BDC · XBRL financial data
Belden financial statements, every fiscal year
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (BDC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 1,863 | 2,408 | 2,606 | 2,512 | 2,461 | 2,715 |
| Cost of goods and services sold | 1,199 | 1,554 | 1,690 | 1,557 | 1,539 | 1,684 |
| Gross profit | 663 | 854 | 916 | 955 | 922 | 1,031 |
| Research and development | 107 | 125 | 104 | 116 | 112 | 129 |
| Selling, general and administrative | 366 | 426 | 449 | 493 | 495 | 533 |
| Operating income (loss) | 125 | 125 | 363 | 318 | 266 | 316 |
| Income tax expense (benefit) | 12 | 25 | 50 | 43 | 30 | 29 |
| Net income (loss) | (55) | 64 | 255 | 243 | 198 | 238 |
| Earnings per share, basic USD per share | (1.23) | 1.43 | 5.81 | 5.75 | 4.88 | 6.00 |
| Earnings per share, diluted USD per share | (1.23) | 1.41 | 5.72 | 5.66 | 4.80 | 5.91 |
| Weighted average shares, basic millions of shares | 45 | 45 | 44 | 42 | 41 | 40 |
| Weighted average shares, diluted millions of shares | 45 | 45 | 45 | 43 | 41 | 40 |
Balance sheet
CSVFiscal years (BDC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 502 | 644 | 688 | 597 | 370 | 390 |
| Inventory | 247 | 345 | 342 | 367 | 343 | 402 |
| Total current assets | 1,098 | 1,467 | 1,536 | 1,457 | 1,196 | 1,349 |
| Property and equipment, net | 369 | 350 | 382 | 451 | 496 | 566 |
| Right-of-use asset | 55 | 79 | 73 | 90 | 119 | 113 |
| Goodwill | 1,252 | 1,152 | 862 | 907 | 1,019 | 1,037 |
| Total assets | 3,140 | 3,418 | 3,162 | 3,240 | 3,328 | 3,544 |
| Accounts payable | 244 | 384 | 350 | 343 | 316 | 361 |
| Accrued liabilities | 277 | 334 | 290 | 290 | 307 | 336 |
| Current portion of long-term debt | — | — | — | — | — | 0 |
| Total current liabilities | 521 | 719 | 640 | 634 | 623 | 697 |
| Long-term debt | 1,574 | 1,460 | 1,161 | 1,204 | 1,130 | 1,286 |
| Lease liability, non-current | 46 | 67 | 59 | 75 | 100 | 94 |
| Retained earnings | 451 | 506 | 752 | 986 | 1,176 | 1,406 |
| Total stockholders' equity | 751 | 955 | 1,143 | 1,166 | 1,295 | 1,264 |
| Total liabilities and equity | 3,140 | 3,418 | 3,162 | 3,240 | 3,328 | 3,544 |
| Common shares outstanding (cover page) millions of shares | 45 | 45 | 43 | 41 | 40 | 39 |
Cash flows
CSVFiscal years (BDC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (55) | 64 | 255 | 243 | 198 | 238 |
| Stock-based compensation | 20 | 25 | 24 | 21 | 28 | 30 |
| Depreciation and amortization | 109 | 88 | 89 | 99 | 116 | 129 |
| Net cash from operating activities | 173 | 272 | 281 | 320 | 352 | 355 |
| Purchases of property and equipment | 90 | 91 | 105 | 117 | 129 | 136 |
| Net cash from investing activities | (32) | (92) | 168 | (200) | (427) | (128) |
| Proceeds from issuing common stock | 0 | 0 | 4 | 7 | 9 | 12 |
| Dividends paid | 9 | 9 | 9 | 8 | 8 | 8 |
| Proceeds from long-term debt | 190 | 356 | 0 | 0 | 0 | 50 |
| Repayments of long-term debt | 190 | 360 | — | — | — | — |
| Net cash from financing activities | (75) | (33) | (393) | (212) | (144) | (218) |
| Net change in cash | 76 | 142 | 44 | (91) | (227) | 20 |
Compare with peers
SIC 3357 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3357 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Belden | 381 | 966 | 130* | 39.1M | 10-QSep 27, 2026 |
| Kaiser Aluminum | 117 | 1,215 | 101* | 16.3M | 10-QSep 30, 2026 |
| Mueller Industries | 1,448 | 1,419 | 337* | 218.0M | 10-QSep 26, 2026 |
| Quanex Building Products | 62 | 502 | 59* | 45.8M | 10-QJul 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.