Belden Inc (BDC)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 227,961 | 285,959 | 304,308 | 91,864 | -35,064 |
| Revenue | US$ in thousands | 2,460,980 | 2,512,080 | 2,606,480 | 2,301,260 | 1,752,190 |
| Pretax margin | 9.26% | 11.38% | 11.68% | 3.99% | -2.00% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $227,961K ÷ $2,460,980K
= 9.26%
The pretax margin of Belden Inc has displayed considerable variability over the years. Starting at a negative value of -2.00% in December 31, 2020, the company managed to improve its performance significantly, reaching 3.99% by December 31, 2021. The trend of improvement continued in the following years, with pretax margins of 11.68% in 2022 and 11.38% in 2023. However, there was a slight dip in profitability in December 31, 2024, with the pretax margin decreasing to 9.26%. Overall, Belden Inc has shown a positive trajectory in terms of pretax margin, indicating an improvement in its operational efficiency and profitability over the analyzed period.
Peer comparison
Dec 31, 2024