BDC on NYSE

Belden Incorporated

American technology company

Belden Inc. is an American multinational company that designs, manufactures, and distributes networking, connectivity, cable, and security products. Headquartered in St. Louis, Missouri, the company is publicly traded on the New York Stock Exchange under the ticker symbol BDC and is a component of the S&P 400. Belden serves industrial automation, enterprise, smart-building, and broadband markets.3 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

1902Founded1

Compare with ASIA PACIFIC WIRE & CABLE CORP LTD, Corning Inc. or Optical Cable Corporation, or pick any stock.

  • TickerBDC on NYSE1
  • Industryelectronics1
  • HeadquartersSt. Louis1
  • Websitewww.belden.com
  • Legal formDelaware corporation1
  • Incorporated inDE5
  • Business address1 North Brentwood Blvd, 15Th Floor, St. Louis, Mo 631055
  • Filer categoryLarge accelerated filer5
  • LEI68BKYO1JC791TTJHUE824
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address251 LITTLE FALLS DRIVE, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 21610734

Belden Inc. is an American multinational company that designs, manufactures, and distributes networking, connectivity, cable, and security products. Headquartered in St. Louis, Missouri, the company is publicly traded on the New York Stock Exchange under the ticker symbol BDC and is a component of the S&P 400. Belden serves industrial automation, enterprise, smart-building, and broadband markets.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

38.0%Gross margin7
11.6%Operating margin7
8.7%Net margin7
10.3%Revenue growth, 20257
18.8%Return on equity7
1.02×Debt to equity7
$218.7MFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Automation Solutions brought in 55% of the revenue Belden Incorporated broke down this way in fiscal 2025.

  1. Automation Solutions$1.5B755%up 14% from 2024
  2. Broadband Solutions$633.5M723%up 6% from 2024
  3. Smart Buildings Solutions$585.9M722%up 7% from 2024
  4. Affiliated Revenue$1.2M70%up 28% from 2024
Products and services by year
Products and services202320242025
Automation Solutions$1.4B$1.3B$1.5B
Broadband Solutions$555.0M$598.2M$633.5M
Smart Buildings Solutions$567.8M$545.6M$585.9M
Affiliated Revenue$1.4M$943.0K$1.2M

Business segments

Automation Solutions brought in 55% of the revenue Belden Incorporated broke down this way in fiscal 2025.

  1. Automation Solutions$1.5B755%up 14% from 2024
  2. Smart Infrastructure Solutions$1.2B745%up 7% from 2024
Business segments by year
Business segments202320242025
Automation Solutions$1.4B$1.3B$1.5B
Smart Infrastructure Solutions$1.1B$1.1B$1.2B

Regions

United States brought in 44% of the revenue Belden Incorporated broke down this way in fiscal 2025.

  1. United States$1.6B744%up 13% from 2024
  2. Other Countries$708.5M720%up 1% from 2024
  3. EMEA$556.7M715%up 9% from 2024
  4. Asia Pacific$337.5M79%up 7% from 2024
  5. Canada$188.9M75%up 18% from 2024
  6. Germany$139.2M74%up 18% from 2024
  7. China$99.2M73%up 8% from 2024
Regions by year
Regions202320242025
United States$1.4B$1.4B$1.6B
Other Countries$720.9M$698.3M$708.5M
EMEA$566.3M$508.4M$556.7M
Asia Pacific$333.0M$316.7M$337.5M
Canada$169.1M$160.0M$188.9M
Germany$134.1M$118.3M$139.2M
China$104.7M$92.1M$99.2M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue62¢$1.7B
  • Research and development5¢$128.8M
  • Selling, general and admin20¢$533.4M
  • Other costs4¢$102.2M
  • Income tax1¢$29.3M
  • Profit9¢$237.5M

Out of $2.7B in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Capital spending38¢$136.2M
  • Dividends paid2¢$8.0M
  • Kept or used elsewhere59¢$210.7M

