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Side-by-side financial comparison of BELDEN INC. (BDC) and Rithm Capital Corp. (RITM). Click either name above to swap in a different company.

Rithm Capital Corp. is the larger business by last-quarter revenue ($828.2M vs $696.4M, roughly 1.2× BELDEN INC.). Rithm Capital Corp. runs the higher net margin — 13.2% vs 7.3%, a 5.9% gap on every dollar of revenue. On growth, Rithm Capital Corp. posted the faster year-over-year revenue change (508.5% vs 11.4%). Over the past eight quarters, BELDEN INC.'s revenue compounded faster (7.3% CAGR vs -17.9%).

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.

Rithm Capital Corp. (Rithm) is an American investment management company headquartered in New York that focuses on real estate and alternative investments.

BDC vs RITM — Head-to-Head

Bigger by revenue
RITM
RITM
1.2× larger
RITM
$828.2M
$696.4M
BDC
Growing faster (revenue YoY)
RITM
RITM
+497.0% gap
RITM
508.5%
11.4%
BDC
Higher net margin
RITM
RITM
5.9% more per $
RITM
13.2%
7.3%
BDC
Faster 2-yr revenue CAGR
BDC
BDC
Annualised
BDC
7.3%
-17.9%
RITM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BDC
BDC
RITM
RITM
Revenue
$696.4M
$828.2M
Net Profit
$51.0M
$109.5M
Gross Margin
37.1%
Operating Margin
11.2%
29.9%
Net Margin
7.3%
13.2%
Revenue YoY
11.4%
508.5%
Net Profit YoY
-1.8%
27.7%
EPS (diluted)
$1.30
$0.12

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
RITM
RITM
Q1 26
$696.4M
$828.2M
Q4 25
$720.1M
$1.5B
Q3 25
$698.2M
$1.1B
Q2 25
$672.0M
$1.2B
Q1 25
$624.9M
$768.4M
Q4 24
$666.0M
$2.1B
Q3 24
$654.9M
$619.5M
Q2 24
$604.3M
$1.2B
Net Profit
BDC
BDC
RITM
RITM
Q1 26
$51.0M
$109.5M
Q4 25
$67.9M
$85.0M
Q3 25
$56.7M
$221.5M
Q2 25
$61.0M
$311.7M
Q1 25
$51.9M
$78.8M
Q4 24
$58.4M
$290.2M
Q3 24
$53.7M
$121.7M
Q2 24
$49.0M
$235.6M
Gross Margin
BDC
BDC
RITM
RITM
Q1 26
37.1%
Q4 25
36.6%
Q3 25
37.7%
Q2 25
38.5%
Q1 25
39.3%
Q4 24
37.5%
Q3 24
37.3%
Q2 24
37.5%
Operating Margin
BDC
BDC
RITM
RITM
Q1 26
11.2%
29.9%
Q4 25
12.2%
13.8%
Q3 25
10.9%
21.4%
Q2 25
11.8%
25.2%
Q1 25
11.6%
7.4%
Q4 24
10.4%
23.8%
Q3 24
11.5%
7.3%
Q2 24
11.4%
23.6%
Net Margin
BDC
BDC
RITM
RITM
Q1 26
7.3%
13.2%
Q4 25
9.4%
5.7%
Q3 25
8.1%
20.0%
Q2 25
9.1%
25.6%
Q1 25
8.3%
10.3%
Q4 24
8.8%
14.0%
Q3 24
8.2%
19.7%
Q2 24
8.1%
19.2%
EPS (diluted)
BDC
BDC
RITM
RITM
Q1 26
$1.30
$0.12
Q4 25
$1.70
$0.09
Q3 25
$1.41
$0.35
Q2 25
$1.53
$0.53
Q1 25
$1.27
$0.07
Q4 24
$1.41
$0.50
Q3 24
$1.30
$0.20
Q2 24
$1.19
$0.43

