Belden Inc (BDC)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 266,460 | 317,518 | 363,334 | 263,676 | 150,114 |
| Revenue | US$ in thousands | 2,460,980 | 2,512,080 | 2,606,480 | 2,301,260 | 1,752,190 |
| Operating profit margin | 10.83% | 12.64% | 13.94% | 11.46% | 8.57% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $266,460K ÷ $2,460,980K
= 10.83%
The operating profit margin of Belden Inc has shown a positive trend over the period from December 31, 2020, to December 31, 2024. Starting at 8.57% in 2020, the margin increased steadily to 11.46% in 2021, further improving to 13.94% in 2022. However, there was a slight decrease in 2023 to 12.64% before declining to 10.83% in 2024. Overall, the company's operating profit margin indicates that it has been able to effectively manage its operating expenses and generate profit from its core business activities, although there was a slight dip in the most recent year. Further analysis would be needed to understand the drivers behind these fluctuations and assess the sustainability of the company's profitability.