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Side-by-side financial comparison of BELDEN INC. (BDC) and BOK FINANCIAL CORP (BOKF). Click either name above to swap in a different company.

BELDEN INC. is the larger business by last-quarter revenue ($696.4M vs $589.6M, roughly 1.2× BOK FINANCIAL CORP). BOK FINANCIAL CORP runs the higher net margin — 30.1% vs 7.3%, a 22.7% gap on every dollar of revenue. On growth, BOK FINANCIAL CORP posted the faster year-over-year revenue change (12.7% vs 11.4%). BOK FINANCIAL CORP produced more free cash flow last quarter ($575.2M vs $-63.1M). Over the past eight quarters, BOK FINANCIAL CORP's revenue compounded faster (13.8% CAGR vs 7.3%).

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.

BOK Financial Corporation — pronounced as letters, "B-O-K" — is a financial services holding company headquartered in Tulsa, Oklahoma. Offering a full complement of retail and commercial banking products and services across the American Midwest and Southwest, the company is one of the 50 largest financial services firms in the U.S., and the largest in Oklahoma.

BDC vs BOKF — Head-to-Head

Bigger by revenue
BDC
BDC
1.2× larger
BDC
$696.4M
$589.6M
BOKF
Growing faster (revenue YoY)
BOKF
BOKF
+1.3% gap
BOKF
12.7%
11.4%
BDC
Higher net margin
BOKF
BOKF
22.7% more per $
BOKF
30.1%
7.3%
BDC
More free cash flow
BOKF
BOKF
$638.3M more FCF
BOKF
$575.2M
$-63.1M
BDC
Faster 2-yr revenue CAGR
BOKF
BOKF
Annualised
BOKF
13.8%
7.3%
BDC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BDC
BDC
BOKF
BOKF
Revenue
$696.4M
$589.6M
Net Profit
$51.0M
$177.3M
Gross Margin
37.1%
Operating Margin
11.2%
38.8%
Net Margin
7.3%
30.1%
Revenue YoY
11.4%
12.7%
Net Profit YoY
-1.8%
30.2%
EPS (diluted)
$1.30
$2.90

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.

