Benchmark Electronics (BHE) Operating Margin (2009 - 2026)
Benchmark Electronics' (BHE) quarterly Operating Margin came in at 4.0% in Q2 2026, up 81.0% year-over-year from 2.21% in Q2 2025, and up 23.91% quarter-over-quarter from 3.23% in Q1 2026.
Analysis
Benchmark Electronics (BHE) Operating Margin (2009 - 2026) Analysis & Trends
Benchmark Electronics (BHE) has reported Operating Margin for 18 consecutive years, with 4.0% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 81.0% year-over-year to 4.0% in Q2 2026; TTM through Jun 2026 was 3.4%, a 3.0% decrease from a year earlier, with the FY2025 full-year figure at 2.86%, down 126.0% from the prior year.
- Operating Margin was 4.0% for Q2 2026 at Benchmark Electronics, up from 3.23% in the prior quarter.
- Over five years, Operating Margin peaked at 4.64% in Q4 2023 and troughed at 1.86% in Q1 2025.
- A 5-year average of 3.5% and a median of 3.41% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin tumbled 192 bps in 2025 and soared 137 bps in 2026, its largest moves.
- Over 5 years, Operating Margin stood at 3.59% in 2022, then gained by 29 bps to 4.64% in 2023, then declined by 6 bps to 4.34% in 2024, then slumped by 34 bps to 2.86% in 2025, then soared by 40 bps to 4.0% in 2026.
- The last three Operating Margin figures came in at 4.0% (Q2 2026), 3.23% (Q1 2026), and 2.86% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 41.41 Bn | 38.57 Bn | 747.00 Mn | 4.94% |
| 2 | Celestica | 38.53 Bn | 37.99 Bn | 577.50 Mn | 9.75% |
| 3 | Jabil | 33.05 Bn | 31.69 Bn | 828.00 Mn | 5.09% |
| 4 | Fabrinet | 15.08 Bn | 14.20 Bn | 158.05 Mn | 10.20% |
| 5 | Ttm Technologies | 13.09 Bn | 12.58 Bn | 211.86 Mn | 10.86% |
| 6 | Sanmina | 11.17 Bn | 9.33 Bn | 363.31 Mn | 6.39% |
| 7 | Plexus | 6.65 Bn | 6.33 Bn | 131.38 Mn | 4.70% |
| 8 | Benchmark Electronics | 2.67 Bn | 2.36 Bn | 78.40 Mn | 4.00% |
| 9 | Kimball Electronics | 612.03 Mn | 523.11 Mn | 32.95 Mn | 7.83% |
| 10 | Eltek | 52.55 Mn | 41.04 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.00% |
| Mar 31, 2026 | 3.23% |
| Dec 31, 2025 | 2.86% |
| Sep 30, 2025 | 3.48% |
| Jun 30, 2025 | 3.19% |
| Mar 31, 2025 | 1.86% |
| Dec 31, 2024 | 4.34% |
| Sep 30, 2024 | 4.27% |
| Jun 30, 2024 | 4.09% |
| Mar 31, 2024 | 3.78% |
| Dec 31, 2023 | 4.64% |
| Sep 30, 2023 | 4.22% |
| Jun 30, 2023 | 3.34% |
| Mar 31, 2023 | 3.27% |
| Dec 31, 2022 | 3.59% |
| Sep 30, 2022 | 3.28% |
| Jun 30, 2022 | 3.08% |
| Mar 31, 2022 | 2.42% |
| Dec 31, 2021 | 2.94% |
| Sep 30, 2021 | 2.06% |