BDC - BELDEN INC.

📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Revenue Growth YoY (%)	10.3% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+107%)	-2.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-141%)	-3.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-172%)	13.3% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+165%)	23.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+371%)	-12.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-352%)	-17.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-451%)	8.2% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+65%)	1.4% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-73%)	2.1% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-59%)	0.0% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-99%)	11.6% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+131%)	12.4% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+148%)	-2.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-144%)	16.4% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+228%)	18.7% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+275%)	-31.6% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-733%)	—	—
EPS Growth YoY (%)	23.0% Good ↓ Good Declining Year-over-year change in earnings per share Optimal: > 10%	-15.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-1.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	306.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	86.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	N/M	124.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-48.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	71.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-9.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-27.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-45.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	77.4% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	4.7% Caution Caution Year-over-year change in earnings per share Optimal: > 10%	N/M	93.5% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	19.7% Good ↓ Good Declining Year-over-year change in net income	-18.3% Weak ↓ Weak Declining Year-over-year change in net income	-4.7% Weak ↓ Weak Declining Year-over-year change in net income	298.4% Excellent Excellent Year-over-year change in net income	N/M	85.4% Excellent ↑ Excellent Improving Year-over-year change in net income	N/M	72.6% Excellent ↑ Excellent Improving Year-over-year change in net income	-27.2% Weak ↓ Weak Declining Year-over-year change in net income	93.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-11.1% Weak ↓ Weak Declining Year-over-year change in net income	-27.9% Weak ↓ Weak Declining Year-over-year change in net income	-46.9% Weak ↓ Weak Declining Year-over-year change in net income	70.1% Excellent ↑ Excellent Improving Year-over-year change in net income	5.4% Fair Fair Year-over-year change in net income	N/M	93.1% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	0.8% Caution ↓ Caution Declining Year-over-year change in free cash flow	14.1% Fair ↓ Fair Declining Year-over-year change in free cash flow	19.5% Good ↓ Good Declining Year-over-year change in free cash flow	-0.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	117.7% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-53.0% Weak ↓ Weak Declining Year-over-year change in free cash flow	-16.0% Weak ↓ Weak Declining Year-over-year change in free cash flow	4.0% Caution ↓ Caution Declining Year-over-year change in free cash flow	-27.0% Weak ↓ Weak Declining Year-over-year change in free cash flow	40.8% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	28.1% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	21.1% Good Good Year-over-year change in free cash flow	30.0% Excellent Excellent Year-over-year change in free cash flow	—	—	—	-11.2% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	1.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	2.3% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	10.5% Good ↑ Good Improving Compound annual revenue growth over 3 years	6.9% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	-3.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-8.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-3.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	3.8% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	1.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	4.4% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	7.9% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	7.0% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	8.6% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	10.6% Good Good Compound annual revenue growth over 3 years	-1.9% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	7.8% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	2.9% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	-0.6% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	1.8% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	-0.5% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-4.2% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-1.6% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	4.6% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	5.3% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	4.6% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	7.4% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	11.1% Good Good Compound annual revenue growth over 5 years	0.8% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	1.1% Caution Caution Compound annual EPS growth over 3 years	50.6% Excellent Excellent Compound annual EPS growth over 3 years	—	—	-22.7% Weak Weak Compound annual EPS growth over 3 years	—	—	25.7% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-7.1% Weak ↑ Weak Improving Compound annual EPS growth over 3 years	4.2% Caution ↑ Caution Improving Compound annual EPS growth over 3 years	-28.7% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-10.9% Weak Weak Compound annual EPS growth over 3 years	0.6% Caution Caution Compound annual EPS growth over 3 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Operating Margin (%) (%)	11.6% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	10.8% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-10%)	12.6% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+5%)	13.9% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+16%)	11.5% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	6.7% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-44%)	9.7% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-19%)	11.8% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	9.9% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-18%)	9.5% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-21%)	6.1% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-49%)	7.1% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-41%)	9.7% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-19%)	5.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-51%)	8.8% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-27%)	8.0% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-33%)	2.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-78%)	-14.1% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-218%)	—
Effective Tax Rate (%) (%)	11.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	13.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.1% Good → Good Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.6% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	12.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.7% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	27.9% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	27.1% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	6.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-66.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	8.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.6% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-757.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	14.2% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.5% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—
Profit Margin (%) (%)	8.7% Caution → Caution Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+9%)	8.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	9.7% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+21%)	9.8% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+22%)	2.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-65%)	-3.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-137%)	-17.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-321%)	6.2% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-22%)	3.9% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-51%)	5.4% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-32%)	2.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-64%)	3.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-60%)	5.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-38%)	10.6% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+32%)	6.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-24%)	6.7% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-16%)	-1.8% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-123%)	-18.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-327%)	—
