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Franklin Covey

OverviewSuggest Edit

Franklin Covey is a company providing training and consulting services in the areas of leadership, productivity, execution, trust, sales performance, customer loyalty, and education. The business is structured around 2 divisions: Enterprise and Education. The Enterprise division offers subscription service that enables corporations, governments, not-for-profits, and other related organizations to access the offerings, such as The 7 Habits of Highly Effective People, The 5 Choices to Extraordinary Productivity, and custom solutions that fit organizational or individual training needs, through an electronic portal. The Education division offers Leader in Me, an online membership service that provides access to student leadership guides, leadership lessons, illustrated leadership stories, and a variety of other resources.
TypePublic
Founded1997
HQWest Valley City, UT, USMap
Websitefranklincovey.com
Employee Ratings4.2More
Overall CultureA+More
View Jobs (36)

Recent NewsAll News

Latest Updates

Employees (est.) (Aug 2019)940(+6%)
Job Openings36
Revenue (FY, 2019)$225.4 M(+8%)
Share Price (Mar 2021)$28.3(+2%)
Cybersecurity ratingBMore

Key People/Management at Franklin Covey

Robert A. Whitman

Robert A. Whitman

Chair and Chief Executive Officer
Stephen D. Young

Stephen D. Young

Chief Financial Officer and Corporate Secretary
Sean Covey

Sean Covey

President, FranklinCovey Education
Paul Walker

Paul Walker

President, COO and President Enterprise Division
Todd Davis

Todd Davis

Executive Vice President and Chief People Officer
Scott Miller

Scott Miller

Executive Vice President, Thought Leadership and Chief Marketing Officer
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Franklin Covey Office Locations

Franklin Covey has offices in West Valley City, Des Moines, Beijing, Guangzhou Shi and in 5 other locations
West Valley City, UT, US (HQ)
2200 Parkway Blvd
Des Moines, IA, US
3600 Army Post Rd
Beijing, CN
118 Jianguo Rd, Jian Wai Da Jie, Chaoyang Qu
Guangzhou Shi, CN
85 Huacheng Ave, Tianhe Qu
Shanghai, CN
381 Huaihai Road, Huai Hai Lu Dong Duan, Huangpu Qu
München, DE
Friedenheimer Brücke 16
Show all (10)

Franklin Covey Financials and Metrics

Franklin Covey Revenue

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Franklin Covey's revenue was reported to be $225.36 m in FY, 2019 which is a 7.4% increase from the previous period.
USD

Revenue (Q1, 2021)

48.3m

Gross profit (Q1, 2021)

36.4m

Gross profit margin (Q1, 2021), %

75.3%

Net income (Q1, 2021)

(892.0k)

EBIT (Q1, 2021)

(169.0k)

Market capitalization (31-Mar-2021)

397.1m

Closing stock price (31-Mar-2021)

28.3

Cash (30-Nov-2020)

34.3m

EV

383.9m
Franklin Covey's current market capitalization is $397.1 m.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

185.3m209.8m225.4m

Revenue growth, %

(7%)13%7%

Cost of goods sold

62.6m61.5m66.0m

Gross profit

122.7m148.3m159.3m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

39.8m42.2m43.8m47.9m46.5m50.5m53.8m50.4m56.0m58.6m53.7m37.1m48.3m

Cost of goods sold

14.5m14.2m16.4m15.1m13.8m15.5m17.0m15.0m16.3m16.6m15.1m10.3m11.9m

Gross profit

25.3m28.0m27.3m32.9m32.7m34.9m36.8m35.4m39.7m42.0m38.7m26.8m36.4m

Gross profit Margin, %

64%66%62%69%70%69%68%70%71%72%72%72%75%
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

8.9m10.2m27.7m

Accounts Receivable

66.3m71.9m73.2m

Prepaid Expenses

3.6m3.9m3.9m

Inventories

3.4m3.2m3.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

7.9m10.7m8.0m8.1m10.8m11.8m11.1m13.1m10.9m32.8m24.8m37.0m34.3m

Accounts Receivable

54.7m46.5m48.5m50.2m48.7m51.0m55.6m50.6m52.1m53.2m48.7m38.6m43.1m

Prepaid Expenses

8.1m8.6m9.2m12.6m12.0m11.3m13.8m12.9m13.0m14.1m15.5m13.3m15.4m

Inventories

5.1m4.8m3.4m3.3m3.5m3.7m2.9m2.8m3.1m3.2m2.8m3.1m2.7m
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(7.2m)(5.9m)(1.0m)

