NYSE · Financial Statements

Belden Inc (BDC) Financial Statements

$104.15 NYSE: BDC Market Cap $4.07B

Belden Inc most recently reported annual revenue of $2.7B, net profit of $238.0M. Revenue grew at an average annual rate of 9.2% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Belden Inc: Revenue rose from $2.4B in 2016 to $2.7B in 2025, a change of +15.2% over 9 years; net profit was positive in 8 of 10 reported years; operating margin moved from 9.8% to 12.2%, a shift of +2.4 percentage points; the most recent year shows net profit of $238.0M.

Income Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Revenue$2.4B$2.1B$2.2B$2.1B$1.8B$2.3B$2.6B$2.5B$2.5B$2.7B
Operating Expenses$2.1B$1.9B$1.9B$1.9B$1.6B$2.0B$2.2B$2.2B$2.2B$2.4B
Operating Profit$232.0M$234.0M$314.0M$207.0M$150.0M$264.0M$363.0M$318.0M$266.0M$332.0M
Operating Margin9.8%11.2%14.5%9.7%8.6%11.5%13.9%12.6%10.8%12.2%
Other Income$-106.0M$-136.0M$-84.0M$-55.0M$-59.0M$-37.0M$-46.0M$-32.0M$-39.0M$-65.0M
Interest$95.0M$83.0M$61.0M$56.0M$59.0M$63.0M$44.0M$34.0M$38.0M$46.0M
Depreciation$146.0M$150.0M$149.0M$139.0M$109.0M$88.0M$89.0M$99.0M$116.0M$129.0M
Profit Before Tax$126.0M$98.0M$230.0M$152.0M$91.0M$227.0M$317.0M$286.0M$228.0M$267.0M
Tax$-940,000$-4.7M$27.4M$27.9M$22.1M$12.3M$15.6M$15.1M$12.9M$11.0M
Net Profit$128.0M$93.0M$161.0M$-377.0M$-55.0M$64.0M$255.0M$243.0M$198.0M$238.0M
EPS$3.01$2.19$3.93$-9.37$-1.23$1.41$5.72$5.66$4.80$5.91
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$627.0M$551.0M$536.0M$604.0M$655.0M$666.0M$625.0M$672.0M$698.0M$720.0M$696.0M$750.0M
Operating Expenses$531.0M$507.0M$483.0M$535.0M$580.0M$597.0M$552.0M$590.0M$613.0M$631.0M$610.0M$636.0M
Operating Profit$95.0M$44.0M$53.0M$69.0M$75.0M$69.0M$73.0M$82.0M$85.0M$89.0M$86.0M$114.0M
Operating Margin15.2%8.0%9.9%11.4%11.5%10.4%11.6%12.3%12.2%12.4%12.4%15.2%
Interest$9.0M$8.0M$8.0M$9.0M$11.0M$11.0M$10.0M$12.0M$12.0M$12.0M$13.0M$14.0M
Profit Before Tax$87.0M$36.0M$46.0M$60.0M$65.0M$57.0M$62.0M$67.0M$64.0M$74.0M$63.0M$118.0M
Tax$17.0M$-6.0M$18.3M$18.4M$17.1M$-1.8M$16.3M$8.5M$11.8M$8.1M$18.7M$29.0M
Net Profit$72.0M$38.0M$37.0M$49.0M$54.0M$58.0M$52.0M$61.0M$57.0M$68.0M$51.0M$69.0M
EPS$1.70$0.91$0.90$1.19$1.30$1.42$1.27$1.53$1.41$1.70$1.30$1.74

Over the 10 years reported for Belden Inc, borrowings decreased from $1.6B in 2016 to $1.4B in 2025, cash stood at $390.0M in the latest year, shareholders' equity was $1.0M, current assets covered current liabilities 1.94 times.

