BDC · Belden Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $696.38M | - | $698.22M | $671.99M | $624.86M | - | $654.93M | $604.34M | $535.67M | - |
| Cost of Revenue | $438.29M | - | $435.02M | $413.42M | $379.02M | - | $410.92M | $377.53M | $334.08M | - |
| Gross Profit | $258.09M | - | $263.20M | $258.57M | $245.84M | - | $244.00M | $226.81M | $201.60M | - |
| R&D | $30.09M | - | $33.86M | $33.94M | $28.42M | - | $27.94M | $28.46M | $27.00M | - |
| SG&A | $138.65M | - | $139.41M | $131.92M | $131.52M | - | $126.98M | $119.50M | $110.77M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $32.46M | - | $16.90M | $15.70M | $29.78M | - | $14.70M | $13.60M | $26.99M | - |
| Operating Income | $77.96M | - | $76.29M | $79.24M | $72.63M | - | $75.35M | $68.91M | $53.02M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $11.74M | - | $7.56M | $5.67M | $10.14M | - | $11.09M | $11.09M | $8.36M | - |
| Net Income | $51.03M | - | $56.69M | $61.01M | $51.94M | - | $53.69M | $49.04M | $37.31M | - |
| EPS - Basic | $1.31 | - | $1.43 | $1.54 | $1.29 | - | $1.32 | $1.21 | $0.91 | - |
| EPS - Diluted | $1.30 | - | $1.41 | $1.53 | $1.27 | - | $1.30 | $1.19 | $0.90 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $272.15M | $389.89M | $314.26M | $301.49M | $259.00M | $370.30M | $322.98M | $564.75M | $506.83M | $597.04M |
| Accounts Receivable | $499.09M | $462.85M | $461.34M | $454.68M | $419.97M | $409.71M | $430.18M | $396.85M | $356.40M | $413.81M |
| Inventory | $423.12M | $402.35M | $393.91M | $388.79M | $373.05M | $343.10M | $368.44M | $374.99M | $374.42M | $366.99M |
| Accounts Payable | $326.93M | $361.43M | $308.80M | $303.87M | $307.06M | $315.72M | $306.75M | $260.86M | $263.63M | $343.21M |
| Current Assets | $1.28B | $1.35B | $1.26B | $1.22B | $1.13B | $1.20B | $1.20B | $1.41B | $1.31B | $1.46B |
| Total Assets | $3.46B | $3.54B | $3.44B | $3.40B | $3.27B | $3.33B | $3.34B | $3.52B | $3.12B | $3.24B |
| Current Liabilities | $613.63M | $697.50M | $631.45M | $615.59M | $588.23M | $622.70M | $579.31M | $829.65M | $514.53M | $633.50M |
| Long-term Debt | $1.26B | $1.29B | $1.28B | $1.27B | $1.18B | $1.13B | $1.22B | $1.16B | $1.18B | $1.20B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $1.28B | $1.26B | $1.24B | $1.23B | $1.22B | $1.29B | $1.24B | $1.22B | $1.16B | $1.17B |
| Retained Earnings | $1.45B | $1.41B | $1.34B | $1.28B | $1.23B | $1.18B | $1.12B | $1.07B | $1.02B | $985.81M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($18.67M) | - | - | - | $7.44M | - | - | - | $2.72M | - |
| Investing Cash Flow | ($44.39M) | - | - | - | ($24.18M) | - | - | - | ($24.19M) | - |
