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Side-by-side financial comparison of BELDEN INC. (BDC) and CBIZ, Inc. (CBZ). Click either name above to swap in a different company.
CBIZ, Inc. is the larger business by last-quarter revenue ($848.6M vs $696.4M, roughly 1.2× BELDEN INC.). CBIZ, Inc. runs the higher net margin — 19.0% vs 7.3%, a 11.7% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (11.4% vs 1.3%). CBIZ, Inc. produced more free cash flow last quarter ($-28.5M vs $-63.1M). Over the past eight quarters, CBIZ, Inc.'s revenue compounded faster (42.1% 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.
CBIZ, Inc. is a national provider of financial, insurance and advisory services headquartered in Independence, Ohio. CBIZ is one of the largest accounting, insurance brokerage, financial and advisory services providers in the United States with more than 120 offices and nearly 7,000 employees. Its common stock has been traded on the New York Stock Exchange since 1996, under the symbol "CBZ" since 1997.
BDC vs CBZ — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $696.4M | $848.6M |
| Net Profit | $51.0M | $161.6M |
| Gross Margin | 37.1% | — |
| Operating Margin | 11.2% | 23.2% |
| Net Margin | 7.3% | 19.0% |
| Revenue YoY | 11.4% | 1.3% |
| Net Profit YoY | -1.8% | — |
| EPS (diluted) | $1.30 | $2.63 |
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 | $848.6M | ||
| Q4 25 | $720.1M | $542.7M | ||
| Q3 25 | $698.2M | $693.8M | ||
| Q2 25 | $672.0M | $683.5M | ||
| Q1 25 | $624.9M | $838.0M | ||
| Q4 24 | $666.0M | $460.3M | ||
| Q3 24 | $654.9M | $438.9M | ||
| Q2 24 | $604.3M | $420.0M |
| Q1 26 | $51.0M | $161.6M | ||
| Q4 25 | $67.9M | $-79.4M | ||
| Q3 25 | $56.7M | $30.1M | ||
| Q2 25 | $61.0M | $41.9M | ||
| Q1 25 | $51.9M | $122.8M | ||
| Q4 24 | $58.4M | $-90.7M | ||
| Q3 24 | $53.7M | $35.1M | ||
| Q2 24 | $49.0M | $19.8M |
| Q1 26 | 37.1% | — | ||
| Q4 25 | 36.6% | -9.4% | ||
| Q3 25 | 37.7% | 13.0% | ||
| Q2 25 | 38.5% | 12.9% | ||
| Q1 25 | 39.3% | 27.2% | ||
| Q4 24 | 37.5% | -13.4% | ||
| Q3 24 | 37.3% | 16.6% | ||
| Q2 24 | 37.5% | 12.8% |
| Q1 26 | 11.2% | 23.2% | ||
| Q4 25 | 12.2% | -15.7% | ||
| Q3 25 | 10.9% | 8.5% | ||
| Q2 25 | 11.8% | 8.8% | ||
| Q1 25 | 11.6% | 23.9% | ||
| Q4 24 | 10.4% | -23.2% | ||
| Q3 24 | 11.5% | 11.3% | ||
| Q2 24 | 11.4% | 7.5% |
| Q1 26 | 7.3% | 19.0% | ||
| Q4 25 | 9.4% | -14.6% | ||
| Q3 25 | 8.1% | 4.3% | ||
| Q2 25 | 9.1% | 6.1% | ||
| Q1 25 | 8.3% | 14.7% | ||
| Q4 24 | 8.8% | -19.7% | ||
| Q3 24 | 8.2% | 8.0% | ||
| Q2 24 | 8.1% | 4.7% |
| Q1 26 | $1.30 | $2.63 | ||
| Q4 25 | $1.70 | $-1.22 | ||
| Q3 25 | $1.41 | $0.48 | ||
| Q2 25 | $1.53 | $0.66 | ||
| Q1 25 | $1.27 | $1.91 | ||
| Q4 24 | $1.41 | $-1.84 | ||
| Q3 24 | $1.30 | $0.70 | ||
