Benchmark Electronics Inc. | Small-cap | Technology
$35.97
-4.21%
| Benchmark Stock Comparison:
Benchmark vs AmphenolBenchmark vs CorningBenchmark vs Bel FuseBenchmark vs OusterBenchmark vs Bel FuseBenchmark vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 631.8M
Gross Profit 63.2M 10.00%
Operating Income 23.2M 3.67%
Net Income 3.6M 0.58%
EPS (Diluted) $0.10

Balance Sheet Metrics

Total Assets 2.1B
Total Liabilities 1.0B
Shareholders Equity 1.1B
Debt to Equity 0.93

Cash Flow Metrics

Operating Cash Flow 58.2M
Free Cash Flow 27.3M

Revenue & Profitability Trend

Benchmark Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 2.7B 2.8B 2.9B 2.3B 2.1B
Cost of Goods Sold i 2.4B 2.6B 2.6B 2.0B 1.9B
Gross Profit i 270.0M 271.1M 255.2M 205.9M 175.0M
Gross Margin % i 10.2% 9.5% 8.8% 9.1% 8.5%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 149.5M 147.0M 150.2M 136.7M 122.2M
Other Operating Expenses i - - - - -
Total Operating Expenses i 149.5M 147.0M 150.2M 136.7M 122.2M
Operating Income i 115.7M 118.1M 98.6M 62.8M 43.8M
Operating Margin % i 4.4% 4.2% 3.4% 2.8% 2.1%
Non-Operating Items
Interest Income i 10.2M 6.3M 1.7M 540.0K 1.2M
Interest Expense i 26.9M 31.9M 12.9M 8.5M 8.4M
Other Non-Operating Income -15.1M -11.2M -3.1M -9.5M -19.3M
Pre-tax Income i 83.9M 81.2M 84.3M 45.4M 17.3M
Income Tax i 20.6M 16.9M 16.1M 9.6M 3.2M
Effective Tax Rate % i 24.5% 20.8% 19.1% 21.2% 18.7%
Net Income i 63.3M 64.3M 68.2M 35.8M 14.1M
Net Margin % i 2.4% 2.3% 2.4% 1.6% 0.7%
Key Metrics
EBITDA i 163.3M 166.9M 150.1M 107.8M 93.1M
EPS (Basic) i $1.76 $1.81 $1.94 $1.00 $0.38
EPS (Diluted) i $1.72 $1.79 $1.91 $0.99 $0.38
Basic Shares Outstanding i 35970000 35566000 35179000 35655000 36524000
Diluted Shares Outstanding i 35970000 35566000 35179000 35655000 36524000

Income Statement Trend

Benchmark Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 315.2M 277.4M 207.4M 271.7M 390.8M
Short-term Investments i - - - - -
Accounts Receivable i 412.5M 449.4M 492.0M 355.9M 309.3M
Inventory i 553.7M 683.8M 727.7M 523.2M 327.4M
Other Current Assets 42.5M 44.4M 41.4M 41.7M -
Total Current Assets i 1.5B 1.6B 1.7B 1.3B 1.2B
Non-Current Assets
Property, Plant & Equipment i 118.0M 130.8M 93.1M 99.2M 80.0M
Goodwill i 384.2M 384.2M 384.2M 448.5M 454.2M
Intangible Assets i - - 58.2M 64.2M 70.0M
Long-term Investments - - - - -
Other Non-Current Assets 100.0M 88.4M 78.5M 13.6M 14.6M
Total Non-Current Assets i 635.2M 639.0M 575.2M 548.1M 541.9M
Total Assets i 2.1B 2.3B 2.2B 1.9B 1.7B
Liabilities
Current Liabilities
Accounts Payable i 354.2M 367.5M 424.3M 426.6M 282.2M
Short-term Debt i 6.7M 4.3M 4.3M 985.0K 9.2M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i 649.1M 713.5M 749.1M 654.4M 481.1M
Non-Current Liabilities
Long-term Debt i 359.5M 450.1M 407.4M 220.2M 203.2M
Deferred Tax Liabilities i - 0 495.0K 84.0K 4.8M
Other Non-Current Liabilities 17.6M 32.1M 43.9M 55.4M 65.6M
Total Non-Current Liabilities i 377.1M 482.1M 451.8M 275.7M 273.5M
Total Liabilities i 1.0B 1.2B 1.2B 930.1M 754.6M
Equity
Common Stock i 3.6M 3.6M 3.5M 3.5M 3.6M
Retained Earnings i 596.0M 560.5M 519.9M 480.0M 492.2M
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 1.1B 1.1B 1.0B 973.8M 989.6M
Key Metrics
Total Debt i 366.2M 454.3M 411.6M 221.2M 212.3M
Working Capital i 855.1M 922.2M 903.0M 693.8M 721.2M

Balance Sheet Composition

Benchmark Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 63.3M 64.3M 68.2M 35.8M 14.1M
Depreciation & Amortization i 46.1M 45.4M 44.3M 44.2M 48.8M
Stock-Based Compensation i 13.4M 15.3M 18.5M 15.3M 10.4M
Working Capital Changes i 89.7M 79.7M -300.8M -82.7M 51.3M
Operating Cash Flow i 206.6M 189.7M -177.1M 5.6M 117.2M
Investing Activities
Capital Expenditures i -29.3M -72.8M -43.0M -38.6M -34.2M
Acquisitions i - - 0 0 4.7M
Investment Purchases i - - - - -
Investment Sales i - - - 0 0
Investing Cash Flow i -30.8M -72.9M -37.8M -38.5M -29.4M
Financing Activities
Share Repurchases i -5.1M 0 -9.4M -40.2M -25.2M
Dividends Paid i -23.9M -23.5M -23.2M -23.3M -23.0M
Debt Issuance i 600.0M 749.5M 0 0 864.0K
Debt Repayment i -674.3M -743.8M -633.2M -156.5M -118.9M
Financing Cash Flow i -109.6M -23.7M -474.5M -229.9M -176.0M
Free Cash Flow i 156.0M 96.6M -224.2M -44.8M 80.9M
Net Change in Cash i 66.2M 93.2M -689.4M -262.8M -88.2M

Cash Flow Trend

Benchmark Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 36.11
Forward P/E 15.33
Price to Book 1.22
Price to Sales 0.52
PEG Ratio -0.39

Profitability Ratios

Profit Margin 1.48%
Operating Margin 3.58%
Return on Equity 3.49%
Return on Assets 3.12%

Financial Health

Current Ratio 2.36
Debt to Equity 29.84
Beta 1.06

Per Share Data

EPS (TTM) $1.04
Book Value per Share $30.82
Revenue per Share $71.88

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
bhe 1.3B 36.11 1.22 3.49% 1.48% 29.84
Amphenol 148.6B 50.30 13.37 31.05% 16.90% 69.51
Corning 74.6B 90.49 6.19 8.28% 5.77% 73.62
Bel Fuse 1.8B 36.46 4.47 14.16% 8.59% 57.31
Ouster 1.8B -14.74 8.55 -46.96% -73.07% 7.99
Bel Fuse 1.7B 30.50 3.74 14.16% 8.59% 57.31

Financial data is updated regularly. All figures are in the company's reporting currency.