Logo
  • Home
  • AI Agent
  • Annotations
  • Watchlists
  • Files
  • Pricing and plans
  • BlogAboutContact us
    APIMCP
    Terms of servicePrivacy policy
  • Get the full experience

    We save the real magic for signed-in users.

Logo
BHE US​

Benchmark Electronics Inc(BHE US)

$65.81-0.490.74%Ext:$72.75+6.9410.55%(Market Closed · 00:00:04 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Benchmark Electronics Inc — Company Profile

Benchmark Electronics, Inc., together with its subsidiaries, operates as a global provider, delivering a comprehensive suite of product design, engineering, technology solutions, and manufacturing services across the Americas, Asia, and Europe. Its capabilities span engineering and technology solutions, encompassing initial product design, prototyping, and comprehensive testing. This includes specialized custom testing setups and the development and construction of automation equipment. Furthermore, Benchmark excels in electronics manufacturing and rigorous testing. This involves the assembly and testing of printed circuit boards and subsystems, alongside thorough evaluations of circuitry and functionality. Their quality assurance extends to environmental, stress, and component reliability assessments, complemented by component engineering, manufacturing defect analysis, in-circuit testing, functional testing, lifecycle testing, and detailed failure analysis. The company also offers precision machining and electromechanical assembly, coupled with comprehensive subsystem and full system integration services that encompass assembly, configuration, and testing across diverse industrial sectors. Beyond core manufacturing, Benchmark provides value-added support systems, comprehensive supply chain management solutions, and direct order fulfillment. Crucially, they offer extensive aftermarket, non-warranty services that span a product's entire lifecycle, including repair, replacement, refurbishment, remanufacturing, exchange programs, system upgrades, and the production of spare parts. The company's clientele primarily consists of Original Equipment Manufacturers (OEMs) across critical sectors such as aerospace and defense, medical technologies, complex industrial applications, semiconductor capital equipment, telecommunications, and advanced computing. Benchmark promotes its services and solutions predominantly through a dedicated direct sales force. Established in 1979, the firm, previously known as Electronics, Inc., maintains its headquarters in Tempe, Arizona.

Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Exchange
UN
CEO
David Moezidis
Headquarters
Tempe, AZ, US
IPO Date
Jun 27, 1990
Employees
11,840
Website
www.bench.com

Key Metrics

Price
$87.39
Market Cap
$3.14B
Revenue (TTM)
$677.28M
Net Income (TTM)
$13.02M
EPS (TTM)
0.36
P/E (TTM)
91.70
P/B (TTM)
2.86
Dividend Yield
121.30%
ROE (TTM)
1.19%
ROA (TTM)
0.62%
Operating Margin
3.97%
Beta
1.76

Dividends

Last Dividend
$0.17
Last Yield
1.21%

Summary

Benchmark Electronics, Inc., together with its subsidiaries, operates as a global provider, delivering a comprehensive suite of product design, engineering, technology solutions, and manufacturing services across the Americas, Asia, and Europe. Its capabilities span engineering and technology solutions, encompassing initial product design, prototyping, and comprehensive testing. This includes specialized custom testing setups and the development and construction of automation equipment. Furthermore, Benchmark excels in electronics manufacturing and rigorous testing. This involves the assembly and testing of printed circuit boards and subsystems, alongside thorough evaluations of circuitry and functionality. Their quality assurance extends to environmental, stress, and component reliability assessments, complemented by component engineering, manufacturing defect analysis, in-circuit testing, functional testing, lifecycle testing, and detailed failure analysis. The company also offers precision machining and electromechanical assembly, coupled with comprehensive subsystem and full system integration services that encompass assembly, configuration, and testing across diverse industrial sectors. Beyond core manufacturing, Benchmark provides value-added support systems, comprehensive supply chain management solutions, and direct order fulfillment. Crucially, they offer extensive aftermarket, non-warranty services that span a product's entire lifecycle, including repair, replacement, refurbishment, remanufacturing, exchange programs, system upgrades, and the production of spare parts. The company's clientele primarily consists of Original Equipment Manufacturers (OEMs) across critical sectors such as aerospace and defense, medical technologies, complex industrial applications, semiconductor capital equipment, telecommunications, and advanced computing. Benchmark promotes its services and solutions predominantly through a dedicated direct sales force. Established in 1979, the firm, previously known as Electronics, Inc., maintains its headquarters in Tempe, Arizona.

Website
www.bench.com
Location
Tempe, AZ, US
Phone623 300 7000
Employees11,840
CEODavid Moezidis
Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
IPO DateJun 27, 1990

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.

