Benchmark Electronics Inc (BHE)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	109,411	109,664	90,069	53,062	25,134
Revenue	US$ in thousands	2,656,100	2,838,980	2,886,330	2,255,320	2,053,130
Operating profit margin		4.12%	3.86%	3.12%	2.35%	1.22%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $109,411K ÷ $2,656,100K
= 4.12%

Benchmark Electronics Inc's operating profit margin has been showing a positive trend over the past five years, increasing from 1.22% as of December 31, 2020, to 4.12% as of December 31, 2024. This indicates that the company has been able to improve its efficiency in generating operating profits relative to its revenue during this period.

The gradual improvement in operating profit margin suggests that Benchmark Electronics Inc has likely implemented effective cost control measures or achieved economies of scale in its operations. This is a positive sign for investors as it reflects the company's ability to manage costs while potentially increasing profitability.

Overall, the increasing trend in operating profit margin for Benchmark Electronics Inc indicates a strengthening financial performance and operational efficiency over the past five years.