Estados financieros detallados de Franklin Electric Co., Inc. (FELE): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Franklin Electric Co., Inc. registró ingresos de $2.13B en el último ejercicio fiscal, con un CAGR de 5 años del 11.3%. El beneficio neto alcanzó $147.1M, con un CAGR a 5 años del 7.9%.
Márgenes de los últimos 12 meses: margen bruto 35.5%, margen operativo 12.8%, margen neto 7.1%. El flujo de caja libre creció a un CAGR del 0.5% en 5 años.
Al precio actual de $96.10, FELE cotiza a un P/E de 26.51 y un ROE del 11.59%. La capitalización bursátil es de $4.2B.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $949.9M | $1.12B | $1.30B | $1.31B | $1.25B | $1.66B | $2.04B | $2.07B | $2.02B | $2.13B |
| Coste de Ventas | $618.5M | $747.9M | $865.8M | $886.5M | $814.2M | $1.09B | $1.35B | $1.37B | $1.30B | $1.38B |
| Beneficio Bruto | $331.4M | $377.0M | $432.4M | $428.1M | $433.1M | $576.1M | $691.4M | $697.0M | $717.3M | $755.9M |
| I+D | $21.5M | $20.8M | $22.1M | $20.8M | $21.7M | $17.3M | $16.7M | $17.7M | $21.5M | $20.0M |
| Generales y Administrativos | $221.1M | $266.2M | $299.3M | $301.7M | $303.3M | $386.5M | $422.9M | $433.9M | $466.5M | $463.9M |
| Gastos Operativos | $219.3M | $269.8M | $300.4M | $301.0M | $302.6M | $386.9M | $434.2M | $434.6M | $473.6M | $483.9M |
| Beneficio Operativo | $112.1M | $107.2M | $132.0M | $127.1M | $130.5M | $189.2M | $257.2M | $262.4M | $243.6M | $272.0M |
| EBITDA | $148.4M | $153.4M | $168.8M | $162.1M | $164.8M | $239.5M | $297.1M | $306.3M | $294.2M | $268.2M |
| Gastos por Intereses | $8.7M | $10.3M | $9.8M | $8.2M | $4.6M | $5.2M | $11.5M | $11.8M | $6.3M | $10.6M |
| Beneficio Antes de Impuestos | $104.1M | $104.6M | $120.4M | $116.8M | $123.7M | $189.7M | $235.2M | $242.2M | $231.8M | $194.7M |
| Impuestos | $24.8M | $26.0M | $14.9M | $20.8M | $22.5M | $34.7M | $46.4M | $47.5M | $50.2M | $46.0M |
| Beneficio Neto | $78.7M | $78.2M | $105.9M | $95.5M | $100.5M | $153.9M | $187.3M | $193.3M | $180.3M | $147.1M |
| BPA | $1.67 | $1.67 | $2.27 | $2.04 | $2.16 | $3.30 | $4.03 | $4.17 | $3.92 | $3.26 |
| BPA Diluido | $1.65 | $1.65 | $2.25 | $2.03 | $2.14 | $3.25 | $3.97 | $4.11 | $3.86 | $3.22 |
| Acciones en Circulación (Diluidas) | $47.2M | $47.0M | $47.1M | $46.8M | $46.7M | $47.0M | $47.0M | $46.9M | $46.5M | $45.5M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $581.7M | $506.9M | $500.4M | $622.9M |
| Beneficio Bruto | $208.7M | $171.5M | $175.0M | $230.6M |
| Beneficio Operativo | $85.2M | $52.0M | $52.7M | $93.6M |
| EBITDA | $49.2M | $67.8M | $64.6M | $92.4M |
| Beneficio Neto | $16.7M | $39.2M | $34.3M | $65.7M |
| BPA | $0.37 | $0.88 | $0.77 | $1.48 |
| BPA Diluido | $0.37 | $0.87 | $0.77 | $1.46 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $104.3M | $67.2M | $59.2M | $64.4M | $130.8M | $40.5M | $45.8M | $85.0M | $220.5M | $99.7M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $146.0M | $171.0M | $172.9M | $173.3M | $159.8M | $196.2M | $230.4M | $222.4M | $226.8M | $247.5M |
| Inventario | $203.5M | $312.3M | $314.0M | $300.2M | $300.9M | $450.0M | $545.0M | $508.7M | $483.9M | $553.0M |
| Activos Corrientes | $483.8M | $589.1M | $579.9M | $567.4M | $619.3M | $724.6M | $858.1M | $853.8M | $964.2M | $958.6M |
| Inmovilizado Material | $196.1M | $215.7M | $207.1M | $228.9M | $241.0M | $259.0M | $264.1M | $286.8M | $286.2M | $320.0M |
