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Side-by-side financial comparison of BEL FUSE INC (BELFA) and UNITIL CORP (UTL). Click either name above to swap in a different company.

BEL FUSE INC is the larger business by last-quarter revenue ($178.5M vs $161.5M, roughly 1.1× UNITIL CORP). UNITIL CORP runs the higher net margin — 11.8% vs 8.4%, a 3.4% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs 17.2%). Over the past eight quarters, BEL FUSE INC's revenue compounded faster (15.8% CAGR vs -4.9%).

Bel Fuse Inc. is a global manufacturer of electronic components, offering interconnect solutions, magnetics, and circuit protection products for industries including automotive, data communications, aerospace, industrial, and consumer electronics. It serves original equipment manufacturers and contract manufacturers across North America, Europe, and Asia, prioritizing high-performance, reliable components for cutting-edge technology applications.

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

BELFA vs UTL — Head-to-Head

Bigger by revenue
BELFA
BELFA
1.1× larger
BELFA
$178.5M
$161.5M
UTL
Growing faster (revenue YoY)
UTL
UTL
+9.4% gap
UTL
26.7%
17.2%
BELFA
Higher net margin
UTL
UTL
3.4% more per $
UTL
11.8%
8.4%
BELFA
Faster 2-yr revenue CAGR
BELFA
BELFA
Annualised
BELFA
15.8%
-4.9%
UTL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BELFA
BELFA
UTL
UTL
Revenue
$178.5M
$161.5M
Net Profit
$15.0M
$19.0M
Gross Margin
39.0%
Operating Margin
13.3%
21.5%
Net Margin
8.4%
11.8%
Revenue YoY
17.2%
26.7%
Net Profit YoY
-18.2%
21.8%
EPS (diluted)
$1.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BELFA
BELFA
UTL
UTL
Q1 26
$178.5M
Q4 25
$175.9M
$161.5M
Q3 25
$179.0M
$101.1M
Q2 25
$168.3M
$102.6M
Q1 25
$152.2M
$170.8M
Q4 24
$149.9M
$127.5M
Q3 24
$123.6M
$92.9M
Q2 24
$133.2M
$95.7M
Net Profit
BELFA
BELFA
UTL
UTL
Q1 26
$15.0M
Q4 25
$6.4M
$19.0M
Q3 25
$22.6M
$-300.0K
Q2 25
$26.8M
$4.0M
Q1 25
$17.9M
$27.5M
Q4 24
$6.4M
$15.6M
Q3 24
$8.1M
$0
Q2 24
$18.8M
$4.3M
Gross Margin
BELFA
BELFA
UTL
UTL
Q1 26
39.0%
Q4 25
39.4%
Q3 25
39.7%
Q2 25
38.7%
Q1 25
38.6%
Q4 24
37.5%
Q3 24
36.1%
Q2 24
40.1%
Operating Margin
BELFA
BELFA
UTL
UTL
Q1 26
13.3%
Q4 25
14.7%
21.5%
Q3 25
16.9%
6.9%
Q2 25
17.7%
13.0%
Q1 25
16.4%
27.0%
Q4 24
8.3%
22.1%
Q3 24
9.3%
6.2%
Q2 24
17.0%
13.0%
Net Margin
BELFA
BELFA
UTL
UTL
Q1 26
8.4%
Q4 25
3.7%
11.8%
Q3 25
12.6%
-0.3%
Q2 25
15.9%
3.9%
Q1 25
11.7%
16.1%
Q4 24
4.3%
12.2%
Q3 24
6.5%
Q2 24
14.1%
4.5%
EPS (diluted)
BELFA
BELFA
UTL
UTL
Q1 26
Q4 25
$1.05
Q3 25
