# BENCHMARK ELECTRONICS, INC. (BHE) · Edgar & Edgarette company card

> Benchmark Electronics (BHE) saw revenue fall 0.4% in FY2025 to $2.7 billion, operating margin 2.8% against a 4.6% median for printed circuit boards, equity 53.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 863436 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/BHE) · [JSON](https://www.pops4.com/boards/company/BHE.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $2.7B |
| Revenue growth, 1 year | -0.4% |
| Revenue growth per year | 4.1% |
| Operating margin | 2.8% (prior year 4.0%) |
| Net margin | 0.9% |
| Operating cash flow | $124M |
| Capital spending | $39M |
| Free cash flow | $85M |
| Cash | $322M |
| Long-term debt | $211M |
| Total assets | $2.1B |
| Total equity | $1.1B |
| Equity ÷ assets | 53.1% |
| Return on equity | 2.3% |
| Dividend per share | $0.15 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 4.9 (safe zone)
- Piotroski F: 7 of 9 (solid)
- Beneish M: -2.75 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $2.7B (FY2025), total debt $210.6M. Experience: revenue down 0.4% on the year, up 4.1% a year over 4 years; operating margin 2.8%, down from 4.0%. Soundness: equity 53.1% of assets, return on equity 2.3%, payout 98.3% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.2B and $3.1B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.9B to $3.6B. A statistical range, not company guidance. Against peers (10 filers, $50M+ revenue, printed circuit boards): operating margin 2.8% against a 4.6% median; growth -0.4% against 6.3%.

Range logged 2026-10-01, receipt 8b31d7bb5c259def, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-02-24 ([filing](https://www.sec.gov/Archives/edgar/data/863436/000119312526067236/0001193125-26-067236-index.htm))

## Recent filings

- 10-Q · filed 2026-10-28 · [filing](https://www.sec.gov/Archives/edgar/data/863436/000119312526436286/0001193125-26-436286-index.htm)
- 8-K · filed 2026-10-28 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/863436/000119312526436278/0001193125-26-436278-index.htm)
- 8-K · filed 2026-09-08 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/863436/000119312526385235/0001193125-26-385235-index.htm)
- 10-Q · filed 2026-07-29 · [filing](https://www.sec.gov/Archives/edgar/data/863436/000119312526324169/0001193125-26-324169-index.htm)
- 8-K · filed 2026-07-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/863436/000119312526324117/0001193125-26-324117-index.htm)
- 8-K · filed 2026-06-08 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/863436/000119312526261721/0001193125-26-261721-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000863436.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=863436

## Cite

POPS4, Edgar & Edgarette: BENCHMARK ELECTRONICS, INC. (BHE) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/BHE. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.