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BHE · NYSE · United States · Printed Circuit Boards
In shortBENCHMARK ELECTRONICS INC is profitable, generates cash and holds more cash than debt, with revenue stable (−0.4% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 2.8% | 26/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 0.9% | 24/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 2.3% | 11/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 4.6% | 31/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.28× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.19× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 3.77× | 22/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.90 | 97/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 3.2% | 33/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 3.56× | 100/100 |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 14.0% | 59/100 |
| Operating margin volatility | 0.7% | 100/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -3.0% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | -29.1% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 2,345 | 3,012 | 2,968 | 2,761 | 2,749 |
| Cost of revenue | 2,049 | 2,631 | 2,568 | 2,386 | 2,389 |
| Gross profit | 206 | 255 | 271 | 270 | 270 |
| Selling, general & admin | 137 | 150 | 147 | 149 | 160 |
| Operating income | 53 | 90 | 110 | 109 | 76 |
| Interest expense | 8.5 | 13 | 32 | 27 | 20 |
| Pre-tax income | 45 | 84 | 81 | 84 | 62 |
| Income tax | 9.6 | 16 | 12 | 23 | 37 |
| Net income | 36 | 68 | 69 | 61 | 25 |
| Diluted EPS | $0.99 | $1.91 | $1.92 | $1.66 | $0.68 |
| Diluted shares (millions) | 36 | 36 | 36 | 37 | 36 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
4.90 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Jul 29, 2026