Belden Inc. logo BDC - Belden Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 11
HOLD 2
SELL 1
STRONG
SELL
0
| PRICE TARGET: $150.00 DETAILS
HIGH: $150.00
LOW: $150.00
MEDIAN: $150.00
CONSENSUS: $150.00
UPSIDE: 41.47%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 2,715.2 2,461.0 2,512.1 2,606.5 2,301.3 1,752.2 2,131.3 2,165.7 2,087.2 2,356.7 2,309.2 2,308.3 2,069.2 1,840.7 1,882.2 1,543.4 1,362.0 2,005.9 2,032.8 1,495.8 1,245.7 864.7 484.7 553.8 763.2 797.8 684 651.7 517 357.4 188.9 145.4 126.7
Cost of Revenue 1,737.0 1,538.8 1,557.1 1,690.2 1,529.4 1,176.6 1,337.8 1,335.8 1,284.9 1,375.4 1,391.0 1,488.8 1,364.8 1,274.1 1,340.7 1,096.5 974.3 1,442.2 1,471.5 1,162.5 968.3 674.8 370.7 415.1 548.4 542.5 460.6 443.7 350.3 239.5 122 93 80.8
Gross Profit 978.2 922.2 955.0 916.3 771.8 575.6 793.5 829.9 802.3 981.3 918.2 819.4 704.4 566.6 541.5 446.8 387.7 563.7 561.4 333.3 277.4 190.0 114.0 138.6 214.8 255.3 223.4 208 166.7 117.9 66.9 52.4 45.9
Operating Expenses
R&D Expenses 128.4 112.4 116.4 104.3 90.2 73.0 94.4 91.6 88.7 140.5 148.3 113.9 83.3 65.4 54.8 41.7 40.4 50.1 17.8 0 0 0 4.0 5.0 5.2 4.6 5.5 7.9 7.2 0 0 0 0
SG&A Expenses 518.1 494.6 492.7 448.6 378.0 323.4 417.3 411.4 389.7 486.4 525.5 484.0 378.0 345.9 319.0 273.3 262.5 362.1 317.5 203.8 203.8 147.7 93.2 110.2 134.4 126.1 113.6 106.5 86.9 63.6 33.6 27.2 23.3
Other Expenses 0 48.8 28.3 (0.0) 39.9 29.0 74.6 75.1 90.2 98.4 103.8 58.4 50.8 22.8 13.1 10.6 9.9 17.2 2.0 11.1 5.0 5.9 0 2.1 20.0 21.4 18.8 14 10.1 6 3.8 3.4 3.1
Operating Expenses 646.5 655.8 637.4 553.0 508.2 425.5 586.3 578.0 568.7 725.3 777.6 656.3 512.1 434.1 386.9 325.6 312.8 429.4 337.4 214.8 208.8 153.5 97.2 117.2 159.5 152.1 137.9 128.4 104.2 69.6 37.4 30.6 26.4
Operating Income
Operating Income 331.7 266.5 317.5 363.3 263.7 150.1 207.2 314.0 233.6 232.1 140.6 163.1 201.3 108.5 165.2 116.6 36.4 (342.2) 220.7 118.5 68.5 36.4 4.4 15.6 55.3 103.2 85.5 79.6 62.5 48.3 29.5 21.8 19.5
Interest Expense 46.4 38.3 33.6 43.6 62.7 58.9 55.8 60.8 82.7 95.0 100.6 81.6 72.6 52.0 48.1 49.8 42.0 37.9 27.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 1.0 1.0 1.2 1.0 5.3 6.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 461.1 382.0 418.8 449.7 377.5 258.4 347.5 439.6 330.3 367.1 290.9 265.3 294.1 116.4 216.4 174.6 91.7 (273.7) 280.8 157.1 109.0 67.1 36.9 45.6 77.8 124.6 104.3 93.6 72.6 54.3 33.3 25.2 22.6
EBIT 331.7 266.2 319.4 360.9 289.5 149.7 208.2 290.9 180.6 221.5 140.6 163.1 199.7 57.1 166.2 119.3 35.9 (330.6) 229.1 118.5 68.5 36.4 16.8 21.5 55.3 103.2 85.5 79.6 62.5 48.3 29.5 21.8 19.5
Income Before Tax 266.9 227.9 285.8 317.4 226.8 90.8 152.4 230.1 98.0 126.5 39.9 81.5 127.0 5.0 118.1 69.5 (6.1) (368.5) 201.6 112.3 57.5 24.6 (3.1) 7.8 45.4 90.2 66.3 65.8 57.3 25.9 24.5 16.9 10.5
