Benchmark Electronics (BHE) Financials

$34.48 -0.22 (-0.63%)

Closing price 05/6/2025 03:59 PM Eastern

Extended Trading

$35.08 +0.60 (+1.74%)

As of 07:09 AM Eastern

Annual Income Statements for Benchmark Electronics

This table shows Benchmark Electronics' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	81	95	64	-32	23	23	14	36	68	64	63
Consolidated Net Income / (Loss)	81	95	64	-32	23	23	14	36	68	64	63
Net Income / (Loss) Continuing Operations	81	95	64	-32	23	23	14	36	68	64	63
Total Pre-Tax Income	99	90	69	71	56	27	17	45	84	81	84
Total Operating Income	100	93	77	77	59	29	25	53	90	110	109
Total Gross Profit	220	219	215	226	206	186	175	206	255	271	270
Total Revenue	2,797	2,541	2,322	2,454	2,566	2,268	2,053	2,255	2,886	2,839	2,656
Operating Revenue	2,797	2,541	2,322	2,454	2,566	2,268	2,053	2,255	2,886	2,839	2,656
Total Cost of Revenue	2,577	2,322	2,108	2,229	2,361	2,083	1,878	2,049	2,631	2,568	2,386
Operating Cost of Revenue	2,577	2,322	2,108	2,229	2,361	2,083	1,878	2,049	2,631	2,568	2,386
Total Operating Expenses	120	126	138	149	147	157	150	153	165	161	161
Selling, General & Admin Expense	112	107	113	130	128	127	122	137	150	147	149
Amortization Expense	3.78	4.96	12	10	9.49	9.46	9.10	6.38	6.38	5.98	4.82
Other Operating Expenses / (Income)	-1.57	-	-	-	-	7.68	-1.35	-3.94	0.00	0.00	0.00
Restructuring Charge	7.13	14	13	8.63	9.37	13	20	14	8.57	8.40	6.34
Total Other Income / (Expense), net	-1.52	-2.93	-7.45	-5.82	-3.00	-1.28	-7.84	-7.66	-5.73	-28	-26
Interest Expense	1.89	3.00	9.30	9.41	10	6.66	8.36	8.47	13	32	27
Interest & Investment Income	2.05	1.21	2.14	5.37	6.85	3.83	1.20	0.54	1.73	6.26	10
Other Income / (Expense), net	-1.67	-1.14	-0.28	-1.79	0.63	1.56	-0.67	0.28	5.44	-2.83	-8.80
Income Tax Expense	17	-5.36	5.48	103	33	3.84	3.24	9.64	16	17	21
Basic Earnings per Share	$1.52	$1.85	$1.30	($0.64)	$0.49	$0.61	$0.38	$1.00	$1.94	$1.81	$1.76
Weighted Average Basic Shares Outstanding	53.54M	51.57M	49.30M	49.68M	46.33M	38.34M	36.52M	35.66M	35.18M	35.57M	35.97M
Diluted Earnings per Share	$1.50	$1.83	$1.28	($0.64)	$0.49	$0.60	$0.38	$0.99	$1.91	$1.79	$1.72
Weighted Average Diluted Shares Outstanding	54.22M	52.09M	49.83M	49.68M	46.66M	38.76M	36.82M	36.10M	35.72M	35.97M	36.76M
Weighted Average Basic & Diluted Shares Outstanding	53.40M	51.60M	49.30M	49.90M	46.60M	36.76M	36.33M	35.20M	35.19M	35.77M	36.02M

This table shows Benchmark Electronics' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	6/30/2024	9/30/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	19	21	12	14	20	18	16	15	3.64
Consolidated Net Income / (Loss)	19	21	12	14	20	18	16	15	3.64
Net Income / (Loss) Continuing Operations	19	21	12	14	20	18	16	15	3.64
Total Pre-Tax Income	23	26	15	18	26	22	21	20	8.39
Total Operating Income	25	27	23	24	30	32	27	28	12
Total Gross Profit	67	72	64	67	69	71	68	67	63
Total Revenue	772	751	695	733	720	691	666	658	632
Operating Revenue	772	751	695	733	720	691	666	658	632
Total Cost of Revenue	705	679	631	666	651	620	598	591	569
Operating Cost of Revenue	705	679	631	666	651	620	598	591	569
Total Operating Expenses	41	45	41	43	39	39	41	39	51
Selling, General & Admin Expense	39	40	38	38	36	36	38	37	39
Amortization Expense	1.59	1.59	1.59	1.59	1.59	1.20	1.20	1.21	1.20
Restructuring Charge	1.33	4.05	1.43	3.29	1.64	2.05	1.47	0.80	11
Total Other Income / (Expense), net	-1.95	-0.72	-7.36	-6.58	-4.75	-9.76	-6.73	-7.71	-3.37
Interest Expense	3.49	5.47	6.45	8.26	8.48	8.69	6.93	6.57	5.30
Interest & Investment Income	0.45	0.89	1.26	1.62	1.34	2.03	2.53	2.81	2.73
Other Income / (Expense), net	1.09	3.86	-2.17	0.06	2.38	-3.11	-2.32	-3.95	-0.80
Income Tax Expense	4.50	5.01	3.03	3.92	5.18	4.78	5.00	5.02	4.75
Basic Earnings per Share	$0.54	$0.60	$0.35	$0.39	$0.57	$0.50	$0.43	$0.43	$0.10
Weighted Average Basic Shares Outstanding	35.15M	35.18M	35.34M	35.62M	35.65M	35.57M	36.05M	36.05M	36.05M
Diluted Earnings per Share	$0.53	$0.58	$0.35	$0.39	$0.57	$0.48	$0.43	$0.42	$0.10
Weighted Average Diluted Shares Outstanding	35.35M	35.72M	35.59M	35.68M	35.88M	35.97M	36.50M	36.63M	36.61M
Weighted Average Basic & Diluted Shares Outstanding	35.18M	35.19M	-	35.67M	35.68M	35.77M	36.11M	36.00M	36.10M

