Belden vs TTM Technologies
Belden and TTM Technologies are similar in size: $2.72bn and $2.91bn of revenue in their latest fiscal years. TTM Technologies grew faster (19.0% against 10.3%). Belden kept more of each dollar of sales as profit: a net margin of 8.7% against 6.1%.
| Latest fiscal year | BeldenBDC, 2025 | TTM TechnologiesTTMI, 2025 |
|---|---|---|
| Revenue | $2.72bn | $2.91bn |
| Revenue growth | 10.3% | 19.0% |
| Net income | $238m | $177m |
| Operating margin | — | 9.1% |
| Net margin | 8.7% | 6.1% |
| Return on equity | 18.6% | 10.7% |
| Free cash flow | $219m | −$683,000 |
| Cash | $390m | $501m |
| Total debt | $1.29bn | $924m |
| Debt to equity | — | 52.4% |
| Dividend per share | $0.20 | — |
| Dividend yield | 0.2% | — |
| Share buybacks | — | $17.9m |
| Employees | — | 18,200 |
| Market value | $4.24bn | $8.66bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 67 (Moderate) | 44 (Weak) |
| Insider trades, 12 months | 0 buys, 11 sales | 2 buys, 255 sales |