Balance Sheet & Financial Strength

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

Metric
BDC
BDC
RITM
RITM
Cash + ST InvestmentsLiquidity on hand
$272.2M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$1.3B
$9.1B
Total Assets
$53.4B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDC
BDC
RITM
RITM
Q1 26
$272.2M
Q4 25
$389.9M
$1.8B
Q3 25
$314.3M
$1.6B
Q2 25
$301.5M
$1.6B
Q1 25
$259.0M
$1.5B
Q4 24
$370.3M
$1.5B
Q3 24
$323.0M
$1.6B
Q2 24
$564.8M
$1.2B
Total Debt
BDC
BDC
RITM
RITM
Q1 26
$1.3B
Q4 25
$35.4B
Q3 25
$32.2B
Q2 25
$31.2B
Q1 25
$32.2B
Q4 24
$32.6B
Q3 24
$29.6B
Q2 24
$30.1B
Stockholders' Equity
BDC
BDC
RITM
RITM
Q1 26
$1.3B
$9.1B
Q4 25
$1.3B
$8.4B
Q3 25
$1.2B
$8.5B
Q2 25
$1.2B
$7.9B
Q1 25
$1.2B
$7.8B
Q4 24
$1.3B
$7.8B
Q3 24
$1.2B
$7.7B
Q2 24
$1.2B
$7.3B
Total Assets
BDC
BDC
RITM
RITM
Q1 26
$53.4B
Q4 25
$3.5B
$53.1B
Q3 25
$3.4B
$47.2B
Q2 25
$3.4B
$44.3B
Q1 25
$3.3B
$45.3B
Q4 24
$3.3B
$46.0B
Q3 24
$3.3B
$42.3B
Q2 24
$3.5B
$42.0B
Debt / Equity
BDC
BDC
RITM
RITM
Q1 26
0.98×
Q4 25
4.20×
Q3 25
3.79×
Q2 25
3.92×
Q1 25
4.14×
Q4 24
4.18×
Q3 24
3.87×
Q2 24
4.10×

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
RITM
RITM
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-63.1M
FCF MarginFCF / Revenue
-9.1%
Capex IntensityCapex / Revenue
6.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$180.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDC
BDC
RITM
RITM
Q1 26
Q4 25
$160.4M
$-114.6M
Q3 25
$105.0M
$-2.0B
Q2 25
$82.0M
$-557.1M
Q1 25
$7.4M
$1.4B
Q4 24
$174.7M
$-1.8B
Q3 24
$91.7M
$768.1M
Q2 24
$83.0M
$-55.7M
Free Cash Flow
BDC
BDC
RITM
RITM
Q1 26
$-63.1M
Q4 25
$121.3M
Q3 25
$65.3M
Q2 25
$56.9M
Q1 25
$-24.8M
Q4 24
$116.4M
Q3 24
$67.2M
Q2 24
$61.0M
FCF Margin
BDC
BDC
RITM
RITM
Q1 26
-9.1%
Q4 25
16.8%
Q3 25
9.4%
Q2 25
8.5%
Q1 25
-4.0%
Q4 24
17.5%
Q3 24
10.3%
Q2 24
10.1%
Capex Intensity
BDC
BDC
RITM
RITM
Q1 26
6.4%
Q4 25
5.4%
Q3 25
5.7%
Q2 25
3.7%
Q1 25
5.2%
Q4 24
8.8%
Q3 24
3.7%
Q2 24
3.6%
Cash Conversion
BDC
BDC
RITM
RITM
Q1 26
Q4 25
2.36×
-1.35×
Q3 25
1.85×
-9.22×
Q2 25
1.34×
-1.79×
Q1 25
0.14×
18.03×
Q4 24
2.99×
-6.04×
Q3 24
1.71×
6.31×
Q2 24
1.69×
-0.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BDC
BDC

Segment breakdown not available.

RITM
RITM

Servicing revenue, net$375.1M45%
Other$234.9M28%
Gain on originated residential mortgage loans, held-for-sale, net$195.0M24%
Other revenue$23.3M3%

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