# Bel Fuse share price today (Bel Fuse Inc., BELFA)

> Bel Fuse Inc.'s earnings have grown faster than its share price. Earnings per share grew +49.7% in a year while the price moved +40.4%. BELFA · Technology · Electronic Components · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/belfa

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: $192.00 (+40.4% in a year)
- P/E: 44.5× (higher than 88% of the last 4.6 years)
- Revenue (Jun 2026): $211 M (+25.2% on a year ago)
- Profit (Jun 2026): $25.5 M (−5.1% on a year ago)
- Operating margin: 18.2% (+2.8 points on a year ago)
- ROE: 12%, FY25
- ROIC: 15.0%, against a 12.2% cost of capital: +2.8 points

The main question: results are strong, and the P/E is higher than 88% of its own history. ## What is the Bel Fuse share price today? Bel Fuse Inc.'s share price was $192.00 at the close on 3 November 2026. It has been moving sideways for 10 weeks. That is 11.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between $121 and $266, and at that close it sat 49% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 12 weeks running. Over the last 10 years the share price moved +1,173% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Bel Fuse pay? Bel Fuse Inc. paid $0.24 per share over the last four reported quarters. The most recent declaration was $0.06 for Jun 2026. At today's price of $192.00 that is a yield of 0.13%, based on dividends already paid, not a forecast. ## Which stock lists is Bel Fuse on? Bel Fuse is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Bel Fuse profitable? Bel Fuse Inc. earned $25.5 M of net profit in the Jun 2026 quarter, −5.1% on the same quarter a year earlier. Full-year FY25 profit was $61.5 M. Over 4 years profit has grown 25.5% a year on average. That is 12.1% of the quarter's revenue. The same quarter a year earlier earned $26.9 M. 2 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $61.5 M (+50.2% on the year before). Why profit moved: revenue changed +25.2% on a year earlier and the margin moved +2.8 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +44.7% and revenue +26.1%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Bel Fuse make, and is it growing? Bel Fuse Inc. reported $211 M of revenue in the Jun 2026 quarter, +25.2% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 4 years it has grown 5.6% a year on average. The last full year, FY25, came in at $675 M. The last four reported quarters add to $744 M. FY25 revenue was $675 M, +26.3% on the year before. Recent pace: the last four quarters grew +26.1% on average, against 5.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +25.3%, against +15.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +5.2%, against −9.9% a year (accelerating). ## How much of every $100 of sales does Bel Fuse keep? Bel Fuse Inc.'s operating margin was 18.2% in the Jun 2026 quarter, 2.8 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 4.7% and 15.8%. The latest quarter is above every full year in that period. Across 5 years it has been between 4.7% and 15.8%, and FY25's 15.8% is the highest of them. Why the margin moved: operating margin changed +2.8 percentage points on the year while gross margin changed +1.2 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Bel Fuse's profit turning into cash? Over the last 3 years, 149% of Bel Fuse Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $80.6 M of operating cash against $61.5 M of profit. After $12.0 M of spending on assets, $68.6 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Bel Fuse's cash go? Bel Fuse Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $38.2 M on assets over the last 3 years. Averaged over those years that is 1.9% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $38.2 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Bel Fuse's P/E ratio, and how does it compare with its own history? Bel Fuse Inc.'s P/E is 44.5×, near the high end of its own history: higher than 88% of past readings. Its usual P/E (the middle reading) is 15.6×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +49.7% while the price moved +40.4%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +55.1% a year; about −11.7% a year came from earnings growth and about +66.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Bel Fuse business getting better or worse? Bel Fuse Inc.'s business is turning around. Profit growth has swung from −42.8% at its low to +5.2%, rising from a low 5 quarters ago, with ROCE steady at 12.7%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Bel Fuse earn on its capital? Bel Fuse Inc. earned a ROE of 12% in FY25. That is up from a low of 9% in FY24. Its return on capital used (ROIC) is 2.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 9.1% net margin and 0.72× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 9.1% net margin × 0.72× asset turnover × 1.80× leverage (assets divided by equity) ≈ 11.8% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 15.0% − 12.2% = +2.8 percentage points. The 12.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 15.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 12.1%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Bel Fuse have too much debt? Bel Fuse Inc. has total debt of $34.3 M against shareholder equity of $1.0 B as of Jun 2026, so its debt is 0.03× its equity, which is very little. Year by year, that ratio went from 0.65 in FY21 to 0.43 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Bel Fuse shareholding pattern? 1.4% of Bel Fuse Inc.'s tradable shares are in short positions, which are bets that the price will fall, so very few traders are betting against this stock. At normal trading volumes, closing those positions would take about 2.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Bel Fuse from balance-sheet trouble? For Bel Fuse Inc., the Z-score is 7.66. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 7.66 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Bel Fuse rank in its industry? There is no score against its industry: Bel Fuse Inc. is not among the largest members shown in this industry comparison for Electronic Components. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Bel Fuse compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Bel Fuse in size? Bel Fuse is the 17th largest of 30 Electronic Components companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Universal Display Corporation, OSI Systems, Inc. and Knowles Corporation. Just below it: Benchmark Electronics, Inc., Rogers Corporation and Ouster, Inc. ### Electronic Components companies close in size

