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Side-by-side financial comparison of BRUNSWICK CORP (BC) and BELDEN INC. (BDC). Click either name above to swap in a different company.
BRUNSWICK CORP is the larger business by last-quarter revenue ($1.3B vs $720.1M, roughly 1.9× BELDEN INC.). BELDEN INC. runs the higher net margin — 9.4% vs 1.4%, a 8.0% gap on every dollar of revenue. On growth, BRUNSWICK CORP posted the faster year-over-year revenue change (15.5% vs 8.1%). BELDEN INC. produced more free cash flow last quarter ($121.3M vs $83.6M). Over the past eight quarters, BELDEN INC.'s revenue compounded faster (15.9% CAGR vs -1.1%).
Brunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, is an American corporation that has been developing, manufacturing and marketing a wide variety of products since 1845. Brunswick has more than 13,000 employees in 24 countries. Brunswick owns a number of brands, including Mercury Marine. In 2024, Brunswick reported sales of US$5.2 billion. Brunswick's global headquarters is in the northern Chicago suburb of Mettawa, Illinois.
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.
BC vs BDC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $720.1M |
| Net Profit | $18.7M | $67.9M |
| Gross Margin | 23.1% | 36.6% |
| Operating Margin | 3.1% | 12.2% |
| Net Margin | 1.4% | 9.4% |
| Revenue YoY | 15.5% | 8.1% |
| Net Profit YoY | 122.7% | 16.3% |
| EPS (diluted) | $0.32 | $1.70 |
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.
| Q4 25 | $1.3B | $720.1M | ||
| Q3 25 | $1.4B | $698.2M | ||
| Q2 25 | $1.4B | $672.0M | ||
| Q1 25 | $1.2B | $624.9M | ||
| Q4 24 | $1.2B | $666.0M | ||
| Q3 24 | $1.3B | $654.9M | ||
| Q2 24 | $1.4B | $604.3M | ||
| Q1 24 | $1.4B | $535.7M |
| Q4 25 | $18.7M | $67.9M | ||
| Q3 25 | $-235.5M | $56.7M | ||
| Q2 25 | $59.3M | $61.0M | ||
| Q1 25 | $20.2M | $51.9M | ||
| Q4 24 | $-82.5M | $58.4M | ||
| Q3 24 | $44.6M | $53.7M | ||
| Q2 24 | $100.0M | $49.0M | ||
| Q1 24 | $68.0M | $37.3M |
| Q4 25 | 23.1% | 36.6% | ||
| Q3 25 | 25.8% | 37.7% | ||
| Q2 25 | 25.5% | 38.5% | ||
| Q1 25 | 24.9% | 39.3% | ||
| Q4 24 | 21.9% | 37.5% | ||
| Q3 24 | 26.2% | 37.3% | ||
| Q2 24 | 27.1% | 37.5% | ||
| Q1 24 | 27.4% | 37.6% |
| Q4 25 | 3.1% | 12.2% | ||
| Q3 25 | -17.8% | 10.9% | ||
| Q2 25 | 7.1% | 11.8% | ||
| Q1 25 | 4.6% | 11.6% | ||
| Q4 24 | -4.8% | 10.4% | ||
| Q3 24 | 7.7% | 11.5% | ||
| Q2 24 | 11.0% | 11.4% | ||
| Q1 24 | 8.1% | 9.9% |
| Q4 25 | 1.4% | 9.4% | ||
| Q3 25 | -17.3% | 8.1% | ||
| Q2 25 | 4.1% | 9.1% | ||
| Q1 25 | 1.7% | 8.3% | ||
| Q4 24 | -7.1% | 8.8% | ||
| Q3 24 | 3.5% | 8.2% | ||
| Q2 24 | 6.9% | 8.1% | ||
| Q1 24 | 5.0% | 7.0% |
| Q4 25 | $0.32 | $1.70 | ||
| Q3 25 | $-3.59 | $1.41 | ||
| Q2 25 | $0.89 | $1.53 | ||
| Q1 25 | $0.30 | $1.27 | ||
| Q4 24 | $-1.21 | $1.41 | ||
| Q3 24 | $0.67 | $1.30 | ||
| Q2 24 | $1.48 | $1.19 | ||
| Q1 24 | $0.99 | $0.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $256.8M | $389.9M |
| Total DebtLower is stronger | $2.1B | — |
