Latest news with #Littelfuse
Yahoo
27-05-2025
- Business
- Yahoo
Littelfuse Names Abhi Khandelwal Chief Financial Officer
CHICAGO, May 27, 2025--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), a leader in developing smart solutions that enable safe and efficient electrical energy transfer, today announced that Abhi Khandelwal has been appointed Executive Vice President and Chief Financial Officer, effective June 18, 2025. Mr. Khandelwal brings more than 20 years of financial and operational experience to Littelfuse, most recently serving as Senior Vice President and Chief Financial Officer at IDEX Corporation (NYSE: IEX). Dr. Greg Henderson, Littelfuse President & Chief Executive Officer, commented, "Abhi is a proven financial leader with extensive experience in driving strategic growth, disciplined capital allocation and global operational enhancements. I look forward to partnering with Abhi, and I am confident his financial and operational acumen and growth mindset will help us as we continue to enhance our strategic focus, scale our operations, and deliver for our customers, employees, and shareholders." Prior to his current role at IDEX, Mr. Khandelwal served as Chief Financial Officer of Multi-Color Corporation, a global packaging services and label solutions provider. He also served as Senior Vice President and Chief Financial Officer for CIRCOR International (NYSE: CIR, acquired by KKR). Mr. Khandelwal earned a Bachelor of Science in Business degree in Finance from Indiana University and a Master of Business Administration degree from Northwestern University. "I am honored to join Littelfuse, a company with a long history of growth and technology leadership, at this pivotal time. With the demands for safe and efficient electrical energy transfer as prevalent as ever, I am excited for the opportunity to deliver leading shareholder value as we enter the next phase of our growth story. I look forward to working with Greg, our leadership team, and our talented global teams." Current Chief Financial Officer Meenal Sethna will remain with the Company as a strategic advisor to ensure a seamless transition. About LittelfuseLittelfuse, Inc. (NASDAQ: LFUS) is a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world. Across more than 20 countries, and with approximately 16,000 global associates, we partner with customers to design and deliver innovative, reliable solutions. Serving over 100,000 end customers, our products are found in a variety of industrial, transportation, and electronics end markets–everywhere, every day. Learn more at LFUS-F View source version on Contacts David Kelley224-727-2535dkelley@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
27-05-2025
- Business
- Business Wire
Littelfuse Names Abhi Khandelwal Chief Financial Officer
CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), a leader in developing smart solutions that enable safe and efficient electrical energy transfer, today announced that Abhi Khandelwal has been appointed Executive Vice President and Chief Financial Officer, effective June 18, 2025. Mr. Khandelwal brings more than 20 years of financial and operational experience to Littelfuse, most recently serving as Executive Vice President and Chief Financial Officer at IDEX Corporation (NYSE: IEX). Dr. Greg Henderson, Littelfuse President & Chief Executive Officer, commented, 'Abhi is a proven financial leader with extensive experience in driving strategic growth, disciplined capital allocation and global operational enhancements. I look forward to partnering with Abhi, and I am confident his financial and operational acumen and growth mindset will help us as we continue to enhance our strategic focus, scale our operations, and deliver for our customers, employees, and shareholders.' Prior to his current role at IDEX, Mr. Khandelwal served as Chief Financial Officer of Multi-Color Corporation, a global packaging services and label solutions provider. He also served as Senior Vice President and Chief Financial Officer for CIRCOR International (NYSE: CIR, acquired by KKR). Mr. Khandelwal earned a Bachelor of Science in Business degree in Finance from Indiana University and a Master of Business Administration degree from Northwestern University. 'I am honored to join Littelfuse, a company with a long history of growth and technology leadership, at this pivotal time. With the demands for safe and efficient electrical energy transfer as prevalent as ever, I am excited for the opportunity to deliver leading shareholder value as we enter the next phase of our growth story. I look forward to working with Greg, our leadership team, and our talented global teams.' Current Chief Financial Officer Meenal Sethna will remain with the Company as a strategic advisor to ensure a seamless transition. About Littelfuse Littelfuse, Inc. (NASDAQ: LFUS) is a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world. Across more than 20 countries, and with approximately 16,000 global associates, we partner with customers to design and deliver innovative, reliable solutions. Serving over 100,000 end customers, our products are found in a variety of industrial, transportation, and electronics end markets–everywhere, every day. Learn more at LFUS-F
Yahoo
27-05-2025
- Business
- Yahoo
Slowing Rates Of Return At Littelfuse (NASDAQ:LFUS) Leave Little Room For Excitement
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. In light of that, when we looked at Littelfuse (NASDAQ:LFUS) and its ROCE trend, we weren't exactly thrilled. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Littelfuse, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.082 = US$288m ÷ (US$3.9b - US$370m) (Based on the trailing twelve months to March 2025). So, Littelfuse has an ROCE of 8.2%. Ultimately, that's a low return and it under-performs the Electronic industry average of 10%. Check out our latest analysis for Littelfuse Above you can see how the current ROCE for Littelfuse compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Littelfuse . In terms of Littelfuse's historical ROCE trend, it doesn't exactly demand attention. Over the past five years, ROCE has remained relatively flat at around 8.2% and the business has deployed 46% more capital into its operations. Given the company has increased the amount of capital employed, it appears the investments that have been made simply don't provide a high return on capital. In summary, Littelfuse has simply been reinvesting capital and generating the same low rate of return as before. And with the stock having returned a mere 29% in the last five years to shareholders, you could argue that they're aware of these lackluster trends. As a result, if you're hunting for a multi-bagger, we think you'd have more luck elsewhere. One more thing to note, we've identified 2 warning signs with Littelfuse and understanding them should be part of your investment process. While Littelfuse isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
16-05-2025
- Business
- Yahoo
Littelfuse (LFUS): Buy, Sell, or Hold Post Q1 Earnings?
