Belden (BDC) Gross Margin (2009 - 2026)
Belden's (BDC) quarterly Gross Margin came in at 39.14% in Q2 2026, up 66.0% on a YoY basis from 23.58% in Q2 2025, and up 5.61% quarter-over-quarter from 37.06% in Q1 2026.
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Belden (BDC) Gross Margin (2009 - 2026) Analysis & Trends
Belden (BDC) has reported Gross Margin for 18 consecutive years, with 39.14% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 66.0% year-over-year to 39.14%; the trailing twelve-month figure through Jun 2026 stood at 37.64% (down 49.0% YoY), and the FY2025 full-year result was 37.98%, up 50.0% from the prior year.
- Gross Margin rose to 39.14% in Q2 2026 per BDC's latest filing, from 37.06% in the prior quarter.
- Across five years, Gross Margin topped out at 39.34% in Q1 2025 and bottomed at 33.35% in Q3 2022.
- Historically, Gross Margin has averaged 37.27% across 5 years, with a median of 37.52% in 2024.
- The sharpest annual moves came in 2023 and 2026: Gross Margin surged 440 bps in 2023, then sank 228 bps in 2026.
- Over 5 years, Gross Margin stood at 37.4% in 2022, then gained by 0 bps to 37.44% in 2023, then climbed by 0 bps to 37.51% in 2024, then retreated by 2 bps to 36.6% in 2025, then climbed by 7 bps to 39.14% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 39.14%, 37.06%, and 36.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 204.03 Bn | 198.05 Bn | 3.55 Bn | 40.51% |
| 2 | Eaton | 159.57 Bn | 158.92 Bn | 2.86 Bn | 33.47% |
| 3 | Vertiv Holdings | 107.98 Bn | 104.87 Bn | 1.23 Bn | 37.71% |
| 4 | TE Connectivity | 60.39 Bn | 59.30 Bn | 1.84 Bn | 35.56% |
| 5 | nVent Electric | 25.25 Bn | 25.00 Bn | 558.00 Mn | 37.93% |
| 6 | Hubbell | 24.33 Bn | 23.94 Bn | 613.00 Mn | 35.81% |
| 7 | Advanced Energy Industries | 11.24 Bn | 9.82 Bn | 236.10 Mn | 41.13% |
| 8 | Aptiv | 9.99 Bn | 9.23 Bn | 775.00 Mn | 23.67% |
| 9 | Valmont Industries | 9.29 Bn | 9.16 Bn | 340.82 Mn | 30.47% |
| 10 | Belden | 4.78 Bn | 4.43 Bn | 293.62 Mn | 39.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 39.14% |
| Mar 29, 2026 | 37.06% |
| Dec 31, 2025 | 36.60% |
| Sep 28, 2025 | 37.70% |
| Jun 29, 2025 | 38.48% |
| Mar 30, 2025 | 39.34% |
| Dec 31, 2024 | 37.51% |
| Sep 29, 2024 | 37.26% |
| Jun 30, 2024 | 37.53% |
| Mar 31, 2024 | 37.63% |
| Dec 31, 2023 | 37.44% |
| Oct 1, 2023 | 38.48% |
| Jul 2, 2023 | 37.75% |
| Apr 2, 2023 | 38.35% |
| Dec 31, 2022 | 37.40% |
| Oct 2, 2022 | 35.59% |
| Jul 3, 2022 | 33.35% |
| Apr 3, 2022 | 34.22% |
| Dec 31, 2021 | 33.98% |
| Oct 3, 2021 | 33.63% |