OverviewSuggest Edit

Benchmark Electronics is a provider of integrated technology solutions, manufacturing and design engineering services to original equipment manufacturers. It offers new product design, prototyping, electronics manufacturing, component engineering, circuit board assembly, testing, and supply chain services. The Company's technology solutions are applied for integrated surveillance, Internet of Things (IoT), embedded systems, robotics, microelectronics, optical, radiofrequency and wireless products. It serves aerospace, defense, medical technologies, complex industrials, computing and networking, and semiconductor capital equipment markets.

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TypePublic
Founded1979
HQTempe, US
Websitebench.com
Employee Ratings3.2

Latest Updates

Employees (est.) (Feb 2019)10,600
Job Openings84
Revenue (FY, 2017)$2.5 B(+7%)
Share Price (Feb 2019)$28.1

Key People/Management at Benchmark Electronics

Roop Lakkaraju

Roop Lakkaraju

CFO
Paul J. Tufano

Paul J. Tufano

President, CEO
Michael Buseman

Michael Buseman

Executive Vice President of Global Operations
Steven Beaver

Steven Beaver

Vice President and General Counsel
Lisa Weeks

Lisa Weeks

Vice President, Strategy and Investor Relations
Jan Janick

Jan Janick

Chief Technology Officer
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Benchmark Electronics Office Locations

Benchmark Electronics has offices in Tempe, Angleton, Nashua, Rochester and in 14 other locations
Tempe, US (HQ)
56 S Rockford Dr
Angleton, US
3000 Technology Dr
Concord, US
4041 Pike Lane
Fremont, US
42701 Christy St.
Huntsville, US
4807 Bradford Drive
Moorpark, US
200 Science Drive
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Benchmark Electronics Financials and Metrics

Benchmark Electronics Revenue

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Benchmark Electronics's revenue was reported to be $2.47 b in FY, 2017 which is a 6.8% increase from the previous period.
USD

Revenue (Q3, 2018)

640.7m

Gross profit (Q3, 2018)

52.8m

Gross profit margin (Q3, 2018), %

8.2%

Net income (Q3, 2018)

7.8m

EBIT (Q3, 2018)

11.0m

Market capitalization (15-Feb-2019)

1.2b

Closing stock price (15-Feb-2019)

28.1

Cash (30-Sep-2018)

475.7m

EV

904.6m
Benchmark Electronics's current market capitalization is $1.2 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

2.5b2.3b2.5b

Revenue growth, %

(9%)(9%)7%

Cost of goods sold

2.3b2.1b2.2b

Gross profit

219.3m213.5m227.7m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

549.2m579.3m574.3m557.9m619.6m610.9m608.1m660.6m640.7m

Cost of goods sold

498.9m526.5m521.5m510.4m560.1m552.7m549.8m606.3m587.9m

Gross profit

50.3m52.9m52.8m47.5m59.5m58.2m58.3m54.3m52.8m

Gross profit Margin, %

9%9%9%9%10%10%10%8%8%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

466.0m681.4m742.5m

Accounts Receivable

479.1m440.7m436.6m

Prepaid Expenses

31.4m28.1m42.3m

Inventories

412.0m381.3m397.2m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

519.2m573.2m635.7m752.5m749.3m730.1m676.3m595.6m475.7m

Accounts Receivable

414.2m421.9m417.3m381.2m391.8m411.6m403.8m445.0m456.0m

Prepaid Expenses

37.1m37.2m31.4m34.2m39.2m42.2m31.7m35.3m35.0m

Inventories

389.9m375.1m395.9m404.0m416.0m421.9m306.0m319.0m321.2m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

95.4m64.0m(32.0m)

Depreciation and Amortization

49.7m55.1m48.7m

Inventories

4.0m27.7m(14.0m)

Accounts Payable

(41.4m)76.0m29.5m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

11.1m23.7m45.5m8.6m26.6m44.5m(23.6m)(12.7m)(4.9m)

Depreciation and Amortization

13.9m27.9m42.0m12.3m24.3m36.6m12.4m25.1m39.6m

Inventories

22.8m37.0m14.0m(29.6m)(39.5m)(36.7m)(38.2m)(52.1m)(54.3m)

Accounts Payable

(31.9m)23.1m59.2m16.2m16.7m3.9m2.3m23.1m12.6m
USDY, 2018

EV/EBIT

82.6 x

EV/CFO

-52.3 x

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x
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Benchmark Electronics Operating Metrics

Benchmark Electronics's Backlog was reported to be $2b in FY, 2017.
FY, 2014FY, 2015Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

Backlog

$1.60 b$1.70 b$1.80 b$2 b

Bookings

$128 m$134 m$142 m$152 m$156 m$171 m$177 m$175 m
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Benchmark Electronics Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
AVEX Constitution, Inc.
AVEX Liberty, Inc.
BE Group Holdings B.V.
BEI Electronics Ireland Ltd.
Benchmark BV Holdings, Inc.
Benchmark Electronics B.V.
Benchmark Electronics Delaware Corp.
Benchmark Electronics de Mexico, S. de R.L. de C.V.
Benchmark Electronics GmbH
Benchmark Electronics Huntsville, Inc.
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Benchmark Electronics Revenue Breakdown