Income Tax Expense 29.3 29.5 43.2 49.6 27.9 20.1 42.5 62.9 (4.6) (1.2) (26.6) 7.1 22.3 (38.2) 16.8 8.2 1.2 (6.6) 64.4 40.7 24.0 13.9 (0.1) 3.9 21.9 35.3 26.7 25.3 21.3 10 9.8 6.8 4.5
Net Income 237.5 198.4 242.8 254.7 63.9 (55.2) (377.0) 160.9 93.2 128.0 66.2 74.4 103.3 194.5 114.3 108.5 (24.9) (361.8) 137.1 65.9 47.6 15.2 (71.6) 3.6 23.5 54.9 39.6 40.5 36 15.3 14.7 6.1 6
Per Share Data
EPS (Basic) 6.00 4.88 5.75 6.02 1.43 1.21 2.60 3.96 2.21 3.04 1.56 1.72 2.35 4.31 2.43 2.32 -0.53 -8.08 3.06 1.52 1.04 0.43 -3.23 0.16 1.07 2.57 1.84 1.90 1.74 0.74 0.90 0.42 0.40
EPS (Diluted) 5.91 4.80 5.66 5.72 1.41 1.21 2.60 3.93 2.19 3.01 1.54 1.69 2.31 4.23 2.38 2.27 -0.53 -8.08 2.71 1.31 0.91 0.39 -3.23 0.16 1.04 2.49 1.82 1.72 1.56 0.74 0.76 0.34 0.36
Shares Outstanding 39.6 40.7 42.2 43.8 44.8 44.8 42.2 40.7 42.2 42.1 42.4 43.3 43.9 45.1 47.1 46.8 46.6 44.7 44.9 43.3 45.7 35.4 22.2 22.1 21.9 21.3 21.5 21.3 20.7 20.7 16.3 14.5 15
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 389.9 370.3 597.0 687.7 641.6 502.0 407.5 420.6 561.1 848.1 308.9 227.4 188.8 32.7 16.8 14.6 16.5 11.4 11.1 9 16.1 2.2 2.2 0.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 462.8 409.7 413.8 440.1 383.4 296.8 334.6 336.0 473.6 388.1 242.1 292.2 174.6 79.1 83.6 99.2 145.7 130.9 117.3 112.1 96.5 32.9 26.4 21.6
Inventory 402.3 343.1 367.0 341.6 345.2 247.3 231.3 316.4 297.2 190.4 151.3 216.0 227.0 111.6 137.1 158.4 145.0 141.8 130.3 121 90.6 35.4 30.7 23.7
Other Current Assets 94.3 73.1 79.1 66.9 507.4 52.3 404.3 250.3 40.2 52.4 62.0 57.4 47.4 21.3 42.9 12.2 19.0 21.9 17.8 5.4 5.3 1.9 1.3 1.3
Total Current Assets 1,349.4 1,196.2 1,457.0 1,536.2 1,877.6 1,098.4 1,377.8 1,258.7 1,364.8 1,479.0 764.3 793.1 649.3 260.3 272.4 298.1 326.2 306 276.5 247.5 208.5 72.4 60.6 46.9
Non-Current Assets
Property, Plant & Equipment 679.1 614.2 546.0 455.2 419.1 423.4 408.2 366.0 337.3 309.3 299.6 324.6 338.2 204.7 239.7 219.0 205.9 201.5 160.9 127.6 89.5 30.1 26.3 20.5
Goodwill 1,036.8 1,018.7 907.3 862.3 821.4 1,251.9 1,243.7 1,557.7 1,478.3 1,386.0 313.0 321.5 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 399.8 419.1 269.1 246.8 238.2 287.1 339.5 511.1 545.2 560.1 143.0 156.0 364.4 14.7 69.2 63.8 80.8 85 64.4 53.1 21 13.7 13.6 13.9
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 (22.6) 0 (14.6) 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 64.1 63.4 45.0 46.5 29.6 49.4 12.4 29.9 65.2 38.8 63.4 53.4 43.4 13.2 4.4 3.5 2.5 2.6 1.8 1.3 1.1 0.8 2.2 2.4
Total Non-Current Assets 2,194.2 2,131.7 1,783.2 1,625.5 1,540.0 2,041.3 2,029.0 2,520.6 2,468.5 2,327.9 856.3 855.5 746.1 232.7 313.4 286.3 289.2 289.1 227.1 182 111.6 44.6 42.1 36.8