| Q2 24 | $1.19 | $0.39 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $272.2M | $28.7M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $1.3B | $1.9B |
| Total Assets | — | $4.6B |
| Debt / EquityLower = less leverage | 0.98× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $272.2M | $28.7M | ||
| Q4 25 | $389.9M | $18.3M | ||
| Q3 25 | $314.3M | $17.0M | ||
| Q2 25 | $301.5M | $39.8M | ||
| Q1 25 | $259.0M | $8.8M | ||
| Q4 24 | $370.3M | $13.8M | ||
| Q3 24 | $323.0M | $1.1M | ||
| Q2 24 | $564.8M | $1.1M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.3B | $1.9B | ||
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $1.2B | $1.9B | ||
| Q2 25 | $1.2B | $1.9B | ||
| Q1 25 | $1.2B | $1.9B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.2B | $927.9M | ||
| Q2 24 | $1.2B | $891.4M |
| Q1 26 | — | $4.6B | ||
| Q4 25 | $3.5B | $4.4B | ||
| Q3 25 | $3.4B | $4.5B | ||
| Q2 25 | $3.4B | $4.5B | ||
| Q1 25 | $3.3B | $4.6B | ||
| Q4 24 | $3.3B | $4.5B | ||
| Q3 24 | $3.3B | $2.1B | ||
| Q2 24 | $3.5B | $2.2B |
| Q1 26 | 0.98× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $-25.5M |
| Free Cash FlowOCF − Capex | $-63.1M | $-28.5M |
| FCF MarginFCF / Revenue | -9.1% | -3.4% |
| Capex IntensityCapex / Revenue | 6.4% | — |
| Cash ConversionOCF / Net Profit | — | -0.16× |
| TTM Free Cash FlowTrailing 4 quarters | $180.4M | $240.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $-25.5M | ||
| Q4 25 | $160.4M | $143.6M | ||
| Q3 25 | $105.0M | $24.0M | ||
| Q2 25 | $82.0M | $113.1M | ||
| Q1 25 | $7.4M | $-88.3M | ||
| Q4 24 | $174.7M | $55.5M | ||
| Q3 24 | $91.7M | $43.7M | ||
| Q2 24 | $83.0M | $88.2M |
| Q1 26 | $-63.1M | $-28.5M | ||
| Q4 25 | $121.3M | $141.7M | ||
| Q3 25 | $65.3M | $22.1M | ||
| Q2 25 | $56.9M | $105.2M | ||
| Q1 25 | $-24.8M | $-93.4M | ||
| Q4 24 | $116.4M | $52.3M | ||
| Q3 24 | $67.2M | $41.1M | ||
| Q2 24 | $61.0M | $86.3M |
| Q1 26 | -9.1% | -3.4% | ||
| Q4 25 | 16.8% | 26.1% | ||
| Q3 25 | 9.4% | 3.2% | ||
| Q2 25 | 8.5% | 15.4% | ||
| Q1 25 | -4.0% | -11.2% | ||
| Q4 24 | 17.5% | 11.4% | ||
| Q3 24 | 10.3% | 9.4% | ||
| Q2 24 | 10.1% | 20.5% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 5.4% | 0.4% | ||
| Q3 25 | 5.7% | 0.3% | ||
| Q2 25 | 3.7% | 1.2% | ||
| Q1 25 | 5.2% | 0.6% | ||
| Q4 24 | 8.8% | 0.7% | ||
| Q3 24 | 3.7% | 0.6% | ||
| Q2 24 | 3.6% | 0.4% |
| Q1 26 | — | -0.16× | ||
| Q4 25 | 2.36× | — | ||
| Q3 25 | 1.85× | 0.79× | ||
| Q2 25 | 1.34× | 2.70× | ||
| Q1 25 | 0.14× | -0.72× | ||
| Q4 24 | 2.99× | — | ||
| Q3 24 | 1.71× | 1.25× | ||
| Q2 24 | 1.69× | 4.45× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
Segment breakdown not available.
CBZ
| Financial Services (1) | $740.3M | 87% |
| Benefits and Insurance Services | $108.2M | 13% |