Saturday 17 October 2026
Export BHE’s income statement to Excel — free account
Benchmark Electronics, Inc.
BHE Technology Electronic Components
Benchmark Electronics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 17.7%, EPS grew 1,733.3%, free cash flow grew 244.1% and total debt fell 12.7%, each against the same quarter a year earlier. Dividend growth for five consecutive years.
70.62
2.60
−3.55%
Follow BHE
| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
23.65 | 0.00 | 38.51 | 58.24 | 71.08 | 26.83 | 13.84 | 15.16 | 25.80 | 61.09 |
Piotroski F-Score |
6 | 4 | 7 | 6 | 6 | 6 | 5 | 6 | 6 | 6 |
P/S ratio |
0.65 | 0.59 | 0.38 | 0.58 | 0.48 | 0.43 | 0.33 | 0.34 | 0.61 | 0.58 |
Altman Z-Score |
3.91 | 3.54 | 3.20 | 3.32 | 2.90 | 2.69 | 2.71 | 2.73 | 3.23 | 3.21 |
Altman Z″-Score (non-manufacturers) |
7.42 | 6.75 | 5.75 | 5.24 | 5.11 | 4.50 | 4.59 | 4.73 | 5.00 | 4.90 |
P/FCF ratio |
6.29 | 15.75 | 96.26 | 22.60 | 12.14 | 0.00 | 0.00 | 9.98 | 10.34 | 17.80 |
Beneish M-Score |
(3.19) | (2.91) | (2.46) | (2.83) | (2.86) | (2.36) | (1.71) | (2.75) | (2.84) | (2.75) |
P/Operating CF |
34.06 | 25.79 | 10.44 | 36.77 | 10.40 | (735.35) | (17.91) | 7.08 | 35.57 | 26.15 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 57 |
P/B ratio |
1.11 | 1.08 | 0.87 | 1.30 | 1.00 | 0.99 | 0.92 | 0.90 | 1.48 | 1.40 |
Price to Tangible BV |
1.29 | 1.26 | 1.04 | 1.60 | 1.24 | 1.24 | 1.13 | 1.09 | 1.79 | 1.69 |
EV/Sales |
0.46 | 0.37 | 0.26 | 0.49 | 0.36 | 0.37 | 0.37 | 0.36 | 0.59 | 0.53 |
EV/EBITDA |
8.02 | 7.27 | 6.14 | 14.30 | 9.88 | 8.48 | 7.91 | 6.56 | 10.04 | 11.50 |
EV/Operating CF |
3.87 | 6.26 | 8.83 | 11.82 | 6.07 | (314.56) | (5.98) | 5.84 | 8.26 | 11.47 |
EV/FCF |
4.39 | 9.96 | 66.44 | 18.89 | 8.99 | (18.51) | (4.74) | 10.47 | 9.89 | 16.50 |
Quick Ratio |
2.72 | 2.47 | 1.72 | 1.50 | 1.47 | 0.96 | 0.93 | 1.03 | 1.14 | 1.12 |
Current Ratio |
3.71 | 3.41 | 2.61 | 2.60 | 2.50 | 2.06 | 2.21 | 2.29 | 2.32 | 2.28 |
Net Debt/EBITDA |
(3.47) | (4.23) | (2.75) | (2.81) | (3.46) | (1.46) | 0.87 | 0.31 | (0.46) | (0.90) |
Debt/Assets |
11.19% | 10.04% | 8.11% | 8.39% | 8.04% | 6.84% | 14.59% | 14.55% | 12.05% | 10.16% |
Debt/Equity |
0.16 | 0.16 | 0.14 | 0.15 | 0.14 | 0.13 | 0.32 | 0.31 | 0.23 | 0.19 |
Asset Turnover |
1.19 | 1.20 | 1.28 | 1.24 | 1.17 | 1.24 | 1.40 | 1.26 | 1.20 | 1.26 |
Operating CF/Net income |
4.27 | (4.57) | 3.36 | 3.98 | 8.57 | (0.07) | (2.60) | 2.53 | 3.10 | 4.99 |
Capex/Depreciation |
(0.58) | (1.11) | (1.28) | (0.72) | (0.80) | (0.95) | (1.05) | (1.70) | (0.68) | (0.79) |
Interest Coverage |
8.26 | 8.17 | 5.59 | 4.28 | 3.01 | 6.26 | 6.99 | 3.44 | 4.06 | 3.77 |
| 4.76% | (2.36%) | 1.85% | 2.18% | 1.40% | 3.64% | 6.82% | 6.55% | 5.60% | 2.25% | |
| 3.28% | (1.55%) | 1.14% | 1.28% | 0.80% | 1.96% | 3.30% | 3.06% | 2.77% | 1.18% | |
ROIC |
5.29% | 5.94% | 4.42% | 2.23% | 2.14% | 3.98% | 4.92% | 6.08% | 6.62% | 4.81% |
Return on Tangible Assets |
4.97% | (2.38%) | 2.12% | 2.49% | 1.55% | 4.06% | 6.12% | 6.00% | 5.65% | 2.40% |
Average Days of Receivables |
69.29 | 64.94 | 66.61 | 52.39 | 55.07 | 57.65 | 62.21 | 57.78 | 56.68 | 53.68 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
4.89% | 5.31% | 5.00% | 5.59% | 5.95% | 6.06% | 5.20% | 5.18% | 5.63% | 6.00% |
Intangible Assets out of Total Assets |
0.10 | 0.09 | 0.10 | 0.11 | 0.11 | 0.10 | 0.09 | 0.08 | 0.09 | 0.09 |
