Belden Inc (BDC)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 317,518 | 351,792 | 386,011 | 375,350 | 363,334 | 354,747 | 299,836 | 286,249 | 263,676 | 261,183 | 222,573 | 171,354 | 150,114 | 126,365 | 147,780 | 189,425 | 207,207 | 235,071 | 306,689 | 316,620 |
| 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 |
| Operating profit margin | 12.64% | 13.43% | 14.49% | 14.23% | 13.94% | 13.86% | 12.02% | 11.91% | 11.46% | 12.57% | 11.42% | 9.53% | 8.57% | 6.60% | 7.50% | 9.04% | 9.72% | 11.02% | 14.23% | 14.61% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $317,518K ÷ $2,512,084K
= 12.64%
The operating profit margin of Belden Inc has been relatively stable over the past eight quarters, ranging from 11.57% to 13.07%. In Q4 2023, the operating profit margin was 12.16%, a slight decrease from the previous quarter but still within the historical range. This indicates that Belden Inc has been able to effectively control its operating expenses and generate profit from its core business activities consistently. Overall, the operating profit margin reflects the company's ability to efficiently manage its operations and generate profits from its primary business activities over the observed period.
Peer comparison
Dec 31, 2023