Earnings Releases·Oct 28, 2026, 8:00 AM ET

Franklin Electric — Third Quarter 2026 Earnings Summary

Consolidated net sales rose 9% year-over-year to $633.6 million in Q3 2026, while GAAP fully diluted EPS surged 265% to $1.35 and adjusted diluted EPS increased 15% to $1.50.
The company raised full-year 2026 guidance, projecting net sales between $2.23 billion and $2.30 billion and adjusted diluted EPS between $4.62 and $4.82.
Strategic capital allocation included $385.2 million in acquisitions and investments for the nine-month period, alongside $37.3 million in dividends and $24.9 million in stock repurchases.
Growth was driven by favorable pricing, acquisitions (including Cat Pumps), and volume increases across Water Systems, Energy Systems, and Distribution segments, though margin pressure persists due to elevated material and freight costs.