Slide 1: Investor Presentation
Investor Presentation May 2025
Slide 2: Disclaimers
DISCLAIMERS Important Information About Littelfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Littelfuse, Inc. and no investment decision should be made based upon the information provided he
Slide 3: Littelfuse Snapshot
Littelfuse Snapshot Leader in developing smart solutions that enable safe and efficient electrical energy transfer 2024 Revenue Company Overview 1927 ~16,000 Industrial Founded Total Employees Segment 15% ~100,000 ~17B End Customers Components Sold by Electronics Reported Segment Segment 54% $2.2B $
Slide 4: Littelfuse Q1 2025 Financial Summary
Littelfuse Q1 2025 Financial Summary (in millions) Financial Metrics Q1 2025 Q1 2024 Change Revenue $554 $535 4% Adj. Operating Income $79 $59 34% Adj. Operating Income Margin 14.2% 11.0% 320 bps Adj. EPS $2.19 $1.76 24% Free Cash Flow $43 $42 3% Q1 2025 Highlights ✓ 3% organic growth driven by Elec
Slide 5: Welcome New CEO Dr. Greg Henderson
WELCOME NEW CEO DR. GREG HENDERSON Key Observations ✓ Littelfuse is a leader in developing smart solutions that enable safe & efficient electrical energy transfer. ✓ We have a highly talented team and a well-positioned global operating model. ✓ We have a history of strong profitability and cash gene
Slide 6: Why Littelfuse Wins
WHY LITTELFUSE WINS OUR VALUE PROPOSITION ▪ Market leaders in enabling safe and efficient electrical energy transfer ▪ Global scale and engineering expertise ▪ Customer partnerships with leading innovators across broad end market Core Market Leadership exposures ▪ Core circuit protection leadership
Slide 7: Global Footprint, Flexible Operating Model
GLOBAL FOOTPRINT, FLEXIBLE OPERATING MODEL Littelfuse Global Operating Footprint Global footprint strategically positioned to support customers in-region – Balanced revenue exposure – Strategically positioned close to customers and supply chains – Local teams in local markets Flexible operating mode
Slide 8: Technology Spotlight – Data Center Capabilities
TECHNOLOGY SPOTLIGHT – DATA CENTER CAPABILITIES Empowering a Sustainable Data Center ▪ Key supplier and partner to leading data center hyperscaler and infrastructure innovators ▪ Leading capabilities range from power distribution and on-the-rack power shelves to cooling and power supply ▪ Leveraging
Slide 9: History of Strong Cash Generation & Capital Deployment
HISTORY OF STRONG CASH GENERATION & CAPITAL DEPLOYMENT Well-positioned business model & execution drive robust long-term cash generation – Prioritizing growth investments – Disciplined approach to working capital management – Targeting 100+% conversion in FCF – Strong and flexible balance sheet su
Slide 10: Q1 2025 Financial Summary
Q1 2025 FINANCIAL SUMMARY Strong first quarter performance as sales and EPS exceeded the 01 prior guided range Q1 momentum across all businesses reflected in sequential sales 02 growth and improved book-to-bill Into Q2, we have a strong backlog and are focused on 03 executing through an uncertain en
Slide 11: Q1 2025 Total Company
Q1 2025 TOTAL COMPANY FINANCIAL PERFORMANCE ▪ Revenue +4% reported and +3% organically Revenue vs. PY ▪ GAAP op margin 12.7%; Adjusted op margin 14.2%, +320 bps vs PY $535 $554 ▪ Strong operational performance, conversion on sales growth ▪ Effective tax rate: GAAP 27.3%; Adj. 25.5% Q1-24 Q1-25 ▪ Q1
Slide 12: Q1 2025 Electronics Segment
Q1 2025 ELECTRONICS SEGMENT FINANCIAL PERFORMANCE Revenue ▪ Revenue +6% reported and +3% organically vs. PY ▪ Passive products +12% vs. PY; +13% organic ▪ Semiconductors flat vs. PY; (-5%) organic $291 $307 ▪ +4% from Dortmund capacity sharing agreement ▪ Improved Passive Products & Protection order
Slide 13: Q1 2025 Transportation Segment
Q1 2025 TRANSPORTATION SEGMENT FINANCIAL PERFORMANCE Revenue ▪ Revenue (-5%) reported and (-4%) organically vs. PY ▪ Passenger vehicle (-7%) / Organic (-6%) ▪ Lower global car builds, unfavorable regional mix $170 $162 & planned auto sensor pruning ▪ Commercial vehicle (-2%) / Organic (-2%) ▪ Contin
Slide 14: Q1 2025 Industrial Segment
Q1 2025 INDUSTRIAL SEGMENT FINANCIAL PERFORMANCE Revenue ▪ Revenue +15% reported and +16% organically vs. PY ▪ Strong renewable, data center and HVAC growth; favorable pricing $74 $85 ▪ Q1 Op margin 15.3%, +880 bps vs PY ▪ Strong execution, conversion on sales growth Q1-24 Q1-25 Op Margin 6.5% 15.3%
Slide 15: Q2 2025 Guidance
Q2 2025 GUIDANCE ▪ Entered Q2 with momentum and a strong backlog Revenue ▪ Prepared to navigate an uncertain environment ▪ Flexible operating model, experienced global teams & a strong balance sheet ▪ Deploying a strong tariff mitigation playbook $558 $554 $565 - $595 ▪ Sales $565m - $595m ▪ +5% seq
Slide 16: Full Year 2025 Considerations / Expectations
FULL YEAR 2025 CONSIDERATIONS / EXPECTATIONS ▪ FY Dortmund capacity sharing agreement impact… +2% growth to Company sales, Neutral EPS impact ▪ F/X & Commodities +1% tailwind to sales; ~+$0.40 benefit to EPS, +60 bps margin benefit at current rates ▪ Other Assumptions – $58m amortization expense – $
Slide 17: Appendix
APPENDIX Littelfuse, Inc. © 2025 17
Slide 18: Supplemental Financial Information
SUPPLEMENTAL FINANCIAL INFORMATION Note: Total will not always foot due to rounding. (a) reflected in selling, general and administrative expenses ("SG&A"). (b) reflected in cost of sales. (c) reflected in restructuring, impairment and other charges. (c) 2024 amount reflected a gain of $0.3 million
Slide 19: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Littelfuse, Inc. © 2025 19
Slide 20: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Littelfuse, Inc. © 2025 20
Slide 21: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D (1) Passenger vehicle business (PVB) includes passenger car and auto sensor products. Littelfuse, Inc. © 2025 21
Slide 22: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Littelfuse, Inc. © 2025 22
Slide 23: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D * Our Credit Agreement and Private Placement Note with maturities ranging from 2024 to 2032, contain financial ratio covenants providing that if, as of the last day of each fiscal quarter, the Consolidated Net Leverage ratio at such time for the then most re
Slide 24: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Note: Total will not always foot due to rounding. (a) reflected in selling, general and administrative expenses ("SG&A"). (b) reflected in restructuring, impairment and other charges. (c) 2024 amount reflected a gain of $0.7 million recorded for the sale of
Slide 25: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Littelfuse, Inc. © 2025 25
Slide 26: Supplemental Financial Information
SUPPLEMENTAL FINANCIAL INFORMATION Littelfuse, Inc. © 2025 26