Fourth Quarter 2025 Highlights - Fourth quarter 2025 net sales reached $506.9 million, a 4% increase from $485.7 million in the fourth quarter of 2024 [3][10] - Operating income for the fourth quarter 2025 was $51.6 million, up 20% from $43.0 million in the same quarter of 2024 [3][10] - Diluted EPS for the fourth quarter 2025 was $0.87, reflecting a 21% increase compared to $0.72 in the fourth quarter of 2024 [3][10] Full Year 2025 Highlights - Full year 2025 net sales totaled $2.1 billion, a 5% increase from $2.0 billion in 2024 [4][10] - Operating income for the full year 2025 was $269.0 million, a 10% increase from $243.6 million in 2024 [4][10] - Full year 2025 diluted EPS was $3.22, down from $3.86 in 2024, while adjusted diluted EPS was $4.14, up 6% from $3.92 in 2024 [4][10] Segment Performance - Water Systems segment net sales were $291.6 million in Q4 2025, a 4% increase from Q4 2024, with operating income rising to $41.8 million from $35.6 million [7][10] - Distribution segment net sales reached $161.6 million in Q4 2025, a 3% increase from Q4 2024, with operating income improving to $5.3 million from $0.5 million [8][10] - Energy Systems segment net sales were $74.7 million in Q4 2025, a 9% increase from Q4 2024, although operating income decreased to $22.6 million from $24.7 million [9][10] Cash Flow and Balance Sheet - The company ended 2025 with a cash balance of $99.7 million, down from $220.5 million at the end of 2024 [11] - Net cash flows from operating activities for 2025 were $238.9 million, compared to $261.4 million in 2024 [11] 2026 Guidance - The company expects full year 2026 sales to be in the range of $2.17 billion to $2.24 billion, with adjusted diluted EPS projected between $4.40 and $4.60 [12]
Franklin Electric Reports Fourth Quarter 2025 and Full Year 2025 Results