BELDEN INC.
BDC · Drawing & Insulating of Nonferrous Wire · 38.9M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $18M (gross $39M, SBC $21M)
Reference price $130.69 · est. market cap ~$5.1B — last insider sale, 2026-04-14 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B77Above-average global connectivity supplier with strong returns, double-digit growth, healthy margins and robust free cash flow.
Strengths
- ROE 18.8% (77th pct), ROA 6.7% (83rd pct), operating margin 11.6% (74th pct)
- Revenue +10.3% and net income +19.7% with $218.7M FCF (75th pct) and active buybacks
Risks
- Debt-to-equity 1.02 (78th pct) and copper/commodity exposure
- Cyclical enterprise/industrial demand and integration risk from acquisitions
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
38.0%
Operating margin
11.6%
Net margin
8.7%
Return on equity
18.8%
Return on assets
6.7%
ROIC
9.8%
Revenue growth (QoQ)
-3.3%
Net-income growth
19.7%
Debt / equity
1.0×
Net debt / EBITDA
2.0×
Current ratio
1.9×
Free cash flow
$219M
EBITDA
$445M
Tangible book value
-$172M
Cash & investments
$390M
Stock comp / revenue
1.1%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-21 | KLEIN JONATHAN C | Grant | 1.5K | — |
| 2026-05-21 | Brown Judy L | Grant | 1.5K | — |
| 2026-05-21 | Brink Diane D | Grant | 1.5K | — |
| 2026-05-21 | BALK LANCE C | Grant | 1.5K | — |
| 2026-05-21 | AL-SALEH ADEL | Grant | 1.5K | — |
| 2026-05-21 | ALDRICH DAVID J | Grant | 2.1K | — |
| 2026-05-21 | Calderon Nancy E. | Grant | 1.5K | — |
| 2026-05-21 | McCray Gregory James | Grant | 1.5K | — |
| 2026-05-21 | Lee Vivie | Grant | 1.5K | — |
| 2026-04-14 | Lieser Brian | Sell | 2.7K | $130.69 |
| 2026-03-11 | Chand Ashish | Tax withheld | 6.1K | — |
| 2026-03-11 | Bhadra Hiran | Grant | 2.5K | — |
| 2026-03-11 | Bhadra Hiran | Tax withheld | 777 | — |
| 2026-03-11 | Anderson Brian Edward | Tax withheld | 1.2K | — |
| 2026-03-11 | Anderson Brian Edward | Grant | 3.2K | — |
| 2026-03-11 | Zink Doug | Grant | 612 | — |
| 2026-03-11 | Zink Doug | Tax withheld | 120 | — |
| 2026-03-11 | Tate Leah | Grant | 2.8K | — |
| 2026-03-11 | Tate Leah | Tax withheld | 1.0K | — |
| 2026-03-11 | Parks Jeremy E | Grant | 3.5K | — |
| 2026-03-11 | Parks Jeremy E | Tax withheld | 2.1K | — |
| 2026-03-11 | Lieser Brian | Grant | 2.2K | — |
| 2026-03-11 | Lieser Brian | Tax withheld | 1.0K | — |
| 2026-03-11 | Chand Ashish | Grant | 11K | — |
| 2026-03-02 | Anderson Brian Edward | Tax withheld | 415 | — |
| 2026-03-02 | Zink Doug | Tax withheld | 45 | — |
| 2026-03-02 | Zink Doug | Grant | 778 | — |
| 2026-03-02 | Tate Leah | Tax withheld | 335 | — |
| 2026-03-02 | Tate Leah | Grant | 2.4K | — |
| 2026-03-02 | Parks Jeremy E | Tax withheld | 784 | — |
| 2026-03-02 | Parks Jeremy E | Grant | 3.3K | — |
| 2026-03-02 | Lieser Brian | Tax withheld | 449 | — |
| 2026-03-02 | Lieser Brian | Grant | 2.8K | — |
| 2026-03-02 | Chand Ashish | Tax withheld | 3.0K | — |
| 2026-03-02 | Chand Ashish | Grant | 14K | — |
| 2026-03-02 | Bhadra Hiran | Tax withheld | 352 | — |
