Belden vs Littelfuse
Belden and Littelfuse are similar in size: $2.72bn and $2.39bn of revenue in their latest fiscal years. Belden grew faster (10.3% against 8.9%). Belden kept more of each dollar of sales as profit: a net margin of 8.7% against -3.0%.
| Latest fiscal year | BeldenBDC, 2025 | LittelfuseLFUS, 2025 |
|---|---|---|
| Revenue | $2.72bn | $2.39bn |
| Revenue growth | 10.3% | 8.9% |
| Net income | $238m | −$71.7m |
| Operating margin | — | 1.6% |
| Net margin | 8.7% | -3.0% |
| Return on equity | 18.6% | -3.0% |
| Free cash flow | $219m | $366m |
| Cash | $390m | $563m |
| Total debt | $1.29bn | $804m |
| Debt to equity | — | 33.2% |
| Dividend per share | $0.20 | $2.90 |
| Dividend yield | 0.2% | 0.8% |
| Share buybacks | — | $27.6m |
| Employees | — | 17,000 |
| Market value | $4.24bn | $10.60bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 67 (Moderate) | 68 (Moderate) |
| Insider trades, 12 months | 0 buys, 11 sales | 0 buys, 57 sales |