Core Insights - Franklin Electric Co., Inc. reported strong financial results for the second quarter of 2025, with net sales reaching $587.4 million, an increase of 8% compared to $543.3 million in the same quarter of 2024 [2][10] - The company achieved an operating income of $88.1 million, reflecting an 11% increase from $79.1 million year-over-year, with an operating margin of 15.0% [10][3] - Earnings per share (EPS) for the second quarter was $1.31, up from $1.26 in the prior year [2][10] Financial Performance - Net sales increased across all segments: Water Systems by 8% to $340.8 million, Energy Systems by 6% to $77.5 million, and Distribution by 5% to $200.0 million [5][6][7] - Water Systems operating income was $61.8 million, slightly down from $62.3 million in Q2 2024, while Distribution segment operating income rose to $16.1 million from $9.8 million [5][6] - Energy Systems operating income increased to $29.1 million from $26.0 million year-over-year [7] Cash Flow and Guidance - Net cash flows from operating activities for the first half of 2025 were $32.0 million, compared to $35.0 million in the same period of 2024 [8] - The company maintains its full-year 2025 sales guidance in the range of $2.09 billion to $2.15 billion and EPS guidance of $3.95 to $4.25 [9] Market Position and Outlook - The company expressed confidence in sustained performance for the remainder of 2025, supported by a healthy backlog and positive order trends [4] - Franklin Electric's operational discipline and strong channel positioning are expected to enable quick adaptation to changing market dynamics [4]
Franklin Electric Reports Second Quarter 2025 Results