Belden (BDC) Tax Rate (2009 - 2026)
Belden's Tax Rate was 19.60% in Q2 2026, up 11.05 percentage points from 8.55% a year earlier and up 0.89 percentage points from the prior quarter.
Belden (BDC) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Belden's Tax Rate was 14.68% through Jun 28, 2026, up 4.34 percentage points year-over-year; for FY2025, it came in at 11.00%, down 1.96 percentage points from FY2024.
- Tax Rate has now declined for three consecutive years, with a five-year change of -11.13 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 12.95% in FY2024 (-2.16 pp), 15.12% in FY2023 (-0.52 pp), 15.64% in FY2022 (+3.32 pp) and 12.32% in FY2021 (-9.81 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q1 2021.
- Compared with a year earlier, Tax Rate has increased for three straight quarters, with an average year-over-year change of +1.29 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q3 2021 (a gain of 15.25 percentage points); the worst was Q4 2021 (a drop of 32.63 percentage points).
- Per Business Quant data, BDC's Tax Rate in the three quarters before Q2 2026 was 18.71% (Q1 2026), 8.05% (Q4 2025) and 11.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 24.54% |
| 10 | Belden | 4.29 Bn | 2.96 Bn | 293.62 Mn | 19.60% |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 19.60% |
| Mar 29, 2026 | 18.71% |
| Dec 31, 2025 | 8.05% |
| Sep 28, 2025 | 11.83% |
| Jun 29, 2025 | 8.55% |
| Mar 30, 2025 | 16.34% |
| Sep 29, 2024 | 17.13% |
| Jun 30, 2024 | 18.46% |
| Mar 31, 2024 | 18.39% |
| Oct 1, 2023 | 17.09% |
| Jul 2, 2023 | 18.60% |
| Apr 2, 2023 | 19.15% |
| Dec 31, 2022 | 14.77% |
| Oct 2, 2022 | 13.44% |
| Jul 3, 2022 | 18.26% |
| Apr 3, 2022 | 18.22% |
| Dec 31, 2021 | 1.84% |
| Oct 3, 2021 | 18.23% |
| Jul 4, 2021 | 17.48% |
| Apr 4, 2021 | 19.66% |
Belden Tax Rate 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=tax-rate&ticker=BDC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=BDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();