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Belden (Belden) Gross Margin % : 37.44% (As of Dec. 2023)


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What is Belden Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Belden's Gross Profit for the three months ended in Dec. 2023 was $206 Mil. Belden's Revenue for the three months ended in Dec. 2023 was $551 Mil. Therefore, Belden's Gross Margin % for the quarter that ended in Dec. 2023 was 37.44%.


The historical rank and industry rank for Belden's Gross Margin % or its related term are showing as below:

BDC' s Gross Margin % Range Over the Past 10 Years
Min: 32.85   Med: 37.62   Max: 41.64
Current: 38.02


During the past 13 years, the highest Gross Margin % of Belden was 41.64%. The lowest was 32.85%. And the median was 37.62%.

BDC's Gross Margin % is ranked better than
74.64% of 2437 companies
in the Hardware industry
Industry Median: 24.5 vs BDC: 38.02

Belden had a gross margin of 37.44% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Belden was -0.60% per year.


Belden Gross Margin % Historical Data

The historical data trend for Belden's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Belden Gross Margin % Chart

Belden Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.23 32.85 33.54 35.15 38.01

Belden Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.40 38.35 37.75 38.48 37.44

Competitive Comparison of Belden's Gross Margin %

For the Communication Equipment subindustry, Belden's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Belden's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Belden's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Belden's Gross Margin % falls into.



Belden Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Belden's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=955 / 2512.084
=(Revenue - Cost of Goods Sold) / Revenue
=(2512.084 - 1557.118) / 2512.084
=38.01 %

Belden's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=206.4 / 551.243
=(Revenue - Cost of Goods Sold) / Revenue
=(551.243 - 344.878) / 551.243
=37.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Belden  (NYSE:BDC) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Belden had a gross margin of 37.44% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Belden Gross Margin % Related Terms

Thank you for viewing the detailed overview of Belden's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Belden (Belden) Business Description

Traded in Other Exchanges
Address
1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment is a provider in network infrastructure solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. The Industrial Solutions segment is a provider of high-performance networking components and machine connectivity products.
Executives
Leah Tate officer: SVP - HR C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Ashish Chand officer: EVP, Industrial Automation C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Jay V Wirts officer: EVP, Enterprise Solutions C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Doug Zink officer: VP and CAO 739 TRAGO CREEK DRIVE, BALLWIN MO 63021
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
Jonathan C Klein director 2 CERF LANE, PO BOX 1032, MT. KISCO NY 10549
Nancy E. Calderon director 1285 WAKEFIELD TRAIL, RENO NV 89523
Brian Lieser officer: EVP, Indust. Automation Solut. C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Anshuman Mehrotra officer: SVP, Sales C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Roel Vestjens officer: SVP, Broadcast Solutions C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Gregory James Mccray director 422 HANDEL COURT, WHEATON IL 60187
Jeremy E Parks officer: SVP - Finance and CFO C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
John S Stroup director, officer: Chief Executive Officer 1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105
Judy L Brown director C/O PERRIGO COMPANY, 515 EASTERN AVENUE, ALLEGAN MI 49010
Leo Kulmaczewski officer: SVP, Ops & Lean Enterprise C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105