Franklin Income Tax Expense from 2010 to 2024

FELE Stock  USD 98.90  1.05  1.07%   
Franklin Electric's Income Tax Expense is increasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 49.9 M this year. During the period from 2010 to 2024 Franklin Electric Income Tax Expense annual values regression line had geometric mean of  24,093,725 and mean square error of 93.3 T. View All Fundamentals
 
Income Tax Expense  
First Reported
1990-03-31
Previous Quarter
17.6 M
Current Value
17 M
Quarterly Volatility
3.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Franklin Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Franklin Electric's main balance sheet or income statement drivers, such as Depreciation And Amortization of 54.9 M, Interest Expense of 12.4 M or Total Revenue of 2.2 B, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.015 or PTB Ratio of 2.49. Franklin financial statements analysis is a perfect complement when working with Franklin Electric Valuation or Volatility modules.
  
Check out the analysis of Franklin Electric Correlation against competitors.

Latest Franklin Electric's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Franklin Electric Co over the last few years. It is Franklin Electric's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Franklin Electric's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Franklin Income Tax Expense Regression Statistics

Arithmetic Mean27,303,097
Geometric Mean24,093,725
Coefficient Of Variation47.41
Mean Deviation10,104,249
Median24,798,000
Standard Deviation12,945,536
Sample Variance167.6T
Range43.9M
R-Value0.70
Mean Square Error93.3T
R-Squared0.48
Significance0
Slope2,012,276
Total Sum of Squares2346.2T

Franklin Income Tax Expense History

202449.9 M
202347.5 M
202246.4 M
202134.7 M
202022.5 M
201920.8 M
201814.9 M

About Franklin Electric Financial Statements

Franklin Electric stakeholders use historical fundamental indicators, such as Franklin Electric's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Franklin Electric investors may analyze each financial statement separately, they are all interrelated. For example, changes in Franklin Electric's assets and liabilities are reflected in the revenues and expenses on Franklin Electric's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Franklin Electric Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense47.5 M49.9 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Franklin Electric is a strong investment it is important to analyze Franklin Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin Electric's future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports:
Check out the analysis of Franklin Electric Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Electric. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
0.975
Earnings Share
3.96
Revenue Per Share
43.688
Quarterly Revenue Growth
(0.01)
The market value of Franklin Electric is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Electric's market value can be influenced by many factors that don't directly affect Franklin Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.