Sector: Technology | Industry: Communications & Networking |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 7733 Forsyth Boulevard Suite 800, Belden Inc. ST. LOUIS MO 63105 |
Tel: | N/A |
Website: | https://www.belden.com |
IR: | See website |
Key People | ||
Ashish Chand President, Chief Executive Officer, Director | Jeremy Parks Chief Financial Officer, Senior Vice President - Finance | Brian Lieser Executive Vice President - Industrial Automation Solutions |
Jay Wirts Executive Vice President - Enterprise Solutions | Brian E. Anderson Senior Vice President - Legal, General Counsel and Corporate Secretary | Leah Tate Senior Vice President - Human Resources | Douglas Zink Chief Accounting Officer, Vice President |
Business Overview |
Belden Inc. is a global supplier of network infrastructure and digitization solutions. The Company operates through two segments: Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment is a provider of network infrastructure and broadband solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. Its broadband solutions primarily serve broadband and wireless service providers. Its enterprise product lines include copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and secure, high performance signal extension and matrix switching systems. The Industrial Automation Solutions segment provides network infrastructure and digitization solutions to enable its customers to make informed decisions. Its products and solutions encompass the four aspects of data handling including acquisition, transmission, orchestration and management. |
Financial Overview |
For the fiscal year ended 31 December 2023, Belden Inc revenues decreased 4% to $2.51B. Net income before extraordinary items decreased 9% to $242.8M. Revenues reflect Enterprise Solutions segment decrease of 6% to $1.12B, Industrial Solutions segment decrease of 1% to $1.39B, United States segment decrease of 7% to $1.61B, Asia Pacific segment decrease of 6% to $333M. Net income also reflects Selling. |
Employees: | 8,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3,962M as of Dec 31, 2023 |
Annual revenue (TTM): | $2,512M as of Dec 31, 2023 |
EBITDA (TTM): | $450.86M as of Dec 31, 2023 |
Net annual income (TTM): | $242.76M as of Dec 31, 2023 |
Free cash flow (TTM): | $194.41M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $613.97M as of Dec 31, 2023 |
Shares outstanding: | 40,664,226 as of Mar 26, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |