LITTELFUSE INC /DE
LFUS · Industrials · FY2025 filings · Shallow moat ·
Doesn't clear the bar
The four filters
Median gross margin 38.0% over 10y, very stable.
Median ROIC 10.5%, above the 9% hurdle in 70% of years.
Net debt/EBITDA 6.4x, interest coverage 1x.
Owner earnings trend unclear, share count flat.
Margin of safety
- Owner earnings (normalized)
- $291.9M
- Est. intrinsic value / share
- —
- Recent price
- $397.75
- Discount to value
- No price data
Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
18 years of fundamentals
The business, in plain English
LITTELFUSE INC /DE booked $2.4B of revenue in FY2025 in the Industrials sector and kept 38.0% of it as gross profit — a solid-margin business by that measure. After every other cost, −3.0% of each revenue dollar reached the bottom line.
Across the filed record, revenue grew from $430.1M (FY2009) to $2.4B (FY2025) — about 11.3% a year compounded over 16 years.
It earned 0.9% on invested capital in FY2025, with a median of 13.6% across 17 filed years. The Returns on Capital filter above scores it 48/100.
The balance sheet carried $802.6M of total debt in FY2025. Balance-Sheet Safety scores it 0/100.
The share count rose 4.4% between FY2010 and FY2017 — existing owners have been diluted over the record. Capital Discipline scores it 43/100.
Put together: Pricing Power is the strongest of the four filters (63/100) and Balance-Sheet Safety the weakest (0/100), which is how LFUS lands at 42/100 — a Shallow moat.
This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.
Gaps in a line mean that item isn’t in LFUS’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.
Moat Score history
Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.
Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars
None yet — LFUS has read Shallow moat for every logged capture since Jul 17, 2026.
Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.
Industrials context
#143 of 309 scored Industrials companies, ranked by Moat Score.
Nearest peers by Moat Score
- #141BXC BlueLinx Holdings Inc.43.5 out of 100, Shallow moatShallow moat
- #142IR Ingersoll Rand Inc.43.4 out of 100, Shallow moatShallow moat
- #144GDC GD CULTURE GROUP LIMITED42.0 out of 100, Shallow moatShallow moat
- #145FSTR L.B. Foster Company41.6 out of 100, Shallow moatShallow moat
Compare LFUS with its nearest peers →All Industrials companies on the Index →
Common questions about LFUS
- Does LITTELFUSE INC /DE have an economic moat?
- Based on its FY2025 SEC filings, the Moat Index scores LITTELFUSE INC /DE (LFUS) 42.1 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 63, returns on capital 48, balance-sheet safety 0, capital discipline 43.
- How has LFUS's Moat Score changed over time?
- The record logs 3 readings since Jul 17, 2026; the latest reads 42.1 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.