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On June 2, 2026 Littelfuse announced the Nano2® SMD‑708 Series, a high‑current surface‑mount fuse family engineered for 48 V DC AI data‑center and high‑density power applications. On May 6, 2026 the company announced a quarterly cash dividend of $0.75 per share, payable June 4, 2026 to shareholders of record as of May 21, 2026.
Technical Analysis
Directional indicators (ADX / DI+ / DI-): ADX sits at 19.44, below 20, indicating no established trend; however DI+ equals 26.33 and shows an increasing pattern while DI- equals 24.52 and shows a decreasing pattern, which favors a bullish directional tilt for price in the near term.
MACD: MACD stands positive at 2.09 with an increasing MACD_trend and a signal line at -4.88; MACD currently trades above its signal line, constituting a bullish momentum signal that supports the introduction’s near‑term upside bias.
MRO: MRO registers a dip & reversal. That dip‑and‑reverse pattern in momentum supports further short‑term upside potential relative to the current target framework.
RSI: RSI at 50.02 shows a dip & reversal, consistent with momentum recovery and reducing the risk of immediate overbought conditions while supporting a constructive near‑term outlook.
Price vs. moving averages and bands: The close at $461.16 trades above the 20‑day average ($422.32), 50‑day average ($443.47), and 200‑day average ($350.76), reinforcing short‑term bullish bias. Price sits near the upper 1‑sigma Bollinger band ($449.53), implying momentum but also a higher probability of short, volatile pullbacks before continuation.
Volatility, volume and support: 42‑day beta registers 1.77, and 52‑week beta 1.71, indicating above‑market volatility. Ten‑day average volume (470,996) exceeds the most recent session (199,153), suggesting recent trading lacked the breadth of prior sessions; immediate technical support aligns near the super trend lower at $415.95 and Ichimoku KijunSen at $426.48.
Fundamental Analysis
Top‑line and margins: Total revenue equals $738,781,000 with YoY revenue growth of 16.79% and QoQ revenue growth of 17.34%, evidencing strong demand acceleration. Gross margin expanded to 41.43% (YoY +9.51%); operating margin stands at 18.92% (YoY +21.78%) and adjusted EBIT margin equals 16.62% (YoY +17.50%). The operating and gross margin expansion contributed directly to year‑over‑year operating leverage.
Profitability vs. industry peers: EBIT margin at 16.62% sits below the industry peer mean of 18.45% and below the industry peer median of 19.47%, but above the industry peer low of 13.49%; gross margin at 41.43% exceeds the industry peer mean (35.45%). Asset turnover equals 0.1878 and sits slightly above the industry peer mean of 0.1844, indicating marginally better asset efficiency versus peers.
Earnings, cash flow and balance sheet: Reported EPS of $4.19 beat the $3.78 estimate, an EPS surprise of +10.85%. EBITDA equals $157,374,000 and EBIT equals $122,803,000. Operating cash flow reached $146,216,000 with free cash flow $127,289,000 and a free cash flow yield of 1.19%. Cash plus short‑term investments total $628,591,000 and net debt remains minimal at $1,436,000; debt‑to‑equity equals 0.27, well below the industry peer mean of 1.02, signaling conservative leverage.
Efficiency and working capital: Cash conversion cycle shortened to 92.84 days (QoQ improvement -8.49%, YoY -17.54%), while inventory turnover stands at 1.01 (in line with industry median). Return on equity equals 3.42% and return on assets 2.27% with double‑digit YoY percentage increases in these returns, driven largely by margin expansion and operating leverage.
Valuation context: WMDST values the stock as under‑valued. Current P/E sits at 100.65 with forward P/E 85.82 and an enterprise value to revenue (EVR) of 14.55; price‑target mean across analysts equals $490.12. Those valuation multiples reflect strong recent earnings and modest free cash flow yield; the structural balance sheet strength and improving margins justify the WMDST under‑valued assessment within the firm’s valuation framework.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-06-30 |
| REPORT DATE: | 2026-07-29 |
