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Belden Inc.. (BDC) Stock Fundamental Analysis & AI Rating 2026

BDC NYSE Drawing & Insulating of Nonferrous Wire DE CIK: 0000913142
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
74% Confidence
STRONG AGREEMENT
BUY
72% Conf
BUY
77% Conf

📊 BDC Key Takeaways

Revenue: $2.7B
Net Margin: 8.7%
Free Cash Flow: $218.7M
Current Ratio: 1.93x
Debt/Equity: 1.02x
EPS: $5.91
AI Rating: BUY with 72% confidence
Belden Inc.. (BDC) receives a BUY rating with 74% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.7B, net profit margin of 8.7%, and return on equity (ROE) of 18.8%, Belden Inc.. demonstrates strong fundamentals in the Market sector. Below is our complete BDC stock analysis for 2026.

Is Belden Inc.. (BDC) a Good Investment?

Claude

Belden demonstrates solid operational fundamentals with revenue growth of 10.3% YoY and strong free cash flow generation of $218.7M, supported by healthy profitability metrics across all margins. The company maintains conservative leverage with 1.02x debt/equity and excellent interest coverage of 13.2x, though net income growth has stalled YoY despite higher earnings per share driven by share count reduction.

ChatGPT

Belden shows solid fundamental quality with double-digit revenue growth, healthy margins, and strong returns on equity and assets. Financial health appears sound given solid liquidity, strong interest coverage, and positive free cash flow, although flat net income and meaningful leverage suggest the business still needs to convert growth into more consistent bottom-line expansion.

Why Buy Belden Inc.. Stock? BDC Key Strengths

Claude
  • + Strong revenue growth of 10.3% YoY indicating market demand in industrial wiring
  • + Robust free cash flow of $218.7M with 8.1% FCF margin providing financial flexibility
  • + Conservative balance sheet with debt/equity of 1.02x and interest coverage of 13.2x demonstrating low financial risk
  • + Healthy profitability with 38% gross margin and 8.7% net margin, consistent with manufacturing operations
  • + Strong returns on equity (18.8%) and assets (6.7%) indicating efficient capital deployment
ChatGPT
  • + Revenue growth of 10.3% with gross margin at 38.0% indicates solid demand and pricing/mix resilience
  • + Operating margin of 11.6%, ROE of 18.8%, and ROA of 6.7% reflect efficient operations and good capital productivity
  • + Liquidity is healthy and free cash flow remains positive at $218.69M, with strong 13.2x interest coverage supporting debt service

BDC Stock Risks: Belden Inc.. Investment Risks

Claude
  • ! Net income flat YoY despite 10.3% revenue growth suggests margin compression or expense growth outpacing revenue
  • ! High insider activity with 33 Form 4 filings in 90 days warrants monitoring for potential insider selling or optionality exercises
  • ! Long-term debt of $1.3B represents 100% of stockholders' equity, creating refinancing risk in adverse rate environments
  • ! Operating margin of 11.6% is modest, leaving limited cushion if demand softens or input costs rise
ChatGPT
  • ! Net income was flat year over year despite higher revenue, which may signal cost pressure or weaker earnings conversion
  • ! Leverage is still meaningful with debt/equity at 1.02x and $1.29B of long-term debt
  • ! Free cash flow margin of 8.1% is solid but not exceptional, leaving less room if demand softens or capital needs rise

Key Metrics to Watch

Claude
  • * Gross margin trend - critical to determine if compression is structural or temporary
  • * Operating cash flow sustainability relative to capital expenditure requirements
  • * Debt reduction trajectory and refinancing schedule for $1.3B long-term debt
  • * Revenue growth sustainability and market share dynamics in industrial wiring sector
  • * Insider transaction patterns and aggregate holdings to assess confidence in management
ChatGPT
  • * Net income and operating margin progression versus revenue growth
  • * Free cash flow generation and debt reduction trend

Belden Inc.. (BDC) Financial Metrics & Key Ratios

Revenue
$2.7B
Net Income
$237.5M
EPS (Diluted)
$5.91
Free Cash Flow
$218.7M
Total Assets
$3.5B
Cash Position
$389.9M

💡 AI Analyst Insight

Belden Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

BDC Profit Margin, ROE & Profitability Analysis

Gross Margin 38.0%
Operating Margin 11.6%
Net Margin 8.7%
ROE 18.8%
ROA 6.7%
FCF Margin 8.1%