This table details how cash moves in and out of Benchmark Electronics' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	82	39	215	58	-283	-94	32	-124	-64	76	45
Net Cash From Operating Activities	135	147	273	146	77	93	120	-2.62	-177	174	189
Net Cash From Continuing Operating Activities	135	147	273	146	77	93	120	-2.62	-177	174	189
Net Income / (Loss) Continuing Operations	81	95	64	-32	23	23	14	36	68	64	63
Consolidated Net Income / (Loss)	81	95	64	-32	23	23	14	36	68	64	63
Depreciation Expense	41	43	41	37	38	37	38	35	33	34	36
Amortization Expense	5.19	6.85	14	12	13	11	11	9.15	11	11	10
Non-Cash Adjustments To Reconcile Net Income	4.42	8.34	-6.35	19	25	2.96	84	7.14	70	36	-40
Changes in Operating Assets and Liabilities, net	3.33	-6.04	160	110	-23	18	-27	-90	-360	29	119
Net Cash From Investing Activities	-27	-267	-21	-56	-69	-35	-34	-42	-41	-77	-33
Net Cash From Continuing Investing Activities	-27	-267	-21	-56	-69	-35	-34	-42	-41	-77	-33
Purchase of Property, Plant & Equipment	-45	-38	-32	-55	-67	-35	-40	-42	-47	-78	-33
Sale of Property, Plant & Equipment	0.45	0.61	0.36	0.28	0.24	0.26	0.37	0.24	0.32	0.65	2.01
Divestitures	6.26	-	11	-	0.00	0.00	4.71	0.00	5.37	0.00	0.00
Other Investing Activities, net	0.92	0.19	-0.22	-2.15	-0.15	-0.05	0.05	0.06	-0.09	-0.05	-1.52
Net Cash From Financing Activities	-25	159	-35	-31	-291	-153	-58	-74	159	-24	-109
Net Cash From Continuing Financing Activities	-25	159	-35	-31	-291	-153	-58	-74	159	-24	-109
Repayment of Debt	-0.58	-24	-37	-113	-109	-5.63	-118	-157	-634	-744	-674
Repurchase of Common Equity	-44	-68	-42	-29	-212	-122	-25	-40	-9.39	0.00	-5.10
Payment of Dividends	-	-	0.00	0.00	-21	-23	-23	-23	-23	-23	-24
Issuance of Debt	0.00	250	25	100	50	0.00	111	150	828	750	600
Other Financing Activities, net	20	1.89	19	11	1.20	-1.81	-2.63	-3.70	-2.65	-5.81	-5.99
Effect of Exchange Rate Changes	-1.26	-1.02	-1.10	-	-	-	3.51	-	-4.91	2.21	-2.54
Cash Interest Paid	-	-	-	-	-	-	-	-	12	31	28
Cash Income Taxes Paid	-	-	-	-	-	-	-	-	28	38	47

This table details how cash moves in and out of Benchmark Electronics' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	-15	-42	4.26	34	15	22	13	3.60	27
Net Cash From Operating Activities	-31	-53	-25	25	38	137	48	46	32
Net Cash From Continuing Operating Activities	-31	-53	-25	25	38	137	48	46	32
Net Income / (Loss) Continuing Operations	19	21	12	14	20	18	14	18	3.64
Consolidated Net Income / (Loss)	19	21	12	14	20	18	14	18	3.64
Depreciation Expense	8.37	8.47	8.32	8.45	8.67	8.93	9.05	9.01	9.16
Amortization Expense	2.76	2.80	2.78	3.00	2.89	2.38	2.54	2.55	2.61
Non-Cash Adjustments To Reconcile Net Income	34	-3.08	-18	13	4.89	36	-19	19	-15
Changes in Operating Assets and Liabilities, net	-95	-82	-31	-14	0.73	73	42	-2.87	31
Net Cash From Investing Activities	-8.61	-13	-39	-7.75	-20	-11	-6.15	-9.03	-4.11
Net Cash From Continuing Investing Activities	-8.61	-13	-39	-7.75	-20	-11	-6.15	-9.03	-4.11
Purchase of Property, Plant & Equipment	-8.62	-13	-39	-8.32	-20	-11	-5.90	-9.03	-4.16
Sale of Property, Plant & Equipment	0.01	0.03	0.02	0.62	0.00	0.01	0.00	0.00	0.05
Divestitures	-	-	0.00	-	-	-	0.00	-	0.00
Other Investing Activities, net	-	-0.10	0.00	-0.05	0.00	-	-0.25	-	0.00
Net Cash From Financing Activities	29	19	67	18	-1.05	-107	-27	-28	-2.47
Net Cash From Continuing Financing Activities	29	19	67	18	-1.05	-107	-27	-28	-2.47
Repayment of Debt	-160	-210	-152	-156	-200	-237	-191	-167	-157
Repurchase of Common Equity	-	-	0.00	-	-	-	0.00	0.00	-8.00
Payment of Dividends	-5.79	-5.74	-5.81	-5.89	-5.87	-5.89	-5.89	-6.12	-6.12
Issuance of Debt	195	235	230	180	205	135	175	145	175
Other Financing Activities, net	-0.20	0.19	-5.53	-0.16	-0.18	0.06	-5.43	-0.14	-6.71
Effect of Exchange Rate Changes	-3.76	4.65	0.85	-1.06	-1.44	3.85	-2.32	-5.38	2.39
Cash Interest Paid	-	-	-	-	-	-	-	-	5.03
Cash Income Taxes Paid	-	-	-	-	-	-	-	-	5.68

This table presents Benchmark Electronics' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	1,675	1,894	1,999	2,109	1,900	1,760	1,744	1,904	2,227	2,275	2,139
Total Current Assets	1,379	1,389	1,532	1,631	1,404	1,195	1,202	1,348	1,652	1,636	1,504
Cash & Equivalents	427	466	681	743	458	348	391	272	207	277	315
Restricted Cash	-	-	-	-	0.00	16	5.18	-	0.00	5.82	13
Accounts Receivable	520	479	441	437	468	324	309	356	492	449	412
Inventories, net	401	412	381	269	310	315	327	523	728	684	554
Prepaid Expenses	29	31	28	36	27	30	26	42	41	44	43
Other Current Assets	-	-	-	146	140	161	143	155	184	175	168
Plant, Property, & Equipment, net	190	178	166	186	211	206	185	187	211	228	225
Total Noncurrent Assets	107	327	301	292	285	359	357	369	364	411	410
Goodwill	46	199	192	192	192	192	192	192	192	192	192
Noncurrent Deferred & Refundable Income Taxes	31	14	6.57	4.03	2.48	5.27	4.92	5.97	12	27	34
Other Noncurrent Operating Assets	29	114	103	97	91	162	160	171	159	192	184
Total Liabilities & Shareholders' Equity	1,675	1,894	1,999	2,109	1,900	1,760	1,744	1,904	2,227	2,275	2,139
Total Liabilities	386	572	633	770	768	745	755	930	1,201	1,196	1,026
Total Current Liabilities	359	333	412	478	537	459	481	654	749	714	649
Short-Term Debt	0.68	12	12	18	6.79	8.83	9.16	0.99	4.28	4.28	6.74
Accounts Payable	290	251	326	363	422	303	282	427	424	367	354
Accrued Expenses	-	-	-	-	-	102	100	103	110	115	122
Current Deferred Revenue	-	-	-	-	-	38	84	118	198	205	144
Current Deferred & Payable Income Tax Liabilities	5.45	5.07	3.53	12	10	7.90	5.57	6.16	12	22	22
Total Noncurrent Liabilities	27	239	221	292	230	286	274	276	452	482	377
Long-Term Debt	8.85	223	211	193	147	139	131	129	321	327	250
Other Noncurrent Operating Liabilities	18	16	9.57	90	69	133	138	146	131	155	127
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,290	1,322	1,365	1,339	1,132	1,015	990	974	1,026	1,079	1,113
Total Preferred & Common Equity	1,290	1,322	1,365	1,339	1,132	1,015	990	974	1,026	1,079	1,113
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,290	1,322	1,365	1,339	1,132	1,015	990	974	1,026	1,079	1,113
Common Stock	655	630	631	639	559	516	514	511	523	532	539
Retained Earnings	644	705	748	708	584	516	492	480	520	561	596
Accumulated Other Comprehensive Income / (Loss)	-9.48	-13	-14	-8.15	-11	-17	-17	-17	-16	-14	-21

This table presents Benchmark Electronics' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q2 2023	Q3 2023	Q1 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	6/30/2023	9/30/2023	6/30/2024	9/30/2024	3/31/2025
Total Assets	2,277	2,307	2,333	2,155	2,149	2,136
Total Current Assets	1,708	1,721	1,707	1,511	1,509	1,505
Cash & Equivalents	247	245	260	309	324	355
Restricted Cash	2.04	0.74	1.22	0.58	0.00	0.00
Accounts Receivable	479	485	478	377	372	374
Inventories, net	747	756	725	600	582	560
Prepaid Expenses	45	49	52	42	44	44
Other Current Assets	188	186	190	182	187	172
Plant, Property, & Equipment, net	204	222	232	226	224	224
Total Noncurrent Assets	364	364	394	418	416	406
Goodwill	192	192	192	192	192	192
Noncurrent Deferred & Refundable Income Taxes	8.67	15	16	30	34	35
Other Noncurrent Operating Assets	163	157	186	196	190	179
Total Liabilities & Shareholders' Equity	2,277	2,307	2,333	2,155	2,149	2,136
Total Liabilities	1,276	1,260	1,270	1,060	1,046	1,031
Total Current Liabilities	849	722	699	643	639	636
Short-Term Debt	3.45	3.46	4.28	5.93	6.75	6.69
Accounts Payable	522	417	382	346	356	384
Accrued Expenses	99	101	111	107	107	95
Current Deferred Revenue	212	186	189	157	145	128
Current Deferred & Payable Income Tax Liabilities	12	15	13	27	24	23
Total Noncurrent Liabilities	427	538	571	417	407	395
Long-Term Debt	296	424	428	284	272	269
Other Noncurrent Operating Liabilities	130	113	142	133	135	126
Total Equity & Noncontrolling Interests	1,001	1,048	1,063	1,095	1,103	1,105
Total Preferred & Common Equity	1,001	1,048	1,063	1,095	1,103	1,105
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,001	1,048	1,063	1,095	1,103	1,105
Common Stock	517	526	529	533	536	534
Retained Earnings	504	534	549	578	584	588
Accumulated Other Comprehensive Income / (Loss)	-21	-13	-15	-17	-17	-17

This table displays calculated financial ratios and metrics derived from Benchmark Electronics' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	11.59%	-9.16%	-8.60%	5.69%	4.56%	-11.63%	-9.48%	9.85%	27.98%	-1.64%	-6.44%
EBITDA Growth	-7.78%	-2.36%	-6.91%	-6.08%	-10.27%	-29.25%	-6.72%	33.09%	43.35%	8.94%	-3.61%
EBIT Growth	-15.26%	-6.75%	-16.61%	-2.01%	-21.15%	-49.12%	-18.75%	118.06%	79.05%	11.87%	-5.83%
NOPAT Growth	-26.01%	19.42%	-28.13%	-148.76%	169.67%	1.97%	-16.69%	104.62%	74.31%	19.18%	-4.90%
Net Income Growth	-26.77%	17.43%	-32.99%	-149.90%	171.52%	2.66%	-40.00%	154.50%	90.74%	-5.74%	-1.54%
EPS Growth	-26.11%	22.00%	-30.05%	-150.00%	176.56%	22.45%	-36.67%	160.53%	92.93%	-6.28%	-3.91%
Operating Cash Flow Growth	37.00%	8.81%	85.30%	-46.60%	-47.42%	21.45%	29.31%	-102.18%	-6,668.38%	198.21%	8.57%
Free Cash Flow Firm Growth	717.66%	-230.79%	310.40%	-74.47%	-93.64%	1,210.84%	57.54%	-166.54%	-320.95%	143.54%	60.60%
Invested Capital Growth	-1.12%	25.16%	-16.81%	-10.95%	2.46%	-3.57%	-8.11%	13.43%	37.44%	-1.50%	-7.49%
Revenue Q/Q Growth	26.85%	-22.16%	-0.27%	1.94%	-0.35%	-6.15%	0.63%	5.22%	4.25%	-2.05%	0.00%
EBITDA Q/Q Growth	-6.28%	-17.30%	2.04%	-3.62%	-5.33%	-24.31%	40.70%	6.80%	9.94%	-1.15%	0.00%
EBIT Q/Q Growth	-9.94%	-24.82%	3.62%	-4.57%	-9.71%	-45.43%	692.13%	14.79%	15.14%	-1.67%	0.00%
NOPAT Q/Q Growth	-24.55%	-19.36%	-24.72%	-150.94%	127.87%	-57.88%	630.30%	12.53%	11.26%	4.03%	0.00%
Net Income Q/Q Growth	-23.60%	-2.82%	-24.70%	-150.71%	128.08%	-59.66%	2,561.47%	15.22%	14.81%	-5.39%	0.00%
EPS Q/Q Growth	-34.78%	22.00%	-23.81%	-151.61%	130.43%	-55.56%	0.00%	15.12%	14.37%	-5.29%	0.00%
Operating Cash Flow Q/Q Growth	20.61%	4.67%	6.16%	8.52%	98.37%	-38.44%	96.04%	-102.80%	-40.81%	1,221.87%	-32.51%
Free Cash Flow Firm Q/Q Growth	735.30%	-184.77%	1,830.96%	-22.37%	107.22%	-49.83%	298.92%	-221.11%	-30.21%	203.77%	0.00%
Invested Capital Q/Q Growth	0.82%	29.23%	-1.89%	-11.11%	-5.91%	-3.85%	-9.63%	3.74%	8.83%	-8.74%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	7.88%	8.63%	9.24%	9.20%	8.02%	8.18%	8.53%	9.13%	8.84%	9.55%	10.17%
EBITDA Margin	5.18%	5.57%	5.67%	5.04%	4.33%	3.46%	3.57%	4.32%	4.84%	5.36%	5.53%
Operating Margin	3.58%	3.66%	3.31%	3.13%	2.28%	1.26%	1.22%	2.35%	3.12%	3.86%	4.12%
EBIT Margin	3.52%	3.61%	3.30%	3.06%	2.31%	1.33%	1.19%	2.37%	3.31%	3.76%	3.79%
Profit (Net Income) Margin	2.90%	3.75%	2.75%	-1.30%	0.89%	1.03%	0.68%	1.59%	2.36%	2.27%	2.38%
Tax Burden Percent	82.37%	105.96%	92.11%	-44.93%	41.08%	85.90%	81.28%	78.78%	80.90%	79.19%	75.48%
Interest Burden Percent	100.16%	98.05%	90.64%	94.62%	93.87%	90.58%	70.70%	85.13%	88.31%	76.02%	83.39%
Effective Tax Rate	17.63%	-5.96%	7.89%	144.93%	58.92%	14.10%	18.72%	21.22%	19.10%	20.81%	24.52%
Return on Invested Capital (ROIC)	9.41%	10.04%	7.08%	-4.02%	2.94%	3.01%	2.67%	5.34%	7.37%	7.65%	7.61%
ROIC Less NNEP Spread (ROIC-NNEP)	9.74%	10.99%	9.08%	-4.55%	3.23%	3.44%	5.37%	8.37%	46.05%	-19.61%	174.45%
Return on Net Nonoperating Assets (RNNOA)	-2.95%	-2.73%	-2.33%	1.66%	-1.09%	-0.83%	-1.26%	-1.69%	-0.55%	-1.54%	-1.84%
Return on Equity (ROE)	6.46%	7.31%	4.76%	-2.36%	1.85%	2.18%	1.40%	3.64%	6.82%	6.11%	5.78%
Cash Return on Invested Capital (CROIC)	10.54%	-12.31%	25.44%	7.56%	0.50%	6.65%	11.12%	-7.24%	-24.16%	9.16%	15.39%
Operating Return on Assets (OROA)	5.91%	5.15%	3.93%	3.65%	2.95%	1.65%	1.40%	2.92%	4.62%	4.75%	4.56%
Return on Assets (ROA)	4.88%	5.35%	3.28%	-1.55%	1.14%	1.28%	0.80%	1.96%	3.30%	2.86%	2.87%
Return on Common Equity (ROCE)	6.46%	7.31%	4.76%	-2.36%	1.85%	2.18%	1.40%	3.64%	6.82%	6.11%	5.78%
Return on Equity Simple (ROE_SIMPLE)	6.30%	7.22%	4.68%	-2.38%	2.02%	2.31%	1.42%	3.67%	6.65%	5.96%	5.69%
Net Operating Profit after Tax (NOPAT)	82	99	71	-35	24	25	20	42	73	87	83
NOPAT Margin	2.95%	3.88%	3.05%	-1.41%	0.94%	1.08%	1.00%	1.85%	2.52%	3.06%	3.11%
Net Nonoperating Expense Percent (NNEP)	-0.33%	-0.96%	-1.99%	0.53%	-0.29%	-0.42%	-2.70%	-3.04%	-38.68%	27.26%	-166.84%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	5.39%	6.16%	6.03%
Cost of Revenue to Revenue	92.12%	91.37%	90.76%	90.80%	91.98%	91.82%	91.47%	90.87%	91.16%	90.45%	89.83%
SG&A Expenses to Revenue	4.02%	4.23%	4.89%	5.31%	5.00%	5.59%	5.95%	6.06%	5.20%	5.18%	5.63%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	4.30%	4.97%	5.93%	6.07%	5.74%	6.92%	7.30%	6.78%	5.72%	5.69%	6.05%
Earnings before Interest and Taxes (EBIT)	98	92	77	75	59	30	24	53	96	107	101
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	145	142	132	124	111	79	73	97	140	152	147
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.89	0.67	0.93	0.92	0.71	1.11	0.91	0.92	0.88	0.90	1.47
Price to Tangible Book Value (P/TBV)	0.92	0.79	1.08	1.07	0.86	1.37	1.13	1.15	1.08	1.09	1.77
Price to Revenue (P/Rev)	0.41	0.35	0.55	0.50	0.31	0.50	0.44	0.40	0.31	0.34	0.62
Price to Earnings (P/E)	14.16	9.32	19.85	0.00	35.36	48.20	64.32	25.06	13.17	15.07	25.81
Dividend Yield	0.00%	0.00%	0.00%	0.00%	3.25%	1.96%	2.58%	2.57%	2.58%	2.43%	1.48%
Earnings Yield	7.06%	10.73%	5.04%	0.00%	2.83%	2.07%	1.55%	3.99%	7.59%	6.64%	3.88%
Enterprise Value to Invested Capital (EV/IC)	0.84	0.60	0.89	0.87	0.61	1.14	0.88	0.91	0.89	0.90	1.50
Enterprise Value to Revenue (EV/Rev)	0.26	0.26	0.35	0.29	0.20	0.40	0.32	0.33	0.35	0.36	0.59
Enterprise Value to EBITDA (EV/EBITDA)	5.05	4.65	6.16	5.66	4.53	11.63	8.85	7.74	7.27	6.68	10.65
Enterprise Value to EBIT (EV/EBIT)	7.44	7.17	10.59	9.34	8.50	30.33	26.50	14.16	10.64	9.52	15.54
Enterprise Value to NOPAT (EV/NOPAT)	8.88	6.68	11.46	0.00	20.90	37.23	31.73	18.06	13.95	11.71	18.93
Enterprise Value to Operating Cash Flow (EV/OCF)	5.41	4.47	2.97	4.80	6.56	9.80	5.38	0.00	0.00	5.83	8.26
Enterprise Value to Free Cash Flow (EV/FCFF)	7.93	0.00	3.19	10.80	121.81	16.88	7.61	0.00	0.00	9.78	9.37
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.01	0.18	0.16	0.16	0.14	0.15	0.14	0.13	0.32	0.31	0.23
Long-Term Debt to Equity	0.01	0.17	0.15	0.14	0.13	0.14	0.13	0.13	0.31	0.30	0.23
Financial Leverage	-0.30	-0.25	-0.26	-0.37	-0.34	-0.24	-0.24	-0.20	-0.01	0.08	-0.01
Leverage Ratio	1.32	1.37	1.45	1.52	1.62	1.70	1.75	1.86	2.07	2.14	2.01
Compound Leverage Factor	1.33	1.34	1.31	1.44	1.52	1.54	1.24	1.58	1.82	1.63	1.68
Debt to Total Capital	0.73%	15.10%	14.07%	13.65%	11.98%	12.71%	12.41%	11.80%	24.05%	23.47%	18.77%
Short-Term Debt to Total Capital	0.05%	0.79%	0.78%	1.18%	0.53%	0.76%	0.81%	0.09%	0.32%	0.30%	0.49%
Long-Term Debt to Total Capital	0.68%	14.32%	13.29%	12.47%	11.45%	11.95%	11.60%	11.71%	23.73%	23.17%	18.27%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.27%	84.90%	85.93%	86.35%	88.02%	87.29%	87.59%	88.20%	75.95%	76.53%	81.23%
Debt to EBITDA	0.07	1.66	1.70	1.71	1.39	1.88	1.91	1.34	2.33	2.17	1.75
Net Debt to EBITDA	-2.88	-1.63	-3.48	-4.29	-2.74	-2.75	-3.49	-1.45	0.84	0.31	-0.48
Long-Term Debt to EBITDA	0.06	1.58	1.60	1.56	1.33	1.77	1.79	1.33	2.29	2.15	1.71
Debt to NOPAT	0.12	2.39	3.16	-6.13	6.41	6.02	6.86	3.12	4.46	3.81	3.11
Net Debt to NOPAT	-5.07	-2.34	-6.47	15.38	-12.64	-8.82	-12.52	-3.38	1.61	0.55	-0.86
Long-Term Debt to NOPAT	0.11	2.26	2.98	-5.60	6.12	5.67	6.42	3.09	4.40	3.76	3.03
Altman Z-Score	4.92	3.62	3.69	3.37	3.06	3.17	2.83	2.65	2.70	2.72	3.22
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.84	4.17	3.71	3.41	2.61	2.60	2.50	2.06	2.21	2.29	2.32
Quick Ratio	2.64	2.84	2.72	2.47	1.72	1.46	1.46	0.96	0.93	1.02	1.12
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	92	-121	254	65	4.13	54	85	-57	-239	104	167
Operating Cash Flow to CapEx	301.40%	393.45%	854.01%	268.95%	115.33%	267.18%	307.62%	-6.25%	-382.04%	226.09%	605.60%
Free Cash Flow to Firm to Interest Expense	48.88	-40.33	27.32	6.90	0.39	8.12	10.19	-6.69	-18.52	3.26	6.20
Operating Cash Flow to Interest Expense	71.66	49.19	29.35	15.51	7.32	13.98	14.40	-0.31	-13.76	5.47	7.03
Operating Cash Flow Less CapEx to Interest Expense	47.89	36.69	25.91	9.74	0.97	8.75	9.72	-5.26	-17.37	3.05	5.87
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.68	1.42	1.19	1.20	1.28	1.24	1.17	1.24	1.40	1.26	1.20
Accounts Receivable Turnover	5.18	5.08	5.05	5.60	5.67	5.72	6.48	6.78	6.81	6.03	6.16
Inventory Turnover	6.46	5.71	5.31	6.85	8.16	6.67	5.85	4.82	4.21	3.64	3.86
Fixed Asset Turnover	14.90	13.80	13.49	13.92	12.92	10.88	10.50	12.13	14.50	12.93	11.73
Accounts Payable Turnover	8.44	8.58	7.30	6.47	6.02	5.74	6.42	5.78	6.18	6.49	6.61
Days Sales Outstanding (DSO)	70.48	71.79	72.29	65.23	64.33	63.77	56.33	53.83	53.61	60.51	59.22
Days Inventory Outstanding (DIO)	56.52	63.93	68.69	53.25	44.75	54.76	62.42	75.75	86.77	100.32	94.65
Days Payable Outstanding (DPO)	43.26	42.52	50.00	56.42	60.67	63.54	56.87	63.12	59.02	56.27	55.20
Cash Conversion Cycle (CCC)	83.74	93.20	90.98	62.06	48.42	55.00	61.89	66.46	81.36	104.56	98.67
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	872	1,091	908	808	828	799	734	832	1,144	1,127	1,042
Invested Capital Turnover	3.19	2.59	2.32	2.86	3.14	2.79	2.68	2.88	2.92	2.50	2.45
Increase / (Decrease) in Invested Capital	-9.89	219	-183	-99	20	-30	-65	99	312	-17	-84
Enterprise Value (EV)	732	658	811	701	503	913	648	755	1,016	1,017	1,563
Market Capitalization	1,150	889	1,269	1,232	807	1,129	904	897	899	969	1,634
Book Value per Share	$24.28	$26.16	$27.94	$26.93	$25.90	$27.49	$27.13	$27.65	$29.18	$30.24	$30.93
Tangible Book Value per Share	$23.41	$22.22	$24.02	$23.08	$21.51	$22.29	$21.86	$22.19	$23.72	$24.86	$25.59
Total Capital	1,299	1,557	1,589	1,551	1,286	1,163	1,130	1,104	1,351	1,410	1,371
Total Debt	9.52	235	224	212	154	148	140	130	325	331	257
Total Long-Term Debt	8.85	223	211	193	147	139	131	129	321	327	250
Net Debt	-418	-231	-458	-531	-304	-216	-256	-141	118	48	-71
Capital Expenditures (CapEx)	45	37	32	54	66	35	39	42	46	77	31
Debt-free, Cash-free Net Working Capital (DFCFNWC)	593	602	450	428	415	381	334	423	700	643	534
Debt-free Net Working Capital (DFNWC)	1,020	1,068	1,132	1,171	873	745	730	695	907	926	862
Net Working Capital (NWC)	1,020	1,056	1,119	1,152	866	736	721	694	903	922	855
Net Nonoperating Expense (NNE)	1.25	3.10	6.86	-2.62	1.23	1.10	6.37	6.03	4.63	23	19
Net Nonoperating Obligations (NNO)	-418	-231	-458	-531	-304	-216	-256	-141	118	48	-71
Total Depreciation and Amortization (D&A)	46	50	55	49	52	48	49	44	44	45	46
Debt-free, Cash-free Net Working Capital to Revenue	21.20%	23.69%	19.39%	17.44%	16.17%	16.79%	16.29%	18.76%	24.25%	22.66%	20.10%
Debt-free Net Working Capital to Revenue	36.47%	42.03%	48.73%	47.69%	34.02%	32.83%	35.57%	30.80%	31.43%	32.63%	32.45%
Net Working Capital to Revenue	36.45%	41.54%	48.20%	46.95%	33.76%	32.44%	35.13%	30.76%	31.29%	32.48%	32.19%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.54	$1.85	$1.30	($0.64)	$0.49	$0.61	$0.38	$1.00	$1.94	$1.81	$1.76
Adjusted Weighted Average Basic Shares Outstanding	53.54M	51.57M	49.30M	49.68M	46.33M	38.34M	36.52M	35.66M	35.18M	35.57M	35.97M
Adjusted Diluted Earnings per Share	$1.52	$1.83	$1.29	($0.64)	$0.49	$0.60	$0.38	$0.99	$1.91	$1.79	$1.72
Adjusted Weighted Average Diluted Shares Outstanding	54.22M	52.09M	49.83M	49.68M	46.66M	38.76M	36.82M	36.10M	35.72M	35.97M	36.76M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	52.66M	49.82M	49.63M	48.73M	40.65M	36.76M	36.33M	35.20M	35.19M	35.77M	36.02M
Normalized Net Operating Profit after Tax (NOPAT)	87	75	82	60	48	36	37	53	80	93	87
Normalized NOPAT Margin	3.11%	2.94%	3.55%	2.44%	1.85%	1.58%	1.79%	2.33%	2.76%	3.29%	3.29%
Pre Tax Income Margin	3.53%	3.54%	2.99%	2.89%	2.16%	1.20%	0.84%	2.01%	2.92%	2.86%	3.16%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	52.10	30.65	8.23	7.98	5.65	4.52	2.92	6.30	7.41	3.35	3.74
NOPAT to Interest Expense	43.64	32.88	7.61	-3.67	2.30	3.68	2.44	4.93	5.65	2.72	3.07
EBIT Less CapEx to Interest Expense	28.32	18.15	4.79	2.21	-0.70	-0.71	-1.76	1.35	3.80	0.93	2.58
NOPAT Less CapEx to Interest Expense	19.87	20.38	4.17	-9.44	-4.05	-1.55	-2.24	-0.02	2.05	0.31	1.91
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	92.06%	99.41%	163.93%	65.03%	33.94%	36.47%	37.76%
Augmented Payout Ratio	53.91%	71.66%	65.58%	-92.00%	1,020.57%	620.69%	343.37%	177.46%	47.70%	36.47%	45.81%

This table displays calculated financial ratios and metrics derived from Benchmark Electronics' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	6/30/2024	9/30/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	34.92%	18.58%	9.21%	0.71%	-6.72%	-7.90%	-4.15%	-8.61%	-6.49%
EBITDA Growth	61.18%	42.92%	21.79%	5.30%	18.09%	-4.20%	15.30%	-42.73%	-36.78%
EBIT Growth	114.50%	68.82%	36.15%	5.71%	24.09%	-5.88%	21.15%	-26.19%	-55.01%
NOPAT Growth	123.74%	51.47%	45.99%	5.43%	18.59%	15.71%	12.86%	-12.45%	-72.72%
Net Income Growth	133.47%	70.86%	12.77%	-18.76%	8.41%	-17.28%	25.63%	-24.68%	-73.98%
EPS Growth	130.43%	70.59%	12.90%	-20.41%	7.55%	-17.24%	22.86%	-26.32%	-73.68%
Operating Cash Flow Growth	24.95%	-3,914.46%	63.39%	196.28%	220.43%	359.87%	294.56%	0.00%	-34.99%
Free Cash Flow Firm Growth	-1,314.87%	-244.50%	560.23%	4.99%	30.20%	114.61%	-210.60%	224.80%	105.19%
Invested Capital Growth	31.02%	37.44%	0.00%	24.64%	17.47%	-1.50%	0.00%	-14.40%	-4.63%
Revenue Q/Q Growth	5.98%	-2.71%	-7.45%	5.55%	-1.85%	-3.94%	-3.68%	0.00%	0.00%
EBITDA Q/Q Growth	9.70%	12.20%	-24.71%	13.62%	23.03%	-8.98%	-9.37%	0.00%	0.00%
EBIT Q/Q Growth	13.59%	16.82%	-33.20%	19.27%	33.34%	-11.40%	-14.02%	0.00%	0.00%
NOPAT Q/Q Growth	12.47%	6.83%	-16.19%	4.70%	26.51%	4.24%	-18.25%	0.00%	0.00%
Net Income Q/Q Growth	9.34%	12.69%	-41.75%	13.20%	45.89%	-14.01%	-11.53%	0.00%	0.00%
EPS Q/Q Growth	8.16%	9.43%	-39.66%	11.43%	46.15%	-15.79%	-10.42%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-22.45%	-69.03%	52.78%	198.52%	53.16%	264.75%	-64.65%	0.00%	-31.39%
Free Cash Flow Firm Q/Q Growth	3.12%	-26.86%	428.86%	-123.51%	28.83%	126.55%	-2,590.11%	0.00%	0.00%
Invested Capital Q/Q Growth	6.54%	8.83%	-100.00%	0.00%	0.40%	-8.74%	-4.62%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	8.65%	9.61%	9.21%	9.14%	9.60%	10.27%	10.20%	10.15%	10.00%
EBITDA Margin	4.86%	5.60%	4.56%	4.91%	6.15%	5.83%	5.48%	3.86%	3.60%
Operating Margin	3.28%	3.59%	3.27%	3.34%	4.22%	4.64%	4.09%	4.27%	1.86%
EBIT Margin	3.42%	4.10%	2.96%	3.35%	4.55%	4.19%	3.74%	3.67%	1.73%
Profit (Net Income) Margin	2.44%	2.83%	1.78%	1.91%	2.84%	2.54%	2.33%	2.34%	0.58%
Tax Burden Percent	80.71%	80.91%	80.34%	78.14%	79.76%	78.58%	75.66%	75.38%	43.41%
Interest Burden Percent	88.47%	85.14%	74.77%	72.96%	78.21%	77.03%	82.32%	84.44%	76.61%
Effective Tax Rate	19.29%	19.09%	19.66%	21.86%	20.24%	21.42%	24.34%	24.62%	56.59%
Return on Invested Capital (ROIC)	7.90%	8.48%	0.00%	6.94%	8.53%	9.12%	16.19%	0.00%	2.01%
ROIC Less NNEP Spread (ROIC-NNEP)	10.78%	13.34%	0.00%	1.33%	5.12%	-0.16%	66.17%	0.00%	4.93%
Return on Net Nonoperating Assets (RNNOA)	-0.60%	-0.16%	0.00%	0.12%	0.55%	-0.01%	-1.23%	0.00%	-0.22%
Return on Equity (ROE)	7.30%	8.32%	0.00%	7.06%	9.08%	9.11%	14.96%	0.00%	1.79%
Cash Return on Invested Capital (CROIC)	-19.79%	-24.16%	0.00%	-14.75%	-8.76%	9.16%	-183.40%	0.00%	11.33%
Operating Return on Assets (OROA)	4.60%	5.73%	0.00%	4.41%	5.72%	5.29%	4.88%	0.00%	2.11%
Return on Assets (ROA)	3.28%	3.95%	0.00%	2.52%	3.57%	3.20%	3.04%	0.00%	0.70%
Return on Common Equity (ROCE)	7.30%	8.32%	0.00%	7.06%	9.08%	9.11%	14.96%	0.00%	1.79%
Return on Equity Simple (ROE_SIMPLE)	5.94%	0.00%	0.00%	6.34%	6.40%	0.00%	6.16%	0.00%	4.79%
Net Operating Profit after Tax (NOPAT)	20	22	18	19	24	25	21	21	5.10
NOPAT Margin	2.64%	2.90%	2.63%	2.61%	3.36%	3.65%	3.10%	3.22%	0.81%
Net Nonoperating Expense Percent (NNEP)	-2.88%	-4.86%	0.00%	5.62%	3.41%	9.29%	-49.98%	9.22%	-2.92%
Return On Investment Capital (ROIC_SIMPLE)	-	1.61%	-	-	-	1.79%	-	-	0.37%
Cost of Revenue to Revenue	91.35%	90.39%	90.79%	90.86%	90.40%	89.73%	89.80%	89.85%	90.00%
SG&A Expenses to Revenue	5.00%	5.27%	5.50%	5.14%	4.93%	5.16%	5.71%	5.57%	6.14%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	5.37%	6.02%	5.93%	5.80%	5.38%	5.63%	6.11%	5.87%	8.14%
Earnings before Interest and Taxes (EBIT)	26	31	21	25	33	29	25	24	11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	37	42	32	36	44	40	37	25	23
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.83	0.88	0.00	0.86	0.80	0.90	1.30	1.45	1.24
Price to Tangible Book Value (P/TBV)	1.03	1.08	0.00	1.05	0.97	1.09	1.58	1.76	1.50
Price to Revenue (P/Rev)	0.30	0.31	0.28	0.30	0.29	0.34	0.51	0.00	0.52
Price to Earnings (P/E)	14.05	13.17	11.63	13.55	12.48	15.07	21.08	0.00	25.86
Dividend Yield	2.78%	2.58%	2.87%	2.61%	2.77%	2.43%	1.67%	1.50%	1.77%
Earnings Yield	7.12%	7.59%	8.60%	7.38%	8.01%	6.64%	4.74%	0.00%	3.87%
Enterprise Value to Invested Capital (EV/IC)	0.84	0.89	0.00	0.88	0.83	0.90	1.30	1.47	1.26
Enterprise Value to Revenue (EV/Rev)	0.32	0.35	0.00	0.37	0.35	0.36	0.50	0.00	0.49
Enterprise Value to EBITDA (EV/EBITDA)	6.97	7.27	0.00	7.35	6.63	6.68	8.92	0.00	9.66
Enterprise Value to EBIT (EV/EBIT)	10.68	10.64	0.00	10.57	9.39	9.52	12.61	0.00	14.79
Enterprise Value to NOPAT (EV/NOPAT)	13.52	13.95	0.00	13.57	12.22	11.71	15.71	0.00	18.64
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	5.83	5.66	5.54	7.49
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	9.78	0.00	0.00	10.85
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.30	0.32	0.00	0.41	0.41	0.31	0.26	0.25	0.25
Long-Term Debt to Equity	0.30	0.31	0.00	0.40	0.40	0.30	0.26	0.25	0.24
Financial Leverage	-0.06	-0.01	0.00	0.09	0.11	0.08	-0.02	0.06	-0.05
