FRANKLIN ELECTRIC CO INC Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Franklin Electric Co Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Franklin Electric Co Inc Operating Margin for the quarter ending June 30, 2024 was 12.7 %, a 1.4% decline year-over-year.
  • Franklin Electric Co Inc annual Operating Margin for 2023 was 12.7 %, a 0.95% increase from 2022.
  • Franklin Electric Co Inc annual Operating Margin for 2022 was 12.6 %, a 10.5% increase from 2021.
  • Franklin Electric Co Inc annual Operating Margin for 2021 was 11.4 %, a 8.79% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 12.7 +0.12 +0.95% Jan 1, 2023 Dec 31, 2023
2022 12.6 +1.2 +10.5% Jan 1, 2022 Dec 31, 2022
2021 11.4 +0.92 +8.79% Jan 1, 2021 Dec 31, 2021
2020 10.5 +0.79 +8.17% Jan 1, 2020 Dec 31, 2020
2019 9.67 -0.5 -4.92% Jan 1, 2019 Dec 31, 2019
2018 10.2 +0.64 +6.71% Jan 1, 2018 Dec 31, 2018
2017 9.53 -2.27 -19.2% Jan 1, 2017 Dec 31, 2017
2016 11.8 Jan 3, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.