Belden Inc (BDC)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 198,433 | 242,759 | 254,663 | 63,925 | -55,162 |
| Revenue | US$ in thousands | 2,460,980 | 2,512,080 | 2,606,480 | 2,301,260 | 1,752,190 |
| Net profit margin | 8.06% | 9.66% | 9.77% | 2.78% | -3.15% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $198,433K ÷ $2,460,980K
= 8.06%
Belden Inc's net profit margin has exhibited a fluctuating trend over the past five years. The margin was negative at -3.15% as of December 31, 2020, indicating that the company experienced a loss relative to its revenue. However, there was a significant improvement in profitability in the subsequent years, with the net profit margin rising to 2.78% by December 31, 2021. This positive trajectory continued into 2022 and 2023, where the margin reached 9.77% and 9.66% respectively, showcasing strong profitability relative to the company's revenue.
However, there was a slight dip in the net profit margin to 8.06% by December 31, 2024. Despite this decrease, Belden Inc has maintained a generally favorable net profit margin in recent years, indicating efficient cost management and potentially increasing the company's attractiveness to investors. The overall trend suggests an improvement in the company's profitability, although it is important for Belden Inc to monitor and potentially address any fluctuations in net profit margin to ensure sustained financial health.
Peer comparison
Dec 31, 2024