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Side-by-side financial comparison of BELDEN INC. (BDC) and EZCORP INC (EZPW). Click either name above to swap in a different company.
BELDEN INC. is the larger business by last-quarter revenue ($720.1M vs $382.0M, roughly 1.9× EZCORP INC). EZCORP INC runs the higher net margin — 11.6% vs 9.4%, a 2.2% gap on every dollar of revenue. On growth, EZCORP INC posted the faster year-over-year revenue change (19.3% vs 8.1%). BELDEN INC. produced more free cash flow last quarter ($121.3M vs $31.7M). Over the past eight quarters, BELDEN INC.'s revenue compounded faster (15.9% CAGR vs 15.6%).
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.
EZCORP, Inc. is an American pawn shop operator based in Austin, Texas which provides services across the United States and Latin America. It is a publicly traded company listed on the NASDAQ stock exchange and is the second largest pawn shop operator in the U.S. after Cash America International.
BDC vs EZPW — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $720.1M | $382.0M |
| Net Profit | $67.9M | $44.3M |
| Gross Margin | 36.6% | 58.4% |
| Operating Margin | 12.2% | 15.9% |
| Net Margin | 9.4% | 11.6% |
| Revenue YoY | 8.1% | 19.3% |
| Net Profit YoY | 16.3% | 42.8% |
| EPS (diluted) | $1.70 | $0.55 |
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 | $382.0M | ||
| Q3 25 | $698.2M | $336.8M | ||
| Q2 25 | $672.0M | $311.0M | ||
| Q1 25 | $624.9M | $306.3M | ||
| Q4 24 | $666.0M | $320.2M | ||
| Q3 24 | $654.9M | $294.6M | ||
| Q2 24 | $604.3M | $281.4M | ||
| Q1 24 | $535.7M | $285.6M |
| Q4 25 | $67.9M | $44.3M | ||
| Q3 25 | $56.7M | $26.7M | ||
| Q2 25 | $61.0M | $26.5M | ||
| Q1 25 | $51.9M | $25.4M | ||
| Q4 24 | $58.4M | $31.0M | ||
| Q3 24 | $53.7M | $15.2M | ||
| Q2 24 | $49.0M | $17.9M | ||
| Q1 24 | $37.3M | $21.5M |
| Q4 25 | 36.6% | 58.4% | ||
| Q3 25 | 37.7% | 59.0% | ||
| Q2 25 | 38.5% | 59.1% | ||
| Q1 25 | 39.3% | 58.3% | ||
| Q4 24 | 37.5% | 57.9% | ||
| Q3 24 | 37.3% | 59.5% | ||
| Q2 24 | 37.5% | 59.2% | ||
| Q1 24 | 37.6% | 58.7% |
| Q4 25 | 12.2% | 15.9% | ||
| Q3 25 | 10.9% | 11.0% | ||
| Q2 25 | 11.8% | 11.6% | ||
| Q1 25 | 11.6% | 11.2% | ||
| Q4 24 | 10.4% | 13.1% | ||
| Q3 24 | 11.5% | 8.8% | ||
| Q2 24 | 11.4% | 7.9% | ||
| Q1 24 | 9.9% | 9.6% |
| Q4 25 | 9.4% | 11.6% | ||
| Q3 25 | 8.1% | 7.9% | ||
| Q2 25 | 9.1% | 8.5% | ||
| Q1 25 | 8.3% | 8.3% | ||
| Q4 24 | 8.8% | 9.7% | ||
| Q3 24 | 8.2% | 5.2% | ||
| Q2 24 | 8.1% | 6.4% | ||
| Q1 24 | 7.0% | 7.5% |
| Q4 25 | $1.70 | $0.55 | ||
| Q3 25 | $1.41 | $0.35 | ||
| Q2 25 | $1.53 | $0.34 | ||
| Q1 25 | $1.27 | $0.33 | ||
| Q4 24 | $1.41 | $0.40 | ||
| Q3 24 | $1.30 | $0.20 | ||
| Q2 24 | $1.19 | $0.25 | ||
| Q1 24 | $0.90 | $0.29 |
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 | $465.9M |
| Total DebtLower is stronger | — | $518.6M |
| Stockholders' EquityBook value | $1.3B | $1.1B |
