vs
Side-by-side financial comparison of BELDEN INC. (BDC) and CALERES INC (CAL). Click either name above to swap in a different company.
CALERES INC is the larger business by last-quarter revenue ($790.1M vs $720.1M, roughly 1.1× BELDEN INC.). BELDEN INC. runs the higher net margin — 9.4% vs 0.3%, a 9.1% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (8.1% vs 6.6%). BELDEN INC. produced more free cash flow last quarter ($121.3M vs $-12.4M). Over the past eight quarters, BELDEN INC.'s revenue compounded faster (15.9% CAGR vs 6.5%).
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.
Caleres Inc. is an American footwear company that owns and operates a variety of footwear brands. Its headquarters is located in Clayton, Missouri, a suburb of St. Louis. The company was founded in 1878 as Bryan, Brown & Company in St. Louis, though it underwent several name changes. The Hamilton-Brown Shoe Company was the largest manufacturer of shoes in America in the early 20th century, but it went bankrupt in June 1939.
BDC vs CAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $720.1M | $790.1M |
| Net Profit | $67.9M | $2.4M |
| Gross Margin | 36.6% | 41.8% |
| Operating Margin | 12.2% | 1.5% |
| Net Margin | 9.4% | 0.3% |
| Revenue YoY | 8.1% | 6.6% |
| Net Profit YoY | 16.3% | -94.2% |
| EPS (diluted) | $1.70 | $0.07 |
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 | $720.1M | $790.1M | ||
| Q3 25 | $698.2M | $658.5M | ||
| Q2 25 | $672.0M | $614.2M | ||
| Q1 25 | $624.9M | $639.2M | ||
| Q4 24 | $666.0M | $740.9M | ||
| Q3 24 | $654.9M | $683.3M | ||
| Q2 24 | $604.3M | $659.2M | ||
| Q1 24 | $535.7M | $697.1M |
| Q4 25 | $67.9M | $2.4M | ||
| Q3 25 | $56.7M | $6.7M | ||
| Q2 25 | $61.0M | $6.9M | ||
| Q1 25 | $51.9M | $4.9M | ||
| Q4 24 | $58.4M | $41.4M | ||
| Q3 24 | $53.7M | $30.0M | ||
| Q2 24 | $49.0M | $30.9M | ||
| Q1 24 | $37.3M | $55.7M |
| Q4 25 | 36.6% | 41.8% | ||
| Q3 25 | 37.7% | 43.4% | ||
| Q2 25 | 38.5% | 45.4% | ||
| Q1 25 | 39.3% | 43.0% | ||
| Q4 24 | 37.5% | 44.1% | ||
| Q3 24 | 37.3% | 45.5% | ||
| Q2 24 | 37.5% | 46.9% | ||
| Q1 24 | 37.6% | 43.9% |
| Q4 25 | 12.2% | 1.5% | ||
| Q3 25 | 10.9% | 1.4% | ||
| Q2 25 | 11.8% | 1.9% | ||
| Q1 25 | 11.6% | 1.2% | ||
| Q4 24 | 10.4% | 7.7% | ||
| Q3 24 | 11.5% | 6.2% | ||
| Q2 24 | 11.4% | 6.5% | ||
| Q1 24 | 9.9% | 4.4% |
| Q4 25 | 9.4% | 0.3% | ||
| Q3 25 | 8.1% | 1.0% | ||
| Q2 25 | 9.1% | 1.1% | ||
| Q1 25 | 8.3% | 0.8% | ||
| Q4 24 | 8.8% | 5.6% | ||
| Q3 24 | 8.2% | 4.4% | ||
| Q2 24 | 8.1% | 4.7% | ||
| Q1 24 | 7.0% | 8.0% |
| Q4 25 | $1.70 | $0.07 | ||
| Q3 25 | $1.41 | $0.20 | ||
| Q2 25 | $1.53 | $0.21 | ||
| Q1 25 | $1.27 | $0.17 | ||
| Q4 24 | $1.41 | $1.19 | ||
| Q3 24 | $1.30 | $0.85 | ||
| Q2 24 | $1.19 | $0.88 | ||
| Q1 24 | $0.90 | $1.56 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $389.9M | $34.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $616.8M |
