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Side-by-side financial comparison of BELDEN INC. (BDC) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.
BELDEN INC. is the larger business by last-quarter revenue ($696.4M vs $517.5M, roughly 1.3× WOLVERINE WORLD WIDE INC). BELDEN INC. runs the higher net margin — 7.3% vs 6.1%, a 1.2% gap on every dollar of revenue. On growth, WOLVERINE WORLD WIDE INC posted the faster year-over-year revenue change (25.5% vs 11.4%). WOLVERINE WORLD WIDE INC produced more free cash flow last quarter ($145.6M vs $-63.1M). Over the past eight quarters, WOLVERINE WORLD WIDE INC's revenue compounded faster (14.5% 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.
Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.
BDC vs WWW — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $696.4M | $517.5M |
| Net Profit | $51.0M | $31.8M |
| Gross Margin | 37.1% | 47.3% |
| Operating Margin | 11.2% | 9.7% |
| Net Margin | 7.3% | 6.1% |
| Revenue YoY | 11.4% | 25.5% |
| Net Profit YoY | -1.8% | 162.8% |
| EPS (diluted) | $1.30 | $0.37 |
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 | $517.5M | ||
| Q4 25 | $720.1M | — | ||
| Q3 25 | $698.2M | $470.3M | ||
| Q2 25 | $672.0M | $474.2M | ||
| Q1 25 | $624.9M | $412.3M | ||
| Q4 24 | $666.0M | $494.7M | ||
| Q3 24 | $654.9M | $440.2M | ||
| Q2 24 | $604.3M | $425.2M |
| Q1 26 | $51.0M | $31.8M | ||
| Q4 25 | $67.9M | — | ||
| Q3 25 | $56.7M | $25.1M | ||
| Q2 25 | $61.0M | $26.8M | ||
| Q1 25 | $51.9M | $12.1M | ||
| Q4 24 | $58.4M | $23.1M | ||
| Q3 24 | $53.7M | $23.2M | ||
| Q2 24 | $49.0M | $13.8M |
| Q1 26 | 37.1% | 47.3% | ||
| Q4 25 | 36.6% | — | ||
| Q3 25 | 37.7% | 47.5% | ||
| Q2 25 | 38.5% | 47.2% | ||
| Q1 25 | 39.3% | 47.2% | ||
| Q4 24 | 37.5% | 43.4% | ||
| Q3 24 | 37.3% | 45.1% | ||
| Q2 24 | 37.5% | 43.1% |
| Q1 26 | 11.2% | 9.7% | ||
| Q4 25 | 12.2% | — | ||
| Q3 25 | 10.9% | 8.4% | ||
| Q2 25 | 11.8% | 8.6% | ||
| Q1 25 | 11.6% | 4.8% | ||
| Q4 24 | 10.4% | 7.4% | ||
| Q3 24 | 11.5% | 7.9% | ||
| Q2 24 | 11.4% | 6.8% |
| Q1 26 | 7.3% | 6.1% | ||
| Q4 25 | 9.4% | — | ||
| Q3 25 | 8.1% | 5.3% | ||
| Q2 25 | 9.1% | 5.7% | ||
| Q1 25 | 8.3% | 2.9% | ||
| Q4 24 | 8.8% | 4.7% | ||
| Q3 24 | 8.2% | 5.3% | ||
| Q2 24 | 8.1% | 3.2% |
| Q1 26 | $1.30 | $0.37 | ||
| Q4 25 | $1.70 | — | ||
| Q3 25 | $1.41 | $0.30 | ||
| Q2 25 | $1.53 | $0.32 | ||
| Q1 25 | $1.27 | $0.15 | ||
| Q4 24 | $1.41 | $0.29 | ||
| Q3 24 | $1.30 | $0.28 | ||
| Q2 24 | $1.19 | $0.17 |
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 | $621.7M |
| Stockholders' EquityBook value | $1.3B | $408.0M |
| Total Assets | — | $1.7B |
| Debt / EquityLower = less leverage | 0.98× | 1.52× |
