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Side-by-side financial comparison of BELDEN INC. (BDC) and GRACO INC (GGG). Click either name above to swap in a different company.
BELDEN INC. is the larger business by last-quarter revenue ($696.4M vs $593.2M, roughly 1.2× GRACO INC). GRACO INC runs the higher net margin — 22.3% vs 7.3%, a 15.0% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (11.4% vs 8.1%). GRACO INC produced more free cash flow last quarter ($184.3M vs $-63.1M). Over the past eight quarters, GRACO INC's revenue compounded faster (9.8% 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.
Graco Inc. is an American industrial company that specializes in the development and manufacturing of fluid-handling systems and products. The company is headquartered in Minneapolis, Minnesota, and markets its products to customers worldwide.
BDC vs GGG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $696.4M | $593.2M |
| Net Profit | $51.0M | $132.5M |
| Gross Margin | 37.1% | 51.7% |
| Operating Margin | 11.2% | 26.7% |
| Net Margin | 7.3% | 22.3% |
| Revenue YoY | 11.4% | 8.1% |
| Net Profit YoY | -1.8% | 21.9% |
| EPS (diluted) | $1.30 | $0.78 |
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 | — | ||
| Q4 25 | $720.1M | $593.2M | ||
| Q3 25 | $698.2M | $543.4M | ||
| Q2 25 | $672.0M | $571.8M | ||
| Q1 25 | $624.9M | $528.3M | ||
| Q4 24 | $666.0M | $548.7M | ||
| Q3 24 | $654.9M | $519.2M | ||
| Q2 24 | $604.3M | $553.2M |
| Q1 26 | $51.0M | — | ||
| Q4 25 | $67.9M | $132.5M | ||
| Q3 25 | $56.7M | $137.6M | ||
| Q2 25 | $61.0M | $127.6M | ||
| Q1 25 | $51.9M | $124.1M | ||
| Q4 24 | $58.4M | $108.7M | ||
| Q3 24 | $53.7M | $122.2M | ||
| Q2 24 | $49.0M | $133.0M |
| Q1 26 | 37.1% | — | ||
| Q4 25 | 36.6% | 51.7% | ||
| Q3 25 | 37.7% | 53.2% | ||
| Q2 25 | 38.5% | 52.4% | ||
| Q1 25 | 39.3% | 52.6% | ||
| Q4 24 | 37.5% | 50.9% | ||
| Q3 24 | 37.3% | 53.2% | ||
| Q2 24 | 37.5% | 54.4% |
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.2% | 26.7% | ||
| Q3 25 | 10.9% | 30.3% | ||
| Q2 25 | 11.8% | 27.5% | ||
| Q1 25 | 11.6% | 27.3% | ||
| Q4 24 | 10.4% | 23.7% | ||
| Q3 24 | 11.5% | 28.1% | ||
| Q2 24 | 11.4% | 29.2% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 9.4% | 22.3% | ||
| Q3 25 | 8.1% | 25.3% | ||
| Q2 25 | 9.1% | 22.3% | ||
| Q1 25 | 8.3% | 23.5% | ||
| Q4 24 | 8.8% | 19.8% | ||
| Q3 24 | 8.2% | 23.5% | ||
| Q2 24 | 8.1% | 24.0% |
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.70 | $0.78 | ||
| Q3 25 | $1.41 | $0.82 | ||
| Q2 25 | $1.53 | $0.76 | ||
| Q1 25 | $1.27 | $0.72 | ||
| Q4 24 | $1.41 | $0.63 | ||
| Q3 24 | $1.30 | $0.71 | ||
| Q2 24 | $1.19 | $0.77 |
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 | $624.1M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $1.3B | $2.7B |
| Total Assets | — | $3.3B |
| Debt / EquityLower = less leverage | 0.98× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $272.2M | — | ||
| Q4 25 | $389.9M | $624.1M | ||
| Q3 25 | $314.3M | $618.7M | ||
| Q2 25 | $301.5M | $534.9M | ||
| Q1 25 | $259.0M | $536.1M | ||
| Q4 24 | $370.3M | $675.3M | ||
| Q3 24 | $323.0M | $764.5M | ||
| Q2 24 | $564.8M | $666.0M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $2.7B | ||
| Q3 25 | $1.2B | $2.6B | ||
| Q2 25 | $1.2B | $2.5B | ||
| Q1 25 | $1.2B | $2.5B | ||
| Q4 24 | $1.3B | $2.6B | ||
| Q3 24 | $1.2B | $2.5B | ||
| Q2 24 | $1.2B | $2.4B |
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $3.3B | ||
| Q3 25 | $3.4B | $3.2B | ||
| Q2 25 | $3.4B | $3.0B | ||
| Q1 25 | $3.3B | $3.0B | ||
| Q4 24 | $3.3B | $3.1B | ||
| Q3 24 | $3.3B | $3.0B | ||
| Q2 24 | $3.5B | $2.9B |
| 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 | — | $196.3M |
| Free Cash FlowOCF − Capex | $-63.1M | $184.3M |
| FCF MarginFCF / Revenue | -9.1% | 31.1% |
| Capex IntensityCapex / Revenue | 6.4% | 2.0% |
| Cash ConversionOCF / Net Profit | — | 1.48× |
| TTM Free Cash FlowTrailing 4 quarters | $180.4M | $637.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $196.3M | ||
| Q3 25 | $105.0M | $179.2M | ||
| Q2 25 | $82.0M | $182.7M | ||
| Q1 25 | $7.4M | $125.4M | ||
| Q4 24 | $174.7M | $185.2M | ||
| Q3 24 | $91.7M | $178.6M | ||
| Q2 24 | $83.0M | $139.0M |
| Q1 26 | $-63.1M | — | ||
| Q4 25 | $121.3M | $184.3M | ||
| Q3 25 | $65.3M | $175.7M | ||
| Q2 25 | $56.9M | $163.1M | ||
| Q1 25 | $-24.8M | $114.8M | ||
| Q4 24 | $116.4M | $171.3M | ||
| Q3 24 | $67.2M | $159.2M | ||
| Q2 24 | $61.0M | $102.7M |
| Q1 26 | -9.1% | — | ||
| Q4 25 | 16.8% | 31.1% | ||
| Q3 25 | 9.4% | 32.3% | ||
| Q2 25 | 8.5% | 28.5% | ||
| Q1 25 | -4.0% | 21.7% | ||
| Q4 24 | 17.5% | 31.2% | ||
| Q3 24 | 10.3% | 30.7% | ||
| Q2 24 | 10.1% | 18.6% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 5.4% | 2.0% | ||
| Q3 25 | 5.7% | 0.6% | ||
| Q2 25 | 3.7% | 3.4% | ||
| Q1 25 | 5.2% | 2.0% | ||
| Q4 24 | 8.8% | 2.5% | ||
| Q3 24 | 3.7% | 3.7% | ||
| Q2 24 | 3.6% | 6.6% |
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | 1.48× | ||
| Q3 25 | 1.85× | 1.30× | ||
| Q2 25 | 1.34× | 1.43× | ||
| Q1 25 | 0.14× | 1.01× | ||
| Q4 24 | 2.99× | 1.70× | ||
| Q3 24 | 1.71× | 1.46× | ||
| Q2 24 | 1.69× | 1.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
Segment breakdown not available.
GGG
| Industrial | $284.3M | 48% |
| Contractor | $265.5M | 45% |
| Other | $43.4M | 7% |