FCF Margin (%) (%)	8.1% Caution → Caution Stable Free cash flow as a percentage of revenue Optimal: > 10%	9.1% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	8.1% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	6.8% Caution → Caution Stable Free cash flow as a percentage of revenue Optimal: > 10%	7.9% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	4.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.8% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.4% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	8.0% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	11.1% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	8.1% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	6.4% Caution → Caution Stable Free cash flow as a percentage of revenue Optimal: > 10%	6.0% Caution → Caution Stable Free cash flow as a percentage of revenue Optimal: > 10%	5.3% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.7% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	5.2% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	8.2% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	6.0% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.92x Caution → Caution Stable Free cash flow relative to reported net income Optimal: > 1x	1.12x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	0.84x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.69x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	2.83x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-1.51x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.44x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.19x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	2.05x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	2.04x Excellent → Excellent Stable Free cash flow relative to reported net income Optimal: > 1x	2.82x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	2.00x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.20x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.51x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	1.26x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.77x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	-4.48x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.33x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Return on Invested Capital (%)	11.0% Good → Good Stable Return earned on debt + equity capital invested Optimal: > 10%	9.6% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	11.4% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	13.3% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	9.6% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	4.4% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	6.2% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	7.8% Fair → Fair Stable Return earned on debt + equity capital invested Optimal: > 10%	7.3% Fair → Fair Stable Return earned on debt + equity capital invested Optimal: > 10%	7.3% Fair → Fair Stable Return earned on debt + equity capital invested Optimal: > 10%	9.2% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	5.8% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	7.5% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	47.4% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	11.4% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	9.2% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	2.6% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-39.0% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	8.9% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	8.0% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	9.8% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	11.5% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	7.7% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	4.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	6.1% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	8.1% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	6.1% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.9% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	4.3% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	5.0% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	7.3% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	4.2% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	9.2% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	7.6% Fair Fair Operating profit relative to total assets Optimal: > 10%	2.2% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	18.8% Good → Good Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+25%)	15.3% Good ↓ Good Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	20.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+39%)	22.3% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+49%)	6.7% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-55%)	-7.3% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-149%)	-39.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-362%)	11.6% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-23%)	6.5% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-57%)	8.8% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-42%)	8.0% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-46%)	9.2% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-39%)	12.4% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-18%)	24.0% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+60%)	16.5% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+10%)	17.0% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+13%)	-4.5% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-130%)	-63.4% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-523%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Debt to Equity (x)	1.02x Caution → Caution Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+45%)	0.87x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+25%)	1.03x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+48%)	1.02x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+45%)	1.53x Weak → Weak Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+118%)	2.10x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+200%)	1.50x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+114%)	1.05x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+51%)	1.09x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+55%)	1.11x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+58%)	2.10x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+200%)	2.19x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+213%)	1.63x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+133%)	1.42x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+103%)	0.79x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+13%)	0.86x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+23%)	0.99x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+41%)	—	—
Interest Coverage (x)	7.31x Good → Good Stable Operating income divided by interest expense Optimal: > 5x	6.28x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	7.54x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	8.04x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	4.87x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	2.36x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	4.05x Fair → Fair Stable Operating income divided by interest expense Optimal: > 5x	6.29x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	2.98x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	2.57x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	1.54x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	2.30x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	2.75x Caution → Caution Stable Operating income divided by interest expense Optimal: > 5x	2.08x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	3.43x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	2.59x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	0.87x Weak Weak Operating income divided by interest expense Optimal: > 5x	-7.43x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$895.78M	$759.80M	$607.17M	$473.50M	$818.43M	$1.07B	$1.03B	$1.04B	$999.64M	$772.04M	$1.51B	$1.03B	$753.73M	$756.11M	$168.37M	$192.50M	$235.06M	$-227.41M	$-159.96M
Debt / EBITDA (x)	2.89x Fair → Fair Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.96x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.89x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.57x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.15x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	6.72x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.15x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.22x Caution ↓ Caution Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.05x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.39x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.94x Weak → Weak Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	6.66x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.62x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	6.86x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.56x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.99x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.90x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Revenue per Share (USD)	$68.56	$60.48	$59.48	$59.45	$51.37	$41.60	$50.50	$63.56	$56.58	$55.99	$54.48	$53.34	$47.17	$40.82	—	—	$29.23	$44.58	—
Basic EPS, GAAP (USD)	$6.00	$4.88	$5.75	$5.81	$1.43	$-1.23	$-9.37	$3.10	$1.38	$2.67	$1.56	$1.72	$2.36	$4.31	$2.43	$2.32	$-0.53	$-8.10	—
Free Cash Flow per Share (USD)	$5.52	$5.48	$4.80	$4.02	$4.04	$1.86	$3.95	$4.70	$4.52	$6.20	$4.40	$3.43	$2.84	$2.18	—	—	$2.39	$2.69	—
Dividend per Share (USD)	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	—
Book Value per Share (USD)	$32.47	$32.20	$28.36	$26.69	$21.24	$16.81	$21.12	$35.21	$34.13	$34.62	$19.63	$19.01	$19.25	$18.38	$15.16	$13.57	$11.83	$12.77	—
Tangible Book Value per Share (USD)	$-4.42	$-3.56	$-0.25	$0.79	$-2.32	$-17.66	$-13.71	$-17.30	$-14.02	$-11.52	$-28.99	$-14.07	$-7.21	$-8.95	$4.77	$3.66	$3.46	$12.77	—
Basic Weighted Avg Shares (shares)	39.60M	40.69M	42.24M	43.84M	44.80M	44.78M	42.20M	40.67M	42.22M	42.09M	42.39M	43.27M	43.87M	45.10M	47,109	46,805	46.59M	44.69M	—
Dividend Payout Ratio (%)	3.3% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	4.1% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	3.5% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	3.4% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	14.0% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	-16.3% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	-2.1% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	6.5% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	14.5% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	7.5% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	12.8% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	11.6% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	8.5% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	4.6% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	8.2% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	8.6% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	-37.7% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	-2.5% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Working Capital (USD)	$651.88M	$573.52M	$823.48M	$896.29M	$1.12B	$577.64M	$655.21M	$541.80M	$693.14M	$908.67M	$287.89M	$868.98M	$793.93M	$507.10M	$572.98M	$502.93M	$498.40M	—	—
LT Debt (USD)	$1.29B	$1.13B	$1.20B	$1.16B	$1.46B	$1.57B	$1.44B	$1.46B	$1.56B	$1.62B	$1.73B	$1.77B	$1.37B	$1.15B	$550.93M	$551.15M	$543.94M	—	—
Total Equity (USD)	$1.26B	$1.29B	$1.17B	$1.14B	$955.29M	$750.58M	$959.85M	$1.39B	$1.43B	$1.46B	$824.10M	$807.19M	$836.54M	$811.86M	$694.55M	$638.51M	$551.05M	$570.87M	$1.07B

