Littelfuse Management
Management criteria checks 2/4
Littelfuse's CEO is Greg Henderson, appointed in Feb 2025, has a tenure of 1.42 years. total yearly compensation is $19.61M, comprised of 4.6% salary and 95.4% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth $1.38M. The average tenure of the management team and the board of directors is 3.5 years and 13.3 years respectively.
Key information
Greg Henderson
Chief executive officer
US$19.6m
Total compensation
| CEO salary percentage | 4.57% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.01% |
| Management average tenure | 3.5yrs |
| Board average tenure | 13.3yrs |
Recent management updates
Recent updates
Narrative Update • Jun 30
LFUS: Strong Buy Rating And Higher Margins Will Drive Future Upside
The analyst fair value estimate for Littelfuse has been revised from $408 to $535. The change reflects updated models following recent conference presentations and a series of higher price targets from multiple research firms.Analysis Article • Jun 20
Littelfuse (LFUS) Stock Near Fair Value After Earnings Beat and Zacks Upgrade
Littelfuse (LFUS) has quickly drawn investor attention after reporting quarterly revenue of $657 million, up 18.5% year on year, and beating analyst expectations alongside stronger EBITDA and adjusted operating income. See our latest analysis for Littelfuse. The strong quarterly update and recent Zacks Rank #1 upgrade appear to have fed into Littelfuse’s momentum, with a 90 day share price return of 49.64% and a 1 year total shareholder return of 121.13% signaling that optimism has been...
Narrative Update • Jun 16
LFUS: Raised Models And Rich P E Will Likely Cap Share Returns
The analyst price target for Littelfuse has been raised from $320 to $390, with analysts pointing to refreshed models that reflect updated expectations for revenue growth, profit margins, and a slightly adjusted P/E outlook following recent research updates. Analyst Commentary Recent research on Littelfuse centers on refreshed models and updated price targets, with several firms revising their views following conference presentations and new assumptions for revenue, margins, and P/E.
Narrative Update • Jun 02
LFUS: AI And Defense Demand Will Drive Balanced Future Return Potential
Narrative Update: Littelfuse Analyst Price Target Move The updated analyst fair value estimate for Littelfuse has shifted from $475 to $477.50, as analysts factor in Street research pointing to AI and defense demand tailwinds, a higher long term revenue growth assumption of 11.62% and a slightly lower future P/E of 31.21x. Analyst Commentary Recent Street research on Littelfuse has focused on how AI and defense demand, as well as prior stock price volatility, feed into valuation assumptions and execution risk.Seeking Alpha • May 12
Littelfuse: Riding The AI Supply Wave
Summary Littelfuse has delivered over 50% share price returns, underpinned by robust earnings growth and accelerating sales momentum. Littelfuse trades at ~30x forward earnings, justified by strong operational leverage and margin expansion, though organic growth lags leading AI peers. Recent results show 19% Q1 sales growth (9% organic), with the Basler acquisition and currency effects contributing about half of total growth. I remain cautious on Littelfuse at current multiples, as organic growth near 10% is unexceptional relative to other AI suppliers. Read the full article on Seeking AlphaNarrative Update • May 12
LFUS: AI And Defense Demand Will Support Future Returns After Recent Pullback
Analysts have lifted their price target on Littelfuse from $367 to $475, citing updated assumptions for higher revenue growth, stronger profit margins, and a modestly higher future P/E multiple supported by recent upbeat research commentary from several firms. Analyst Commentary Recent research notes on Littelfuse cluster firmly on the optimistic side, with several price target increases and positive tags reflecting confidence in the company’s long term setup.Narrative Update • Apr 21
LFUS: AI And Defense Optimism Will Likely Cap Future Return Potential
Analysts have raised the Littelfuse price target from $275 to $320, citing research that highlights supportive AI and defense demand trends, along with updated assumptions for revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent research on Littelfuse has focused on how AI and defense demand could support the business, with several firms updating their models and price targets.Narrative Update • Apr 06
LFUS: AI And Defense Demand Will Support Measured Returns After Pullback
The analyst fair value estimate for Littelfuse has moved from $353.60 to $367.00 as analysts highlight AI and defense demand as key supports for the updated targets. Analyst Commentary Recent Street research has turned more constructive on Littelfuse, with several firms updating views and price targets alongside the recalibrated fair value estimate.Narrative Update • Mar 23
LFUS: AI And Defense Tailwinds Will Steady Returns After Recent Pullback