Over the last six months, Littelfuse's shares have sunk to $216.46, producing a disappointing 9.6% loss while the S&P 500 was flat. This may have investors wondering how to approach the situation. Is now the time to buy Littelfuse, or should you be careful about including it in your portfolio? Get the full breakdown from our expert analysts, it's free. Even though the stock has become cheaper, we don't have much confidence in Littelfuse. Here are three reasons why we avoid LFUS and a stock we'd rather own. Long-term growth is the most important, but within industrials, a stretched historical view may miss new industry trends or demand cycles. Littelfuse's recent performance marks a sharp pivot from its five-year trend as its revenue has shown annualized declines of 6% over the last two years. Littelfuse isn't alone in its struggles as the Electronic Components industry experienced a cyclical downturn, with many similar businesses observing lower sales at this time. We track the long-term change in earnings per share (EPS) because it highlights whether a company's growth is profitable. Littelfuse's EPS grew at an unimpressive 7.8% compounded annual growth rate over the last five years, lower than its 8.9% annualized revenue growth. This tells us the company became less profitable on a per-share basis as it expanded. A company's ROIC, or return on invested capital, shows how much operating profit it makes compared to the money it has raised (debt and equity). We like to invest in businesses with high returns, but the trend in a company's ROIC is what often surprises the market and moves the stock price. Over the last few years, Littelfuse's ROIC has unfortunately decreased. We like what management has done in the past, but its declining returns are perhaps a symptom of fewer profitable growth opportunities. Littelfuse falls short of our quality standards. After the recent drawdown, the stock trades at 22.2× forward P/E (or $216.46 per share). At this valuation, there's a lot of good news priced in - we think there are better opportunities elsewhere. We'd recommend looking at the most entrenched endpoint security platform on the market. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
LFUS Q1 Earnings Call: Data Center Momentum and Margin Expansion Amid Supply Chain Shifts
Electronic component provider Littelfuse (NASDAQ:LFUS) reported Q1 CY2025 results topping the market's revenue expectations , with sales up 3.5% year on year to $554.3 million. Guidance for next quarter's revenue was better than expected at $580 million at the midpoint, 1% above analysts' estimates. Its non-GAAP profit of $2.19 per share was 21.1% above analysts' consensus estimates. Is now the time to buy LFUS? Find out in our full research report (it's free). Revenue: $554.3 million vs analyst estimates of $542.2 million (3.5% year-on-year growth, 2.2% beat) Adjusted EPS: $2.19 vs analyst estimates of $1.81 (21.1% beat) Adjusted EBITDA: $111.5 million vs analyst estimates of $97.65 million (20.1% margin, 14.2% beat) Revenue Guidance for Q2 CY2025 is $580 million at the midpoint, above analyst estimates of $574.3 million Adjusted EPS guidance for Q2 CY2025 is $2.25 at the midpoint, above analyst estimates of $2.18 Operating Margin: 12.7%, up from 10.3% in the same quarter last year Free Cash Flow Margin: 7.7%, similar to the same quarter last year Market Capitalization: $5.38 billion Littelfuse's first quarter was driven by operational improvements and growth in key end markets, despite ongoing macroeconomic uncertainty and trade policy changes. CEO Greg Henderson, on his inaugural call, highlighted strong performance in the industrial segment, with data center and grid storage solutions delivering meaningful design wins. The electronics segment saw sequential growth in passive products, while transportation managed margin expansion even as demand remained soft. Henderson emphasized, 'We delivered key data center design wins for circuit protection and power distribution solutions…as our end markets are moving to higher power and higher energy density.' Looking ahead, management's guidance factors in continued supply chain flexibility and active tariff mitigation strategies. CFO Meenal Sethna noted that tariff headwinds are being managed through diversified manufacturing and pricing adjustments, stating, 'We do not expect tariffs to have a material impact to our second quarter earnings.' Forward guidance also reflects a strong backlog and book-to-bill ratio above 1.0, although management remains cautious about demand risk in the second half, especially in automotive and personal electronics. With a new CEO at the helm, Littelfuse's