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Side-by-side financial comparison of BELDEN INC. (BDC) and Everus Construction Group, Inc. (ECG). Click either name above to swap in a different company.

Everus Construction Group, Inc. is the larger business by last-quarter revenue ($1.0B vs $720.1M, roughly 1.4× BELDEN INC.). BELDEN INC. runs the higher net margin — 9.4% vs 5.5%, a 4.0% gap on every dollar of revenue. On growth, Everus Construction Group, Inc. posted the faster year-over-year revenue change (33.2% vs 8.1%). BELDEN INC. produced more free cash flow last quarter ($121.3M vs $23.5M). Over the past eight quarters, Everus Construction Group, Inc.'s revenue compounded faster (27.1% 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.

BDC vs ECG — Head-to-Head

Bigger by revenue
ECG
ECG
1.4× larger
ECG
$1.0B
$720.1M
BDC
Growing faster (revenue YoY)
ECG
ECG
+25.0% gap
ECG
33.2%
8.1%
BDC
Higher net margin
BDC
BDC
4.0% more per $
BDC
9.4%
5.5%
ECG
More free cash flow
BDC
BDC
$97.8M more FCF
BDC
$121.3M
$23.5M
ECG
Faster 2-yr revenue CAGR
ECG
ECG
Annualised
ECG
27.1%
15.9%
BDC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BDC
BDC
ECG
ECG
Revenue
$720.1M
$1.0B
Net Profit
$67.9M
$55.3M
Gross Margin
36.6%
11.6%
Operating Margin
12.2%
6.8%
Net Margin
9.4%
5.5%
Revenue YoY
8.1%
33.2%
Net Profit YoY
16.3%
60.4%
EPS (diluted)
$1.70
$1.09

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
ECG
ECG
Q4 25
$720.1M
$1.0B
Q3 25
$698.2M
$986.8M
Q2 25
$672.0M
$921.5M
Q1 25
$624.9M
$826.6M
Q4 24
$666.0M
$759.6M
Q3 24
$654.9M
$761.0M
Q2 24
$604.3M
$703.4M
Q1 24
$535.7M
$625.7M
Net Profit
BDC
BDC
ECG
ECG
Q4 25
$67.9M
$55.3M
Q3 25
$56.7M
$57.0M
Q2 25
$61.0M
$52.8M
Q1 25
$51.9M
$36.7M
Q4 24
$58.4M
$34.5M
Q3 24
$53.7M
$41.8M
Q2 24
$49.0M
$39.0M
Q1 24
$37.3M
$28.2M
Gross Margin
BDC
BDC
ECG
ECG
Q4 25
36.6%
11.6%
Q3 25
37.7%
12.6%
Q2 25
38.5%
13.0%
Q1 25
39.3%
11.2%
Q4 24
37.5%
11.4%
Q3 24
37.3%
11.8%
Q2 24
37.5%
12.6%
Q1 24
37.6%
11.9%
Operating Margin
BDC
BDC
ECG
ECG
Q4 25
12.2%
6.8%
Q3 25
10.9%
7.3%
Q2 25
11.8%
7.9%
Q1 25
11.6%
6.2%
Q4 24
10.4%
6.1%
Q3 24
11.5%
7.1%
Q2 24
11.4%
7.3%
Q1 24
9.9%
6.2%
Net Margin
BDC
BDC
ECG
ECG
Q4 25
9.4%
5.5%
Q3 25
8.1%
5.8%
Q2 25
9.1%
5.7%
Q1 25
8.3%
4.4%
Q4 24
8.8%
4.5%
Q3 24
8.2%
5.5%
Q2 24
8.1%
5.5%
Q1 24
7.0%
4.5%
EPS (diluted)
BDC
BDC
ECG
ECG
Q4 25
$1.70
$1.09
Q3 25
$1.41
$1.11
Q2 25
$1.53
$1.03
Q1 25
$1.27
$0.72
Q4 24
$1.41
$0.68
Q3 24
$1.30
$0.82
Q2 24
$1.19
$0.76
Q1 24
$0.90
$0.55

