FELE
Franklin Electric Co., Inc.
FELE has the edge over RDW overall, supported by lower modeled downside and stronger valuation.
RDW
Redwire Corporation
RDW offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
FELE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Healthy |
FELE's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
FELE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $97.63 | — |
| Current | 22x | $97.63 | — |
| Cheap | 23x | $100 | +2.6% |
| Fair | 25x | $113 | +16% |
| Expensive | 32x | $140 | +44% |
Historical ranges are pointers, not guarantees.
FELE's PE is in its cheap range at 22x. If earnings grow as analysts expect, today's price would be 19x next year's earnings.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
FELE Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for FELE, with profitability holding steady.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over FELE on the outlook, with more favorable profitability expectations.
FELE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.22 | +17% |
| Q3 2026 | $4.45 | +44% |
| Q2 2026 | $3.47 | -11% |
| Q1 2026 | $3.32 | -13% |
| Q4 2025 | $3.22 | -17% |
| Q3 2025 | $3.08 | -22% |
| Q2 2025 | $3.88 | -3.2% |
| Q1 2025 | $3.83 | -4.7% |
| Q4 2024 | $3.86 | -6.1% |
FELE has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
FELE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $633.6M | +8.9% |
| Q2 2026 | $622.9M | +6% |
| Q1 2026 | $500.4M | +9.9% |
| Q4 2025 | $506.9M | +4.3% |
| Q3 2025 | $581.7M | +9.5% |
| Q2 2025 | $587.4M | +8.1% |
| Q1 2025 | $455.2M | -1.2% |
| Q4 2024 | $485.7M | +2.7% |
FELE's revenue has grown year over year for six quarters in a row: $634M last quarter, up 8.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | -1 points |
| Q2 2026 | 15% | 0 points |
| Q1 2026 | 9.6% | -0.1 points |
| Q4 2025 | 10% | +1.3 points |
| Q3 2025 | 15% | +0.8 points |
| Q2 2025 | 15% | +0.4 points |
| Q1 2025 | 9.7% | -0.7 points |
| Q4 2024 | 8.9% | -1.9 points |
FELE has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW's revenue has grown year over year for five quarters in a row: $109M last quarter, up 5.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
FELE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $66.5M | -27% |
| Q2 2026 | $88.7M | +122% |
| Q1 2026 | -$50.4M | -$24.1M |
| Q4 2025 | $88.7M | -9% |
| Q3 2025 | $91.3M | -14% |
| Q2 2025 | $39.9M | +53% |
| Q1 2025 | -$26.3M | -$15.8M |
| Q4 2024 | $97.5M | -7.9% |
FELE has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
FELE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -100K shares |
| 1 year | -0.9% | -400K shares |
| 3 years | -4.9% | -2.3M shares |
| 5 years | -5.1% | -2.4M shares |
| Available history | -4.7% | -2.2M shares |
FELE has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6.6M |
| Q2 2026 | $5.1M |
| Q1 2026 | $13.2M |
| Q4 2025 | $36.2M |
| Q3 2025 | $94,000 |
| Q2 2025 | $122.4M |
| Q1 2025 | $6.9M |
| Q4 2024 | $4.1M |
FELE spent $61M buying back its own shares over the past year, down 54% from the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
FELE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.2x | Healthy |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.4x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.6x | Very low |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | -0.3x | Net Cash |
FELE's net debt is about 1.1 years of its operating earnings (EBITDA), up from less than a year a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
FELE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.0 | Neutral |
| Stochastic | 12.7 | Oversold |
FELE's weekly RSI is 47 (neutral) and its Stochastic is 13 (oversold).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
FELE PE vs Industrials Sector
| Metric | FELE | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 24x | 8.8% below |
| PE % | 9 | 58 | 49 pts below |
FELE is trading at 22x earnings, in line with the Industrials sector's median of 24x.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
FELE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.4 | 0.2% above |
| 20 week MA | $100.8 | 3.2% below |
| 50 week MA | $99.7 | 2% below |
| 100 week MA | $96.9 | 0.8% above |
| 200 week MA | $97.0 | 0.7% above |
FELE has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
FELE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $56.8 | $70.0 | +23% |
| 2021 | $70.0 | $91.4 | +31% |
| 2022 | $91.4 | $80.0 | -13% |
| 2023 | $80.0 | $96.7 | +21% |
| 2024 | $96.7 | $98.0 | +1.3% |
| 2025 | $98.0 | $99.2 | +1.3% |
| 2026 YTD | $99.2 | $97.6 | -1.6% |
FELE has finished higher in five of the last six years. It's down 1.6% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over FELE on returns for 2026, with the stronger performance.