Belden annual operating margin
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2025
Belden Operating Margin Growth & History (BDC)
Belden's operating margin was 11.63% for fiscal 2025.
View full Belden company overviewBelden annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 11.63% | +0.80 pp |
| 2024 | 2024-12-31 | 10.83% | −1.81 pp |
| 2023 | 2023-12-31 | 12.64% | −1.30 pp |
| 2022 | 2022-12-31 | 13.94% | +2.48 pp |
| 2021 | 2021-12-31 | 11.46% | +2.89 pp |
| 2020 | 2020-12-31 | 8.57% | −1.15 pp |
| 2019 | 2019-12-31 | 9.72% | −2.42 pp |
| 2018 | 2018-12-31 | 12.15% | +2.36 pp |
| 2017 | 2017-12-31 | 9.78% | −0.07 pp |
| 2016 | 2016-12-31 | 9.85% | +3.76 pp |
| 2015 | 2015-12-31 | 6.09% | −0.98 pp |
| 2014 | 2014-12-31 | 7.07% | −2.66 pp |
| 2013 | 2013-12-31 | 9.73% | +3.83 pp |
| 2012 | 2012-12-31 | 5.89% | −2.88 pp |
| 2011 | 2011-12-31 | 8.78% | +1.22 pp |
| 2010 | 2010-12-31 | 7.56% | +4.89 pp |
| 2009 | 2009-12-31 | 2.67% | +16.80 pp |
| 2008 | 2008-12-31 | −14.13% | — |
Belden quarterly operating margin
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Q1.25
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Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-28 | 13.23% | +1.44 pp |
| Q1 2026 | 2026-03-29 | 11.19% | −0.43 pp |
| Q4 2025 | 2025-12-31 | 12.16% | +1.77 pp |
| Q3 2025 | 2025-09-28 | 10.93% | −0.58 pp |
| Q2 2025 | 2025-06-29 | 11.79% | +0.39 pp |
| Q1 2025 | 2025-03-30 | 11.62% | +1.72 pp |
| Q4 2024 | 2024-12-31 | 10.39% | +2.41 pp |
| Q3 2024 | 2024-09-29 | 11.50% | −3.72 pp |
| Q2 2024 | 2024-06-30 | 11.40% | −1.97 pp |
| Q1 2024 | 2024-03-31 | 9.90% | −3.43 pp |
| Q4 2023 | 2023-12-31 | 7.97% | −3.90 pp |
| Q3 2023 | 2023-10-01 | 15.22% | −4.11 pp |
| Q2 2023 | 2023-07-02 | 13.38% | +1.08 pp |
| Q1 2023 | 2023-04-02 | 13.33% | +1.28 pp |
| Q4 2022 | 2022-12-31 | 11.87% | +0.49 pp |
| Q3 2022 | 2022-10-02 | 19.34% | +6.98 pp |
| Q2 2022 | 2022-07-03 | 12.29% | +0.42 pp |
| Q1 2022 | 2022-04-03 | 12.05% | +2.03 pp |
| Q4 2021 | 2021-12-31 | 11.38% | −5.93 pp |
| Q3 2021 | 2021-10-03 | 12.36% | +4.77 pp |
| Q2 2021 | 2021-07-04 | 11.87% | +7.84 pp |
| Q1 2021 | 2021-04-04 | 10.02% | +3.61 pp |
| Q4 2020 | 2020-12-31 | 17.31% | +9.41 pp |
| Q3 2020 | 2020-09-27 | 7.59% | −3.20 pp |
| Q2 2020 | 2020-06-28 | 4.03% | −6.69 pp |
| Q1 2020 | 2020-03-29 | 6.41% | −3.09 pp |
| Q4 2019 | 2019-12-31 | 7.90% | −2.98 pp |
| Q3 2019 | 2019-09-29 | 10.79% | −8.90 pp |
| Q2 2019 | 2019-06-30 | 10.72% | +0.44 pp |
| Q1 2019 | 2019-03-31 | 9.50% | +2.08 pp |
| Q4 2018 | 2018-12-31 | 10.87% | +0.97 pp |
| Q3 2018 | 2018-09-30 | 19.70% | +9.87 pp |
| Q2 2018 | 2018-07-01 | 10.28% | −0.00 pp |
| Q1 2018 | 2018-04-01 | 7.41% | −1.95 pp |
| Q4 2017 | 2017-12-31 | 9.91% | +0.33 pp |
| Q3 2017 | 2017-10-01 | 9.83% | −0.48 pp |
| Q2 2017 | 2017-07-02 | 10.28% | −0.06 pp |
| Q1 2017 | 2017-04-02 | 9.36% | +1.79 pp |
| Q4 2016 | 2016-12-31 | 9.58% | +0.03 pp |
| Q3 2016 | 2016-10-02 | 10.31% | +4.35 pp |
| Q2 2016 | 2016-07-03 | 10.35% | +2.81 pp |
| Q1 2016 | 2016-04-03 | 7.56% | +6.67 pp |
| Q4 2015 | 2015-12-31 | 9.55% | +2.44 pp |
| Q3 2015 | 2015-09-27 | 5.96% | −3.54 pp |
| Q2 2015 | 2015-06-28 | 7.54% | +5.48 pp |
| Q1 2015 | 2015-03-29 | 0.90% | −9.26 pp |
| Q4 2014 | 2014-12-31 | 7.11% | −2.54 pp |
| Q3 2014 | 2014-09-28 | 9.50% | −0.82 pp |
| Q2 2014 | 2014-06-29 | 2.05% | −8.13 pp |
| Q1 2014 | 2014-03-30 | 10.15% | +1.43 pp |
| Q4 2013 | 2013-12-31 | 9.65% | +3.03 pp |
| Q3 2013 | 2013-09-29 | 10.32% | +11.87 pp |
| Q2 2013 | 2013-06-30 | 10.18% | −1.39 pp |
| Q1 2013 | 2013-03-31 | 8.72% | +0.27 pp |
| Q4 2012 | 2012-12-31 | 6.62% | +0.15 pp |
| Q3 2012 | 2012-09-30 | −1.55% | −10.93 pp |
| Q2 2012 | 2012-07-01 | 11.57% | +1.12 pp |
| Q1 2012 | 2012-04-01 | 8.45% | −0.03 pp |
| Q4 2011 | 2011-12-31 | 6.47% | +2.54 pp |
| Q3 2011 | 2011-10-02 | 9.38% | −1.10 pp |
| Q2 2011 | 2011-07-03 | 10.45% | +0.80 pp |
| Q1 2011 | 2011-04-03 | 8.48% | +0.33 pp |
| Q4 2010 | 2010-12-31 | 3.93% | — |
| Q3 2010 | 2010-10-03 | 10.48% | +4.60 pp |
| Q2 2010 | 2010-07-04 | 9.65% | +8.20 pp |
| Q1 2010 | 2010-04-04 | 8.14% | — |
| Q3 2009 | 2009-09-27 | 5.87% | — |
| Q2 2009 | 2009-06-28 | 1.44% | — |
Belden operating margin trends
Over the last five fiscal years, Belden's operating margin increased from 8.57% to 11.63%, a change of +3.06 percentage points. The latest reported quarter, Q2 2026, shows 13.23%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Belden source filings ↗Community posts
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