OverviewSuggest Edit
Belden is a manufacturer of networking, connectivity, and cable products for the industrial, enterprise, and broadcast markets. It provides copper and fiber cables, racks and enclosures, connectors, distribution boxes, ruggedized controls and sensors, and other products.
Its major brands include:
| Type | Public | |
| Founded | 1902 | |
| HQ | Clayton, MO, US | Map |
| Website | belden.com | |
| Overall Culture | C+ | More |
Recent NewsAll News
- Data stolen in hack targeting network solutions provider Belden
- Insights on the Radio Frequency (RF) Cables Global Market to 2027 - 58 Companies Profiled Including Beijer Alma, Belden and Nexans Among Others
- Playout Solutions Market Technology Outlook with 7.7% of CAGR by 2027 - Belden Inc., Imagine Communications, Pebble Beach Systems, Pixel Power, PlayBox Technology
- Belden Expands Forescout Partnership to Protect Industrial and Critical Infrastructure from Cyber Threats
Key People/Management at Belden
Roel Vestjens
President and Chief Executive Officer, Director
Brian Anderson
Senior Vice President – Legal, General Counsel and Corporate Secretary
John S. Stroup
CEO
Ashish Chand
Executive Vice President - Industrial Automation
Bryan C. Cressey
Director
Dean McKenna
Senior Vice President – Human Resources
Belden Office Locations
Belden has offices in Clayton, Fremont, Indianapolis, New York and in 44 other locations
Clayton, MO, US (HQ)
1 N Brentwood Blvd 15th Floor
Fremont, CA, US
255 Fourier Ave
Indianapolis, IN, US
401 Pennsylvania Pkwy #200
New York, NY, US
19-02 Whitestone Expy #305, Queens
Richmond, IN, US
1411 NW 11th St
Richmond, IN, US
2200 US-27
Belden Financials and Metrics
Belden Revenue
Belden's revenue was reported to be $2.13 b in FY, 2019 which is a 17.6% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 475.8m |
Gross profit (Q3, 2020) | 167.6m |
Gross profit margin (Q3, 2020), % | 35.2% |
Net income (Q3, 2020) | 17.1m |
EBIT (Q3, 2020) | 36.1m |
Market capitalization (15-Jan-2021) | 1.9b |
Closing stock price (15-Jan-2021) | 42.3 |
Cash (27-Sept-2020) | 391.5m |
EV | 3.0b |
Belden's current market capitalization is $1.9 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 551.4m | 610.6m | 621.7m | 605.6m | 668.6m | 655.8m | 587.2m | 637.5m | 620.3m | 424.8m | 475.8m |
Cost of goods sold | 329.3m | 368.1m | 381.9m | 375.0m | 411.0m | 394.9m | 362.4m | 396.5m | 384.9m | 274.9m | 308.2m |
Gross profit | 222.1m | 242.5m | 239.8m | 230.6m | 257.6m | 260.9m | 224.7m | 241.0m | 235.4m | 149.9m | 167.6m |
Gross profit Margin, % | 40% | 40% | 39% | 38% | 39% | 40% | 38% | 38% | 38% | 35% | 35% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 815.9m | 670.4m | 461.4m | 362.9m | 261.4m | 329.0m | 339.0m | 295.2m | 296.7m | 359.7m | 391.5m |
Accounts Receivable | 381.7m | 419.6m | 439.3m | 439.8m | 463.2m | 474.9m | 404.6m | 451.5m | 460.0m | 302.3m | 331.2m |
Inventories | 218.4m | 252.5m | 262.5m | 328.8m | 319.1m | 322.2m | 326.8m | 309.7m | 291.0m | 242.7m | 244.8m |
Current Assets | 1.5b | 1.4b | 1.3b | 1.2b | 1.1b | 1.2b | 1.1b | 1.1b | 1.1b | 1.2b | 1.0b |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 25.6m | 61.5m | 62.4m | 2.6m | 31.4m | 117.2m | 25.2m | 67.5m | (229.5m) | (79.1m) | (62.1m) |
Depreciation and Amortization | 35.1m | 73.7m | 112.5m | 36.5m | 74.1m | 111.9m | 37.0m | 72.7m | 108.3m | 53.5m | 80.6m |
Inventories | (27.2m) | 42.1m | (50.2m) | (16.7m) | (14.5m) | (16.6m) | (9.5m) | 17.4m | 32.3m | (9.8m) | (9.3m) |
Accounts Payable | 3.4m | 14.7m | 30.3m | (90.7m) | (84.7m) | (81.3m) | (97.4m) | (91.5m) | (78.3m) | (86.4m) | (69.6m) |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 280.6k |
Debt/Equity | 1.1 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2.6 x |
Belden Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Thinklogical LLC | May 04, 2017 | $160 m |
| Tripwire | December 09, 2014 | $710 m |
| ProSoft Technology | July 30, 2014 | |
| Grass Valley | February 07, 2014 | $220 m |
| PPC Broadband | December 11, 2012 | $515.70 m |
| Miranda Technologies | June 05, 2012 | |
| Byres Security Inc. | September 01, 2011 | |
| ICM Corp | July 26, 2011 | |
| Poliron Cabos Eletricos Especiais | April 04, 2011 | $30 m |
| GarrettCom | November 23, 2010 |
Belden Revenue Breakdown
Belden revenue breakdown by business segment: 49.3% from Industrial Solutions and 50.7% from Enterprise Solutions
Belden revenue breakdown by geographic segment: 13.3% from APAC, 19.2% from EMEA and 67.5% from Americas
Belden Cybersecurity Score
Belden Environment, Social & Governance (ESG) Ratings
Belden Online and Social Media Presence
5.27k Twitter followers
Belden has 5.27k Twitter Followers. The number of followers has decreased 0.5% month over month and decreased 0.4% quarter over quarter
Belden's Trends
Twitter Engagement Stats for @BeldenInc
8.5k
Tweets
1.5k
Following
5.3k
Followers
5
