Benchmark Electronics Inc (BHE)

Operating 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
Operating income (ttm)	US$ in thousands	109,411	112,987	115,223	112,451	109,664	104,510	99,453	97,404	90,069	81,758	68,268	56,535	53,062	46,284	43,149	30,578	25,134	3,996	5,135	18,948
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
Operating profit margin		4.12%	4.20%	4.19%	3.99%	3.86%	3.61%	3.37%	3.31%	3.12%	2.95%	2.66%	2.37%	2.35%	2.16%	2.06%	1.50%	1.22%	0.20%	0.25%	0.87%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $109,411K ÷ $2,656,105K
= 4.12%

The operating profit margin of Benchmark Electronics Inc has shown an improving trend over the period from March 31, 2020, to December 31, 2024. The margin started at a low of 0.87% in March 2020 and gradually increased to reach 4.12% by December 2024.

During this period, the company's operating profit margin experienced fluctuations, reflecting changes in the company's operational efficiency and profitability. The margin peaked at 4.20% in September 2024 but slightly decreased to 4.12% by December 2024.

Overall, the consistent improvement in operating profit margin indicates that Benchmark Electronics Inc has been able to effectively control its operating expenses and generate higher profits from its core business operations over the years. This suggests that the company is becoming more efficient in managing its resources and maximizing its profitability.