Belden (BDC) Operating Margin (2009 - 2026)
Belden (BDC) reported Operating Margin of 13.23% for Q2 2026, up 1.44 percentage points from 11.79% a year earlier and up 2.04 percentage points from the prior quarter.
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Analysis
Belden (BDC) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 28, 2026, Belden's Operating Margin came in at 11.90%, up 0.58 percentage points year-over-year; for FY2025, it came in at 11.63%, up 0.80 percentage points from FY2024.
- Operating Margin has a five-year change of +3.06 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 10.83% in FY2024 (-1.81 pp), 12.64% in FY2023 (-1.30 pp), 13.94% in FY2022 (+2.48 pp) and 11.46% in FY2021 (+2.89 pp).
- The Q2 2026 figure ranks as the highest quarterly Operating Margin since Q3 2023.
- Year over year, Operating Margin gained in five of the last eight quarters, with an average year-over-year change of +0.38 percentage points.
- The high point for year-over-year Operating Margin in five years was Q3 2022 (a gain of 6.98 percentage points); the low point was Q4 2021 (a drop of 5.93 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.19% (Q1 2026), 12.16% (Q4 2025) and 10.93% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 20.91% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 29.51% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 16.32% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 23.86% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 19.48% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 26.92% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 15.14% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 26.67% |
| 10 | Belden | 4.29 Bn | 2.96 Bn | 293.62 Mn | 13.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 13.23% |
| Mar 29, 2026 | 11.19% |
| Dec 31, 2025 | 12.16% |
| Sep 28, 2025 | 10.93% |
| Jun 29, 2025 | 11.79% |
| Mar 30, 2025 | 11.62% |
| Dec 31, 2024 | 10.39% |
| Sep 29, 2024 | 11.50% |
| Jun 30, 2024 | 11.40% |
| Mar 31, 2024 | 9.90% |
| Dec 31, 2023 | 7.97% |
| Oct 1, 2023 | 15.22% |
| Jul 2, 2023 | 13.38% |
| Apr 2, 2023 | 13.33% |
| Dec 31, 2022 | 11.87% |
| Oct 2, 2022 | 19.34% |
| Jul 3, 2022 | 12.29% |
| Apr 3, 2022 | 12.05% |
| Dec 31, 2021 | 11.38% |
| Oct 3, 2021 | 12.36% |
API Access
Belden Operating 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=operating-margin&ticker=BDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=BDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();