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Side-by-side financial comparison of AvalonBay Communities (AVB) and BELDEN INC. (BDC). Click either name above to swap in a different company.
AvalonBay Communities is the larger business by last-quarter revenue ($767.9M vs $696.4M, roughly 1.1× BELDEN INC.). AvalonBay Communities runs the higher net margin — 9040.6% vs 7.3%, a 9033.2% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (11.4% vs 3.7%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $-63.1M). Over the past eight quarters, BELDEN INC.'s revenue compounded faster (7.3% CAGR vs 3.8%).
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.
Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.
AVB vs BDC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $767.9M | $696.4M |
| Net Profit | $166.0M | $51.0M |
| Gross Margin | — | 37.1% |
| Operating Margin | 64.2% | 11.2% |
| Net Margin | 9040.6% | 7.3% |
| Revenue YoY | 3.7% | 11.4% |
| Net Profit YoY | -41.2% | -1.8% |
| EPS (diluted) | $1.18 | $1.30 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $696.4M | ||
| Q4 25 | $767.9M | $720.1M | ||
| Q3 25 | $766.8M | $698.2M | ||
| Q2 25 | $760.2M | $672.0M | ||
| Q1 25 | $745.9M | $624.9M | ||
| Q4 24 | $740.5M | $666.0M | ||
| Q3 24 | $734.3M | $654.9M | ||
| Q2 24 | $726.0M | $604.3M |
| Q1 26 | — | $51.0M | ||
| Q4 25 | $166.0M | $67.9M | ||
| Q3 25 | $381.3M | $56.7M | ||
| Q2 25 | $268.7M | $61.0M | ||
| Q1 25 | $236.6M | $51.9M | ||
| Q4 24 | $282.1M | $58.4M | ||
| Q3 24 | $372.5M | $53.7M | ||
| Q2 24 | $253.9M | $49.0M |
| Q1 26 | — | 37.1% | ||
| Q4 25 | — | 36.6% | ||
| Q3 25 | — | 37.7% | ||
| Q2 25 | — | 38.5% | ||
| Q1 25 | — | 39.3% | ||
| Q4 24 | — | 37.5% | ||
| Q3 24 | — | 37.3% | ||
| Q2 24 | — | 37.5% |
| Q1 26 | — | 11.2% | ||
| Q4 25 | 64.2% | 12.2% | ||
| Q3 25 | 65.7% | 10.9% | ||
| Q2 25 | 67.6% | 11.8% | ||
| Q1 25 | 68.5% | 11.6% | ||
| Q4 24 | 63.1% | 10.4% | ||
| Q3 24 | 65.4% | 11.5% | ||
| Q2 24 | 66.6% | 11.4% |
| Q1 26 | — | 7.3% | ||
| Q4 25 | 9040.6% | 9.4% | ||
| Q3 25 | 49.7% | 8.1% | ||
| Q2 25 | 35.3% | 9.1% | ||
| Q1 25 | 31.7% | 8.3% | ||
| Q4 24 | 38.1% | 8.8% | ||
| Q3 24 | 50.7% | 8.2% | ||
| Q2 24 | 35.0% | 8.1% |
| Q1 26 | — | $1.30 | ||
| Q4 25 | $1.18 | $1.70 | ||
| Q3 25 | $2.68 | $1.41 | ||
| Q2 25 | $1.88 | $1.53 | ||
| Q1 25 | $1.66 | $1.27 | ||
| Q4 24 | $1.99 | $1.41 | ||
| Q3 24 | $2.61 | $1.30 | ||
| Q2 24 | $1.78 | $1.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $187.2M | $272.2M |
| Total DebtLower is stronger | $9.3B | $1.3B |
| Stockholders' EquityBook value | $11.6B | $1.3B |
| Total Assets | $22.2B | — |