| 2026-03-02 | Bhadra Hiran | Grant | 2.7K | — |
| 2026-03-02 | Anderson Brian Edward | Grant | 2.8K | — |
| 2026-02-25 | Anderson Brian Edward | Tax withheld | 613 | — |
| 2026-02-25 | Zink Doug | Grant | 593 | — |
| 2026-02-25 | Tate Leah | Grant | 3.4K | — |
| 2026-02-25 | Lieser Brian | Grant | 3.6K | — |
| 2026-02-25 | Dineley Bradley Douglas | Grant | 2.9K | — |
| 2026-02-25 | Chand Ashish | Grant | 25K | — |
| 2026-02-25 | Bhadra Hiran | Grant | 3.7K | — |
| 2026-02-25 | Anderson Brian Edward | Grant | 3.9K | — |
| 2026-02-25 | Zink Doug | Tax withheld | 67 | — |
| 2026-02-25 | Tate Leah | Tax withheld | 425 | — |
| 2026-02-25 | Parks Jeremy E | Tax withheld | 1.1K | — |
| 2026-02-25 | Lieser Brian | Tax withheld | 587 | — |
| 2026-02-25 | Chand Ashish | Tax withheld | 4.0K | — |
| 2026-02-25 | Bhadra Hiran | Tax withheld | 427 | — |
| 2026-02-25 | Parks Jeremy E | Grant | 6.3K | — |
| 2026-02-18 | BALK LANCE C | Other | 12K | — |
| 2026-02-18 | BALK LANCE C | Other | 12K | — |
| 2026-02-17 | BALK LANCE C | Other | 14K | — |
| 2026-02-17 | BALK LANCE C | Other | 19K | — |
| 2026-02-17 | BALK LANCE C | Other | 14K | — |
| 2026-02-17 | BALK LANCE C | Other | 19K | — |
| 2026-02-06 | Zink Doug | Sell | 1.5K | $133.96 |
| 2026-02-05 | Zink Doug | Sell | 485 | $126.00 |
| 2026-02-05 | Zink Doug | Option exercise | 1.6K | $51.14 |
| 2026-02-05 | Zink Doug | Disposition | 927 | $129.36 |
| 2026-02-05 | Zink Doug | Option exercise | 1.7K | $45.11 |
| 2026-02-05 | Zink Doug | Disposition | 934 | $129.36 |
| 2026-02-04 | Zink Doug | Disposition | 1.2K | $128.57 |
| 2026-02-04 | Zink Doug | Option exercise | 1.7K | $72.73 |
| 2026-02-04 | Tate Leah | Sell | 3.0K | $130.00 |
| 2026-01-12 | Lieser Brian | Other | 24 | $99.58 |
| 2025-12-11 | KLEIN JONATHAN C | Sell | 3.0K | $124.19 |
| 2025-12-09 | Zink Doug | Sell | 4.0K | $125.00 |
| 2025-12-05 | Lieser Brian | Sell | 1.3K | $120.00 |
| 2025-12-05 | Bhadra Hiran | Sell | 1.6K | $120.00 |
| 2025-12-04 | Lieser Brian | Disposition | 1.8K | $120.69 |
| 2025-12-04 | Lieser Brian | Disposition | 961 | $120.69 |
| 2025-12-04 | Lieser Brian | Option exercise | 1.2K | $72.73 |
| 2025-12-04 | Lieser Brian | Disposition | 961 | $120.69 |
| 2025-12-04 | Lieser Brian | Option exercise | 2.5K | $53.79 |
| 2025-12-04 | Bhadra Hiran | Option exercise | 4.8K | $54.89 |
| 2025-12-04 | Bhadra Hiran | Disposition | 3.2K | $120.69 |
| 2025-12-04 | Lieser Brian | Option exercise | 1.2K | $74.91 |
| 2025-12-03 | Tate Leah | Sell | 2.6K | $120.00 |
| 2025-12-02 | Lieser Brian | Sell | 1.7K | $114.13 |
| 2025-11-19 | AL-SALEH ADEL | Grant | 2.5K | — |
| 2025-09-09 | Anderson Brian Edward | Gift | 40 | — |
| 2025-09-04 | Lieser Brian | Sell | 3.8K | $127.28 |
| 2025-09-03 | Lieser Brian | Disposition | 3.2K | $126.84 |
| 2025-09-03 | Lieser Brian | Disposition | 6.4K | $126.84 |
| 2025-09-03 | Lieser Brian | Sell | 297 | $126.11 |
| 2025-09-02 | Lieser Brian | Option exercise | 1.1K | $61.79 |
| 2025-09-02 | Lieser Brian | Disposition | 769 | $127.11 |
| 2025-08-20 | Chand Ashish | Disposition | 24K | $124.53 |
