Stocks · Technology · Hardware, Equipment & Parts
Benchmark Electronics, Inc. BHE
$87.39 +3.27% Close, Oct 2, 2026 · NYSE · Market cap $3.14B
Strong trendLow risk
Next earnings report: Nov 3, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Over the past year the stock returned +128.8%, ahead of the S&P 500 by 113.7 percentage points.
- The shares trade at 59.4× trailing earnings, higher than 90% of the company's own readings over the past five years.
- Diluted EPS over the last four quarters was $1.47, up 40.5% year over year.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth64Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 41%
- EPS growth (TTM, YoY)Top 34%
- FCF growth (TTM, YoY)Top 23%
- Revenue growth, 3-year CAGRBottom 22%
- Revenue growth accelerationTop 19%
Quality57Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 45%
- Gross marginBottom 7%
- Operating marginBottom 48%
- Cash conversion (OCF / net income)Top 11%
- Accruals (lower is better)Bottom 44%
- Net debt / EBITDA (lower is better)Top 39%
- Interest coverTop 35%
Value61Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 43%
- Free-cash-flow yieldTop 40%
- EBITDA / enterprise valueTop 38%
- Sales / enterprise valueTop 16%
- P/E vs own 5-year history (lower is better)Bottom 16%
Momentum91Exceptional
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 12%
- 6-month returnTop 27%
- 1-year return vs S&P 500Top 10%
- Distance from 52-week highTop 24%
- Trend checklist (0–4)Top 18%
Revisions9Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 36%
- Consecutive EPS beatsTop 48%
- Share of analysts rating BuyBottom 10%
- Upside to consensus price targetBottom 22%
Stability84Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 28%
- Maximum drawdown, 3 yearsTop 9%
- Beta vs S&P 500 (lower is better)Top 44%
- Net debt / EBITDA (lower is better)Top 39%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 3.5% | 8.9% | ↑ |
| EPS growth (YoY) | -34.7% | 40.5% | ↑ |
| Gross margin | 10.0% | 10.2% | ↑ |
| Operating margin | 3.9% | 4.2% | ↑ |
| FCF margin | 3.0% | 4.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 8.9% | 3.5% | ↑ | Bottom 41% |
| EPS growth (TTM, YoY) | 40.5% | -34.7% | ↑ | Top 34% |
| Gross margin | 10.2% | 10.0% | ↑ | Bottom 7% |
| Operating margin | 4.2% | 3.9% | ↑ | Bottom 48% |
| Net margin | 1.9% | 1.5% | ↑ | — |
| Free-cash-flow margin | 4.5% | 3.0% | ↑ | — |
| Return on invested capital | 5.3% | — | Top 45% | |
| Revenue growth, 3-year CAGR | -2.7% | — | Bottom 22% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -25.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -0.26×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 7.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- -0.00%
- Net buyback yield (TTM)
- -0.32%
- Shareholder yield
- -0.32%
- Share count change, 1 year
- +0.2%
- Share count change, 3-year CAGR
- +0.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 29, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +4.9%
- Average 2-day reaction, last 8
- +0.1%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $91.00
- Target vs current price
- +4.1%
- Analysts with a rating
- 9
- Share rating Buy or Strong Buy
- 33%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +9.5% | -3.7% | +11.0% | -6.6% | — |
| Apr 29, 2026 | +4.5% | +5.2% | +22.9% | +25.0% | +17.9% |
| Feb 3, 2026 | +10.4% | +4.0% | +9.1% | +4.1% | +34.4% |
| Nov 4, 2025 | -4.6% | -2.3% | +2.3% | +3.8% | +18.5% |
| Jul 30, 2025 | -5.7% | -2.3% | -2.7% | +1.9% | +4.8% |
| Apr 29, 2025 | +4.0% | +0.4% | -8.9% | -3.1% | +1.2% |
| Jan 29, 2025 | +8.9% | -0.6% | -4.6% | -8.0% | -14.1% |
| Oct 30, 2024 | +5.6% | +0.4% | +2.8% | +6.7% | -3.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $0.75 | $0.69 | +9.5% | $756.0M |
| Apr 29, 2026 | $0.58 | $0.56 | +4.5% | $677.0M |