| Debt / EquityLower = less leverage | 0.80× | 0.98× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $272.2M | ||
| Q4 25 | $187.2M | $389.9M | ||
| Q3 25 | $123.3M | $314.3M | ||
| Q2 25 | $102.8M | $301.5M | ||
| Q1 25 | $53.3M | $259.0M | ||
| Q4 24 | $108.6M | $370.3M | ||
| Q3 24 | $552.4M | $323.0M | ||
| Q2 24 | $545.8M | $564.8M |
| Q1 26 | — | $1.3B | ||
| Q4 25 | $9.3B | — | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $8.7B | — | ||
| Q1 25 | $8.3B | — | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $8.4B | — | ||
| Q2 24 | $8.4B | — |
| Q1 26 | — | $1.3B | ||
| Q4 25 | $11.6B | $1.3B | ||
| Q3 25 | $11.9B | $1.2B | ||
| Q2 25 | $11.9B | $1.2B | ||
| Q1 25 | $11.9B | $1.2B | ||
| Q4 24 | $11.9B | $1.3B | ||
| Q3 24 | $11.9B | $1.2B | ||
| Q2 24 | $11.7B | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | $22.2B | $3.5B | ||
| Q3 25 | $21.9B | $3.4B | ||
| Q2 25 | $21.8B | $3.4B | ||
| Q1 25 | $21.2B | $3.3B | ||
| Q4 24 | $21.0B | $3.3B | ||
| Q3 24 | $21.3B | $3.3B | ||
| Q2 24 | $21.0B | $3.5B |
| Q1 26 | — | 0.98× | ||
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.71× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7B | — |
| Free Cash FlowOCF − Capex | $1.4B | $-63.1M |
| FCF MarginFCF / Revenue | 183.5% | -9.1% |
| Capex IntensityCapex / Revenue | 34.1% | 6.4% |
| Cash ConversionOCF / Net Profit | 10.07× | — |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | $180.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $160.4M | ||
| Q3 25 | $477.0M | $105.0M | ||
| Q2 25 | $377.8M | $82.0M | ||
| Q1 25 | $415.9M | $7.4M | ||
| Q4 24 | $1.6B | $174.7M | ||
| Q3 24 | $486.2M | $91.7M | ||
| Q2 24 | $380.0M | $83.0M |
| Q1 26 | — | $-63.1M | ||
| Q4 25 | $1.4B | $121.3M | ||
| Q3 25 | $402.2M | $65.3M | ||
| Q2 25 | $317.1M | $56.9M | ||
| Q1 25 | $367.5M | $-24.8M | ||
| Q4 24 | $1.4B | $116.4M | ||
| Q3 24 | $434.2M | $67.2M | ||
| Q2 24 | $333.0M | $61.0M |
| Q1 26 | — | -9.1% | ||
| Q4 25 | 183.5% | 16.8% | ||
| Q3 25 | 52.5% | 9.4% | ||
| Q2 25 | 41.7% | 8.5% | ||
| Q1 25 | 49.3% | -4.0% | ||
| Q4 24 | 191.0% | 17.5% | ||
| Q3 24 | 59.1% | 10.3% | ||
| Q2 24 | 45.9% | 10.1% |
| Q1 26 | — | 6.4% | ||
| Q4 25 | 34.1% | 5.4% | ||
| Q3 25 | 9.8% | 5.7% | ||
| Q2 25 | 8.0% | 3.7% | ||
| Q1 25 | 6.5% | 5.2% | ||
| Q4 24 | 26.1% | 8.8% | ||
| Q3 24 | 7.1% | 3.7% | ||
| Q2 24 | 6.5% | 3.6% |
| Q1 26 | — | — | ||
| Q4 25 | 10.07× | 2.36× | ||
| Q3 25 | 1.25× | 1.85× | ||
| Q2 25 | 1.41× | 1.34× | ||
| Q1 25 | 1.76× | 0.14× | ||
| Q4 24 | 5.70× | 2.99× | ||
| Q3 24 | 1.31× | 1.71× | ||
| Q2 24 | 1.50× | 1.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
