Benchmark Electronics Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Benchmark Electronics Inc (BHE) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Benchmark Electronics Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 2,948M vs 110,239M combined for its competitors (2.6% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+10.0% annualized vs trailing 12 months), vs accelerating (+16.3%) for its tracked peer group.
- Growth: Benchmark Electronics Inc generated 19.1% revenue growth year over year in Q3 2026, vs 35.5% for its competitors combined.
- Profitability: Its 2.1% net margin compares with 4.5% for the peer group.
- Scale: Benchmark Electronics Inc ranks #58 of 115 companies by market capitalization in the Semiconductors industry, holding 0.0% of industry market cap.
- Peer revenue share: Benchmark Electronics Inc accounted for 2.5% of combined revenue among its tracked peer group, down from 2.8% a year earlier.
- Peer differentiation: Revenue per employee of $0.25M compares with $0.45M for the peer group (0.6x).
- Structure: Benchmark Electronics Inc operates in the following segments: Asia Segment, Americas Segment, Europe Segment.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
BHE Sales vs. its Competitors, Q3 2026
Benchmark Electronics Inc reported revenue growth of 19.13 % year on year in Q3 2026, below its competitors' combined revenue growth of 35.47 %.
With a net margin of 2.11 %, Benchmark Electronics Inc reported lower profitability than its competitors (4.50 %).
Benchmark Electronics Inc generated 2.47 % of the combined sales of its peer group, down from 2.80 % a year earlier.
API endpoints for this dataset
Benchmark Electronics Inc vs. its Competitors, Q3 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Benchmark Electronics Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Benchmark Electronics Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Benchmark Electronics Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (5) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (6) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (4) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Benchmark Electronics Inc's competitor groups requires a Commercial License.
For context: the Semiconductors industry grew revenue 47.9% year over year, combined, vs 19.1% for Benchmark Electronics Inc. Benchmark Electronics Inc's share of combined industry revenue moved from 0.17% to 0.14%, a loss of 0.03 percentage points.
Benchmark Electronics Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Benchmark Electronics Inc | Yes | Yes | Yes | No |
| Competitors combined (28) | ||||
| High-Confidence Competitors (8) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 87.50 % (7 of 8) | 100.00 % (8 of 8) | 87.50 % (7 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
BHE Stock Performance relative to its Competitors
BHE Stock Performance relative to High-Confidence Competitors
BHE Stock Performance relative to Similar-Size Competitors
BHE Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Emcore Corporation | 282.9% | Outperformed |
| 2 | Ieh Corp | 282.9% | Outperformed |
| 3 | Digi International Inc | 282.9% | Outperformed |
| 4 | Arrow Electronics inc | 282.9% | Outperformed |
| 5 | Applied Optoelectronics Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Benchmark Electronics Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Benchmark Electronics Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Benchmark Electronics Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Benchmark Electronics Inc |
2,198.32 | 2,948.49 |
 Flex Ltd |
26,095.85 | 30,920.00 |
 Jabil Inc |
25,558.72 | 35,954.00 |
 Celestica Inc |
25,173.62 | 18,230.60 |
 Globalfoundries Inc |
21,549.96 | 6,791.00 |
 Fabrinet |
11,852.90 | 5,137.43 |
| SUBTOTAL | 165,904.95 | 396,467.37 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Benchmark Electronics Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Benchmark Electronics Inc's Competitors Named by the Company
Competitive relationships identified from Benchmark Electronics Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Kimball Electronics Inc | Company report | 85% |
| Sanmina Corporation | Company report | 85% |
| Fabrinet | Company report | 85% |
| Ultra Clean Holdings Inc | Company report | 85% |
| AMBC | Company report | 85% |
| Stabilis Solutions Inc | Company report | 85% |
| Ouster Inc | Company report | 85% |
| Iec Electronics Corp | Company report | 85% |
| Smtc Corporation | Company report | 85% |
| Key Tronic Corporation | Company report | 85% |
| Celestica Inc | Company report | 85% |
| Foxconn Hon Hai Precision Industry Co Ltd | Company report | 85% |
| Ttm Technologies Inc | Company report | 85% |
| Highway Holdings Limited | Company report | 85% |
| Plexus Corp | Company report | 85% |
| Micropac Industries Inc | Company report | 85% |
| Flex Ltd | Company report | 85% |
| Graybar Electric Company Inc | Company report | 85% |
| Jabil Inc | Company report | 85% |
| Sigmatron International Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Benchmark Electronics Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Benchmark Electronics Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Benchmark Electronics Inc | Asia Segment 46.28 % |
| Flex Ltd | Integrated Technology Solutions 38.94 % |