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Sales/Revenue/Turnover (USD)	$2.72B	$2.46B	$2.51B	$2.61B	$2.30B	$1.86B	$2.13B	$2.59B	$2.39B	$2.36B	$2.31B	$2.31B	$2.07B	$1.84B	$1.88B	$1.62B	$1.36B	$1.99B	—
Depreciation Expense (USD)	$129.43M	$115.74M	$99.45M	$88.74M	$87.99M	$108.69M	$139.26M	$148.63M	$149.65M	$145.59M	$150.34M	$102.16M	$94.45M	$59.35M	$50.17M	$55.28M	$55.86M	$56.84M	—
Net Income, GAAP (USD)	$237.52M	$198.43M	$242.76M	$254.66M	$63.92M	$-55.16M	$-377.01M	$160.89M	$93.21M	$128.00M	$66.20M	$74.45M	$103.31M	$194.49M	$114.34M	$108.46M	$-24.90M	$-361.83M	—
Operating Cash Flow (USD)	$354.86M	$352.08M	$319.64M	$281.30M	$272.06M	$173.36M	$276.89M	$289.22M	$255.30M	$314.79M	$241.46M	$194.03M	$164.60M	$139.39M	$184.56M	$111.55M	$151.81M	$173.87M	—

BELDEN INC.

Analytical Summary

19-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

Statement lens

Benchmark Lens

Signals

Percentile Rankings

Peer Comparison

Compare BDC with peers