| Financing Cash Flow | ($53.08M) | - | - | - | ($96.78M) | - | - | - | ($64.94M) | - |
| CapEx | $44.39M | - | - | - | $32.20M | - | - | - | $24.25M | - |
| Free Cash Flow | ($63.06M) | - | - | - | ($24.76M) | - | - | - | ($21.53M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 37.1% | - | 37.7% | 38.5% | 39.3% | - | 37.3% | 37.5% | 37.6% | - |
| Operating margin | 11.2% | - | 10.9% | 11.8% | 11.6% | - | 11.5% | 11.4% | 9.9% | - |
| EBITDA margin | 15.9% | - | 13.3% | 14.1% | 16.4% | - | 13.7% | 13.7% | 14.9% | - |
| Net margin | 7.3% | - | 8.1% | 9.1% | 8.3% | - | 8.2% | 8.1% | 7.0% | - |
| Free cash flow margin | -9.1% | - | - | - | -4.0% | - | - | - | -4.0% | - |
| FCF / Net income | -1.24 | - | - | - | -0.48 | - | - | - | -0.58 | - |
| R&D / Revenue | 4.3% | - | 4.8% | 5.1% | 4.5% | - | 4.3% | 4.7% | 5.0% | - |
| SG&A / Revenue | 19.9% | - | 20.0% | 19.6% | 21.0% | - | 19.4% | 19.8% | 20.7% | - |
| Effective tax rate | 18.7% | - | 11.8% | 8.5% | 16.3% | - | 17.1% | 18.4% | 18.3% | - |
| Return on assets | 1.5% | - | 1.6% | 1.8% | 1.6% | - | 1.6% | 1.4% | 1.2% | - |
| Return on equity | 4.0% | - | 4.6% | 4.9% | 4.2% | - | 4.3% | 4.0% | 3.2% | - |
| Return on invested capital | 2.5% | - | 2.7% | 2.9% | 2.5% | - | 2.5% | 2.4% | 1.9% | - |
| Liquidity | ||||||||||
| Current ratio | 2.09 | 1.93 | 1.99 | 1.99 | 1.93 | 1.92 | 2.07 | 1.70 | 2.55 | 2.30 |
| Quick ratio | 1.40 | 1.36 | 1.37 | 1.35 | 1.29 | 1.37 | 1.43 | 1.25 | 1.83 | 1.72 |
| Cash ratio | 0.44 | 0.56 | 0.50 | 0.49 | 0.44 | 0.59 | 0.56 | 0.68 | 0.99 | 0.94 |
| Leverage | ||||||||||
| Debt / Equity | 0.98 | 1.02 | 1.03 | 1.03 | 0.96 | 0.87 | 0.99 | 0.95 | 1.02 | 1.03 |
| Debt / Assets | 0.36 | 0.36 | 0.37 | 0.37 | 0.36 | 0.34 | 0.36 | 0.33 | 0.38 | 0.37 |
| Debt / EBITDA | 11.41 | - | 13.78 | 13.39 | 11.51 | - | 13.54 | 14.12 | 14.75 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.70 | 2.80 | 2.77 | 2.75 | 2.68 | 2.57 | 2.70 | 2.89 | 2.70 | 2.78 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.20 | - | 0.20 | 0.20 | 0.19 | - | 0.20 | 0.17 | 0.17 | - |
| Inventory turnover | 1.04 | - | 1.10 | 1.06 | 1.02 | - | 1.12 | 1.01 | 0.89 | - |
| Days sales outstanding | 262d | - | 241d | 247d | 245d | - | 240d | 240d | 243d | - |
| Days inventory outstanding | 352d | - | 331d | 343d | 359d | - | 327d | 363d | 409d | - |
| Days payable outstanding | 272d | - | 259d | 268d | 296d | - | 272d | 252d | 288d | - |
| Cash conversion cycle | 342d | - | 313d | 322d | 309d | - | 295d | 350d | 364d | - |
| Valuation | ||||||||||
| P / E | 86.8x | - | 88.0x | 76.1x | 79.4x | - | 89.1x | 78.8x | 102.9x | - |
