Benchmark Electronics Inc
BHE NYSE· Printed Circuit Boards
Last close · Oct 26, 2026
$66.95
KIRA · Stoqly’s AI analyst, in plain words
- Benchmark Electronics Inc had $2.7B of revenue in fiscal 2025, up 0.1% on the year before. Over five years, revenue changed +5.3% a year on average.
- Its operating margin was 2.9%, down 1.3 pts: of every 100 in sales, about 3 is left after running the business.
- Benchmark Electronics Inc made $24.9M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew −6.8% a year.
- Free cash flow was $88.4M in fiscal 2025, 3.3% of revenue.
- Benchmark Electronics Inc returned $51.3M to shareholders in fiscal 2025, 58% of free cash flow. The diluted share count fell 1.2%.
- Benchmark Electronics Inc has $111M more cash than debt.
Market cap
$2.4B
P/E
45.9x
Revenue
$2.7B
Net income
$24.9M
Free cash flow
$88.4M
Operating margin
2.9%
Benchmark Electronics Inc in 30 seconds · fiscal 2025
Are sales growing?
+0.1%
Only a little. Sales grew 0.1% last year.
Does it make a profit?
0.9%
A little. It keeps 0.9% of every sale as profit.
Does profit turn into cash?
3.3%
Partly. 3.3% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
45.9x
One share costs 45.9 times its yearly profit per share.
What Benchmark Electronics Inc does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 24, 2026
- Legal name
- BENCHMARK ELECTRONICS INC
- CIK
- 0000863436
Benchmark Electronics Inc · BHE
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $2.3B | $2.9B | $2.8B | $2.7B | $2.7B |
| Revenue growth | 9.8% | 28.0% | −1.6% | −6.4% | 0.1% |
| Gross margin | 9.1% | 8.8% | 9.5% | 10.2% | 10.2% |
| Operating margin | 2.4% | 3.1% | 3.9% | 4.1% | 2.9% |
| Net income | $35.8M | $68.2M | $68.9M | $61.1M | $24.9M |
| Net margin | 1.6% | 2.4% | 2.4% | 2.3% | 0.9% |
| Diluted EPS | $0.99 | $1.91 | $1.92 | $1.66 | $0.68 |
| Cash | |||||
| Cash from operations | −$2.6M | −$177M | $174M | $189M | $124M |
| Capital expenditure | $38.8M | $43.4M | $73.5M | $31.3M | $35.6M |
| Free cash flow | −$41.4M | −$221M | $101M | $158M | $88.4M |
| FCF margin | −1.8% | −7.7% | 3.6% | 5.9% | 3.3% |
| Dividends paid | $23.3M | $23.2M | $23.5M | $23.9M | $24.4M |
| Share buybacks | $40.2M | $9.4M | $0.0M | $5.1M | $26.8M |
| Share count change | −1.9% | −1.1% | 0.7% | 2.2% | −1.2% |
| Debt and strength | |||||
| Cash and short-term investments | $272M | $207M | $277M | $315M | $322M |
| Debt incl. finance leases | $130M | $324M | $331M | $257M | $211M |
| Shareholders' equity | $974M | $1.0B | $1.1B | $1.1B | $1.1B |
| Net debt / EBITDA | −1.5x | 0.9x | 0.3x | −0.4x | −0.9x |
| Current ratio | 2.1x | 2.2x | 2.3x | 2.3x | 2.3x |
| Interest coverage | 6.3x | 7.0x | 3.4x | 4.1x | 3.8x |
| Returns and quality | |||||
| Return on capital | 5.0% | 6.4% | 8.2% | 7.6% | 5.0% |
| Return on equity | 3.6% | 6.8% | 6.5% | 5.6% | 2.3% |
| Return on tangible equity | 5.0% | 8.8% | 8.2% | 7.0% | 2.9% |
| Piotroski F-score | 6 | 5 | 6 | 6 | 6 |
| Altman Z'' | 4.5 | 4.6 | 4.7 | 5.0 | 4.9 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$12.9M
8 insiders
Of sales under plans
58%
$7.5M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Benchmark Electronics Inc · BHE
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $66.95 a share, the company is worth $2.4B: 45.9 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000863436). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.
