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Side-by-side financial comparison of BELDEN INC. (BDC) and G III APPAREL GROUP LTD (GIII). Click either name above to swap in a different company.
G III APPAREL GROUP LTD is the larger business by last-quarter revenue ($988.6M vs $696.4M, roughly 1.4× BELDEN INC.). G III APPAREL GROUP LTD runs the higher net margin — 8.2% vs 7.3%, a 0.8% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (11.4% vs -9.0%). BELDEN INC. produced more free cash flow last quarter ($-63.1M vs $-106.4M). Over the past eight quarters, G III APPAREL GROUP LTD's revenue compounded faster (13.7% 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.
G III Apparel Group is a global fashion company that designs, sources, manufactures, markets and distributes apparel, footwear, and accessories under a range of owned and licensed well-known brands. It serves department stores, specialty retailers, and e-commerce platforms across North America, Europe, and other key global markets, catering to casual, sportswear, and premium fashion consumer segments.
BDC vs GIII — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $696.4M | $988.6M |
| Net Profit | $51.0M | $80.6M |
| Gross Margin | 37.1% | 38.6% |
| Operating Margin | 11.2% | 11.4% |
| Net Margin | 7.3% | 8.2% |
| Revenue YoY | 11.4% | -9.0% |
| Net Profit YoY | -1.8% | -29.8% |
| EPS (diluted) | $1.30 | $1.84 |
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 | $988.6M | ||
| Q3 25 | $698.2M | $613.3M | ||
| Q2 25 | $672.0M | $583.6M | ||
| Q1 25 | $624.9M | $839.5M | ||
| Q4 24 | $666.0M | $1.1B | ||
| Q3 24 | $654.9M | $644.8M | ||
| Q2 24 | $604.3M | $609.7M |
| Q1 26 | $51.0M | — | ||
| Q4 25 | $67.9M | $80.6M | ||
| Q3 25 | $56.7M | $10.9M | ||
| Q2 25 | $61.0M | $7.8M | ||
| Q1 25 | $51.9M | $48.8M | ||
| Q4 24 | $58.4M | $114.8M | ||
| Q3 24 | $53.7M | $24.2M | ||
| Q2 24 | $49.0M | $5.8M |
| Q1 26 | 37.1% | — | ||
| Q4 25 | 36.6% | 38.6% | ||
| Q3 25 | 37.7% | 40.8% | ||
| Q2 25 | 38.5% | 42.2% | ||
| Q1 25 | 39.3% | 39.5% | ||
| Q4 24 | 37.5% | 39.8% | ||
| Q3 24 | 37.3% | 42.8% | ||
| Q2 24 | 37.5% | 42.5% |
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.2% | 11.4% | ||
| Q3 25 | 10.9% | 2.7% | ||
| Q2 25 | 11.8% | 1.5% | ||
| Q1 25 | 11.6% | 8.5% | ||
| Q4 24 | 10.4% | 15.3% | ||
| Q3 24 | 11.5% | 6.4% | ||
| Q2 24 | 11.4% | 2.2% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 9.4% | 8.2% | ||
| Q3 25 | 8.1% | 1.8% | ||
| Q2 25 | 9.1% | 1.3% | ||
| Q1 25 | 8.3% | 5.8% | ||
| Q4 24 | 8.8% | 10.6% | ||
| Q3 24 | 8.2% | 3.8% | ||
| Q2 24 | 8.1% | 1.0% |
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.70 | $1.84 | ||
| Q3 25 | $1.41 | $0.25 | ||
| Q2 25 | $1.53 | $0.17 | ||
| Q1 25 | $1.27 | $1.00 | ||
| Q4 24 | $1.41 | $2.55 | ||
| Q3 24 | $1.30 | $0.53 | ||
| Q2 24 | $1.19 | $0.12 |
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 | $184.1M |
