Franklin Tax Provision from 2010 to 2024

FELE Stock  USD 108.04  0.87  0.81%   
Franklin Electric's Tax Provision is increasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 30.7 M. Tax Provision is the amount set aside by Franklin Electric Co to cover any estimated taxes for the current period. It reflects Franklin Electric's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
17.6 M
Current Value
17 M
Quarterly Volatility
4.6 M
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Franklin Electric Co over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Franklin Electric's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Franklin Tax Provision Regression Statistics

Arithmetic Mean22,977,051
Geometric Mean20,376,417
Coefficient Of Variation53.31
Mean Deviation9,703,661
Median20,836,000
Standard Deviation12,248,262
Sample Variance150T
Range35.4M
R-Value0.82
Mean Square Error51.7T
R-Squared0.68
Significance0.0002
Slope2,258,498
Total Sum of Squares2100.3T

Franklin Tax Provision History

202430.7 M
202348 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 Tax Provision, 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
Tax Provision48 M30.7 M

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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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
3.93
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.