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Belden BDC State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

Virtu Financial logo
Virtu FinancialVIRT
2.3%-0.1pp
FTI Consulting logo
FTI ConsultingFCN
4.1%
KEE
Keel Infrastructure Corp. Common StockKEEL
0.1%+0.1pp
Ondas, Inc.
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Ondas, Inc. ONDS
1.3%-3.6pp
LivaNova logo
LivaNovaLIVN
0.9%+0.5pp
Seaboard logo
SeaboardSEB
-17.1%

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%

Profitability

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Gross margin37.4%-0.5pp
Operating margin11.5%+0.3pp
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

Reported directly by Belden in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

The official record: Belden’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Belden's state income taxes – net of federal income tax benefit?
Belden (BDC) reported state income taxes – net of federal income tax benefit of 1.7% in Q4 2025.
How has Belden's state income taxes – net of federal income tax benefit changed year-over-year?
Belden's state income taxes – net of federal income tax benefit increased by 950.0% year-over-year, from -0.2% to 1.7%.
What does state income taxes – net of federal income tax benefit mean?
Expresses the state and local income tax component as a percentage of pre-tax income. This metric is used to evaluate the effective tax rate variance caused by state-level tax policies.