Out of $354.9M of cash from operations.7

Financial statements

Revenue8910117$2.7B in 2025+27% since 2019
0$1.0B$2.0B$3.0B2019: $2.1B$2.1B20192020: $1.8B$1.8B2020−18%2021: $2.3B$2.3B2021+31%2022: $2.6B$2.6B2022+13%2023: $2.5B$2.5B2023−4%2024: $2.5B$2.5B2024−2%2025: $2.7B$2.7B2025+10%
Gross profit8910117$1.0B in 2025+30% since 2019
0$500.0M$1.0B$1.5B2019: $793.5M$793.5M20192020: $575.6M$575.6M2020−27%2021: $771.8M$771.8M2021+34%2022: $916.3M$916.3M2022+19%2023: $955.0M$955.0M2023+4%2024: $922.2M$922.2M2024−3%2025: $1.0B$1.0B2025+12%
Operating income8910117$315.7M in 2025+52% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $207.2M$207.2M20192020: $150.1M$150.1M2020−28%2021: $263.7M$263.7M2021+76%2022: $363.3M$363.3M2022+38%2023: $317.5M$317.5M2023−13%2024: $266.5M$266.5M2024−16%2025: $315.7M$315.7M2025+18%
Net income8910117$237.5M in 2025
-$400.0M-$200.0M0$200.0M$400.0M2019: -$377.0M-$377.0M20192020: -$55.2M-$55.2M2020−85%2021: $63.9M$63.9M20212022: $254.7M$254.7M2022+298%2023: $242.8M$242.8M2023−5%2024: $198.4M$198.4M2024−18%2025: $237.5M$237.5M2025+20%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-31
Revenues$2.7B$2.5B$2.5B
Cost of sales-$1.7B-$1.5B-$1.6B
Gross profit$1.0B$922.2M$955.0M
Selling, general and administrative expenses-$533.4M-$494.6M-$492.7M
Research and development expenses-$128.8M-$112.4M-$116.4M
Amortization of intangibles-$53.4M-$48.8M-$40.4M
Gain on sale of assets$0$0$12.1M
Operating income$315.7M$266.5M$317.5M
Interest expense, net-$46.4M-$38.3M-$33.6M
Loss related to revolver refinancing-$76.0K$0$0
Non-operating pension benefit (cost)-$2.4M-$215.0K$1.9M
Income before taxes$266.9M$227.9M$285.8M
Income tax expense-$29.3M-$29.5M-$43.2M
Net income$237.5M$198.4M$242.6M
Less: Net loss attributable to noncontrolling interest$0-$19.0K-$203.0K
Net income attributable to Belden common stockholders$237.5M$198.4M$242.8M
Basic (in shares)39.6M shares40.7M shares42.2M shares
Diluted (in shares)40.2M shares41.3M shares42.9M shares
Basic income per share attributable to Belden common stockholders (in dollars per share)$6.00$4.88$5.75
Diluted income per share attributable to Belden common stockholders (in dollars per share)$5.91$4.80$5.66

Compare Belden Incorporated with another company

Corporate structure

Belden Incorporated sits at the top of its group. 7 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Belden Incorporated

  • Belden Incorporated St. Louis, Missouri, United States
    • PPC Broadband, Inc. Subsidiary · East Syracuse
    • Tripwire Subsidiary · Wilmington, Delaware, United States
    • Belden (Germany) Subsidiary · Germany
    • BELDEN INDIA PRIVATE LIMITED Subsidiary · Gurugram, India
    • PPC TECHNOLOGIES INDIA PRIVATE LIMITED Subsidiary · Ernakulam, India