$-0.02
Q2 25
$0.25
Q1 25
$1.69
Q4 24
$0.97
Q3 24
$0.00
Q2 24
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BELFA
BELFA
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$59.4M
$15.6M
Total DebtLower is stronger
$204.5M
$670.5M
Stockholders' EquityBook value
$438.9M
$609.6M
Total Assets
$951.9M
$2.1B
Debt / EquityLower = less leverage
0.47×
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BELFA
BELFA
UTL
UTL
Q1 26
$59.4M
Q4 25
$57.8M
$15.6M
Q3 25
$57.7M
$14.6M
Q2 25
$59.3M
$8.5M
Q1 25
$65.9M
$10.2M
Q4 24
$68.3M
$6.3M
Q3 24
$134.3M
$6.3M
Q2 24
$85.0M
$2.8M
Total Debt
BELFA
BELFA
UTL
UTL
Q1 26
$204.5M
Q4 25
$197.5M
$670.5M
Q3 25
$670.5M
Q2 25
$640.7M
Q1 25
$642.1M
Q4 24
$287.5M
$643.3M
Q3 24
$643.3M
Q2 24
$511.3M
Stockholders' Equity
BELFA
BELFA
UTL
UTL
Q1 26
$438.9M
Q4 25
$425.5M
$609.6M
Q3 25
$427.8M
$597.2M
Q2 25
$404.7M
$532.8M
Q1 25
$376.9M
$534.1M
Q4 24
$360.6M
$512.5M
Q3 24
$367.4M
$502.4M
Q2 24
$356.4M
$508.8M
Total Assets
BELFA
BELFA
UTL
UTL
Q1 26
$951.9M
Q4 25
$935.2M
$2.1B
Q3 25
$952.8M
$1.9B
Q2 25
$950.6M
$1.9B
Q1 25
$940.5M
$1.9B
Q4 24
$949.8M
$1.8B
Q3 24
$584.4M
$1.7B
Q2 24
$567.6M
$1.7B
Debt / Equity
BELFA
BELFA
UTL
UTL
Q1 26
0.47×
Q4 25
0.46×
1.10×
Q3 25
1.12×
Q2 25
1.20×
Q1 25
1.20×
Q4 24
0.80×
1.26×
Q3 24
1.28×
Q2 24
1.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BELFA
BELFA
UTL
UTL
Operating Cash FlowLast quarter
$13.8M
$21.4M
Free Cash FlowOCF − Capex
$-36.3M
FCF MarginFCF / Revenue
-22.5%
Capex IntensityCapex / Revenue
35.7%
Cash ConversionOCF / Net Profit
0.92×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BELFA
BELFA
UTL
UTL
Q1 26
$13.8M
Q4 25
$29.6M
$21.4M
Q3 25
$22.2M
$15.6M
Q2 25
$20.7M
$42.2M
Q1 25
$8.1M
$52.1M
Q4 24
$8.3M
$23.3M
Q3 24
$27.4M
$26.1M
Q2 24
$32.2M
$49.9M
Free Cash Flow
BELFA
BELFA
UTL
UTL
Q1 26
Q4 25
$26.1M
$-36.3M
Q3 25
$20.3M
$-39.0M
Q2 25
$16.8M
$2.0M
Q1 25
$5.4M
$19.5M
Q4 24
$2.1M
$-32.3M
Q3 24
$23.7M
$-31.3M
Q2 24
$30.8M
$13.2M
FCF Margin
BELFA
BELFA
UTL
UTL
Q1 26
Q4 25
14.9%
-22.5%
Q3 25
11.4%
-38.6%
Q2 25
10.0%
1.9%
Q1 25
3.5%
11.4%
Q4 24
1.4%
-25.3%
Q3 24
19.2%
-33.7%
Q2 24
23.2%
13.8%
Capex Intensity
BELFA
BELFA
UTL
UTL
Q1 26
Q4 25
1.9%
35.7%
Q3 25
1.0%
54.0%
Q2 25
2.3%
39.2%
Q1 25
1.8%
19.1%
Q4 24
4.1%
43.6%
Q3 24
2.9%
61.8%
Q2 24
1.0%
38.3%
Cash Conversion
BELFA
BELFA
UTL
UTL
Q1 26
0.92×
Q4 25
4.59×
1.13×
Q3 25
0.98×
Q2 25
0.77×
10.55×
Q1 25
0.46×
1.89×
Q4 24
1.30×
1.49×
Q3 24
3.39×
Q2 24
1.71×
11.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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