Depreciation and Amortization

7.4m10.5m11.4m

Inventories

1.6m157.0k(260.0k)

Accounts Payable

1.4m1.7m2.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(4.0m)(7.3m)(11.8m)(2.4m)(5.1m)(7.7m)(1.4m)(4.9m)(6.9m)(544.0k)553.0k(10.4m)(892.0k)

Depreciation and Amortization

1.6m3.2m5.0m2.3m5.1m7.7m2.8m5.8m8.6m2.8m5.6m8.4m

Inventories

(191.0k)127.0k1.5m26.0k(157.0k)(401.0k)233.0k402.0k158.0k328.0k681.0k377.0k309.0k

Accounts Payable

(6.6m)(5.4m)(4.4m)(8.1m)(2.3m)(4.5m)(5.1m)(6.3m)(2.8m)(9.3m)(7.0m)(11.1m)(2.7m)
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USDQ1, 2017

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2 x
Show all financial metrics

Franklin Covey Operating Metrics

Franklin Covey's Enterprise Customers was reported to be 5.1 k in FY, 2016.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Countries (Offices)

669

Countries Covered

150150140

Enterprise Customers

4.3 k4.3 k5.1 k

Trademarks

510525550580220230
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Franklin Covey Acquisitions / Subsidiaries

Company NameDateDeal Size
JhanaJuly 12, 2017
Robert Gregory PartnersMay 25, 2017
Franklin Covey Austria GmbH (Austria)
Franklin Covey Business Consultation Beijing Ltd. (China)
Franklin Covey Business Consulting Shanghai Ltd. (China)
Franklin Covey Canada
Franklin Covey Client Sales
Franklin Covey de Mexico, S. de R.L. de C.V. (Mexico)
Franklin Covey Europe
Franklin Covey Germany GmbH (Germany)
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Franklin Covey Revenue Breakdown

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Franklin Covey revenue breakdown by business segment: 71.9% from Direct Offices, 22.3% from Education and 5.9% from International Licensees

Franklin Covey revenue breakdown by geographic segment: 6.0% from China, 74.0% from United States, 6.3% from Japan and 13.7% from Other

Franklin Covey Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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Franklin Covey Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Franklin Covey Online and Social Media Presence

Franklin Covey's Trends

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Franklin Covey Company Culture

  • Overall Culture

    A+

    99/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Franklin Covey News and Updates

August 27, 2020

Corporate Leadership Training Market Next Big Thing | Major Giants American Management Association, Cegos, Dale Carnegie Training, Franklin Covey

An extensive elaboration of the Global Corporate Leadership Training market strategy of the industry players in the precision of Size, Status and Growth Opportunities by 2025. Posted via Industry Today. Follow us on Twitter @IndustryToday
June 27, 2018

Franklin Covey Company (FC) CEO Bob Whitman on Q3 2018 Results - Earnings Call Transcript

June 27, 2018

Franklin Covey Company 2018 Q3 - Results - Earnings Call Slides

April 05, 2018

Franklin Covey's (FC) CEO Bob Whitman on Q2 2018 Results - Earnings Call Transcript

April 04, 2018

Franklin Covey Company 2018 Q2 - Results - Earnings Call Slides

 Franklin Covey Frequently Asked Questions

  • When was Franklin Covey founded?

    Franklin Covey was founded in 1997.

  • Who are Franklin Covey key executives?

    Franklin Covey's key executives are Robert A. Whitman, Stephen D. Young and Sean Covey.

  • How many employees does Franklin Covey have?

    Franklin Covey has 940 employees.

  • What is Franklin Covey revenue?

    Latest Franklin Covey annual revenue is $225.4 m.

  • What is Franklin Covey revenue per employee?

    Latest Franklin Covey revenue per employee is $239.7 k.

  • Who are Franklin Covey competitors?

    Competitors of Franklin Covey include SkillSoft, Center for Creative Leadership and DDI (Development Dimensions International).

  • Where is Franklin Covey headquarters?

    Franklin Covey headquarters is located at 2200 Parkway Blvd, West Valley City.

  • Where are Franklin Covey offices?

    Franklin Covey has offices in West Valley City, Des Moines, Beijing, Guangzhou Shi and in 5 other locations.

  • How many offices does Franklin Covey have?

    Franklin Covey has 10 offices.