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Belden Incorporated reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.2B7 Dec 31, 2025$1.2B7 Dec 31, 2024+7.9%
Accumulated depreciation$683.5M7 Dec 31, 2025$662.0M7 Dec 31, 2024+3.2%
Property and equipment, net$566.0M7 Dec 31, 2025$495.6M7 Dec 31, 2024+14.2%
Finance-lease assets$9.6M7 Dec 31, 2025$9.9M7 Dec 31, 2024−3.9%
Operating-lease assets (leased space)$113.0M7 Dec 31, 2025$118.6M7 Dec 31, 2024−4.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$389.9M7 Dec 31, 2025$370.3M7 Dec 31, 2024+5.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.0B7 Dec 31, 2025$1.0B7 Dec 31, 2024+1.8%
Intangible assets, net (excluding goodwill)$399.8M7 Dec 31, 2025$419.1M7 Dec 31, 2024−4.6%
Indefinite-lived intangibles (excluding goodwill)$011 Dec 31, 2024$27.0M11 Dec 31, 2023−100.0%
Finite-lived intangibles, gross$952.4M7 Dec 31, 2025$892.8M7 Dec 31, 2024+6.7%
Accumulated amortization$552.6M7 Dec 31, 2025$473.8M7 Dec 31, 2024+16.6%
Finite-lived intangibles, net$399.8M7 Dec 31, 2025$419.1M7 Dec 31, 2024−4.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$402.3M7 Dec 31, 2025$343.1M7 Dec 31, 2024+17.3%
Raw materials$238.4M7 Dec 31, 2025$187.5M7 Dec 31, 2024+27.1%
Work in process$46.7M7 Dec 31, 2025$40.4M7 Dec 31, 2024+15.5%
Finished goods$191.3M7 Dec 31, 2025$186.2M7 Dec 31, 2024+2.7%

Properties, in its own words

Belden owns and leases manufacturing, warehousing, sales, and administrative space in locations around the world. We also have a corporate office that we lease in St. Louis, Missouri. The leases are of varying terms, expiring from 2026 through 2039. The table below summarizes the geographic locations of our manufacturing and other operating facilities utilized by our segments as of December 31, 2025.

Smart InfrastructureSolutions · AutomationSolutions · BothSegments · Total

The rest of Item 2

Belgium · — · 1 · — · 1

Canada · — · 1 · — · 1

China · — · — · 1 · 1

Czech Republic · — · 1 · — · 1

Denmark · 2 · — · — · 2

Germany · 1 · 1 · — · 2

Hungary · — · — · 1 · 1

India · 1 · — · 1 · 2

Italy · — · — · 1 · 1

Mexico · — · — · 3 · 3

Netherlands · — · — · 1 · 1

Poland · 1 · — · — · 1

Tunisia · 1 · — · — · 1

United Kingdom · 1 · — · — · 1

United States · 6 · 2 · 2 · 10

Total · 13 · 6 · 10 · 29

In addition to the manufacturing and other operating facilities summarized above, our business operations also utilize approximately 5 warehouses worldwide. As of December 31, 2025, we owned or leased a total of approximately 6 million square feet of facility space worldwide. We believe that our production facilities are suitable for their present and intended purposes and adequate for our current level of operations.

Item 2 of the 10-K filed Feb 17, 2026.15

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founding and early years

Belden was founded in Chicago, Illinois, in 1902 by Joseph C. Belden as the Belden Manufacturing Company. A former purchasing agent for the Kellogg Switchboard & Supply Company, Belden started the company to produce the high-quality silk-wrapped magnet wire used in telephone switchboard coils. In 1910 the company introduced an enamel wire insulation marketed as "Beldenamel," which became an industry standard. Over the following decades Belden expanded into electrical wiring, cable, and signal-transmission products used in radio broadcasting, television, industrial automation, and computer networking.

Cooper Industries and 1993 spin-off

In 1980 Belden was acquired by the Crouse-Hinds Company, which was itself acquired by Cooper Industries in 1981, making Belden a division of Cooper Industries. In 1993 Belden was spun off as an independent, publicly traded company listed on the New York Stock Exchange, with corporate headquarters in St. Louis, Missouri.

Merger with Cable Design Technologies

In 2004 Belden merged with the Cable Design Technologies Corporation (CDT) to form Belden CDT Inc., which later resumed the name Belden Inc. In 2005, John Stroup was appointed president and chief executive officer. Under Stroup, Belden pursued a series of acquisitions in industrial networking, broadband, cybersecurity, and connectivity, expanding beyond its traditional wire-and-cable business.