Balance Sheet — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Total Assets$3.8B$3.8B$3.8B$3.4B$3.1B$3.4B$3.2B$3.2B$3.3B$3.5B
Current Assets$1.5B$1.4B$1.3B$1.4B$1.1B$1.9B$1.5B$1.5B$1.2B$1.3B
Cash$848.0M$561.0M$421.0M$407.0M$502.0M$642.0M$688.0M$597.0M$370.0M$390.0M
Inventory$190.0M$297.0M$316.0M$231.0M$247.0M$345.0M$342.0M$367.0M$343.0M$402.0M
Receivables$388.0M$474.0M$336.0M$335.0M$297.0M$383.0M$440.0M$414.0M$410.0M$463.0M
Fixed Assets$309.0M$337.0M$366.0M$408.0M$423.0M$419.0M$455.0M$546.0M$614.0M$679.0M
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$0$0$0$0$0$0$0$0$0$0
Other Assets$1.4B$1.5B$1.6B$1.2B$1.3B$821.0M$862.0M$907.0M$1.0B$1.0B
Total Liabilities$2.3B$2.4B$2.4B$2.4B$2.4B$2.5B$2.0B$2.1B$2.0B$2.3B
Current Liabilities$570.0M$672.0M$717.0M$723.0M$521.0M$753.0M$640.0M$634.0M$623.0M$697.0M
Borrowings$1.6B$1.6B$1.5B$1.5B$1.6B$1.5B$1.2B$1.3B$1.3B$1.4B
Other Liabilities$725.0M$838.0M$929.0M$932.0M$748.0M$923.0M$780.0M$776.0M$782.0M$877.0M
Equity$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M
Reserves$1.5B$1.4B$1.4B$960.0M$751.0M$955.0M$1.1B$1.2B$1.3B$1.3B

For Belden Inc, operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was $219.0M; free cash flow was positive in 10 of 10 years; financing activities used $208.0M in the latest year, which covers debt repayment, dividends and buybacks.

Cash Flow Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Operating Cash Flow$315.0M$255.0M$289.0M$277.0M$173.0M$272.0M$281.0M$320.0M$352.0M$355.0M
Investing Cash Flow$-127.0M$-294.0M$-239.0M$-294.0M$-122.0M$-183.0M$63.0M$-317.0M$-556.0M$-264.0M
Financing Cash Flow$211.0M$-49.0M$-185.0M$-52.0M$-66.0M$-16.0M$-157.0M$-210.0M$-143.0M$-208.0M
Net Cash Flow$631.0M$-287.0M$-140.0M$5.0M$76.0M$142.0M$44.0M$-91.0M$-227.0M$20.0M
Free Cash Flow$261.0M$191.0M$191.0M$167.0M$83.0M$181.0M$176.0M$203.0M$223.0M$219.0M

Valuation & Return Ratios

MetricValue
PEG Ratio1.60
EV / EBITDA11.85
FCF Yield4.83%
Quick Ratio1.49
Interest Coverage15.63
Return 1Y-13.04%
Return 3Y26.08%
Return 5Y108.47%

Belden Inc (BDC) financials — frequently asked questions

What is Belden Inc's annual revenue?

Belden Inc (BDC) reported annual revenue of $2.7B in its most recent fiscal year.

What is Belden Inc's net profit?

Belden Inc (BDC) reported net profit of $238.0M in its most recent fiscal year.

What is BDC EV/EBITDA?

Belden Inc's enterprise value to EBITDA (EV/EBITDA) ratio is 11.85.

Popular Stocks

Apple (AAPL)Microsoft (MSFT)NVIDIA (NVDA)Alphabet (GOOGL)Amazon (AMZN)Meta (META)Tesla (TSLA)Broadcom (AVGO)Eli Lilly (LLY)JPMorgan (JPM)

Related stock screens

High ROE Technology StocksLow P/E Technology StocksHigh Net Margin Technology StocksDividend Technology StocksLow Debt Technology StocksHigh ROE StocksLow P/E StocksHigh Net Margin StocksDividend StocksLow Debt StocksNYSE High ROE StocksAll stock screens
BDC Overview BDC Dividend Run Stock Screener

Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.