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Littelfuse LFUS Q2 2024 earnings

Reported July 30, 2024 · After market close

Revenue$558.5MBeat by $18.2M
EPS$1.97Beat by $0.21
Revenue estimate$540.3M
EPS estimate$1.76

Next report

Date not yet announced

Financials

Q2 2024

Income statement

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Revenue$558.5M-8.7%
Gross profit$207.0M-11.9%
Operating income$65.5M-28.8%
Net income$45.5M-35.1%
EPS (diluted)$1.82-34.8%

Balance sheet

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Cash & equivalents$563.3M+16.6%
Total debt$913.1M-12.6%
Total equity$2.5B+4.6%
Total assets$3.9B-1.3%

Cash flow

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Operating cash flow$69.4M-29.3%
CapEx$19.1M+20.8%
Free cash flow$50.3M-39.0%

Valuation & ratios

Valuation

as of 06/29/24
See full
Market cap$6.37B-12.0%
Enterprise value$6.72B-13.9%
P/E32.7×+10.6×
P/S2.8×-0.1×

Profitability

See full
Gross margin36.5%-2.2pp
Operating margin12.5%-4.3pp
Net margin8.7%-4.4pp
FCF margin15.8%+3.1pp

Returns & leverage

See full
Return on equity8.1%-6.8pp
Debt / equity0.4×-0.1×
Current ratio3.5×+0.6×

Segments

By product

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Electronics – Semiconductor$159.6M-19.1%
Electronics – Passive Products and Sensors$146.1M-4.4%
Industrial Products$83.9M-6.6%
Commercial Vehicle Products$80.8M-3.1%
Passenger Car Products$69.0M+4.8%

By segment

See full
Electronics$305.6M-12.7%
Transportation$169.0M-1.8%
Industrial$83.9M-6.6%

By geography

See full
United States$201.8M
China$131.5M

Versus estimates

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Questions, answered.

When did Littelfuse report Q2 2024 earnings?
Littelfuse (LFUS) reported Q2 2024 earnings on July 30, 2024 after market close.
What were Littelfuse's Q2 2024 revenue and EPS?
Littelfuse reported revenue of $558.5M and eps of $1.97 for Q2 2024.
Did Littelfuse beat estimates in Q2 2024?
Revenue beat the consensus estimate of $540.3M by $18.2M. EPS beat the consensus estimate of $1.76 by $0.21.
Where can I find Littelfuse's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0000889331-24-000161) directly on SEC EDGAR. The filing index links above go to sec.gov.