# FRANKLIN ELECTRIC CO INC

Summary updated: 2026-10-02T13:32:02.160619Z
Canonical: https://finbar.com/research/companies/franklin-electric-co-inc

## Overview

Franklin Electric Co. Inc. is a manufacturer and distributor of systems for moving and managing water, fuel, and electricity. Founded in 1944, the company makes products including submersible motors and pumps, electronic controls, and water-treatment equipment. It operates through Water Systems, Energy Systems, and Distribution segments. [1](https://app.finbar.com/go?id=P119067143)[2](https://app.finbar.com/go?id=P83956253)[3](https://app.finbar.com/go?id=P15124764) The company describes its mission as leading in the manufacture and distribution of systems for moving and managing water, fuel, and electricity. [4](https://www.franklin-electric.com/company/about-franklin-electric/)

Its products serve markets across the United States and Canada, Latin America, Europe, the Middle East and Africa, and Asia Pacific. [5](https://app.finbar.com/go?id=T3524613) Franklin Electric reported FY2025 net sales of $2.131 billion; its website describes a global workforce of more than 6,400 people. [6](https://app.finbar.com/go?id=T11653127)[7](https://www.franklin-electric.com/company/social-responsibility/)
[1](https://app.finbar.com/go?id=P119067143)[2](https://app.finbar.com/go?id=P83956253)[3](https://app.finbar.com/go?id=P15124764)[4](https://www.franklin-electric.com/company/about-franklin-electric/)[5](https://app.finbar.com/go?id=T3524613)[6](https://app.finbar.com/go?id=T11653127)[7](https://www.franklin-electric.com/company/social-responsibility/)[4](https://www.franklin-electric.com/company/about-franklin-electric/)[7](https://www.franklin-electric.com/company/social-responsibility/)

## Products & services

Franklin Electric’s Water Systems products include submersible motors and pumps, drives, electronic controls, monitoring devices, water-treatment systems and related parts for groundwater, water transfer and wastewater applications. Its product range also covers surface pumping, large dewatering, sump and effluent pumps, and grinder pumps. Named products include FPS Series V and FPS TRI-SEAL submersible well pumps, and SubDrive Connect variable-frequency drives for constant-pressure water systems. SubDrive Connect Plus supports submersible and aboveground applications with three-phase motors up to 30 hp. [8](https://app.finbar.com/go?id=P18281809)[9](https://www.franklinwater.com/products/)[10](https://www.franklinwater.com/products/submersible-well-pumps/residential-duty-submersible-well-pumps/series-v-4-inch-submersible-well-pumps/fps-series-v-submersible-well-pump/)[11](https://www.franklinwater.com/products/submersible-well-pumps/residential-duty-submersible-well-pumps/tri-seal-4-inch-submersible-well-pumps/fps-tri-seal-submersible-well-pump/)[12](https://www.franklinwater.com/products/drives-starters-and-protection/variable-frequency-drives/subdrive-connect-plus-variable-frequency-drive/)

Energy Systems (formerly Fueling Systems) offers equipment for submersible fueling applications, including submersible turbine pumps, pump controllers, automatic tank gauges, environmental monitoring and line-leak detection systems, and piping, fittings, sumps and containment products. Guardian variable-frequency controllers manage pump speed and flow rate. Franklin Electric also distributes Water Systems products and provides presale support and specifications to installing contractors. [3](https://app.finbar.com/go?id=P15124764)[2](https://app.finbar.com/go?id=P83956253)[13](https://app.finbar.com/go?id=P42741218)[14](https://www.franklinfueling.com/en/products/submersible-pumping/)[15](https://www.franklinfueling.com/en/products/fuel-management-systems/)[16](https://www.franklinfueling.com/en/products/piping--containment/)[17](https://www.franklinfueling.com/en/products/submersible-pumping/4-submersible-pump-controllers/guardian-series-variable-frequency-controllers/)
[8](https://app.finbar.com/go?id=P18281809)[3](https://app.finbar.com/go?id=P15124764)[2](https://app.finbar.com/go?id=P83956253)[13](https://app.finbar.com/go?id=P42741218)[9](https://www.franklinwater.com/products/)[10](https://www.franklinwater.com/products/submersible-well-pumps/residential-duty-submersible-well-pumps/series-v-4-inch-submersible-well-pumps/fps-series-v-submersible-well-pump/)[11](https://www.franklinwater.com/products/submersible-well-pumps/residential-duty-submersible-well-pumps/tri-seal-4-inch-submersible-well-pumps/fps-tri-seal-submersible-well-pump/)[12](https://www.franklinwater.com/products/drives-starters-and-protection/variable-frequency-drives/subdrive-connect-plus-variable-frequency-drive/)[14](https://www.franklinfueling.com/en/products/submersible-pumping/)[15](https://www.franklinfueling.com/en/products/fuel-management-systems/)[16](https://www.franklinfueling.com/en/products/piping--containment/)[17](https://www.franklinfueling.com/en/products/submersible-pumping/4-submersible-pump-controllers/guardian-series-variable-frequency-controllers/)