Total Assets 3,543.6 3,327.9 3,240.2 3,161.7 3,417.7 3,139.7 3,406.8 3,779.3 3,833.4 3,806.8 1,620.6 1,648.6 1,395.4 493.0 585.8 584.4 615.4 595.1 503.6 429.5 320.1 117 102.7 83.7
Current Liabilities
Account Payables 361.4 315.7 343.2 350.1 377.8 244.1 268.5 297.5 376.3 258.2 166.7 160.7 77.6 28.1 26.6 26.8 48.0 38.5 45.7 41.4 31.3 11.4 8.8 6.9
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 46.3 0 15.7 2.0 3.0 124.3 9.5 46.9 19.7 10.2 7.5 8.8 5.4 6.2
Deferred Revenue 0 29.8 23.7 26.2 12.3 53.4 54.3 101.2 90.6 80.5 (46.3) 0 0 42.2 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 26.1 148.3 26.4 122.1 27.7 309.0 292.5 129.0 131.0 (18.5) 0 17.5 0.9 0 0 52.0 56.8 36.5 33.9 33.9 10.7 7.2 7.6
Total Current Liabilities 697.5 622.7 633.5 639.9 752.9 520.8 722.5 716.9 671.7 570.3 311.7 341.5 218.3 73.2 72.7 199.6 109.5 142.2 101.9 85.5 72.7 30.9 21.4 20.7
Non-Current Liabilities
Long-Term Debt 1,380.0 1,130.1 1,204.2 1,161.2 1,460.0 1,573.7 1,439.5 1,463.2 1,560.7 1,620.2 543.9 590 232.8 112.7 108.9 5.4 153.3 171.7 136.1 126.7 73.1 52.7 63.8 77.5
Deferred Tax Liabilities 98.1 77.3 49.5 58.6 51.1 38.4 48.7 39.9 27.7 14.3 0 4.3 68.2 0.4 28.2 23.7 23.4 18.6 14.4 6.6 4.1 1.6 1.3 1.9
Other Non-Current Liabilities 9.2 103.0 111.8 98.8 135.7 165.0 125.8 211.6 138.4 140.8 167.6 21.6 56.9 23.7 14.5 11.7 9.0 8 6.3 5.6 4.7 (0.1) 0 (0.1)
Total Non-Current Liabilities 1,581.7 1,410.5 1,440.4 1,377.8 1,708.7 1,861.9 1,718.4 1,674.8 1,726.8 1,775.2 757.8 736.1 357.9 136.9 151.6 40.9 185.7 198.3 156.8 138.9 81.9 54.2 65.1 79.3
Total Liabilities 2,279.2 2,033.2 2,073.9 2,017.7 2,461.6 2,382.7 2,440.9 2,391.7 2,398.5 2,345.5 1,069.5 1,077.7 576.2 210.0 224.3 240.4 295.2 340.5 258.7 224.4 154.6 85.1 86.5 100
Stockholders' Equity
Common Stock 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.3 0.3 0 0 0 0 0 0
Retained Earnings 1,405.6 1,176.0 985.8 751.5 505.7 450.9 518.0 922 833.6 783.8 72.6 108.7 252.7 138.5 210.1 206.5 183.2 128.3 88.6 100.9 64.8 48.8 34.1 (24.7)
Accumulated Other Comprehensive Income (97.2) (3.5) (41.3) (5.9) (70.6) (191.9) (63.4) (74.9) (98.0) (39.1) 14.6 10.2 20.6 (0.4) (9.2) (18.4) (11.5) (6.2) 0 0 0 0 0 0
Total Stockholders' Equity 1,264.4 1,294.7 1,166.3 1,143.0 955.3 750.6 959.8 1,387.1 1,434.2 1,460.3 551.0 570.9 810 275.9 356.9 340.9 316.5 252.1 244.9 205.1 165.5 31.9 16.2 (16.3)
Total Liabilities & Equity 3,543.6 3,327.9 3,240.2 3,161.7 3,417.7 3,139.7 3,406.8 3,779.3 3,833.4 3,806.8 1,620.6 1,648.6 1,395.4 493.0 585.8 584.4 615.4 595.1 503.6 429.5 320.1 117 102.7 83.7
Debt Metrics