Latest Documents

SEC Filings(1.5K)

Expand
  • 4Statement of changes in beneficial ownership15 Oct
  • 8-KOther Events8 Sep
  • 4Statement of changes in beneficial ownership18 Aug
  • 4Statement of changes in beneficial ownership18 Aug
  • SC 13GBENCHMARK ELECTRONICS INC14 Aug
  • 4Statement of changes in beneficial ownership12 Aug
  • 144De Greef-Safft Anne7 Aug
  • 10-QQ2ended 30 Jun 202629 Jul
  • 8-KResults of Operations and Financial Condition29 Jul
  • SC 13G/ABENCHMARK ELECTRONICS INC28 Jul
  • SC 13G/ABENCHMARK ELECTRONICS INC14 Jul
  • 4Statement of changes in beneficial ownership11 Jun
  • 144Benck Jeff11 Jun
  • 144Beaver Stephen J11 Jun
  • S-8Registration statement (employee benefit plan)8 Jun
  • 8-KOther Events8 Jun
  • 144Benck Jeff3 Jun
  • 8-KSubmission of Matters to a Vote of Security Holders29 May
  • SDSD29 May
  • 4Statement of changes in beneficial ownership28 May

News

  • Rep. Gilbert Ray Cisneros, Jr. Acquires Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)14 Oct
  • Benchmark Electronics Inc (BHE) Stock Down 3.2% but Still Overvalued -- GF Score: 62/1007 Oct
  • Contrasting Hesai Group (NASDAQ:HSAI) & Benchmark Electronics (NYSE:BHE)4 Oct
  • Benchmark Electronics Sees Private AI, Chip Demand Powering Record 2026 Growth27 Sep
  • Benchmark Electronics: Speculative 'Buy' For AI Growth14 Sep
  • Benchmark Electronics Announces Quarterly Cash Dividend8 Sep
  • Bank of America Corp DE Has $4.97 Million Stock Holdings in Benchmark Electronics, Inc. $BHE28 Aug
  • Deutsche Bank AG Purchases Shares of 97,185 Benchmark Electronics, Inc. $BHE24 Aug
  • Benchmark Electronics, Inc. $BHE Shares Sold by Assenagon Asset Management S.A.13 Aug
  • Latch (NASDAQ:LTCH) versus Benchmark Electronics (NYSE:BHE) Financial Comparison10 Aug
  • Benchmark Electronics Q2 Earnings Call Highlights29 Jul
  • Benchmark Electronics, Inc. (BHE) Q2 2026 Earnings Call Transcript29 Jul
  • Benchmark Reports Strong Second Quarter Results29 Jul

Mentions in Filings

  • The Company has a manufacturing agreement with <strong>Benchmark Electronics</strong> Inc. (“Benchmark”) to manufacture most of its subscriber equipment. Pursuant to the agreement, the Company may be required to purchase excess materials at cost plus a contractual markup if the materials are not used in production within the periods specified in the agreement. Benchmark will then repurchase such materials from the Company at the same price paid by the Company, as …
    Iridium Communications Inc.Benchmark Electronics Inc·10-Q - Quarterly report Q3·Q3 26·20 Oct
  • … and • Complete product life cycle management. Competitors Numerous manufacturers in the EMS industry compete for business from existing and potential customers. Our competition includes EMS companies such as <strong>Benchmark Electronics, Inc.</strong>, Flex Ltd., Jabil Inc., Plexus Corp., and Sanmina Corporation as well as specialized providers of medical device manufacturing, drug delivery solutions, and precision molded plastics. Locations As of August 19 …
    Kimball Electronics, Inc.Benchmark Electronics Inc·ARS - Annual report to security holders·FY26·30 Sep
  • … ition of Helvoet; and •Complete product life cycle management. Competitors Numerous manufacturers in the EMS industry compete for business from existing and potential customers. Our competition includes EMS companies such as <strong>Benchmark Electronics, Inc.</strong>, Flex Ltd., Jabil Inc., Plexus Corp., and Sanmina Corporation as well as specialized providers of medical device manufacturing, drug delivery solutions, and precision molded plastics. Locations
    Kimball Electronics, Inc.Benchmark Electronics Inc·10-K - Annual report FY 2026·FY26·19 Aug
  • … us, or choose to outsource to a different third-party manufacturer, our business, financial condition and operating results could be harmed. Competitors in the market for optical manufacturing services include <strong>Benchmark Electronics, Inc.</strong>, Celestica Inc., InnoLight Technology (Suzhou) Ltd., Jabil Inc., Sanmina Corporation, Venture Corporation Limited and Eoptolink Technology Inc., Ltd. Our customized optics and glass operations face competition f …
    FabrinetBenchmark Electronics Inc·10-K - Annual report FY 2026·FY26·18 Aug
  • #\*Aurora Innovation, Inc., Class A 287,350 1,206,870 \*Autodesk, Inc. 60,714 15,352,749 \*AvePoint, Inc. 30,870 359,018 \* Aviat Networks, Inc. 1,956 42,660 Avnet, Inc. 23,217 1,448,509 \* Axcelis Technologies, Inc. 8,973 790,252 \*AXT, Inc. 3,909 72,473 Badger Meter, Inc. 8,040 1,178,503 Bel Fuse, Inc., Class A 142 26,092 Bel Fuse, Inc., Class B 3,237 651,252 Belden, Inc. 11,299 1,327,745 …
    Dimensional ETF TrustBenchmark Electronics Inc·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … or unsuccessful implementations; Ouster’s ability to maintain inventory and the risk of inventory write-downs; its ability to use tax attributes; Ouster’s dependence on key third-party suppliers, in particular <strong>Benchmark Electronics, Inc.</strong> (“Benchmark”), Fabrinet and other suppliers; and its supply chain constraints and challenges; adverse conditions in the industries Ouster targets or the global economy more generally; Ouster’s ability to recruit …
    Ouster, Inc.Benchmark Electronics Inc·10-Q - Quarterly report Q2·Q2 26·6 Aug

