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Belden BDC Operating margin

Operating margin at other companies

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25.8%+4.9pp
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JabilJBL
4.3%+0.2pp
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TE ConnectivityTEL
19.7%+2.0pp
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-19.3%-7.5pp
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CelesticaCLS
8.6%+2.6pp

Other financials

Income statement

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Revenue$696.4M+11.4%
Gross profit$258.1M+5.0%
Operating income$78.0M+7.3%
Net income$51.0M-1.8%
EPS (diluted)$1.30+2.4%

Balance sheet

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Cash & equivalents$272.2M+5.1%
Total debt$1.4B+5.4%
Total equity$1.3B+4.9%
Total assets$3.5B+5.8%

Cash flow

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Operating cash flow-$18.7M-351%
CapEx$44.4M+37.9%
Free cash flow-$63.1M-155%

Valuation

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Market cap$4.8B+10.2%
Enterprise value$5.91B+9.2%
P/E20.3×-0.2×
P/S1.7×0.0×

Profitability

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Gross margin37.4%-0.5pp
Net margin8.5%+0.1pp
FCF margin6.5%-2.1pp

Returns & leverage

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Return on equity18.9%+1.0pp
Debt / equity1.1×0.0×
Current ratio2.1×+0.2×

Where this comes from

Calculated from Belden’s reported figures.

Based on trailing twelve months.

The official record: Belden’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Belden's operating margin?
Belden (BDC) reported operating margin of 11.5% in Q1 2026.
How has Belden's operating margin changed year-over-year?
Belden's operating margin increased by 2.7% year-over-year, from 11.2% to 11.5%.
What is the long-term trend for Belden's operating margin?
Over 5 years (2020 to 2025), Belden's operating margin has grown at a 6.3% compound annual growth rate (CAGR), from 8.6% to 11.6%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.