Total Debt 1,474.4 1,251.2 1,298.1 1,237.3 1,538.5 1,635.0 1,509.2 1,463.2 1,560.7 1,620.2 590.2 590 248.5 114.7 111.9 129.7 162.8 218.6 155.8 136.9 80.6 61.5 69.2 83.7
Net Debt 1,084.5 880.9 701.1 549.6 896.9 1,133.0 1,101.7 1,042.6 999.6 772.0 281.3 362.6 59.7 82.0 95.1 115.0 146.3 207.2 144.7 127.9 64.5 59.3 67 83.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 237.5 198.4 242.8 254.8 63.9 (55.1) (376.8) 160.7 92.9 127.6 47.6 15.2 (71.6) 3.6 23.5 54.9 39.6 40.5 36 15.9 14.7 10.1 6
Depreciation & Amortization 129.4 115.7 99.4 88.7 88.0 108.7 139.3 148.6 149.7 145.6 40.5 30.7 20.1 24.2 22.5 21.4 18.8 14.1 10.1 6 3.8 3.4 3.1
Stock-Based Compensation 30.0 27.5 21.0 23.7 22.6 20.0 17.8 18.5 14.6 18.2 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (57.5) 26.3 (18.4) (53.8) (184.1) 5.2 (1.2) (72.9) (30.2) 27.1 (45.0) (18.3) 13.4 31.9 (1.0) (6.2) (4.4) (18.9) (18.6) (24.4) (3.6) (10.8) (3.7)
Other Non-Cash Items 10.4 0 (12.3) (31.5) 281.6 114.0 521.4 23.0 52.4 26.3 (8.0) 11.6 104.8 2.1 12.3 2.2 0 6.1 0.3 9.8 0.1 2.6 0
Operating Cash Flow 354.9 352.1 319.6 281.3 272.1 173.4 276.9 289.2 255.3 314.8 49.1 41.0 38.4 61.9 57.7 75.7 54.8 43.6 30.9 4.7 14.9 5.3 5.3
Investing Activities
Capital Expenditure (136.2) (129.1) (116.7) (105.1) (91.0) (90.2) (110.0) (97.8) (64.3) (54.0) (23.8) (15.9) (6.7) (12.6) (38.1) (22.0) (74.4) (68.3) (26.7) (15.9) (5.7) (4) (2.5)
Acquisitions 7.7 (296.5) (97.4) 230.0 (73.3) 55.4 (74.4) (44.4) (166.9) (18.8) 0 (6.2) (0.3) (29.3) 0 (8.3) 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0.2 (1.2) 13.8 43.5 72.3 3.2 0.0 1.6 1.0 (0.4) 51.5 89.0 12.1 0.1 1.3 0 0 0 (72.4) (104.7) (3.2) (1.4) (0.5)
Investing Cash Flow (128.2) (426.8) (200.4) 168.4 (92.0) (31.6) (184.4) (140.7) (230.1) (73.3) 27.8 66.9 5.2 (41.8) (36.8) (30.4) (74.4) (68.3) (99.1) (120.6) (8.9) (5.4) (3)
Financing Activities
Net Debt Issuance (1.8) (1.1) (0.4) (230.8) (7.4) (0.2) (0.4) (53.5) (239.2) (72.3) (17.5) (66.7) (5.0) (21.3) (28.3) (52.4) 51.6 24.1 55.5 15.5 (7.7) (16.9) (2.5)
Stock Repurchased (216.4) (134.3) (192.1) (150) (5.6) (35) (50) (175) (25) 222.1 (109.4) 0 (20) 0 0 0 (45) (4.3) 0 0 0 0 0
Dividends Paid (8.0) (8.2) (8.5) (8.9) (9.1) (9.0) (34.4) (43.2) (43.4) (16.1) (9.1) (7.3) 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 8.4 (9.0) (17.4) (7.2) (10.9) (30.7) (2.1) (10.1) (23.9) (11.4) 0 (0.1) (4.0) (1.5) 0 0 0.1 0 0 (2) 1.5 (10.2) 0.1
Financing Cash Flow (217.8) (143.7) (211.9) (393.2) (32.9) (74.9) (86.9) (281.8) (331.4) 401.7 (129.1) (69.6) (28.5) (20.4) (22.3) (39.6) 19.9 26.8 61.3 129.8 (6) 2.1 (2.4)
Cash Position
Net Change in Cash 19.6 (226.7) (90.6) 43.9 141.8 76.1 5.3 (140.5) (287.0) 631.4 (54.2) 42.9 15.9 2.1 (1.8) 5.0 0.3 (9) (7.1) (2.2) 0 (0.3) 0