Analysts have raised their Littelfuse price target by $35 to $408, citing what they view as favorable underlying trends supported by AI and defense demand, even after the recent selloff. Analyst Commentary Recent research has focused on how Littelfuse could be positioned against themes such as AI related infrastructure and defense demand, especially after the recent share price pullback.Narrative Update • Mar 09
LFUS: Higher Future P/E And Margin Assumptions Will Drive Upside Potential
The analyst price target for Littelfuse has shifted from $360 to $408. Analysts point to updated assumptions around the discount rate, revenue growth, profit margin, and future P/E to support the change.Narrative Update • Feb 23
LFUS: Rating Upgrade And 2026 Sales Outlook Will Guide Balanced Return Prospects
Analysts have adjusted their price target on Littelfuse to $353.60 from $344.00. This change reflects updated views on fair value and future P/E assumptions, supported by recent research updates and upgrades from multiple firms.Narrative Update • Feb 09
LFUS: Rating Upgrade And 2026 Sales Guidance Will Shape Balanced Risk Outlook
The analyst price target for Littelfuse has moved from US$307.50 to US$344.00, with analysts referencing their recent research updates as support for the higher fair value range. Analyst Commentary Bullish analysts are using the latest research updates to justify a higher fair value range for Littelfuse, reflected in the recent price target moves and an upgrade in rating.Analysis Article • Feb 04
What Littelfuse, Inc.'s (NASDAQ:LFUS) 26% Share Price Gain Is Not Telling You
Littelfuse, Inc. ( NASDAQ:LFUS ) shares have continued their recent momentum with a 26% gain in the last month alone...Narrative Update • Jan 25
LFUS: Higher P/E Assumptions Will Support A US$360 Upside Case
Analysts have raised their price target for Littelfuse by $35 to $360, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and forward P/E that reflect their latest research views. Analyst Commentary Bullish analysts lifting their fair value estimates to US$360 are signaling stronger confidence in how Littelfuse can execute against their updated assumptions on revenue, margins, discount rate, and forward P/E.Narrative Update • Jan 10
LFUS: Buyback Completion And Margin Assumptions Will Shape Balanced Return Outlook
Analysts have maintained their fair value estimate for Littelfuse at US$275.00. Updated assumptions for revenue growth, profit margins, the discount rate, and a slightly higher future P/E are shaping their revised price target narrative.Analysis Article • Jan 05
When Should You Buy Littelfuse, Inc. (NASDAQ:LFUS)?
Littelfuse, Inc. ( NASDAQ:LFUS ), might not be a large cap stock, but it saw a double-digit share price rise of over...Narrative Update • Dec 15
LFUS: AI Efficiencies And Margin Runway Will Shape Balanced Return Outlook
Analysts have raised their fair value estimate for Littelfuse from $194 to $275 per share, citing stronger secular growth tailwinds, early benefits from the company’s artificial intelligence initiatives, and an improving margin outlook that they believe is not yet fully reflected in the stock’s valuation. Analyst Commentary While recent research notes highlight Littelfuse’s exposure to attractive secular growth drivers and early benefits from its artificial intelligence initiatives, not all market observers are equally enthusiastic about the pace or durability of the current momentum.Narrative Update • Oct 26
Secular Trends And Artificial Intelligence Will Drive Broader Market Opportunities Ahead
Analysts have raised Littelfuse's price target by $20 to $310, citing anticipated benefits from secular growth trends as well as early positive results from the company's artificial intelligence initiatives. Analyst Commentary Recent commentary from industry analysts reflects a mix of optimism and caution regarding Littelfuse’s future prospects, particularly in light of its increasing focus on artificial intelligence and secular growth trends in its markets.Narrative Update • Oct 12
Electrification, Renewables And Data Centers Will Expand Future Markets
The analyst price target for Littelfuse has increased from $300 to $307.50. Analysts cite ongoing margin improvements, initial benefits from artificial intelligence initiatives, and industry growth drivers as the basis for their increased optimism.Analysis Article • Sep 17
Is Littelfuse (NASDAQ:LFUS) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Aug 31
Littelfuse, Inc.'s (NASDAQ:LFUS) Price In Tune With Earnings
With a price-to-earnings (or "P/E") ratio of 60.1x Littelfuse, Inc. ( NASDAQ:LFUS ) may be sending very bearish signals...Analysis Article • Aug 12
Some Investors May Be Willing To Look Past Littelfuse's (NASDAQ:LFUS) Soft Earnings
Littelfuse, Inc.'s ( NASDAQ:LFUS ) stock was strong despite it releasing a soft earnings report last week. However, we...Analysis Article • Aug 07
Littelfuse's (NASDAQ:LFUS) Upcoming Dividend Will Be Larger Than Last Year's
Littelfuse, Inc. ( NASDAQ:LFUS ) has announced that it will be increasing its dividend from last year's comparable...Seeking Alpha • Apr 15