| Jabil Inc | Intelligent Infrastructure 47.64 % |
| Celestica Inc | CCS, Networking 55.98 % |
| Fabrinet | Reportable 100.00 % |
| Arrow Electronics inc | Global Components 70.09 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Benchmark Electronics Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Benchmark Electronics Inc | 2,198 | 249,028 | 4,732 |
| Flex Ltd | 26,096 | 208,757 | 7,001 |
| Jabil Inc | 25,559 | 67,966 | 1,968 |
| Celestica Inc | 25,174 | 616,086 | 42,101 |
| Globalfoundries Inc | 21,550 | 4,244,375 | 555,000 |
| Fabrinet | 11,853 | 238,717 | 22,332 |
| PEERS TOTAL | 163,707 | 447,945 | 8,407 |
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Benchmark Electronics Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Benchmark Electronics Inc | US 53.35 % |
| Jabil Inc | Other Countries 29.53 % |
| Fabrinet | Asia Pacific 71.99 % |
| Arrow Electronics inc | Other Foreign 42.04 % |
| Sanmina Corporation | Americas 69.06 % |
| Ttm Technologies Inc | Other Than United States and Thailand 48.51 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
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Benchmark Electronics Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 107 companies in Benchmark Electronics Inc's industry classification, broader than the peer set above. Market cap in millions of $.Benchmark Electronics Inc ranks #58 of 107 companies by market capitalization in its industry, holding 0.02 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 2,187, indicating a moderately concentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Nvidia Corp | 4,532,552 | 45.12 % |
| 3 | Micron Technology Inc | 790,050 | 7.86 % |
| 4 | Advanced Micro Devices Inc | 744,957 | 7.42 % |
| 5 | Intel Corporation | 287,253 | 2.86 % |
| 6 | Applied Materials Inc | 1,234 | 5.2% |
| 7 | Texas Instruments Incorporated | 1,234 | 5.2% |
| 8 | Arm Holdings Plc | 1,234 | 5.2% |
| 9 | Analog Devices Inc | 1,234 | 5.2% |
| 10 | United Microelectronics Corporation | 1,234 | 5.2% |
| 11 | Marvell Technology Inc | 1,234 | 5.2% |
| 58 | Benchmark Electronics Inc | 2,198 | 0.02 % |
Market cap and industry share for the rest of Benchmark Electronics Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-06.
Benchmark Electronics Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 53 | Ambarella Inc | 2,577 | -33.18 % |
| 54 | Axt Inc | 2,468 | 331.87 % |
| 55 | Penguin Solutions Inc | 2,303 | 89.19 % |
| 56 | Jinkosolar Holding Co ltd | 2,286 | -62.58 % |
| 57 | Power Integrations Inc | 1,234 | 12.3% |
| 58 | Benchmark Electronics Inc | 2,198 | 32.34 % |
| 59 | Nlight Inc | 1,234 | 12.3% |
| 60 | Netlist Inc | 1,234 | 12.3% |
| 61 | Navitas Semiconductor Corporation | 1,234 | 12.3% |
| 62 | Ultra Clean Holdings Inc | 1,234 | 12.3% |
| 63 | Shoals Technologies Group Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Benchmark Electronics Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-06. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Benchmark Electronics Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Semiconductors industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (180 companies). See the full Semiconductors industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 10.39 % | 29.30 % (avg) | -18.9 pp |
| Operating Margin | 3.49 % | industry median | -4.4 pp |
| EBITDA Margin | 5.21 % | 4.96 % (avg) | +0.2 pp |
| Capital Intensity (Capex / Revenue) | 1.94 % | 8.79 % (avg) | -6.8 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Benchmark Electronics Inc's Valuation vs Competitive Position
Valuation multiples vs the Semiconductors industry average (180 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Semiconductors industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 51.2x | 39.2x | +12.0x |
| EV / EBITDA | 17.9x | 21.5x | -3.6x |
| P/B | 2.6x | 6.0x | -3.4x |
| Return on Equity | 5.05 % | industry aggregate | -26.17 % |
| Return on Invested Capital | 3.83 % | -0.96 % (avg) | 4.79 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Benchmark Electronics Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 6.77 % | 4.04 % | -11.63 % | 10.54 % | 27.98 % | -1.64 % | -6.44 % | 0.11 % |
| Operating Margin | 3.19 % | 2.28 % | 1.26 % | 2.35 % | 3.12 % | 3.86 % | 4.12 % | 2.86 % |
| Return on Invested Capital | 2.62 % | 2.18 % | 1.20 % | 2.30 % | 3.72 % | 4.20 % | 4.22 % | 2.73 % |
| P/E | - | 42.4x | 59.0x | 25.8x | 14.7x | 13.1x | 27.8x | 63.7x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Benchmark Electronics Inc's Strategic Group Map
Benchmark Electronics Inc is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Benchmark Electronics Inc's trailing-12-month revenue growth of 12.9% and operating margin of 3.5% compares with an average of 13.4% growth and 3.5% margin across its 8 closest peers by combined growth, margin and ROIC -- Benchmark Electronics Inc sits below that peer average on growth and below it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Benchmark Electronics Inc's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Benchmark Electronics Inc falls in the Question Mark quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 10.2% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: Nvidia Corp alone holds 45% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.
