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Side-by-side financial comparison of BELDEN INC. (BDC) and UPBOUND GROUP, INC. (UPBD). Click either name above to swap in a different company.

UPBOUND GROUP, INC. is the larger business by last-quarter revenue ($1.2B vs $696.4M, roughly 1.7× BELDEN INC.). BELDEN INC. runs the higher net margin — 7.3% vs 1.7%, a 5.7% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (11.4% vs 10.9%). UPBOUND GROUP, INC. produced more free cash flow last quarter ($24.0M vs $-63.1M). Over the past eight quarters, BELDEN INC.'s revenue compounded faster (7.3% CAGR vs 4.5%).

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.

Upbound Group, Inc. is a leading US provider of flexible lease-to-own solutions for consumer goods. It offers furniture, consumer electronics, home appliances, and accessories, catering to customers seeking accessible payment alternatives to traditional retail financing.

BDC vs UPBD — Head-to-Head

Bigger by revenue
UPBD
UPBD
1.7× larger
UPBD
$1.2B
$696.4M
BDC
Growing faster (revenue YoY)
BDC
BDC
+0.6% gap
BDC
11.4%
10.9%
UPBD
Higher net margin
BDC
BDC
5.7% more per $
BDC
7.3%
1.7%
UPBD
More free cash flow
UPBD
UPBD
$87.1M more FCF
UPBD
$24.0M
$-63.1M
BDC
Faster 2-yr revenue CAGR
BDC
BDC
Annualised
BDC
7.3%
4.5%
UPBD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BDC
BDC
UPBD
UPBD
Revenue
$696.4M
$1.2B
Net Profit
$51.0M
$19.7M
Gross Margin
37.1%
49.0%
Operating Margin
11.2%
4.8%
Net Margin
7.3%
1.7%
Revenue YoY
11.4%
10.9%
Net Profit YoY
-1.8%
-36.3%
EPS (diluted)
$1.30
$0.35

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
UPBD
UPBD
Q1 26
$696.4M
Q4 25
$720.1M
$1.2B
Q3 25
$698.2M
$1.2B
Q2 25
$672.0M
$1.2B
Q1 25
$624.9M
$1.2B
Q4 24
$666.0M
$1.1B
Q3 24
$654.9M
$1.1B
Q2 24
$604.3M
$1.1B
Net Profit
BDC
BDC
UPBD
UPBD
Q1 26
$51.0M
Q4 25
$67.9M
$19.7M
Q3 25
$56.7M
$13.2M
Q2 25
$61.0M
$15.5M
Q1 25
$51.9M
$24.8M
Q4 24
$58.4M
$31.0M
Q3 24
$53.7M
$30.9M
Q2 24
$49.0M
$33.9M
Gross Margin
BDC
BDC
UPBD
UPBD
Q1 26
37.1%
Q4 25
36.6%
49.0%
Q3 25
37.7%
48.3%
Q2 25
38.5%
49.4%
Q1 25
39.3%
46.8%
Q4 24
37.5%
47.1%
Q3 24
37.3%
47.8%
Q2 24
37.5%
49.4%
Operating Margin
BDC
BDC
UPBD
UPBD
Q1 26
11.2%
Q4 25
12.2%
4.8%
Q3 25
10.9%
4.5%
Q2 25
11.8%
4.4%
Q1 25
11.6%
5.3%
Q4 24
10.4%
7.3%
Q3 24
11.5%
6.6%
Q2 24
11.4%
7.5%
Net Margin
BDC
BDC
UPBD
UPBD
Q1 26
7.3%
Q4 25
9.4%
1.7%
Q3 25
8.1%
1.1%
Q2 25
9.1%
1.3%
Q1 25
8.3%
2.1%
Q4 24
8.8%
2.9%
Q3 24
8.2%
2.9%
Q2 24
8.1%
3.2%
EPS (diluted)
BDC
BDC
UPBD
UPBD
Q1 26
$1.30
Q4 25
$1.70
$0.35
Q3 25
$1.41
$0.22
Q2 25
$1.53
$0.26
Q1 25
$1.27
$0.42
Q4 24
$1.41
$0.55
Q3 24
$1.30
$0.55
Q2 24
$1.19
$0.61