| 2025-08-20 | Chand Ashish | Disposition | 12K | $124.53 |
| 2025-07-17 | Anderson Brian Edward | Sell | 7.2K | $130.51 |
| 2025-07-17 | Anderson Brian Edward | Option exercise | 6.9K | $74.91 |
| 2025-07-17 | Anderson Brian Edward | Disposition | 5.3K | $128.58 |
| 2025-07-11 | Anderson Brian Edward | Option exercise | 7.3K | $72.73 |
| 2025-07-11 | Anderson Brian Edward | Disposition | 5.6K | $123.05 |
| 2025-07-10 | Zink Doug | Other | 219 | $96.62 |
| 2025-07-10 | Tate Leah | Other | 219 | $96.62 |
| 2025-07-10 | Lieser Brian | Other | 70 | $96.62 |
| 2025-07-10 | Chand Ashish | Other | 219 | $96.62 |
| 2025-07-10 | Bhadra Hiran | Other | 219 | $96.62 |
| 2025-07-10 | Anderson Brian Edward | Other | 219 | $96.62 |
| 2025-07-01 | Lieser Brian | Grant | 6.7K | — |
| 2025-06-25 | Lieser Brian | Sell | 296 | $114.32 |
| 2025-06-24 | Lieser Brian | Option exercise | 1.2K | $61.79 |
| 2025-06-24 | Lieser Brian | Disposition | 904 | $113.51 |
| 2025-05-22 | Lee Vivie | Grant | 1.4K | — |
| 2025-05-22 | KLEIN JONATHAN C | Grant | 1.4K | — |
| 2025-05-22 | Calderon Nancy E. | Grant | 1.4K | — |
| 2025-05-22 | Brink Diane D | Grant | 1.4K | — |
| 2025-05-22 | BALK LANCE C | Grant | 1.4K | — |
| 2025-05-22 | ALDRICH DAVID J | Grant | 2.0K | — |
| 2025-05-22 | Brown Judy L | Grant | 1.4K | — |
| 2025-05-22 | McCray Gregory James | Grant | 1.4K | — |
| 2025-05-14 | Lieser Brian | Sell | 297 | $113.64 |
| 2025-05-14 | Tate Leah | Sell | 231 | $113.64 |
| 2025-05-13 | Lieser Brian | Disposition | 903 | $113.85 |
| 2025-05-13 | Lieser Brian | Option exercise | 1.2K | $61.79 |
| 2025-05-13 | Tate Leah | Option exercise | 1.7K | $85.77 |
| 2025-05-13 | Tate Leah | Disposition | 1.4K | $113.85 |
| 2025-03-28 | Bhadra Hiran | Grant | 5.5K | — |
| 2025-03-17 | Lieser Brian | Sell | 771 | $101.15 |
| 2025-03-14 | Bhadra Hiran | Tax withheld | 804 | — |
| 2025-03-07 | Lieser Brian | Sell | 3.3K | $104.16 |
| 2025-03-06 | McCray Gregory James | Sell | 4.2K | $105.21 |
| 2025-03-04 | Lieser Brian | Sell | 2.1K | $104.64 |
| 2025-02-26 | Tate Leah | Grant | 3.1K | — |
| 2025-02-26 | Zink Doug | Grant | 1.4K | — |
| 2025-02-26 | Zink Doug | Grant | 616 | — |
| 2025-02-26 | Wirts Jay V | Grant | 4.8K | — |
| 2025-02-26 | Wirts Jay V | Grant | 3.1K | — |
| 2025-02-26 | Tate Leah | Grant | 4.5K | — |
| 2025-02-26 | Parks Jeremy E | Grant | 6.2K | — |
| 2025-02-26 | Parks Jeremy E | Grant | 5.6K | — |
| 2025-02-26 | Lieser Brian | Sell | 532 | $110.06 |
| 2025-02-26 | Lieser Brian | Grant | 5.4K | — |
| 2025-02-26 | Lieser Brian | Grant | 3.6K | — |
| 2025-02-26 | Chand Ashish | Grant | 27K | — |
| 2025-02-26 | Chand Ashish | Grant | 22K | — |
| 2025-02-26 | Bhadra Hiran | Grant | 3.6K | — |
| 2025-02-26 | Anderson Brian Edward | Grant | 5.3K | — |
| 2025-02-26 | Anderson Brian Edward | Grant | 3.8K | — |
| 2025-02-25 | Chand Ashish | Option exercise | 1.1K | $89.23 |
| 2025-02-25 | Chand Ashish | Disposition | 1.0K | $110.61 |
| 2025-02-25 | Chand Ashish | Option exercise | 1.5K | $74.91 |
| 2025-02-25 | Chand Ashish | Disposition | 1.3K | $110.61 |