Acquisitions during this period included Hirschmann and Lumberg Automation (2007), Telecast Fiber Systems (2009), GarrettCom (2010), Byres Security and Poliron (2011), Miranda Technologies and PPC (2012), and OTN Systems (2021).

Recent developments

In February 2023, Belden appointed Ashish Chand as president and chief executive officer. In April 2023, as part of a community program, Belden donated $100,000 to the Richmond Fire Department in Richmond, Indiana, to fund firefighting equipment upgrades.

For the 2024 fiscal year, Belden reported revenues of approximately $2.46 billion and net income of $198.4 million. The company reported record revenues of about $2.72 billion for the 2025 fiscal year.

On July 1, 2026, Belden completed its acquisition of RUCKUS Networks from Vistance Networks in a cash transaction valued at approximately $1.87 billion, net of cash acquired. The deal, funded in part by a $1.85 billion senior secured term loan, added enterprise Wi-Fi, Ethernet switching, and AI-driven network-management platforms to Belden's portfolio, which the company said strengthened its position as a provider of end-to-end information technology (IT) and operational technology (OT) networking solutions.

From Wikipedia’s article on Belden Incorporated, shared under CC BY-SA 4.0.6

Leadership

Who has led Belden Incorporated, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (55)

Products and brands

  • coaxial

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

Also owns

From Wikidata.1

Acquisitions

  1. 2012Acquired PPC Broadband, Inc.1

Former names

  • BELDEN CDT INC.Jul 19, 2004 to May 23, 20075
  • CABLE DESIGN TECHNOLOGIES CORPFeb 14, 1994 to Jul 16, 20045

Timeline

  1. Sep 11, 20268-K Financial statements and exhibits82
  2. Jul 30, 20268-K Results of operations83
  3. Jul 1, 20268-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation84
  4. May 26, 20268-K Shareholder vote85
  5. Apr 30, 20268-K Entered a material agreement; Other events86
  6. Apr 30, 20268-K Results of operations87
  7. Feb 12, 20268-K Results of operations88
  8. Jan 28, 20268-K Entered a material agreement; New debt or obligation89
  9. Jan 13, 20268-K Other events90
  10. Jan 6, 20268-K Executive or director change91
  11. Nov 19, 20258-K Executive or director change92
  12. Oct 30, 20258-K Results of operations93
  13. Feb 24, 2023New chief executive Ashish Chand becomes CEO16
  14. Jul 6, 2020New chief executive Roel Vestjens becomes CEO17
  15. Jan 5, 2006New chief executive John S. Stroup becomes CEO18
  16. 1902Founded Founded1

Calendar

Coming up

  1. Oct 29, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $1.97 a share, on Oct 30, 2025.94

When it reported results

  1. Jul 30, 2026Reported quarterly or annual results83
  2. Apr 30, 2026Reported quarterly or annual results87
  3. Feb 12, 2026Reported quarterly or annual results88
  4. Oct 30, 2025Reported quarterly or annual results93
  5. Jul 31, 2025Reported quarterly or annual results95
  6. May 1, 2025Reported quarterly or annual results96
  7. Feb 6, 2025Reported quarterly or annual results97
  8. Oct 31, 2024Reported quarterly or annual results98

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

451 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 44 major events, 281 insider forms, 28 large holders, 78 other. The latest 20:

  1. Sep 16, 20264 EDGAR
  2. Sep 15, 2026144 EDGAR
  3. Sep 11, 20268-K/A EDGAR
  4. Aug 13, 20264 EDGAR
  5. Aug 10, 20264 EDGAR
  6. Aug 5, 20264 EDGAR
  7. Jul 30, 202610-Q EDGAR
  8. Jul 30, 20268-K EDGAR
  9. Jul 7, 20264 EDGAR
  10. Jul 7, 20264 EDGAR
  11. Jul 7, 20264 EDGAR
  12. Jul 7, 20264 EDGAR
  13. Jul 7, 20264 EDGAR
  14. Jul 7, 20264 EDGAR
  15. Jul 6, 20264 EDGAR
  16. Jul 6, 20263 EDGAR
  17. Jul 1, 20268-K EDGAR
  18. May 27, 2026SD EDGAR
  19. May 26, 20264 EDGAR
  20. May 26, 20264 EDGAR

