Belden Inc (BDC)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 285,988 | 322,333 | 349,530 | 336,738 | 304,330 | 183,488 | 120,158 | 101,839 | 91,942 | 164,006 | 130,569 | 9,722 | -35,041 | -179,943 | -488,479 | -374,818 | -334,449 | -152,982 | 256,112 | 248,164 |
| 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 |
| Pretax margin | 11.38% | 12.30% | 13.12% | 12.77% | 11.68% | 7.17% | 4.82% | 4.24% | 4.00% | 7.90% | 6.70% | 0.54% | -2.00% | -9.40% | -24.78% | -17.89% | -15.69% | -7.17% | 11.89% | 11.45% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $285,988K ÷ $2,512,084K
= 11.38%
The pretax margin of Belden Inc has shown a fluctuating trend over the past eight quarters. With a current pretax margin of 11.38% in Q4 2023, it is important to note that this margin has been on a slight decline since the initial peak of 13.29% in Q2 2023. However, compared to the earlier quarters in 2022, the pretax margin has significantly improved, reflecting better cost management and operational efficiency. It is worth monitoring this metric closely in the upcoming quarters to assess the company's ability to maintain profitability levels.
Peer comparison
Dec 31, 2023