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BDC · NYSE · United States · Drawing & Insulating Of Nonferrous Wire
In shortBELDEN INC. is profitable, generates cash and carries moderate debt, with revenue growing (+10.3% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 11.6% | 55/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 8.7% | 55/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 18.6% | 93/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 11.0% | 73/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.93× | 95/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.02× | 55/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.01× | 57/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.68 | 66/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 8.1% | 52/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.92× | 78/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 14.1% | 59/100 |
| Operating margin volatility | 1.2% | 98/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 1.4% | 24/100 |
|---|---|---|
| EPS growth, 3-year average | 1.1% | 30/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 2,301 | 2,606 | 2,512 | 2,461 | 2,715 |
| Cost of revenue | 1,529 | 1,690 | 1,557 | 1,539 | 1,684 |
| Gross profit | 772 | 916 | 955 | 922 | 1,031 |
| Research & development | 90 | 104 | 116 | 112 | 129 |
| Selling, general & admin | 378 | 449 | 493 | 495 | 533 |
| Operating income | 264 | 363 | 318 | 266 | 316 |
| Pre-tax income | 227 | 317 | 286 | 228 | 267 |
| Income tax | 28 | 50 | 43 | 30 | 29 |
| Net income | 64 | 255 | 243 | 198 | 238 |
| Diluted EPS | $1.41 | $5.72 | $5.66 | $4.80 | $5.91 |
| Diluted shares (millions) | 45 | 45 | 43 | 41 | 40 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of BELDEN INC. are included in the Investor plan. Try free for 7 days →
3.68 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 28, 2026 · Data updated Jul 30, 2026