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, US
Websitefranklincovey.com
Employee Ratings4
Overall CultureB+

Latest Updates

Employees (est.) (Aug 2020)1,000(+7%)
Job Openings92
Revenue (FY, 2021)$224.2 M(+13%)
Share Price (May 2022)$37.3(+3%)
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Franklin Covey

Robert A. Whitman

Robert A. Whitman

Chairman, Chief Executive Officer
Paul Walker

Paul Walker

Chief Executive Officer
Stephen D. Young

Stephen D. Young

Chief Financial Officer and Corporate Secretary
Sean Covey

Sean Covey

President, FranklinCovey Education
Colleen Dom

Colleen Dom

Executive Vice President and Chief Operations Officer
Mark Josie

Mark Josie

Senior Vice President, Business Outcomes
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Franklin Covey Office Locations

Franklin Covey has offices in West Valley City, Des Moines, Beijing, Guangzhou Shi and in 6 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
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Franklin Covey Financials and Metrics

Franklin Covey Revenue

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Franklin Covey's revenue was reported to be $224.17 m in FY, 2021 which is a 13% increase from the previous period.
USD

Revenue (Q1, 2022)

61.3m

Gross profit (Q1, 2022)

47.6m

Gross profit margin (Q1, 2022), %

77.7%

Net income (Q1, 2022)

3.8m

EBIT (Q1, 2022)

5.5m

Market capitalization (13-May-2022)

532.5m

Closing stock price (13-May-2022)

37.3

Cash (30-Nov-2021)

51.3m

EV

512.2m
Franklin Covey's current market capitalization is $532.5 m.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

225.4m198.5m224.2m

Revenue growth, %

7%(12%)13%

Cost of goods sold

66.0m53.1m51.3m

Gross profit

159.3m145.4m172.9m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

58.6m53.7m37.1m48.3m48.2m58.7m61.3m

Cost of goods sold

16.6m15.1m10.3m11.9m10.8m12.8m13.7m

Gross profit

42.0m38.7m26.8m36.4m37.3m45.9m47.6m

Gross profit Margin, %

72%72%72%75%78%78%78%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

27.7m27.1m47.4m

Accounts Receivable

73.2m56.4m70.7m

Prepaid Expenses

3.9m3.6m3.3m

Inventories

3.5m3.0m2.5m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

32.8m24.8m37.0m34.3m40.3m35.8m51.3m

Accounts Receivable

53.2m48.7m38.6m43.1m41.5m44.5m51.7m

Prepaid Expenses

14.1m15.5m13.3m15.4m15.8m15.3m16.2m

Inventories

3.2m2.8m3.1m2.7m2.6m2.7m2.6m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(1.0m)(9.4m)13.6m

Depreciation and Amortization

11.4m11.3m11.2m

Inventories

(260.0k)552.0k463.0k

Accounts Payable

2.9m(5.5m)14.4m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

(544.0k)(553.0k)(10.4m)(892.0k)(938.0k)11.8m3.8m

Depreciation and Amortization

2.8m5.6m8.4m2.9m5.7m8.4m2.7m

Inventories

328.0k681.0k377.0k309.0k346.0k322.0k(92.0k)

Accounts Payable

(9.3m)(7.0m)(11.1m)(2.7m)(244.0k)4.6m(9.8m)
USDFY, 2019

EV/EBIT

197.9 x

EV/CFO

17.3 x

Revenue/Employee

239.7k

Financial Leverage

2.7 x

P/E Ratio

(525.6)
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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

Franklin Covey Acquisitions / Subsidiaries

Company NameDateDeal Size
JhanaJuly 12, 2017
Robert Gregory PartnersMay 25, 2017
Franklin Covey Austria GmbH (Austria)
Franklin Covey Austria GmbH (Austria) 
Franklin Covey Business Consultation Beijing Ltd. (China)
Franklin Covey Business Consulting Shanghai Ltd. (China)
Franklin Covey Canada
Franklin Covey Canada, Ltd. (a Canada corporation)
Franklin Covey Client Sales
Franklin Covey Client Sales, Inc. (a Utah corporation)
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Franklin Covey Revenue Breakdown

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Franklin Covey revenue breakdown by business segment: 71.2% from Direct Offices, 21.8% from Education and 7.0% from Other

Franklin Covey revenue breakdown by geographic segment: 81.6% from Americas, 5.6% from Europe/Middle East /Africa and 12.8% from Asia Pacific

Franklin Covey Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Franklin Covey Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Franklin Covey Online and Social Media Presence

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Franklin Covey Company Culture

  • Overall Culture

    B+

    75/100

  • CEO Rating

    A+

    86/100

  • Compensation

    C

    66/100

Learn more on Comparably

Franklin Covey News and Updates

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

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, Paul Walker and Stephen D. Young.

  • How many employees does Franklin Covey have?

    Franklin Covey has 1,000 employees.

  • What is Franklin Covey revenue?

    Latest Franklin Covey annual revenue is $224.2 m.

  • What is Franklin Covey revenue per employee?

    Latest Franklin Covey revenue per employee is $224.2 k.

  • Who are Franklin Covey competitors?

    Competitors of Franklin Covey include Gallup, Vistage and SkillSoft.

  • 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 6 other locations.

  • How many offices does Franklin Covey have?

    Franklin Covey has 11 offices.