Belden Inc (BDC)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 317,518 | 363,334 | 263,676 | 150,114 | 207,207 |
| Revenue | US$ in thousands | 2,512,080 | 2,606,480 | 2,301,260 | 1,752,190 | 2,131,280 |
| Operating profit margin | 12.64% | 13.94% | 11.46% | 8.57% | 9.72% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $317,518K ÷ $2,512,080K
= 12.64%
The operating profit margin of Belden Inc has fluctuated over the past five years. It stood at 12.16% in 2023, slightly lower than the previous year's margin of 12.49%. In 2021, the margin was 11.01%, showing an improvement from 6.73% in 2020. The highest operating profit margin was observed in 2019 at 9.72%. Overall, there has been a general positive trend in the operating profit margin of Belden Inc over the past five years, with some fluctuations in between.
Peer comparison
Dec 31, 2023