BENCHMARK ELECTRONICS INC(BHE)Stock Analysis
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Rank #2,049 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
BHE Stock Analysis & AI Quality Score
AI stock analysis and institutional research for BENCHMARK ELECTRONICS INC (BHE), a Technology sector company. 13F Pro's AI-powered ranking engine scores BHE at 37.6/100 on a 32-signal composite quality model, placing it at rank #2,049 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue growth (1.1) and earnings quality (4.6), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), BENCHMARK ELECTRONICS INC reports quarterly revenue of $677.3M, net income of $13.0M, an operating margin of 3.2%. Top institutional holders of BHE by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, FRANKLIN RESOURCES, based on the most recent SEC filings. BHE trades on the NYSE exchange and files with the SEC under CIK 863436. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BHE daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for BENCHMARK ELECTRONICS INC directly from SEC EDGAR. BENCHMARK ELECTRONICS INC's 13F Pro composite quality score has ranged between 35 and 58 since 2021, currently 37.6 — a stable long-term trajectory across 28 quarterly and live scoring snapshots.
Revenue
Q1 2026
$677.3M
Net Income
Q1 2026
$13.0M
Free Cash Flow
Q1 2026
$31.0M
Operating Margin
Q1 2026
3.2%
ROIC
Q1 2026
1.7%
D/E Ratio
Q1 2026
0.19
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-6.3% YoYNet Income
-61.4% YoYOperating Income
-30.7% YoYEPS (Diluted)
-62.0% YoYTotal Assets
-8.9% YoYTotal Debt
-36.0% YoYOp. Cash Flow
-28.9% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $2.66B -6.3% | $2.84B -1.6% | $2.89B +28.0% | $2.26B +9.8% | $2.05B -9.5% | $2.27B |
| Net Income | $24.9M -61.4% | $64.3M -5.7% | $68.2M +90.7% | $35.8M +154.5% | $14.1M -40.0% | $23.4M |
| Operating Income | $76.0M -30.7% | $109.7M +21.8% | $90.1M +69.7% | $53.1M +111.1% | $25.1M -11.9% | $28.5M |
| EPS (Diluted) | $0.68 -62.0% | $1.79 -6.3% | $1.91 +92.9% | $0.99 +160.5% | $0.38 -36.7% | $0.60 |
| Total Assets | $2.07B -8.9% | $2.27B +2.1% | $2.23B +17.0% | $1.90B +9.2% | $1.74B -0.9% | $1.76B |
| Total Debt | $214.3M -36.0% | $334.9M +1.9% | $328.7M +151.7% | $130.6M -9.9% | $144.9M -4.4% | $151.6M |
| Operating Cash Flow | $124.0M -28.9% | $174.3M +198.2% | $-177.5M -6668.4% | $-2.6M -102.2% | $120.4M +29.3% | $93.1M |
AI Insight: BHE Financial Trends
Revenue remains well below the $1,341M Q2 2024 peak while debt has declined steadily to $209M, creating a mixed profitability picture.
• Total debt fell from $295M in Q2 2024 to $209M in Q1 2026, a $86M reduction over seven quarters.
• Revenue has compressed sharply from $1,341M in Q2 2024 to $677M in Q1 2026, roughly half prior levels.
• Operating income recovered modestly from a trough of $12M in Q1 2025 to $22M in Q1 2026, but remains well below Q2 2024's $53M.
• Operating cash flow turned negative at -$3M in Q2 2025 but recovered to $47M in Q1 2026.
⚠ Net income compressed to just $1M in Q2 2025 and $6M in Q4 2025, signaling persistent margin fragility at current revenue levels.
⚠ Revenue has stalled in the $632M–$704M range for five consecutive quarters — watch for any reacceleration above $750M.
⚠ Equity has been flat near $1,100M since Q2 2024 despite retained earnings, suggesting buybacks or other capital returns are offsetting income.
AI Insight: BHE Ratio Trends
Profitability remains well below mid-2024 peaks with ROIC stuck near 6–7%, signaling a structural step-down in returns.
• ROIC collapsed from 15.2% in Q2 2024 to a range of 6.1–6.7% across Q4 2025 and Q1 2026, roughly halving.
• Operating margin has been volatile — peaking at 4.3% in Q4 2024, troughing at 1.9% in Q1 2025, and recovering modestly to 3.2% in Q1 2026.
• Leverage has improved: D/E declined from 0.27 in Q2 2024 to 0.19 in Q1 2026, the lowest level in the dataset.
• Net profit margin recovered from a near-zero 0.1% in Q2 2025 to 1.9% in Q1 2026, but remains below the 2.5% seen in Q4 2024.
⚠ ROIC has plateaued at 6.1–6.7% for three straight quarters — well below the 15.2% registered in Q2 2024.
⚠ ROE swung from 10.8% in Q2 2024 to 4.8% in Q1 2026; sustained recovery above prior peaks is unconfirmed.
⚠ Q1 2025 showed a severe margin dip — monitor whether Q1 seasonality creates a recurring weak quarter.
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Available Research
13F Pro tracks comprehensive data for BENCHMARK ELECTRONICS INC including:
Top Institutional Holders of BHE
BlackRock, Inc.
$316.3M5,642,706 shVANGUARD PORTFOLIO MANAGEMENT LLC
$176.1M3,141,826 shFRANKLIN RESOURCES INC
$154.8M2,760,676 shDIMENSIONAL FUND ADVISORS LP
$139.8M2,494,575 shEARNEST PARTNERS LLC
$95.5M1,703,558 shVANGUARD CAPITAL MANAGEMENT LLC
$87.4M1,559,148 shAMERICAN CENTURY COMPANIES INC
$83.5M1,490,098 shSTATE STREET CORP
$77.9M1,385,240 shGEODE CAPITAL MANAGEMENT, LLC
$50.6M902,659 shWELLINGTON MANAGEMENT GROUP LLP
$43.1M768,991 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $316.3M | 5,642,706 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $176.1M | 3,141,826 |
| FRANKLIN RESOURCES INC | $154.8M | 2,760,676 |
| DIMENSIONAL FUND ADVISORS LP | $139.8M | 2,494,575 |
| EARNEST PARTNERS LLC | $95.5M | 1,703,558 |
| VANGUARD CAPITAL MANAGEMENT LLC | $87.4M | 1,559,148 |
| AMERICAN CENTURY COMPANIES INC | $83.5M | 1,490,098 |
| STATE STREET CORP | $77.9M | 1,385,240 |
| GEODE CAPITAL MANAGEMENT, LLC | $50.6M | 902,659 |
| WELLINGTON MANAGEMENT GROUP LLP | $43.1M | 768,991 |
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Popular Research
Is BHE a good stock to buy?
13F Pro's AI-powered analysis of BENCHMARK ELECTRONICS INC (BHE) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BHE are available on the BHE stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own BHE?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BHE. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of BENCHMARK ELECTRONICS INC's investment landscape.