BDC financial statements
The full income statement, balance sheet, and cash-flow statement for Belden Inc (BDC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 2.72B+10.3% | 2.46B-2.0% | 2.51B-3.6% | 2.61B+13.3% | 2.30B+31.3% | |
| 1.03B+11.8% | 922M-3.4% | 955M+4.2% | 916M+18.7% | 772M+34.1% | ||
| Cost of revenue | 1.68B+9.4% | 1.54B-1.2% | 1.56B-7.9% | 1.69B+10.5% | 1.53B+30.0% | |
| Research & development | 129M+14.6% | 112M-3.5% | 116M+11.6% | 104M+15.7% | 90.2M+23.6% | |
| Selling, general & administrative | 533M+7.8% | 495M+0.4% | 493M+9.8% | 449M+18.7% | 378M+16.9% | |
| Restructuring | 7.32M-56.5% | 16.8M-9.8% | 18.7M+13.3% | 16.5M-10.3% | 18.4M+105.9% | |
| Amortization of intangibles | 53.4M+9.3% | 48.8M+20.9% | 40.4M+6.6% | 37.9M+23.6% | 30.6M+5.5% | |
| Provision for credit losses | 600K-75.0% | 2.40M-84.6% | 15.6M+140.0% | 6.50M+1525.0% | 400K-82.6% | |
| Operating income | 316M+18.5% | 266M-16.1% | 318M-12.6% | 363M+37.8% | 264M+75.7% | |
| Net interest income | — | — | -33.6M+22.8% | -43.6M+30.5% | -62.7M-6.4% | |
| Pre-tax income | 267M+17.1% | 228M-20.2% | 286M-10.0% | 317M+40.0% | 227M+149.7% | |
| Income tax | 29.3M-0.6% | 29.5M-31.6% | 43.2M-13.0% | 49.6M+77.7% | 27.9M+39.0% | |
| 238M+19.7% | 198M-18.3% | 243M-4.7% | 255M+298.4% | 63.9M+215.9% | ||
| Income from continuing operations | — | 198M-18.3% | 243M-9.3% | 268M+34.8% | 198M+181.0% | |
| Discontinued operations | — | — | — | -3.69M+97.3% | -136M-17.7% | |
| Net income to non-controlling interest | 0.00+100.0% | -19.0K+90.6% | -203K-227.7% | 159K-59.4% | 392K+276.9% | |
| Net income to common | — | 198M-18.3% | 243M-4.7% | 255M+298.4% | 63.9M+215.9% | |
| $5.91+23.1% | $4.80-15.2% | $5.66-1.0% | $5.72+305.7% | $1.41+214.6% | ||
| EPS (basic) | $6.00+23.0% | $4.88-15.1% | $5.75-1.0% | $5.81+306.3% | $1.43+216.3% | |
| Weighted-avg shares (basic) | 39.6M-2.7% | 40.7M-3.7% | 42.2M-3.7% | 43.8M-2.1% | 44.8M+0.1% | |
| Weighted-avg shares (diluted) | 40.2M-2.6% | 41.3M-3.6% | 42.9M-3.8% | 44.5M-1.8% | 45.4M+0.9% | |
| Dividends per share | $0.20+0.0% | $0.20+0.0% | $0.20+0.0% | $0.20+0.0% | $0.20+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.35B+12.8% | 1.20B-17.9% | 1.46B-5.2% | 1.54B-18.2% | 1.88B+70.9% | ||
| Cash & equivalents | 390M+5.3% | 370M-38.0% | 597M-13.2% | 688M+7.2% | 642M+28.1% | |
| Accounts receivable | 463M+13.0% | 410M-1.0% | 414M-6.0% | 440M+14.8% | 383M+29.2% | |
| Inventory | 402M+17.3% | 343M-6.5% | 367M+7.4% | 342M-1.1% | 345M+39.6% | |
| Other current assets | 94.3M+29.0% | 73.1M-7.6% | 79.1M+18.4% | 66.9M+14.7% | 58.3M+11.5% | |
| 3.54B+6.5% | 3.33B+2.7% | 3.24B+2.5% | 3.16B-7.5% | 3.42B+8.9% | ||
| Property, plant & equipment | 566M+14.2% | 496M+9.9% | 451M+18.1% | 382M+11.1% | 344M-6.8% | |
| Operating lease right-of-use | 113M-4.7% | 119M+32.2% | 89.7M+22.2% | 73.4M-2.9% | 75.6M+37.9% | |