Balance Sheet & Financial Strength

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

Metric
BDC
BDC
ECG
ECG
Cash + ST InvestmentsLiquidity on hand
$389.9M
Total DebtLower is stronger
$281.5M
Stockholders' EquityBook value
$1.3B
$629.8M
Total Assets
$3.5B
$1.7B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDC
BDC
ECG
ECG
Q4 25
$389.9M
Q3 25
$314.3M
Q2 25
$301.5M
Q1 25
$259.0M
Q4 24
$370.3M
Q3 24
$323.0M
$553.0K
Q2 24
$564.8M
Q1 24
$506.8M
Total Debt
BDC
BDC
ECG
ECG
Q4 25
$281.5M
Q3 25
$285.1M
Q2 25
$288.6M
Q1 25
$292.1M
Q4 24
$295.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BDC
BDC
ECG
ECG
Q4 25
$1.3B
$629.8M
Q3 25
$1.2B
$573.0M
Q2 25
$1.2B
$514.4M
Q1 25
$1.2B
$460.2M
Q4 24
$1.3B
$422.6M
Q3 24
$1.2B
$453.3M
Q2 24
$1.2B
$490.0M
Q1 24
$1.2B
$464.3M
Total Assets
BDC
BDC
ECG
ECG
Q4 25
$3.5B
$1.7B
Q3 25
$3.4B
$1.6B
Q2 25
$3.4B
$1.5B
Q1 25
$3.3B
$1.4B
Q4 24
$3.3B
$1.3B
Q3 24
$3.3B
$1.3B
Q2 24
$3.5B
Q1 24
$3.1B
Debt / Equity
BDC
BDC
ECG
ECG
Q4 25
0.45×
Q3 25
0.50×
Q2 25
0.56×
Q1 25
0.63×
Q4 24
0.70×
Q3 24
Q2 24
Q1 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
ECG
ECG
Operating Cash FlowLast quarter
$160.4M
$48.2M
Free Cash FlowOCF − Capex
$121.3M
$23.5M
FCF MarginFCF / Revenue
16.8%
2.3%
Capex IntensityCapex / Revenue
5.4%
2.4%
Cash ConversionOCF / Net Profit
2.36×
0.87×
TTM Free Cash FlowTrailing 4 quarters
$218.7M
$90.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDC
BDC
ECG
ECG
Q4 25
$160.4M
$48.2M
Q3 25
$105.0M
$76.2M
Q2 25
$82.0M
$25.3M
Q1 25
$7.4M
$7.1M
Q4 24
$174.7M
Q3 24
$91.7M
$78.9M
Q2 24
$83.0M
Q1 24
$2.7M
$21.9M
Free Cash Flow
BDC
BDC
ECG
ECG
Q4 25
$121.3M
$23.5M
Q3 25
$65.3M
$65.7M
Q2 25
$56.9M
$12.3M
Q1 25
$-24.8M
$-11.4M
Q4 24
$116.4M
Q3 24
$67.2M
$60.9M
Q2 24
$61.0M
Q1 24
$-21.5M
$12.6M
FCF Margin
BDC
BDC
ECG
ECG
Q4 25
16.8%
2.3%
Q3 25
9.4%
6.7%
Q2 25
8.5%
1.3%
Q1 25
-4.0%
-1.4%
Q4 24
17.5%
Q3 24
10.3%
8.0%
Q2 24
10.1%
Q1 24
-4.0%
2.0%
Capex Intensity
BDC
BDC
ECG
ECG
Q4 25
5.4%
2.4%
Q3 25
5.7%
1.1%
Q2 25
3.7%
1.4%
Q1 25
5.2%
2.2%
Q4 24
8.8%
Q3 24
3.7%
2.4%
Q2 24
3.6%
Q1 24
4.5%
1.5%
Cash Conversion
BDC
BDC
ECG
ECG
Q4 25
2.36×
0.87×
Q3 25
1.85×
1.34×
Q2 25
1.34×
0.48×
Q1 25
0.14×
0.19×
Q4 24
2.99×
Q3 24
1.71×
1.89×
Q2 24
1.69×
Q1 24
0.07×
0.77×

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%

ECG
ECG

Commercial$594.5M59%
Utility$203.5M20%
Industrial$82.8M8%
Institutional$66.1M7%
Service And Other$28.4M3%
Transportation$24.2M2%
Renewables$19.8M2%

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