Littelfuse, Inc. Reports Record Results


July 29, 2021

Littelfuse, Inc., an industrial technology manufacturing company has reported financial results for the second quarter ended June 26, 2021.

Net sales of US$523.5 million were driven by strong demand across a number of electronics, automotive and industrial end markets, and operational execution (all figures in $US). GAAP operating margin was 18.4%; adjusted operating margin was 19.5%; GAAP diluted EPS of $3.30 and adjusted diluted EPS of $3.41. Cash flow from operations was $76.2 million and free cash flow was $58.2 million.

The company’s Board of Directors approved a 10% increase in the quarterly cash dividend from $0.48 to $0.53; this equates to an annualized dividend of $2.12 per share
“Through exceptional teamwork and strong business fundamentals, we delivered record revenue and earnings within a challenging operating environment,” says Dave Heinzmann, Littelfuse President and Chief Executive Officer. “I am extremely proud of our day-to-day execution over the past several quarters, while continuing to execute on our strategic initiatives to deliver our five-year strategy. Across our end markets, we expect strong demand through the year, with content growth led by increased electrification and more sophisticated protection.”

For the third quarter, the company expects net sales in the range of $510 to $524 million and adjusted diluted EPS in the range of $3.07 to $3.23.

Littelfuse is an industrial technology manufacturing company empowering a sustainable, connected, and safer world. Across more than 15 countries, and with 12,000 global associates, Littlefuse partners with customers to design and deliver innovative, reliable solutions. Serving over 100,000 end customers, the company’s products are found in a variety of industrial, transportation and electronics end markets. Learn more at

Related Articles

Changing Scene

  • Nedco Introduces Jay Frezell as New General Manager at Nedco West

    Nedco Introduces Jay Frezell as New General Manager at Nedco West

    Nedco has announced Jay Frezell as the new General Manager of Nedco West, effective August 1st, 2024. “Jay brings over 25 years of experience in the datacom, power quality, and wire & cable industries. His impressive track record of success in distribution, sales, and manufacturing equips him with a deep understanding of our industry’s challenges and opportunities,”… Read More…

  • OmniCable Hires Jeremy Crosby as National Account Manager

    OmniCable Hires Jeremy Crosby as National Account Manager

    Omni Cable LLC is proud to announce the appointment of Jeremy Crosby as National Account Manager. In this role, Crosby will oversee one of OmniCable’s national accounts. “As someone who prioritizes continuous improvement, I am excited to be a part of a culture that pushes boundaries while maintaining a standard of service and accountability that… Read More…

Peers & Profiles