Benchmark Electronics Inc (BHE)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 1,113,310 | 1,079,080 | 1,026,420 | 973,802 | 989,588 |
| ROE | 5.69% | 5.96% | 6.65% | 3.67% | 1.42% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $63,327K ÷ $1,113,310K
= 5.69%
The return on equity (ROE) of Benchmark Electronics Inc has shown an upward trend over the past five years. Starting at a relatively low 1.42% on December 31, 2020, the ROE increased steadily to 3.67% by the end of 2021, indicating improved efficiency in generating profits from shareholders' equity.
The trend continued with a significant jump to 6.65% by December 31, 2022, reflecting a positive performance in utilizing equity to generate returns. However, there was a slight decrease in ROE to 5.96% on December 31, 2023, indicating a potential temporary setback in profitability.
By the end of 2024, the ROE of Benchmark Electronics Inc stood at 5.69%, maintaining a relatively stable level compared to the previous year. Overall, the company's ROE performance demonstrates a mix of positive growth and stability, showcasing its ability to effectively utilize shareholder funds to generate returns over the years.
Peer comparison
Dec 31, 2024