| Fondo de Comercio | $199.6M | $236.8M | $248.7M | $256.1M | $266.7M | $329.6M | $328.0M | $342.4M | $338.5M | $398.1M |
| Activos Intangibles | $134.7M | $131.5M | $135.1M | $131.1M | $133.8M | $249.7M | $231.3M | $230.0M | $213.0M | $251.7M |
| Activos Totales | $1.04B | $1.19B | $1.18B | $1.19B | $1.27B | $1.58B | $1.69B | $1.73B | $1.82B | $1.94B |
| Cuentas por Pagar | $63.9M | $79.3M | $76.7M | $82.6M | $95.9M | $164.8M | $139.3M | $152.4M | $157.0M | $175.0M |
| Deuda a Corto | $33.7M | $100.5M | $112.0M | $31.7M | $13.6M | $113.3M | $142.7M | $12.4M | $117.8M | $31.8M |
| Pasivos Corrientes | $157.8M | $245.9M | $255.9M | $185.8M | $203.7M | $396.0M | $405.8M | $287.0M | $433.7M | $344.0M |
| Deuda a Largo | $156.5M | $125.6M | $94.4M | $93.1M | $92.0M | $90.5M | $89.3M | $88.1M | $11.6M | $135.2M |
| Pasivos Totales | $424.8M | $482.7M | $446.5M | $396.1M | $422.4M | $626.5M | $623.4M | $517.8M | $550.8M | $617.4M |
| Reservas | $550.1M | $604.9M | $654.7M | $712.5M | $764.6M | $859.8M | $969.3M | $1.08B | $1.15B | $1.08B |
| Patrimonio Neto | $615.1M | $702.6M | $735.8M | $798.7M | $847.8M | $946.5M | $1.07B | $1.21B | $1.27B | $1.32B |
| Deuda Total | $190.3M | $226.0M | $206.4M | $142.6M | $126.5M | $236.8M | $264.8M | $156.3M | $191.6M | $234.0M |
| Deuda Neta | $85.9M | $158.8M | $147.2M | $78.2M | -$4.3M | $196.2M | $219.1M | $71.3M | -$28.9M | $134.3M |
| Capital Circulante | $326.1M | $343.2M | $324.0M | $381.7M | $415.6M | $328.6M | $452.3M | $566.8M | $530.5M | $614.6M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $102.9M | $99.7M | $80.4M | $97.3M |
| Activos Totales | $2.00B | $1.94B | $2.00B | $2.15B |
| Pasivos Totales | $674.3M | $617.4M | $652.0M | $739.3M |
| Patrimonio Neto | $1.32B | $1.32B | $1.34B | $1.41B |
| Deuda Total | $270.7M | $234.0M | $290.5M | $308.3M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $79.3M | $78.6M | $105.5M | $96.0M | $101.2M | $155.0M | $188.8M | $194.7M | $179.6M | $148.7M |
| Amortizaciones | $35.5M | $38.5M | $38.6M | $37.0M | $36.5M | $44.6M | $50.4M | $52.3M | $56.1M | $62.9M |
| Compensación en Acciones | $6.9M | $7.1M | $8.4M | $9.0M | $10.1M | $11.7M | $11.0M | $10.1M | $12.1M | $13.2M |
| Cambio en Capital Circulante | -$9.0M | -$56.7M | -$20.0M | $24.1M | $54.1M | -$91.0M | -$173.2M | $29.5M | $3.5M | -$44.5M |
| Flujo de Caja Operativo | $115.4M | $66.8M | $128.4M | $177.7M | $211.9M | $129.8M | $101.7M | $315.7M | $261.4M | $238.9M |
| Inversiones (CapEx) | -$39.1M | -$33.5M | -$22.4M | -$21.9M | -$22.9M | -$30.1M | -$41.9M | -$41.4M | -$41.7M | -$45.3M |
| Adquisiciones | -$1.0M | -$51.8M | -$45.0M | -$20.8M | -$55.9M | -$235.7M | -$1.2M | -$33.3M | -$5.2M | -$114.7M |
| Recompra de Acciones | -$7.4M | -$3.6M | -$34.2M | -$10.7M | -$19.6M | -$25.9M | -$40.5M | -$43.3M | -$61.0M | -$165.6M |
| Dividendos Pagados | -$19.1M | -$20.3M | -$22.6M | -$27.7M | -$29.7M | -$33.4M | -$37.0M | -$41.7M | -$46.9M | -$50.0M |
| Flujo de Caja Libre | $76.2M | $33.3M | $106.0M | $155.8M | $189.0M | $99.6M | $59.8M | $274.3M | $219.7M | $193.5M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $102.7M | $104.2M | -$40.9M | $99.6M |
| Inversiones (CapEx) | -$11.4M | -$15.5M | -$9.5M | -$10.9M |
| Flujo de Caja Libre | $91.3M | $88.7M | -$50.4M | $88.7M |
