Franklin Electric Co. (FELE) Cash Flow: Operating & Free Cash Flow

Franklin Electric Co. (FELE) Cash Flow Statement

In fiscal 2025 (fiscal year ended Dec 31, 2025), Franklin Electric Co. generated $238.88M of operating cash flow and spent $45.34M on capital expenditures. That left free cash flow of $193.54M, down 11.9% from $219.67M a year earlier, or 9.1% of revenue. It returned $215.62M to shareholders through $50.00M in dividends and $165.62M in share buybacks.

Franklin Electric Co. Cash Flow Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Cash flow statement showing operating, investing, and financing activities for Franklin Electric Co., Inc. (FELE) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Operating Activities
Net Income	148.69	179.61	194.73	188.81	154.98	101.16	96.00	105.52	78.59
Depreciation & Amortization	62.88	56.07	52.26	50.37	44.57	36.49	36.98	38.60	38.51
Deferred Income Tax	-7.64	-19.65	-1.61	-1.23	0.13	-4.27	-2.57	-5.16	10.20
Stock Based Compensation	13.20	12.06	10.13	10.97	11.73	10.07	8.96	8.45	7.11
Change in Working Capital	-49.39	7.37	29.47	-173.18	-90.97	54.08	24.08	-19.99	-56.72
Change in Accounts Receivable	11.42	-17.05	19.15	-44.80	-31.93	22.05	1.08	-8.19	9.95
Change in Inventory	-26.18	10.89	48.18	-101.08	-123.08	13.14	17.23	-4.78	-46.37
Change in Accounts Payable	-12.77	15.29	-23.09	-12.28	89.04	20.52	6.77	1.68	-11.07
Change in Other Working Capital	-11.78	21.44	-14.77	-13.98	-22.76	-1.64	-1.00	-8.70	-9.23
Other Operating Activities	63.50	21.44	30.72	24.70	9.45	14.33	14.23	1.02	-10.93
Net Cash from Operating Activities	238.88	261.35	315.71	101.67	129.76	211.85	177.68	128.44	66.75
Investing Activities
Capital Expenditures	-45.34	-41.68	-41.42	-41.90	-30.12	-22.86	-21.86	-22.43	-33.48
Acquisitions	-114.66	-5.20	-33.34	-1.19	-235.70	-55.92	-20.83	-44.97	-51.78
Other Investing Activities	0.02	1.26	0.46	0.01	0.03	-0.04	0.88	1.11	0.57
Net Cash from Investing Activities	-157.13	-45.63	-74.29	-43.07	-264.81	-78.81	-41.81	-66.29	-84.70
Financing Activities
Debt Repayment	-581.51	-280.51	-115.53	-448.62	-226.58	-21.07	-90.94	-18.99	1.88
Common Stock Issued	5.32	7.20	9.19	3.86	15.52	3.72	3.19	9.00	4.50
Common Stock Repurchased	-165.62	-61.04	-43.33	-40.49	-25.95	-19.55	-10.74	-34.19	-3.62
Dividends Paid	-50.00	-46.88	-41.72	-36.99	-33.40	-29.68	-27.67	-22.61	-20.29
Other Financing Activities	-5.70	-2.59	-0.80	-4.41	-0.71	0.00	-0.49	0.00	-5.05
Net Cash from Financing Activities	-197.31	-74.07	-192.19	-48.47	50.89	-66.58	-126.65	-66.79	-22.58
Summary
Effect of Forex Changes on Cash	-5.33	-6.08	-10.06	-4.87	-6.10	-0.08	-3.99	-3.42	3.43
Net Change in Cash	-120.88	135.58	39.17	5.25	-90.25	66.38	5.23	-8.06	-37.10
Cash at Beginning of Period	220.54	84.96	45.79	40.54	130.79	64.41	59.17	67.23	104.33
Cash at End of Period	99.66	220.54	84.96	45.79	40.54	130.79	64.41	59.17	67.23
Free Cash Flow	193.54	219.67	274.30	59.77	99.65	189.00	155.82	106.00	33.27
Supplemental Disclosures
Interest Paid	9.85	6.42	12.12	11.21	5.19	-	-	-	-
Income Taxes Paid	76.68	58.02	55.12	48.34	37.39	-	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Franklin Electric Co. Cash Flow

What is Franklin Electric Co.'s free cash flow?

Franklin Electric Co. generated free cash flow of $193.54M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of $238.88M minus $45.34M of capital expenditures. That was down 11.9% from $219.67M a year earlier. Free cash flow equaled 9.1% of revenue.

How much does Franklin Electric Co. spend on capital expenditures?

Franklin Electric Co. spent $45.34M on capital expenditures in fiscal 2025, compared with $41.68M a year earlier. That equals 19.0% of operating cash flow.

Does Franklin Electric Co. pay dividends or buy back shares?

Yes. In fiscal 2025 Franklin Electric Co. returned $50.00M in dividends and $165.62M in share buybacks to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition