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Benchmark Electronics vs Celestica: revenue, profit, margins and growth compared

Benchmark Electronics brought in $2.7B of revenue in fiscal 2025, Celestica $12.4B in fiscal 2025. Revenue changed by -0.4% at Benchmark Electronics and +28.5% at Celestica on the year before, so Celestica grew faster. Benchmark Electronics kept 0.9% of its revenue as net profit, Celestica 6.7%. Free cash flow was $88.4M at Benchmark Electronics and $458.3M at Celestica.

Side by side, latest fiscal year

BHECLS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.7B$12.4B
Revenue growth-0.4%+28.5%
Net income$24.9M$832.5M
Net margin0.9%6.7%
Free cash flow$88.4M$458.3M
Free cash flow margin3.2%3.7%
Earnings per share (diluted)$0.68$7.16
Cash$322.1M$595.6M
Debt$210.6M$776.5M
Price to earnings121.351.0
Market value$3B$42B
Dividend yieldn/an/a
Rank by revenue in sector#129 of 530 · Technology#50 of 530 · Technology

Over the years

Revenue
BHE FY2018: $2.6BBHE FY2019: $2.3BBHE FY2020: $2.1BBHE FY2021: $2.3BBHE FY2022: $3BBHE FY2023: $3BBHE FY2024: $2.8BBHE FY2025: $2.7BCLS FY2018: $6.6BCLS FY2019: $5.9BCLS FY2020: $5.7BCLS FY2021: $5.6BCLS FY2022: $7.3BCLS FY2023: $8BCLS FY2024: $9.6BCLS FY2025: $12.4BFY18FY19FY20FY21FY22FY23FY24FY25
BHE $2.7BCLS $12.4B
Net income
BHE FY2018: $22.8MBHE FY2019: $23.4MBHE FY2020: $14.1MBHE FY2021: $35.8MBHE FY2022: $68.2MBHE FY2023: $68.9MBHE FY2024: $61.1MBHE FY2025: $24.9MCLS FY2018: $98.9MCLS FY2019: $70.3MCLS FY2020: $60.6MCLS FY2021: $103.9MCLS FY2022: $180.1MCLS FY2023: $244.4MCLS FY2024: $428MCLS FY2025: $832.5MFY18FY19FY20FY21FY22FY23FY24FY25
BHE $24.9MCLS $832.5M
Net margin
BHE FY2018: 0.9%BHE FY2019: 1.0%BHE FY2020: 0.7%BHE FY2021: 1.5%BHE FY2022: 2.3%BHE FY2023: 2.3%BHE FY2024: 2.2%BHE FY2025: 0.9%CLS FY2018: 1.5%CLS FY2019: 1.2%CLS FY2020: 1.1%CLS FY2021: 1.8%CLS FY2022: 2.5%CLS FY2023: 3.1%CLS FY2024: 4.4%CLS FY2025: 6.7%FY18FY19FY20FY21FY22FY23FY24FY25
BHE 0.9%CLS 6.7%
Revenue growth
BHE FY2019: -10.9%BHE FY2020: -9.2%BHE FY2021: +10.1%BHE FY2022: +28.4%BHE FY2023: -1.5%BHE FY2024: -7.0%BHE FY2025: -0.4%CLS FY2019: -11.2%CLS FY2020: -2.4%CLS FY2021: -2.0%CLS FY2022: +28.7%CLS FY2023: +9.8%CLS FY2024: +21.2%CLS FY2025: +28.5%FY19FY20FY21FY22FY23FY24FY25
BHE -0.4%CLS +28.5%
Free cash flow
BHE FY2018: $13.9MBHE FY2019: $60.6MBHE FY2020: $85.9MBHE FY2021: -$41.4MBHE FY2022: -$220.8MBHE FY2023: $100.8MBHE FY2024: $157.9MBHE FY2025: $88.4MCLS FY2022: $102.1MCLS FY2023: $201.1MCLS FY2024: $303MCLS FY2025: $458.3MFY18FY19FY20FY21FY22FY23FY24FY25
BHE $88.4MCLS $458.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Benchmark Electronics and Celestica

Which is bigger by revenue, Benchmark Electronics or Celestica?

Celestica is bigger by revenue: $12.4B in fiscal 2025, against $2.7B for Benchmark Electronics in fiscal 2025.

Which keeps more of its revenue as profit, Benchmark Electronics or Celestica?

Benchmark Electronics had a net margin of 0.9% in fiscal 2025; Celestica had 6.7% in fiscal 2025.

Which grew revenue faster, Benchmark Electronics or Celestica?

In their latest fiscal years revenue changed by -0.4% at Benchmark Electronics and +28.5% at Celestica.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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