Belden vs Vishay Intertechnology
Vishay Intertechnology reported revenue of $3.1 billion in fiscal 2025, about the same as Belden's $2.7 billion in fiscal 2025. Belden's revenue grew 10.3% in its latest year, and Vishay Intertechnology's grew 4.5%. Belden had an operating margin of 11.6%, against 1.9% at Vishay Intertechnology. Free cash flow was $219 million at Belden and −$89 million at Vishay Intertechnology.
Side by side
| Belden | Vishay Intertechnology | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $2.7B | $3.1B |
| Revenue growth | 10.3% | 4.5% |
| Revenue growth a year, last 5 years | 9.2% | 4.2% |
| Gross margin | 38.0% | 19.4% |
| Operating margin | 11.6% | 1.9% |
| Net margin | 8.8% | −0.3% |
| Free cash flow | $219M | −$89M |
| Free cash flow margin | 8.1% | −2.9% |
| Return on capital | 13.3% | 1.2% |
| Net debt to EBITDA | 2.0x | 1.6x |
| Dividends and buybacks | $8M | $12M |
| Change in diluted share count | −2.6% | −0.9% |
| Last close | $102.99 | $26.71 |
| P/E at the last close | 16.7× | 148.4× |
| Insider trades, last 12 months | sold $2.9 million | — |
| Piotroski F-score | 8 of 9 | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
BeldenVishay Intertechnology
Operating margin
Percent of revenue
BeldenVishay Intertechnology
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
BeldenVishay Intertechnology
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Belden and Vishay Intertechnology pages.