Benchmark Electronics, Inc. (BHE) Financial Statements (2024 and earlier)

Company Profile

Business Address 56 SOUTH ROCKFORD DRIVE
TEMPE, AZ 85281
State of Incorp. TX
Fiscal Year End December 31
Industry (SIC) 3672 - Printed Circuit Boards (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments207272391348458743
Cash and cash equivalents207272391348458743
Restricted cash and investments  516  
Receivables492356310326468437
Inventory, net of allowances, customer advances and progress billings728523327315310397
Inventory728523327315310397
Contract with customer, asset, after allowance for credit loss184155143161140
Other undisclosed current assets414226302742
Total current assets:1,6521,3481,2021,1951,4041,619
Noncurrent Assets
Operating lease, right-of-use asset93998077
Property, plant and equipment211187185206211186
Intangible assets, net (including goodwill)192192192192192192
Goodwill192192192192192192
Deferred income tax assets12655
Other noncurrent assets667280859197
Other undisclosed noncurrent assets     24
Total noncurrent assets:575556542565496479
TOTAL ASSETS:2,2271,9041,7441,7601,9002,097
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities535535388311432374
Taxes payable6681012
Accounts payable424427282303422363
Accrued liabilities110103100   
Deferred revenue19811884 
Debt4199718
Other liabilities    1409886
Other undisclosed current liabilities12     
Total current liabilities:749654481459537478
Noncurrent Liabilities
Long-term debt and lease obligation, including:321129131139147193
Capital lease obligations56
Finance lease, liability0134
Other undisclosed long-term debt and lease obligation320385667142187
Liabilities, other than long-term debt1311041161308397
Accounts payable and accrued liabilities  484651  
Deferred tax liabilities, net147
Deferred income tax liabilities00514
Other liabilities445566656990
Operating lease, liability87917268
Other undisclosed noncurrent liabilities  432717  
Total noncurrent liabilities:452276274286230290
Total liabilities:1,201930755745768768
Equity
Equity, attributable to parent1,0269749901,0151,1321,329
Common stock444445
Additional paid in capital519507510512555634
Accumulated other comprehensive loss(16)(17)(17)(17)(11)(8)
Retained earnings520480492516584698
Total equity:1,0269749901,0151,1321,329
TOTAL LIABILITIES AND EQUITY:2,2271,9041,7441,7601,9002,097

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues2,8862,2552,0532,2682,5662,467
Revenue, net2,467
Cost of revenue
(Cost of Goods and Services Sold)
(2,631)(2,049)(1,878)(2,068)(2,346)(2,239)
Gross profit:255206175200221228
Operating expenses(157)(143)(131)(151)(153)(140)
Other undisclosed operating loss(9)(10)(19)(21)(9)(9)
Operating income:905325295979
Nonoperating income711574
Investment income, nonoperating211475
Other nonoperating income (expense)50(1)21(2)
Interest and debt expense(13)(8)(8)(7)(10)(9)
Income from continuing operations before income taxes:844517275673
Income tax expense(16)(10)(3)(4)(33)(105)
Income (loss) from continuing operations:6836142323(32)
Income (loss) before gain (loss) on sale of properties:36142323(32)
Net income (loss) available to common stockholders, diluted:6836142323(32)

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):6836142323(32)
Other comprehensive income (loss)1(1)0(6)(3)6
Comprehensive income (loss), net of tax, attributable to parent:6935141820(26)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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