| NEXT REPORT DATE: | 2026-10-28 |
| CASH FLOW | Begin Period Cash Flow | $ 483.4 M |
| Operating Cash Flow | $ 146.2 M | |
| Capital Expenditures | $ -18.93 M | |
| Change In Working Capital | $ -6.33 M | |
| Dividends Paid | $ -19.04 M | |
| Cash Flow Delta | $ 146.5 M | |
| End Period Cash Flow | $ 629.9 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 738.8 M | |
| Forward Revenue | $ 262.4 M | |
| COSTS | ||
| Cost Of Revenue | $ 432.7 M | |
| Depreciation | $ 19.9 M | |
| Depreciation and Amortization | $ 34.6 M | |
| Research and Development | $ 31.0 M | |
| Total Operating Expenses | $ 599.0 M | |
| PROFITABILITY | ||
| Gross Profit | $ 306.1 M | |
| EBITDA | $ 157.4 M | |
| EBIT | $ 122.8 M | |
| Operating Income | $ 139.7 M | |
| Interest Income | — | |
| Interest Expense | $ 5.7 M | |
| Net Interest Income | $ -5.74 M | |
| Income Before Tax | $ 117.1 M | |
| Tax Provision | $ 27.7 M | |
| Tax Rate | 23.627 % | |
| Net Income | $ 89.4 M | |
| Net Income From Continuing Operations | $ 89.4 M | |
| EARNINGS | ||
| EPS Estimate | $ 3.78 | |
| EPS Actual | $ 4.19 | |
| EPS Difference | $ 0.41 | |
| EPS Surprise | 10.847 % | |
| Forward EPS | $ 5.02 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 4.0 B | |
| Intangible Assets | $ 1.8 B | |
| Net Tangible Assets | $ 861.0 M | |
| Total Current Assets | $ 1.6 B | |
| Cash and Short-Term Investments | $ 628.6 M | |
| Cash | $ 628.2 M | |
| Net Receivables | $ 423.6 M | |
| Inventory | $ 433.8 M | |
| Long-Term Investments | $ 59.7 M | |
| LIABILITIES | ||
| Accounts Payable | $ 249.0 M | |
| Short-Term Debt | $ 100.0 M | |
| Total Current Liabilities | $ 573.5 M | |
| Net Debt | $ 1.4 M | |
| Total Debt | $ 709.4 M | |
| Total Liabilities | $ 1.4 B | |
| EQUITY | ||
| Total Equity | $ 2.6 B | |
| Retained Earnings | $ 1.8 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 103.54 | |
| Shares Outstanding | 25.289 M | |
| Revenue Per-Share | $ 29.21 | |
| VALUATION | Market Capitalization | $ 10.7 B |
| Enterprise Value | $ 10.7 B | |
| Enterprise Multiple | 68.283 | |
| Enterprise Multiple QoQ | 2.796 % | |
| Enterprise Multiple YoY | 34.627 % | |
| Enterprise Multiple IPRWA | high: 322.908 mean: 153.481 median: 111.735 LFUS: 68.283 low: -45.097 |
|
| EV/R | 14.545 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.532 | |
| Asset To Liability | 2.878 | |
| Debt To Capital | 0.213 | |
| Debt To Assets | 0.177 | |
| Debt To Assets QoQ | -4.199 % | |
| Debt To Assets YoY | -19.837 % | |
| Debt To Assets IPRWA | high: 0.5 median: 0.38 mean: 0.334 LFUS: 0.177 low: 0.002 |
|
| Debt To Equity | 0.271 | |
| Debt To Equity QoQ | -4.326 % | |
| Debt To Equity YoY | -21.497 % | |
| Debt To Equity IPRWA | high: 1.744 median: 1.053 mean: 1.021 LFUS: 0.271 low: 0.003 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 4.073 | |
| Price To Book QoQ | 13.607 % | |
| Price To Book YoY | 78.587 % | |
| Price To Book IPRWA | high: 44.607 mean: 18.974 median: 7.654 LFUS: 4.073 low: 1.296 |
|
| Price To Earnings (P/E) | 100.652 | |
| Price To Earnings QoQ | -6.998 % | |
| Price To Earnings YoY | 4.596 % | |
| Price To Earnings IPRWA | high: 314.255 mean: 178.552 LFUS: 100.652 median: 89.204 low: -45.441 |
|
| PE/G Ratio | 3.786 | |
| Price To Sales (P/S) | 14.436 | |
| Price To Sales QoQ | 5.217 % | |
| Price To Sales YoY | 49.424 % | |
| Price To Sales IPRWA | high: 67.495 median: 35.738 mean: 33.018 LFUS: 14.436 low: 7.853 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 85.824 | |
| Forward PE/G | 3.228 | |
| Forward P/S | 40.641 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 1.479 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.188 | |
| Asset Turnover Ratio QoQ | 11.663 % | |
| Asset Turnover Ratio YoY | 21.726 % | |
| Asset Turnover Ratio IPRWA | high: 0.313 LFUS: 0.188 mean: 0.184 median: 0.169 low: 0.036 |
|
| Receivables Turnover | 1.837 | |
| Receivables Turnover Ratio QoQ | 4.014 % | |
| Receivables Turnover Ratio YoY | 2.003 % | |
| Receivables Turnover Ratio IPRWA | high: 2.606 LFUS: 1.837 mean: 1.463 median: 1.309 low: 0.949 |
|
| Inventory Turnover | 1.015 | |
| Inventory Turnover Ratio QoQ | 5.245 % | |
| Inventory Turnover Ratio YoY | 10.352 % | |