Benchmark Electronics Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Moderate | Industry HHI of 2,187 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 1.94 % vs industry average 8.79 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Benchmark Electronics Inc's dedicated Suppliers and Customers pages, not here.
Benchmark Electronics Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Benchmark Electronics Inc falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Benchmark Electronics Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+10.0% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Return on equity 26.2 points below the industry aggregate.
- Low relative market share vs the industry leader (0.00x).
Opportunities
- Industry revenue growing at a healthy 10.2% median pace.
Threats
- Industry dominated by Nvidia Corp, holding 45.12 % of industry market cap.
Methodology: see Methodology: SWOT Analysis.
Benchmark Electronics Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Benchmark Electronics Inc | 0.42 | 2.06 | 0.17 |
| Flex Ltd | 0.21 | 1.35 | 0.83 |
| Jabil Inc | 0.10 | 1.00 | 2.50 |
| Celestica Inc | 0.24 | 1.40 | 0.49 |
| Globalfoundries Inc | 0.76 | 2.62 | 0.08 |
| Fabrinet | 0.27 | 2.33 | 0.01 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Benchmark Electronics Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Benchmark Electronics Inc | Q3 2026 | +19.1 % | +20.2 % |
| Flex Ltd | Q3 2026 | +25.0 % | +32.2 % |
| Jabil Inc | Q3 2026 | +28.6 % | +82.6 % |
| Celestica Inc | Q3 2026 | +82.6 % | +48.3 % |
| Globalfoundries Inc | Q4 2025 | +0.6 % | - |
| Fabrinet | Q3 2026 | +50.7 % | +7.9 % |
| PEERS TOTAL | +35.4 % | +178.0 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Benchmark Electronics Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Benchmark Electronics Inc | Q3 2026 | +18.6 % | +34.7 % |
| Flex Ltd | Q3 2026 | +24.0 % | +60.7 % |
| Jabil Inc | Q3 2026 | +28.7 % | +45.6 % |
| Celestica Inc | Q3 2026 | +86.8 % | +5,610.4 % |
| Globalfoundries Inc | Q4 2025 | -0.4 % | +15.5 % |
| Fabrinet | Q3 2026 | +50.9 % | +249.8 % |
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Benchmark Electronics Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Benchmark Electronics Inc | 2.58% | 3.55% | 5.05% |
| Flex Ltd | 4.46% | 8.84% | 19.34% |
| Jabil Inc | 4.60% | 17.89% | 71.67% |
| Celestica Inc | 12.33% | 21.40% | 38.31% |
| Globalfoundries Inc | 5.18% | 5.51% | 7.41% |
| Fabrinet | 12.81% | 19.79% | 20.32% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Benchmark Electronics Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Benchmark Electronics Inc | 39.22 | 0.75 |
| Flex Ltd | 25.28 | 0.84 |
| Jabil Inc | 24.52 | 0.71 |
| Celestica Inc | 16.67 | 1.38 |
| Globalfoundries Inc | 24.29 | 3.17 |
| Fabrinet | 24.67 | 2.31 |
| PEERS AVERAGE | 22.29 | 0.42 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.