Key Stats

Trading

Px/Chg 1D$87.39 / +3.27%
Prev Close$72.64
% of 52Wk H73.62%
Avg Volume437.91K
Beta1.76
Mkt Cap3.14B
FD Mkt Cap2.66B

Float

Shrs Out/Float35.92M / 35.18M
Short Float0.05%
Days to Cover2.20
Stock Repurchased$5.80M

Current Valuation

EV3.12B
EV/EBITDA22.98
EV/Sales1.15
P/B2.86
P/S1.16
FCF Yield0.92%
ROE1.19%
ROA0.62%
Current Ratio2.18

Dividend

Cash$0.17
Yield121.30%
Yield (TTM)121.30%

Estimates

P/E91.70
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings144.8111.0219.7818.48432.45242.31
Price / Sales1.900.260.450.443.674.66
Price / Book Value1.640.731.181.052.352.88
Price / Free Cash Flow36.30-3.4113.177.5054.52109.73
ENTERPRISE VALUE METRICS
Enterprise Value1,886.0956.31,448.81,221.12,668.93,135.0
Enterprise Value / Sales1.940.330.510.463.794.63
Enterprise Value / EBITDA40.616.769.147.7886.7192.66
Enterprise Value / EBIT61.789.8412.8111.02133.18142.04

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue4.2%2,255.32,886.32,839.02,656.12,659.1
Gross Income6.5%205.9255.2271.1270.0264.9
EBITDA7%98.0141.5158.5157.0128.6
EBIT11%53.997.2113.1110.881.7
Net Income-8.7%35.868.264.363.324.9
EPS (Diluted)-9%0.991.911.791.720.68
BALANCE SHEET
Cash & ST Inv4.4%271.7207.4277.4315.2322.4
Total Assets2.1%1,903.92,227.32,274.82,139.52,071.7
Total Liabilities1.1%930.11,200.91,195.71,026.2971.9
Total Shareholder Equity3.1%973.81,026.41,079.11,113.31,099.8
CASH FLOW
Net Operating Cash Flow—-2.6-177.5174.3189.2124.0
Cap Ex-2.2%-42.2-43.4-77.7-33.3-38.5
Free Cash Flow—-44.8-220.896.6156.085.4

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)65.96
Basic Shares35.92
Market Cap2,369.3
Diluted Shares36.28
Fully Diluted Shares Outstanding36.28
Fully Diluted Market Cap2,392.8
+Consolidated Debt304.3
−In-the-Money Convertible Debt—
+Capital Leases99.5
+Operating Leases—
−Cash & Equivalents-324.9
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value2,348.7

Segment data

Revenue

by Geography

  • United States37%
  • Asia30%
  • Singapore13%
  • Europe11%
  • Other Asia6%

Related companies

Celestica Inc

CLS US

Flex Ltd.

FLEX US

Jabil Inc

JBL US

Ttm Technologies Inc

TTMI US

Sanmina Corp

SANM US

Bel Fuse Inc /NJ

BELFA US

Cts Corp

CTS US

Kimball Electronics, Inc.

KE US

Nano Dimension Ltd.

NNDM US

Key Tronic Corp

KTCC US

Exro Technologies Inc.

EXROF US

Plexus Corp

PLXS US