Bel Fuse Inc (BELFB)
Bel Fuse Inc. designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. It operates in three product groups: Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, defence, commercial aerospace, transportation, and e-Mobility industries. It provides power solutions and protection products, including front-end power supplies, board-mount power products, industrial and transportation power products, military, aerospace and defense products, external power products, and circuit protection products. The company offers connectivity solutions, such as expanded beam fiber optic connectors, cable assemblies, and active optical devices; copper-based connectors/cable assemblies; radio frequency connectors, cable assemblies, microwave devices, and low loss cables; and ethernet, I/O, and industrial and power connectivity products. In addition, it provides magnetic solutions comprising integrated connector modules, power transformers, SMD power inductors and SMPS transformers, and discrete components-ethernet. The company sells its products through direct strategic account managers, regional sales managers working with independent sales representative organizations, and authorized distributors North America, Europe, Middle East, and Asia. Bel Fuse Inc. was incorporated in 1949 and is headquartered in West Orange, New Jersey.
- Symbol
- BELFB
- Exchange
- Nasdaq
- Sector
- Technology
- Industry
- Electronic Components
- Market cap
- $3.67B
- 52 week range
- 129.94 - 335.29
Valuation
- Share price
- $254.08 (close of 2026-09-23)
- P/E (TTM)
- 62.86x
- Price to book
- 4.03x
- Price to free cash flow
- 50.03x
- Enterprise value
- $3.40B
- Book value per share
- $62.98
Price performance
| Period | Change |
|---|
| 1 day | +4.36% |
| 5 days | +9.64% |
| 1 month | -0.54% |
| 3 months | -11.97% |
| 6 months | +18.19% |
| Year to date | +49.78% |
| 1 year | +73.09% |
| 3 years | +462.12% |
| 5 years | +1935.89% |
| 10 years | +944.74% |
| All time | +2538.42% |
Profitability and growth
- Return on equity
- 14.46%
- Return on invested capital
- 15.29%
- Return on assets
- 6.58%
- Return on capital employed
- 13.74%
- Gross margin
- 39.15%
- Net margin
- 9.11%
- EBITDA margin
- 20.37%
- Revenue growth
- 26.30%
- Net income growth
- 50.23%
- Free cash flow growth
- 14.43%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 2.00%
- Current ratio
- 4.48x
- Net debt to EBITDA
- -2.08x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $675.46M
- Cost of revenue
- $411.04M
- Gross profit
- $264.42M
- EBITDA
- $137.59M
- Net income
- $61.54M
- Earnings per share
- $4.65
- Research and development
- $30.87M
- Shares outstanding
- 13.23M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $675.46M | $264.42M | $61.54M | $4.65 |
| 2024-12-31 | $534.79M | $202.36M | $40.96M | $3.10 |
| 2023-12-31 | $639.81M | $215.85M | $73.83M | $5.52 |
| 2022-12-31 | $654.23M | $183.45M | $52.69M | $4.01 |
| 2021-12-31 | $543.49M | $134.38M | $24.82M | $1.90 |
| 2020-12-31 | $465.77M | $119.73M | $12.79M | $0.00 |
| 2019-12-31 | $492.41M | $109.97M | $-8.74M | $-0.71 |
| 2018-12-31 | $548.18M | $139.26M | $20.71M | $1.62 |
| 2017-12-31 | $491.61M | $102.35M | $-11.90M | $0.00 |
| 2016-12-31 | $500.15M | $99.91M | $-64.83M | $-5.25 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 39.15% | 9.11% | 14.46% | 15.29% |
| 2024-12-31 | 37.84% | 7.66% | 11.36% | 8.46% |
| 2023-12-31 | 33.74% | 11.54% | 21.68% | 23.66% |
| 2022-12-31 | 28.04% | 8.05% | 20.08% | 19.04% |
| 2021-12-31 | 24.73% | 4.57% | 11.89% | 10.16% |
| 2020-12-31 | 25.71% | 2.75% | 6.89% | 8.04% |
| 2019-12-31 | 22.33% | -1.78% | -5.20% | -0.62% |
| 2018-12-31 | 25.40% | 3.78% | 11.74% | 10.15% |
| 2017-12-31 | 20.82% | -2.42% | -7.53% | 4.11% |
| 2016-12-31 | 19.98% | -12.96% | -40.92% | -25.98% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $57.80M | $197.50M |
| 2024-12-31 | $68.25M | $287.50M |
| 2023-12-31 | $89.37M | $60.00M |
| 2022-12-31 | $70.27M | $95.00M |
| 2021-12-31 | $61.76M | $112.50M |
| 2020-12-31 | $84.94M | $110.29M |
| 2019-12-31 | $72.29M | $138.22M |
| 2018-12-31 | $53.91M | $111.70M |
| 2017-12-31 | $69.35M | $120.05M |
| 2016-12-31 | $73.41M | $129.85M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $68.61M | $6.81M |
| 2024-12-31 | $59.96M | $3.74M |
| 2023-12-31 | $96.22M | $3.49M |
| 2022-12-31 | $31.43M | $2.38M |
| 2021-12-31 | $-4.76M | $2.30M |
| 2020-12-31 | $40.63M | $2.32M |
| 2019-12-31 | $14.56M | $2.89M |
| 2018-12-31 | $-1.50M | $2.83M |
| 2017-12-31 | $17.70M | $3.03M |
| 2016-12-31 | $30.38M | $2.82M |
Dividend history
- Most recent payment
- 2026-07-15
- Paid in the last twelve months
- $0.28
| Payment date | Dividend per share |
|---|
| 2026-07-15 | $0.07 |
| 2026-04-15 | $0.07 |
| 2026-01-15 | $0.07 |
| 2025-10-15 | $0.07 |
| 2025-07-15 | $0.07 |
| 2025-04-15 | $0.07 |
| 2025-01-15 | $0.07 |
| 2024-10-15 | $0.07 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-04
- Consensus EPS estimate
- $2.14
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-29 | Jun/2026 | $2.12 |
| 2026-04-29 | - | - |
| 2026-02-17 | - | - |
| 2025-10-29 | - | - |
| 2025-07-24 | - | - |
| 2025-04-24 | - | - |
| 2025-02-18 | - | - |
| 2024-10-23 | - | - |
Filings and sources
- Company website
- belfuse.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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