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Side-by-side financial comparison of BELDEN INC. (BDC) and Simpson Manufacturing Co., Inc. (SSD). Click either name above to swap in a different company.
BELDEN INC. is the larger business by last-quarter revenue ($720.1M vs $539.3M, roughly 1.3× Simpson Manufacturing Co., Inc.). Simpson Manufacturing Co., Inc. runs the higher net margin — 10.4% vs 9.4%, a 1.0% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (8.1% vs 4.2%). BELDEN INC. produced more free cash flow last quarter ($121.3M vs $119.0M). Over the past eight quarters, BELDEN INC.'s revenue compounded faster (15.9% CAGR vs 0.8%).
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.
Simpson Manufacturing Company is a leading building materials manufacturer in the United States that produces structural connectors, fasteners, anchors, and products for new construction and retrofitting.
BDC vs SSD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $720.1M | $539.3M |
| Net Profit | $67.9M | $56.2M |
| Gross Margin | 36.6% | 43.4% |
| Operating Margin | 12.2% | 13.9% |
| Net Margin | 9.4% | 10.4% |
| Revenue YoY | 8.1% | 4.2% |
| Net Profit YoY | 16.3% | 1.4% |
| EPS (diluted) | $1.70 | $1.34 |
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.
| Q4 25 | $720.1M | $539.3M | ||
| Q3 25 | $698.2M | $623.5M | ||
| Q2 25 | $672.0M | $631.1M | ||
| Q1 25 | $624.9M | $538.9M | ||
| Q4 24 | $666.0M | $517.4M | ||
| Q3 24 | $654.9M | $587.2M | ||
| Q2 24 | $604.3M | $597.0M | ||
| Q1 24 | $535.7M | $530.6M |
| Q4 25 | $67.9M | $56.2M | ||
| Q3 25 | $56.7M | $107.4M | ||
| Q2 25 | $61.0M | $103.5M | ||
| Q1 25 | $51.9M | $77.9M | ||
| Q4 24 | $58.4M | $55.4M | ||
| Q3 24 | $53.7M | $93.5M | ||
| Q2 24 | $49.0M | $97.8M | ||
| Q1 24 | $37.3M | $75.4M |
| Q4 25 | 36.6% | 43.4% | ||
| Q3 25 | 37.7% | 46.4% | ||
| Q2 25 | 38.5% | 46.7% | ||
| Q1 25 | 39.3% | 46.8% | ||
| Q4 24 | 37.5% | 44.0% | ||
| Q3 24 | 37.3% | 46.8% | ||
| Q2 24 | 37.5% | 46.7% | ||
| Q1 24 | 37.6% | 46.1% |
| Q4 25 | 12.2% | 13.9% | ||
| Q3 25 | 10.9% | 22.6% | ||
| Q2 25 | 11.8% | 22.2% | ||
| Q1 25 | 11.6% | 19.0% | ||
| Q4 24 | 10.4% | 14.8% | ||
| Q3 24 | 11.5% | 21.3% | ||
| Q2 24 | 11.4% | 22.1% | ||
| Q1 24 | 9.9% | 18.1% |
| Q4 25 | 9.4% | 10.4% | ||
| Q3 25 | 8.1% | 17.2% | ||
| Q2 25 | 9.1% | 16.4% | ||
| Q1 25 | 8.3% | 14.5% | ||
| Q4 24 | 8.8% | 10.7% | ||
| Q3 24 | 8.2% | 15.9% | ||
| Q2 24 | 8.1% | 16.4% | ||
| Q1 24 | 7.0% | 14.2% |
| Q4 25 | $1.70 | $1.34 | ||
| Q3 25 | $1.41 | $2.58 | ||
| Q2 25 | $1.53 | $2.47 | ||
| Q1 25 | $1.27 | $1.85 | ||
| Q4 24 | $1.41 | $1.31 | ||
| Q3 24 | $1.30 | $2.21 | ||
| Q2 24 | $1.19 | $2.31 | ||
| Q1 24 | $0.90 | $1.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $389.9M | $384.1M |
| Total DebtLower is stronger | — | $300.0M |
| Stockholders' EquityBook value | $1.3B | $2.0B |
| Total Assets | $3.5B | $3.1B |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $389.9M | $384.1M | ||
