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Bel Fuse (Bel Fuse) Gross Margin %

: 36.56% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Bel Fuse's Gross Profit for the three months ended in Dec. 2023 was $51.2 Mil. Bel Fuse's Revenue for the three months ended in Dec. 2023 was $140.0 Mil. Therefore, Bel Fuse's Gross Margin % for the quarter that ended in Dec. 2023 was 36.56%.


The historical rank and industry rank for Bel Fuse's Gross Margin % or its related term are showing as below:

BELFA' s Gross Margin % Range Over the Past 10 Years
Min: 17.93   Med: 23.53   Max: 33.74
Current: 33.74


During the past 13 years, the highest Gross Margin % of Bel Fuse was 33.74%. The lowest was 17.93%. And the median was 23.53%.

BELFA's Gross Margin % is ranked better than
68.31% of 2439 companies
in the Hardware industry
Industry Median: 24.5 vs BELFA: 33.74

Bel Fuse had a gross margin of 36.56% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bel Fuse was 6.10% per year.


Bel Fuse Gross Margin % Historical Data

The historical data trend for Bel Fuse's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bel Fuse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.33 25.71 24.73 28.04 33.74

Bel Fuse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.03 31.14 32.91 34.95 36.56

Competitive Comparison

For the Electronic Components subindustry, Bel Fuse's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bel Fuse Gross Margin % Distribution

For the Hardware industry and Technology sector, Bel Fuse's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bel Fuse's Gross Margin % falls into.



Bel Fuse Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Bel Fuse's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=215.8 / 639.813
=(Revenue - Cost of Goods Sold) / Revenue
=(639.813 - 423.964) / 639.813
=33.74 %

Bel Fuse's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=51.2 / 140.01
=(Revenue - Cost of Goods Sold) / Revenue
=(140.01 - 88.827) / 140.01
=36.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Bel Fuse  (NAS:BELFA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Bel Fuse had a gross margin of 36.56% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Bel Fuse Gross Margin % Related Terms

Thank you for viewing the detailed overview of Bel Fuse's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bel Fuse (Bel Fuse) Business Description

Traded in Other Exchanges
Address
206 Van Vorst Street, Jersey City, NJ, USA, 07302
Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.
Executives
Daniel Bernstein director, officer: President and CEO
Avi D Eden director
Mark B Segall director 251 WEST 89TH STREET APT 20, NEW YORK NY 10024
Thomas E Dooley director 1515 BROADWAY, NEW YORK NY 10036
Bittner Peter G. Iii officer: Vice President C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Vincent Vellucci director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Rita V Smith director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Craig Brosious officer: Vice President of Finance C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Peter E Gilbert director
John F Tweedy director
Robert H Simandl director
Dennis Ackerman officer: Vice President - Operations C/O BEL FUSE INC, 206 VAN VORST STREET, JERSEY NJ 07302
Eric M Nowling director STANDARD MICROSYSTEMS CORP, 80 ARKAY DRIVE, HAUPPAUGE NY 11788
Norman L. Yeung director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Raymond Cheung officer: Vice President-Asia Operations C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302