Electronic components
18 companies · $135B combined revenue · $14.1B operating profit
The typical US-listed electronic components company grew revenue 7.6% and earnings 50.2% in its latest year, at a 6.7% operating margin, and 5 of 18 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.
Growth engines: the 4 Cylinders
All four working: 8% of companiesA company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.
- Sales growth · Revenue up 10% or more39%
- Operating leverage · Operating income growing faster than a growing revenue79%
- Margin expansion · Operating margin up 1 point or more67%
- Debt reduction · Debt down 5% or more, or net cash29%
Combined revenue · 17 companies reporting in US dollars
Combined operating margin
All 18 companies
| Median | – | 7.6% | 50.2% | 6.7% | 12.1% | 0.67x |
| APHAmphenol | $23.1B | 51.7%▲ | 76.2%▲ | 25.4%▲ | 19.9%▲ | 1.09x▼ |
| VRTVertiv | $10.2B | 27.7%▲ | 169%▲ | 17.9%▲ | 23.4%▲ | 0.74x▼ |
| CLSCelestica | $12.4B | 28.5%▲ | 94.5%▲ | 8.4%▲ | 31.8%▲ | 0.34x▲ |
| FLEXFLEX | $27.9B | 8.1%▲ | 5%▼ | 4.9%▼ | 13.6%▲ | 0.73x▼ |
| JBLJABIL | $29.8B | 3.2%▼ | -52.7%▼ | 4%▼ | 24.5%▲ | 1.91x▼ |
| HUBBHubbell | $5.8B | 3.8%▼ | 13.9%▼ | 20.7%▲ | 18%▲ | 0.60x▲ |
| VICRVICOR | $408M | 13.5%▲ | 1834%▲ | 20.1%▲ | 11.4%▼ | – |
| TTMITTM Technologies | $2.9B | 19%▲ | 215%▲ | 9.1%▲ | 9.2%▼ | 0.52x▲ |
| SANMSanmina | $8.1B | 7.4%▼ | 10.5%▼ | 4.4%▼ | 11.7%▼ | 0.12x▲ |
| AEISAdvanced Energy Industries | $1.8B | 21.4%▲ | 174%▲ | 9.3%▲ | 10.8%▼ | 0.83x▼ |
| PLXSPlexus | $4.0B | 1.8%▼ | 54.6%▲ | 5%▼ | 12.5%▲ | – |
| PIImpinj | $361M | -1.4%▼ | -127%▼ | -0.2%▼ | -0.2%▼ | 1.34x▼ |
| MRCYMercury Systems | $984M | 7.9%▲ | – | 0%▼ | 0%▼ | – |
| VSHVishay Intertechnology | $3.1B | 4.5%▼ | – | 1.9%▼ | 1.6%▼ | 0.46x▲ |
| OLEDUniversal Display | $651M | 0.5%▼ | 9%▼ | 38.2%▲ | 13.4%▲ | – |
| BHEBenchmark Electronics | $2.7B | -0.4%▼ | -59.3%▼ | 2.8%▼ | 5.3%▼ | 0.19x▲ |
| LPLLG Display | KRW 25.81T | -3%▼ | – | 4.7%▼ | 7%▼ | 1.45x▼ |
| BELFABel Fuse | $675M | 26.3%▲ | 50.2% | 16.4%▲ | 13.7%▲ | 0.46x▲ |
▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).