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Benchmark Electronics revenue breakdown by business segment: 6.9% from Europe, 30.1% from Asia and 63.0% from Americas

Benchmark Electronics revenue breakdown by geographic segment: 11.9% from Europe, 17.6% from Asia, 67.3% from United States and 3.3% from Other

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Benchmark Electronics Online and Social Media Presence

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Benchmark Electronics News and Updates

2019 Market Analysis Of Electronics Manufacturing Services Market ! Segmented By Key Players;Syniverse Technologies LLC ,Altadox Inc. ,Benchmark Electronics Inc. ,Celestica Inc. ,Compal Electronics Inc. and Forecast to 2025

Global Electronics Manufacturing Services Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Electronics Manufacturing Services Market is continuously growing across the world over the coming y…

Benchmark Electronics Reports Fourth Quarter 2018 Results

TEMPE, Ariz., Feb. 7, 2019 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the fourth quarter and year ended December 31, 2018. Three Months Ended Dec 31, Sep 30, Dec 31, In millions, except EPS 2018 2018 2017(1) Net sales $657 $641 $666 Net...

Services Outsourcing Opportunities in Medical Devices Market SWOT Analysis by Key Players: Accellent, Avail Medical Product, Benchmark Electronics

Stay up-to-date with Services Outsourcing Opportunities in Medical Devices Market offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday

Electronic Manufacturing Services (Ems) 2018 Global Market Key Players – Elcoteq, Jabil, Solectron, Celestica, SIIX, Celestica, Benchmark Electronics -Analysis And Forecast To 2023

Electronic Manufacturing Services (Ems) – Global Market Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Benchmark Electronics Reports Third Quarter 2018 Results

SCOTTSDALE, Ariz., Oct. 30, 2018 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the third quarter ended September 30, 2018. Three Months Ended Sep 30, Jun 30, Sep 30, In millions, except EPS 2018 2018 2017(1) Net sales $641 $661 $611 Net...

Benchmark Electronics to Report Third Quarter 2018 Results

SCOTTSDALE, Ariz., Oct. 23, 2018 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) will announce its third quarter 2018 results on Tuesday, October 30, 2018, after the market closes. The Company will host a conference call to discuss the results later that day at 5:00 p.m. Eastern...
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Benchmark Electronics Blogs

Benchmark's Integrated Surveillance Solution featured on Fox News

"Border Patrol Agents have extremely complicated jobs, very dangerous, so hopefully we're helping them be much more effective." Watch CEO Paul Tufano talk about Benchmark's Integrated Surveillance Solution on Fox 10 Phoenix.

Benchmark’s Integrated Surveillance Solution now deployed to support Border Patrol in San Diego

"Border agents say illegally crossing the border successfully has just gotten much harder." Fox 5 News and ABC 10 News in San Diego covered the deployment of Benchmark’s Integrated Surveillance Solution to the U.S.-Mexico border near San Diego on Wednesday. The stories highlight the va…

Benchmark Electronics announces quarterly cash dividend.

Fourth quarter 2018 cash dividend of $0.15 per share

Collecting Quality Data: How to Maximize IoT Value with Custom Edge Solutions

In a recent webinar, Benchmark VP of IoT Dave Higgins and IoT Inc author and commentator Bruce Sinclair discussed using a customized edge solution to get the best possible data and maximize return on IoT investment. Dave talked about several unique use cases and described how Benchmark w…

Why EMS diversification is more important now than ever before.

Product innovation in the previous decade was all about speed. Chip providers were driving the demand for faster processors and more computing power. Today, technology is less about the speed of processors and more about developing features that are faster than the competition. Instead o…

Benchmark Electronics Romania inaugurates at ‘Transilvania’ University of Braşov an electronics laboratory for students.

The investment resides in high performance equipment, educational modules and furniture. In the laboratory are reproduced work points similar to those in production. The American Company Benchmark Electronics is among the top 10 integrated services providers for the clients of the electr…
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Benchmark Electronics Company Life and Culture

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Benchmark Electronics Frequently Asked Questions

  • When was Benchmark Electronics founded?

    Benchmark Electronics was founded in 1979.

  • Who are Benchmark Electronics key executives?

    Benchmark Electronics's key executives are Roop Lakkaraju, Paul J. Tufano and Michael Buseman.

  • How many employees does Benchmark Electronics have?

    Benchmark Electronics has 10,600 employees.

  • What is Benchmark Electronics revenue?

    Latest Benchmark Electronics annual revenue is $2.5 b.

  • What is Benchmark Electronics revenue per employee?

    Latest Benchmark Electronics revenue per employee is $232.7 k.

  • Who are Benchmark Electronics competitors?

    Competitors of Benchmark Electronics include Data I/O, Sanmina and Plexus.

  • Where is Benchmark Electronics headquarters?

    Benchmark Electronics headquarters is located at 56 S Rockford Dr, Tempe.

  • Where are Benchmark Electronics offices?

    Benchmark Electronics has offices in Tempe, Angleton, Nashua, Rochester and in 14 other locations.

  • How many offices does Benchmark Electronics have?

    Benchmark Electronics has 19 offices.