Monday 12 October 2026 Export all BDC data to Excel Powerpack

Belden Inc

Belden Inc’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, up 10.3% from fiscal 2024. In the quarter to June 2026, revenue grew 11.6%, EPS grew 14.3%, free cash flow grew 55.7% and total debt fell 3.21%, each against the same quarter a year earlier. Dividend growth for five consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.

105.83 3.32 −3.04%

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Market cap: $4.3B
P/E: 17.0×
Fwd P/E: 18.8×
Dividend yield: 0.19%
F-score: 8/9
Altman Z: 3.05
Beneish M: −2.57
Dividend safety: 74/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 6.00

Total sells 3.09

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	1	—	—	—	—	—	—
Sell	1	6	3	2	—	1	—	—	—	—	1	—

Insider Ownership 1.71%

Capital & Financial Ratios $m

Market Cap 4,270.00

Revenue 2,864.87

Net Income 244.14

Free Cash Flow 212.16

Net Debt 881.91

Current Ratio 2.14

Debt/Equity 0.89

P/E ratio 16.99

Fwd P/E 18.80

P/S ratio 1.44

P/B ratio 2.98

Past 5Y EPS Growth —

This Y EPS Growth 14.45%

Next Y EPS Growth 15.55%

Next Y revenue growth 24.19%

Next 5Y EPS Growth 13.91%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 22.27%

10-year low 10-year high

P/S against its own 10 years 69.51%

10-year low 10-year high

P/B against its own 10 years 62.46%

10-year low 10-year high

EV/Sales against its own 10 years 50.83%

10-year low 10-year high

EV/FCF against its own 10 years 68.03%

10-year low 10-year high

Dividends

Payout Ratio 0.03

Annual Dividend Rate 0.20

Annual Dividend Yield 0.19%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.20	0.05 0.05 0.05
2025	0.20	0.05 0.05 0.05 0.05
2024	0.20	0.05 0.05 0.05 0.05
2023	0.20	0.05 0.05 0.05 0.05
2022	0.20	0.05 0.05 0.05 0.05
2021	0.20	0.05 0.05 0.05 0.05
2020	0.20	0.05 0.05 0.05 0.05
2019	0.20	0.05 0.05 0.05 0.05
2018	0.21	0.05 0.01 0.05 0.05 0.05
2017	0.20	0.05 0.05 0.05 0.05
2016	0.20	0.05 0.05 0.05 0.05

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	597	370	390	349
Receivables	414	410	463	534
Inventory	367	343	402	421
Other	79	73	94	90
	1,457	1,196	1,349	1,394

	2023	2024	2025	Q'26
Payables	343	316	361	359
ST’ Debt	—	—	—	—
Other	—	—	—	—
	634	623	697	653

Compound Annual Growth %

	10y	5y	3y
Sales	1.63%	9.16%	1.37%
Cash Flow	3.93%	15.40%	8.05%
Earnings	13.63%	0.00%	(2.30%)
Book Value	4.36%	10.80%	3.39%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	696	750	—	—	—
’25	625	672	698	720	2,715
’24	536	604	655	666	2,461
’23	642	692	627	551	2,512
’22	610	667	670	659	2,606
’21	509	576	605	612	2,301
’20	464	425	476	388	1,752

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(19)	129	—	—	—
’25	7	82	105	160	355
’24	3	83	92	175	352
’23	(32)	87	105	160	320
’22	(58)	49	87	202	281
’21	(41)	68	75	170	272
’20	(52)	40	51	135	173

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(63)	89	—	—	—
’25	(25)	57	65	121	219
’24	(21)	61	67	116	223
’23	(46)	68	104	105	217
’22	(69)	31	110	148	220
’21	(53)	48	47	165	208
’20	(73)	22	33	104	86

