Saturday 10 October 2026 Export all BELFA data to Excel Powerpack

Bel Fuse Inc.

Bel Fuse Inc.’s revenue for fiscal 2025 (year ended December 2025) was $675.5 million, up 26.3% from fiscal 2024. In the quarter to June 2026, revenue grew 25.2%, EPS fell 11.3%, free cash flow fell 27.4% and total debt fell 28.2%, each against the same quarter a year earlier. Dividend growth for three consecutive years.

195.38 0.25 +0.13%

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Market cap: $3.4B
P/E: 49.8×
Fwd P/E: 32.7×
Dividend yield: 0.15%
F-score: 8/9
Altman Z: 4.31
Beneish M: −2.36
Dividend safety: 74/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 18.11

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	3	1	—	2	5	—	—	1	—	1	2	—

Insider Ownership 88.31%

Capital & Financial Ratios $m

Market Cap 3,410.00

Revenue 744.09

Net Income 77.96

Free Cash Flow 76.28

Net Debt (306.11)

Current Ratio 4.48

Debt/Equity 0.00

P/E ratio 49.84

Fwd P/E 32.70

P/S ratio 3.57

P/B ratio 2.92

Past 5Y EPS Growth 36.82%

This Y EPS Growth 37.58%

Next Y EPS Growth 13.10%

Next Y revenue growth 20.02%

Next 5Y EPS Growth 24.52%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 87.55%

10-year low 10-year high

P/S against its own 10 years 94.39%

10-year low 10-year high

P/B against its own 10 years 82.87%

10-year low 10-year high

EV/Sales against its own 10 years 93.32%

10-year low 10-year high

EV/FCF against its own 10 years 84.93%

10-year low 10-year high

Dividends

Payout Ratio 0.08

Annual Dividend Rate 0.30

Annual Dividend Yield 0.15%

	total	individual payouts
2026	0.24	0.06 0.06 0.06 0.06
2025	0.24	0.06 0.06 0.06 0.06
2024	0.24	0.06 0.06 0.06 0.06
2023	0.25	0.07 0.06 0.06 0.06
2022	0.25	0.06 0.06 0.06 0.07
2021	0.24	0.06 0.06 0.06 0.06
2020	0.24	0.06 0.06 0.06 0.06
2019	0.30	0.06 0.06 0.06 0.06 0.06
2018	0.30	0.06 0.06 0.06 0.06 0.06
2017	0.24	0.06 0.06 0.06 0.06
2016	0.24	0.06 0.06 0.06 0.06

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	127	69	58	306
Receivables	97	116	131	166
Inventory	137	161	167	200
Other	21	27	28	26
	381	374	385	699

	2023	2024	2025	Q'26
Payables	40	49	53	88
ST’ Debt	—	—	—	—
Other	9	18	17	15
	111	128	127	156

Compound Annual Growth %

	10y	5y	3y
Sales	1.76%	7.72%	1.07%
Cash Flow	2.05%	11.82%	26.04%
Earnings	12.35%	36.90%	5.31%
Book Value	6.20%	18.02%	17.49%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	178	211	—	—	—
’25	152	168	179	176	675
’24	128	133	124	150	535
’23	172	169	159	140	640
’22	137	171	178	169	654
’21	111	139	147	147	543
’20	104	121	124	116	466

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	14	18	—	—	—
’25	8	21	22	30	81
’24	6	32	27	8	74
’23	17	24	41	27	108
’22	(8)	19	13	16	40
’21	2	(4)	0	6	5
’20	8	9	18	11	46

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	11	16	—	—	—
’25	5	22	23	26	76
’24	3	31	24	3	61
’23	13	26	38	25	102
’22	(10)	17	13	13	33
’21	7	(5)	(1)	1	3
’20	6	8	16	14	45

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.86	1.79	—	—	—
’25	1.36	2.03	1.68	(0.42)	4.65
’24	1.19	1.43	0.61	(0.14)	3.09
’23	1.09	2.08	1.46	0.90	5.52
’22	0.38	1.30	1.27	1.06	4.01
’21	0.24	0.61	0.44	0.61	1.90
’20	(0.30)	0.43	0.57	0.27	0.97

