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Side-by-side financial comparison of BELDEN INC. (BDC) and TTEC Holdings, Inc. (TTEC). Click either name above to swap in a different company.
BELDEN INC. is the larger business by last-quarter revenue ($720.1M vs $570.0M, roughly 1.3× TTEC Holdings, Inc.). BELDEN INC. runs the higher net margin — 9.4% vs -29.9%, a 39.3% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (8.1% vs 0.4%). BELDEN INC. produced more free cash flow last quarter ($121.3M vs $-9.2M). Over the past eight quarters, BELDEN INC.'s revenue compounded faster (15.9% CAGR vs -0.6%).
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.
TTEC Holdings, Inc., is an American customer experience technology and services company with its primary place of business in Austin, Texas.
BDC vs TTEC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $720.1M | $570.0M |
| Net Profit | $67.9M | $-170.5M |
| Gross Margin | 36.6% | — |
| Operating Margin | 12.2% | -30.3% |
| Net Margin | 9.4% | -29.9% |
| Revenue YoY | 8.1% | 0.4% |
| Net Profit YoY | 16.3% | -3791.9% |
| EPS (diluted) | $1.70 | $-3.57 |
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 | $570.0M | ||
| Q3 25 | $698.2M | $519.1M | ||
| Q2 25 | $672.0M | $513.6M | ||
| Q1 25 | $624.9M | $534.2M | ||
| Q4 24 | $666.0M | $567.4M | ||
| Q3 24 | $654.9M | $529.4M | ||
| Q2 24 | $604.3M | $534.1M | ||
| Q1 24 | $535.7M | $576.6M |
| Q4 25 | $67.9M | $-170.5M | ||
| Q3 25 | $56.7M | $-13.4M | ||
| Q2 25 | $61.0M | $-8.0M | ||
| Q1 25 | $51.9M | $1.4M | ||
| Q4 24 | $58.4M | $4.6M | ||
| Q3 24 | $53.7M | $-21.1M | ||
| Q2 24 | $49.0M | $-299.5M | ||
| Q1 24 | $37.3M | $-2.3M |
| 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% | — |
| Q4 25 | 12.2% | -30.3% | ||
| Q3 25 | 10.9% | 2.4% | ||
| Q2 25 | 11.8% | 3.7% | ||
| Q1 25 | 11.6% | 4.5% | ||
| Q4 24 | 10.4% | 2.7% | ||
| Q3 24 | 11.5% | 2.4% | ||
| Q2 24 | 11.4% | -42.0% | ||
| Q1 24 | 9.9% | 3.9% |
| Q4 25 | 9.4% | -29.9% | ||
| Q3 25 | 8.1% | -2.6% | ||
| Q2 25 | 9.1% | -1.6% | ||
| Q1 25 | 8.3% | 0.3% | ||
| Q4 24 | 8.8% | 0.8% | ||
| Q3 24 | 8.2% | -4.0% | ||
| Q2 24 | 8.1% | -56.1% | ||
| Q1 24 | 7.0% | -0.4% |
| Q4 25 | $1.70 | $-3.57 | ||
| Q3 25 | $1.41 | $-0.28 | ||
| Q2 25 | $1.53 | $-0.17 | ||
| Q1 25 | $1.27 | $0.03 | ||
| Q4 24 | $1.41 | $0.05 | ||
| Q3 24 | $1.30 | $-0.44 | ||
| Q2 24 | $1.19 | $-6.30 | ||
| Q1 24 | $0.90 | $-0.05 |
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 | $82.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $112.9M |
| Total Assets | $3.5B | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $389.9M | $82.9M | ||
| Q3 25 | $314.3M | $73.5M | ||
| Q2 25 | $301.5M | $82.6M | ||
| Q1 25 | $259.0M | $85.1M | ||
| Q4 24 | $370.3M | $85.0M | ||
| Q3 24 | $323.0M | $96.9M | ||
| Q2 24 | $564.8M | $79.8M | ||
| Q1 24 | $506.8M | $91.5M |
| Q4 25 | $1.3B | $112.9M | ||
| Q3 25 | $1.2B | $280.8M | ||
| Q2 25 | $1.2B | $295.2M | ||
| Q1 25 | $1.2B | $281.5M | ||
| Q4 24 | $1.3B | $268.1M | ||
| Q3 24 | $1.2B | $295.1M | ||
| Q2 24 | $1.2B | $304.2M | ||
| Q1 24 | $1.2B | $612.4M |
| Q4 25 | $3.5B | $1.5B | ||
| Q3 25 | $3.4B | $1.7B | ||
| Q2 25 | $3.4B | $1.7B | ||
| Q1 25 | $3.3B | $1.7B | ||
| Q4 24 | $3.3B | $1.8B | ||
| Q3 24 | $3.3B | $1.8B | ||
| Q2 24 | $3.5B | $1.8B | ||
| Q1 24 | $3.1B | $2.1B |
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 | $2.6M |
| Free Cash FlowOCF − Capex | $121.3M | $-9.2M |
| FCF MarginFCF / Revenue | 16.8% | -1.6% |
| Capex IntensityCapex / Revenue | 5.4% | 2.1% |
| Cash ConversionOCF / Net Profit | 2.36× | — |
| TTM Free Cash FlowTrailing 4 quarters | $218.7M | $83.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $160.4M | $2.6M | ||
| Q3 25 | $105.0M | $4.2M | ||
| Q2 25 | $82.0M | $92.7M | ||
| Q1 25 | $7.4M | $21.6M | ||
| Q4 24 | $174.7M | $-1.1M | ||
| Q3 24 | $91.7M | $-91.4M | ||
| Q2 24 | $83.0M | $49.3M | ||
| Q1 24 | $2.7M | $-15.6M |
| Q4 25 | $121.3M | $-9.2M | ||
| Q3 25 | $65.3M | $-9.6M | ||
| Q2 25 | $56.9M | $85.5M | ||
| Q1 25 | $-24.8M | $16.2M | ||
| Q4 24 | $116.4M | $-9.8M | ||
| Q3 24 | $67.2M | $-100.2M | ||
| Q2 24 | $61.0M | $35.1M | ||
| Q1 24 | $-21.5M | $-29.1M |
| Q4 25 | 16.8% | -1.6% | ||
| Q3 25 | 9.4% | -1.8% | ||
| Q2 25 | 8.5% | 16.7% | ||
| Q1 25 | -4.0% | 3.0% | ||
| Q4 24 | 17.5% | -1.7% | ||
| Q3 24 | 10.3% | -18.9% | ||
| Q2 24 | 10.1% | 6.6% | ||
| Q1 24 | -4.0% | -5.0% |
| Q4 25 | 5.4% | 2.1% | ||
| Q3 25 | 5.7% | 2.7% | ||
| Q2 25 | 3.7% | 1.4% | ||
| Q1 25 | 5.2% | 1.0% | ||
| Q4 24 | 8.8% | 1.5% | ||
| Q3 24 | 3.7% | 1.7% | ||
| Q2 24 | 3.6% | 2.7% | ||
| Q1 24 | 4.5% | 2.3% |
| Q4 25 | 2.36× | — | ||
| Q3 25 | 1.85× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 0.14× | 15.60× | ||
| Q4 24 | 2.99× | -0.24× | ||
| Q3 24 | 1.71× | — | ||
| Q2 24 | 1.69× | — | ||
| Q1 24 | 0.07× | — |
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% |
TTEC
| Ttec Engage | $444.5M | 78% |
| Ttec Digital | $125.5M | 22% |