| Total Assets | $3.5B | $2.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $389.9M | $34.0M | ||
| Q3 25 | $314.3M | $191.5M | ||
| Q2 25 | $301.5M | $33.1M | ||
| Q1 25 | $259.0M | $29.6M | ||
| Q4 24 | $370.3M | $33.7M | ||
| Q3 24 | $323.0M | $51.8M | ||
| Q2 24 | $564.8M | $30.7M | ||
| Q1 24 | $506.8M | $21.4M |
| Q4 25 | $1.3B | $616.8M | ||
| Q3 25 | $1.2B | $613.3M | ||
| Q2 25 | $1.2B | $605.2M | ||
| Q1 25 | $1.2B | $599.0M | ||
| Q4 24 | $1.3B | $598.3M | ||
| Q3 24 | $1.2B | $606.1M | ||
| Q2 24 | $1.2B | $570.3M | ||
| Q1 24 | $1.2B | $560.6M |
| Q4 25 | $3.5B | $2.1B | ||
| Q3 25 | $3.4B | $2.2B | ||
| Q2 25 | $3.4B | $1.9B | ||
| Q1 25 | $3.3B | $1.9B | ||
| Q4 24 | $3.3B | $2.0B | ||
| Q3 24 | $3.3B | $2.0B | ||
| Q2 24 | $3.5B | $1.9B | ||
| Q1 24 | $3.1B | $1.8B |
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 | $160.4M | $-1.2M |
| Free Cash FlowOCF − Capex | $121.3M | $-12.4M |
| FCF MarginFCF / Revenue | 16.8% | -1.6% |
| Capex IntensityCapex / Revenue | 5.4% | 1.4% |
| Cash ConversionOCF / Net Profit | 2.36× | -0.50× |
| TTM Free Cash FlowTrailing 4 quarters | $218.7M | $14.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $160.4M | $-1.2M | ||
| Q3 25 | $105.0M | $47.3M | ||
| Q2 25 | $82.0M | $-5.7M | ||
| Q1 25 | $7.4M | $28.7M | ||
| Q4 24 | $174.7M | $-39.8M | ||
| Q3 24 | $91.7M | $79.6M | ||
| Q2 24 | $83.0M | $36.1M | ||
| Q1 24 | $2.7M | $43.0M |
| Q4 25 | $121.3M | $-12.4M | ||
| Q3 25 | $65.3M | $35.0M | ||
| Q2 25 | $56.9M | $-26.2M | ||
| Q1 25 | $-24.8M | $18.0M | ||
| Q4 24 | $116.4M | $-57.4M | ||
| Q3 24 | $67.2M | $68.5M | ||
| Q2 24 | $61.0M | $26.3M | ||
| Q1 24 | $-21.5M | $32.4M |
| Q4 25 | 16.8% | -1.6% | ||
| Q3 25 | 9.4% | 5.3% | ||
| Q2 25 | 8.5% | -4.3% | ||
| Q1 25 | -4.0% | 2.8% | ||
| Q4 24 | 17.5% | -7.7% | ||
| Q3 24 | 10.3% | 10.0% | ||
| Q2 24 | 10.1% | 4.0% | ||
| Q1 24 | -4.0% | 4.6% |
| Q4 25 | 5.4% | 1.4% | ||
| Q3 25 | 5.7% | 1.9% | ||
| Q2 25 | 3.7% | 3.3% | ||
| Q1 25 | 5.2% | 1.7% | ||
| Q4 24 | 8.8% | 2.4% | ||
| Q3 24 | 3.7% | 1.6% | ||
| Q2 24 | 3.6% | 1.5% | ||
| Q1 24 | 4.5% | 1.5% |
| Q4 25 | 2.36× | -0.50× | ||
| Q3 25 | 1.85× | 7.05× | ||
| Q2 25 | 1.34× | -0.81× | ||
| Q1 25 | 0.14× | 5.82× | ||
| Q4 24 | 2.99× | -0.96× | ||
| Q3 24 | 1.71× | 2.66× | ||
| Q2 24 | 1.69× | 1.17× | ||
| Q1 24 | 0.07× | 0.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
| Automation Solutions Segment | $397.7M | 55% |
| Broadband Solutions | $164.8M | 23% |
| Smart Buildings Solutions | $157.7M | 22% |
CAL
| Brand Portfolio | $383.7M | 49% |
| Landed Wholesale | $148.1M | 19% |
| Wholesale E Commerce | $75.0M | 9% |
| Ecommerce | $68.8M | 9% |
| Stuart Weitzman Brand | $45.8M | 6% |
| Landed Wholesale Ecommerce Drop Ship | $30.6M | 4% |
| First Cost Wholesale | $14.9M | 2% |
| Clt Brand Solutions | $10.2M | 1% |
| License And Royalty | $2.1M | 0% |