Cash at Beginning 370.3 597.0 687.7 643.8 502.0 425.9 420.6 561.1 848.1 216.8 188.8 145.9 16.8 14.6 16.5 11.4 11.1 9 16.1 2.2 2.2 0.3 0.2
Cash at End 389.9 370.3 597.0 687.7 643.8 502.0 425.9 420.6 561.1 848.1 134.6 188.8 32.7 16.8 14.6 16.5 11.4 0 9 0 2.2 0 0.2
Free Cash Flow 218.7 223.0 202.9 176.2 181.1 83.1 166.9 191.4 191.0 260.8 25.4 25.1 31.8 49.3 19.6 53.7 (19.6) (24.7) 4.2 (11.2) 9.2 1.3 2.8
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 2,715.2 2,461.0 2,512.1 2,606.5 2,301.3 1,752.2 2,131.3 2,165.7 2,087.2 2,356.7 2,309.2 2,308.3 2,069.2 1,840.7 1,882.2 1,543.4 1,362.0 2,005.9 2,032.8 1,495.8 1,245.7 864.7 484.7 553.8 763.2 797.8 684 651.7 517 357.4 188.9 145.4 126.7
Gross Profit 978.2 922.2 955.0 916.3 771.8 575.6 793.5 829.9 802.3 981.3 918.2 819.4 704.4 566.6 541.5 446.8 387.7 563.7 561.4 333.3 277.4 190.0 114.0 138.6 214.8 255.3 223.4 208 166.7 117.9 66.9 52.4 45.9
Operating Income 331.7 266.5 317.5 363.3 263.7 150.1 207.2 314.0 233.6 232.1 140.6 163.1 201.3 108.5 165.2 116.6 36.4 (342.2) 220.7 118.5 68.5 36.4 4.4 15.6 55.3 103.2 85.5 79.6 62.5 48.3 29.5 21.8 19.5
Net Income 237.5 198.4 242.8 254.7 63.9 (55.2) (377.0) 160.9 93.2 128.0 66.2 74.4 103.3 194.5 114.3 108.5 (24.9) (361.8) 137.1 65.9 47.6 15.2 (71.6) 3.6 23.5 54.9 39.6 40.5 36 15.3 14.7 6.1 6
EPS (Diluted) 5.91 4.80 5.66 5.72 1.41 1.21 2.60 3.93 2.19 3.01 1.54 1.69 2.31 4.23 2.38 2.27 -0.53 -8.08 2.71 1.31 0.91 0.39 -3.23 0.16 1.04 2.49 1.82 1.72 1.56 0.74 0.76 0.34 0.36
Balance Sheet
Cash & Equivalents 389.9 370.3 597.0 687.7 641.6 502.0 407.5 420.6 561.1 848.1 308.9 227.4 188.8 32.7 16.8 14.6 16.5 11.4 11.1 9 16.1 2.2 2.2 0.3
Total Assets 3,543.6 3,327.9 3,240.2 3,161.7 3,417.7 3,139.7 3,406.8 3,779.3 3,833.4 3,806.8 1,620.6 1,648.6 1,395.4 493.0 585.8 584.4 615.4 595.1 503.6 429.5 320.1 117 102.7 83.7
Total Debt 1,474.4 1,251.2 1,298.1 1,237.3 1,538.5 1,635.0 1,509.2 1,463.2 1,560.7 1,620.2 590.2 590 248.5 114.7 111.9 129.7 162.8 218.6 155.8 136.9 80.6 61.5 69.2 83.7
Stockholders' Equity 1,264.4 1,294.7 1,166.3 1,143.0 955.3 750.6 959.8 1,387.1 1,434.2 1,460.3 551.0 570.9 810 275.9 356.9 340.9 316.5 252.1 244.9 205.1 165.5 31.9 16.2 (16.3)
Cash Flow
Operating Cash Flow 354.9 352.1 319.6 281.3 272.1 173.4 276.9 289.2 255.3 314.8 49.1 41.0 38.4 61.9 57.7 75.7 54.8 43.6 30.9 4.7 14.9 5.3 5.3
Capital Expenditure (136.2) (129.1) (116.7) (105.1) (91.0) (90.2) (110.0) (97.8) (64.3) (54.0) (23.8) (15.9) (6.7) (12.6) (38.1) (22.0) (74.4) (68.3) (26.7) (15.9) (5.7) (4) (2.5)
Free Cash Flow 218.7 223.0 202.9 176.2 181.1 83.1 166.9 191.4 191.0 260.8 25.4 25.1 31.8 49.3 19.6 53.7 (19.6) (24.7) 4.2 (11.2) 9.2 1.3 2.8