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Side-by-side financial comparison of BELDEN INC. (BDC) and LA-Z-BOY INC (LZB). Click either name above to swap in a different company.

BELDEN INC. is the larger business by last-quarter revenue ($696.4M vs $541.6M, roughly 1.3× LA-Z-BOY INC). BELDEN INC. runs the higher net margin — 7.3% vs 4.0%, a 3.3% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (11.4% vs 3.8%). LA-Z-BOY INC produced more free cash flow last quarter ($71.6M vs $-63.1M). Over the past eight quarters, BELDEN INC.'s revenue compounded faster (7.3% CAGR vs -1.1%).

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.

La-Z-Boy Inc. is an American furniture manufacturer based in Monroe, Michigan, United States, that makes home furniture, including upholstered recliners, sofas, stationary chairs, lift chairs and sleeper sofas. The company employs more than 11,000 people.

BDC vs LZB — Head-to-Head

Bigger by revenue
BDC
BDC
1.3× larger
BDC
$696.4M
$541.6M
LZB
Growing faster (revenue YoY)
BDC
BDC
+7.6% gap
BDC
11.4%
3.8%
LZB
Higher net margin
BDC
BDC
3.3% more per $
BDC
7.3%
4.0%
LZB
More free cash flow
LZB
LZB
$134.6M more FCF
LZB
$71.6M
$-63.1M
BDC
Faster 2-yr revenue CAGR
BDC
BDC
Annualised
BDC
7.3%
-1.1%
LZB

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
BDC
BDC
LZB
LZB
Revenue
$696.4M
$541.6M
Net Profit
$51.0M
$21.6M
Gross Margin
37.1%
43.1%
Operating Margin
11.2%
5.5%
Net Margin
7.3%
4.0%
Revenue YoY
11.4%
3.8%
Net Profit YoY
-1.8%
-23.8%
EPS (diluted)
$1.30
$0.52

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
LZB
LZB
Q1 26
$696.4M
$541.6M
Q4 25
$720.1M
$522.5M
Q3 25
$698.2M
$492.2M
Q2 25
$672.0M
$570.9M
Q1 25
$624.9M
$521.8M
Q4 24
$666.0M
$521.0M
Q3 24
$654.9M
$495.5M
Q2 24
$604.3M
$553.5M
Net Profit
BDC
BDC
LZB
LZB
Q1 26
$51.0M
$21.6M
Q4 25
$67.9M
$28.9M
Q3 25
$56.7M
$18.2M
Q2 25
$61.0M
$14.9M
Q1 25
$51.9M
$28.4M
Q4 24
$58.4M
$30.0M
Q3 24
$53.7M
$26.2M
Q2 24
$49.0M
$39.3M
Gross Margin
BDC
BDC
LZB
LZB
Q1 26
37.1%
43.1%
Q4 25
36.6%
44.2%
Q3 25
37.7%
42.5%
Q2 25
38.5%
44.0%
Q1 25
39.3%
44.3%
Q4 24
37.5%
44.3%
Q3 24
37.3%
43.1%
Q2 24
37.5%
43.4%
Operating Margin
BDC
BDC
LZB
LZB
Q1 26
11.2%
5.5%
Q4 25
12.2%
6.9%
Q3 25
10.9%
4.5%
Q2 25
11.8%
5.2%
Q1 25
11.6%
6.7%
Q4 24
10.4%
7.4%
Q3 24
11.5%
6.5%
Q2 24
11.4%
9.1%
Net Margin
BDC
BDC
LZB
LZB
Q1 26
7.3%
4.0%
Q4 25
9.4%
5.5%
Q3 25
8.1%
3.7%
Q2 25
9.1%
2.6%
Q1 25
8.3%
5.4%
Q4 24
8.8%
5.8%
Q3 24
8.2%
5.3%
Q2 24
8.1%
7.1%
EPS (diluted)
BDC
BDC
LZB
LZB
Q1 26
$1.30
$0.52
Q4 25
$1.70
$0.70
Q3 25
$1.41
$0.44
Q2 25
$1.53
$0.35
Q1 25
$1.27
$0.68
Q4 24
$1.41
$0.71
Q3 24
$1.30
$0.61
Q2 24
$1.19
$0.91