| Total Assets | $3.5B | $2.0B |
| Debt / EquityLower = less leverage | — | 0.48× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $389.9M | $465.9M | ||
| Q3 25 | $314.3M | $469.5M | ||
| Q2 25 | $301.5M | $472.1M | ||
| Q1 25 | $259.0M | $505.2M | ||
| Q4 24 | $370.3M | $174.5M | ||
| Q3 24 | $323.0M | $170.5M | ||
| Q2 24 | $564.8M | $218.0M | ||
| Q1 24 | $506.8M | $229.1M |
| Q4 25 | — | $518.6M | ||
| Q3 25 | — | $518.1M | ||
| Q2 25 | — | $517.6M | ||
| Q1 25 | — | $620.5M | ||
| Q4 24 | — | $327.7M | ||
| Q3 24 | — | $327.3M | ||
| Q2 24 | — | $361.3M | ||
| Q1 24 | — | $360.9M |
| Q4 25 | $1.3B | $1.1B | ||
| Q3 25 | $1.2B | $1.0B | ||
| Q2 25 | $1.2B | $990.1M | ||
| Q1 25 | $1.2B | $851.6M | ||
| Q4 24 | $1.3B | $823.9M | ||
| Q3 24 | $1.2B | $804.6M | ||
| Q2 24 | $1.2B | $801.5M | ||
| Q1 24 | $1.2B | $800.4M |
| Q4 25 | $3.5B | $2.0B | ||
| Q3 25 | $3.4B | $2.0B | ||
| Q2 25 | $3.4B | $1.9B | ||
| Q1 25 | $3.3B | $1.8B | ||
| Q4 24 | $3.3B | $1.5B | ||
| Q3 24 | $3.3B | $1.5B | ||
| Q2 24 | $3.5B | $1.5B | ||
| Q1 24 | $3.1B | $1.5B |
| Q4 25 | — | 0.48× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.73× | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | — | 0.45× | ||
| Q1 24 | — | 0.45× |
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 | $39.1M |
| Free Cash FlowOCF − Capex | $121.3M | $31.7M |
| FCF MarginFCF / Revenue | 16.8% | 8.3% |
| Capex IntensityCapex / Revenue | 5.4% | 2.0% |
| Cash ConversionOCF / Net Profit | 2.36× | 0.88× |
| TTM Free Cash FlowTrailing 4 quarters | $218.7M | $121.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $160.4M | $39.1M | ||
| Q3 25 | $105.0M | $51.3M | ||
| Q2 25 | $82.0M | $34.8M | ||
| Q1 25 | $7.4M | $36.9M | ||
| Q4 24 | $174.7M | $26.0M | ||
| Q3 24 | $91.7M | $43.3M | ||
| Q2 24 | $83.0M | $33.7M | ||
| Q1 24 | $2.7M | $15.1M |
| Q4 25 | $121.3M | $31.7M | ||
| Q3 25 | $65.3M | $35.7M | ||
| Q2 25 | $56.9M | $25.7M | ||
| Q1 25 | $-24.8M | $28.6M | ||
| Q4 24 | $116.4M | $20.4M | ||
| Q3 24 | $67.2M | $24.4M | ||
| Q2 24 | $61.0M | $30.5M | ||
| Q1 24 | $-21.5M | $8.6M |
| Q4 25 | 16.8% | 8.3% | ||
| Q3 25 | 9.4% | 10.6% | ||
| Q2 25 | 8.5% | 8.3% | ||
| Q1 25 | -4.0% | 9.3% | ||
| Q4 24 | 17.5% | 6.4% | ||
| Q3 24 | 10.3% | 8.3% | ||
| Q2 24 | 10.1% | 10.8% | ||
| Q1 24 | -4.0% | 3.0% |
| Q4 25 | 5.4% | 2.0% | ||
| Q3 25 | 5.7% | 4.6% | ||
| Q2 25 | 3.7% | 2.9% | ||
| Q1 25 | 5.2% | 2.7% | ||
| Q4 24 | 8.8% | 1.8% | ||
| Q3 24 | 3.7% | 6.4% | ||
| Q2 24 | 3.6% | 1.1% | ||
| Q1 24 | 4.5% | 2.3% |
| Q4 25 | 2.36× | 0.88× | ||
| Q3 25 | 1.85× | 1.92× | ||
| Q2 25 | 1.34× | 1.31× | ||
| Q1 25 | 0.14× | 1.45× | ||
| Q4 24 | 2.99× | 0.84× | ||
| Q3 24 | 1.71× | 2.85× | ||
| Q2 24 | 1.69× | 1.88× | ||
| Q1 24 | 0.07× | 0.70× |
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% |
EZPW
| Merchandise | $210.1M | 55% |
| Pawn Service | $131.9M | 35% |
| Jewelry Scrap | $39.9M | 10% |