| Goodwill | 1.04B+1.8% | 1.02B+12.3% | 907M+5.2% | 862M+5.0% | 821M+4.0% | |
| Intangible assets | 400M-4.6% | 419M+55.7% | 269M+9.0% | 247M+3.6% | 238M+8.7% | |
| Deferred tax assets | 14.5M-11.3% | 16.4M+3.9% | 15.7M+7.5% | 14.6M-53.9% | 31.7M+10.4% | |
| Other non-current assets | 64.1M+1.0% | 63.4M+26.2% | 50.2M+8.0% | 46.5M+57.3% | 29.6M-40.1% | |
| 697M+12.0% | 623M-1.7% | 634M-1.0% | 640M-15.0% | 753M+44.6% | ||
| Accounts payable | 361M+14.5% | 316M-8.0% | 343M-2.0% | 350M-7.3% | 378M+54.7% | |
| Accrued liabilities | 336M+9.5% | 307M+5.7% | 290M+0.1% | 290M+4.2% | 278M+0.5% | |
| Deferred revenue | 40.2M+35.0% | 29.8M+25.6% | 23.7M-9.5% | 26.2M+113.9% | 12.3M-77.0% | |
| Current lease liability | 20.2M+3.7% | 19.4M+6.6% | 18.2M+10.9% | 16.4M+0.4% | 16.4M+11.1% | |
| Finance lease liability (current) | 1.99M+20.6% | 1.65M+129.2% | 719K+83.9% | 391K+179.3% | 140K | |
| Long-term debt | 1.29B+13.8% | 1.13B-6.2% | 1.20B+3.7% | 1.16B-20.5% | 1.46B-7.2% | |
| Deferred revenue (non-current) | 9.50M-7.8% | 10.3M+39.2% | 7.40M+5.7% | 7.00M-73.0% | 25.9M+7.0% | |
| Non-current lease liability | 94.4M-5.7% | 100M+33.5% | 74.9M+26.5% | 59.3M-4.4% | 62.0M+33.6% | |
| Operating lease liability (total) | 115M-4.1% | 119M+28.2% | 93.2M+23.1% | 75.7M-3.4% | 78.3M+28.1% | |
| Finance lease liability (total) | 9.90M-5.6% | 10.5M+54.2% | 6.80M+7.7% | 6.32M+1264.8% | 463K | |
| Finance lease liability | 7.91M-10.5% | 8.85M+45.4% | 6.08M+2.6% | 5.93M+1735.3% | 323K | |
| Deferred tax liabilities | 98.1M+26.8% | 77.3M+56.3% | 49.5M-15.6% | 58.6M+14.6% | 51.1M+33.1% | |
| Other non-current liabilities | 40.0M+0.6% | 39.8M+6.9% | 37.2M+20.1% | 31.0M+111.2% | 14.7M-65.9% | |
| 1.26B-2.3% | 1.29B+11.0% | 1.17B+2.0% | 1.14B+19.7% | 955M+27.3% | ||
| Common stock | 503K+0.0% | 503K+0.0% | 503K+0.0% | 503K+0.0% | 503K+0.0% | |
| Additional paid-in capital | 867M+3.3% | 840M+2.6% | 819M-0.8% | 826M-1.0% | 834M+1.2% | |
| Retained earnings | 1.41B+19.5% | 1.18B+19.3% | 986M+31.2% | 752M+48.6% | 506M+12.2% | |
| Treasury stock | 912M+27.0% | 718M+20.2% | 597M+39.3% | 429M+36.6% | 314M-5.6% | |
| Accumulated other comprehensive income | -97.2M-2652.1% | -3.53M+91.4% | -41.3M-603.1% | -5.87M+91.7% | -70.6M+63.2% | |
| Non-controlling interest | — | 0.00-100.0% | 45.0K-95.2% | 939K+18.1% | 795K-87.7% | |
| Total equity incl. non-controlling | — | 1.29B+11.0% | 1.17B+2.0% | 1.14B+19.6% | 956M+26.3% | |
| Total liabilities & equity | 3.54B+6.5% | 3.33B+2.7% | 3.24B+2.5% | 3.16B-7.5% | 3.42B+8.9% | |
| Common shares issued | 50.3M+0.0% | 50.3M+0.0% | 50.3M+0.0% | 50.3M+0.0% | 50.3M+0.0% | |
| Common shares outstanding | 38.9M-3.1% | 40.2M-2.2% | 41.1M-4.0% | 42.8M-4.8% | 45.0M+0.7% | |
| Shares outstanding (cover) | 38.7M-3.8% | 40.3M-2.0% | 41.1M-4.2% | 42.9M-4.7% | 45.0M+0.7% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 355M+0.8% | 352M+10.1% | 320M+13.6% | 281M+3.4% | 272M+56.9% | ||
