Belden Inc (BDC)

Net profit margin

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 242,759 266,259 292,206 282,014 254,663 142,927 85,897 71,100 63,925 120,630 96,362 -15,307 -55,162 -209,506 -523,511 -413,406 -377,015 -186,081 196,809 183,478
Revenue (ttm) US$ in thousands 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 2,131,278 2,133,642 2,154,581 2,167,127
Net profit margin 9.66% 10.16% 10.97% 10.69% 9.77% 5.58% 3.44% 2.96% 2.78% 5.81% 4.95% -0.85% -3.15% -10.95% -26.56% -19.74% -17.69% -8.72% 9.13% 8.47%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $242,759K ÷ $2,512,084K
= 9.66%

The net profit margin of Belden Inc has been showing a generally positive trend over the past year, with an improvement from 9.77% in Q4 2022 to 10.97% in Q2 2023. This indicates that the company has been able to generate more profit from its revenue during this period. However, Q4 2023 saw a slight decline to 9.66%, which may warrant further investigation to understand the factors behind this decrease. Overall, the company has been able to maintain a consistent level of profitability, with the majority of the quarters showing double-digit net profit margins, reflecting efficient cost management and strong revenue generation.


Peer comparison

Dec 31, 2023

Company name
Symbol
Net profit margin
Belden Inc
BDC
9.66%
Corning Incorporated
GLW
4.62%