GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Benchmark Electronics Inc (NYSE:BHE) » Definitions » Net Income

Benchmark Electronics (Benchmark Electronics) Net Income

: $64 Mil (TTM As of Dec. 2023)
View and export this data going back to 1990. Start your Free Trial

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Benchmark Electronics's Net Income for the three months ended in Dec. 2023 was $18 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $64 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Benchmark Electronics's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.48.


Benchmark Electronics Net Income Historical Data

The historical data trend for Benchmark Electronics's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Benchmark Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.43 14.06 35.77 68.23 64.32

Benchmark Electronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.22 12.36 13.99 20.41 17.55

Benchmark Electronics Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Benchmark Electronics's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=81.22+-16.905+0+0
=64

Benchmark Electronics's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=22.336+-4.784+0+0
=18

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $64 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Benchmark Electronics  (NYSE:BHE) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Benchmark Electronics's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Benchmark Electronics Net Income Related Terms

Thank you for viewing the detailed overview of Benchmark Electronics's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Benchmark Electronics (Benchmark Electronics) Business Description

Traded in Other Exchanges
Address
56 South Rockford Drive, Tempe, AZ, USA, 85288
Benchmark Electronics Inc is engaged in product designing, engineering services, technology solutions, and advanced manufacturing services (electronic manufacturing services (EMS) and precision technology services). It serves various industries, including aerospace & defense (A&D), medical technologies, complex industrials, semiconductor capital equipment, next-generation telecommunications, and high-end computing. Its geographical segments are the Americas, Asia and Europe of which key revenue is derived from the Americas.
Executives
David Valkanoff officer: EVP, Chief Operating Officer C/O BENCHMARK ELECTRONICS INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85288
David Moezidis officer: EVP, Chief Commercial Officer C/O BENCHMARK ELECTRONICS INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85288
Douglas Britt director 1500 WEST UNIVERSITY PARKWAY, SARASOTA FL 34243
Jeffrey Stephen Mccreary director C/O MIPS TECHNOLOGIES, INC., 955 EAST ARQUES AVENUE, SUNNYVALE CA 94085
Jeff Benck director, officer: President and CEO BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Rhonda R Turner officer: Chief Human Resources Officer 20410 NORTH 19TH AVENUE, STE 200, PHOENIX AZ 85027
Ramesh Gopalakrishnan director 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Greef-safft Anne De director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Roop Kalyan Lakkaraju officer: CFO BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Lynn A Wentworth director CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Lisa K Weeks officer: Vice President 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Douglas G Duncan director 1715 AARON BRENNER DR STE 600, MEMPHIS TN 38120
Robert K Gifford director 370 WABASHA STREET NORTH, ST. PAUL MN 55102
Robert Crawford officer: Chief Revenue Officer 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Stephen J Beaver officer: VP and General Counsel 7440 E. EDWARD LANE, SCOTTSDALE AZ 85250

Benchmark Electronics (Benchmark Electronics) Headlines

From GuruFocus

Benchmark Lark Technology Previews mmWave Filters at 2022 IMS

By PRNewswire PRNewswire 06-14-2022

Benchmark Lark Technology Previews mmWave Filters at 2022 IMS

By PRNewswire PRNewswire 07-04-2022

Benchmark Lark Technology Previews mmWave Filters at 2022 IMS

By PRNewswire PRNewswire 07-14-2022

BENCHMARK ELECTRONICS TO REPORT FIRST QUARTER 2022 RESULTS

By PRNewswire PRNewswire 04-19-2022

BENCHMARK ELECTRONICS TO REPORT FIRST QUARTER 2023 RESULTS

By PRNewswire PRNewswire 04-21-2023

BENCHMARK ELECTRONICS TO REPORT FOURTH QUARTER 2022 RESULTS

By PRNewswire PRNewswire 01-24-2023

BENCHMARK ELECTRONICS ANNOUNCES QUARTERLY CASH DIVIDEND

By PRNewswire PRNewswire 06-12-2023

BENCHMARK ELECTRONICS TO REPORT THIRD QUARTER 2022 RESULTS

By PRNewswire PRNewswire 10-12-2022