BHE · Benchmark Electronics Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $697.70M | - | $702.62M | $665.68M | $654.60M | - | $679.97M | $686.67M | - | $745.93M |
| Cost of Revenue | $608.05M | - | $612.74M | $577.56M | $568.58M | - | $591.01M | $597.95M | - | $650.62M |
| Gross Profit | $69.23M | - | $67.94M | $64.77M | $63.18M | - | $66.74M | $67.95M | - | $69.08M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $42.41M | - | $41.52M | $40.57M | $38.80M | - | $36.64M | $38.02M | - | $35.51M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $11.90M | - | $11.84M | $12.02M | $11.77M | - | $11.55M | $11.43M | - | $11.55M |
| Operating Income | $21.87M | - | $23.66M | $20.49M | $11.76M | - | $28.11M | $27.25M | - | $30.34M |
| Interest Expense | $3.65M | - | $4.42M | $6.35M | $5.29M | - | $6.57M | $6.93M | - | $8.47M |
| Income Tax | $5.40M | - | $6.33M | $15.63M | $4.75M | - | $5.02M | $5.00M | - | $5.18M |
| Net Income | $13.02M | - | $14.26M | $972.0K | $3.64M | - | $15.37M | $15.53M | - | $20.41M |
| EPS - Basic | $0.36 | - | $0.40 | $0.03 | $0.10 | - | $0.43 | $0.43 | - | $0.57 |
| EPS - Diluted | $0.36 | - | $0.39 | $0.03 | $0.10 | - | $0.42 | $0.43 | - | $0.57 |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $324.91M | $322.06M | $285.42M | $264.65M | $355.34M | $315.15M | $324.42M | $309.29M | $277.39M | $259.54M |
| Accounts Receivable | $375.90M | $391.10M | $377.98M | $369.25M | $374.11M | $412.46M | $372.28M | $376.57M | $449.40M | $477.69M |
| Inventory | $507.45M | $482.54M | $509.00M | $531.99M | $560.28M | $553.65M | $581.90M | $599.84M | $683.80M | $725.35M |
| Accounts Payable | $451.15M | $403.22M | $382.66M | $354.71M | $384.46M | $354.22M | $356.04M | $346.15M | $367.48M | $382.17M |
| Current Assets | $1.46B | $1.45B | $1.44B | $1.40B | $1.51B | $1.50B | $1.51B | $1.51B | $1.64B | $1.71B |
| Total Assets | $2.10B | $2.07B | $2.07B | $2.03B | $2.14B | $2.14B | $2.15B | $2.15B | $2.27B | $2.33B |
| Current Liabilities | $669.22M | $635.58M | $618.93M | $592.15M | $636.42M | $649.10M | $639.13M | $643.06M | $713.55M | $699.10M |
| Long-term Debt | $204.78M | $210.58M | $216.37M | $207.17M | $275.51M | $257.02M | $278.53M | $289.22M | $330.60M | $432.11M |
| Total Liabilities | $999.69M | $971.91M | $958.09M | $923.98M | $1.03B | - | - | - | - | - |
| Stockholders' Equity | $1.10B | $1.10B | $1.11B | $1.11B | $1.10B | $1.11B | $1.10B | $1.10B | $1.08B | $1.06B |
| Retained Earnings | $570.50M | $568.16M | $577.63M | $577.18M | $587.79M | $596.01M | $583.74M | $578.16M | $560.54M | $548.87M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $47.03M | - | - | - | $31.50M | - | - | $48.46M | - | ($24.91M) |
| Investing Cash Flow | ($16.10M) | - | - | - | ($4.11M) | - | - | ($6.15M) | - | ($38.71M) |
| Financing Cash Flow | ($25.90M) | - | - | - | ($2.47M) | - | - | ($27.14M) | - | $67.02M |
| CapEx | $16.02M | - | $11.49M | $12.30M | $3.40M | - | $9.81M | $5.18M | - | $35.93M |
| Free Cash Flow | $31.01M | - | - | - | $28.11M | - | - | $43.27M | - | ($60.83M) |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 9.9% | - | 9.7% | 9.7% | 9.7% | - | 9.8% | 9.9% | - | 9.3% |
| Operating margin | 3.1% | - | 3.4% | 3.1% | 1.8% | - | 4.1% | 4.0% | - | 4.1% |
| EBITDA margin | 4.8% | - | 5.1% | 4.9% | 3.6% | - | 5.8% | 5.6% | - | 5.6% |
| Net margin | 1.9% | - | 2.0% | 0.1% | 0.6% | - | 2.3% | 2.3% | - | 2.7% |
| Free cash flow margin | 4.4% | - | - | - | 4.3% | - | - | 6.3% | - | -8.2% |
| FCF / Net income | 2.38 | - | - | - | 7.71 | - | - | 2.79 | - | -2.98 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 6.1% | - | 5.9% | 6.1% | 5.9% | - | 5.4% | 5.5% | - | 4.8% |
| Effective tax rate | 29.3% | - | 30.7% | 94.1% | 56.6% | - | 24.6% | 24.3% | - | 20.2% |
| Return on assets | 0.6% | - | 0.7% | 0.0% | 0.2% | - | 0.7% | 0.7% | - | 0.9% |
| Return on equity | 1.2% | - | 1.3% | 0.1% | 0.3% | - | 1.4% | 1.4% | - | 1.9% |
| Return on invested capital | 1.2% | - | 1.2% | 0.8% | 0.4% | - | 1.5% | 1.5% | - | 1.6% |
| Liquidity | ||||||||||
| Current ratio | 2.18 | 2.28 | 2.32 | 2.36 | 2.37 | 2.32 | 2.36 | 2.35 | 2.29 | 2.44 |
| Quick ratio | 1.42 | 1.52 | 1.50 | 1.46 | 1.48 | 1.46 | 1.45 | 1.42 | 1.33 | 1.40 |
| Cash ratio | 0.49 | 0.51 | 0.46 | 0.45 | 0.56 | 0.49 | 0.51 | 0.48 | 0.39 | 0.37 |
| Leverage | ||||||||||
| Debt / Equity | 0.19 | 0.19 | 0.20 | 0.19 | 0.25 | 0.23 | 0.25 | 0.26 | 0.31 | 0.41 |
| Debt / Assets | 0.10 | 0.10 | 0.10 | 0.10 | 0.13 | 0.12 | 0.13 | 0.13 | 0.15 | 0.19 |
| Debt / EBITDA | 6.06 | - | 6.09 | 6.37 | 11.71 | - | 7.02 | 7.48 | - | 10.31 |
| Interest coverage | 6.0x | - | 5.4x | 3.2x | 2.2x | - | 4.3x | 3.9x | - | 3.6x |
| Equity multiplier | 1.91 | 1.88 | 1.86 | 1.83 | 1.93 | 1.92 | 1.95 | 1.97 | 2.11 | 2.19 |
| Liabilities / Assets | 0.48 | 0.47 | 0.46 | 0.45 | 0.48 | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.33 | - | 0.34 | 0.33 | 0.31 | - | 0.32 | 0.32 | - | 0.32 |
| Inventory turnover | 1.20 | - | 1.20 | 1.09 | 1.01 | - | 1.02 | 1.00 | - | 0.90 |
| Days sales outstanding | 197d | - | 196d | 202d | 209d | - | 200d | 200d | - | 234d |
| Days inventory outstanding | 305d | - | 303d | 336d | 360d | - | 359d | 366d | - | 407d |
| Days payable outstanding | 271d | - | 228d | 224d | 247d | - | 220d | 211d | - | 214d |
