Franklin Electric Co (FRA:FE4) Interest Coverage: 22.48 (As of Mar. 2026) — Near Median


FRA:FE4 Franklin Electric Co Inc FRA:FE4
85 GF Score
Price €93.50
GF Value €91.99
! 3 Warning Signs
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What is Franklin Electric Co Interest Coverage?

Franklin Electric Co FRA:FE4 +2.75% 85 Interest Coverage is 22.48 as of Mar. 2026, which is 0% above its 10-year median of 22.43. GuruFocus rates FRA:FE4 with a GF Score™ of 85/100 and a GF Value™ of €91.99. The stock has 3 warning signs investors should review. Among 2,329 Industrial Products companies, Franklin Electric Co ranks better than 60.37% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Franklin Electric Co's Operating Income for the three months ended in Mar. 2026 was €45 Mil. Franklin Electric Co's Interest Expense for the three months ended in Mar. 2026 was €-2 Mil. Franklin Electric Co's interest coverage for the quarter that ended in Mar. 2026 was 22.48. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Franklin Electric Co's Interest Coverage or its related term are showing as below:

FRA:FE4' s Interest Coverage Range Over the Past 10 Years
Min: 10.81   Med: 22.43   Max: 39.11
Current: 24.87


FRA:FE4's Interest Coverage is ranked better than
60.37% of 2329 companies
in the Industrial Products industry
Industry Median: 14.79 vs FRA:FE4: 24.87

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Franklin Electric Co  (FRA:FE4) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Franklin Electric Co Interest Coverage Related Terms


Franklin Electric Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Franklin Electric Co's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Franklin Electric Co Interest Coverage Chart

Franklin Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.53 22.50 22.35 39.11 25.35

Franklin Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.60 31.48 24.38 20.42 22.48

FRA:FE4 vs SMR, MIR, CSW: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Franklin Electric Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Franklin Electric Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Franklin Electric Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Franklin Electric Co's Interest Coverage falls into.


FRA:FE4
85GF Score
Franklin Electric Co Inc FRA:FE4
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Franklin Electric Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Franklin Electric Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Franklin Electric Co's Interest Expense was €-9 Mil. Its Operating Income was €230 Mil. And its Long-Term Debt & Capital Lease Obligation was €155 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*230.319/-9.087
=25.35

Franklin Electric Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Franklin Electric Co's Interest Expense was €-2 Mil. Its Operating Income was €45 Mil. And its Long-Term Debt & Capital Lease Obligation was €156 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*44.943/-1.999
=22.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 22.48 mean?
Franklin Electric Co (FRA:FE4) has a Interest Coverage of 22.48 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Franklin Electric Co and its competitors. This is near median its historical median of 22.43. Over the past decade, Franklin Electric Co's Interest Coverage has ranged from 10.81 to 39.11. According to the industry distribution chart, Franklin Electric Co ranks #923 out of 2329 companies in the Industrial Products industry, placing it in the top 39.6%.
Is Franklin Electric Co's Interest Coverage too high?
Franklin Electric Co's current Interest Coverage of 22.48 is near median its 10-year median of 22.43. Over the past 10 years, this metric has ranged from a low of 10.81 to a high of 39.11. The Industrial Products industry median Interest Coverage is 14.79. Franklin Electric Co's value of 22.48 is 52% above this industry median. Based on the distribution chart, Franklin Electric Co ranks #923 out of 2329 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Franklin Electric Co has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Franklin Electric Co's Interest Coverage compare to SMR and MIR?
According to the Industrial Products industry distribution chart, Franklin Electric Co ranks #923 out of 2329 companies for Interest Coverage. This puts Franklin Electric Co in the upper half of its industry. The industry median Interest Coverage is 14.79. Franklin Electric Co's value of 22.48 is 52% above this benchmark. Historically, Franklin Electric Co's own Interest Coverage has ranged from 10.81 to 39.11 over the past decade. While the company's 10-year median is 22.43 vs. the industry median of 14.79, Franklin Electric Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.79, based on 2,329 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Franklin Electric Co's current Interest Coverage of 22.48 is 52% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Franklin Electric Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franklin Electric Co's current Interest Coverage is 22.48, which is near median its own 10-year median of 22.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Electric Co stock overvalued right now?
Franklin Electric Co (FRA:FE4) has a current Interest Coverage of 22.48. The stock's GF Value™ is €91.99, compared to a current price of €93.50 — trading 1.6% above its estimated fair value. The current Interest Coverage is 22.48, which is near median its 10-year median of 22.43 and 52% above the Industrial Products industry median of 14.79. Franklin Electric Co's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Franklin Electric Co (FRA:FE4), the current Interest Coverage is 22.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Franklin Electric Co (FRA:FE4) Overvalued in 2026?

Based on GuruFocus' analysis, Franklin Electric Co stock appears to be overvalued. The current stock price of €93.50 is trading 1.6% above its estimated GF Value™ of €91.99.

Key valuation signals for FRA:FE4:

  • Interest Coverage: 22.48 (near median its 10-year median of 22.43)
  • GF Value™: €91.99 vs. price of €93.50 (1.6% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 52% above the Industrial Products median (#923 of 2329)

No single metric tells the full story. See the FRA:FE4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Franklin Electric Co Business Description

Other Exchanges FELE:USA
Address 9255 Coverdale Road, Fort Wayne, IN, USA, 46809
Franklin Electric Co Inc designs, manufactures, and distributes water and fuel pumping systems, composed of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. It has three segments; The Water Systems segment designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater, The Energy Systems segment designs, manufactures and sells pumps, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in fueling system applications and the Distribution segment sells and provides presale support and specifications to the installing contractors.
85GF Score

Get the complete analysis for FRA:FE4

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€93.50
Price
€91.99
GF Value