profit from every $100 of sales.
$0$100
Belden
$102.21-1.88% today
-11.8% in 1 year
1-year low $96.251-year high $150.91
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $16.83 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Belden sold, what it kept, and what it did with the cash.
Sales went from $2.61 billion in 2022 to $2.72 billion in 2025, with $238 million of profit last year.
SalesProfit
Belden handed back 93% of the cash it generated last year.
Buybacks $196M
Free cash flow 2025$219M
Bought back its own shares$196M
Paid as dividends$8M
Cash vs. debt$390M vs. $1.4B
Belden vs. similar companies
Belden grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Belden | 16.8× · Fair price | ||
 Cisco | 30.3× · Expensive | ||
 Foxconn Industrial Internet | 24.4× · Fair price | ||
 Zhongji Innolight | 55.5× · Expensive | ||
 Motorola Solutions | 40.7× · Expensive |
AI analysis
An AI analyst reads Belden's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,606 | 2,512 | 2,461 | 2,715 | |
| 916 | 955 | 922 | 1,031 | |
| 325 | 305 | 266 | 316 | |
| 450 | 419 | 382 | 443 | |
| 255 | 243 | 198 | 238 | |
| 5.72 | 5.66 | 4.80 | 5.91 | |
| 35.2% | 38.0% | 37.5% | 38.0% | |
| 12.5% | 12.2% | 10.8% | 11.6% | |
| 9.8% | 9.7% | 8.1% | 8.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,162 | 3,240 | 3,328 | 3,544 |
| Cash | 688 | 597 | 370 | 390 |
| Total debt | 1,237 | 1,298 | 1,251 | 1,402 |
| Total liabilities | 2,018 | 2,074 | 2,033 | 2,279 |
| 1,143 | 1,166 | 1,295 | 1,264 | |
| 45 | 43 | 41 | 40 | |
| 12.0% | 10.2% | 8.3% | 9.3% | |
| 22.3% | 20.8% | 15.3% | 18.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 281 | 320 | 352 | 355 | |
| 105 | 117 | 129 | 136 | |
| 176 | 203 | 223 | 219 | |
| Dividends paid | 9 | 8 | 8 | 8 |
| 150 | 192 | 134 | 196 | |
| 24 | 21 | 28 | 30 |
Valuation
- 16.8×
- 12.8×
- 15.36
- 3.0×
- 1.5×
- 18.3×
- 11.3×
- 5.5%
- 5.9%
- 0.2%
Profitability
- 38.0%
- 11.6%
- 8.7%
- 17.1%
- 9.5%
- 10.2%
- 18.8%
- 6.8%
- 12.1%
- 4.6%
Growth
- +1.4%
- +1.1%
- −1.9%
- +0.0%
- −3.3%
Financial health
- 2.3×
- 1.11
- 39.0%
- 6.8×
- 1.93
- 1.40
- 0.81
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 42%of 969
Top 43%of 976
Top 19%of 740
Bottom 24%of 978
Top 25%of 983
What analysts expect
- Average price target
- $150.00
- Range
- $150.00 – $150.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 1.77 | 1.71 | +3.5% |
| Feb 12, 2026 | 2.08 | 1.93 | +7.8% |
| Oct 30, 2025 | 1.97 | 1.90 | +3.7% |
| Jul 31, 2025 | 1.89 | 1.72 | +9.9% |
| May 1, 2025 | 1.60 | 1.48 | +8.1% |
| Feb 6, 2025 | 1.92 | 1.68 | +14.3% |
| Oct 31, 2024 | 1.70 | 1.61 | +5.6% |
| Aug 1, 2024 | 1.51 | 1.37 | +10.2% |
0.2%of the share price, paid each year
On $1,000 invested$2a year at today's yield, before tax
+0.0%2020 to 2025
Raised–not every year
Paid per share, each year
$0.20 in 2015 → $0.20 in 2025
How safe it looks
3.4% of its profit
Room to growStretchedMore than it earns: 3.6%
News
Investcorp Credit Management BDC GAAP EPS of -$0.33, TII of $3.14MSeeking Alpha · Nov 12, 20262 BDC Stocks to Buy and Hold That Earn More Than Their Regular DividendsYahoo Finance · Oct 21, 2026PennantPark vs. PennantPark Floating Rate: Which BDC Pays Income Investors Better?Yahoo Finance · Aug 23, 2026Investcorp Credit Management BDC GAAP EPS of -$0.08, revenue of $3.13MSeeking Alpha · Aug 17, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
53No pass
Benjamin Graham
54No pass
Philip Fisher
47No pass
Peter Lynch
14No pass
Joel Greenblatt
34No pass
Charlie Munger
44No pass
Terry Smith
39No pass
Questions about Belden
Is Belden a good stock to buy?
A solid business at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Belden AI analysis
What does Belden do?
Belden Inc. provides connection solutions to bring data infrastructure into alignment to unlock new possibilities for its customers. It is in Communication Equipment, based in Saint Louis, MO, United States, with 8,000 employees.
Does Belden pay a dividend?
Yes. At today's price the dividend is 0.2% a year, about 3% of its yearly profit. In 2025 it paid out $7.97 million in dividends.
Is Belden stock halal?
No. Belden does not pass our halal screen: its debt is 35% of its market value, at or above the 33% limit. How we check
How has Belden stock done over the past year?
Down 11.8% over the past twelve months, to $102.21. It traded between $96.25 and $150.91 and is 32.3% below its high.
Who are Belden's competitors?
The largest listed companies in the same industry are Cisco, Foxconn Industrial Internet, Zhongji Innolight and Motorola Solutions. The peers table on this page compares their profit, growth and price with Belden's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.