| Cash conversion cycle | 230d | - | 272d | 314d | 321d | - | 339d | 355d | - | 426d |
| Valuation | ||||||||||
| P / E | 155.7x | - | 98.8x | 1294.3x | 380.3x | - | 105.5x | 91.8x | - | 42.6x |
| P / B | 1.9x | - | 1.3x | 1.3x | 1.3x | - | 1.5x | 1.3x | - | 0.8x |
| P / S | 2.9x | - | 2.0x | 2.1x | 2.1x | - | 2.4x | 2.1x | - | 1.2x |
| EV / EBITDA | 56.7x | - | 37.3x | 41.5x | 55.8x | - | 39.8x | 36.7x | - | 24.9x |
| Growth | ||||||||||
| Revenue growth (YoY) | 6.6% | - | 3.3% | - | -4.7% | - | -8.8% | - | - | -7.6% |
| Revenue CAGR (3y) | - | - | -4.5% | -3.9% | -0.4% | - | 4.6% | 9.3% | - | 11.2% |
| Revenue CAGR (5y) | 5.8% | - | 5.3% | 5.2% | 4.2% | - | 3.4% | 2.0% | - | 3.4% |
| Gross profit growth (YoY) | 9.6% | - | 1.8% | - | -7.0% | - | -3.4% | - | - | 3.5% |
| Operating income growth (YoY) | 86.0% | - | -15.8% | - | -56.9% | - | -7.4% | - | - | 20.0% |
| Net income growth (YoY) | 257.4% | - | -7.2% | - | -76.5% | - | -24.7% | - | - | 8.4% |
| EPS growth (YoY) | 260.0% | - | -7.1% | - | -76.7% | - | -26.3% | - | - | 7.5% |
| EPS CAGR (3y) | - | - | -9.7% | -60.6% | -31.4% | - | 22.2% | 25.0% | - | 52.7% |
| EPS CAGR (5y) | 10.4% | - | 19.5% | - | 0.0% | - | 17.2% | 4.8% | - | 27.4% |
| FCF growth (YoY) | 10.3% | - | - | - | -35.0% | - | - | - | - | - |
| FCF CAGR (5y) | 0.1% | - | - | - | - | - | - | 43.6% | - | - |
| Book value growth (YoY) | -0.7% | -1.2% | 0.6% | - | 0.9% | 3.2% | 3.7% | - | 5.1% | 6.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.66B totalAmericas Segment$1.18B · 44.6%
Asia Segment$1.13B · 42.5%
Europe Segment$343.58M · 12.9%
Geographic
$3.30B totalUS$1.42B · 43.0%
SG$504.30M · 15.3%
Asia$454.94M · 13.8%
Europe$433.90M · 13.2%
Other Asia$240.63M · 7.3%
Americas$180.98M · 5.5%
Other Regions$63.62M · 1.9%
Peer comparison
Same SIC group: Printed Circuit Boards
Comparing BENCHMARK ELECTRONICS INC against the 5 most active filers in the same SIC group.
Dividends
$0.68/share trailing 12 months · +0.7% YoY
| Ex-date | Per share |
|---|---|
| Mar 31, 2026 | $0.1700 |
| Dec 31, 2025 | $0.1700 |
| Sep 30, 2025 | $0.1700 |
| Jun 30, 2025 | $0.1700 |
| Mar 31, 2025 | $0.1700 |
| Dec 31, 2024 | $0.1700 |
| Sep 30, 2024 | $0.1700 |
| Jun 28, 2024 | $0.1650 |
| Mar 27, 2024 | $0.1650 |
| Dec 28, 2023 | $0.1650 |
| Sep 28, 2023 | $0.1650 |
| Jun 29, 2023 | $0.1650 |
| Mar 30, 2023 | $0.1650 |
| Dec 29, 2022 | $0.1650 |
| Sep 29, 2022 | $0.1650 |
| Jun 29, 2022 | $0.1650 |
| Mar 30, 2022 | $0.1650 |
| Dec 29, 2021 | $0.1650 |
| Sep 29, 2021 | $0.1650 |
| Jun 29, 2021 | $0.1650 |
| Mar 30, 2021 | $0.1600 |
| Dec 29, 2020 | $0.1600 |
| Sep 29, 2020 | $0.1600 |
| Jun 29, 2020 | $0.1600 |