Benchmark Electronics Inc (BHE)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	63,327	62,456	67,494	65,957	64,315	67,982	66,399	69,629	68,229	59,429	48,665	38,813	35,770	31,046	28,896	18,120	14,055	-571	650	13,504
Revenue (ttm)	US$ in thousands	2,656,105	2,690,572	2,752,520	2,819,856	2,838,976	2,898,266	2,950,146	2,944,943	2,886,331	2,768,741	2,569,048	2,385,681	2,255,319	2,143,515	2,097,584	2,043,888	2,053,131	2,040,325	2,069,603	2,180,239
Net profit margin		2.38%	2.32%	2.45%	2.34%	2.27%	2.35%	2.25%	2.36%	2.36%	2.15%	1.89%	1.63%	1.59%	1.45%	1.38%	0.89%	0.68%	-0.03%	0.03%	0.62%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $63,327K ÷ $2,656,105K
= 2.38%

Benchmark Electronics Inc's net profit margin has shown a general upward trend over the years, reflecting an improvement in the company's profitability. The net profit margin increased from 0.62% in March 2020 to 2.38% in December 2024. This indicates that for every dollar of revenue generated, the company retained between 0.62 cents to 2.38 cents as net profit.

Despite some fluctuations throughout the quarters, the overall trajectory of the net profit margin has been positive, with an upward movement from 2020 to 2024. This suggests that Benchmark Electronics Inc has been effectively managing its costs and expenses relative to its revenue, leading to enhanced profitability over time.

The steady increase in the net profit margin indicates the company's ability to efficiently convert revenue into profits, which bodes well for its financial health and sustainability. However, it is essential for the company to continue monitoring and managing its expenses effectively to maintain and potentially improve its net profit margin in the future.