Company / R&D Expense
Franklin Electric R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$20.0M
FY2025
5-year range
$16.7M / $21.5M
FY2021-FY2025
Trend
-7.0%
vs FY2024
Sector context
#139 of 174
Industrials
What the data says
Franklin Electric's r&d expense of $20M is lower than 80% of companies in the Industrials sector (FY2025). R&D Expense has fluctuated over the past 10 years, ranging from $17M in FY2022 to $22M in FY2018.
Based on SEC 10-K filings.
$20M in FY2025 with a 5-year CAGR of -1.6%.
Improved from $18M to $20M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +6.2%
- 5-Year CAGR
- -1.6%
- 10-Year CAGR
- -
Sector benchmark
Bottom 20% in IndustrialsTop 80% of 174This company $20.0M Sector average $273.7M
▼
-92.7% below sector average
Key checks
Key Insights
- 5-year CAGR of -1.6%, indicating a declining trend.
- In FY2025, r&d expense decreased 7.0% year-over-year.
- Ranks #139 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2018.
Company context
Key Data Points
- Altman Z-Score 3.12 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $20.0M | -7.0% |
| FY2024 | $21.5M | +21.5% |
| FY2023 | $17.7M | +6.0% |
| FY2022 | $16.7M | -3.5% |
| FY2021 | $17.3M | -20.3% |
| FY2020 | $21.7M | +4.3% |
| FY2019 | $20.8M | -5.9% |
| FY2018 | $22.1M | +6.3% |
| FY2017 | $20.8M | -3.3% |
| FY2016 | $21.5M | +16.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026