BDC (Belden) Debt-to-Equity: 0.95 (As of Jun. 2026) — 14% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BDC Belden Inc BDC
87 GF Score
Price $122.46
GF Value $130.71
Valuation Fairly Valued
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What is Belden Debt-to-Equity?

Belden BDC -1.15% 87 Debt-to-Equity is 0.95 as of Jun. 2026, which is 14% below its 10-year median of 1.11. GuruFocus rates BDC with a GF Score™ of 87/100 and a GF Value™ of $130.71 (Fairly Valued). Among 2,228 Hardware companies, Belden ranks worse than 83.35% on this metric.

Belden's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0 Mil. Belden's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1,319 Mil. Belden's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $1,385 Mil. Belden's debt to equity for the quarter that ended in Jun. 2026 was 0.95.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Belden's Debt-to-Equity or its related term are showing as below:

BDC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.95   Med: 1.11   Max: 2.18
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Belden was 2.18. The lowest was 0.95. And the median was 1.11.

BDC's Debt-to-Equity is ranked worse than
83.35% of 2228 companies
in the Hardware industry
Industry Median: 0.27 vs BDC: 0.95

Belden  (NYSE:BDC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Belden Debt-to-Equity Related Terms


Belden Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Belden's Debt-to-Equity 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.

Belden Debt-to-Equity Chart

Belden Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.08 1.11 0.97 1.11

Belden Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity 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 1.11 1.11 1.11 1.05 0.95

BDC vs EXTR, ONDS, VISN: Debt-to-Equity Comparison

For the Communication Equipment subindustry, Belden's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Belden's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Belden's Debt-to-Equity falls into.


BDC
87GF Score
Belden Inc BDC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Belden Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Belden's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Belden's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.95 mean?
Belden (BDC) has a Debt-to-Equity of 0.95 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Belden and its competitors. This is 14% below median its historical median of 1.11. Over the past decade, Belden's Debt-to-Equity has ranged from 0.95 to 2.18. According to the industry distribution chart, Belden ranks #1857 out of 2228 companies in the Hardware industry, placing it in the top 83.3%.
Is Belden's Debt-to-Equity too high?
Belden's current Debt-to-Equity of 0.95 is 14% below median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 2.18. The Hardware industry median Debt-to-Equity is 0.27. Belden's value of 0.95 is 251.9% above this industry median. Based on the distribution chart, Belden ranks #1857 out of 2228 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Belden has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Belden's Debt-to-Equity compare to EXTR and ONDS?
According to the Hardware industry distribution chart, Belden ranks #1857 out of 2228 companies for Debt-to-Equity. This places Belden in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Belden's value of 0.95 is 251.9% above this benchmark. Historically, Belden's own Debt-to-Equity has ranged from 0.95 to 2.18 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 0.27, Belden has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,228 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Belden's current Debt-to-Equity of 0.95 is 251.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Belden and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belden's current Debt-to-Equity is 0.95, which is 14% below median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belden stock overvalued right now?
Based on GuruFocus' analysis, Belden (BDC) is currently considered Fairly Valued. The stock's GF Value™ is $130.71, compared to a current price of $122.46 — trading 6.3% below its estimated fair value. The current Debt-to-Equity is 0.95, which is 14% below median its 10-year median of 1.11 and 251.9% above the Hardware industry median of 0.27. Belden's overall GF Score™ is 87/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Belden (BDC), the current Debt-to-Equity is 0.95 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Belden (BDC) Overvalued in 2026?

Based on GuruFocus' analysis, Belden stock appears to be undervalued. The current stock price of $122.46 is trading 6.3% below its estimated GF Value™ of $130.71. GuruFocus considers Belden to be Fairly Valued.

Key valuation signals for BDC:

  • Debt-to-Equity: 0.95 (14% below median its 10-year median of 1.11)
  • GF Value™: $130.71 vs. price of $122.46 (6.3% below fair value)
  • GF Score™: 87/100
  • Industry Position: 251.9% above the Hardware median (#1857 of 2228)

No single metric tells the full story. See the BDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Belden Business Description

Other Exchanges QCTA:Germany
Address 1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
Belden Inc is a supplier of complete connection solutions. It has two segments, Smart Infrastructure Solutions and Automation Solutions. Smart Infrastructure Solutions provides network infrastructure and broadband solutions, serving markets such as data centers, government, healthcare, and broadband and wireless service providers, with products including copper and fiber cable and connectivity solutions. Automation Solutions provides digitization and automation solutions that enable IT OT convergence and support acquisition, transmission, orchestration, and management, serving markets including Warehousing and Logistics, Energy, Transportation, and Discrete Manufacturing. The company operates in the Americas, EMEA, and APAC, with maximum revenue coming from the Americas.
87GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$122.46
Price
$130.71
GF Value