Belden Inc (BDC)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 922,222 | 878,771 | 875,935 | 910,457 | 954,966 | 995,079 | 992,557 | 953,534 | 916,289 | 877,740 | 842,471 | 811,520 | 771,843 | 651,503 | 615,718 | 574,304 | 575,622 | 690,805 | 722,018 | 777,150 |
| Revenue (ttm) | US$ in thousands | 2,460,979 | 2,346,180 | 2,318,061 | 2,405,970 | 2,512,084 | 2,619,913 | 2,663,597 | 2,637,903 | 2,606,485 | 2,559,372 | 2,493,642 | 2,402,948 | 2,301,260 | 2,077,317 | 1,948,395 | 1,797,349 | 1,752,192 | 1,913,864 | 1,971,123 | 2,094,664 |
| Gross profit margin | 37.47% | 37.46% | 37.79% | 37.84% | 38.01% | 37.98% | 37.26% | 36.15% | 35.15% | 34.30% | 33.78% | 33.77% | 33.54% | 31.36% | 31.60% | 31.95% | 32.85% | 36.09% | 36.63% | 37.10% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $922,222K ÷ $2,460,979K
= 37.47%
Belden Inc's gross profit margin has shown some fluctuations over the past few years. The margin declined from 37.10% as of March 31, 2020, to a low of 31.36% as of September 30, 2021. However, since then, there has been an upward trend in the gross profit margin, reaching 37.47% as of December 31, 2024.
Overall, the company has managed to improve its gross profit margin over the years, indicating potentially better control over production costs, pricing strategies, or a shift towards higher-margin products or services. It is important to monitor this ratio regularly to assess the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024