The 451 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

57 open-market trades by officers, directors and large owners since October 2021: 2 buys and 55 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 15, 2026Lieser BrianEVP - Chief Comm. OfficerSale1,900$114.39$217.3KForm 4
Apr 14, 2026Lieser BrianEVP - Chief Comm. OfficerSale2,719$130.69$355.3KForm 4
Feb 6, 2026Zink DougVP and CAOSale1,452$133.96$194.5KForm 4
Feb 5, 2026Zink DougVP and CAOSale485$126.00$61.1KForm 4
Feb 4, 2026Tate LeahEVP - Chief Peop/Strat OfficerSale2,954$130.00$384.0KForm 4
Dec 11, 2025KLEIN JONATHAN CDirectorSale3,000$124.19$372.6KForm 4
Dec 9, 2025Zink DougVP and CAOSale4,000$125.00$500.0KForm 4
Dec 5, 2025Lieser BrianEVP - Chief Comm. OfficerSale1,270$120.00$152.4KForm 4
Dec 5, 2025Bhadra HiranEVP - Chief Innovation OfficerSale1,600$120.00$192.0KForm 4
Dec 3, 2025Tate LeahEVP - Chief Peop/Strat OfficerSale2,554$120.00$306.5KForm 4
Dec 2, 2025Lieser BrianEVP - Chief Comm. OfficerSale1,713$114.13$195.5KForm 4
Sep 4, 2025Lieser BrianEVP - Chief Comm. OfficerSale3,800$127.28$483.7KForm 4
Sep 3, 2025Lieser BrianEVP - Chief Comm. OfficerSale297$126.11$37.5KForm 4
Jul 17, 2025Anderson Brian EdwardEVP - Chief Legal OfficerSale7,158$130.51$934.2KForm 4
Jun 25, 2025Lieser BrianEVP - Chief Comm. OfficerSale296$114.32$33.8KForm 4
May 14, 2025Lieser BrianEVP - Chief Comm. OfficerSale297$113.64$33.8KForm 4
May 14, 2025Tate LeahEVP - Chief Peop/Strat OfficerSale231$113.64$26.3KForm 4
Mar 17, 2025Lieser BrianEVP - Chief Comm. OfficerSale771$101.15$78.0KForm 4
Mar 7, 2025Lieser BrianEVP - Chief Comm. OfficerSale3,318$104.16$345.6KForm 4
Mar 6, 2025McCray Gregory JamesDirectorSale4,200$105.21$441.9KForm 4

All 57 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Ashish ChandPresident and Chief Executive Officer$1.0M$7.6M108
2025Brian LieserExecutive Vice President, Automation Solutions$650.4K$4.1M108
2025Jeremy ParksSenior Vice President - Finance, and Chief Financial Officer$621.5K$2.5M108
2025Brian AndersonSenior Vice President - Legal, General Counsel and Corporate Secretary$554.9K$2.0M108
2025Hiran BhadraSenior Vice President, Strategy and Technology$519.2K$1.8M108
2024Ashish ChandPresident and Chief Executive Officer$937.5K$8.0M108
2024Hiran BhadraSenior Vice President, Strategy and Technology$512.3K$3.6M108
2024Jeremy ParksSenior Vice President - Finance, and Chief Financial Officer$605.0K$2.7M108
2024Brian AndersonSenior Vice President - Legal, General Counsel and Corporate Secretary$543.3K$2.1M108
2023Ashish ChandPresident and Chief Executive Officer$847.1K$12.8M108
2023Brian LieserExecutive Vice President, Automation Solutions$431.4K$3.3M108
2023Jeremy ParksSenior Vice President - Finance, and Chief Financial Officer$576.5K$2.5M108
2023Brian AndersonSenior Vice President - Legal, General Counsel and Corporate Secretary$517.7K$2.1M108

