BELFB Financials Bel Fuse Inc /Nj

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 43 d ago Overview →

Growth & profitability

Revenue has grown 7.7% per year over the past 5 years.
Net income has grown faster than revenue (42.1% vs 7.7% per year).
Operating margin has expanded, at 16.4% in the latest year.
Free cash flow has grown 11.0% per year over the past 5 years.

Financial health

Total debt ($198M) exceeds cash ($58M); net debt is $140M.
Total debt has grown faster than revenue (11.1% vs 7.7% per year).
Operating income covered interest expense 7.5× in the latest year.
Total debt is 1.4× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 4.7% of earnings and 5.1% of free cash flow.
The dividend has grown 0.6% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$675M	$74M	39.1%	16.4%	17.4%	7.9%	$69M	$198M	$58M
2024	$535M	$49M	37.8%	12.0%	13.6%	5.2%	$60M	$288M	$68M
2023	$640M	$74M	33.7%	13.8%	21.7%	12.9%	$96M	$60M	$89M
2022	$654M	$53M	28.0%	10.0%	20.1%	9.4%	$31M	$95M	$70M
2021	$543M	$25M	24.7%	5.8%	11.9%	4.8%	-$5M	$113M	$62M
2020	$466M	$13M	25.7%	4.0%	6.9%	2.8%	$41M	$117M	$85M
2019	$492M	-$9M	22.3%	-0.3%	-5.2%	-1.9%	$15M	$145M	$72M
2018	$548M	$21M	25.4%	4.9%	11.7%	4.7%	-$1M	$114M	$54M
2017	$492M	-$12M	20.8%	3.5%	-7.5%	-2.8%	$18M	$123M	$69M
2016	—	-$65M	—	—	-40.9%	-15.2%	$30M	$141M	$73M
2015	—	$19M	—	—	8.2%	3.3%	$56M	$184M	$85M
2014	—	$9M	—	—	3.8%	1.4%	—	$233M	$77M
2013	—	$16M	—	—	7.0%	5.2%	$4M	$0	$62M
2012	—	$2M	—	—	1.1%	0.9%	$7M	—	$71M
2011	—	$4M	—	—	1.7%	1.4%	$27M	—	$88M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$211M	$25M	39.9%	18.2%	2.8%	2.0%	$16M	$0	$306M
Mar '26	$178M	$11M	39.0%	13.3%	2.6%	1.2%	$11M	$205M	$59M
Dec '25	$176M	—	39.4%	14.7%	0.0%	0.0%	$26M	$198M	$58M
Sep '25	$179M	—	39.7%	16.9%	0.0%	0.0%	$20M	$225M	$58M
Jun '25	$168M	$27M	38.7%	17.7%	6.6%	2.8%	$17M	$250M	$59M
Mar '25	$152M	$18M	38.6%	16.4%	4.7%	3.1%	$5M	$280M	$66M
Dec '24	$150M	-$2M	37.5%	8.3%	-0.5%	-0.2%	$2M	$288M	$68M
Sep '24	$124M	$8M	36.1%	9.3%	2.2%	1.4%	$24M	$60M	$134M
Jun '24	$133M	$19M	40.1%	17.0%	5.3%	3.3%	$31M	$60M	$85M
Mar '24	$128M	$16M	37.5%	13.9%	4.6%	2.9%	$3M	$60M	$71M
Dec '23	$140M	$12M	36.6%	11.8%	3.5%	2.1%	$24M	$60M	$89M
Sep '23	$159M	$19M	35.0%	15.4%	6.1%	3.5%	$38M	$60M	$100M
Jun '23	$169M	$28M	32.9%	16.2%	9.1%	5.0%	$21M	$60M	$65M
Mar '23	$172M	$15M	31.1%	11.4%	5.2%	2.5%	$13M	$100M	$78M
Dec '22	$169M	$14M	31.0%	10.8%	5.4%	2.5%	$13M	$95M	$70M
Sep '22	$178M	$17M	29.0%	12.4%	7.0%	3.0%	$11M	$110M	$71M
Jun '22	$171M	$17M	26.6%	9.8%	7.5%	3.1%	$17M	$113M	$66M
Mar '22	$137M	$5M	25.0%	5.9%	2.4%	1.0%	-$10M	$113M	$51M
Dec '21	$147M	$8M	26.7%	7.7%	3.8%	1.6%	$1M	$113M	$62M
Sep '21	$147M	$6M	24.5%	6.0%	2.9%	1.2%	-$1M	$113M	$62M

Valuation over time

How the market has priced BELFB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 1.6× (Mar '23) to 7.0× (Sep '26).
The price-to-sales ratio has risen from 0.1× (Mar '23) to 0.8× (Sep '26).
The dividend yield has fallen from 4.2% (Mar '23) to 0.7% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is BELFB growing its revenue and profit?

Over the past 5 years, Bel Fuse Inc /Nj's revenue has grown 7.7% per year, and net income grown 42.1% per year. These are computed facts, not advice.

How much debt does BELFB have?

As of FY2025, Bel Fuse Inc /Nj reported $198M of total debt against $58M of cash; operating income covered interest expense 7.5×.

What is BELFB's profit margin?

In FY2025, gross margin was 39.1%, operating margin 16.4%, and net margin 11.0%.

What is BELFB's P/E ratio?

As of Sep '26, Bel Fuse Inc /Nj traded at a price-to-earnings ratio of about 7.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.