## Geographic presence

In FY2025, Franklin Electric’s largest reported sales geography was the United States and Canada, with $1.54 billion, or 72.1% of consolidated sales. Latin America accounted for $204.7 million (9.6%), Europe, the Middle East and Africa for $218.1 million (10.2%), and Asia Pacific for $100.9 million (4.7%). The company reported a further $70.0 million (3.3%) as Energy Systems “All other.” Its reporting does not split U.S. and Canadian sales or provide individual-country revenue figures. [5](https://app.finbar.com/go?id=T3524613)

The company says it has more than 240 manufacturing and distribution facilities in over 20 countries, with global headquarters in Fort Wayne, Indiana. Its listed principal properties span the U.S., Brazil, China, Colombia, the Czech Republic, Italy, Mexico, South Africa and Turkey; it also identifies significant operations in Europe, South Africa, Brazil, Mexico, India, China, Turkey, Canada and Argentina. Franklin Electric reports employing more than 6,400 people globally, but does not disclose a regional employee breakdown. [18](https://app.finbar.com/go?id=P80832616)[19](https://app.finbar.com/go?id=P120540314)[20](https://app.finbar.com/go?id=P81675566)[21](https://app.finbar.com/go?id=T11483829)[7](https://www.franklin-electric.com/company/social-responsibility/)
[5](https://app.finbar.com/go?id=T3524613)[18](https://app.finbar.com/go?id=P80832616)[19](https://app.finbar.com/go?id=P120540314)[20](https://app.finbar.com/go?id=P81675566)[21](https://app.finbar.com/go?id=T11483829)[7](https://www.franklin-electric.com/company/social-responsibility/)[7](https://www.franklin-electric.com/company/social-responsibility/)

## Business segments

For FY2025, Franklin Electric reported three segments: Water Systems, Energy Systems (formerly Fueling Systems), and Distribution. Based on reported segment sales divided by consolidated sales, their approximate contributions were **58.9%, 14.0%, and 32.9%**, respectively. [2](https://app.finbar.com/go?id=P83956253)[6](https://app.finbar.com/go?id=T11653127)

**Water Systems** provides water-pumping products and related equipment, including submersible motors and pumps, drives, controls, monitoring devices, and water-treatment systems. Its products serve groundwater, water transfer, and wastewater applications across residential, agricultural, municipal, and industrial markets. FY2025 segment sales were $1,256.4 million. [8](https://app.finbar.com/go?id=P18281809)[22](https://app.finbar.com/go?id=P17267168)[6](https://app.finbar.com/go?id=T11653127)

**Energy Systems** supplies fuel-pumping, containment, monitoring, and control systems, and also serves power-reliability and infrastructure markets. Its offerings include pumps, motors, piping, fittings, controls, and monitoring equipment. FY2025 segment sales were $299.0 million. [23](https://app.finbar.com/go?id=P22362160)[24](https://app.finbar.com/go?id=P18058566)[6](https://app.finbar.com/go?id=T11653127)

**Distribution** comprises Headwater Companies, a group of wholly owned groundwater distributors serving professional contractors in the U.S. groundwater market. FY2025 segment sales were $700.7 million. The sales-based percentages are approximate: the three segment figures total $2,256.1 million before $124.8 million of eliminations, reconciling to $2,131.3 million in consolidated sales. [25](https://app.finbar.com/go?id=P2635344)[6](https://app.finbar.com/go?id=T11653127)
[2](https://app.finbar.com/go?id=P83956253)[6](https://app.finbar.com/go?id=T11653127)[8](https://app.finbar.com/go?id=P18281809)[22](https://app.finbar.com/go?id=P17267168)[6](https://app.finbar.com/go?id=T11653127)[23](https://app.finbar.com/go?id=P22362160)[24](https://app.finbar.com/go?id=P18058566)[6](https://app.finbar.com/go?id=T11653127)[25](https://app.finbar.com/go?id=P2635344)[6](https://app.finbar.com/go?id=T11653127)[6](https://app.finbar.com/go?id=T11653127)

## Company history

Franklin Electric was founded in Bluffton, Indiana, in 1944 by E.J. Schaefer and T.W. Kehoe, initially making backpack generators for military radio equipment. In 1950, Schaefer designed a 4-inch submersible motor for water wells, an early product that helped establish the company’s water-pumping business. [1](https://app.finbar.com/go?id=P119067143)[4](https://www.franklin-electric.com/company/about-franklin-electric/)[26](https://www.franklinwater.com/products/submersible-motors-and-control-boxes/4-inch-submersible-motors/4-inch-induction-motor/4-inch-2-wire-single-phase-models--sku-collection/2445049004gs/)

The company later expanded into fuel systems, developing a submersible fuel-transfer pump in Australia in the late 1960s. Its acquisitions broadened its products and markets: Little Giant added other pump categories in 2006, and Franklin acquired a majority stake in Pioneer Pump in 2012. In 2017, it expanded groundwater distribution through controlling interests in three U.S. distributors, which became part of Headwater Companies. [27](https://www.franklinfueling.com/en/landing-pages/history/)[28](https://www.littlegiant.com/about-us/about-little-giant/)[29](https://www.marketscreener.com/quote/stock/FRANKLIN-ELECTRIC-CO-INC-9281/news/Franklin-Electric-Co-Franklin-Electric-Announces-Acquisition-Of-A-Majority-Stake-In-Pioneer-Pump-14203245/)[30](https://www.headwaterco.com/more/news/2017/franklin-electric-acquires-u.s.-groundwater-distribution-companies)

Franklin continued expanding through acquisitions in water treatment and groundwater distribution, including Waterite in 2020 and Gicon Pumps & Equipment in 2021. Joe Ruzynski became CEO and a director on July 1, 2024; Gregg Sengstack, who had served as CEO since 2014, continued as executive chair. In 2025, Franklin acquired Barnes de Colombia and announced the acquisition of PumpEng in Australia; in September 2026, it announced completion of its acquisition of Cat Pumps. [31](https://www.franklin-electric.com/company/news/2020/franklin-electric-acquires-water-treatment-company/)[32](https://www.franklin-electric.com/company/news/2021/franklin-electric-acquires-us-groundwater-distribution-company/)[33](https://app.finbar.com/go?id=T1508101)[34](https://www.sec.gov/Archives/edgar/data/38725/000003872525000084/fele-20250331.htm)[35](https://www.franklin-electric.com/company/news/2025/franklin-electric-announces-acquisition-of-pumpeng-australia/)[36](https://www.franklin-electric.com/company/news/2026/franklin-electric-acquires-cat-pumps-expanding-commercial-and-industrial-flow-control-platform/)
[1](https://app.finbar.com/go?id=P119067143)[33](https://app.finbar.com/go?id=T1508101)[4](https://www.franklin-electric.com/company/about-franklin-electric/)[26](https://www.franklinwater.com/products/submersible-motors-and-control-boxes/4-inch-submersible-motors/4-inch-induction-motor/4-inch-2-wire-single-phase-models--sku-collection/2445049004gs/)[27](https://www.franklinfueling.com/en/landing-pages/history/)[28](https://www.littlegiant.com/about-us/about-little-giant/)[29](https://www.marketscreener.com/quote/stock/FRANKLIN-ELECTRIC-CO-INC-9281/news/Franklin-Electric-Co-Franklin-Electric-Announces-Acquisition-Of-A-Majority-Stake-In-Pioneer-Pump-14203245/)[30](https://www.headwaterco.com/more/news/2017/franklin-electric-acquires-u.s.-groundwater-distribution-companies)[31](https://www.franklin-electric.com/company/news/2020/franklin-electric-acquires-water-treatment-company/)[32](https://www.franklin-electric.com/company/news/2021/franklin-electric-acquires-us-groundwater-distribution-company/)[34](https://www.sec.gov/Archives/edgar/data/38725/000003872525000084/fele-20250331.htm)[35](https://www.franklin-electric.com/company/news/2025/franklin-electric-announces-acquisition-of-pumpeng-australia/)[36](https://www.franklin-electric.com/company/news/2026/franklin-electric-acquires-cat-pumps-expanding-commercial-and-industrial-flow-control-platform/)

