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

COMERICA INC is the larger business by last-quarter revenue ($838.0M vs $720.1M, roughly 1.2× BELDEN INC.). COMERICA INC runs the higher net margin — 21.0% vs 9.4%, a 11.6% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (8.1% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% 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.

Comerica Incorporated is an American financial services company, headquartered in Dallas, Texas. It is the parent of Comerica Bank, a regional commercial bank with 413 branches in the U.S. states of Texas, Michigan, California, Florida and Arizona. Comerica is among the largest U.S. financial holding companies, with offices in a number of U.S. cities.

BDC vs CMA — Head-to-Head

Bigger by revenue
CMA
CMA
1.2× larger
CMA
$838.0M
$720.1M
BDC
Growing faster (revenue YoY)
BDC
BDC
+4.8% gap
BDC
8.1%
3.3%
CMA
Higher net margin
CMA
CMA
11.6% more per $
CMA
21.0%
9.4%
BDC
Faster 2-yr revenue CAGR
CMA
CMA
Annualised
CMA
108.9%
15.9%
BDC

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BDC
BDC
CMA
CMA
Revenue
$720.1M
$838.0M
Net Profit
$67.9M
$176.0M
Gross Margin
36.6%
Operating Margin
12.2%
Net Margin
9.4%
21.0%
Revenue YoY
8.1%
3.3%
Net Profit YoY
16.3%
-4.3%
EPS (diluted)
$1.70
$1.35

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
CMA
CMA
Q4 25
$720.1M
Q3 25
$698.2M
$838.0M
Q2 25
$672.0M
$849.0M
Q1 25
$624.9M
$829.0M
Q4 24
$666.0M
$825.0M
Q3 24
$654.9M
$811.0M
Q2 24
$604.3M
$824.0M
Q1 24
$535.7M
$784.0M
Net Profit
BDC
BDC
CMA
CMA
Q4 25
$67.9M
Q3 25
$56.7M
$176.0M
Q2 25
$61.0M
$199.0M
Q1 25
$51.9M
$172.0M
Q4 24
$58.4M
$170.0M
Q3 24
$53.7M
$184.0M
Q2 24
$49.0M
$206.0M
Q1 24
$37.3M
$138.0M
Gross Margin
BDC
BDC
CMA
CMA
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
CMA
CMA
Q4 25
12.2%
Q3 25
10.9%
Q2 25
11.8%
Q1 25
11.6%
Q4 24
10.4%
Q3 24
11.5%
Q2 24
11.4%
Q1 24
9.9%
Net Margin
BDC
BDC
CMA
CMA
Q4 25
9.4%
Q3 25
8.1%
21.0%
Q2 25
9.1%
23.4%
Q1 25
8.3%
20.7%
Q4 24
8.8%
20.6%
Q3 24
8.2%
22.7%
Q2 24
8.1%
25.0%
Q1 24
7.0%
17.6%
EPS (diluted)
BDC
BDC
CMA
CMA
Q4 25
$1.70
Q3 25
$1.41
$1.35
Q2 25
$1.53
$1.42
Q1 25
$1.27
$1.25
Q4 24
$1.41
$1.22
Q3 24
$1.30
$1.33
Q2 24
$1.19
$1.49
Q1 24
$0.90
$0.98

Balance Sheet & Financial Strength

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

Metric
BDC
BDC
CMA
CMA
Cash + ST InvestmentsLiquidity on hand
$389.9M
Total DebtLower is stronger
$5.4B
Stockholders' EquityBook value
$1.3B
$7.4B
Total Assets
$3.5B
$77.4B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDC
BDC
CMA
CMA
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
Q1 24
$506.8M
Total Debt
BDC
BDC
CMA
CMA
Q4 25
Q3 25
$5.4B
Q2 25
$5.8B
Q1 25
$5.7B
Q4 24
$6.7B
Q3 24
$6.8B
Q2 24
$7.1B
Q1 24
$7.1B
Stockholders' Equity
BDC
BDC
CMA
CMA
Q4 25
$1.3B
Q3 25
$1.2B
$7.4B
Q2 25
$1.2B
$6.9B
Q1 25
$1.2B
$7.1B
Q4 24
$1.3B
$6.5B
Q3 24
$1.2B
$7.4B
Q2 24
$1.2B
$6.2B
Q1 24
$1.2B
$6.0B
Total Assets
BDC
BDC
CMA
CMA
Q4 25
$3.5B
Q3 25
$3.4B
$77.4B
Q2 25
$3.4B
$78.0B
Q1 25
$3.3B
$77.6B
Q4 24
$3.3B
$79.3B
Q3 24
$3.3B
$79.7B
Q2 24
$3.5B
$79.6B
Q1 24
$3.1B
$79.4B
Debt / Equity
BDC
BDC
CMA
CMA
Q4 25
Q3 25
0.73×
Q2 25
0.84×
Q1 25
0.81×
Q4 24
1.02×
Q3 24
0.92×
Q2 24
1.15×
Q1 24
1.18×

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
CMA
CMA
Operating Cash FlowLast quarter
$160.4M
$-270.0M
Free Cash FlowOCF − Capex
$121.3M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
5.4%
Cash ConversionOCF / Net Profit
2.36×
-1.53×
TTM Free Cash FlowTrailing 4 quarters
$218.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDC
BDC
CMA
CMA
Q4 25
$160.4M
Q3 25
$105.0M
$-270.0M
Q2 25
$82.0M
$476.0M
Q1 25
$7.4M
$273.0M
Q4 24
$174.7M
$601.0M
Q3 24
$91.7M
$1.0B
Q2 24
$83.0M
$111.0M
Q1 24
$2.7M
$-205.0M
Free Cash Flow
BDC
BDC
CMA
CMA
Q4 25
$121.3M
Q3 25
$65.3M
Q2 25
$56.9M
Q1 25
$-24.8M
Q4 24
$116.4M
Q3 24
$67.2M
Q2 24
$61.0M
Q1 24
$-21.5M
FCF Margin
BDC
BDC
CMA
CMA
Q4 25
16.8%
Q3 25
9.4%
Q2 25
8.5%
Q1 25
-4.0%
Q4 24
17.5%
Q3 24
10.3%
Q2 24
10.1%
Q1 24
-4.0%
Capex Intensity
BDC
BDC
CMA
CMA
Q4 25
5.4%
Q3 25
5.7%
Q2 25
3.7%
Q1 25
5.2%
Q4 24
8.8%
Q3 24
3.7%
Q2 24
3.6%
Q1 24
4.5%
Cash Conversion
BDC
BDC
CMA
CMA
Q4 25
2.36×
Q3 25
1.85×
-1.53×
Q2 25
1.34×
2.39×
Q1 25
0.14×
1.59×
Q4 24
2.99×
3.54×
Q3 24
1.71×
5.70×
Q2 24
1.69×
0.54×
Q1 24
0.07×
-1.49×

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%

CMA
CMA

Segment breakdown not available.

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