| Stockholders' EquityBook value | $1.6B | $1.3B |
| Total Assets | $5.3B | $3.5B |
| Debt / EquityLower = less leverage | 1.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $256.8M | $389.9M | ||
| Q3 25 | $297.7M | $314.3M | ||
| Q2 25 | $315.7M | $301.5M | ||
| Q1 25 | $286.7M | $259.0M | ||
| Q4 24 | $269.0M | $370.3M | ||
| Q3 24 | $284.1M | $323.0M | ||
| Q2 24 | $494.5M | $564.8M | ||
| Q1 24 | $548.4M | $506.8M |
| Q4 25 | $2.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.6B | $1.3B | ||
| Q3 25 | $1.6B | $1.2B | ||
| Q2 25 | $1.9B | $1.2B | ||
| Q1 25 | $1.9B | $1.2B | ||
| Q4 24 | $1.9B | $1.3B | ||
| Q3 24 | $2.0B | $1.2B | ||
| Q2 24 | $2.0B | $1.2B | ||
| Q1 24 | $2.0B | $1.2B |
| Q4 25 | $5.3B | $3.5B | ||
| Q3 25 | $5.4B | $3.4B | ||
| Q2 25 | $5.8B | $3.4B | ||
| Q1 25 | $5.9B | $3.3B | ||
| Q4 24 | $5.7B | $3.3B | ||
| Q3 24 | $6.0B | $3.3B | ||
| Q2 24 | $6.4B | $3.5B | ||
| Q1 24 | $6.5B | $3.1B |
| Q4 25 | 1.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.25× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $132.9M | $160.4M |
| Free Cash FlowOCF − Capex | $83.6M | $121.3M |
| FCF MarginFCF / Revenue | 6.3% | 16.8% |
| Capex IntensityCapex / Revenue | 3.7% | 5.4% |
| Cash ConversionOCF / Net Profit | 7.11× | 2.36× |
| TTM Free Cash FlowTrailing 4 quarters | $396.3M | $218.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $132.9M | $160.4M | ||
| Q3 25 | $140.4M | $105.0M | ||
| Q2 25 | $316.2M | $82.0M | ||
| Q1 25 | $-27.4M | $7.4M | ||
| Q4 24 | $306.4M | $174.7M | ||
| Q3 24 | $67.4M | $91.7M | ||
| Q2 24 | $211.0M | $83.0M | ||
| Q1 24 | $-153.4M | $2.7M |
| Q4 25 | $83.6M | $121.3M | ||
| Q3 25 | $106.5M | $65.3M | ||
| Q2 25 | $271.3M | $56.9M | ||
| Q1 25 | $-65.1M | $-24.8M | ||
| Q4 24 | $276.1M | $116.4M | ||
| Q3 24 | $31.4M | $67.2M | ||
| Q2 24 | $163.9M | $61.0M | ||
| Q1 24 | $-207.4M | $-21.5M |
| Q4 25 | 6.3% | 16.8% | ||
| Q3 25 | 7.8% | 9.4% | ||
| Q2 25 | 18.7% | 8.5% | ||
| Q1 25 | -5.3% | -4.0% | ||
| Q4 24 | 23.9% | 17.5% | ||
| Q3 24 | 2.5% | 10.3% | ||
| Q2 24 | 11.4% | 10.1% | ||
| Q1 24 | -15.2% | -4.0% |
| Q4 25 | 3.7% | 5.4% | ||
| Q3 25 | 2.5% | 5.7% | ||
| Q2 25 | 3.1% | 3.7% | ||
| Q1 25 | 3.1% | 5.2% | ||
| Q4 24 | 2.6% | 8.8% | ||
| Q3 24 | 2.8% | 3.7% | ||
| Q2 24 | 3.3% | 3.6% | ||
| Q1 24 | 4.0% | 4.5% |
| Q4 25 | 7.11× | 2.36× | ||
| Q3 25 | — | 1.85× | ||
| Q2 25 | 5.33× | 1.34× | ||
| Q1 25 | -1.36× | 0.14× | ||
| Q4 24 | — | 2.99× | ||
| Q3 24 | 1.51× | 1.71× | ||
| Q2 24 | 2.11× | 1.69× | ||
| Q1 24 | -2.26× | 0.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BC
| Engine Partsand Accessories | $532.4M | 40% |
| Navico Group | $452.9M | 34% |
| Recreational Fiberglass Boats | $111.6M | 8% |
| Saltwater Fishing Boats | $85.7M | 6% |
| Controls Riggingand Propellers | $78.3M | 6% |
| Business Acceleration | $48.1M | 4% |
| Sterndrive Engine | $32.6M | 2% |
BDC
| Automation Solutions Segment | $397.7M | 55% |
| Broadband Solutions | $164.8M | 23% |
| Smart Buildings Solutions | $157.7M | 22% |