Balance Sheet & Financial Strength

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

Metric
BDC
BDC
UPBD
UPBD
Cash + ST InvestmentsLiquidity on hand
$272.2M
$120.5M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$1.3B
$695.7M
Total Assets
$3.3B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDC
BDC
UPBD
UPBD
Q1 26
$272.2M
Q4 25
$389.9M
$120.5M
Q3 25
$314.3M
$107.0M
Q2 25
$301.5M
$106.8M
Q1 25
$259.0M
$107.3M
Q4 24
$370.3M
$60.9M
Q3 24
$323.0M
$85.1M
Q2 24
$564.8M
$82.5M
Total Debt
BDC
BDC
UPBD
UPBD
Q1 26
$1.3B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BDC
BDC
UPBD
UPBD
Q1 26
$1.3B
Q4 25
$1.3B
$695.7M
Q3 25
$1.2B
$687.3M
Q2 25
$1.2B
$685.5M
Q1 25
$1.2B
$679.2M
Q4 24
$1.3B
$629.0M
Q3 24
$1.2B
$611.8M
Q2 24
$1.2B
$596.3M
Total Assets
BDC
BDC
UPBD
UPBD
Q1 26
Q4 25
$3.5B
$3.3B
Q3 25
$3.4B
$3.2B
Q2 25
$3.4B
$3.1B
Q1 25
$3.3B
$3.0B
Q4 24
$3.3B
$2.6B
Q3 24
$3.3B
$2.6B
Q2 24
$3.5B
$2.6B
Debt / Equity
BDC
BDC
UPBD
UPBD
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
UPBD
UPBD
Operating Cash FlowLast quarter
$41.6M
Free Cash FlowOCF − Capex
$-63.1M
$24.0M
FCF MarginFCF / Revenue
-9.1%
2.0%
Capex IntensityCapex / Revenue
6.4%
1.5%
Cash ConversionOCF / Net Profit
2.11×
TTM Free Cash FlowTrailing 4 quarters
$180.4M
$238.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDC
BDC
UPBD
UPBD
Q1 26
Q4 25
$160.4M
$41.6M
Q3 25
$105.0M
$118.4M
Q2 25
$82.0M
$7.8M
Q1 25
$7.4M
$137.7M
Q4 24
$174.7M
$-61.9M
Q3 24
$91.7M
$106.2M
Q2 24
$83.0M
$15.0M
Free Cash Flow
BDC
BDC
UPBD
UPBD
Q1 26
$-63.1M
Q4 25
$121.3M
$24.0M
Q3 25
$65.3M
$97.9M
Q2 25
$56.9M
$-10.4M
Q1 25
$-24.8M
$127.2M
Q4 24
$116.4M
$-74.0M
Q3 24
$67.2M
$88.3M
Q2 24
$61.0M
$613.0K
FCF Margin
BDC
BDC
UPBD
UPBD
Q1 26
-9.1%
Q4 25
16.8%
2.0%
Q3 25
9.4%
8.4%
Q2 25
8.5%
-0.9%
Q1 25
-4.0%
10.8%
Q4 24
17.5%
-6.9%
Q3 24
10.3%
8.3%
Q2 24
10.1%
0.1%
Capex Intensity
BDC
BDC
UPBD
UPBD
Q1 26
6.4%
Q4 25
5.4%
1.5%
Q3 25
5.7%
1.8%
Q2 25
3.7%
1.6%
Q1 25
5.2%
0.9%
Q4 24
8.8%
1.1%
Q3 24
3.7%
1.7%
Q2 24
3.6%
1.3%
Cash Conversion
BDC
BDC
UPBD
UPBD
Q1 26
Q4 25
2.36×
2.11×
Q3 25
1.85×
8.96×
Q2 25
1.34×
0.50×
Q1 25
0.14×
5.56×
Q4 24
2.99×
-2.00×
Q3 24
1.71×
3.44×
Q2 24
1.69×
0.44×

Financial Flow Comparison

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

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