Belden (BDC) Tax Rate (2009 - 2026)
Belden (BDC) reported Tax Rate of 18.64% for Q1 2026, up 237.0% on a YoY basis from 5.53% in Q1 2025, and up 130.53% quarter-over-quarter from 8.09% in Q4 2025.
Belden (BDC) Tax Rate (2009 - 2026) Analysis & Trends
Belden has reported Tax Rate for 18 years, with the latest figure at 18.64% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 237.0% year-over-year to 18.64%; the trailing twelve-month figure through Mar 2026 stood at 11.56% (down 125.0% YoY), and the FY2025 full-year result was 11.0%, down 196.0% from the prior year.
- Tax Rate for Q1 2026 stood at 18.64%, up from 8.09% in the prior quarter.
- The five-year high for Tax Rate was 19.15% in Q2 2023, with the low at 6.02% in Q4 2023.
- Historically, Tax Rate has averaged 13.46% across 5 years, with a median of 17.03% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate surged 1296 bps — and 2023, when it plunged 2081 bps.
- Belden's Tax Rate stood at 14.79% in 2022, then tumbled by 141 bps to 6.02% in 2023, then jumped by 72 bps to 1.69% in 2024, then surged by 577 bps to 8.09% in 2025, then jumped by 131 bps to 18.64% in 2026.
- The last three Tax Rate figures came in at 18.64% (Q1 2026), 8.09% (Q4 2025), and 11.83% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 16.49% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 17.02% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 16.55% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | -4.39% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 21.55% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 19.38% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -0.47% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -7.93% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 19.16% |
| 10 | Belden | 4.12 Bn | 3.85 Bn | 258.09 Mn | 18.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 18.64% |
| Mar 29, 2026 | 18.64% |
| Dec 31, 2025 | 8.09% |
| Dec 31, 2025 | 8.09% |
| Sep 28, 2025 | 11.83% |
| Sep 28, 2025 | 11.83% |
| Jun 29, 2025 | 8.50% |
| Jun 29, 2025 | 8.50% |
| Mar 30, 2025 | 16.27% |
| Mar 30, 2025 | 16.27% |
| Dec 31, 2024 | -1.69% |
| Dec 31, 2024 | -1.69% |
| Sep 29, 2024 | 17.12% |
| Sep 29, 2024 | 17.12% |
| Jun 30, 2024 | 18.46% |
| Jun 30, 2024 | 18.46% |
| Mar 31, 2024 | 18.31% |
| Mar 31, 2024 | 18.31% |
| Dec 31, 2023 | -6.02% |
| Dec 31, 2023 | -6.02% |