Belden Inc (BDC)

Net 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
Net income (ttm) US$ in thousands 198,433 178,516 197,171 216,880 242,759 266,259 292,206 282,014 254,663 142,927 85,897 71,100 63,925 120,630 96,362 -15,307 -55,162 -209,506 -523,511 -413,406
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
Net profit margin 8.06% 7.61% 8.51% 9.01% 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%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $198,433K ÷ $2,460,979K
= 8.06%

Belden Inc's net profit margin has shown a noteworthy improvement over the quarters analyzed in the given data. Starting at a negative net profit margin of -19.74% in March 2020, the company steadily improved to achieve positive margins from June 2021 onward.

The trend of Belden Inc's net profit margin suggests that the company has successfully managed its profitability over time, moving from negative margins to consistently positive margins. This indicates that the company has been able to control costs effectively, increase revenues, or both.

Specifically, the net profit margin increased gradually from 4.95% in June 2021 to 8.06% in December 2024. This upward trend signifies that Belden Inc has been able to generate more profit relative to its revenue, showcasing improved efficiency in its operations and management of expenses.

Overall, this positive trajectory in the net profit margin reflects favorably on Belden Inc's financial performance and indicates that the company has been able to enhance its profitability in the period covered by the data.


Peer comparison

Dec 31, 2024

Company name
Symbol
Net profit margin
Belden Inc
BDC
8.06%
Corning Incorporated
GLW
3.86%