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.5,141,658$616.5M0.0%+223,785
Fmr LLC4,046,029$485.2M0.0%+122,035
Vanguard Portfolio Management LLC2,758,725$330.8M0.0%+56,396
Vanguard Capital Management LLC1,753,428$210.3M0.0%+11,065
State Street Corp1,504,721$180.5M0.0%+23,029
Wellington Management Group Llp1,431,187$171.6M0.0%−157,218
Fuller & Thaler Asset Management, Inc.1,176,261$141.0M0.4%+125,934
Dimensional Fund Advisors LP1,127,823$135.2M0.0%+94,974
Geode Capital Management, LLC1,066,428$127.9M0.0%+57,775
Invesco Ltd.847,997$101.7M0.0%+106,172
Channing Capital Management, LLC760,129$91.1M2.1%+49,671
Allspring Global Investments Holdings, LLC665,736$77.8M0.1%−119,195
Nomura Asset Management International Inc.547,360$65.6M0.1%−10,103
Segall Bryant & Hamill, LLC530,661$63.6M0.8%+178,337
Victory Capital Management Inc500,228$60.0M0.0%+22,227
Charles Schwab Investment Management Inc499,429$59.9M0.0%+3,852
Northern Trust Corp494,153$59.3M0.0%−11,967
Arrowstreet Capital, Limited Partnership437,626$52.5M0.0%+255,917
Marshall Wace, Llp425,767$51.1M0.0%+416,187
Morgan Stanley415,453$49.8M0.0%+118,079
Norges Bank389,743$46.7M0.0%New
Boston Partners389,994$46.1M0.0%+105,344
Newport Trust Company, LLC351,025$42.1M0.1%+9,953
Silvercrest Asset Management Group LLC324,619$38.9M0.3%−25,648
Nomura Holdings Inc313,834$37.6M0.2%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Belden Incorporated is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBELDEN INC.2
  • CIK0000913142
  • Employer ID (EIN)36-360150515
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company15
  • Incorporated inDelaware15
  • Fiscal year endsDecember 312
  • Industry code (SIC)3357 Drawing & Insulating of Nonferrous Wire2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address1 North Brentwood Blvd, 15Th Floor, St. Louis, MO 631052
  • Phone314-854-80002
  • Shares outstanding39,078,191 as of Jul 23, 202613
  • Public float$2.8B as of Jun 29, 202515
  • AuditorErnst & Young LLP, St. Louis, MO PCAOB ID 42; it also attests to the company’s internal control over financial reporting15
  • On EDGAR sinceFeb 14, 19942
  • Filings2,031 in all: 4 (1,091), 8-K (273), SC 13G/A (139), 10-Q (92), 144 (54), 3 (53), SC 13G (47), 4/A (36)2
    All 48 form types

    UPLOAD (32), 10-K (30), DEF 14A (30), CORRESP (22), 8-K/A (15), S-8 (14), SD (13), ARS (11), 5 (10), 425 (9), SCHEDULE 13G/A (9), DEFA14A (7), 8-A12B/A (3), S-3/A (3), S-4/A (3), SC TO-I/A (3), SCHEDULE 13G (3), 11-K (2), 424B3 (2), 8-A12B (2), S-3 (2), S-3ASR (2), S-4 (2), 10-K/A (1), 10-Q/A (1), 11-K/A (1), 144/A (1), 25-NSE (1), 424B2 (1), 424B5 (1), 8-A12G (1), CERTNYS (1), EFFECT (1), FWP (1), NT 10-K (1), NT 10-Q (1), PRE 14A (1), SC TO-I (1), T-3 (1), T-3/A (1)

  • Latest filingsAnnual report (10-K) Feb 17, 2026
    Quarterly report (10-Q) Jul 30, 2026
    Proxy statement (DEF 14A) Apr 9, 2026
    Latest 8-K (8-K) Jul 30, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 par value per shareBDCThe New York Stock Exchange