Revenue
BDC
BDC
BOKF
BOKF
Q1 26
$696.4M
Q4 25
$720.1M
$589.6M
Q3 25
$698.2M
$548.4M
Q2 25
$672.0M
$535.3M
Q1 25
$624.9M
$502.3M
Q4 24
$666.0M
$523.1M
Q3 24
$654.9M
$516.3M
Q2 24
$604.3M
$555.7M
Net Profit
BDC
BDC
BOKF
BOKF
Q1 26
$51.0M
Q4 25
$67.9M
$177.3M
Q3 25
$56.7M
$140.9M
Q2 25
$61.0M
$140.0M
Q1 25
$51.9M
$119.8M
Q4 24
$58.4M
$136.2M
Q3 24
$53.7M
$140.0M
Q2 24
$49.0M
$163.7M
Gross Margin
BDC
BDC
BOKF
BOKF
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%
Operating Margin
BDC
BDC
BOKF
BOKF
Q1 26
11.2%
Q4 25
12.2%
38.8%
Q3 25
10.9%
32.2%
Q2 25
11.8%
33.8%
Q1 25
11.6%
30.8%
Q4 24
10.4%
33.5%
Q3 24
11.5%
33.6%
Q2 24
11.4%
38.0%
Net Margin
BDC
BDC
BOKF
BOKF
Q1 26
7.3%
Q4 25
9.4%
30.1%
Q3 25
8.1%
25.7%
Q2 25
9.1%
26.2%
Q1 25
8.3%
23.8%
Q4 24
8.8%
26.0%
Q3 24
8.2%
27.1%
Q2 24
8.1%
29.5%
EPS (diluted)
BDC
BDC
BOKF
BOKF
Q1 26
$1.30
Q4 25
$1.70
$2.90
Q3 25
$1.41
$2.22
Q2 25
$1.53
$2.19
Q1 25
$1.27
$1.86
Q4 24
$1.41
$2.13
Q3 24
$1.30
$2.18
Q2 24
$1.19
$2.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BDC
BDC
BOKF
BOKF
Cash + ST InvestmentsLiquidity on hand
$272.2M
Total DebtLower is stronger
$1.3B
$4.6B
Stockholders' EquityBook value
$1.3B
$5.9B
Total Assets
$52.2B
Debt / EquityLower = less leverage
0.98×
0.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDC
BDC
BOKF
BOKF
Q1 26
$272.2M
Q4 25
$389.9M
Q3 25
$314.3M
Q2 25
$301.5M
Q1 25
$259.0M
Q4 24
$370.3M
Q3 24
$323.0M
Q2 24
$564.8M
Total Debt
BDC
BDC
BOKF
BOKF
Q1 26
$1.3B
Q4 25
$4.6B
Q3 25
Q2 25
Q1 25
Q4 24
$4.5B
Q3 24
Q2 24
Stockholders' Equity
BDC
BDC
BOKF
BOKF
Q1 26
$1.3B
Q4 25
$1.3B
$5.9B
Q3 25
$1.2B
$6.0B
Q2 25
$1.2B
$5.9B
Q1 25
$1.2B
$5.8B
Q4 24
$1.3B
$5.5B
Q3 24
$1.2B
$5.6B
Q2 24
$1.2B
$5.2B
Total Assets
BDC
BDC
BOKF
BOKF
Q1 26
Q4 25
$3.5B
$52.2B
Q3 25
$3.4B
$50.2B
Q2 25
$3.4B
$51.0B
Q1 25
$3.3B
$50.5B
Q4 24
$3.3B
$49.7B
Q3 24
$3.3B
$50.1B
Q2 24
$3.5B
$50.4B
Debt / Equity
BDC
BDC
BOKF
BOKF
Q1 26
0.98×
Q4 25
0.78×
Q3 25
Q2 25
Q1 25
Q4 24
0.80×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BDC
BDC
BOKF
BOKF
Operating Cash FlowLast quarter
$739.6M
Free Cash FlowOCF − Capex
$-63.1M
$575.2M
FCF MarginFCF / Revenue
-9.1%
97.6%
Capex IntensityCapex / Revenue
6.4%
27.9%
Cash ConversionOCF / Net Profit
4.17×
TTM Free Cash FlowTrailing 4 quarters
$180.4M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDC
BDC
BOKF
BOKF
Q1 26
Q4 25
$160.4M
$739.6M
Q3 25
$105.0M
$867.8M
Q2 25
$82.0M
$89.4M
Q1 25
$7.4M
$20.3M
Q4 24
$174.7M
$1.4B
Q3 24
$91.7M
$246.7M
Q2 24
$83.0M
$463.5M
Free Cash Flow
BDC
BDC
BOKF
BOKF
Q1 26
$-63.1M
Q4 25
$121.3M
$575.2M
Q3 25
$65.3M
$838.5M
Q2 25
$56.9M
$60.8M
Q1 25
$-24.8M
$-28.0M
Q4 24
$116.4M
$1.3B
Q3 24
$67.2M
$209.5M
Q2 24
$61.0M
$417.2M
FCF Margin
BDC
BDC
BOKF
BOKF
Q1 26
-9.1%
Q4 25
16.8%
97.6%
Q3 25
9.4%
152.9%
Q2 25
8.5%
11.4%
Q1 25
-4.0%
-5.6%
Q4 24
17.5%
240.7%
Q3 24
10.3%
40.6%
Q2 24
10.1%
75.1%
Capex Intensity
BDC
BDC
BOKF
BOKF
Q1 26
6.4%
Q4 25
5.4%
27.9%
Q3 25
5.7%
5.3%
Q2 25
3.7%
5.3%
Q1 25
5.2%
9.6%
Q4 24
8.8%
32.8%
Q3 24
3.7%
7.2%
Q2 24
3.6%
8.3%
Cash Conversion
BDC
BDC
BOKF
BOKF
Q1 26
Q4 25
2.36×
4.17×
Q3 25
1.85×
6.16×
Q2 25
1.34×
0.64×
Q1 25
0.14×
0.17×
Q4 24
2.99×
10.51×
Q3 24
1.71×
1.76×
Q2 24
1.69×
2.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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