Belden (BDC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Belden

NYSE•Technology•Communication Equipment

$112.52+1.24(0.01%)Pre-market

Market Cap

$4.32B

P/E

17.7x

P/S

1.5x

P/B

3.1x

Belden Inc. provides connection solutions to bring data infrastructure into alignment to unlock new possibilities for its customers. The company provides copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in local area networks, data centers, access control, 5G, fiber to the home, and building automation applications. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end fiber and copper network systems. It also serves commercial real estate, education, financial institutions, stadiums and venues, military installations, and broadband and wireless service providers, as well as data centers, government, healthcare, and hospitality sectors. In addition, the company offers network digitization and automation solutions; and products and solutions covering various aspects of data handling, including acquisition, transmission, orchestration, and management for applications in discrete automation, process automation, energy, and mass transit. It sells its products to distributors, end-users, installers, and original equipment manufacturers (OEMs). It operates in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1902 and is headquartered in Saint Louis, Missouri.

How this company scores

GoodMetricSide Score: 71/100

Strongest: Profitability (20/25); weakest: Cash & Earnings Quality (16/25).

Profitability20/25

Growth19/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality16/25

Strengths

High ROECash-backed earningsImproving leverageConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 17.7x5y range 12.1x – 45.0x

Currently near its 20-quarter median.

P/S · 1.5x5y range 0.9x – 2.0x

Currently near its 20-quarter median.

P/B · 3.1x5y range 2.2x – 3.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $4.32B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.86B
Q. Revenue: $750.16M
TTM EBITDA: $477.18M
TTM Op. Income: $341.05M
Q. Op. Income: $99.26M
TTM Net Income: $244.14M
Q. Net Income: $68.54M
EPS: $1.76
Shares Out.: $38.96M

$2.86B in TTM revenue grew 9.4% YoY, reaching $750.16M last quarter. TTM EBITDA of $477.18M and TTM operating income of $341.05M show growth is flowing through to the bottom line. TTM net income of $244.14M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 39.1%
EBITDA Margin: 18.0%
Op. Margin: 13.2%
Net Margin: 9.1%

Op. margin of 13.2% is up 1.4% YoY — cost efficiency is improving. Net margin at 9.1% and gross margin of 39.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 12% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 17.7x
P/S Ratio: 1.5x
P/B Ratio: 3.1x

At 17.7x P/E, the stock trades within typical market levels. P/S of 1.5x and P/B of 3.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.57B
Cash: $348.65M
Long-Term Debt: $1.23B
Book Value: $1.38B
D/E Ratio: 0.9
Debt/EBITDA: 9.1

With $3.57B in assets and $1.23B in long-term debt, D/E is 0.9and book value is $1.38B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 3 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $129.22M
TTM Free Cash Flow: $212.08M
FCF Margin: 7.4%
FCF / Net Income: 0.9

TTM FCF of $212.08M on $129.22M in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 2% — an improving trend.