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BH

Benchmark Electronics, Inc.

BHETechnologyNASDAQ

Electronic Components

PriceMA150MA200
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Financials · Annual
Revenue
$2.66B
+0.1% YoY
Net Income
$24.9M
-59.3% YoY
EBITDA
$129.3M
-17.6% YoY
Free Cash Flow
$114.6M

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About Benchmark Electronics, Inc.

Benchmark Electronics, Inc., together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. At a $3.03B market cap, Benchmark Electronics, Inc. ranks as a mid-cap company within technology. It provides design and engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom test and automation equipment design services.

Key stats
Market Cap$3.03B
P/E (TTM)89.85
Fwd P/E27.22
EPS$0.94
Beta1.29
52W Change+131.7%
Dividend Yield0.81%
ROE3.1%
Analysis

With $324.9M in cash and $320.6M in debt, BHE maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow comes in at $114.6M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 3.1%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.9% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $2.89B (2022) to $2.66B (2025).

At over 50x earnings, BHE carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Benchmark Electronics, Inc.'s trajectory.

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