Balance Sheet & Financial Strength

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

Metric
BDC
BDC
LZB
LZB
Cash + ST InvestmentsLiquidity on hand
$272.2M
$306.1M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$1.3B
$1.0B
Total Assets
$2.1B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDC
BDC
LZB
LZB
Q1 26
$272.2M
$306.1M
Q4 25
$389.9M
$338.5M
Q3 25
$314.3M
$318.5M
Q2 25
$301.5M
$328.4M
Q1 25
$259.0M
$314.6M
Q4 24
$370.3M
$303.1M
Q3 24
$323.0M
$342.3M
Q2 24
$564.8M
$341.1M
Total Debt
BDC
BDC
LZB
LZB
Q1 26
$1.3B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BDC
BDC
LZB
LZB
Q1 26
$1.3B
$1.0B
Q4 25
$1.3B
$1.0B
Q3 25
$1.2B
$1.0B
Q2 25
$1.2B
$1.0B
Q1 25
$1.2B
$1.0B
Q4 24
$1.3B
$1.0B
Q3 24
$1.2B
$999.2M
Q2 24
$1.2B
$1.0B
Total Assets
BDC
BDC
LZB
LZB
Q1 26
$2.1B
Q4 25
$3.5B
$2.0B
Q3 25
$3.4B
$1.9B
Q2 25
$3.4B
$1.9B
Q1 25
$3.3B
$2.0B
Q4 24
$3.3B
$1.9B
Q3 24
$3.3B
$1.9B
Q2 24
$3.5B
$1.9B
Debt / Equity
BDC
BDC
LZB
LZB
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
BDC
BDC
LZB
LZB
Operating Cash FlowLast quarter
$89.4M
Free Cash FlowOCF − Capex
$-63.1M
$71.6M
FCF MarginFCF / Revenue
-9.1%
13.2%
Capex IntensityCapex / Revenue
6.4%
3.3%
Cash ConversionOCF / Net Profit
4.13×
TTM Free Cash FlowTrailing 4 quarters
$180.4M
$158.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDC
BDC
LZB
LZB
Q1 26
$89.4M
Q4 25
$160.4M
$50.0M
Q3 25
$105.0M
$36.3M
Q2 25
$82.0M
$62.0M
Q1 25
$7.4M
$57.0M
Q4 24
$174.7M
$15.9M
Q3 24
$91.7M
$52.3M
Q2 24
$83.0M
$52.8M
Free Cash Flow
BDC
BDC
LZB
LZB
Q1 26
$-63.1M
$71.6M
Q4 25
$121.3M
$29.6M
Q3 25
$65.3M
$17.8M
Q2 25
$56.9M
$39.3M
Q1 25
$-24.8M
$38.2M
Q4 24
$116.4M
$-1.2M
Q3 24
$67.2M
$36.7M
Q2 24
$61.0M
$37.3M
FCF Margin
BDC
BDC
LZB
LZB
Q1 26
-9.1%
13.2%
Q4 25
16.8%
5.7%
Q3 25
9.4%
3.6%
Q2 25
8.5%
6.9%
Q1 25
-4.0%
7.3%
Q4 24
17.5%
-0.2%
Q3 24
10.3%
7.4%
Q2 24
10.1%
6.7%
Capex Intensity
BDC
BDC
LZB
LZB
Q1 26
6.4%
3.3%
Q4 25
5.4%
3.9%
Q3 25
5.7%
3.8%
Q2 25
3.7%
4.0%
Q1 25
5.2%
3.6%
Q4 24
8.8%
3.3%
Q3 24
3.7%
3.2%
Q2 24
3.6%
2.8%
Cash Conversion
BDC
BDC
LZB
LZB
Q1 26
4.13×
Q4 25
2.36×
1.73×
Q3 25
1.85×
1.99×
Q2 25
1.34×
4.15×
Q1 25
0.14×
2.01×
Q4 24
2.99×
0.53×
Q3 24
1.71×
2.00×
Q2 24
1.69×
1.34×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BDC
BDC

Segment breakdown not available.

LZB
LZB

Stationary Upholstery Furniture$286.2M53%
Retail Segment$251.9M47%

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