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Side-by-side financial comparison of BELDEN INC. (BDC) and SiriusPoint Ltd (SPNT). Click either name above to swap in a different company.

SiriusPoint Ltd is the larger business by last-quarter revenue ($973.7M vs $720.1M, roughly 1.4× BELDEN INC.). SiriusPoint Ltd runs the higher net margin — 25.1% vs 9.4%, a 15.6% gap on every dollar of revenue. On growth, SiriusPoint Ltd posted the faster year-over-year revenue change (58.9% vs 8.1%). Over the past eight quarters, SiriusPoint Ltd's revenue compounded faster (19.2% CAGR vs 15.9%).

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.

SiriusPoint Ltd is a global specialty insurance and reinsurance provider based in Pembroke, Bermuda. It offers property, casualty, specialty line coverages and alternative capital solutions, serving commercial clients and risk carriers across North America, Europe, Asia Pacific and other key markets, focusing on rigorous underwriting and stable risk-adjusted returns.

BDC vs SPNT — Head-to-Head

Bigger by revenue
SPNT
SPNT
1.4× larger
SPNT
$973.7M
$720.1M
BDC
Growing faster (revenue YoY)
SPNT
SPNT
+50.8% gap
SPNT
58.9%
8.1%
BDC
Higher net margin
SPNT
SPNT
15.6% more per $
SPNT
25.1%
9.4%
BDC
Faster 2-yr revenue CAGR
SPNT
SPNT
Annualised
SPNT
19.2%
15.9%
BDC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BDC
BDC
SPNT
SPNT
Revenue
$720.1M
$973.7M
Net Profit
$67.9M
$244.1M
Gross Margin
36.6%
Operating Margin
12.2%
28.8%
Net Margin
9.4%
25.1%
Revenue YoY
8.1%
58.9%
Net Profit YoY
16.3%
1535.9%
EPS (diluted)
$1.70
$1.92

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
SPNT
SPNT
Q4 25
$720.1M
$973.7M
Q3 25
$698.2M
$755.9M
Q2 25
$672.0M
$748.2M
Q1 25
$624.9M
$727.3M
Q4 24
$666.0M
$612.8M
Q3 24
$654.9M
$562.2M
Q2 24
$604.3M
$743.3M
Q1 24
$535.7M
$685.5M
Net Profit
BDC
BDC
SPNT
SPNT
Q4 25
$67.9M
$244.1M
Q3 25
$56.7M
$90.8M
Q2 25
$61.0M
$63.2M
Q1 25
$51.9M
$61.6M
Q4 24
$58.4M
$-17.0M
Q3 24
$53.7M
$8.5M
Q2 24
$49.0M
$113.9M
Q1 24
$37.3M
$94.8M
Gross Margin
BDC
BDC
SPNT
SPNT
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%
Q1 24
37.6%
Operating Margin
BDC
BDC
SPNT
SPNT
Q4 25
12.2%
28.8%
Q3 25
10.9%
14.7%
Q2 25
11.8%
10.0%
Q1 25
11.6%
10.4%
Q4 24
10.4%
-2.1%
Q3 24
11.5%
2.0%
Q2 24
11.4%
17.4%
Q1 24
9.9%
15.4%
Net Margin
BDC
BDC
SPNT
SPNT
Q4 25
9.4%
25.1%
Q3 25
8.1%
12.0%
Q2 25
9.1%
8.4%
Q1 25
8.3%
8.5%
Q4 24
8.8%
-2.8%
Q3 24
8.2%
1.5%
Q2 24
8.1%
15.3%
Q1 24
7.0%
13.8%
EPS (diluted)
BDC
BDC
SPNT
SPNT
Q4 25
$1.70
$1.92
Q3 25
$1.41
$0.73
Q2 25
$1.53
$0.50
Q1 25
$1.27
$0.49
Q4 24
$1.41
$-0.05
Q3 24
$1.30
$0.03
Q2 24
$1.19
$0.57
Q1 24
$0.90
$0.49

Balance Sheet & Financial Strength

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

Metric
BDC
BDC
SPNT
SPNT
Cash + ST InvestmentsLiquidity on hand
$389.9M
$731.2M
Total DebtLower is stronger
$688.6M
Stockholders' EquityBook value
$1.3B
$2.5B
Total Assets
$3.5B
$12.6B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDC
BDC
SPNT
SPNT
Q4 25
$389.9M
$731.2M
Q3 25
$314.3M
$582.4M
Q2 25
$301.5M
$732.4M
Q1 25
$259.0M
$740.3M
Q4 24
$370.3M
$682.0M
Q3 24
$323.0M
$640.7M
Q2 24
$564.8M
$598.1M
Q1 24
$506.8M
$867.5M
Total Debt
BDC
BDC
SPNT
SPNT
Q4 25
$688.6M
Q3 25
$682.5M
Q2 25
$678.4M
Q1 25
$663.5M
Q4 24
$639.1M
Q3 24
$660.5M
Q2 24
$648.6M
Q1 24
$770.6M
Stockholders' Equity
BDC
BDC
SPNT
SPNT
Q4 25
$1.3B
$2.5B
Q3 25
$1.2B
$2.2B
Q2 25
$1.2B
$2.1B
Q1 25
$1.2B
$2.0B
Q4 24
$1.3B
$1.9B
Q3 24
$1.2B
$2.7B
Q2 24
$1.2B
$2.7B
Q1 24
$1.2B
$2.6B
Total Assets
BDC
BDC
SPNT
SPNT
Q4 25
$3.5B
$12.6B
Q3 25
$3.4B
$12.5B
Q2 25
$3.4B
$12.4B
Q1 25
$3.3B
$12.3B
Q4 24
$3.3B
$12.5B
Q3 24
$3.3B
$12.7B
Q2 24
$3.5B
$12.8B
Q1 24
$3.1B
$13.1B
Debt / Equity
BDC
BDC
SPNT
SPNT
Q4 25
0.28×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.33×
Q4 24
0.33×
Q3 24
0.25×
Q2 24
0.24×
Q1 24
0.30×

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
SPNT
SPNT
Operating Cash FlowLast quarter
$160.4M
$-26.4M
Free Cash FlowOCF − Capex
$121.3M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
5.4%
Cash ConversionOCF / Net Profit
2.36×
-0.11×
TTM Free Cash FlowTrailing 4 quarters
$218.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDC
BDC
SPNT
SPNT
Q4 25
$160.4M
$-26.4M
Q3 25
$105.0M
$155.6M
Q2 25
$82.0M
$62.1M
Q1 25
$7.4M
$-88.9M
Q4 24
$174.7M
$107.7M
Q3 24
$91.7M
$58.1M
Q2 24
$83.0M
$-149.9M
Q1 24
$2.7M
$58.8M
Free Cash Flow
BDC
BDC
SPNT
SPNT
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
Q1 24
$-21.5M
FCF Margin
BDC
BDC
SPNT
SPNT
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%
Q1 24
-4.0%
Capex Intensity
BDC
BDC
SPNT
SPNT
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%
Q1 24
4.5%
Cash Conversion
BDC
BDC
SPNT
SPNT
Q4 25
2.36×
-0.11×
Q3 25
1.85×
1.71×
Q2 25
1.34×
0.98×
Q1 25
0.14×
-1.44×
Q4 24
2.99×
Q3 24
1.71×
6.84×
Q2 24
1.69×
-1.32×
Q1 24
0.07×
0.62×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BDC
BDC

Automation Solutions Segment$397.7M55%
Broadband Solutions$164.8M23%
Smart Buildings Solutions$157.7M22%

SPNT
SPNT

Segment breakdown not available.

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