Benchmark Electronics Inc (BHE)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	63,327	64,315	68,229	35,770	14,055
Revenue	US$ in thousands	2,656,100	2,838,980	2,886,330	2,255,320	2,053,130
Net profit margin		2.38%	2.27%	2.36%	1.59%	0.68%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $63,327K ÷ $2,656,100K
= 2.38%

Benchmark Electronics Inc's net profit margin has shown a consistent upward trend over the years, increasing from 0.68% in December 31, 2020, to 2.38% in December 31, 2024. This indicates that the company has been able to improve its bottom line and effectively control its costs relative to its revenue. The rising net profit margin suggests that Benchmark Electronics Inc is becoming more efficient in generating profits from its operations. This improvement may be a result of cost-cutting measures, better operational efficiency, or effective pricing strategies. Overall, the increasing trend in net profit margin reflects positively on Benchmark Electronics Inc's financial performance and management effectiveness.