Belden Inc (BDC)

Return on equity (ROE)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 198,433 242,759 254,663 63,925 -55,162
Total stockholders’ equity US$ in thousands 1,294,740 1,166,260 1,143,010 955,287 750,581
ROE 15.33% 20.82% 22.28% 6.69% -7.35%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $198,433K ÷ $1,294,740K
= 15.33%

Based on the data provided, Belden Inc's return on equity (ROE) has shown varying trends over the years.

- In December 31, 2020, Belden Inc had a negative ROE of -7.35%, indicating that the company's net income was insufficient to cover shareholder equity, potentially due to poor performance or high levels of debt.
- By December 31, 2021, the ROE improved to 6.69%, suggesting a recovery or improvement in the company's profitability and efficiency in generating returns for shareholders.
- In December 31, 2022, the ROE surged to 22.28%, signaling a significant improvement in the company's ability to utilize equity to generate profits.
- December 31, 2023, maintained a strong ROE of 20.82%, reflecting continued profitability and efficient utilization of shareholder equity.
- Finally, by December 31, 2024, the ROE decreased slightly to 15.33%, indicating a potential slowdown in the company's ability to generate returns on equity compared to the previous year.

Overall, Belden Inc's ROE showed fluctuations but generally improved from negative territory in 2020 to positive figures in the subsequent years, peaking in 2022 and 2023 before moderating in 2024. Analyzing factors driving these changes will provide insights into the company's financial performance and strategies.


Peer comparison

Dec 31, 2024

Company name
Symbol
ROE
Belden Inc
BDC
15.33%
Corning Incorporated
GLW
4.74%