Belden Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.72B | $2.46B | $2.51B | $2.61B | $2.30B | $1.75B | $2.13B | $2.17B |
| Cost of Revenue | $1.68B | $1.54B | $1.56B | $1.69B | $1.53B | $1.18B | $1.34B | $1.34B |
| Gross Profit | $1.03B | $922.2M | $955.0M | $916.3M | $771.8M | $575.6M | $793.5M | $829.9M |
| Gross Margin | 38.0% | 37.5% | 38.0% | 35.2% | 33.5% | 32.9% | 37.2% | 38.3% |
| Operating Expenses | ||||||||
| Research & Development | $128.8M | $112.4M | $116.4M | $104.4M | $90.2M | $73.0M | $94.4M | $91.6M |
| SG&A Expense | $533.4M | $494.6M | $492.7M | $448.6M | $378.0M | $323.4M | $417.3M | $411.4M |
| Operating Income | $315.7M | $266.5M | $317.5M | $363.3M | $263.7M | $150.1M | $207.2M | $314.0M |
| Operating Margin | 11.6% | 10.8% | 12.6% | 13.9% | 11.5% | 8.6% | 9.7% | 14.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $266.9M | $227.9M | $285.8M | $317.4M | $226.8M | $90.8M | $152.4M | $230.1M |
| Income Tax Expense | $29.3M | $29.5M | $43.2M | $49.6M | $27.9M | $20.1M | $42.5M | $62.9M |
| Net Income | $237.5M | $198.4M | $242.8M | $254.7M | $63.9M | $-55.2M | $-377.0M | $160.9M |
| Net Margin | 8.7% | 8.1% | 9.7% | 9.8% | 2.8% | -3.1% | -17.7% | 7.4% |
| EPS (Basic) | $6.00 | $4.88 | $5.75 | $5.81 | $1.43 | $-1.23 | $-9.37 | $3.10 |
| EPS (Diluted) | $5.91 | $4.80 | $5.66 | $5.72 | $1.41 | $-1.23 | $-9.37 | $3.08 |
| Shares Outstanding (Basic) | 39.6M | 40.7M | 42.2M | 43.8M | 44.8M | 44.8M | 42.2M | 40.7M |
| Shares Outstanding (Diluted) | 40.2M | 41.3M | 42.9M | 44.5M | 45.4M | 44.9M | 42.4M | 41.0M |
| Dividends Per Share | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 |