Littelfuse: Headwinds Likely To Persist, But Valuation Is Now Very Attractive
Summary Littelfuse’s growth depends heavily on macroeconomic conditions, and recent weakness in end-markets (e.g., consumer electronics, appliances) plus recession fears and tariffs have hampered revenue growth and share price performance. Despite short-term challenges, the company’s essential components for circuit protection, sensing, and power control are well-positioned to benefit from key mega-trends such as electrification, EV adoption, renewable energy, and industrial. Roughly half of Littelfuse’s revenue growth over the years has come from disciplined M&A, supported by a healthy balance sheet that gives it flexibility to act on attractive bolt-on opportunities. The company’s share price decline has left valuation multiples (Price/Sales, EV/Revenue, and forward P/E) below historical averages and even below levels seen during the pandemic, suggesting potential long-term upside once the macroeconomic environment stabilizes. Read the full article on Seeking AlphaSeeking Alpha • Jan 30
Sparks Fly, But Not Enough To Ignite A Buy On Littelfuse
Summary Littelfuse, Inc. is a well-established electronics manufacturer with a diversified portfolio across Electronics, Transportation, and Industrial segments, showing steady revenue despite recent declines. The company maintains a strong financial position with solid cash flow, expanding margins, and strategic acquisitions, but faces headwinds in key markets. Valuation concerns arise due to earnings multiple compression and market uncertainties, suggesting a “Hold” rating until clearer signs of demand recovery or a better entry point. Long-term potential exists in electrification and automation, but sequential margin improvement and stabilization in semiconductor/EV component orders are crucial for validating the LFUS stock bull case. Read the full article on Seeking AlphaCEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 28 2026 | n/a | n/a | -US$40m |
| Dec 27 2025 | US$20m | US$896k | -US$72m |
| Sep 27 2025 | n/a | n/a | US$119m |
| Jun 28 2025 | n/a | n/a | US$107m |
| Mar 29 2025 | n/a | n/a | US$95m |
| Dec 28 2024 | US$273k | n/a | US$100m |
| Sep 28 2024 | n/a | n/a | US$195m |
| Jun 29 2024 | n/a | n/a | US$195m |
| Mar 30 2024 | n/a | n/a | US$219m |
| Dec 30 2023 | US$218k | n/a | US$259m |
Compensation vs Market: Greg's total compensation ($USD19.61M) is above average for companies of similar size in the US market ($USD14.67M).
Compensation vs Earnings: Greg's compensation has increased whilst the company is unprofitable.
CEO
Greg Henderson (57 yo)
1.4yrs
Tenure
US$19,605,954
Compensation
Dr. Gregory N. Henderson, also known as Greg, Ph D., is an Independent Director at Littelfuse, Inc. since May 15, 2023 and is its President and Chief Executive Officer from February 10, 2025. He serves as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.4yrs | US$19.61m | 0.013% $ 1.4m | |
| Executive VP & CFO | 1.1yrs | US$5.38m | 0.035% $ 3.7m | |
| Senior VP & GM of Electronics Business | 15.5yrs | US$2.87m | 0.019% $ 2.0m | |
| Senior VP & GM of Industrial Business | 4.3yrs | US$2.58m | 0.042% $ 4.4m | |
| Senior Vice President of Global Operations | 1.5yrs | no data | no data | |
| Senior VP | 8.9yrs | no data | 0.0019% $ 203.7k | |
| Head of Investor Relations | 2.7yrs | no data | no data | |
| Chief Legal Officer & Corporate Secretary | less than a year | no data | no data | |
| Senior VP & Chief Human Resources Officer | 5yrs | US$1.28m | 0.0039% $ 405.3k | |
| Senior VP & GM of Passenger Vehicle Business | 8yrs | no data | no data | |
| Senior VP and Chief Digital & Information Technology Officer | 6.5yrs | no data | no data | |
| Senior VP and GM of Passenger Vehicle Business & Commercial Vehicle Products | 2.5yrs | no data | 0.021% $ 2.2m |
3.5yrs
Average Tenure
54yo
Average Age
Experienced Management: LFUS's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.2yrs | US$19.61m | 0.013% $ 1.4m | |
| Independent Director | 19.4yrs | US$299.11k | 0.11% $ 11.3m | |
| Independent Lead Director | 19yrs | US$295.76k | 0.076% $ 8.0m | |
| Independent Director | 34.6yrs | US$287.45k | 0.26% $ 27.0m | |
| Independent Chairman of the Board | 24.1yrs | US$354.94k | 0.11% $ 11.1m | |
| Independent Director | 6.4yrs | US$277.42k | 0.0067% $ 702.4k | |
| Independent Director | 7.6yrs | US$299.94k | 0.013% $ 1.4m | |
| Independent Director | less than a year | no data | no data |
13.3yrs
Average Tenure
65.5yo
Average Age
Experienced Board: LFUS's board of directors are seasoned and experienced ( 13.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/12 01:03 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/28 |
| Annual Earnings | 2025/12/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Littelfuse, Inc. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Luke Junk | Baird |
| Gary Prestopino | Barrington Research Associates, Inc. |
| Anthony Kure | KeyBanc Capital Markets Inc. |