| Feb 3, 2026 | $0.71 | $0.64 | +10.4% | $704.0M |
| Nov 4, 2025 | $0.62 | $0.65 | -4.6% | $680.7M |
| Jul 30, 2025 | $0.55 | $0.58 | -5.7% | $642.3M |
| Apr 29, 2025 | $0.52 | $0.50 | +4.0% | $631.8M |
| Jan 29, 2025 | $0.61 | $0.56 | +8.9% | $656.9M |
| Oct 30, 2024 | $0.57 | $0.54 | +5.6% | $657.7M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 59.4× | 23.3× | 90th | Top 43% |
| P/E (forward) | 29.5× | — | — | — |
| EV / EBITDA | 21.7× | — | — | Top 38% |
| EV / Sales | 1.10× | — | — | Top 16% |
| Free-cash-flow yield | 4.02% | — | — | Top 40% |
| Earnings yield | 1.68% | — | — | Top 43% |
P/E over the past five years
Range 10.8× – 86.8× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +128.8%
- Earnings per share growth (TTM)
- +40.5%
- Change in P/E multiple
- +37.0%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 9
- Days above the 200-day average
- 243
- 50-day average slope (20 days)
- -3.7%
- 200-day average slope (20 days)
- +5.0%
- Distance from 50-day average
- +12.4%
- Distance from 200-day average
- +25.4%
- RSI (14)
- 70.8
- Relative volume
- 0.72×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 46.5%
- Volatility vs own 5-year history
- 82th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.34
- Correlation with S&P 500
- 0.51
- Current drawdown from 1-year high
- -11.4%
- Maximum drawdown, 3 years
- -37.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 8, 2024 | Apr 30, 2025 | -37.2% | 116 days | 189 days (Jan 30, 2026) |
| Apr 5, 2021 | May 9, 2023 | -35.4% | 528 days | 247 days (May 2, 2024) |
| Jun 30, 2026 | Aug 31, 2026 | -28.8% | 43 days | Not yet recovered |
| Jul 31, 2024 | Sep 9, 2024 | -18.6% | 27 days | 42 days (Nov 6, 2024) |
| Jan 7, 2021 | Jan 27, 2021 | -14.3% | 13 days | 22 days (Mar 1, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $3.14B
- P/E (TTM)
- 59.4
- EPS, diluted (TTM)
- $1.47
- Revenue (TTM)
- $2.82B
- Dividend yield
- 0.78%
- 52-week range
- $35.91 – $100.41
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.26B | $2.89B | $2.84B | $2.66B | $2.66B |
| Gross profit | $205.9M | $255.2M | $271.1M | $270.0M | $264.9M |
| Operating income | $53.1M | $90.1M | $109.7M | $109.4M | $105.3M |
| Net income | $35.8M | $68.2M | $64.3M | $63.3M | $24.9M |
| EPS (diluted) | $0.99 | $1.91 | $1.79 | $1.72 | $0.68 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $657.7M | $656.9M | $631.8M | $642.3M | $680.7M | $704.3M | $677.3M | $756.0M |
| Net income | $15.4M | $18.4M | $3.6M | $972,000 | $14.3M | $6.0M | $13.0M | $19.9M |
| EPS (diluted) | $0.42 | $0.50 | $0.10 | $0.03 | $0.39 | $0.17 | $0.36 | $0.55 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$2.6M | -$177.5M | $174.3M | $189.2M | $124.0M |
| Capital expenditure | -$42.2M | -$43.4M | -$77.7M | -$33.3M | -$38.5M |
| Free cash flow | -$44.8M | -$220.8M | $96.6M | $156.0M | $85.4M |
| Dividends paid | -$23.3M | -$23.2M | -$23.5M | -$23.9M | -$24.4M |
| Net share buybacks | -$40.2M | -$8.7M | $129,000 | -$5.1M | -$26.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $314.8M
- Total assets
- $2.21B
- Total liabilities
- $1.10B
- Total debt
- $277.3M
- Net debt
- -$37.5M
- Shareholders’ equity
- $1.12B
As of Jun 30, 2026 (filed Jul 29, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 30, 2026 | $0.17 | Oct 13, 2026 |
| Jun 30, 2026 | $0.17 | Jul 10, 2026 |
| Mar 31, 2026 | $0.17 | Apr 10, 2026 |
| Dec 31, 2025 | $0.17 | Jan 13, 2026 |
| Sep 30, 2025 | $0.17 | Oct 13, 2025 |
| Jun 30, 2025 | $0.17 | Jul 11, 2025 |
| Mar 31, 2025 | $0.17 | Apr 11, 2025 |
| Dec 31, 2024 | $0.17 | Jan 14, 2025 |
Short interest
- Shares sold short
- 1,360,205
- Days to cover
- 4.16
- Change vs previous report
- +3.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Apr 4, 2006
- 3-for-2
- Nov 14, 2003
- 3-for-2
- Aug 15, 1997
- 2-for-1