BEL Fuse profit margin BELFA
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 7.2%
- Operating margin, 12 months
- 15.9%
- Net margin on a year earlier
- −1.4 pts
- Peer median
- 4.5%
Over the twelve months to Jun 30, 2026, BEL Fuse kept 7.2% of its revenue as net profit, with an operating margin of 15.9% and a gross margin of 39.5%.
Five years earlier its net margin was 4.5%.
The median for 10 electronic components stocks of a similar size is 4.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 9.1% | 16.4% | 39.1% |
| FY2024 | 7.7% | 12.0% | 37.8% |
| FY2023 | 11.5% | 13.8% | 33.7% |
| FY2022 | 8.1% | 10.0% | 28.1% |
| FY2021 | 4.6% | 5.8% | 24.6% |
| FY2020 | 2.7% | 4.0% | 25.7% |
| FY2019 | −1.8% | −0.3% | 22.3% |
| FY2018 | 3.8% | 5.4% | 20.0% |
| FY2017 | −2.4% | 3.5% | 20.8% |
| FY2016 | −13.0% | −15.3% | 20.0% |
| FY2015 | 3.4% | 5.0% | 19.2% |
| FY2014 | 1.8% | 2.8% | 17.9% |
| FY2013 | 4.6% | 4.3% | 17.8% |
| FY2012 | 0.8% | 0.6% | 16.2% |
| FY2011 | 1.3% | 2.5% | 17.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 7.2% | −1.4 pts | 15.9% | |
| Q1 FY26 | 7.8% | +0.1 pts | 15.6% | |
| Q4 FY25 | 9.1% | +1.4 pts | 16.4% | |
| Q3 FY25 | 10.1% | −0.4 pts | 15.0% | |
| Q2 FY25 | 8.6% | −3.2 pts | 13.2% | |
| Q1 FY25 | 7.7% | −4.9 pts | 12.8% | |
| Q4 FY24 | 7.7% | −3.9 pts | 12.0% | |
| Q3 FY24 | 10.4% | −0.9 pts | 13.0% | |
| Q2 FY24 | 11.8% | +1.2 pts | 14.5% | |
| Q1 FY24 | 12.6% | +3.6 pts | 14.5% | |
| Q4 FY23 | 11.5% | +3.5 pts | 13.8% | |
| Q3 FY23 | 11.3% | +4.0 pts | 13.4% |
Against its peers
Companies in Hardware, Equipment & Parts nearest BEL Fuse's size, closest first, today.
| Company | Profit margin |
|---|---|
| BELFABEL Fuse | 7.2% |
| BHEBenchmark Electronics | 1.9% |
| CTSCTS | 12.4% |
| ALNTAllient | 5.0% |
| ITRIItron | 11.9% |
| OLEDUniversal Display | 32.2% |
| BDCBelden | 8.5% |
| VSHVishay Intertechnology | 0.9% |
| PLXSPlexus | 4.0% |
| STSensata Technologies | 2.4% |
| VREXVarex Imaging | 2.6% |
| Peer median | 4.5% |
Where BEL Fuse ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on BEL Fuse
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.