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Belden Inc.

BDCTechnologyNASDAQ

Communication Equipment · Last scanned Jun 1, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$2.72B
+10.3% YoY
Net Income
$237.5M
+19.7% YoY
EBITDA
$442.7M
+15.9% YoY
Free Cash Flow
$81.4M

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About Belden Inc.

Headquartered within the technology sector, Belden Inc. focuses on Communication Equipment services and products. Belden Inc. provides connection solutions to bring data infrastructure into alignment to unlock new possibilities for its customers. The $4.09B market capitalization puts BDC squarely in mid-cap range for its industry. 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.

Key stats
Market Cap$4.09B
P/E (TTM)17.69
Fwd P/E11.82
EPS$5.94
Beta1.18
52W Change+0.4%
Dividend Yield0.19%
ROE18.9%
Analysis

Belden Inc. carries $1.38B in total debt against $272.2M in cash reserves — debt is roughly 5.1x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $81.4M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 18.9%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 6.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $2.61B (2022) to $2.72B (2025).

The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing BDC.

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