management provided detailed insight into product and end-market trends that shaped the quarter's outcome and informed the outlook. Industrial Segment Growth: The industrial segment benefited from robust demand in renewables, data center, and HVAC (heating, ventilation, and air conditioning) applications, resulting in significant margin expansion. Management attributed this to 'strong conversion on volume growth' and ongoing favorable pricing. Data Center and Grid Storage Wins: Littelfuse secured notable design wins in data center circuit protection and grid storage applications, leveraging its expertise in high-speed fuses and power semiconductors. CEO Greg Henderson explained that the shift to higher voltage and current architectures in these markets increases demand for Littelfuse's safety and protection solutions. Electronics Segment Recovery: The electronics segment saw sequential improvement, particularly in passive products, which benefited from end-demand recovery and improved channel orders. Semiconductor products remained soft, offset by better demand for protection products. Transportation Margin Initiatives: Although the transportation segment experienced continued demand softness, especially in passenger cars, management successfully expanded margins through pricing actions, cost reduction, and portfolio optimization, including pruning less profitable auto sensor offerings. Tariff and Supply Chain Adaptation: Management outlined a flexible operating model, diversifying manufacturing closer to customers and working with partners to mitigate tariff impacts. Actions include adjusting sourcing, logistics, and implementing targeted pricing changes, which management believes will minimize near-term tariff effects. Management's outlook for the next quarter and beyond centers on maintaining margin improvements, navigating global trade uncertainty, and capturing growth in electrification and data center markets. End-Market Electrification Trends: Littelfuse expects ongoing investment in electrification—such as data centers, grid storage, and renewables—to drive higher content opportunities and expand addressable markets for its protection and sensing products. Operational Flexibility and Tariff Response: The company is deploying a diversified manufacturing footprint and supply chain strategy to respond to shifting tariff environments, aiming to protect profitability through local-for-local production and agile pricing. Strategic Acquisitions and Portfolio Optimization: Management intends to pursue disciplined acquisitions and further collaborate across business units to deliver integrated solutions. This includes leveraging best practices to enhance both growth potential and long-term margin expansion. Luke Junk (Baird): Asked how Littelfuse is mitigating tariff impacts across geographies. Management detailed supply chain diversification and customer-specific pricing strategies, reiterating that tariffs are not expected to materially affect near-term earnings. Luke Junk (Baird): Inquired about the sequential improvement in electronics margins. CFO Meenal Sethna attributed gains to organic volume growth and ongoing cost controls, rather than any extraordinary items. Luke Junk (Baird): Sought clarity on the scale of data center exposure and AI-related opportunities. CEO Greg Henderson described growing data center content, particularly as customers adopt higher-voltage architectures, calling it a 'significant change and big content opportunity.' Christopher Glynn (Oppenheimer): Asked about the power semiconductor business outlook. Management acknowledged continued softness but emphasized long-term differentiation in high-voltage, high-current applications and ongoing strategy work. David Silver (CL King): Queried changes in long-term customer collaboration due to trade policy uncertainty. CEO Henderson reported no major shifts in strategic R&D partnerships, with customers maintaining focus on long-term growth trends despite short-term trade anxieties. In the coming quarters, the StockStory team will monitor (1) whether Littelfuse can sustain momentum in data center and grid storage design wins; (2) the effectiveness of its supply chain and tariff mitigation strategies in protecting margins; and (3) the pace of recovery in end markets like transportation and electronics semiconductors. Additional attention will be given to the incoming CFO transition and updates on the company's evolving growth strategy. Littelfuse currently trades at a forward P/E ratio of 22.3×. Should you double down or take your chips? The answer lies in our free research report. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