| Inventory Turnover Ratio IPRWA | high: 1.075 LFUS: 1.015 mean: 0.964 median: 0.952 low: 0.353 |
|
| Days Sales Outstanding (DSO) | 49.687 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 92.845 | |
| Cash Conversion Cycle Days QoQ | -8.485 % | |
| Cash Conversion Cycle Days YoY | -17.538 % | |
| Cash Conversion Cycle Days IPRWA | high: 255.367 mean: 98.418 median: 94.266 LFUS: 92.845 low: 71.94 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.731 | |
| CapEx To Revenue | -0.026 | |
| CapEx To Depreciation | -0.953 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 3.1 B | |
| Net Invested Capital | $ 3.2 B | |
| Invested Capital | $ 3.2 B | |
| Net Tangible Assets | $ 861.0 M | |
| Net Working Capital | $ 1.0 B | |
| LIQUIDITY | ||
| Cash Ratio | 1.096 | |
| Current Ratio | 2.761 | |
| Current Ratio QoQ | 5.794 % | |
| Current Ratio YoY | -32.002 % | |
| Current Ratio IPRWA | high: 8.593 LFUS: 2.761 mean: 1.917 median: 1.379 low: 1.24 |
|
| Quick Ratio | 2.005 | |
| Quick Ratio QoQ | 10.432 % | |
| Quick Ratio YoY | -32.616 % | |
| Quick Ratio IPRWA | high: 3.412 LFUS: 2.005 mean: 1.377 median: 0.98 low: 0.786 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 4.508 | |
| Cost Of Debt | 0.617 % | |
| Interest Coverage Ratio | 21.398 | |
| Interest Coverage Ratio QoQ | 43.956 % | |
| Interest Coverage Ratio YoY | 111.263 % | |
| Interest Coverage Ratio IPRWA | high: 170.415 mean: 23.012 LFUS: 21.398 median: 13.891 low: -26.17 |
|
| Operating Cash Flow Ratio | 0.162 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 53.42 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 4.697 | |
| Dividend Payout Ratio | 0.213 | |
| Dividend Rate | $ 0.75 | |
| Dividend Yield | 0.002 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 4.016 % | |
| Revenue Growth | 12.453 % | |
| Revenue Growth QoQ | 17.337 % | |
| Revenue Growth YoY | 16.787 % | |
| Revenue Growth IPRWA | high: 41.849 % mean: 21.117 % median: 14.495 % LFUS: 12.453 % low: 0.29 % |
|
| Earnings Growth | 26.586 % | |
| Earnings Growth QoQ | 15.351 % | |
| Earnings Growth YoY | 429.285 % | |
| Earnings Growth IPRWA | high: 109.813 % mean: 31.051 % LFUS: 26.586 % median: 13.6 % low: -14.634 % |
|
| MARGINS | ||
| Gross Margin | 41.428 % | |
| Gross Margin QoQ | 7.091 % | |
| Gross Margin YoY | 9.511 % | |
| Gross Margin IPRWA | high: 47.7 % LFUS: 41.428 % mean: 35.451 % median: 33.466 % low: 30.57 % |
|
| EBIT Margin | 16.622 % | |
| EBIT Margin QoQ | 5.296 % | |
| EBIT Margin YoY | 17.495 % | |
| EBIT Margin IPRWA | high: 27.007 % median: 19.467 % mean: 18.449 % LFUS: 16.622 % low: 13.487 % |
|
| Return On Sales (ROS) | 18.916 % | |
| Return On Sales QoQ | 14.448 % | |
| Return On Sales YoY | 21.779 % | |
| Return On Sales IPRWA | high: 27.141 % LFUS: 18.916 % mean: 18.238 % median: 17.106 % low: 13.119 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 127.3 M | |
| Free Cash Flow Yield | 1.194 % | |
| Free Cash Flow Yield QoQ | 62.67 % | |
| Free Cash Flow Yield YoY | -2.531 % | |
| Free Cash Flow Yield IPRWA | LFUS: 1.194 % high: 1.093 % mean: 0.581 % median: 0.564 % low: -3.537 % |
|
| Free Cash Growth | 92.384 % | |
| Free Cash Growth QoQ | -306.505 % | |
| Free Cash Growth YoY | 31.736 % | |
| Free Cash Growth IPRWA | high: 362.609 % median: 178.344 % mean: 159.353 % LFUS: 92.384 % low: -11.692 % |
|
| Free Cash To Net Income | 1.424 | |
| Cash Flow Margin | 12.564 % | |
| Cash Flow To Earnings | 1.038 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 2.272 % | |
| Return On Assets QoQ | 18.149 % | |
| Return On Assets YoY | 57.559 % | |
| Return On Assets IPRWA | high: 4.033 % mean: 2.463 % median: 2.373 % LFUS: 2.272 % low: -8.194 % |
|
| Return On Capital Employed (ROCE) | 3.571 % | |
| Return On Equity (ROE) | 0.034 | |
| Return On Equity QoQ | 14.252 % | |
| Return On Equity YoY | 54.735 % | |
| Return On Equity IPRWA | high: 0.122 mean: 0.073 median: 0.061 LFUS: 0.034 low: -0.108 |
|
| DuPont ROE | 3.484 % | |
| Return On Invested Capital (ROIC) | 2.888 % | |
| Return On Invested Capital QoQ | 12.768 % | |
| Return On Invested Capital YoY | 54.687 % | |
| Return On Invested Capital IPRWA | high: 6.649 % mean: 4.116 % median: 2.943 % LFUS: 2.888 % low: -8.631 % |
|