## Sources

1. [FRANKLIN ELECTRIC CO INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P119067143)
2. [FRANKLIN ELECTRIC CO INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P83956253)
3. [FRANKLIN ELECTRIC CO INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P15124764)
4. [www.franklin-electric.com](https://www.franklin-electric.com/company/about-franklin-electric/)
5. [FRANKLIN ELECTRIC CO INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=T3524613)
6. [FRANKLIN ELECTRIC CO INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=T11653127)
7. [www.franklin-electric.com](https://www.franklin-electric.com/company/social-responsibility/)
8. [FRANKLIN ELECTRIC CO INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P18281809)
9. [www.franklinwater.com](https://www.franklinwater.com/products/)
10. [www.franklinwater.com](https://www.franklinwater.com/products/submersible-well-pumps/residential-duty-submersible-well-pumps/series-v-4-inch-submersible-well-pumps/fps-series-v-submersible-well-pump/)
11. [www.franklinwater.com](https://www.franklinwater.com/products/submersible-well-pumps/residential-duty-submersible-well-pumps/tri-seal-4-inch-submersible-well-pumps/fps-tri-seal-submersible-well-pump/)
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13. [FRANKLIN ELECTRIC CO INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P42741218)
14. [www.franklinfueling.com](https://www.franklinfueling.com/en/products/submersible-pumping/)
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18. [FRANKLIN ELECTRIC CO INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P80832616)
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22. [FRANKLIN ELECTRIC CO INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P17267168)
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24. [FRANKLIN ELECTRIC CO INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P18058566)
25. [FRANKLIN ELECTRIC CO INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P2635344)
26. [www.franklinwater.com](https://www.franklinwater.com/products/submersible-motors-and-control-boxes/4-inch-submersible-motors/4-inch-induction-motor/4-inch-2-wire-single-phase-models--sku-collection/2445049004gs/)
27. [www.franklinfueling.com](https://www.franklinfueling.com/en/landing-pages/history/)
28. [www.littlegiant.com](https://www.littlegiant.com/about-us/about-little-giant/)
29. [www.marketscreener.com](https://www.marketscreener.com/quote/stock/FRANKLIN-ELECTRIC-CO-INC-9281/news/Franklin-Electric-Co-Franklin-Electric-Announces-Acquisition-Of-A-Majority-Stake-In-Pioneer-Pump-14203245/)
30. [www.headwaterco.com](https://www.headwaterco.com/more/news/2017/franklin-electric-acquires-u.s.-groundwater-distribution-companies)
31. [www.franklin-electric.com](https://www.franklin-electric.com/company/news/2020/franklin-electric-acquires-water-treatment-company/)
32. [www.franklin-electric.com](https://www.franklin-electric.com/company/news/2021/franklin-electric-acquires-us-groundwater-distribution-company/)
33. [FRANKLIN ELECTRIC CO INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=T1508101)
34. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/38725/000003872525000084/fele-20250331.htm)
35. [www.franklin-electric.com](https://www.franklin-electric.com/company/news/2025/franklin-electric-announces-acquisition-of-pumpeng-australia/)
36. [www.franklin-electric.com](https://www.franklin-electric.com/company/news/2026/franklin-electric-acquires-cat-pumps-expanding-commercial-and-industrial-flow-control-platform/)

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