Belden Inc (BDC)

Return on equity (ROE)

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
Net income (ttm) US$ in thousands 198,433 178,516 197,171 216,880 242,759 266,259 292,206 282,014 254,663 142,927 85,897 71,100 63,925 120,630 96,362 -15,307 -55,162 -209,506 -523,511 -413,406
Total stockholders’ equity US$ in thousands 1,294,740 1,235,210 1,219,850 1,155,840 1,166,260 1,199,400 1,162,970 1,133,520 1,143,010 1,133,810 1,048,200 946,770 955,287 939,518 867,751 839,092 750,581 792,396 823,919 947,243
ROE 15.33% 14.45% 16.16% 18.76% 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%

December 31, 2024 calculation

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

The Return on Equity (ROE) of Belden Inc has shown a gradual improvement starting from negative figures in 2020 to positive percentages in the subsequent years.

From negative returns in 2020 and early 2021, the company managed to turn around its performance, achieving double-digit ROE percentages by the middle of 2021. The positive trend continued throughout 2022 and into 2024, albeit with some fluctuations.

By the end of 2024, the ROE stood at 15.33%, signaling a substantial improvement compared to the negative figures seen in the previous years. This demonstrates that Belden Inc has been able to effectively utilize its equity to generate profits for its shareholders over time, reflecting a more favorable financial performance and potentially increased shareholder value.


Peer comparison

Dec 31, 2024

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