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.30	1.74	—	—	—
’25	1.27	1.53	1.41	1.70	5.91
’24	0.90	1.19	1.30	1.42	4.80
’23	1.45	1.60	1.70	0.91	5.66
’22	0.79	1.31	2.23	1.42	5.72
’21	0.64	0.97	0.91	(1.11)	1.41
’20	(0.25)	(1.52)	0.38	0.15	(1.23)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	36.51	64.60	37.79	40.67	25.54	40.18	47.89	60.55	71.20	83.18	Analyst estimates 2026–2028 Powerpack
	High	81.33	86.85	87.15	64.33	56.94	68.87	82.83	99.13	131.82	133.77
People
People	Employees	8,400	8,800	9,000	7,000	6,200	—	8,000	8,000	7,500	8,000
	Revenue/emp, $m	0.28	0.24	0.24	0.30	0.28	0.00	0.33	0.31	0.33	0.34
Income, $m
Income, $m	Revenue	2,357	2,087	2,166	2,131	1,752	2,301	2,606	2,512	2,461	2,715
	Gross margin, %	41.64	38.44	38.32	37.23	32.85	33.54	35.15	38.01	37.47	37.98
	EBT	126	98	230	152	91	227	317	286	228	267
	EBT margin, %	5.37	4.69	10.62	7.15	5.18	9.85	12.18	11.38	9.26	9.83
	Net income	128	93	161	(377)	(55)	64	255	243	198	238
	Depreciation	146	150	149	661	109	88	89	99	116	129
Per share, $
Per share, $	Revenue	55.99	49.44	53.24	50.50	39.13	51.37	59.45	59.48	60.48	68.56
	Earnings	2.67	1.38	3.10	(9.37)	(1.23)	1.43	5.81	5.75	4.88	6.00
	Cash flow	7.48	6.05	7.11	6.56	3.87	6.07	6.42	7.57	8.65	8.96
	Capex	(1.27)	(1.50)	(2.37)	(2.61)	(1.94)	(1.44)	(1.40)	(2.44)	(3.17)	(3.43)
	Free cash flow	6.21	4.55	4.74	3.96	1.93	4.64	5.01	5.13	5.48	5.53
	Book value	34.72	33.99	34.11	22.89	16.91	21.34	26.09	27.61	31.82	31.93
	Shares, m	42	42	41	42	45	45	44	42	41	40
Valuation, ×
Valuation, ×	P/E	28.74	57.25	13.43	0.00	0.00	45.97	12.54	13.41	23.03	19.46
	P/S	1.37	1.60	0.78	1.09	1.07	1.28	1.23	1.30	1.86	1.70
	P/B	2.21	2.32	1.22	2.40	2.48	3.08	2.80	2.79	3.54	3.65
	EV/Sales	1.70	2.08	1.27	1.57	1.68	1.64	1.41	1.54	2.17	2.03
	EV/FCF	15.33	22.58	14.29	20.10	34.17	17.82	16.75	17.04	22.91	24.07
Cash, $m
Cash, $m	Operating cash flow	315	255	289	277	173	272	281	320	352	355
	Capex	(54)	(63)	(96)	(110)	(87)	(64)	(62)	(103)	(129)	(136)
	Free cash flow	261	192	193	167	86	208	220	217	223	219
Balance, $m
Balance, $m	Working capital	909	693	542	655	578	1,125	896	823	574	652
	Total debt	1,620	1,561	1,463	1,439	1,574	1,460	1,161	1,204	1,130	1,286
	Net debt	772	1,000	1,056	1,032	1,072	818	474	607	760	896
	Shareholders’ equity	1,461	1,435	1,388	966	757	956	1,144	1,166	1,295	1,264
Returns, %
Returns, %	ROA	3.17	1.52	3.31	(11.01)	(1.69)	1.95	7.74	7.58	6.04	6.91
	ROIC	6.49	6.00	8.03	6.48	5.13	9.29	14.04	11.19	8.11	9.13
	ROE	9.85	4.02	8.93	(33.61)	(6.40)	7.46	24.25	21.02	16.13	18.56

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
VIAV Viavi Solutions Inc.	$10.8B	— (loss-making)	59.1×	+52.53% (above 0%: growing)	+250.00% (above 0%: growing)	+6,100.00% (above 0%: growing)	59.06%	13.83%	Compare
VSAT Viasat Inc.	$9.3B	— (loss-making)	— (loss-making)	−1.24% (below 0%: shrinking)	n/m	−31.14% (below 0%: shrinking)	35.70%	4.09%	Compare
AAOI Applied Optoelectronics, Inc.	$9.0B	— (loss-making)	202×	+86.42% (above 0%: growing)	n/m	−191.62% (below 0%: shrinking)	27.72%	(12.88%)	Compare
BDC Belden Inc	$4.2B	17.5×	18.8×	+11.63% (above 0%: growing)	+14.29% (above 0%: growing)	+55.69% (above 0%: growing)	39.14%	13.23%
ONDS Ondas Holdings Inc.	$4.0B	— (loss-making)	19.8×	+1,235.44% (above 0%: growing)	n/m	−1,000.26% (below 0%: shrinking)	43.13%	(194.51%)	Compare
EXTR Extreme Networks, Inc.	$3.2B	75.6×	67.1×	+10.28% (above 0%: growing)	n/m	−13.31% (below 0%: shrinking)	62.17%	6.22%	Compare
DGII Digi International Inc.	$2.8B	58.5×	48.2×	+28.98% (above 0%: growing)	+50.00% (above 0%: growing)	+41.46% (above 0%: growing)	64.85%	16.51%	Compare
VISN Vistance Networks, Inc.	$1.4B	0.2×	9.4×	−1.39% (below 0%: shrinking)	+1,671.43% (above 0%: growing)	−200.40% (below 0%: shrinking)	35.33%	(2.78%)	Compare
HLIT Harmonic Inc.	$1.2B	— (loss-making)	32.4×	+53.55% (above 0%: growing)	n/m	+54.60% (above 0%: growing)	52.37%	17.71%	Compare
Median of peers	$3.6B	58.5×	48.2×	+40.75%	+250.00%	−22.22%	47.75%	5.16%

All 47 Communication Equipment stocks →

Belden Inc (BDC) key facts

Strength: Belden Inc’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, up 10.3% from fiscal 2024.
Belden Inc (BDC) is a Communication Equipment company in the Technology sector, listed on the New York Stock Exchange.
As of October 12, 2026, BDC traded at $105.83, a market capitalization of $4.3 billion.
Belden Inc pays an annual dividend of $0.20 per share, a yield of 0.19%, with a payout ratio of 3.25%.
Return on equity was 18.6% and debt-to-equity 0.89.
Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 3.05 (safe zone) for fiscal 2025.