About Franklin Electric
Franklin Electric is a company based in Fort Wayne (United States) founded in 1944.. The company has 6,300 employees as of December 31, 2024. Franklin Electric has completed 14 acquisitions, including 2M, Aqua Systems and Barnes de Colombia. Franklin Electric offers products and services including Water Pumps and Fuel Systems.
- Headquarter Fort Wayne, United States
- Employees 6300 as on 31 Dec, 2024
- Stage Public
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Franklin Electric Co., Inc.
-
Annual Revenue
$2.02 B-2.12as on Dec 31, 2024
-
Net Profit
$179.61 M-6.73as on Dec 31, 2024
-
EBITDA
$304.52 M-2.89as on Dec 31, 2024
-
Latest Funding Round
-
Investors
-
Employee Count
6300
as on Dec 31, 2024
-
Investments & Acquisitions
2M
& 13 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Franklin Electric
Franklin Electric is a publicly listed company on the NASDAQ with ticker symbol FELE in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Franklin Electric
Franklin Electric offers a comprehensive portfolio of products and services, including Water Pumps and Fuel Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Pumps and related systems are manufactured for groundwater distribution, industrial applications, and residential solutions to facilitate water movement.
Systems for fuel movement and monitoring are provided to protect human health and the environment while ensuring reliable operations.
Funding Insights of Franklin Electric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Franklin Electric
Franklin Electric has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include 2M, Aqua Systems and Barnes de Colombia. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Submersible pumps for mine dewatering are designed, manufactured, and serviced.
|
2000 | ||||
|
Water purification systems are manufactured by Waterite.
|
2000 | ||||
|
Water treatment and filtration equipment is manufactured for industrial use.
|
1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Franklin Electric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Franklin Electric Comparisons
Competitors of Franklin Electric
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Franklin Electric
Frequently Asked Questions about Franklin Electric
When was Franklin Electric founded?
Franklin Electric was founded in 1944.
Where is Franklin Electric located?
Franklin Electric is headquartered in Fort Wayne, United States. It is registered at Fort Wayne, Indiana, United States.
Who is the current CEO of Franklin Electric?
Scott Trumbull is the current CEO of Franklin Electric.
How many employees does Franklin Electric have?
As of Dec 31, 2024, the latest employee count at Franklin Electric is 6,300.
What is the annual revenue of Franklin Electric?
Annual revenue of Franklin Electric is $2.02B as on Dec 31, 2024.
What does Franklin Electric do?
Franklin Electric was founded in 1944 and is headquartered in Fort Wayne, United States. Operations focus on the manufacturing and marketing of components within the water and automotive fuels sectors. Products and services support water management systems and fuel handling equipment. The company serves global markets from its U.S. base, with leadership provided by CEO Scott Trumbull.
What products or services does Franklin Electric offer?
Franklin Electric offers Water Pumps and Fuel Systems.
Is Franklin Electric publicly traded?
Yes, Franklin Electric is publicly traded on NASDAQ under the ticker symbol FELE.
How many acquisitions has Franklin Electric made?
Franklin Electric has made 14 acquisitions, including 2M, Aqua Systems, and Barnes de Colombia.
What is Franklin Electric's ticker symbol?
The ticker symbol of Franklin Electric is FELE on NASDAQ.