1. [Universal Display Corporation](https://www.sectoralpha.in/us/stocks/oled) $4 billion
2. [OSI Systems, Inc.](https://www.sectoralpha.in/us/stocks/osis) $3.2 billion
3. [Knowles Corporation](https://www.sectoralpha.in/us/stocks/kn) $2.9 billion
4. Bel Fuse Inc. $2.8 billion
5. [Benchmark Electronics, Inc.](https://www.sectoralpha.in/us/stocks/bhe) $2.5 billion
6. [Rogers Corporation](https://www.sectoralpha.in/us/stocks/rog) $2.4 billion
7. [Ouster, Inc.](https://www.sectoralpha.in/us/stocks/oust) $2.1 billion

[All 30 Electronic Components companies, largest first](https://www.sectoralpha.in/us/sectors/electronic-components#all-companies)

### Companies close in size in other industries

1. [Kohl's Corporation](https://www.sectoralpha.in/us/stocks/kss) $2.7 billion · Department Stores
2. [Northern Oil and Gas, Inc.](https://www.sectoralpha.in/us/stocks/nog) $2.7 billion · Oil & Gas Exploration & Production
3. Bel Fuse Inc. $2.7 billion
4. [NetScout Systems, Inc.](https://www.sectoralpha.in/us/stocks/ntct) $2.7 billion · Software - Infrastructure
5. [IMAX Corporation](https://www.sectoralpha.in/us/stocks/imax) $2.7 billion · Entertainment

## What else do people ask about Bel Fuse? ### What were Bel Fuse's latest quarterly results? Bel Fuse Inc. reported revenue of $211 M and net profit of $25.5 M for the Jun 2026 quarter. Revenue rose 25.2% and profit fell 5.1% compared with a year earlier. Earnings per share were $1.87. The operating margin was 18.2%, 2.8 percentage points higher than a year earlier (as of 3 November 2026). ### What is Bel Fuse's market cap? Bel Fuse Inc.'s market capitalisation is $2.8 B at a stock price of $192.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Bel Fuse performing? Bel Fuse Inc.'s share price has been moving sideways for 10 weeks. In its latest quarter, revenue rose 25.2% and profit fell 5.1% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 12 weeks running (as of 3 November 2026). ### Will Bel Fuse's stock price go up? This page does not forecast Bel Fuse Inc.'s stock price. What it shows instead: the stock price is $192.00, and it has been moving sideways for 10 weeks. Its P/E of 44.5× is higher than 88% of its own last 5 years (as of 3 November 2026). ### Where is Bel Fuse in its business cycle? Bel Fuse Inc.'s FY25 operating margin was 15.8%, against a 5-year range of 4.7% to 15.8%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 18.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Bel Fuse story? The main question: results are strong, and the P/E is higher than 88% of its own history. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Bel Fuse a stock worth studying right now? What the numbers show: Bel Fuse Inc.'s earnings have grown faster than its share price. Earnings per share grew +49.7% in a year while the price moved +40.4%. The main open question: whether earnings grow enough to match the multiple. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

This is research, not advice. We’re not SEBI-registered.