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Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

BEL FUSE INC /NJ BELFA

· Technology · Electronic Coils, Transformers & Other Inductors

FY2025 10-K, filed 2026-02-24
SEC EDGAR

Filing evidence summary

Constructive evidenceCoverage 5/5 core metrics

11 filing-based checks were evaluable.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • No current rule-based risk flags

    11 filing-based checks were evaluable.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

  • Revenue expanded

    Latest reported annual revenue changed +26.3% from the prior reported annual observation.

    Why this surfaced

    Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.

  • Operating margin improved

    Operating margin changed +4.4 percentage points from the prior annual period.

    Why this surfaced

    Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2025-12-31.

  • Free cash flow was positive

    Latest reported free cash flow was $69M.

    Why this surfaced

    Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.

Core trend metrics

Latest annual revenue growth
+26.3%
as of 2025-12-31
Latest annual operating margin
16.4%
as of 2025-12-31
Free cash flow
$69M
as of 2025-12-31
Debt / equity
0.46x
as of 2025-12-31
ROIC snapshot
9.6%
period varies

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

0of 11 rule-based checks flagged

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-09-06
Latest period end
2025-12-31
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2025-12-3110-K filed 2026-02-24prior period 2024-12-31 from the same filingView filing
By business segment
Revenue
  • Power Solutions And Protection Segment$357M
    52.8%
    +45.3% yoy
  • Connectivity Solutions$232M
    34.4%
    +5.4% yoy
  • Magnetic Solutions Segment$86.4M
    12.8%
    +25.4% yoy
  • Corporate$0
    0.0%
    no prior

Members sum to the consolidated $675M for this period.

By product or service
Revenue
  • Power Solutions And Protection$357M
    52.8%
    +45.3% yoy
  • Connectivity Solutions$232M
    34.4%
    +5.4% yoy
  • Magnetic Solutions$86.4M
    12.8%
    +25.4% yoy

Members sum to the consolidated $675M for this period.

By geography
Revenue
  • North America$447M
    share n/a
    +23.5% yoy
  • United States$447M
    share n/a
    +23.5% yoy
  • Asia$123M
    share n/a
    +80.7% yoy
  • EMEA$105M
    share n/a
    +0.3% yoy
  • IL$62.3M
    share n/a
    +657.8% yoy
  • China$52.3M
    share n/a
    +123.7% yoy
  • United Kingdom$37.1M
    share n/a
    +3.2% yoy
  • SK$32.2M
    share n/a
    -3.2% yoy
  • +5 more members in the filing

member sum exceeds the consolidated figure: this axis carries more than one breakdown, so shares are not computed.

Latest quarter
Quarter ending 2026-03-3110-Q filed 2026-05-05prior period 2025-03-31 from the same filingView filing
  • Aerospace Defense And Rugged Solutions Segment$99.8M
    55.9%
    +20.1% yoy
  • Industrial Technology And Data Solutions Segment$78.7M
    44.1%
    +13.8% yoy

Change is against the same quarter a year earlier, as reported in the same 10-Q.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

latest fiscal year ending 2025-12-31 · among 4,122 US-listed filers · 817 in Technology
MetricValuevs all filersvs sector
Revenue
latest fiscal-year revenue as filed
$675M
49thof 3,301
middle third
47thof 778
middle third
Revenue growth
latest fiscal-year revenue vs the prior fiscal year
26.3%
83rdof 3,135
top third
79thof 743
top third
Gross margin
gross profit ÷ revenue
39.1%
52ndof 1,603
middle third
42ndof 555
middle third
Operating margin
operating income ÷ revenue
16.4%
80thof 2,819
top third
80thof 752
top third
Net margin
net income ÷ revenue
9.1%
69thof 3,263
top third
70thof 770
top third
Free-cash-flow margin
(operating cash flow − |capex|) ÷ revenue
10.2%
67thof 2,679
middle third
55thof 701
middle third
Return on equity
net income ÷ stockholders' equity (positive equity only)
14.5%
78thof 3,577
top third
72ndof 720
top third
Stock comp ÷ revenue
stock-based compensation ÷ revenue · lower is ranked higher
1.0%
67thof 2,895
top third
80thof 729
top third
Days sales outstanding
receivables ÷ revenue × 365 · lower is ranked higher
66 days
31stof 2,398
bottom third
44thof 712
middle third
Net debt ÷ operating cash flow
net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher
1.7×
54thof 1,547
middle third
44thof 338
middle third
Cash conversion
operating cash flow ÷ net income (net income > 0)
1.3×
41stof 2,183
middle third
34thof 417
middle third
Cash-flow accrual ratio
(net income − operating cash flow) ÷ average total assets · lower is ranked higher
-2.0%
32ndof 3,577
bottom third
21stof 722
bottom third
Balance-sheet accrual ratio
change in net operating assets ÷ average net operating assets · lower is ranked higher
-0.3%
60thof 3,059
middle third
59thof 634
middle third

Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.

Earnings quality

latest fiscal year ending 2025-12-31 · accruals and cash conversion as filed
Cash conversion
1.31×
operating cash flow ÷ net income, latest fiscal year
Cash-flow accrual ratio
-2.0%
(net income − operating cash flow) ÷ average total assets
Balance-sheet accrual ratio
-0.3%
change in net operating assets ÷ average net operating assets
Cash-backed years
3 of 4
fiscal years where operating cash flow met or exceeded net income
Mean cash conversion
1.34×
across the stored fiscal years with positive net income

Per fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.

Point-in-time ledger

first-reported vs latest filing · periods since 2020-01-01 · 7 changed periods
Line itemPeriodFirst reportedLatest filingChangeFilings
Operating income
OperatingIncomeLoss
quarter 2020-03-31-$3.14M
10-Q 2020-05-08
-$1.12M
10-Q 2021-05-10
+64.3%first · latest
Total assets
Assets
balance at 2025-03-31$940M
10-Q 2025-05-01
$584M
10-Q 2026-05-05
-37.9%first · latest
Operating income
OperatingIncomeLoss
quarter 2020-06-30$7.55M
10-Q 2020-08-07
$6.05M
10-Q 2021-08-06
-19.8%first · latest
Operating income
OperatingIncomeLoss
quarter 2020-09-30$8.82M
10-Q 2020-11-06
$8.12M
10-Q 2021-11-05
-8.0%first · latest
Gross profit
GrossProfit
quarter 2020-03-31$25.1M
10-Q 2020-05-08
$25.8M
10-Q 2021-05-10
+2.6%first · latest
Gross profit
GrossProfit
quarter 2020-06-30$31.8M
10-Q 2020-08-07
$31.3M
10-Q 2021-08-06
-1.5%first · latest
Gross profit
GrossProfit
quarter 2020-09-30$33.5M
10-Q 2020-11-06
$33.3M
10-Q 2021-11-05
-0.7%first · latest

First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.

Notes by disclosure type

Not available for BELFA yet: no footnote text blocks on file for this filer in the ingested DERA files.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.