Belden Inc. (BDC) Financial Statements
Industry: Drawing & Insulating of Nonferrous Wire
In fiscal 2025, Belden reported revenue of $2.72B, up 10.3% from $2.46B the year before. Net income was $237.5M (a 8.7% net margin), or $5.91 per diluted share. Gross margin was 38.0% and operating margin was 11.6%. Operating activities generated $354.9M of cash, leaving $218.7M of free cash flow. At fiscal year end, Belden held $3.54B in total assets against $2.28B in total liabilities, including $389.9M of cash and equivalents.
Open the full interactive Belden financials → Quarterly statements, key ratios, valuation history and price charts.
Belden Key Stats
| Share Price | $108.44 |
|---|---|
| Market Cap | $4.26B |
| P/E Ratio | 18.3 |
| Revenue YoY Growth | +10.3% |
| 52-Week Range | $99.48 – $150.72 |
| Shares Outstanding | 39.0 million (basic, 2026 Q2) |
Belden Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.86B | $2.41B | $2.61B | $2.51B | $2.46B | $2.72B |
| Cost of Goods Sold | $1.20B | $1.55B | $1.69B | $1.56B | $1.54B | $1.68B |
| Gross Profit | $663.3M | $854.4M | $916.3M | $955.0M | $922.2M | $1.03B |
| Operating Income | $125.4M | $124.6M | $363.3M | $317.5M | $266.5M | $315.7M |
| Pre-Tax Income | $66.1M | $87.7M | $317.4M | $285.8M | $227.9M | $266.9M |
| Income Tax | $11.7M | $25.2M | $49.6M | $43.2M | $29.5M | $29.3M |
| Net Income | -$55.2M | $63.9M | $254.7M | $242.8M | $198.4M | $237.5M |
| Diluted EPS | -$1.23 | $1.41 | $5.72 | $5.66 | $4.80 | $5.91 |
Belden Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $698.2M | $720.1M | $696.4M | $750.2M |
| Net Income | $56.7M | $67.9M | $51.0M | $68.5M |
| Diluted EPS | $1.41 | $1.69 | $1.30 | $1.74 |
Belden Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $502.0M | $643.8M | $687.7M | $597.0M | $370.3M | $389.9M |
| Current Assets | $1.10B | $1.47B | $1.54B | $1.46B | $1.20B | $1.35B |
| Total Assets | $3.14B | $3.42B | $3.16B | $3.24B | $3.33B | $3.54B |
| Current Liabilities | $520.8M | $718.5M | $639.9M | $633.5M | $622.7M | $697.5M |
| Total Long-Term Debt | $1.57B | $1.46B | $1.16B | $1.20B | $1.13B | $1.29B |
| Total Liabilities | $2.39B | $2.46B | $2.02B | $2.07B | $2.03B | $2.28B |
| Shareholders' Equity | $750.6M | $955.3M | $1.14B | $1.17B | $1.29B | $1.26B |
Belden Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $173.4M | $272.1M | $281.3M | $319.6M | $352.1M | $354.9M |
| Cash From Investing | -$31.6M | -$92.0M | $168.4M | -$200.4M | -$426.8M | -$128.2M |
| Cash From Financing | -$74.9M | -$32.9M | -$393.2M | -$211.9M | -$143.7M | -$217.8M |
| Free Cash Flow | $83.1M | $181.1M | $176.2M | $202.9M | $223.0M | $218.7M |
Figures from Belden's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Belden financials page for every line item.
Belden Company Profile
| Ticker | BDC |
|---|---|
| Exchange | NYSE |
| Industry | Drawing & Insulating of Nonferrous Wire |
| Headquarters | St. Louis, Missouri |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000913142 |
Frequently Asked Questions
What was Belden's revenue in fiscal 2025?
Belden (BDC) reported revenue of $2.72B for fiscal 2025.
What is Belden's annual revenue history?
Belden's annual revenue by fiscal year: 2020: $1.86B; 2021: $2.41B; 2022: $2.61B; 2023: $2.51B; 2024: $2.46B; 2025: $2.72B.
What was Belden's net income in fiscal 2025?
Belden reported net income of $237.5M for fiscal 2025.
What was Belden's earnings per share (EPS) in fiscal 2025?
Belden's diluted EPS was $5.91 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Belden generate in fiscal 2025?
Belden generated $218.7M of free cash flow in fiscal 2025.
What was Belden's revenue last quarter?
In its most recent reported quarter (2026 Q2), Belden reported revenue of $750.2M.
How much debt does Belden have?
Belden reported $1.29B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Belden are outstanding?
Belden reported a weighted average of 39.0 million basic shares outstanding in 2026 Q2.
What is Belden's market cap?
Based on its latest closing price, Belden (BDC) has a market capitalization of about $4.26B.
When does Belden's fiscal year end?
Belden's fiscal year end, as registered with the SEC, is December 31.
Where is Belden headquartered?
Belden lists its business address in St. Louis, Missouri in its SEC filings.
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