Leverage Ratio	2.10	2.07	0.00	2.20	2.23	2.14	1.97	2.07	1.95
Compound Leverage Factor	1.86	1.76	0.00	1.61	1.75	1.65	1.62	1.75	1.49
Debt to Total Capital	23.06%	24.05%	0.00%	28.97%	28.92%	23.47%	20.91%	20.18%	19.97%
Short-Term Debt to Total Capital	0.27%	0.32%	0.00%	0.23%	0.29%	0.30%	0.43%	0.49%	0.48%
Long-Term Debt to Total Capital	22.79%	23.73%	0.00%	28.74%	28.63%	23.17%	20.48%	19.69%	19.48%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	76.94%	75.95%	0.00%	71.03%	71.08%	76.53%	79.09%	79.82%	80.03%
Debt to EBITDA	2.36	2.33	0.00	2.90	2.81	2.17	1.84	0.00	2.06
Net Debt to EBITDA	0.40	0.84	0.00	1.24	1.12	0.31	-0.13	0.00	-0.60
Long-Term Debt to EBITDA	2.33	2.29	0.00	2.88	2.78	2.15	1.81	0.00	2.01
Debt to NOPAT	4.58	4.46	0.00	5.36	5.18	3.81	3.24	0.00	3.98
Net Debt to NOPAT	0.77	1.61	0.00	2.28	2.06	0.55	-0.23	0.00	-1.15
Long-Term Debt to NOPAT	4.53	4.40	0.00	5.32	5.13	3.76	3.18	0.00	3.89
Altman Z-Score	2.41	2.60	0.00	2.59	2.54	2.61	3.01	0.00	2.91
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	2.01	2.21	0.00	2.38	2.44	2.29	2.35	2.36	2.37
Quick Ratio	0.86	0.93	0.00	1.01	1.05	1.02	1.07	1.09	1.15
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-228	-290	953	-224	-159	42	-1,054	199	55
Operating Cash Flow to CapEx	-362.28%	-401.20%	-64.34%	318.59%	191.13%	1,244.71%	820.89%	0.00%	767.24%
Free Cash Flow to Firm to Interest Expense	-65.40	-53.02	147.76	-27.13	-18.81	4.87	-152.04	30.29	10.36
Operating Cash Flow to Interest Expense	-8.93	-9.65	-3.86	2.97	4.43	15.77	6.99	0.00	5.95
Operating Cash Flow Less CapEx to Interest Expense	-11.40	-12.06	-9.86	2.04	2.11	14.50	6.14	0.00	5.17
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	1.35	1.40	0.00	1.32	1.26	1.26	1.30	0.00	1.22
Accounts Receivable Turnover	7.01	6.81	0.00	6.34	6.06	6.03	7.46	0.00	6.96
Inventory Turnover	4.12	4.21	0.00	3.77	3.57	3.64	4.23	0.00	4.05
Fixed Asset Turnover	14.09	14.50	0.00	14.02	13.30	12.93	12.44	0.00	11.61
Accounts Payable Turnover	5.46	6.18	0.00	5.84	5.81	6.49	7.32	0.00	6.42
Days Sales Outstanding (DSO)	52.09	53.61	0.00	57.60	60.23	60.51	48.91	0.00	52.44
Days Inventory Outstanding (DIO)	88.61	86.77	0.00	96.90	102.32	100.32	86.36	0.00	90.23
Days Payable Outstanding (DPO)	66.79	59.02	0.00	62.53	62.87	56.27	49.84	0.00	56.82
Cash Conversion Cycle (CCC)	73.90	81.36	0.00	91.98	99.68	104.56	85.44	0.00	85.85
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	1,051	1,144	0.00	1,230	1,235	1,127	1,075	1,057	1,025
Invested Capital Turnover	2.99	2.92	0.00	2.66	2.54	2.50	5.23	0.00	2.49
Increase / (Decrease) in Invested Capital	249	312	-935	243	184	-17	1,075	-178	-50
Enterprise Value (EV)	885	1,016	0.00	1,082	1,020	1,017	1,402	1,555	1,290
Market Capitalization	835	899	810	900	849	969	1,422	1,600	1,370
Book Value per Share	$28.46	$29.18	$0.00	$29.41	$29.80	$30.24	$30.38	$30.54	$30.67
Tangible Book Value per Share	$23.00	$23.72	$0.00	$24.02	$24.42	$24.86	$25.05	$25.22	$25.34
Total Capital	1,300	1,351	0.00	1,475	1,496	1,410	1,385	1,381	1,380
Total Debt	300	325	0.00	427	433	331	289	279	276
Total Long-Term Debt	296	321	0.00	424	428	327	284	272	269
Net Debt	51	118	0.00	182	172	48	-20	-46	-80
Capital Expenditures (CapEx)	8.61	13	39	7.70	20	11	5.90	0.00	4.11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	613	700	0.00	757	751	643	564	552	520
Debt-free Net Working Capital (DFNWC)	863	907	0.00	1,003	1,012	926	874	876	876
Net Working Capital (NWC)	859	903	0.00	999	1,008	922	868	870	869
Net Nonoperating Expense (NNE)	1.58	0.58	5.91	5.14	3.79	7.67	5.09	5.81	1.46
Net Nonoperating Obligations (NNO)	51	118	0.00	182	172	48	-20	-46	-80
Total Depreciation and Amortization (D&A)	11	11	11	11	12	11	12	1.21	12
Debt-free, Cash-free Net Working Capital to Revenue	22.16%	24.25%	0.00%	25.67%	25.93%	22.66%	20.06%	0.00%	19.91%
Debt-free Net Working Capital to Revenue	31.16%	31.43%	0.00%	33.98%	34.93%	32.63%	31.08%	0.00%	33.52%
Net Working Capital to Revenue	31.04%	31.29%	0.00%	33.87%	34.78%	32.48%	30.87%	0.00%	33.26%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.54	$0.60	$0.00	$0.39	$0.00	$0.50	$0.43	$0.43	$0.10
Adjusted Weighted Average Basic Shares Outstanding	35.15M	35.18M	0.00	35.62M	0.00	35.57M	36.05M	36.05M	36.05M
Adjusted Diluted Earnings per Share	$0.53	$0.58	$0.00	$0.39	$0.00	$0.48	$0.43	$0.42	$0.10
Adjusted Weighted Average Diluted Shares Outstanding	35.35M	35.72M	0.00	35.68M	0.00	35.97M	36.50M	36.63M	36.61M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	35.18M	35.19M	0.00	35.67M	0.00	35.77M	36.11M	36.00M	36.10M
Normalized Net Operating Profit after Tax (NOPAT)	21	25	19	22	26	27	22	22	16
Normalized NOPAT Margin	2.78%	3.34%	2.79%	2.96%	3.54%	3.88%	3.26%	3.31%	2.57%
Pre Tax Income Margin	3.02%	3.49%	2.21%	2.44%	3.56%	3.23%	3.08%	3.10%	1.33%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.55	5.64	3.19	2.97	3.86	3.34	3.60	3.68	2.07
NOPAT to Interest Expense	5.84	3.99	2.83	2.32	2.86	2.90	2.97	3.23	0.96
EBIT Less CapEx to Interest Expense	5.08	3.23	-2.81	2.04	1.54	2.07	2.74	0.00	1.29
NOPAT Less CapEx to Interest Expense	3.38	1.58	-3.17	1.38	0.54	1.64	2.12	0.00	0.19
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	39.08%	33.94%	33.26%	34.98%	34.29%	36.47%	34.88%	0.00%	45.58%
Augmented Payout Ratio	54.88%	47.70%	38.87%	34.98%	34.29%	36.47%	34.88%	0.00%	70.30%

