presence and a diverse customer base that includes industrial and petroleum equipment distributors, oil and utility companies, and other industry players, Franklin Electric is well-positioned to drive growth and expansion in the global pumping systems market. Founded in 1944 and headquartered in Fort Wayne, Indiana, the company has a long history of innovation and excellence, and continues to be a leading player in the industrial machinery and supplies industry.

As a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol FELE, Franklin Electric is committed to delivering value to its shareholders while maintaining its focus on customer satisfaction, product quality, and innovation. With a global reach and a comprehensive portfolio of products and services, the company is poised to capitalize on emerging trends and opportunities in the pumping systems market, and to continue its legacy as a trusted and reliable partner for industries around the world. The company's website, https://www.franklin-electric.com, provides more information on its products, services, and mission, and offers a glimpse into its commitment to excellence and customer satisfaction.