📊 BDC Key Takeaways
Investment Thesis
Belden demonstrates solid operational fundamentals with revenue growth of 10.3% YoY and strong free cash flow generation of $218.7M, supported by healthy profitability metrics across all margins. The company maintains conservative leverage with 1.02x debt/equity and excellent interest coverage of 13.2x, though net income growth has stalled YoY despite higher earnings per share driven by share count reduction.
BDC Strengths
- Strong revenue growth of 10.3% YoY indicating market demand in industrial wiring
- Robust free cash flow of $218.7M with 8.1% FCF margin providing financial flexibility
- Conservative balance sheet with debt/equity of 1.02x and interest coverage of 13.2x demonstrating low financial risk
- Healthy profitability with 38% gross margin and 8.7% net margin, consistent with manufacturing operations
- Strong returns on equity (18.8%) and assets (6.7%) indicating efficient capital deployment
BDC Risks
- Net income flat YoY despite 10.3% revenue growth suggests margin compression or expense growth outpacing revenue
- High insider activity with 33 Form 4 filings in 90 days warrants monitoring for potential insider selling or optionality exercises
- Long-term debt of $1.3B represents 100% of stockholders' equity, creating refinancing risk in adverse rate environments
- Operating margin of 11.6% is modest, leaving limited cushion if demand softens or input costs rise
Key Metrics to Watch
- Gross margin trend - critical to determine if compression is structural or temporary
- Operating cash flow sustainability relative to capital expenditure requirements
- Debt reduction trajectory and refinancing schedule for $1.3B long-term debt
- Revenue growth sustainability and market share dynamics in industrial wiring sector
- Insider transaction patterns and aggregate holdings to assess confidence in management
BDC Financial Metrics
💡 AI Analyst Insight
BELDEN INC. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
BDC Profitability Ratios
BDC vs Default Sector
How BELDEN INC. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BDC Balance Sheet & Liquidity
BDC 5-Year Financial Trend
5-Year Trend Summary: BELDEN INC.'s revenue has grown significantly by 13% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.66 reflects profitable operations.
BDC Growth Metrics (YoY)
BDC Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $654.9M | $51.9M | $1.30 |
| Q2 2025 | $604.3M | $49.0M | $1.19 |
| Q1 2025 | $535.7M | $37.3M | $0.90 |
| Q3 2024 | $626.8M | $53.7M | $1.30 |
| Q2 2024 | $604.3M | $49.0M | $1.19 |
| Q1 2024 | $535.7M | $37.3M | $0.90 |
| Q3 2023 | $626.8M | $72.3M | $1.70 |
| Q2 2023 | $666.6M | $58.6M | $1.31 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BDC Capital Allocation
BDC SEC Filings
Access official SEC EDGAR filings for BELDEN INC. (CIK: 0000913142)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BDC
What is the AI rating for BDC?
BELDEN INC. (BDC) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BDC's key strengths?
Strong revenue growth of 10.3% YoY indicating market demand in industrial wiring. Robust free cash flow of $218.7M with 8.1% FCF margin providing financial flexibility.
What are the risks of investing in BDC?
Net income flat YoY despite 10.3% revenue growth suggests margin compression or expense growth outpacing revenue. High insider activity with 33 Form 4 filings in 90 days warrants monitoring for potential insider selling or optionality exercises.
What is BDC's revenue and growth?
BELDEN INC. reported revenue of $2.7B.
Does BDC pay dividends?
BELDEN INC. pays dividends, with $8.0M distributed to shareholders in the trailing twelve months.
Where can I find BDC SEC filings?
Official SEC filings for BELDEN INC. (CIK: 0000913142) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BDC's EPS?
BELDEN INC. has a diluted EPS of $5.91.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.