| Total DebtLower is stronger | $1.3B | $6.5M |
| Stockholders' EquityBook value | $1.3B | $1.8B |
| Total Assets | — | $2.8B |
| Debt / EquityLower = less leverage | 0.98× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $272.2M | — | ||
| Q4 25 | $389.9M | $184.1M | ||
| Q3 25 | $314.3M | $301.8M | ||
| Q2 25 | $301.5M | $257.8M | ||
| Q1 25 | $259.0M | $181.4M | ||
| Q4 24 | $370.3M | $104.7M | ||
| Q3 24 | $323.0M | $414.8M | ||
| Q2 24 | $564.8M | $508.4M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $6.5M | ||
| Q3 25 | — | $6.9M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $3.0M | ||
| Q4 24 | — | $213.9M | ||
| Q3 24 | — | $402.5M | ||
| Q2 24 | — | $402.7M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $1.2B | $1.7B | ||
| Q2 25 | $1.2B | $1.7B | ||
| Q1 25 | $1.2B | $1.7B | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $1.2B | $1.5B | ||
| Q2 24 | $1.2B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $2.8B | ||
| Q3 25 | $3.4B | $2.7B | ||
| Q2 25 | $3.4B | $2.4B | ||
| Q1 25 | $3.3B | $2.5B | ||
| Q4 24 | $3.3B | $2.8B | ||
| Q3 24 | $3.3B | $2.7B | ||
| Q2 24 | $3.5B | $2.6B |
| Q1 26 | 0.98× | — | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.26× |
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 | — | $-97.3M |
| Free Cash FlowOCF − Capex | $-63.1M | $-106.4M |
| FCF MarginFCF / Revenue | -9.1% | -10.8% |
| Capex IntensityCapex / Revenue | 6.4% | 0.9% |
| Cash ConversionOCF / Net Profit | — | -1.21× |
| TTM Free Cash FlowTrailing 4 quarters | $180.4M | $367.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $-97.3M | ||
| Q3 25 | $105.0M | $75.1M | ||
| Q2 25 | $82.0M | $93.8M | ||
| Q1 25 | $7.4M | $333.4M | ||
| Q4 24 | $174.7M | $-111.8M | ||
| Q3 24 | $91.7M | $49.3M | ||
| Q2 24 | $83.0M | $45.5M |
| Q1 26 | $-63.1M | — | ||
| Q4 25 | $121.3M | $-106.4M | ||
| Q3 25 | $65.3M | $64.7M | ||
| Q2 25 | $56.9M | $85.7M | ||
| Q1 25 | $-24.8M | $323.7M | ||
| Q4 24 | $116.4M | $-120.3M | ||
| Q3 24 | $67.2M | $38.8M | ||
| Q2 24 | $61.0M | $32.8M |
| Q1 26 | -9.1% | — | ||
| Q4 25 | 16.8% | -10.8% | ||
| Q3 25 | 9.4% | 10.6% | ||
| Q2 25 | 8.5% | 14.7% | ||
| Q1 25 | -4.0% | 38.6% | ||
| Q4 24 | 17.5% | -11.1% | ||
| Q3 24 | 10.3% | 6.0% | ||
| Q2 24 | 10.1% | 5.4% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 5.4% | 0.9% | ||
| Q3 25 | 5.7% | 1.7% | ||
| Q2 25 | 3.7% | 1.4% | ||
| Q1 25 | 5.2% | 1.2% | ||
| Q4 24 | 8.8% | 0.8% | ||
| Q3 24 | 3.7% | 1.6% | ||
| Q2 24 | 3.6% | 2.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | -1.21× | ||
| Q3 25 | 1.85× | 6.86× | ||
| Q2 25 | 1.34× | 12.09× | ||
| Q1 25 | 0.14× | 6.83× | ||
| Q4 24 | 2.99× | -0.97× | ||
| Q3 24 | 1.71× | 2.04× | ||
| Q2 24 | 1.69× | 7.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
Segment breakdown not available.
GIII
| Proprietary Brands | $498.1M | 50% |
| Licensed Brands | $479.2M | 48% |
| Retail Segment | $45.7M | 5% |