Share Based Compensation of Revenue |
0.23% | 0.32% | 0.39% | 0.45% | 0.51% | 0.68% | 0.64% | 0.54% | 0.50% | 0.65% |
Graham Net Nets |
0.59 | 0.60 | 0.65 | 0.34 | 0.45 | 0.43 | 0.48 | 0.45 | 0.29 | 0.31 |
Graham Number |
28.46 | 0.00 | 17.39 | 18.75 | 15.22 | 24.91 | 35.69 | 35.05 | 34.87 | 21.97 |
Earnings Yield |
4.23% | (2.20%) | 2.60% | 1.72% | 1.41% | 3.73% | 7.23% | 6.60% | 3.88% | 1.64% |
Free Cash Flow Yield |
15.91% | 6.35% | 1.04% | 4.42% | 8.24% | (4.61%) | (23.71%) | 10.02% | 9.67% | 5.62% |
Revenue per Share |
47.11 | 49.41 | 55.39 | 59.16 | 56.21 | 63.25 | 82.05 | 79.82 | 73.84 | 74.11 |
Operating CF per Share |
5.54 | 2.94 | 1.66 | 2.43 | 3.30 | (0.07) | (5.04) | 4.90 | 5.26 | 3.46 |
Capex per Share |
(0.65) | (1.09) | (1.44) | (0.91) | (1.07) | (1.18) | (1.32) | (2.17) | (0.87) | (1.05) |
Free Cash Flow per Share |
4.89 | 1.84 | 0.22 | 1.52 | 2.23 | (1.25) | (6.37) | 2.73 | 4.39 | 2.40 |
Cash per Share |
13.82 | 14.95 | 9.89 | 9.49 | 10.84 | 7.62 | 5.90 | 7.96 | 9.12 | 8.99 |
Shareholders Equity per Share |
27.70 | 26.96 | 24.44 | 26.47 | 27.09 | 27.31 | 29.18 | 30.34 | 30.71 | 30.65 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
27.70 | 26.96 | 24.44 | 26.47 | 27.09 | 27.31 | 29.18 | 30.34 | 30.71 | 30.65 |
Free Cash Flow |
241.11 | 91.62 | 10.19 | 58.28 | 81.29 | (44.56) | (223.92) | 97.20 | 157.98 | 86.21 |
Working Capital |
1,119.28 | 1,152.34 | 866.39 | 735.84 | 721.22 | 693.76 | 903.01 | 922.20 | 857.33 | 812.56 |
Capital Expenditures |
(31.98) | (54.23) | (66.49) | (34.86) | (39.15) | (41.94) | (46.45) | (77.09) | (31.25) | (37.75) |
Net Current Asset Value |
898.46 | 860.49 | 635.99 | 450.04 | 447.70 | 418.07 | 451.23 | 440.08 | 476.57 | 476.23 |
EV/EBIT |
13.77 | 11.88 | 11.57 | 38.57 | 29.07 | 15.54 | 11.79 | 9.28 | 14.28 | 18.70 |
Capex to Sales |
0.01 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.01 | 0.01 |
Price to Operating Income |
19.72 | 18.79 | 16.76 | 46.15 | 39.25 | 18.21 | 10.49 | 8.85 | 14.93 | 20.17 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.33 | 0.26 | 0.25 | 0.24 | 0.26 | 0.24 | 0.21 | 0.20 | 0.21 | 0.21 |
Cash ROIC |
10.62% | 3.99% | 0.58% | 3.82% | 5.33% | (3.24%) | (14.36%) | 5.74% | 9.35% | 5.28% |
Accounts Receivable Turnover |
5.05 | 5.59 | 5.67 | 5.71 | 6.46 | 6.77 | 6.81 | 6.03 | 6.16 | 6.62 |
Accounts Payable Turnover |
7.30 | 6.47 | 6.02 | 5.74 | 6.42 | 5.78 | 6.18 | 6.49 | 6.61 | 6.31 |
Inventory Turnover |
5.31 | 6.85 | 8.16 | 6.67 | 5.85 | 4.82 | 4.21 | 3.64 | 3.86 | 4.61 |
Average Days of Payables |
56.50 | 59.40 | 65.26 | 53.10 | 54.85 | 75.97 | 58.86 | 52.23 | 54.18 | 61.60 |
Days of Inventory on Hand |
66.04 | 44.04 | 47.93 | 55.20 | 63.62 | 93.19 | 100.96 | 97.19 | 84.69 | 73.72 |
Average Receivables |
460.07 | 438.76 | 452.52 | 396.96 | 317.65 | 332.99 | 424.09 | 470.68 | 430.93 | 401.78 |
Average Payables |
288.71 | 344.48 | 392.38 | 362.52 | 292.60 | 354.38 | 425.41 | 395.88 | 360.85 | 378.72 |
Average Inventory |
396.66 | 325.13 | 289.45 | 312.47 | 321.17 | 425.31 | 625.49 | 705.78 | 618.73 | 518.10 |
Average Assets |
1,946.27 | 2,053.99 | 2,004.54 | 1,829.83 | 1,752.05 | 1,824.06 | 2,065.61 | 2,251.04 | 2,204.60 | 2,103.08 |
Average Common Equity |
1,343.68 | 1,352.30 | 1,235.68 | 1,073.53 | 1,002.21 | 981.69 | 1,000.11 | 1,052.75 | 1,091.83 | 1,102.19 |
Columns are period end dates