Belden Inc

BDC Technology Communication Equipment

Belden Inc’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, up 10.3% from fiscal 2024.

Revenue
+38.4%
EPS
−120.3%
Free cash flow
+25.3%
Total debt
+137.5%

Quarter to September 2026, against a year earlier

98.73 2.48 +2.58%
Market cap
$3.8B
P/E
21.7×
Fwd P/E
16.9×
Dividend yield
0.20%
F-score
8/9
Altman Z
3.05
Beneish M
−2.57
Dividend safety
74/100

Belden Inc (BDC) Operating margin

Alert me on Operating margin

Belden Inc's operating margin over the twelve months to 30 September 2026 was 8.99%, down 2.6 percentage points from fiscal 2025 (11.6%). Over the past ten years it has ranged from 6.09% (fiscal 2015) to 14.5% (fiscal 2018); the current reading is higher than 73% of that period. That is above the Communication Equipment industry median of 2.43% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 11.6% 0.80
FY2024 10.8% (1.81)
FY2023 12.6% (1.30)
FY2022 13.9% 2.48
FY2021 11.5% 2.89
FY2020 8.57% (1.15)
FY2019 9.72% (4.78)
FY2018 14.5% 3.31
FY2017 11.2% 1.34
FY2016 9.85% 3.76

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 1.74% (11.49)
Jun 2026 13.2% 2.04
Mar 2026 11.2% (0.97)
Dec 2025 12.2% 1.23
43 more quarters

Against its own ten years

Low 6.09% High 14.5%
Ten-year median 11.2%
Current reading's percentile 14

Operating margin against peers

Company Operating margin
DGII Digi International Inc. compare 13.9%
VIAV Viavi Solutions Inc. compare 10.6%
BDC Belden Inc 8.99%
EXTR Extreme Networks, Inc. compare 5.67%
VISN Vistance Networks, Inc. compare 3.89%
VSAT Viasat Inc. compare 2.35%
AAOI Applied Optoelectronics, Inc. compare −6.78%
ONDS Ondas Holdings Inc. compare −140.4%
ASTS AST SpaceMobile, Inc. compare −519.5%
Communication Equipment industry median 2.43%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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