Tweets last 30 days
1
Avg. likes per Tweet
100%
Tweets with engagement
Belden Company Culture
Overall Culture
C+
68/100
CEO Rating
F
53/100
Compensation
B+
76/100
Belden News and Updates
November 26, 2020
Data stolen in hack targeting network solutions provider Belden
Networking solutions provider Belden Inc. has been hacked and employee and company data stolen. Described Tuesday by the company as a “data incident involving unauthorized access” and a “sophisticated attack by a party outside the company,” the data theft is said to involve the hackers gaining acce…
November 20, 2020
Insights on the Radio Frequency (RF) Cables Global Market to 2027 - 58 Companies Profiled Including Beijer Alma, Belden and Nexans Among Others
Dublin, Nov. 20, 2020 (GLOBE NEWSWIRE) -- The "Radio Frequency (RF) Cables - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. The publisher brings years of research experience to the 9th edition of this report. The 292-page report presents conci…
November 02, 2020
Playout Solutions Market Technology Outlook with 7.7% of CAGR by 2027 - Belden Inc., Imagine Communications, Pebble Beach Systems, Pixel Power, PlayBox Technology
Playout Solutions Market to 2027 - Global Analysis and Forecasts by Component (Hardware, Software, Service); Application (Sports, News, Entertainment, Lifestyle and Fashion, Others) Posted via Industry Today. Follow us on Twitter @IndustryToday
June 18, 2020
Belden Expands Forescout Partnership to Protect Industrial and Critical Infrastructure from Cyber Threats
PORTLAND, Ore. – June 17, 2020 – Belden , a leading global supplier of specialty networking solutions, and its Tripwire and Hirschmann brands today announced an extended partnership with Forescout , the leader in device visibility and control, to advance cybersecurity for industrial organizations an…
February 04, 2020
Black Dragon Capital to Acquire Grass Valley from Belden Inc.
MIAMI, Feb. 4, 2020 /PRNewswire/ -- Private equity firm Black Dragon Capital will acquire the entirety of Grass Valley, a leading technology supplier of advanced broadcast and media solutions, from Belden Inc. (NYSE: BDC). The transaction is expected to close after customary regulatory...
January 03, 2019
Hagens Berman Notifies Belden (BDC) Investors of the Firm's Investigation of Possible Disclosure Violations
SAN FRANCISCO, Jan. 3, 2019 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP notifies investors in Belden Inc. (NYSE: BDC) of the Firm's investigation of possible disclosure violations. If you purchased or otherwise acquired BDC securities between February 13, 2018 and December 4, 2018 and ...
Belden Blogs
November 19, 2020
The 6 GHz Shared-Spectrum Band is Like a Wide-Open Road
Earlier this year, 1,200 MHz of additional spectrum – the 6 GHz band – was made available to the public for Wi-Fi devices.
November 12, 2020
Get to Know White Space, Gray Space and Meet-Me Rooms
Within any data center are two distinct and separate spaces known as “white space” and “gray space.”
November 05, 2020
Tips to Help You Decide: Rent or Own a Fusion Splicer?
To rent or to own? It’s a question we regularly encounter in our daily lives, whether we’re looking at homes, vehicles, boats or even machinery or tools.
October 29, 2020
Do Complex Cable Problems Always Require Complex Solutions? (We Say ‘No’!)
When you’ve got a challenge on your hands—compatibility issues, unexpected downtime, cable congestion or difficult moves, adds and changes—what do you do? Where do you start?
October 22, 2020
Adapter Frame or Cassette? Empty or Preloaded? How Do You Decide?
In a fiber project, there are several decisions that need to be made when it comes to splicing and connectivity.
October 16, 2020
Belden Wins Two Innovators Awards from Cabling Installation & Maintenance Magazine
St. Louis, Missouri – Oct. 15, 2020 – Belden Inc. (NYSE: BDC),a global leader in signal transmission solutions for mission-critical applications, is excited to announce that it has received two 2020 Innovators Awards from Cabling Installation & Maintenance.
Belden Frequently Asked Questions
When was Belden founded?
Belden was founded in 1902.
Who are Belden key executives?
Belden's key executives are Roel Vestjens, Brian Anderson and John S. Stroup.
How many employees does Belden have?
Belden has 7,000 employees.
What is Belden revenue?
Latest Belden annual revenue is $2.1 b.
What is Belden revenue per employee?
Latest Belden revenue per employee is $304.5 k.
Who are Belden competitors?
Competitors of Belden include TKH Group, Vertiv and Bahra Electric.
Where is Belden headquarters?
Belden headquarters is located at 1 N Brentwood Blvd 15th Floor, Clayton.
Where are Belden offices?
Belden has offices in Clayton, Fremont, Indianapolis, New York and in 44 other locations.
How many offices does Belden have?
Belden has 50 offices.
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