| 2025-02-25 | Chand Ashish | Option exercise | 2.3K | $72.73 |
| 2025-02-25 | Chand Ashish | Disposition | 1.9K | $110.61 |
| 2025-02-25 | Chand Ashish | Option exercise | 4.4K | $45.11 |
| 2025-02-25 | Chand Ashish | Disposition | 3.2K | $110.61 |
| 2025-02-25 | Chand Ashish | Option exercise | 7.7K | $53.79 |
| 2025-02-25 | Chand Ashish | Disposition | 5.8K | $110.61 |
| 2025-02-25 | KLEIN JONATHAN C | Sell | 2.1K | $110.00 |
| 2025-02-25 | Tate Leah | Sell | 164 | $111.76 |
| 2025-02-25 | Lieser Brian | Sell | 551 | $111.76 |
| 2025-02-24 | Tate Leah | Tax withheld | 241 | — |
| 2025-02-24 | Tate Leah | Disposition | 277 | $111.09 |
| 2025-02-24 | Lieser Brian | Tax withheld | 517 | — |
| 2025-02-24 | Chand Ashish | Tax withheld | 2.5K | — |
| 2025-02-24 | Chand Ashish | Sell | 15K | $111.45 |
| 2025-02-24 | Zink Doug | Tax withheld | 181 | — |
| 2025-02-24 | Wirts Jay V | Tax withheld | 381 | — |
| 2025-02-24 | Parks Jeremy E | Tax withheld | 2.0K | — |
| 2025-02-24 | Anderson Brian Edward | Tax withheld | 1.1K | — |
| 2025-02-24 | Tate Leah | Option exercise | 441 | $53.79 |
| 2025-02-21 | Zink Doug | Tax withheld | 79 | — |
| 2025-02-21 | Wirts Jay V | Tax withheld | 608 | — |
| 2025-02-21 | Parks Jeremy E | Tax withheld | 1.1K | — |
| 2025-02-21 | Bhadra Hiran | Tax withheld | 284 | — |
| 2025-02-21 | Lieser Brian | Tax withheld | 546 | — |
| 2025-02-21 | Anderson Brian Edward | Tax withheld | 618 | — |
| 2025-02-21 | Chand Ashish | Tax withheld | 3.9K | — |
| 2025-02-21 | Tate Leah | Tax withheld | 435 | — |
| 2025-02-07 | Tate Leah | Sell | 2.4K | $114.77 |
| 2025-01-10 | Lieser Brian | Other | 29 | $79.05 |
| 2025-01-10 | Anderson Brian Edward | Other | 173 | $79.05 |
| 2025-01-09 | Parks Jeremy E | Other | 500 | — |
| 2025-01-09 | Parks Jeremy E | Other | 5.6K | — |
| 2025-01-07 | Wirts Jay V | Tax withheld | 139 | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-26 | Shareholder vote | filing ↗ |
| 2026-04-30 | Material agreementOtherExhibits | filing ↗ |
| 2026-04-30 | ResultsExhibits | filing ↗ |
| 2026-02-12 | ResultsExhibits | filing ↗ |
| 2026-01-28 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-01-13 | OtherExhibits | filing ↗ |
| 2026-01-06 | Exec/director change | filing ↗ |
| 2025-11-19 | Exec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-26 | 2026-05-21 | 0000913142-26-000025 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0000913142-26-000021 ↗ |
| 10-Q | 2026-04-30 | 2026-03-29 | 0000913142-26-000023 ↗ |
| 8-K | 2026-04-30 | 2026-04-29 | 0000913142-26-000020 ↗ |
| 10-K | 2026-02-17 | 2025-12-31 | 0000913142-26-000009 ↗ |
| 8-K | 2026-02-12 | 2026-02-12 | 0000913142-26-000005 ↗ |
| 8-K | 2026-01-28 | 2026-01-28 | 0001193125-26-027195 ↗ |
| 8-K | 2026-01-13 | 2026-01-12 | 0001193125-26-011887 ↗ |
| 8-K | 2026-01-06 | 2026-01-05 | 0000913142-26-000003 ↗ |
| 8-K | 2025-11-19 | 2025-11-19 | 0000913142-25-000036 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0000913142-25-000031 ↗ |
| 10-Q | 2025-10-30 | 2025-09-28 | 0000913142-25-000033 ↗ |