15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 5.2% per year over the past 5 years.
Net income has grown faster than revenue (12.1% vs 5.2% per year).
Operating margin has expanded, at 2.8% in the latest year.
Free cash flow has grown 0.6% per year over the past 5 years.
Financial health
The company holds more cash ($322M) than total debt ($211M).
Total debt has grown faster than revenue (9.2% vs 5.2% per year).
Operating income covered interest expense 3.8× in the latest year, up from 3.0× 5 years ago.
Total debt is 1.7× EBITDA.
Shareholder returns
Dividends have been paid for 8 consecutive years, consuming 98.3% of earnings and 27.6% of free cash flow.
The dividend has grown 1.2% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$2.7B
$25M
9.8%
2.8%
2.3%
1.2%
$88M
$211M
$322M
2024
$2.8B
$61M
9.8%
4.0%
5.5%
2.9%
$158M
$257M
$315M
2023
$3.0B
$69M
9.1%
3.7%
6.4%
3.0%
$101M
$331M
$277M
2022
$3.0B
$68M
8.5%
3.0%
6.6%
3.1%
-$221M
$324M
$207M
2021
$2.3B
$36M
8.8%
2.3%
3.7%
1.9%
-$41M
$130M
$272M
2020
$2.1B
$14M
8.2%
1.2%
1.4%
0.8%
$86M
$136M
$391M
2019
$2.3B
$23M
7.9%
1.2%
2.3%
1.3%
$61M
$143M
$348M
2018
$2.6B
$23M
7.8%
2.2%
2.0%
1.2%
$14M
$148M
$458M
2017
$2.5B
-$32M
9.2%
3.1%
-2.4%
-1.5%
$95M
—
$743M
2016
$2.3B
$64M
9.2%
3.3%
4.7%
3.2%
$243M
—
$681M
2015
—
$95M
—
—
7.2%
5.0%
$110M
—
$466M
2014
—
$81M
—
—
6.3%
4.8%
$92M
—
$427M
2013
—
$111M
—
—
9.0%
6.7%
$72M
—
$346M
2012
—
$57M
—
—
5.0%
3.8%
$103M
—
$385M
2011
—
$52M
—
—
4.7%
3.5%
-$17M
—
$284M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$834M
$17M
10.1%
3.7%
1.5%
0.7%
$15M
$158M
$291M
Jun '26
$777M
$20M
10.1%
3.9%
1.8%
0.9%
$22M
$181M
$315M
Mar '26
$698M
$13M
9.9%
3.1%
1.2%
0.6%
$31M
$205M
$325M
Dec '25
$726M
$6M
10.2%
2.8%
0.5%
0.3%
$48M
$211M
$322M
Sep '25
$703M
$14M
9.7%
3.4%
1.3%
0.7%
$26M
$216M
$285M
Jun '25
$666M
$972000
9.7%
3.1%
0.1%
0.0%
-$14M
$207M
$265M
Mar '25
$655M
$4M
9.7%
1.8%
0.3%
0.2%
$28M
$276M
$355M
Dec '24
$684M
$16M
9.9%
4.2%
1.5%
0.8%
$37M
$257M
$315M
Sep '24
$680M
$15M
9.8%
4.1%
1.4%
0.7%
$29M
$279M
$324M
Jun '24
$687M
$16M
9.9%
4.0%
1.4%
0.7%
$48M
$289M
$309M
Mar '24
$711M
$14M
9.5%
3.6%
1.3%
0.6%
$43M
$315M
$296M
Dec '23
$713M
$18M
10.0%
4.5%
1.6%
0.8%
$128M
$331M
$277M
Sep '23
$746M
$20M
9.3%
4.1%
1.9%
0.9%
$18M
$432M
$260M
Jun '23
$766M
$14M
8.8%
3.2%
1.3%
0.6%
$16M
$427M
$245M
Mar '23
$743M
$12M
8.6%
3.1%
1.2%
0.5%
-$61M
$403M
$211M
Dec '22
$791M
$21M
9.1%
3.4%
2.1%
1.0%
-$66M
$324M
$207M
Sep '22
$807M
$19M
8.3%
3.1%
1.9%
0.8%
-$38M
$299M
$247M
Jun '22
$751M
$17M
7.8%
3.0%
1.7%
0.8%
-$31M
$264M
$262M
Mar '22
$663M
$11M
8.7%
2.3%
1.1%
0.5%
-$85M
$203M
$245M
Dec '21
$659M
$12M
9.4%
2.8%
1.3%
0.7%
-$11M
$130M
$272M
Valuation over time
How the market has priced BHE against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 12.4× (Mar '23) to 98.9× (Nov '26).
The price-to-sales ratio has risen from 0.3× (Mar '23) to 0.9× (Nov '26).
The dividend yield has fallen from 2.7% (Mar '23) to 1.0% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is BHE growing its revenue and profit?
Over the past 5 years, Benchmark Electronics Inc's revenue has grown 5.2% per year, and net income grown 12.1% per year. These are computed facts, not advice.
How much debt does BHE have?
As of FY2025, Benchmark Electronics Inc reported $211M of total debt against $322M of cash; operating income covered interest expense 3.8×.
What is BHE's profit margin?
In FY2025, gross margin was 9.8%, operating margin 2.8%, and net margin 0.9%.
What is BHE's P/E ratio?
Benchmark Electronics Inc's P/E (TTM) is 43.88 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the BHE stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 98.9× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.