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BHEBenchmark Electronics, Inc.
$82.23$3.0B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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BHE logo

Benchmark Electronics, Inc.

BHE
NYSE · Tech Hardware & Equipment
$82.23
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$2.95B
P/E120.9x
52W High$100.41
Volume812.81K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Revenue Acceleration Masks Flat Margins and Earnings Quality

Benchmark Electronics is executing a cyclical recovery, with revenue accelerating 17.7% YoY in 2026Q2 to $756.0M and operating income growing 33.5% YoY, signaling positive operating leverage. However, gross margin remains stagnant at 10.4%, and stock-based com...

GrowthAccelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

BHE price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

+116% Peers

P/E is 116% above peer median

03

Market leadership

RS 79 · Avg

Average momentum (RS Rating: 79)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystEstimated earnings · Oct 29

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
BHE+88.09%
S&P 500 (^GSPC)+13.20%
1-Year Return
BHE+105.94%
S&P 500 (^GSPC)+15.98%
3-Year Return
BHE+247.71%
S&P 500 (^GSPC)+92.84%
5-Year Return
BHE+217.04%
S&P 500 (^GSPC)+84.78%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
120.9x
Forward P/EExpansion
27.8x
EV/EBITDA100th %ile
19.3x
FCF YieldCash Flow
2.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
120.9x
26.4x
100th· High
EV/EBITDA
19.3x
9.5x
100th· High
Price/FCF
34.6x
10.7x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$19.03-76.9%
Base (Fair)$39.75-47.3%
Bull$38.53-53.1%
$19.03 Bear$39.75 Base$38.53 Bull
Current Market Price: $82.23
Trades at a 106.9% premium to Base DCF ($39.75)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$2.66B+0.1% YoY
Net income
$25M-60.8% YoY
Free cash flow
$85M-45.2% YoY
Operating margin
4%-0.2 pts YoY
ROIC (TTM)7%
Avg ROIC 5Y-
ROE (TTM)2.2%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 29, 2026
$0.75+9.5%
vs $0.69
$756M+5.0%
vs $720M
Q2 2026
Apr 29, 2026
$0.58+4.5%
vs $0.56
$677M+0.1%
vs $676M
Q1 2026
Feb 3, 2026
$0.71+10.4%
vs $0.64
$704M+1.1%
vs $696M
Q4 2025
Nov 4, 2025
$0.62-4.6%
vs $0.65
$681M-2.2%
vs $696M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Seeking Alpha·Sep 14, 2026
Benchmark Electronics: Speculative 'Buy' For AI Growth

BHE's relationships offer a way to participate in AI infrastructure spending, with opportunities extending from product development into manufacturing. They're also nearshoring capacity and recovering end markets. This helps support further growth, assuming new programs scale to profitable production. However, I concede their margins are worth monitoring going forward. This could ultimately limit how much of the sales growth reaches shareholders.

Business Wire·Sep 8, 2026
Benchmark Electronics Announces Quarterly Cash Dividend

TEMPE, Ariz.--(BUSINESS WIRE)--Benchmark Electronics, Inc. (NYSE: BHE) today announced that its Board of Directors declared a quarterly dividend of $0.17 per share, payable on October 13, 2026, to shareholders of record at the close of business on September 30, 2026. About Benchmark Electronics, Inc. Benchmark provides comprehensive solutions across the entire product lifecycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply c.

Defense World·Aug 28, 2026
Bank of America Corp DE Has $4.97 Million Stock Holdings in Benchmark Electronics, Inc. $BHE

Bank of America Corp DE raised its position in Benchmark Electronics, Inc. (NYSE: BHE) by 49.5% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 88,731 shares of the technology company's stock after buying an additional 29,381 shares during the period. Bank of America Corp

Defense World·Aug 24, 2026
Deutsche Bank AG Purchases Shares of 97,185 Benchmark Electronics, Inc. $BHE

Deutsche Bank AG acquired a new position in shares of Benchmark Electronics, Inc. (NYSE: BHE) in the undefined quarter, according to its most recent 13F filing with the SEC. The fund acquired 97,185 shares of the technology company's stock, valued at approximately $9,589,000. Deutsche Bank AG owned about 0.27% of Benchmark Electronics at

Filtered for Benchmark Electronics, Inc.More Headlines
04

Compare before deciding

Benchmark BHE against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Benchmark Electronics, Inc. (BHE)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BHE logoBHEBenchmark Electronics, Inc.Current
$82.23$2.95B120.930.11%0.93%2.25%0.82%
JBL logoJBLJabil Inc.
$308.98$32.6B52.193.18%2.57%62.24%—
CLS logoCLSCelestica Inc.
$356.09$40.94B48.8530.71%7.16%50.69%—
FLEX logoFLEXFlex Ltd.
$114.45$41.93B49.128.14%3.32%18.71%—
SANM logoSANMSanmina Corporation
$215.65$11.56B48.357.4%2.41%11.66%—
PLXS logoPLXSPlexus Corp.
$263.33$7.05B42.071.82%4.03%12.46%—

Compare BHE vs Peers

Benchmark Electronics, Inc. (BHE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs JBL

Most directly comparable listed peer for BHE.

Scale Benchmark

vs AVGO

Larger-name benchmark to compare BHE against a more recognizable public peer.

Peer Set

Compare Top 5

vs JBL, CLS, FLEX, SANM

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

BHE SEC Filings & Documents

Benchmark Electronics, Inc. (BHE) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 29, 2026·SEC

Material company update

Jun 8, 2026·SEC

Material company update

May 29, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 24, 2025·SEC

FY 2024

Feb 27, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 29, 2026·SEC

FY 2026

Apr 30, 2026·SEC

FY 2025

Nov 5, 2025·SEC

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BHE Frequently Asked Questions

Benchmark Electronics, Inc. (BHE) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Benchmark Electronics, Inc.'s revenue?

Benchmark Electronics, Inc. (BHE) reported $2.82B in revenue for fiscal year 2025. This represents a 1300% increase from $201.3M in 1996.

How fast is Benchmark Electronics, Inc. growing?

Benchmark Electronics, Inc. (BHE) grew revenue by 0.1% over the past year. Growth has been modest.

Is BHE profitable?

Yes, Benchmark Electronics, Inc. (BHE) is profitable, generating $53.1M in net income for fiscal year 2025 (0.9% net margin).

Dividend & Returns
Does BHE pay dividends?

Yes, Benchmark Electronics, Inc. (BHE) pays a dividend with a yield of 0.82%. This makes it attractive for income-focused investors.

What is BHE's return on equity?

Benchmark Electronics, Inc. (BHE) has a return on equity (ROE) of 2.2%. This is below average, suggesting room for improvement.

What is Benchmark Electronics, Inc.'s free cash flow?

Benchmark Electronics, Inc. (BHE) generated $154.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in BHE back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →