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Side-by-side financial comparison of BELDEN INC. (BDC) and WEBSTER FINANCIAL CORP (WBS). Click either name above to swap in a different company.
WEBSTER FINANCIAL CORP is the larger business by last-quarter revenue ($735.9M vs $696.4M, roughly 1.1× BELDEN INC.). WEBSTER FINANCIAL CORP runs the higher net margin — 33.5% vs 7.3%, a 26.1% gap on every dollar of revenue. Over the past eight quarters, WEBSTER FINANCIAL CORP's revenue compounded faster (9.4% CAGR vs 7.3%).
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.
Webster Bank is an American commercial bank based in Stamford, Connecticut. It has 177 branches and 316 ATMs located in Connecticut; Massachusetts; Rhode Island; New Jersey; Westchester, Orange, Ulster, and Rockland counties in New York as well as New York City.
BDC vs WBS — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $696.4M | $735.9M |
| Net Profit | $51.0M | $246.2M |
| Gross Margin | 37.1% | — |
| Operating Margin | 11.2% | — |
| Net Margin | 7.3% | 33.5% |
| Revenue YoY | 11.4% | — |
| Net Profit YoY | -1.8% | 8.5% |
| EPS (diluted) | $1.30 | $1.50 |
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.
| Q1 26 | $696.4M | $735.9M | ||
| Q4 25 | $720.1M | $746.2M | ||
| Q3 25 | $698.2M | $732.6M | ||
| Q2 25 | $672.0M | $715.8M | ||
| Q1 25 | $624.9M | $704.8M | ||
| Q4 24 | $666.0M | $661.0M | ||
| Q3 24 | $654.9M | $647.6M | ||
| Q2 24 | $604.3M | $614.6M |
| Q1 26 | $51.0M | $246.2M | ||
| Q4 25 | $67.9M | $255.8M | ||
| Q3 25 | $56.7M | $261.2M | ||
| Q2 25 | $61.0M | $258.8M | ||
| Q1 25 | $51.9M | $226.9M | ||
| Q4 24 | $58.4M | $177.8M | ||
| Q3 24 | $53.7M | $193.0M | ||
| Q2 24 | $49.0M | $181.6M |
| 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% | — |
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.2% | 48.6% | ||
| Q3 25 | 10.9% | 51.3% | ||
| Q2 25 | 11.8% | 51.7% | ||
| Q1 25 | 11.6% | 51.2% | ||
| Q4 24 | 10.4% | 48.5% | ||
| Q3 24 | 11.5% | 46.1% | ||
| Q2 24 | 11.4% | 47.0% |
| Q1 26 | 7.3% | 33.5% | ||
| Q4 25 | 9.4% | 34.3% | ||
| Q3 25 | 8.1% | 35.7% | ||
| Q2 25 | 9.1% | 36.2% | ||
| Q1 25 | 8.3% | 32.2% | ||
| Q4 24 | 8.8% | 26.9% | ||
| Q3 24 | 8.2% | 29.8% | ||
| Q2 24 | 8.1% | 29.6% |
| Q1 26 | $1.30 | $1.50 | ||
| Q4 25 | $1.70 | $1.54 | ||
| Q3 25 | $1.41 | $1.54 | ||
| Q2 25 | $1.53 | $1.52 | ||
| Q1 25 | $1.27 | $1.30 | ||
| Q4 24 | $1.41 | $1.01 | ||
| Q3 24 | $1.30 | $1.10 | ||
| Q2 24 | $1.19 | $1.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $272.2M | — |
| Total DebtLower is stronger | $1.3B | $738.3M |
| Stockholders' EquityBook value | $1.3B | $9.6B |
| Total Assets | — | $85.6B |
| Debt / EquityLower = less leverage | 0.98× | 0.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $272.2M | — | ||
| Q4 25 | $389.9M | — | ||
| Q3 25 | $314.3M | — | ||
| Q2 25 | $301.5M | — | ||
| Q1 25 | $259.0M | — | ||
| Q4 24 | $370.3M | — | ||
| Q3 24 | $323.0M | — | ||
| Q2 24 | $564.8M | — |
| Q1 26 | $1.3B | $738.3M | ||
| Q4 25 | — | $739.5M | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $905.6M | ||
| Q1 25 | — | $907.4M | ||
| Q4 24 | — | $909.2M | ||
| Q3 24 | — | $911.0M | ||
| Q2 24 | — | $912.7M |
| Q1 26 | $1.3B | $9.6B | ||
| Q4 25 | $1.3B | $9.5B | ||
| Q3 25 | $1.2B | $9.5B | ||
| Q2 25 | $1.2B | $9.3B | ||
| Q1 25 | $1.2B | $9.2B | ||
| Q4 24 | $1.3B | $9.1B | ||
| Q3 24 | $1.2B | $9.2B | ||
| Q2 24 | $1.2B | $8.8B |
| Q1 26 | — | $85.6B | ||
| Q4 25 | $3.5B | $84.1B | ||
| Q3 25 | $3.4B | $83.2B | ||
| Q2 25 | $3.4B | $81.9B | ||
| Q1 25 | $3.3B | $80.3B | ||
| Q4 24 | $3.3B | $79.0B | ||
| Q3 24 | $3.3B | $79.5B | ||
| Q2 24 | $3.5B | $76.8B |
| Q1 26 | 0.98× | 0.08× | ||
| Q4 25 | — | 0.08× | ||
| Q3 25 | — | 0.13× | ||
| Q2 25 | — | 0.10× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | 0.10× | ||
| Q2 24 | — | 0.10× |
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 | — | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $1.1B | ||
| Q3 25 | $105.0M | $374.7M | ||
| Q2 25 | $82.0M | $270.9M | ||
| Q1 25 | $7.4M | $94.9M | ||
| Q4 24 | $174.7M | $1.4B | ||
| Q3 24 | $91.7M | $45.3M | ||
| Q2 24 | $83.0M | $224.0M |
| Q1 26 | $-63.1M | — | ||
| Q4 25 | $121.3M | $1.0B | ||
| Q3 25 | $65.3M | $362.5M | ||
| Q2 25 | $56.9M | $257.7M | ||
| Q1 25 | $-24.8M | $86.6M | ||
| Q4 24 | $116.4M | $1.4B | ||
| Q3 24 | $67.2M | $35.3M | ||
| Q2 24 | $61.0M | $215.6M |
| Q1 26 | -9.1% | — | ||
| Q4 25 | 16.8% | 135.2% | ||
| Q3 25 | 9.4% | 49.5% | ||
| Q2 25 | 8.5% | 36.0% | ||
| Q1 25 | -4.0% | 12.3% | ||
| Q4 24 | 17.5% | 207.0% | ||
| Q3 24 | 10.3% | 5.4% | ||
| Q2 24 | 10.1% | 35.1% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 5.4% | 6.6% | ||
| Q3 25 | 5.7% | 1.7% | ||
| Q2 25 | 3.7% | 1.8% | ||
| Q1 25 | 5.2% | 1.2% | ||
| Q4 24 | 8.8% | 5.4% | ||
| Q3 24 | 3.7% | 1.5% | ||
| Q2 24 | 3.6% | 1.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | 4.14× | ||
| Q3 25 | 1.85× | 1.43× | ||
| Q2 25 | 1.34× | 1.05× | ||
| Q1 25 | 0.14× | 0.42× | ||
| Q4 24 | 2.99× | 7.90× | ||
| Q3 24 | 1.71× | 0.23× | ||
| Q2 24 | 1.69× | 1.23× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
Segment breakdown not available.
WBS
| Net Interest Income | $634.4M | 86% |
| Noninterest Income | $101.5M | 14% |