Belden (BDC) Gross Margin (2009 - 2026)
Belden (BDC) reported Gross Margin of 39.14% for Q2 2026, up 0.66 percentage points from 38.48% a year earlier and up 2.08 percentage points from the prior quarter.
Belden (BDC) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 28, 2026, Belden's Gross Margin came in at 37.64%, down 0.49 percentage points year-over-year; for FY2025, it came in at 37.98%, up 0.50 percentage points from FY2024.
- Gross Margin has a five-year change of +5.13 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 37.47% in FY2024 (-0.54 pp), 38.01% in FY2023 (+2.86 pp), 35.15% in FY2022 (+1.61 pp) and 33.54% in FY2021 (+0.69 pp).
- The Q2 2026 figure ranks as the highest quarterly Gross Margin since Q1 2025.
- Year over year, Gross Margin gained in five of the last eight quarters, with an average year-over-year change of -0.07 percentage points.
- The high point for year-over-year Gross Margin in five years was Q4 2021 (a gain of 11.40 percentage points); the low point was Q1 2026 (a drop of 2.28 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 37.06% (Q1 2026), 36.60% (Q4 2025) and 37.70% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 44.13% |
| 10 | Belden | 4.29 Bn | 2.96 Bn | 293.62 Mn | 39.14% |
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% |
Belden Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BDC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();