Company

Franklin Electric Co., Inc.

Headquarters: Fort Wayne, IN, United States

Founded: 1944

Employees: 6,400

CEO: Mr. Gregg C. Sengstack

NASDAQ: FELE +0.16%

Market Cap

$4.28 Billion

USD as of Jan. 1, 2024

Market Cap History

Franklin Electric Co., Inc. market capitalization over time

Evolution of Franklin Electric Co., Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Franklin Electric Co., Inc.

Detailed Description

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.

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Stocks & Indices

Franklin Electric Co., Inc. has the following listings and related stock indices.


Stock: NASDAQ: FELE wb_incandescent

Stock: FSX: FE4 wb_incandescent

Key People

Gregg Sengstack (Chairman of the Board and CEO)

Financials

Revenue: 1.662 billion (2021)

Details

Headquarters:

9255 Coverdale Road

Fort Wayne, IN 46809

United States

Phone: 260 824 2900

Fax: 260 824 2909