Belden Inc (BDC)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 242,759 | 254,663 | 63,925 | -55,162 | -377,015 |
| Revenue | US$ in thousands | 2,512,080 | 2,606,480 | 2,301,260 | 1,752,190 | 2,131,280 |
| Net profit margin | 9.66% | 9.77% | 2.78% | -3.15% | -17.69% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $242,759K ÷ $2,512,080K
= 9.66%
The net profit margin of Belden Inc has shown a fluctuating trend over the past five years. In 2023, the net profit margin improved slightly to 9.66% compared to 9.77% in 2022. This indicates that the company is effectively managing its expenses relative to its revenue to generate profit.
However, looking back to 2021, there was a significant increase in the net profit margin to 2.65%, showing an improvement from previous years. On the other hand, in 2020 and 2019, the company experienced negative net profit margins of -2.96% and -18.55% respectively. These negative margins suggest that the company's expenses exceeded its revenue during those years.
Overall, the trend in Belden Inc's net profit margin indicates some variability in the company's ability to generate profit relative to its revenue in recent years. Further analysis of the company's financial performance and strategies would be necessary to understand the drivers behind these fluctuations.
Peer comparison
Dec 31, 2023