From the cover page of the 10-K filed Feb 17, 2026 (Section 12(b) of the Exchange Act).15

Risk factors and legal proceedings

The risks Belden Incorporated names in Item 1A of its 10-K filed Feb 17, 2026: 31 risks under these headings, as written.15

  • Business and Operational Risks
  • Cyber security incidents have and could in the future interfere with our business and operations.
  • Volatility in global trade policies and practices could have direct and indirect impacts on our business.
  • Supply chain issues, including scarcity of raw materials or other components necessary to produce the products we manufacture, could increase costs or cause a delay in our ability to fulfill orders, and could adversely affect our future results of operations and our overall financial performance.
  • Our results of operations are subject to foreign and domestic political, social, economic, and other uncertainties and are affected by changes in currency exchange rates.
  • Our future success depends in part on our ability to develop and introduce new products and respond to changes in customer preferences.
  • Our ability to remain competitive will be determined, in part, by our ability to successfully implement AI into our product offerings and back office processes.
  • Our reliance on legacy information technology systems and the challenges associated with their maintenance and upgrade could adversely affect our business, financial condition, and results of operations.
  • The global markets in which we operate are highly competitive.
  • A challenging global economic environment or a downturn in the markets we serve could adversely affect our operating results and stock price in a material manner.
  • We may have difficulty integrating the operations of acquired businesses, which could negatively affect our results of operations, profitability, and achievement of our strategic plan.
  • We may be unable to achieve our goals related to revenue growth.
The other 20 risks
  • Our revenue for any particular period can be difficult to forecast.
  • We may be unable to implement our strategic plan successfully.
  • We may experience significant variability in our quarterly and annual effective tax rate which would affect our reported net income.
  • If we are unable to attract and retain key employees, our business operations could be adversely affected.
  • Our revenue and profits would likely decline, at least temporarily, if we were to lose a key distributor.
  • Actions of activists could cause us to incur substantial costs, divert management’s attention and resources, and have an adverse effect on our business.
  • Perceived failure of our data solutions to provide expected results may result in negative publicity and harm our business and operating results.
  • General Industry and Economic Risks
  • Inflation and changes in the price and availability of raw materials may lead to higher input and labor costs in a way that could be detrimental to our profitability.
  • Extreme weather events and other climate-related catastrophes could impact our locations, our people and our performance.
  • Future epidemics, pandemics or other major disasters could impact our future results of operations and overall financial performance.
  • Volatility of credit markets and rising interest rates could adversely affect our business.
  • We may be unable to achieve our strategic priorities in emerging markets.
  • Legal and Regulatory Risks
  • Changes in global tariffs and trade agreements may have a negative impact on global economic conditions, markets and our business.
  • Changes in tax laws may adversely affect our financial position.
  • We are subject to laws and regulations worldwide, changes to which could increase our costs and individually or in the aggregate adversely affect our business.
  • Increasing expectations with respect to Sustainability matters by our various stakeholders and Sustainability regulation could adversely affect our business and operating results.
  • We might have difficulty protecting our intellectual property from use by competitors, or competitors might accuse us of violating their intellectual property rights.
  • Our use of open source software could negatively impact our ability to sell our products and may subject us to unanticipated obligations.
  • If our goodwill or other intangible assets become impaired, we would be required to recognize charges that would reduce our income.
  • Some of our employees are members of collective bargaining groups, and we might be subject to labor actions that would interrupt our business.

Legal proceedings

We are a party to various legal proceedings and administrative actions that are incidental to our operations. In our opinion, the proceedings and actions in which we are involved should not, individually or in the aggregate, have a material adverse effect on our financial condition, operating results, or cash flows. However, since the trends and outcome of this litigation are inherently uncertain, we cannot give absolute assurance regarding the future resolution of such litigation, or that such litigation may not become material in the future.

The opening of Item 3, Legal Proceedings.15

Sources

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