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Side-by-side financial comparison of BELDEN INC. (BDC) and Clear Channel Outdoor Holdings, Inc. (CCO). Click either name above to swap in a different company.

BELDEN INC. is the larger business by last-quarter revenue ($720.1M vs $461.5M, roughly 1.6× Clear Channel Outdoor Holdings, Inc.). BELDEN INC. runs the higher net margin — 9.4% vs 1.7%, a 7.7% gap on every dollar of revenue. On growth, Clear Channel Outdoor Holdings, Inc. posted the faster year-over-year revenue change (8.2% vs 8.1%). BELDEN INC. produced more free cash flow last quarter ($121.3M vs $30.3M). Over the past eight quarters, Clear Channel Outdoor Holdings, Inc.'s revenue compounded faster (18.8% CAGR vs 15.9%).

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.

Clear Channel Outdoor Holdings, Inc. is a multinational corporation focused on outdoor advertising. The company is based in San Antonio, Texas.

BDC vs CCO — Head-to-Head

Bigger by revenue
BDC
BDC
1.6× larger
BDC
$720.1M
$461.5M
CCO
Growing faster (revenue YoY)
CCO
CCO
+0.0% gap
CCO
8.2%
8.1%
BDC
Higher net margin
BDC
BDC
7.7% more per $
BDC
9.4%
1.7%
CCO
More free cash flow
BDC
BDC
$90.9M more FCF
BDC
$121.3M
$30.3M
CCO
Faster 2-yr revenue CAGR
CCO
CCO
Annualised
CCO
18.8%
15.9%
BDC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BDC
BDC
CCO
CCO
Revenue
$720.1M
$461.5M
Net Profit
$67.9M
$8.0M
Gross Margin
36.6%
Operating Margin
12.2%
23.3%
Net Margin
9.4%
1.7%
Revenue YoY
8.1%
8.2%
Net Profit YoY
16.3%
144.8%
EPS (diluted)
$1.70
$0.01

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
CCO
CCO
Q4 25
$720.1M
$461.5M
Q3 25
$698.2M
$405.6M
Q2 25
$672.0M
$402.8M
Q1 25
$624.9M
$334.2M
Q4 24
$666.0M
$426.7M
Q3 24
$654.9M
$375.2M
Q2 24
$604.3M
$376.5M
Q1 24
$535.7M
$326.8M
Net Profit
BDC
BDC
CCO
CCO
Q4 25
$67.9M
$8.0M
Q3 25
$56.7M
$-60.1M
Q2 25
$61.0M
$9.5M
Q1 25
$51.9M
$62.5M
Q4 24
$58.4M
$-17.9M
Q3 24
$53.7M
$-32.5M
Q2 24
$49.0M
$-39.2M
Q1 24
$37.3M
$-89.7M
Gross Margin
BDC
BDC
CCO
CCO
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 24
37.6%
Operating Margin
BDC
BDC
CCO
CCO
Q4 25
12.2%
23.3%
Q3 25
10.9%
19.9%
Q2 25
11.8%
19.2%
Q1 25
11.6%
13.5%
Q4 24
10.4%
23.5%
Q3 24
11.5%
17.8%
Q2 24
11.4%
18.2%
Q1 24
9.9%
13.4%
Net Margin
BDC
BDC
CCO
CCO
Q4 25
9.4%
1.7%
Q3 25
8.1%
-14.8%
Q2 25
9.1%
2.4%
Q1 25
8.3%
18.7%
Q4 24
8.8%
-4.2%
Q3 24
8.2%
-8.7%
Q2 24
8.1%
-10.4%
Q1 24
7.0%
-27.4%
EPS (diluted)
BDC
BDC
CCO
CCO
Q4 25
$1.70
$0.01
Q3 25
$1.41
$-0.12
Q2 25
$1.53
$0.02
Q1 25
$1.27
$0.13
Q4 24
$1.41
$-0.03
Q3 24
$1.30
$-0.07
Q2 24
$1.19
$-0.08
Q1 24
$0.90
$-0.19