| Q3 25 | $314.3M | $297.3M | ||
| Q2 25 | $301.5M | $190.4M | ||
| Q1 25 | $259.0M | $150.3M | ||
| Q4 24 | $370.3M | $239.4M | ||
| Q3 24 | $323.0M | $339.4M | ||
| Q2 24 | $564.8M | $354.9M | ||
| Q1 24 | $506.8M | $369.1M |
| Q4 25 | — | $300.0M | ||
| Q3 25 | — | $371.3M | ||
| Q2 25 | — | $376.9M | ||
| Q1 25 | — | $382.5M | ||
| Q4 24 | — | $388.1M | ||
| Q3 24 | — | $393.8M | ||
| Q2 24 | — | $399.4M | ||
| Q1 24 | — | $405.0M |
| Q4 25 | $1.3B | $2.0B | ||
| Q3 25 | $1.2B | $2.0B | ||
| Q2 25 | $1.2B | $1.9B | ||
| Q1 25 | $1.2B | $1.9B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.2B | $1.9B | ||
| Q2 24 | $1.2B | $1.8B | ||
| Q1 24 | $1.2B | $1.7B |
| Q4 25 | $3.5B | $3.1B | ||
| Q3 25 | $3.4B | $3.0B | ||
| Q2 25 | $3.4B | $3.0B | ||
| Q1 25 | $3.3B | $2.8B | ||
| Q4 24 | $3.3B | $2.7B | ||
| Q3 24 | $3.3B | $2.9B | ||
| Q2 24 | $3.5B | $2.8B | ||
| Q1 24 | $3.1B | $2.7B |
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.23× | ||
| Q1 24 | — | 0.23× |
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 | $160.4M | $155.7M |
| Free Cash FlowOCF − Capex | $121.3M | $119.0M |
| FCF MarginFCF / Revenue | 16.8% | 22.1% |
| Capex IntensityCapex / Revenue | 5.4% | 6.8% |
| Cash ConversionOCF / Net Profit | 2.36× | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | $218.7M | $297.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $160.4M | $155.7M | ||
| Q3 25 | $105.0M | $170.2M | ||
| Q2 25 | $82.0M | $125.2M | ||
| Q1 25 | $7.4M | $7.6M | ||
| Q4 24 | $174.7M | $115.8M | ||
| Q3 24 | $91.7M | $103.3M | ||
| Q2 24 | $83.0M | $111.1M | ||
| Q1 24 | $2.7M | $7.9M |
| Q4 25 | $121.3M | $119.0M | ||
| Q3 25 | $65.3M | $133.9M | ||
| Q2 25 | $56.9M | $87.3M | ||
| Q1 25 | $-24.8M | $-42.6M | ||
| Q4 24 | $116.4M | $60.3M | ||
| Q3 24 | $67.2M | $58.1M | ||
| Q2 24 | $61.0M | $70.9M | ||
| Q1 24 | $-21.5M | $-31.5M |
| Q4 25 | 16.8% | 22.1% | ||
| Q3 25 | 9.4% | 21.5% | ||
| Q2 25 | 8.5% | 13.8% | ||
| Q1 25 | -4.0% | -7.9% | ||
| Q4 24 | 17.5% | 11.7% | ||
| Q3 24 | 10.3% | 9.9% | ||
| Q2 24 | 10.1% | 11.9% | ||
| Q1 24 | -4.0% | -5.9% |
| Q4 25 | 5.4% | 6.8% | ||
| Q3 25 | 5.7% | 5.8% | ||
| Q2 25 | 3.7% | 6.0% | ||
| Q1 25 | 5.2% | 9.3% | ||
| Q4 24 | 8.8% | 10.7% | ||
| Q3 24 | 3.7% | 7.7% | ||
| Q2 24 | 3.6% | 6.7% | ||
| Q1 24 | 4.5% | 7.4% |
| Q4 25 | 2.36× | 2.77× | ||
| Q3 25 | 1.85× | 1.58× | ||
| Q2 25 | 1.34× | 1.21× | ||
| Q1 25 | 0.14× | 0.10× | ||
| Q4 24 | 2.99× | 2.09× | ||
| Q3 24 | 1.71× | 1.10× | ||
| Q2 24 | 1.69× | 1.14× | ||
| Q1 24 | 0.07× | 0.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
| Automation Solutions Segment | $397.7M | 55% |
| Broadband Solutions | $164.8M | 23% |
| Smart Buildings Solutions | $157.7M | 22% |
SSD
| Wood Construction | $352.0M | 65% |
| Other | $122.4M | 23% |
| Concrete Construction | $64.6M | 12% |
| Other Products | $318.0K | 0% |
