Belden

US · BDC #2220 by market cap Listed 1970

109.41 -3.80 -3.36%

Live - 5344 symbols - heartbeat 356s ago · 2026-10-08 07:00

Pre-market 104.45 -4.54%

After-hours 109.41 0.00%

Overnight 109.41 0.00%

Market cap: 4.28B
P/E (TTM): 17.76
P/B: 3.09
EPS: 5.91
Div yield: 0.18%
52W pos: 19%

Reader sentiment Are you bullish or bearish on BDC?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Fair

Altman Z-Score is 2.96, in the 1.8-3.0 "grey zone".
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +10.33% YoY

Margins

Gross margin: 37.98%
Operating margin: 11.63%
Net margin: 8.75%

Key ratios & quality

Enterprise value: 5.19B
Altman Z-Score: 2.96

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	2.17B	2.13B	1.75B	2.30B	2.61B	2.51B	2.46B	2.72B
Gross profit	829.91M	793.51M	575.62M	771.84M	916.29M	954.97M	922.22M	1.03B
Selling & admin expenses	411.35M	417.33M	323.45M	378.03M	448.64M	492.70M	494.60M	533.37M
Research & development	91.55M	94.36M	73.02M	90.23M	104.35M	116.43M	112.37M	128.76M
Operating profit	251.87M	207.21M	150.11M	272.96M	325.44M	305.46M	266.46M	315.69M
Pretax profit	230.08M	152.41M	90.82M	226.78M	317.39M	285.76M	227.94M	266.87M
Tax	62.94M	42.52M	20.10M	27.94M	49.65M	43.20M	29.53M	29.34M
Net profit	160.71M	-376.78M	-55.06M	64.32M	254.82M	242.56M	198.41M	237.52M
Basic EPS	3	-9	-1	1	6	6	5	6
Diluted EPS	3.07	-9.37	-1.23	1.41	5.72	5.66	4.80	5.91

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	624.86M	671.99M	698.22M	720.12M	696.38M	750.16M
Gross profit	245.84M	258.57M	263.20M	263.57M	258.09M	293.62M
Selling & admin expenses	131.52M	131.92M	139.42M	130.51M	138.65M	147.83M
Research & development	28.42M	33.94M	33.86M	32.54M	30.09M	31.71M
Operating profit	72.63M	79.24M	76.29M	87.54M	77.96M	99.26M
Pretax profit	62.08M	66.67M	64.25M	73.86M	62.77M	85.21M
Tax	10.14M	5.67M	7.56M	5.97M	11.74M	16.67M
Net profit	51.94M	61.01M	56.69M	67.89M	51.03M	68.54M
Basic EPS	1	2	1	2	1	2
Diluted EPS	1.27	1.53	1.41	1.70	1.30	1.74

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	1.26B	1.38B	1.10B	1.88B	1.54B	1.46B	1.20B	1.35B
Cash & ST investments	407.45M	407.48M	501.99M	641.56M	687.68M	597.04M	370.30M	389.89M
Inventory	265.00M	231.33M	247.30M	345.20M	341.56M	366.99M	343.10M	402.35M
Total assets	3.78B	3.41B	3.14B	3.42B	3.16B	3.24B	3.33B	3.54B
Total current liabilities	716.92M	722.54M	520.76M	752.87M	639.92M	633.50M	622.70M	697.50M
Short-term debt	--	14.07M	14.84M	16.52M	16.83M	18.95M	21.09M	22.15M
Long-term debt	1.46B	1.44B	1.57B	1.46B	1.16B	1.20B	1.13B	1.29B
Total liabilities	2,391,733,000.00	2,440,940,000.00	2,382,683,000.00	2,461,595,000.00	2,017,725,000.00	2,073,889,000.00	2,033,202,000.00	2,279,197,000.00
Total equity	1.39B	965.82M	757.05M	956.08M	1.14B	1.17B	1.29B	1.26B
Retained earnings	922.00M	518.00M	450.88M	505.72M	751.52M	985.81M	1.18B	1.41B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	1.13B	1.22B	1.26B	1.35B	1.28B	1.39B
Cash & ST investments	259.00M	301.49M	314.26M	389.89M	272.15M	348.66M
Inventory	373.05M	388.79M	393.91M	402.35M	423.12M	420.59M
Total assets	3.27B	3.40B	3.44B	3.54B	3.46B	3.57B
Total current liabilities	588.23M	615.59M	631.45M	697.50M	613.63M	652.79M
Short-term debt	--	--	--	22.15M	--	--
Long-term debt	1.18B	1.27B	1.28B	1.29B	1.26B	1.23B
Total liabilities	2,048,006,000.00	2,165,182,000.00	2,194,728,000.00	2,279,197,000.00	2,176,423,000.00	2,182,802,000.00
Total equity	1.22B	1.23B	1.24B	1.26B	1.28B	1.38B
Retained earnings	1.23B	1.28B	1.34B	1.41B	1.45B	1.52B