BDC vs Market Sector: How Belden Inc.. Compares

How Belden Inc.. compares to Market sector averages

Net Margin
BDC 8.7%
vs
Sector Avg 12.0%
BDC Sector
ROE
BDC 18.8%
vs
Sector Avg 15.0%
BDC Sector
Current Ratio
BDC 1.9x
vs
Sector Avg 1.8x
BDC Sector
Debt/Equity
BDC 1.0x
vs
Sector Avg 0.7x
BDC Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Belden Inc.. Stock Overvalued? BDC Valuation Analysis 2026

Based on fundamental analysis, Belden Inc.. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
18.8%
Sector avg: 15%
Net Profit Margin
8.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.02x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Belden Inc.. Balance Sheet: BDC Debt, Cash & Liquidity

Current Ratio
1.93x
Quick Ratio
1.36x
Debt/Equity
1.02x
Debt/Assets
0.0%
Interest Coverage
13.19x
Long-term Debt
$1.3B

BDC Revenue & Earnings Growth: 5-Year Financial Trend

BDC 5-year financial data: Year 2021: Revenue $2.4B, Net Income -$377.0M, EPS $-9.37. Year 2022: Revenue $2.6B, Net Income -$55.2M, EPS $-1.23. Year 2023: Revenue $2.6B, Net Income $63.9M, EPS $1.41. Year 2024: Revenue $2.6B, Net Income $254.7M, EPS $5.72. Year 2025: Revenue $2.7B, Net Income $242.8M, EPS $5.66.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Belden Inc..'s revenue has grown significantly by 13% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.66 reflects profitable operations.

BDC Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
8.1%
Free cash flow / Revenue

BDC Quarterly Earnings & Performance

Quarterly financial performance data for Belden Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $654.9M $51.9M $1.30
Q2 2025 $604.3M $49.0M $1.19
Q1 2025 $535.7M $37.3M $0.90
Q3 2024 $626.8M $53.7M $1.30
Q2 2024 $604.3M $49.0M $1.19
Q1 2024 $535.7M $37.3M $0.90
Q3 2023 $626.8M $72.3M $1.70
Q2 2023 $666.6M $58.6M $1.31

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Belden Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$354.9M
Cash generated from operations
Stock Buybacks
$25.0M
Shares repurchased (TTM)
Capital Expenditures
$136.2M
Investment in assets
Dividends Paid
$8.0M
Returned to shareholders

BDC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Belden Inc.. (CIK: 0000913142)

📋 Recent SEC Filings

Date Form Document Action
Apr 14, 2026 4 xslF345X06/ownership.xml View →
Apr 9, 2026 DEF 14A bdc-20260409.htm View →
Mar 11, 2026 4 xslF345X05/ownership.xml View →
Mar 11, 2026 4 xslF345X05/ownership.xml View →
Mar 11, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about BDC

What is the AI rating for BDC?

Belden Inc.. (BDC) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BDC's key strengths?

Claude: Strong revenue growth of 10.3% YoY indicating market demand in industrial wiring. Robust free cash flow of $218.7M with 8.1% FCF margin providing financial flexibility. ChatGPT: Revenue growth of 10.3% with gross margin at 38.0% indicates solid demand and pricing/mix resilience. Operating margin of 11.6%, ROE of 18.8%, and ROA of 6.7% reflect efficient operations and good capital productivity.

What are the risks of investing in BDC?

Claude: Net income flat YoY despite 10.3% revenue growth suggests margin compression or expense growth outpacing revenue. High insider activity with 33 Form 4 filings in 90 days warrants monitoring for potential insider selling or optionality exercises. ChatGPT: Net income was flat year over year despite higher revenue, which may signal cost pressure or weaker earnings conversion. Leverage is still meaningful with debt/equity at 1.02x and $1.29B of long-term debt.

What is BDC's revenue and growth?

Belden Inc.. reported revenue of $2.7B.

Does BDC pay dividends?

Belden Inc.. pays dividends, with $8.0M distributed to shareholders in the trailing twelve months.

Where can I find BDC SEC filings?

Official SEC filings for Belden Inc.. (CIK: 0000913142) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BDC's EPS?

Belden Inc.. has a diluted EPS of $5.91.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BDC a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Belden Inc.. has a BUY rating with 74% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is BDC stock overvalued or undervalued?

Valuation metrics for BDC: ROE of 18.8% (sector avg: 15%), net margin of 8.7% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.

Should I buy BDC stock in 2026?

Our dual AI analysis gives Belden Inc.. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BDC's free cash flow?

Belden Inc..'s operating cash flow is $354.9M, with capital expenditures of $136.2M. FCF margin is 8.1%.

How does BDC compare to other Market stocks?

Vs Default sector averages: Net margin 8.7% (avg: 12%), ROE 18.8% (avg: 15%), current ratio 1.93 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI