BEL Fuse vs Rogers
Rogers is the larger business, with $811m of revenue in fiscal 2025 against $675m for BEL Fuse (1.2 times as much). BEL Fuse grew faster (26.3% against -2.3%). BEL Fuse kept more of each dollar of sales as profit: a net margin of 9.1% against -7.6%.
| Latest fiscal year | BEL FuseBELFA, 2025 | RogersROG, 2025 |
|---|---|---|
| Revenue | $675m | $811m |
| Revenue growth | 26.3% | -2.3% |
| Net income | $61.5m | −$61.8m |
| Operating margin | 16.4% | — |
| Net margin | 9.1% | -7.6% |
| Return on equity | 15.7% | -5.1% |
| Free cash flow | $68.6m | $71.1m |
| Cash | $57.8m | $197m |
| Total debt | $198m | $0 |
| Debt to equity | 46.4% | — |
| Dividend per share | — | — |
| Dividend yield | 0.9% | — |
| Share buybacks | $0 | $52.4m |
| Employees | — | 3,000 |
| Market value | $401m | $2.28bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | 30 (Weak) | 52 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |