Belden Inc (BDC)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 227,961 | 206,858 | 229,272 | 253,590 | 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 |
| Revenue (ttm) | US$ in thousands | 2,460,979 | 2,346,180 | 2,318,061 | 2,405,970 | 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 |
| Pretax margin | 9.26% | 8.82% | 9.89% | 10.54% | 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% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $227,961K ÷ $2,460,979K
= 9.26%
Belden Inc's pretax margin has shown a significant improvement over the analyzed period from March 31, 2020, to December 31, 2024. Starting with negative margins in early 2020, the company managed to turn around its performance gradually, reaching positive pretax margins by March 31, 2021.
The trend continued upwards, with pretax margins increasing steadily and peaking at 13.12% on June 30, 2023. However, there was a slight dip in the following periods, settling at around 9-12% by the end of 2024.
Overall, Belden Inc's pretax margin has demonstrated resilience and improvement, indicating effective cost management and revenue generation strategies implemented by the company during the analyzed period.
Peer comparison
Dec 31, 2024