BENCHMARK ELECTRONICS INC
BENCHMARK ELECTRONICS INC
BENCHMARK ELECTRONICS INC (BHE) — SEC Financial Statements & Analysis
BENCHMARK ELECTRONICS INC (BHE) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash And Cash Equivalents At Carrying Value | 325 | 322 | 285 | 265 | 355 | 315 | 324 | 309 | 296 | 277 | 260 | 245 | |||||
Restricted Cash Current | 0 | 0 | 1 | 0 | 0 | 13 | 0 | 1 | 0 | 6 | 1 | 1 | |||||
Accounts Receivable Net Current | 376 | 391 | 378 | 369 | 374 | 412 | 372 | 377 | 417 | 449 | 478 | 485 | |||||
Contract With Customer Asset Net Current | 191 | 183 | 199 | 175 | 172 | 168 | 187 | 182 | 181 | 175 | 190 | 186 | |||||
Inventory Net | 507 | 483 | 509 | 532 | 560 | 554 | 582 | 600 | 638 | 684 | 725 | 756 | |||||
Prepaid Expense And Other Assets Current | 60 | 69 | 63 | 56 | 44 | 45 | 44 | 42 | 47 | 44 | 52 | 49 | |||||
Income Taxes Receivable | - | - | - | - | - | - | - | - | - | - | 1 | 0 | |||||
Assets Current | 1,460 | 1,448 | 1,435 | 1,397 | 1,505 | 1,506 | 1,509 | 1,511 | 1,579 | 1,636 | 1,707 | 1,721 | |||||
Property Plant And Equipment Net | 235 | 224 | 226 | 224 | 224 | 225 | 224 | 226 | 224 | 228 | 232 | 222 | |||||
Operating Lease Right Of Use Asset | 105 | 103 | 106 | 111 | 114 | 118 | 122 | 125 | 128 | 131 | 122 | 93 | |||||
Goodwill | 192 | 192 | 192 | 192 | 192 | 192 | 192 | 192 | 192 | 192 | 192 | 192 | |||||
Deferred Income Tax Assets Net | 36 | 35 | 37 | 37 | 35 | 27 | 34 | 30 | 28 | 27 | 16 | 15 | |||||
Other Assets Noncurrent | 69 | 70 | 70 | 70 | 65 | 66 | 68 | 71 | 62 | 61 | 64 | 65 | |||||
Assets | 2,096 | 2,072 | 2,067 | 2,031 | 2,136 | 2,134 | 2,149 | 2,155 | 2,213 | 2,275 | 2,333 | 2,307 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Long Term Debt And Capital Lease Obligations Curre… | 4 | 4 | 4 | 4 | 7 | 7 | 7 | 6 | 5 | 4 | 4 | 3 | |||||
Accounts Payable Current | 451 | 403 | 383 | 355 | 384 | 354 | 356 | 346 | 348 | 367 | 382 | 417 | |||||
Contract With Customer Liability Current | 111 | 116 | 124 | 126 | 128 | 144 | 145 | 157 | 189 | 205 | 189 | 186 | |||||
Accrued Income Taxes Current | 6 | 8 | 2 | 6 | 23 | 22 | 24 | 27 | 24 | 22 | 13 | 15 | |||||
Accrued Liabilities Current | 97 | 105 | 106 | 101 | 95 | 122 | 107 | 107 | 101 | 115 | 111 | 101 | |||||
Liabilities Current | 669 | 636 | 619 | 592 | 636 | 649 | 639 | 643 | 668 | 714 | 699 | 722 | |||||
Long Term Debt And Capital Lease Obligations | 201 | 207 | 213 | 203 | 269 | 250 | 272 | 284 | 310 | 327 | 428 | 424 | |||||
Operating Lease Liability Noncurrent | 100 | 99 | 102 | 105 | 106 | 109 | 114 | 117 | 120 | 123 | 114 | 85 | |||||
Other Liabilities Noncurrent | 22 | 23 | 22 | 21 | 19 | 18 | 21 | 16 | 30 | 32 | 28 | 28 | |||||
Deferred Income Tax Liabilities Net | 8 | 8 | 3 | 3 | - | 4 | - | - | - | 0 | 0 | 0 | |||||
Liabilities | 1,000 | 972 | 958 | 924 | 1,031 | 1,030 | - | - | - | - | - | - | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |||||
Additional Paid In Capital | 533 | 537 | 535 | 533 | 530 | 535 | 532 | 530 | 526 | 529 | 526 | 522 | |||||
Retained Earnings Accumulated Deficit | 570 | 568 | 578 | 577 | 588 | 587 | 584 | 578 | 569 | 561 | 549 | 534 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -11 | -9 | -7 | -7 | -17 | -21 | -17 | -17 | -13 | -14 | -15 | -13 | |||||
Stockholders Equity | 1,097 | 1,100 | 1,109 | 1,107 | 1,105 | 1,105 | 1,103 | 1,095 | 1,085 | 1,079 | 1,063 | 1,048 | |||||
Liabilities And Stockholders Equity | 2,096 | 2,072 | 2,067 | 2,031 | 2,136 | 2,134 | 2,149 | 2,155 | 2,213 | 2,275 | 2,333 | 2,307 | |||||
Allowance For Doubtful Accounts Receivable Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |||||
Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |||||
Common Stock Shares Authorized | 145 | 145 | 145 | 145 | 145 | 145 | 145 | 145 | 145 | 145 | 145 | 145 | |||||
Common Stock Shares Issued | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | |||||
