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 | A- | More |
Recent NewsAll News
- Datacenter Rack Market to Grow by USD 1.80 Billion during 2021-2025 | Featuring Belden Inc. and Eaton Corp. Plc among others | Technavio
- Belden innovation leads to 13 product launches/line extensions in Q1 2021
- Data stolen in hack targeting network solutions provider Belden
- Playout Solutions Market Technology Outlook with 7.7% of CAGR by 2027 - Belden Inc., Imagine Communications, Pebble Beach Systems, Pixel Power, PlayBox Technology
Key People/Management at Belden
John S. Stroup
Executive Chairman
Roel Vestjens
President and Chief Executive Officer, Director
Brian Anderson
Senior Vice President – Legal, General Counsel and Corporate Secretary
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, Mooresville and in 43 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
Mooresville, NC, US
1113 N Main St
New York City, NY, US
19-02 Whitestone Expy #305, Whitestone
Richmond, IN, US
1411 NW 11th St
Belden Financials and Metrics
Belden Revenue
Belden's revenue was reported to be $1.86 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 1.9b |
Gross profit (FY, 2020) | 663.3m |
Gross profit margin (FY, 2020), % | 35.6% |
Net income (FY, 2020) | (55.1m) |
EBIT (FY, 2020) | 125.4m |
Market capitalization (23-Apr-2021) | 2.0b |
Closing stock price (23-Apr-2021) | 43.9 |
Cash (27-Sept-2020) | 391.5m |
EV | 3.2b |
Belden's current market capitalization is $2 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 | $515.7 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
5.34k Twitter followers
Belden has 5.34k Twitter Followers. The number of followers has increased 0.4% month over month and increased 0.8% quarter over quarter
Belden's Trends
Twitter Engagement Stats for @BeldenInc
8.5k
Tweets
1.5k
Following
5.3k
Followers
31
Tweets last 30 days
0.7
Avg. likes per Tweet
54.8%
Tweets with engagement
Belden Company Culture
Overall Culture
A-
77/100
CEO Rating
C-
65/100
Compensation
A
81/100
Belden News and Updates
March 18, 2021
Datacenter Rack Market to Grow by USD 1.80 Billion during 2021-2025 | Featuring Belden Inc. and Eaton Corp. Plc among others | Technavio
NEW YORK, March 18, 2021 /PRNewswire/ -- The global data center rack market is expected to grow by USD 1.80 billion during 2021-2025, as per Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first...
March 03, 2021
Belden innovation leads to 13 product launches/line extensions in Q1 2021
Belden Inc continues to offer its customers more options to manage high density, reduce installation time and safely transmit data and power with the new Q1 2021 product launches. Cable innovations Belden’s Digital Electricity (DE) Cable delivers DE power (up to 2,000 W) on the copper pair while sen…
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 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...
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 John S. Stroup, Roel Vestjens and Brian Anderson.
How many employees does Belden have?
Belden has 6,200 employees.
What is Belden revenue?
Latest Belden annual revenue is $1.9 b.
What is Belden revenue per employee?
Latest Belden revenue per employee is $300.4 k.
Who are Belden competitors?
Competitors of Belden include Hellenic Cables Group, TKH Group and Vertiv.
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, Mooresville and in 43 other locations.
How many offices does Belden have?
Belden has 52 offices.
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