Stocktoria

BELDEN INC. BDC

NYSE · stock · Drawing & Insulating of Nonferrous Wire · website · IPO 1993-09-30 · LEI

BELDEN INC. statistics & valuation

P / E19.6×
P / S1.7×
P / B3.7×
P / FCF21.3×
Net margin8.7%
FCF margin8.1%
Net debt$895.8M
Net debt / EBITDA
Enterprise value USD$5.6B
EV / EBITDA12.5×
Earnings yield EBIT/EV5.7%
Return on capital11.1%
Graham number -53.2%$64.66

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($64.66); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
5.40% 3.90% 6.20% -17.70% -3.10% 2.80% 9.80% 9.70% 8.10% 8.70% 2016201720182019202020212022202320242025
Gross margin (%)
41.60% 33.60% 32.10% 37.20% 32.90% 33.50% 35.20% 38.00% 37.50% 38.00% 2016201720182019202020212022202320242025
Operating margin (%)
9.80% 9.80% 12.10% 9.70% 8.60% 11.50% 13.90% 12.60% 10.80% 11.60% 2016201720182019202020212022202320242025
Return on equity (%)
8.80% 6.50% 11.60% -39.00% -7.30% 6.70% 22.30% 20.80% 15.30% 18.80% 2016201720182019202020212022202320242025
Shares outstanding
42.6M 42.6M 41.0M 45.5M 44.9M 45.4M 44.5M 42.9M 41.3M 40.2M 2016201720182019202020212022202320242025
Net debt ($)
$772.0M $1.02B $1.06B $1.03B $1.07B $818.4M $473.5M $607.2M $759.8M $895.8M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
3.40% 2.40% 4.30% -11.10% -1.80% 1.90% 8.10% 7.50% 6.00% 6.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
11.10% 8.00% 7.40% 7.80% 4.70% 7.90% 6.80% 8.10% 9.10% 8.10% 2016201720182019202020212022202320242025
Debt / equity (×)
1.11× 1.09× 1.05× 1.49× 2.08× 1.53× 1.02× 1.03× 0.87× 1.02× 2016201720182019202020212022202320242025
EPS ($)
$2.65 $1.37 $3.08 -$9.37 -$1.23 $1.41 $5.72 $5.66 $4.80 $5.91 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

BELDEN INC. trades at about 23.4× earnings — below its 10-year norm (10-year range 13.1×–61.9×, median 27.7×).

13.1× 61.9×

Shaded band = 10-year range (13.1×–61.9×); dot = today's 23.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin38.0%37.5%38.0%35.2%33.5%32.9%37.2%32.1%33.6%41.6%
Operating margin11.6%10.8%12.6%13.9%11.5%8.6%9.7%12.1%9.8%9.8%
Net margin8.7%8.1%9.7%9.8%2.8%-3.1%-17.7%6.2%3.9%5.4%
FCF margin8.1%9.1%8.1%6.8%7.9%4.7%7.8%7.4%8.0%11.1%
Return on assets6.7%6.0%7.5%8.1%1.9%-1.8%-11.1%4.3%2.4%3.4%
Return on equity18.8%15.3%20.8%22.3%6.7%-7.3%-39.0%11.6%6.5%8.8%
Debt / equity1.02×0.87×1.03×1.02×1.53×2.08×1.49×1.05×1.09×1.11×
Current ratio1.931.922.302.402.492.111.911.762.022.59

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.