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Franklin Electric vs 374Water: revenue, profit, margins and growth compared

Franklin Electric brought in $2.1B of revenue in fiscal 2025, 374Water $215K in fiscal 2025. Revenue changed by +5.4% at Franklin Electric and -51.7% at 374Water on the year before, so Franklin Electric grew faster. Franklin Electric kept 6.9% of its revenue as net profit, 374Water -9,754.2%. Free cash flow was $193.5M at Franklin Electric and -$16.2M at 374Water.

Side by side, latest fiscal year

FELESCWO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.1B$215K
Revenue growth+5.4%-51.7%
Net income$147.1M-$21M
Net margin6.9%-9,754.2%
Free cash flow$193.5M-$16.2M
Free cash flow margin9.1%-7,544.9%
Earnings per share (diluted)$3.22-$1.38
Cash$99.7M$3.2M
Debt$135.2Mn/a
Price to earnings30.1n/a
Market value$4.3B$53.3M
Dividend yieldn/an/a
Rank by revenue in sector#343 of 778 · Consumer discretionary#775 of 778 · Consumer discretionary

Over the years

Revenue
FELE FY2018: $1.3BFELE FY2019: $1.3BFELE FY2020: $1.2BFELE FY2021: $1.7BFELE FY2022: $2BFELE FY2023: $2.1BFELE FY2024: $2BFELE FY2025: $2.1BSCWO FY2018: $190.1KSCWO FY2019: $24KSCWO FY2020: $86.6KSCWO FY2021: $48.1KSCWO FY2022: $3MSCWO FY2023: $744KSCWO FY2024: $445.4KSCWO FY2025: $215KFY18FY19FY20FY21FY22FY23FY24FY25
FELE $2.1BSCWO $215K
Net income
FELE FY2018: $105.9MFELE FY2019: $95.5MFELE FY2020: $100.5MFELE FY2021: $153.9MFELE FY2022: $187.3MFELE FY2023: $193.3MFELE FY2024: $180.3MFELE FY2025: $147.1MSCWO FY2018: -$679.1KSCWO FY2019: -$514.9KSCWO FY2020: $40.3KSCWO FY2021: -$3.2MSCWO FY2022: -$4.7MSCWO FY2023: -$8.1MSCWO FY2024: -$12.4MSCWO FY2025: -$21MFY18FY19FY20FY21FY22FY23FY24FY25
FELE $147.1MSCWO -$21M
Net margin
FELE FY2018: 8.2%FELE FY2019: 7.3%FELE FY2020: 8.1%FELE FY2021: 9.3%FELE FY2022: 9.2%FELE FY2023: 9.4%FELE FY2024: 8.9%FELE FY2025: 6.9%SCWO FY2018: -357.2%SCWO FY2019: -2,145.5%SCWO FY2020: 46.6%SCWO FY2021: -6,579.2%SCWO FY2022: -155.5%SCWO FY2023: -1,089.3%SCWO FY2024: -2,791.4%SCWO FY2025: -9,754.2%FY18FY19FY20FY21FY22FY23FY24FY25
FELE 6.9%SCWO -9,754.2%
Revenue growth
FELE FY2019: +1.3%FELE FY2020: -5.1%FELE FY2021: +33.2%FELE FY2022: +23.0%FELE FY2023: +1.0%FELE FY2024: -2.1%FELE FY2025: +5.4%SCWO FY2019: -87.4%SCWO FY2020: +260.7%SCWO FY2021: -44.4%SCWO FY2022: +6,169.3%SCWO FY2023: -75.3%SCWO FY2024: -40.1%SCWO FY2025: -51.7%FY19FY20FY21FY22FY23FY24FY25
FELE +5.4%SCWO -51.7%
Free cash flow
FELE FY2018: $106MFELE FY2019: $155.8MFELE FY2020: $189MFELE FY2021: $99.6MFELE FY2022: $59.8MFELE FY2023: $274.3MFELE FY2024: $219.7MFELE FY2025: $193.5MSCWO FY2020: $64.8KSCWO FY2021: -$1.8MSCWO FY2022: -$5.1MSCWO FY2023: -$9.1MSCWO FY2024: -$11.1MSCWO FY2025: -$16.2MFY18FY19FY20FY21FY22FY23FY24FY25
FELE $193.5MSCWO -$16.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Franklin Electric and 374Water

Which is bigger by revenue, Franklin Electric or 374Water?

Franklin Electric is bigger by revenue: $2.1B in fiscal 2025, against $215K for 374Water in fiscal 2025.

Which keeps more of its revenue as profit, Franklin Electric or 374Water?

Franklin Electric had a net margin of 6.9% in fiscal 2025; 374Water had -9,754.2% in fiscal 2025.

Which grew revenue faster, Franklin Electric or 374Water?

In their latest fiscal years revenue changed by +5.4% at Franklin Electric and -51.7% at 374Water.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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