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	289.22M	276.89M	173.36M	272.06M	281.30M	319.64M	352.08M	354.86M
Depreciation & amortization	148.63M	139.26M	108.69M	87.99M	88.74M	99.45M	115.74M	129.43M
Free cash flow	191.37M	166.89M	83.15M	177.42M	176.20M	202.91M	222.98M	218.69M
Dividends paid	-43.17M	-34.44M	-9.03M	-9.06M	-8.95M	-8.50M	-8.20M	-7.97M
Stock buybacks / issuance	-175.00M	-50.00M	-35.00M	0	-146.28M	-185.57M	-125.39M	-183.96M
Ending cash balance	420.61M	425.89M	501.99M	643.76M	687.68M	597.04M	370.30M	389.89M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	7.44M	82.03M	105.01M	160.39M	-18.67M	129.22M
Depreciation & amortization	29.78M	32.07M	33.56M	34.02M	32.46M	36.10M
Free cash flow	-24.76M	56.88M	65.33M	121.25M	-63.06M	88.56M
Dividends paid	-2.02M	-2.01M	-1.98M	-1.97M	-1.97M	-1.95M
Stock buybacks / issuance	-80.67M	-16.48M	-42.19M	-44.62M	-25.69M	-1.43M
Ending cash balance	259.00M	301.49M	314.26M	389.89M	272.15M	348.66M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	8.93	-33.70	-6.45	7.49	24.27	21.02	16.13	18.56
ROA %	3.31	-11.01	-1.69	1.95	7.74	7.58	6.04	6.91
ROIC %	5.85	-13.32	-0.28	4.44	11.94	11.20	9.25	10.70
5-year avg ROE %	8.00	-0.55	-3.47	-3.94	0.11	2.53	12.49	17.50
EBIT margin %	10.90	9.77	6.71	6.24	13.85	12.71	10.82	11.54
FCF / sales %	7.40	7.83	4.46	7.37	6.76	8.08	9.06	8.05
Current ratio	1.76	1.91	2.11	2.49	2.40	2.30	1.92	1.93
Quick ratio	1.04	1.03	1.53	1.36	1.76	1.60	1.25	1.22
Debt / assets	38.72	44.30	52.07	45.02	39.13	40.06	37.60	39.57
LT debt / equity	105.48	155.77	215.85	159.32	106.77	109.68	95.01	109.14
Interest coverage	4.58	3.73	2.12	2.40	8.29	9.50	6.95	6.76
Revenue CAGR (3Y) %	-2.12	-3.30	-5.66	2.04	6.94	12.76	2.26	1.37
Net income CAGR (3Y) %	34.45	--	--	-26.48	--	--	45.88	-2.30
FCF CAGR (3Y) %	0.87	-13.83	-24.22	-2.49	1.83	34.63	7.92	7.47

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	17.92	18.34	18.41	18.56	18.89	18.64
ROA %	6.67	6.50	6.73	6.91	7.03	7.01
ROIC %	10.06	10.38	10.36	10.70	10.94	10.85
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	11.18	11.27	11.09	11.54	11.39	11.77
FCF / sales %	8.62	8.24	8.04	8.05	6.47	7.40
Current ratio	1.93	1.99	1.99	1.93	2.09	2.14
Quick ratio	1.15	1.23	1.23	1.22	1.26	1.35
Debt / assets	39.01	40.25	40.03	39.57	39.03	36.98
LT debt / equity	104.36	110.83	110.76	109.14	105.24	95.28
Interest coverage	6.99	6.70	6.60	6.76	6.38	6.60
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail

Automation is the largest reported line at 58.22% of revenue, across 3 reported segments.
Broadband follows at 20.93%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

Automation58.22%

Broadband20.93%

Smart Buildings20.84%

Quote time 2026-10-08 07:00:08 · For reference only, not investment advice and not tailored to your situation.