Shares Outstanding | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.74% | 12.33% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 6.42% | 10.28% | 17.56% | 5.66% | 4.23% | 9.37% | -3.79% | -4.13% | 5.85% | -9.33% | 9.51% | 42.99% |
| 2024 | 19.38% | 9.69% | 12.36% | -2.11% | 0.73% | 2.11% | 4.90% | -1.55% | 5.10% | -0.55% | -10.67% | -6.66% |
| 2023 | 13.22% | 17.27% | 24.90% | -5.04% | -8.12% | -11.22% | 4.48% | 16.07% | 6.79% | -4.35% | -1.72% | 36.62% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.18 | 2.28 | 2.32 | 2.36 | 2.37 | 2.32 | 2.36 | 2.35 | 2.36 | 2.29 | 2.44 | 2.38 | |||||
| Quick Ratio | 1.33 | 1.41 | 1.39 | 1.37 | 1.42 | 1.40 | 1.38 | 1.35 | 1.34 | 1.27 | 1.33 | 1.27 | |||||
| Working Capital | 790.76M | 812.56M | 816.48M | 804.84M | 868.87M | 857.33M | 869.58M | 867.59M | 910.79M | 922.20M | 1.01B | 999.14M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.91 | 0.88 | 0.86 | 0.83 | 0.93 | 0.93 | 0.58 | 0.59 | 0.62 | 0.66 | 0.66 | 0.69 | |||||
| Interest Coverage TTM | 4.65 | 3.77 | 3.80 | 3.64 | 3.83 | 4.06 | 3.84 | 3.68 | 3.44 | 3.44 | 3.65 | 4.20 | |||||
| Debt Ratio | 0.48 | 0.47 | 0.46 | 0.45 | 0.48 | 0.48 | 0.30 | 0.30 | 0.30 | 0.31 | 0.30 | 0.31 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.28 | 1.26 | 1.24 | 1.24 | 1.20 | 1.20 | 1.20 | 1.23 | 1.26 | 1.26 | 1.26 | 1.32 | |||||
| Days Sales Outstanding TTM | 50.61 | 55.15 | 52.43 | 52.58 | 55.30 | 59.22 | 57.65 | 57.10 | 56.91 | 60.51 | 60.23 | 57.60 | |||||
| Receivables Turnover TTM | 7.21 | 6.62 | 6.96 | 6.94 | 6.60 | 6.16 | 6.33 | 6.39 | 6.41 | 6.03 | 6.06 | 6.34 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 0.94 | 0.68 | 0.97 | 1.00 | 1.39 | 1.66 | 1.71 | 1.85 | 1.81 | 1.79 | 1.89 | 1.86 | |||||
| Free Cash Flow Per Share TTM | 2.55 | 2.46 | 2.16 | 2.24 | 3.96 | 4.39 | 6.89 | 6.58 | 5.72 | 2.83 | -2.60 | -4.19 | |||||
| Dividend Per Share TTM | 0.68 | 0.68 | 0.68 | 0.68 | 0.67 | 0.66 | 0.66 | 0.65 | 0.66 | 0.66 | 0.65 | 0.65 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 10.21% | 10.16% | 10.10% | 10.14% | 10.17% | 10.17% | 10.15% | 10.01% | 9.74% | 9.55% | 9.39% | 9.15% | |||||
| Operating Profit Margin TTM | 3.19% | 2.86% | 3.23% | 3.43% | 3.66% | 4.12% | 4.20% | 4.19% | 3.99% | 3.86% | 3.61% | 3.37% | |||||
| Net Profit Margin TTM | 1.27% | 0.93% | 1.34% | 1.40% | 1.94% | 2.30% | 2.32% | 2.45% | 2.34% | 2.27% | 2.35% | 2.25% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 3.53% | 0.11% | -2.93% | -5.95% | -7.36% | -6.44% | -7.17% | -6.70% | -4.25% | -1.64% | 4.68% | 14.83% | |||||
| Net Income Growth (1Y) | -32.57% | -59.34% | -43.80% | -46.35% | -23.03% | -4.96% | -8.13% | 1.65% | -5.27% | -5.74% | 14.39% | 36.44% | |||||
| EPS Growth (1Y) | -32.03% | -59.24% | -43.41% | -46.26% | -23.55% | -6.03% | -9.16% | 0.44% | -6.53% | -6.76% | 12.80% | 34.68% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 58.47 | 61.43 | 38.97 | 38.08 | 26.53 | 26.13 | 24.93 | 20.46 | 15.75 | 14.69 | 12.16 | 13.15 | |||||
| P/B | 1.83 | 1.39 | 1.23 | 1.25 | 1.22 | 1.45 | 1.41 | 1.26 | 0.96 | 0.88 | 0.78 | 0.83 | |||||
| P/S TTM | 0.74 | 0.57 | 0.52 | 0.53 | 0.52 | 0.60 | 0.58 | 0.50 | 0.37 | 0.33 | 0.29 | 0.30 | |||||
| Market Cap | 2.00B | 1.53B | 1.37B | 1.38B | 1.35B | 1.60B | 1.56B | 1.38B | 1.04B | 944.97M | 826.45M | 873.18M | |||||
| Enterprise Value | 1.88B | 1.41B | 1.30B | 1.32B | 1.27B | 1.53B | 1.51B | 1.36B | 1.06B | 992.71M | 998.21M | 1.06B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 91.26M | 88.35M | 77.28M | 80.70M | 142.75M | 157.92M | 248.37M | 237.36M | 204.92M | 100.82M | -92.73M | -149.15M | |||||
| Net Debt | -120.46M | -111.82M | -69.66M | -57.40M | -79.70M | -70.83M | -45.67M | -20.38M | 19.17M | 47.74M | 171.75M | 182.10M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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