Frequently Asked Questions About Benchmark Electronics' Financials

When does Benchmark Electronics's financial year end?

According to the most recent income statement we have on file, Benchmark Electronics' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Benchmark Electronics' net income changed over the last 10 years?

The last 5 years of Benchmark Electronics' net income performance:

2020: $14.06 million
2021: $35.77 million
2022: $68.23 million
2023: $64.32 million
2024: $63.33 million

Find out what analysts predict for Benchmark Electronics in the coming months.

What is Benchmark Electronics's operating income?

Benchmark Electronics's total operating income in 2024 was $109.41 million, based on the following breakdown:

Total Gross Profit: $270.02 million
Total Operating Expenses: $160.61 million

How has Benchmark Electronics revenue changed over the last 10 years?

Over the last 10 years, Benchmark Electronics' total revenue changed from $2.80 billion in 2014 to $2.66 billion in 2024, a change of -5.0%.

How much debt does Benchmark Electronics have?

Benchmark Electronics' total liabilities were at $1.03 billion at the end of 2024, a 14.2% decrease from 2023, and a 166.0% increase since 2014.

How much cash does Benchmark Electronics have?

In the past 10 years, Benchmark Electronics' cash and equivalents has ranged from $207.43 million in 2022 to $742.55 million in 2017, and is currently $315.15 million as of their latest financial filing in 2024.

How has Benchmark Electronics' book value per share changed over the last 10 years?

Over the last 10 years, Benchmark Electronics' book value per share changed from 24.28 in 2014 to 30.93 in 2024, a change of 27.4%.

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This page (NYSE:BHE) was last updated on 5/7/2025 by MarketBeat.com Staff

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Benchmark Electronics (BHE) Financials

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Benchmark Electronics (BHE) Financials

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