| Depreciation & amortization | 129M+11.8% | 116M+16.4% | 99.4M+12.1% | 88.7M+0.9% | 88.0M-19.0% | |
| Intangible amortization | 53.4M+9.3% | 48.8M+20.9% | 40.4M+6.6% | 37.9M+23.6% | 30.6M+5.5% | |
| Share-based compensation | 30.0M+9.0% | 27.5M+31.0% | 21.0M-11.2% | 23.7M-4.8% | 24.9M+24.2% | |
| Deferred income taxes | 5.03M+131.5% | -16.0M-23.1% | -13.0M-1966.5% | -627K-117.5% | 3.58M+118.4% | |
| Change in inventory | 48.2M+298.3% | -24.3M-258.6% | 15.3M+375.8% | -5.56M-106.0% | 93.0M+993.0% | |
| Change in payables | 19.5M+189.6% | -21.7M-165.7% | -8.18M+60.3% | -20.6M-115.2% | 136M+411.4% | |
| -128M+70.0% | -427M-113.0% | -200M-219.0% | 168M+283.0% | -92.0M-190.8% | ||
| Capital expenditure | 136M+5.5% | 129M+10.6% | 117M+11.1% | 105M+15.5% | 91.0M+0.9% | |
| Free cash flow | 219M-1.9% | 223M+9.9% | 203M+15.2% | 176M-2.7% | 181M+117.8% | |
| Acquisitions | -7.74M-102.6% | 296M+177.8% | 107M+2.0% | 105M+42.6% | 73.3M+12530.5% | |
| Proceeds from sale of PP&E | 191K+69.0% | 113K-99.2% | 13.8M-68.3% | 43.5M+44.0% | 30.2M+856.5% | |
| -218M-51.5% | -144M+32.2% | -212M+46.1% | -393M-1094.2% | -32.9M+56.0% | ||
| Long-term debt issued | 50.0M | 0.00 | 0.00 | 0.00-100.0% | 356M+87.4% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 360M+89.6% | |
| Common stock issued | 11.6M+30.4% | 8.92M+35.8% | 6.57M+76.7% | 3.72M | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 7.97M-2.8% | 8.20M-3.6% | 8.50M-5.0% | 8.95M-1.2% | 9.06M+0.3% | |
| Other financing activities | 0.00-100.0% | 728K | 0.00 | 0.00+100.0% | -3.15M-1524.2% | |
| FX effect on cash | 10.7M+228.6% | -8.35M-513.1% | 2.02M+116.1% | -12.6M-134.5% | -5.36M-157.7% | |
| Net change in cash | 19.6M+108.6% | -227M-150.2% | -90.6M-306.4% | 43.9M-69.0% | 142M+86.3% | |
| Interest paid | 43.2M+1.8% | 42.4M+0.7% | 42.1M-6.8% | 45.2M-16.6% | 54.2M+2.2% | |
| Income taxes paid | 33.3M-53.2% | 71.1M+14.1% | 62.4M-12.5% | 71.3M+77.5% | 40.1M+58.9% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 4.52B-0.4% | 4.53B+40.8% | 3.22B+4.6% | 3.08B+4.1% | 2.96B+58.0% | |
| P/E | 19.0×-16.8% | 22.9×+89.0% | 12.1×-43.8% | 21.5×-53.5% | 46.3× | |
| P/S | 1.7×-9.7% | 1.8×+49.9% | 1.2×+2.2% | 1.2×-6.4% | 1.3×+20.3% | |
| P/B | 3.6×+2.0% | 3.5×+30.5% | 2.7×-1.1% | 2.7×-12.3% | 3.1×+24.2% | |
| P/FCF | 20.7×+1.5% | 20.3×+55.2% | 13.1×-30.5% | 18.9×+15.4% | 16.3×-27.4% | |
| Earnings yield | 5.3%+20.2% | 4.4%-47.1% | 8.3%+78.1% | 4.6%+114.8% | 2.2% | |
| FCF yield | 4.8%-1.5% | 4.9%-35.6% | 7.6%+43.9% | 5.3%-13.4% | 6.1%+37.8% | |
| Dividend yield | 0.17%-3.4% | 0.18%-31.4% | 0.26%-6.9% | 0.28%-8.6% | 0.30%-36.3% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: BDC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BDC filings on SEC EDGAR → Not investment advice.
