Benchmark Electronics, Inc. (BHE)
NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
$72.64+2.01%
Close 2026-09-04 · 1-day change
NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
QuarterlyIQ Insights · BHE
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within information technology on a research-validated quality screen. As of 2026-09-04.
The screen ranks BHE against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated strong grew net income 65% of the time over the next year (vs 52% for the rest of the cohort, n=6360).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Met or beat guidance 67% of the last 3 guided quarters · 0.4% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue to grow revenue with a raised full year 2026 outlook targeting about 13% growth and $3 billion in annual revenue for the first time.
Stated as a priority in 3 of last 3 quarters. Revenue grew from $2.66 billion in 2025 to an expected $3 billion in 2026, representing approximately 13% growth. Second quarter 2026 revenue was $756 million, up 18% year-over-year. Management has raised the full year outlook twice in 2026, showing delivering momentum on this growth priority.
“Raising full year outlook and now expect revenue growth of approximately 13%, positioning Benchmark to achieve $3 billion in annual revenue for the first time.”
“Increasing full year revenue growth outlook to 9-10%.”
“Fourth Quarter 2025 Guidance: Revenue between $670 million - $720 million.”
Maintain earnings growth with Q3 2026 diluted GAAP EPS guidance set between $0.51 and $0.57 per share.
Stated as a priority in 3 of last 3 quarters. Diluted GAAP EPS grew from $0.03 in 2025-Q2 to $0.55 in 2026-Q2. The Q3 2026 guidance sets diluted GAAP EPS between $0.51 and $0.57, consistent with management's focus on sustaining earnings growth. The trajectory is delivering.
“Q3-26E Diluted GAAP EPS between $0.51 and $0.57.”
Continue returning capital to shareholders by declaring and paying a quarterly dividend of $0.17 per share.
Stated as a priority in 2 recent quarters with dividend declarations of $0.17 per share in Q1 and Q2 2026. This reflects management's continuing commitment to capital return via dividends. The dividend level has been maintained consistently.
Focus on improving cash generation with operating cash flow and free cash flow growth.
Stated as a priority in 3 of last 3 quarters. Operating cash flow declined from $59 million in 2025-Q4 to $35 million in 2026-Q2, and free cash flow declined from $48 million to $22 million over the same period. Despite management's focus, cash flow metrics show a declining trajectory recently.
“Operating cash flow of $35 million with free cash flow of $22 million.”
Benchmark aims to achieve a full year revenue growth of 9-10%, up from prior expectations.
Over the trailing year it converted 4.99x of net income into operating cash flow. Historically, Information Technology names rated robust grew net income 62% of the time over the next year (vs 50% for the rest of the cohort, n=3128).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
18 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated neutral grew net income 60% of the time over the next year (vs 57% for the rest of the cohort, n=3673).
Not investment advice. As of 2026-09-04.
“Diluted EPS – non-GAAP $0.53 to $0.59 for Q1 2026.”
“Diluted non-GAAP EPS between $0.62 - $0.68 for Q4 2025.”
“Operating cash flow of $47 million with free cash flow of $29 million.”
“Operating cash flow of $59 million with free cash flow of $48 million.”