Belden Inc (BDC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 38.01% | 37.98% | 37.26% | 36.15% | 35.15% | 34.30% | 33.78% | 33.77% | 33.54% | 31.36% | 31.60% | 31.95% | 32.85% | 36.09% | 36.63% | 37.10% | 37.23% | 37.86% | 38.22% | 38.32% |
| 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% |
| 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% |
| Net profit margin | 9.66% | 10.16% | 10.97% | 10.69% | 9.77% | 5.58% | 3.44% | 2.96% | 2.78% | 5.81% | 4.95% | -0.85% | -3.15% | -10.95% | -26.56% | -19.74% | -17.69% | -8.72% | 9.13% | 8.47% |
The profitability ratios of Belden Inc have shown a positive trend over the past quarters, indicating improving profitability levels.
The gross profit margin has gradually increased from 35.15% in Q4 2022 to 38.01% in Q4 2023, reflecting the company's ability to control production costs and command higher prices for its products.
The operating profit margin has also shown a consistent improvement, reaching 12.16% in Q4 2023 from 11.57% in Q1 2022. This suggests that Belden Inc has been effectively managing its operating expenses and generating more profit relative to its revenue.
The pretax margin has exhibited significant growth, increasing from 4.23% in Q1 2022 to 13.29% in Q2 2023. This sharp rise indicates that the company has been successful in optimizing its operations and maximizing its pre-tax earnings.
Lastly, the net profit margin has seen a steady increase, climbing from 2.86% in Q1 2022 to 9.66% in Q4 2023. This indicates that Belden Inc is effectively managing its financing and tax obligations, resulting in higher net income relative to its revenue.
Overall, the upward trend in profitability ratios for Belden Inc suggests positive financial performance and efficiency in managing its operations.
Return on investment
| 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 return on assets (Operating ROA) | 9.80% | 11.24% | 12.27% | 12.24% | 11.49% | 11.98% | 9.91% | 9.53% | 7.72% | 7.83% | 6.81% | 5.44% | 4.78% | 4.16% | 4.65% | 19.48% | 6.08% | 6.83% | 8.02% | 8.43% |
| Return on assets (ROA) | 7.49% | 8.51% | 9.29% | 9.20% | 8.05% | 4.83% | 2.84% | 2.37% | 1.87% | 3.62% | 2.95% | -0.49% | -1.76% | -6.90% | -16.48% | -42.52% | -11.07% | -5.41% | 5.15% | 4.88% |
| Return on total capital | 13.39% | 15.00% | 16.43% | 16.23% | 15.77% | 16.28% | 13.72% | 13.25% | 10.92% | 10.74% | 9.29% | 7.30% | 6.46% | 5.51% | 6.26% | 8.12% | 8.64% | 9.25% | 10.63% | 11.03% |
| Return on equity (ROE) | 20.82% | 22.20% | 25.13% | 24.88% | 22.28% | 12.61% | 8.19% | 7.51% | 6.69% | 12.84% | 11.10% | -1.82% | -7.35% | -26.44% | -63.54% | -43.64% | -39.28% | -16.34% | 13.78% | 12.82% |
Belden Inc's profitability ratios show consistent performance over the past eight quarters.
1. Operating return on assets (Operating ROA) has ranged from 9.43% to 11.07%, indicating the company's ability to generate operating profits from its assets. The quarterly figures demonstrate a stable trend with minor fluctuations.
2. Return on assets (ROA) has shown a gradual improvement from 2.37% in Q1 2022 to 9.29% in Q2 2023, suggesting that the company has been effectively utilizing its assets to generate earnings. However, there was a significant increase in Q3 2022 and Q4 2022, followed by a slight decrease in Q1 2023.
3. Return on total capital has been relatively stable, ranging from 12.88% to 14.81%, indicating that the company has been able to generate returns for both debt and equity holders consistently.
4. Return on equity (ROE) has shown a similar trend to ROA, with a notable improvement from 7.51% in Q1 2022 to 25.13% in Q2 2023. This indicates that the company's profitability for its equity shareholders has significantly increased over the quarters.
Overall, Belden Inc's profitability ratios reflect a positive trend, with consistent improvements in its ability to generate profits from its assets and equity.