Cash balance ended at $104.6 million with $186 million drawn on revolving credit; generated $52 million in operating cash flow versus $36 million prior year.
Consolidated operating income rose 11% to $88.1 million with a 15% operating margin, up from 14.6% the prior year.
Declared quarterly cash dividend of $0.265 per share payable August 21.
Distribution sales increased 5% with operating income up $6.3 million and margin improving 300 basis points to 8.1%.
Effective tax rate increased to 25% from 23% due to higher foreign earnings and less favorable discrete items.
Energy Systems sales rose 6% with operating income up to $29.1 million and margin improving 190 basis points to 37.5%.
Franklin Electric reported second quarter 2025 consolidated sales of $587.4 million, an 8% year-over-year increase driven by acquisitions, higher volume, and price across all segments.
Gross profit was $211.8 million, up from $199.8 million the prior year, with a gross margin of 36.1%, down 70 basis points year-over-year.
Purchased approximately 1.4 million shares for $120 million, with 1.1 million shares remaining authorized for repurchase.
SG&A expenses increased to $123.5 million due to acquisition-related costs but improved 120 basis points as a percentage of sales year-over-year excluding acquisitions.
Water Systems sales grew 8% with operating income slightly down due to mix and acquisition costs; operating margin was 18.1%, down 160 basis points.
Adjusted EPS increased 15% to $1.12 per share compared to the prior year.
DuPont reported second quarter sales of $3.3 billion, growing 2% organically year-over-year.
Electronics segment sales grew 6% organically to $1.2 billion, driven by volume growth in semiconductor technologies and Interconnect Solutions.
Free cash flow was $433 million with a conversion rate of 93%.
Industrials segment sales increased 1% organically to $2.1 billion, with Healthcare & Water up high single digits and diversified industrials down low single digits.
Operating EBITDA margin for Electronics was 31.9%, up 220 basis points, and for Industrials was 24.4%, up 50 basis points.
Operating EBITDA was $859 million, up 8% year-over-year, with a margin of 26.4%, an increase of 120 basis points.
Dafinchi