| Dividendos Pagados | -$11.9M | -$12.8M | -$12.4M | -$12.4M |
| Compensación en Acciones | $2.4M | $2.9M | $3.6M | $4.0M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +18.4% | +15.4% | +1.3% | -5.1% | +33.2% | +23.0% | +1.0% | -2.1% | +5.4% |
| Crecimiento Beneficio Neto (anual) | | -0.7% | +35.4% | -9.8% | +5.2% | +53.2% | +21.8% | +3.2% | -6.7% | -18.4% |
| Crecimiento BPA (anual) | | +0.0% | +35.9% | -10.1% | +5.9% | +52.8% | +22.1% | +3.5% | -6.0% | -16.8% |
| Cambio en Acciones (anual) | | -0.3% | +0.1% | -0.5% | -0.2% | +0.6% | +0.0% | -0.2% | -0.9% | -2.2% |
| Crecimiento FCF (anual) | | -56.4% | +218.6% | +47.0% | +21.3% | -47.3% | -40.0% | +358.9% | -19.9% | -11.9% |
| Margen Bruto | 34.9% | 33.5% | 33.3% | 32.6% | 34.7% | 34.7% | 33.8% | 33.8% | 35.5% | 35.5% |
| Margen Operativo | 11.8% | 9.5% | 10.2% | 9.7% | 10.5% | 11.4% | 12.6% | 12.7% | 12.1% | 12.8% |
| Margen EBITDA | 15.6% | 13.6% | 13.0% | 12.3% | 13.2% | 14.4% | 14.5% | 14.8% | 14.6% | 12.6% |
| Margen Neto | 8.3% | 6.9% | 8.2% | 7.3% | 8.1% | 9.3% | 9.2% | 9.4% | 8.9% | 6.9% |
| Margen FCF | 8.0% | 3.0% | 8.2% | 11.9% | 15.2% | 6.0% | 2.9% | 13.3% | 10.9% | 9.1% |
| Tasa Impositiva Efectiva | 23.8% | 24.9% | 12.4% | 17.8% | 18.2% | 18.3% | 19.7% | 19.6% | 21.7% | 23.6% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $1.62 | $0.71 | $2.25 | $3.33 | $4.05 | $2.12 | $1.27 | $5.85 | $4.72 | $4.25 |
| Dividendo por Acción | $0.41 | $0.43 | $0.48 | $0.59 | $0.64 | $0.71 | $0.79 | $0.89 | $1.01 | $1.10 |
| Acciones en Circulación (Básicas) | $46.2M | $46.8M | $46.6M | $46.4M | $46.2M | $46.4M | $46.3M | $46.2M | $45.9M | $45.0M |
Qué mirar en Industrials
Aeroespacial, defensa, maquinaria, transporte. Semi-cíclicos. Clave: backlog, márgenes operativos, y conversión de FCF.
- Crecimiento ingresos 5y — Sin crecimiento, no hay creación de valor a largo plazo
- Margen operativo — El mejor indicador de disciplina operativa en industriales
- ROIC — Industriales de calidad tienen ROIC >15% — el resto destruyen capital
- FCF conversion — FCF / Net Income — en industriales bueno >85%
- Deuda neta / EBITDA — Industriales cíclicos con deuda alta sufren mucho en recesión
- Capex / Ingresos — Mantener la maquinaria. <4% = posible infraversión (deterioro futuro)
- Altman Z-Score — Modelo de bankruptcy (NYU 1968) — combina liquidez, apalancamiento y rentabilidad. Clave en cíclicos
Rentabilidad
| Rentabilidad sobre capital | 11.59% |
| Rentabilidad sobre capital invertido | 11.84% |
| Rentabilidad sobre activos | 7.26% |
| Margen bruto | 35.52% |
| Margen operativo | 12.82% |
| Margen neto | 7.06% |
Salud financiera
| Deuda / Patrimonio | 0.22 |
| Ratio corriente | 2.41 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 6.90 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 23.29 | 27.49 | 18.89 | 28.10 | 32.04 | 28.65 | 19.79 | 23.18 | 24.86 | 29.30 |
| P/VC | 2.92 | 3.06 | 2.72 | 3.33 | 3.77 | 4.64 | 3.46 | 3.70 | 3.53 | 3.25 |
| P/V | 1.89 | 1.91 | 1.54 | 2.02 | 2.56 | 2.64 | 1.81 | 2.16 | 2.21 | 2.02 |
| Margen Bruto | 34.9% | 33.5% | 33.3% | 32.6% | 34.7% | 34.7% | 33.8% | 33.8% | 35.5% | 35.5% |
| Margen Operativo | 11.8% | 9.5% | 10.2% | 9.7% | 10.5% | 11.4% | 12.6% | 12.7% | 12.1% | 12.8% |
| Margen Neto | 8.3% | 6.9% | 8.2% | 7.3% | 8.1% | 9.3% | 9.2% | 9.4% | 8.9% | 6.9% |