Balance Sheet & Financial Strength

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

Metric
BDC
BDC
CCO
CCO
Cash + ST InvestmentsLiquidity on hand
$389.9M
$190.0M
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$1.3B
$-3.4B
Total Assets
$3.5B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDC
BDC
CCO
CCO
Q4 25
$389.9M
$190.0M
Q3 25
$314.3M
$155.0M
Q2 25
$301.5M
$138.6M
Q1 25
$259.0M
$395.8M
Q4 24
$370.3M
$109.7M
Q3 24
$323.0M
$201.1M
Q2 24
$564.8M
$189.3M
Q1 24
$506.8M
$193.2M
Total Debt
BDC
BDC
CCO
CCO
Q4 25
$5.1B
Q3 25
$5.1B
Q2 25
$5.1B
Q1 25
$5.3B
Q4 24
$5.7B
Q3 24
$5.7B
Q2 24
$5.7B
Q1 24
$5.7B
Stockholders' Equity
BDC
BDC
CCO
CCO
Q4 25
$1.3B
$-3.4B
Q3 25
$1.2B
$-3.5B
Q2 25
$1.2B
$-3.4B
Q1 25
$1.2B
$-3.4B
Q4 24
$1.3B
$-3.6B
Q3 24
$1.2B
$-3.6B
Q2 24
$1.2B
$-3.6B
Q1 24
$1.2B
$-3.5B
Total Assets
BDC
BDC
CCO
CCO
Q4 25
$3.5B
$3.8B
Q3 25
$3.4B
$3.8B
Q2 25
$3.4B
$3.8B
Q1 25
$3.3B
$4.0B
Q4 24
$3.3B
$4.8B
Q3 24
$3.3B
$4.6B
Q2 24
$3.5B
$4.5B
Q1 24
$3.1B
$4.6B

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
CCO
CCO
Operating Cash FlowLast quarter
$160.4M
$56.3M
Free Cash FlowOCF − Capex
$121.3M
$30.3M
FCF MarginFCF / Revenue
16.8%
6.6%
Capex IntensityCapex / Revenue
5.4%
5.6%
Cash ConversionOCF / Net Profit
2.36×
7.04×
TTM Free Cash FlowTrailing 4 quarters
$218.7M
$32.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDC
BDC
CCO
CCO
Q4 25
$160.4M
$56.3M
Q3 25
$105.0M
$56.2M
Q2 25
$82.0M
$-12.6M
Q1 25
$7.4M
$14.9M
Q4 24
$174.7M
$29.3M
Q3 24
$91.7M
$54.5M
Q2 24
$83.0M
$30.8M
Q1 24
$2.7M
$-34.8M
Free Cash Flow
BDC
BDC
CCO
CCO
Q4 25
$121.3M
$30.3M
Q3 25
$65.3M
$41.4M
Q2 25
$56.9M
$-29.2M
Q1 25
$-24.8M
$-10.6M
Q4 24
$116.4M
$-27.8M
Q3 24
$67.2M
$21.0M
Q2 24
$61.0M
$5.2M
Q1 24
$-21.5M
$-61.0M
FCF Margin
BDC
BDC
CCO
CCO
Q4 25
16.8%
6.6%
Q3 25
9.4%
10.2%
Q2 25
8.5%
-7.2%
Q1 25
-4.0%
-3.2%
Q4 24
17.5%
-6.5%
Q3 24
10.3%
5.6%
Q2 24
10.1%
1.4%
Q1 24
-4.0%
-18.7%
Capex Intensity
BDC
BDC
CCO
CCO
Q4 25
5.4%
5.6%
Q3 25
5.7%
3.7%
Q2 25
3.7%
4.1%
Q1 25
5.2%
7.6%
Q4 24
8.8%
13.4%
Q3 24
3.7%
8.9%
Q2 24
3.6%
6.8%
Q1 24
4.5%
8.0%
Cash Conversion
BDC
BDC
CCO
CCO
Q4 25
2.36×
7.04×
Q3 25
1.85×
Q2 25
1.34×
-1.32×
Q1 25
0.14×
0.24×
Q4 24
2.99×
Q3 24
1.71×
Q2 24
1.69×
Q1 24
0.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BDC
BDC

Automation Solutions Segment$397.7M55%
Broadband Solutions$164.8M23%
Smart Buildings Solutions$157.7M22%

CCO
CCO

Segment breakdown not available.

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