LFUS FY 2022 Earnings Report — Littelfuse, Inc. Revenue & Financial Results | Market Cap Arena

Littelfuse, Inc.LFUS

FY 2022 Earnings

Reported February 16, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$2.5B	—	$2.1B	—	20.9%
Op. Income	$501M	—	$386M	—	29.9%
Gross Margin	40.1%	—	37.1%	—	2.9pp
Net Margin	14.8%	—	13.6%	—	1.2pp
EPS (Diluted)	$14.94	—	$11.38	—	31.3%
Free Cash Flow	$315M	—	$283M	—	11.5%

Revenue Flow

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$1.5B
GROSS PROFIT	$1.0B
R&D Expenses	$96M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$345M
Other Expenses	$66M
Operating Expenses	$506M
Cost & Expenses	$2.0B
OPERATING INCOME	$501M
Interest Income	$0
Interest Expense	$26M
Other Income/Expenses	-$58M
INCOME BEFORE TAX	$443M
Income Tax Expense	$70M
Net Income from Continuing Ops	$373M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$373M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$373M
D&A	$121M
EBIT	$469M
EBITDA	$590M
EPS	$15
EPS Diluted	$15

Income Statement

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$1.5B
GROSS PROFIT	$1.0B
R&D Expenses	$96M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$345M
Other Expenses	$66M
Operating Expenses	$506M
Cost & Expenses	$2.0B
OPERATING INCOME	$501M
Interest Income	$0
Interest Expense	$26M
Other Income/Expenses	-$58M
INCOME BEFORE TAX	$443M
Income Tax Expense	$70M
Net Income from Continuing Ops	$373M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$373M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$373M
D&A	$121M
EBIT	$469M
EBITDA	$590M
EPS	$15
EPS Diluted	$15

Cash Flow Statement

Item	Amount
Net Income	$373M
Depreciation & Amortization	$121M
Stock-Based Compensation	$24M
Deferred Income Tax	-$22M
Other Non-Cash Items	$67M
Change in Working Capital	-$142M
OPERATING CASH FLOW	$420M
Capital Expenditure	-$104M
Acquisitions (Net)	-$533M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$614.0K
NET CASH FROM INVESTING	-$636M
Net Debt Issuance	$369M
Common Stock Repurchased	$0
Common Dividends Paid	-$56M
Other Financing Activities	-$2M
NET CASH FROM FINANCING	$310M
FREE CASH FLOW	$315M
Net Change in Cash	$82M

Balance Sheet

Item	Amount
Cash & Equivalents	$563M
Short-Term Investments	$84.0K
Net Receivables	$314M
Inventory	$548M
Other Current Assets	$88M
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$538M
Goodwill	$1.2B
Intangible Assets	$594M
Long-Term Investments	$24M
Tax Assets	$14M
Other Non-Current Assets	$34M
TOTAL NON-CURRENT ASSETS	$2.4B
TOTAL ASSETS	$3.9B
Account Payables	$209M
Short-Term Debt	$135M
Deferred Revenue	$3M
Other Current Liabilities	$105M
TOTAL CURRENT LIABILITIES	$572M
Long-Term Debt	$867M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$100M
Other Non-Current Liabilities	$108M
TOTAL NON-CURRENT LIABILITIES	$1.1B
TOTAL LIABILITIES	$1.7B
Common Stock	$261.0K
Additional Paid-In Capital	$974M
Retained Earnings	$1.6B
Treasury Stock	-$253M
Accum. Other Comp. Income	-$96M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.2B
Minority Interest	$184.0K
TOTAL EQUITY	$2.2B
TOTAL LIABILITIES & EQUITY	$3.9B
Total Debt	$1.1B
Net Debt	$497M