(FELE) Franklin Electric - Ratings and Ratios

Franklin Electric Co., Inc. (NASDAQ:FELE) is a global leader in the design, manufacture, and distribution of water and fuel pumping systems. With operations spanning the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific, the company serves a diverse range of applications, including residential, agricultural, municipal, and industrial markets. Its product portfolio includes motors, pumps, water treatment systems, monitoring devices, and electronic drives and controls for groundwater, water transfer, and wastewater applications. Additionally, the company provides energy system components, such as submersible pumps, station hardware, piping, and corrosion control systems for the petroleum and energy industries.

The company operates through three primary segments: Water Systems, Energy Systems, and Distribution. The Water Systems segment focuses on groundwater, water transfer, and wastewater solutions, offering motors, pumps, and electronic controls that enhance functionality and provide protection against hazards like electrical surges and dry wells. The Energy Systems segment serves the petroleum and energy markets, including power reliability systems, hydroelectric infrastructure, and telecommunication data centers. The Distribution segment provides presale support and sells products to wholesale and retail distributors, oil and utility companies, and original equipment manufacturers.

Founded in 1944 and headquartered in Fort Wayne, Indiana, Franklin Electric Co., Inc. has established itself as a key player in the industrial machinery and supplies sector. Its products are critical to water management and energy distribution, ensuring reliability and efficiency in various industrial and infrastructure applications.