vs
Side-by-side financial comparison of BELDEN INC. (BDC) and JBT Marel Corp (JBTM). Click either name above to swap in a different company.
JBT Marel Corp is the larger business by last-quarter revenue ($1.0B vs $696.4M, roughly 1.4× BELDEN INC.). BELDEN INC. runs the higher net margin — 7.3% vs 5.3%, a 2.1% gap on every dollar of revenue. On growth, JBT Marel Corp posted the faster year-over-year revenue change (115.6% vs 11.4%). JBT Marel Corp produced more free cash flow last quarter ($83.5M vs $-63.1M). Over the past eight quarters, JBT Marel Corp's revenue compounded faster (60.3% 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.
JBT Marel Corporation, formerly known as JBT Corporation, or John Bean Technologies Corporation, is a food processing machinery and automated vehicle company. The company was incorporated in 2008 when FMC Technologies divested its non-energy businesses. The company is based in Chicago, Illinois and traces its history back to a company founded in 1884 by John Bean, an orchardist in Los Gatos, California.
BDC vs JBTM — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $696.4M | $1.0B |
| Net Profit | $51.0M | $53.1M |
| Gross Margin | 37.1% | 34.5% |
| Operating Margin | 11.2% | 7.2% |
| Net Margin | 7.3% | 5.3% |
| Revenue YoY | 11.4% | 115.6% |
| Net Profit YoY | -1.8% | 858.6% |
| EPS (diluted) | $1.30 | $1.04 |
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 | $1.0B | ||
| Q3 25 | $698.2M | $1.0B | ||
| Q2 25 | $672.0M | $934.8M | ||
| Q1 25 | $624.9M | $854.1M | ||
| Q4 24 | $666.0M | $467.6M | ||
| Q3 24 | $654.9M | $453.8M | ||
| Q2 24 | $604.3M | $402.3M |
| Q1 26 | $51.0M | — | ||
| Q4 25 | $67.9M | $53.1M | ||
| Q3 25 | $56.7M | $66.0M | ||
| Q2 25 | $61.0M | $3.4M | ||
| Q1 25 | $51.9M | $-173.0M | ||
| Q4 24 | $58.4M | $-7.0M | ||
| Q3 24 | $53.7M | $38.9M | ||
| Q2 24 | $49.0M | $30.7M |
| Q1 26 | 37.1% | — | ||
| Q4 25 | 36.6% | 34.5% | ||
| Q3 25 | 37.7% | 35.9% | ||
| Q2 25 | 38.5% | 35.8% | ||
| Q1 25 | 39.3% | 34.2% | ||
| Q4 24 | 37.5% | 38.4% | ||
| Q3 24 | 37.3% | 36.1% | ||
| Q2 24 | 37.5% | 35.6% |
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.2% | 7.2% | ||
| Q3 25 | 10.9% | 10.2% | ||
| Q2 25 | 11.8% | 5.2% | ||
| Q1 25 | 11.6% | -3.9% | ||
| Q4 24 | 10.4% | 3.4% | ||
| Q3 24 | 11.5% | 10.3% | ||
| Q2 24 | 11.4% | 6.7% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 9.4% | 5.3% | ||
| Q3 25 | 8.1% | 6.6% | ||
| Q2 25 | 9.1% | 0.4% | ||
| Q1 25 | 8.3% | -20.3% | ||
| Q4 24 | 8.8% | -1.5% | ||
| Q3 24 | 8.2% | 8.6% | ||
| Q2 24 | 8.1% | 7.6% |
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.70 | $1.04 | ||
| Q3 25 | $1.41 | $1.26 | ||
| Q2 25 | $1.53 | $0.07 | ||
| Q1 25 | $1.27 | $-3.35 | ||
| Q4 24 | $1.41 | $-0.22 | ||
| Q3 24 | $1.30 | $1.21 | ||
| Q2 24 | $1.19 | $0.95 |
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 | $167.9M |
| Total DebtLower is stronger | $1.3B | $1.5B |
| Stockholders' EquityBook value | $1.3B | $4.5B |
| Total Assets | — | $8.2B |
| Debt / EquityLower = less leverage | 0.98× | 0.33× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $272.2M | — | ||
| Q4 25 | $389.9M | $167.9M | ||
| Q3 25 | $314.3M | — | ||
| Q2 25 | $301.5M | — | ||
| Q1 25 | $259.0M | — | ||
| Q4 24 | $370.3M | $1.2B | ||
| Q3 24 | $323.0M | — | ||
| Q2 24 | $564.8M | — |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $648.3M | ||
| Q2 24 | — | $647.7M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $4.5B | ||
| Q3 25 | $1.2B | $4.4B | ||
| Q2 25 | $1.2B | $4.4B | ||
| Q1 25 | $1.2B | $4.1B | ||
| Q4 24 | $1.3B | $1.5B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.2B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $8.2B | ||
| Q3 25 | $3.4B | $8.2B | ||
| Q2 25 | $3.4B | $8.3B | ||
| Q1 25 | $3.3B | $8.0B | ||
| Q4 24 | $3.3B | $3.4B | ||
| Q3 24 | $3.3B | $2.8B | ||
| Q2 24 | $3.5B | $2.7B |
| Q1 26 | 0.98× | — | ||
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | — | 0.81× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | — | 0.43× |
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 | — | $117.4M |
| Free Cash FlowOCF − Capex | $-63.1M | $83.5M |
| FCF MarginFCF / Revenue | -9.1% | 8.3% |
| Capex IntensityCapex / Revenue | 6.4% | 3.4% |
| Cash ConversionOCF / Net Profit | — | 2.21× |
| TTM Free Cash FlowTrailing 4 quarters | $180.4M | $238.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $117.4M | ||
| Q3 25 | $105.0M | $87.7M | ||
| Q2 25 | $82.0M | $102.2M | ||
| Q1 25 | $7.4M | $34.4M | ||
| Q4 24 | $174.7M | $128.7M | ||
| Q3 24 | $91.7M | $71.9M | ||
| Q2 24 | $83.0M | $21.6M |
| Q1 26 | $-63.1M | — | ||
| Q4 25 | $121.3M | $83.5M | ||
| Q3 25 | $65.3M | $56.5M | ||
| Q2 25 | $56.9M | $83.7M | ||
| Q1 25 | $-24.8M | $14.4M | ||
| Q4 24 | $116.4M | $118.7M | ||
| Q3 24 | $67.2M | $65.0M | ||
| Q2 24 | $61.0M | $11.1M |
| Q1 26 | -9.1% | — | ||
| Q4 25 | 16.8% | 8.3% | ||
| Q3 25 | 9.4% | 5.6% | ||
| Q2 25 | 8.5% | 9.0% | ||
| Q1 25 | -4.0% | 1.7% | ||
| Q4 24 | 17.5% | 25.4% | ||
| Q3 24 | 10.3% | 14.3% | ||
| Q2 24 | 10.1% | 2.8% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 5.4% | 3.4% | ||
| Q3 25 | 5.7% | 3.1% | ||
| Q2 25 | 3.7% | 2.0% | ||
| Q1 25 | 5.2% | 2.3% | ||
| Q4 24 | 8.8% | 2.1% | ||
| Q3 24 | 3.7% | 1.5% | ||
| Q2 24 | 3.6% | 2.6% |
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | 2.21× | ||
| Q3 25 | 1.85× | 1.33× | ||
| Q2 25 | 1.34× | 30.06× | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 2.99× | — | ||
| Q3 24 | 1.71× | 1.85× | ||
| Q2 24 | 1.69× | 0.70× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