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 | $621.7M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $676.4M | ||
| Q2 25 | — | $708.5M | ||
| Q1 25 | — | $710.8M | ||
| Q4 24 | — | $648.0M | ||
| Q3 24 | — | $702.8M | ||
| Q2 24 | — | $814.7M |
| Q1 26 | $1.3B | $408.0M | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.2B | $376.7M | ||
| Q2 25 | $1.2B | $344.0M | ||
| Q1 25 | $1.2B | $310.6M | ||
| Q4 24 | $1.3B | $312.9M | ||
| Q3 24 | $1.2B | $295.2M | ||
| Q2 24 | $1.2B | $262.1M |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $3.5B | — | ||
| Q3 25 | $3.4B | $1.7B | ||
| Q2 25 | $3.4B | $1.8B | ||
| Q1 25 | $3.3B | $1.7B | ||
| Q4 24 | $3.3B | $1.7B | ||
| Q3 24 | $3.3B | $1.8B | ||
| Q2 24 | $3.5B | $1.8B |
| Q1 26 | 0.98× | 1.52× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | — | 2.29× | ||
| Q4 24 | — | 2.07× | ||
| Q3 24 | — | 2.38× | ||
| Q2 24 | — | 3.11× |
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 | — | $146.2M |
| Free Cash FlowOCF − Capex | $-63.1M | $145.6M |
| FCF MarginFCF / Revenue | -9.1% | 28.1% |
| Capex IntensityCapex / Revenue | 6.4% | 0.1% |
| Cash ConversionOCF / Net Profit | — | 4.60× |
| TTM Free Cash FlowTrailing 4 quarters | $180.4M | $125.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $146.2M | ||
| Q4 25 | $160.4M | — | ||
| Q3 25 | $105.0M | $33.0M | ||
| Q2 25 | $82.0M | $44.6M | ||
| Q1 25 | $7.4M | $-83.8M | ||
| Q4 24 | $174.7M | $82.4M | ||
| Q3 24 | $91.7M | $108.2M | ||
| Q2 24 | $83.0M | $26.7M |
| Q1 26 | $-63.1M | $145.6M | ||
| Q4 25 | $121.3M | — | ||
| Q3 25 | $65.3M | $30.1M | ||
| Q2 25 | $56.9M | $41.2M | ||
| Q1 25 | $-24.8M | $-91.4M | ||
| Q4 24 | $116.4M | $74.4M | ||
| Q3 24 | $67.2M | $104.1M | ||
| Q2 24 | $61.0M | $23.7M |
| Q1 26 | -9.1% | 28.1% | ||
| Q4 25 | 16.8% | — | ||
| Q3 25 | 9.4% | 6.4% | ||
| Q2 25 | 8.5% | 8.7% | ||
| Q1 25 | -4.0% | -22.2% | ||
| Q4 24 | 17.5% | 15.0% | ||
| Q3 24 | 10.3% | 23.6% | ||
| Q2 24 | 10.1% | 5.6% |
| Q1 26 | 6.4% | 0.1% | ||
| Q4 25 | 5.4% | — | ||
| Q3 25 | 5.7% | 0.6% | ||
| Q2 25 | 3.7% | 0.7% | ||
| Q1 25 | 5.2% | 1.8% | ||
| Q4 24 | 8.8% | 1.6% | ||
| Q3 24 | 3.7% | 0.9% | ||
| Q2 24 | 3.6% | 0.7% |
| Q1 26 | — | 4.60× | ||
| Q4 25 | 2.36× | — | ||
| Q3 25 | 1.85× | 1.31× | ||
| Q2 25 | 1.34× | 1.66× | ||
| Q1 25 | 0.14× | -6.93× | ||
| Q4 24 | 2.99× | 3.57× | ||
| Q3 24 | 1.71× | 4.66× | ||
| Q2 24 | 1.69× | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
Segment breakdown not available.
WWW
| Sales Channel Through Intermediary | $230.2M | 44% |
| Sales Channel Directly To Consumer | $142.6M | 28% |
| Work Group | $134.0M | 26% |
| Other | $10.7M | 2% |