| P / B | 3.5x | - | 4.0x | 3.8x | 3.4x | - | 3.9x | 3.2x | 3.3x | - |
| P / S | 6.4x | - | 7.1x | 6.9x | 6.6x | - | 7.3x | 6.4x | 7.2x | - |
| EV / EBITDA | 49.2x | - | 63.9x | 59.3x | 49.2x | - | 63.2x | 54.1x | 56.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 11.4% | - | 6.6% | 11.2% | 16.6% | - | 4.5% | -12.7% | -16.5% | - |
| Revenue CAGR (3y) | 2.8% | - | 1.4% | 0.3% | 0.8% | - | 1.3% | 0.1% | -0.0% | - |
| Revenue CAGR (5y) | 5.4% | - | 8.0% | 9.6% | - | - | 1.1% | -1.1% | -2.4% | - |
| Gross profit growth (YoY) | 5.0% | - | 7.9% | 14.0% | 21.9% | - | 1.2% | -13.2% | -18.1% | - |
| Operating income growth (YoY) | 7.3% | - | 1.2% | 15.0% | 37.0% | - | -21.0% | -25.6% | -38.0% | - |
| Net income growth (YoY) | -1.8% | - | 5.6% | 24.4% | 39.2% | - | -25.8% | -28.7% | -41.0% | - |
| EPS growth (YoY) | 2.4% | - | 8.5% | 28.6% | 41.1% | - | -23.5% | -25.6% | -37.9% | - |
| EPS CAGR (3y) | -3.6% | - | -14.2% | 5.3% | 17.1% | - | 12.6% | 7.1% | 12.0% | - |
| EPS CAGR (5y) | 15.2% | - | 30.0% | - | - | - | - | 7.2% | 16.5% | - |
| FCF growth (YoY) | -154.7% | - | - | - | -15.0% | - | - | - | 52.9% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 4.9% | -2.3% | 0.6% | 1.2% | 5.8% | 11.0% | 3.0% | 4.9% | 2.0% | 2.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.72B totalAutomation Solutions Segment$1.50B · 55.1%
Smart Infrastructure Solutions Segment$1.22B · 44.9%
Product / service
$2.72B totalAutomation Solutions$1.50B · 55.1%
Broadband Solutions$633.50M · 23.3%
Smart Buildings Solutions$585.92M · 21.6%
Affiliated Revenue$184.0K · 0.0%
Geographic
$3.93B totalUS$1.58B · 40.1%
Americas$964.57M · 24.5%
Other Countries$708.45M · 18.0%
CA$188.88M · 4.8%
EMEA$174.80M · 4.4%
DE$139.18M · 3.5%
CN$99.24M · 2.5%
Asia Pacific$80.05M · 2.0%
Peer comparison
Same SIC group: Drawing & Insulating of Nonferrous Wire
Comparing BELDEN INC. against the 2 most active filers in the same SIC group.
Dividends
$0.20/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 12, 2026 | $0.0500 |
| Dec 11, 2025 | $0.0500 |
| Sep 11, 2025 | $0.0500 |
| Jun 12, 2025 | $0.0500 |
| Mar 13, 2025 | $0.0500 |
| Dec 12, 2024 | $0.0500 |
| Sep 12, 2024 | $0.0500 |
| Jun 13, 2024 | $0.0500 |
| Mar 13, 2024 | $0.0500 |
| Dec 13, 2023 | $0.0500 |
| Sep 12, 2023 | $0.0500 |
| Jun 14, 2023 | $0.0500 |
| Mar 13, 2023 | $0.0500 |
| Dec 14, 2022 | $0.0500 |
| Sep 14, 2022 | $0.0500 |
| Jun 15, 2022 | $0.0500 |
| Mar 9, 2022 | $0.0500 |
| Dec 16, 2021 | $0.0500 |
| Sep 14, 2021 | $0.0500 |
| Jun 16, 2021 | $0.0500 |
| Mar 11, 2021 | $0.0500 |
| Dec 17, 2020 | $0.0500 |
| Sep 17, 2020 | $0.0500 |
| Jun 17, 2020 | $0.0500 |