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	9.69	18.80	12.85	9.10	6.08	12.38	14.35	29.82	51.00	53.95	Analyst estimates 2026–2028 Powerpack
	High	26.97	29.90	25.79	23.24	17.19	22.00	38.00	69.21	106.93	159.53
People
People	Employees	7,694	7,491	8,098	6,935	6,400	6,300	7,000	5,260	5,370	4,964
	Revenue/emp, $m	0.07	0.07	0.07	0.07	0.07	0.09	0.09	0.12	0.10	0.14
Income, $m
Income, $m	Revenue	500	492	548	492	466	543	654	640	535	675
	Gross margin, %	19.98	20.82	25.40	22.33	25.71	24.73	28.04	33.74	37.84	39.15
	EBT	(83)	10	24	(7)	12	27	59	83	62	95
	EBT margin, %	(16.51)	1.96	4.31	(1.48)	2.61	5.03	9.03	13.02	11.56	14.07
	Net income	(65)	(12)	21	(9)	13	25	53	74	49	74
	Depreciation	130	23	19	26	17	18	15	13	17	28
Per share, $
Per share, $	Revenue	41.95	40.86	45.25	40.09	37.78	43.82	52.18	50.08	42.39	53.44
	Earnings	(5.25)	(0.97)	1.62	(0.71)	0.97	1.90	4.01	5.52	3.09	4.65
	Cash flow	3.24	2.00	0.83	1.99	3.74	0.37	3.21	8.48	5.87	6.38
	Capex	(0.20)	(0.53)	(0.95)	(0.33)	(0.12)	(0.17)	(0.56)	(0.48)	(1.05)	(0.33)
	Free cash flow	3.04	1.48	(0.12)	1.66	3.62	0.21	2.65	8.00	4.82	6.05
	Book value	13.29	13.13	14.57	13.68	15.07	16.83	20.93	26.66	28.58	33.66
	Shares, m	12	12	12	12	12	12	13	13	13	13
Valuation, ×
Valuation, ×	P/E	0.00	0.00	8.54	0.00	13.69	7.89	7.99	11.47	29.15	32.65
	P/S	0.61	0.53	0.30	0.40	0.35	0.34	0.61	1.27	2.12	2.84
	P/B	1.92	1.66	0.94	1.18	0.88	0.89	1.53	2.38	3.15	4.51
	EV/Sales	0.74	0.64	0.41	0.55	0.42	0.45	0.66	1.17	2.56	3.06
	EV/FCF	10.27	17.77	(159.77)	13.28	4.36	95.54	13.07	7.35	22.48	27.05
Cash, $m
Cash, $m	Operating cash flow	39	24	10	24	46	5	40	108	74	81
	Capex	(2)	(6)	(12)	(4)	(2)	(2)	(7)	(6)	(13)	(4)
	Free cash flow	36	18	(1)	20	45	3	33	102	61	76
Balance, $m
Balance, $m	Working capital	163	179	184	193	193	217	245	271	245	257
	Total debt	141	123	114	144	116	113	95	60	292	198
	Net debt	68	53	60	71	31	51	25	(67)	223	140
	Shareholders’ equity	158	158	176	168	186	209	262	341	361	426
Returns, %
Returns, %	ROA	(12.90)	(2.77)	4.73	(1.92)	2.77	5.14	9.83	13.04	5.38	6.53
	ROIC	(21.13)	5.14	7.11	(0.42)	5.39	7.53	14.18	20.09	6.88	12.27
	ROE	(33.12)	(7.52)	12.38	(5.08)	7.23	12.58	22.37	24.49	11.68	15.66

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BELFA Bel Fuse Inc.	$3.4B	49.8×	32.7×	+25.18% (above 0%: growing)	−11.33% (below 0%: shrinking)	−27.35% (below 0%: shrinking)	39.85%	18.24%
BELFB Bel Fuse Inc.	$3.4B	59.1×	32.7×	+25.18% (above 0%: growing)	−11.68% (below 0%: shrinking)	−27.35% (below 0%: shrinking)	39.85%	18.24%	Compare
OLED Universal Display Corporation	$3.4B	18.1×	20.1×	−11.43% (below 0%: shrinking)	−24.82% (below 0%: shrinking)	−45.68% (below 0%: shrinking)	75.82%	35.26%	Compare
KN Knowles Corporation	$3.2B	47.5×	46.6×	+14.32% (above 0%: growing)	+155.56% (above 0%: growing)	−30.67% (below 0%: shrinking)	44.72%	14.81%	Compare
OSIS OSI Systems, Inc.	$3.1B	21.6×	18.5×	−4.14% (below 0%: shrinking)	+7.92% (above 0%: growing)	+1,853.69% (above 0%: growing)	34.70%	15.26%	Compare
BHE Benchmark Electronics, Inc.	$2.9B	55.0×	41.3×	+17.69% (above 0%: growing)	+1,733.33% (above 0%: growing)	+244.06% (above 0%: growing)	10.37%	4.00%	Compare
OUST Ouster, Inc.	$2.9B	— (loss-making)	— (loss-making)	+55.86% (above 0%: growing)	n/m	−600.91% (below 0%: shrinking)	48.85%	(36.69%)	Compare
ROG Rogers Corporation	$2.7B	84.2×	42.6×	+6.90% (above 0%: growing)	n/m	+226.79% (above 0%: growing)	32.47%	9.23%	Compare
ALNT Allient Inc.	$1.9B	64.3×	47.2×	+10.17% (above 0%: growing)	+82.35% (above 0%: growing)	−59.55% (below 0%: shrinking)	34.85%	10.15%	Compare
Median of peers	$3.0B	55.0×	41.3×	+12.25%	+45.14%	−29.01%	37.35%	12.48%

All 49 Electronic Components stocks →

Bel Fuse Inc. (BELFA) key facts

Strength: Bel Fuse Inc.’s revenue for fiscal 2025 (year ended December 2025) was $675.5 million, up 26.3% from fiscal 2024.
Strength: Net income was $74.1 million, or $4.65 per share (basic), a net margin of 9.11%.
Bel Fuse Inc. (BELFA) is an Electronic Components company in the Technology sector, listed on Nasdaq.
As of October 9, 2026, BELFA traded at $195.38, a market capitalization of $3.4 billion.
At that price the stock trades at 49.8× trailing-twelve-month earnings and 3.6× sales; its P/E is higher than 88% of its own readings over the past ten years.
Bel Fuse Inc. pays an annual dividend of $0.30 per share, a yield of 0.15%, with a payout ratio of 7.67%.
Return on equity was 15.7% and debt-to-equity 0.00.
Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 4.31 (safe zone) for fiscal 2025.