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Balchem (BCPC) Financials

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$169.02 +3.06 (+1.84%)
Closing price 04:00 PM Eastern
Extended Trading
$168.94 -0.09 (-0.05%)
As of 04:20 PM Eastern
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Annual Income Statements for Balchem

Annual Income Statements for Balchem

This table shows Balchem's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
128 109 105 96 85 80 79 90 56 60
Consolidated Net Income / (Loss)
128 109 105 96 85 80 79 90 56 60
Net Income / (Loss) Continuing Operations
128 109 105 96 85 80 79 90 56 60
Total Pre-Tax Income
166 137 134 125 106 96 99 88 83 87
Total Operating Income
183 159 145 128 111 103 107 97 91 94
Total Gross Profit
336 302 280 243 224 211 204 189 181 168
Total Revenue
954 922 942 799 704 644 644 595 553 552
Operating Revenue
954 922 942 799 704 644 644 595 553 552
Total Cost of Revenue
617 620 662 556 480 432 439 406 372 384
Operating Cost of Revenue
617 620 662 556 480 432 439 406 372 384
Total Operating Expenses
153 143 135 116 113 109 97 92 90 74
Selling, General & Admin Expense
137 128 123 102 102 97 86 83 83 68
Research & Development Expense
17 15 12 14 10 11 12 9.31 7.33 5.99
Total Other Income / (Expense), net
-16 -22 -11 -2.27 -4.73 -6.08 -8.07 -8.42 -7.90 -6.89
Interest & Investment Income
-17 -23 -10 - - - - - - 0.01
Other Income / (Expense), net
0.07 0.68 -1.17 0.19 -0.29 -0.12 -0.46 -0.88 -0.65 -0.31
Income Tax Expense
38 29 28 29 22 17 20 -1.58 27 27
Basic Earnings per Share
$3.97 $3.38 $3.29 $2.98 $2.63 $2.48 $2.45 $2.83 $1.78 $1.92
Weighted Average Basic Shares Outstanding
32.53M 32.27M 32.17M 32.19M 32.39M 32.25M 32.09M 31.84M 31.52M 31.16M
Diluted Earnings per Share
$3.93 $3.35 $3.25 $2.94 $2.60 $2.45 $2.42 $2.79 $1.75 $1.89
Weighted Average Diluted Shares Outstanding
32.53M 32.27M 32.17M 32.19M 32.39M 32.25M 32.09M 31.84M 31.52M 31.16M
Weighted Average Basic & Diluted Shares Outstanding
32.53M 32.27M 32.17M 32.19M 32.39M 32.25M 32.09M 31.84M 31.52M 31.16M
Cash Dividends to Common per Share
$0.87 $0.79 $0.71 - - - - - - -

Quarterly Income Statements for Balchem

This table shows Balchem's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
37 34 34 32 29 27 29 30 23 21 25
Consolidated Net Income / (Loss)
37 34 34 32 29 27 29 30 23 21 25
Net Income / (Loss) Continuing Operations
37 34 34 32 29 27 29 30 23 21 25
Total Pre-Tax Income
48 44 44 41 37 33 36 38 29 26 31
Total Operating Income
51 47 48 46 42 38 44 43 34 33 34
Total Gross Profit
88 86 85 83 82 75 77 77 73 69 68
Total Revenue
251 240 240 234 240 229 230 231 233 233 244
Operating Revenue
251 240 240 234 240 229 230 231 233 233 244
Total Cost of Revenue
162 154 155 151 158 154 153 154 159 164 176
Operating Cost of Revenue
162 154 155 151 158 154 153 154 159 164 176
Total Operating Expenses
37 39 37 37 40 37 33 35 39 35 35
Selling, General & Admin Expense
32 34 33 33 36 33 29 31 35 32 32
Research & Development Expense
4.66 4.51 4.33 3.85 4.10 3.94 3.87 3.80 3.45 3.04 3.00
Total Other Income / (Expense), net
-3.08 -2.96 -4.10 -4.57 -4.83 -5.07 -7.14 -4.44 -5.29 -7.69 -2.54
Interest & Investment Income
-2.92 - -4.07 -4.24 - - -6.59 -5.16 - - -
Other Income / (Expense), net
-0.15 -0.14 -0.03 -0.33 0.57 0.22 -0.55 0.73 0.28 - 1.10
Income Tax Expense
11 11 10 9.16 7.86 6.62 7.40 8.29 6.41 4.37 5.84
Basic Earnings per Share
$1.14 $1.03 $1.05 $0.99 $0.90 $0.82 $0.91 $0.94 $0.71 $0.67 $0.79
Weighted Average Basic Shares Outstanding
32.62M 32.53M 32.51M 32.44M 32.42M 32.27M 32.24M 32.24M 32.23M 32.17M 32.14M
Diluted Earnings per Share
$1.13 $1.03 $1.03 $0.98 $0.89 $0.82 $0.90 $0.93 $0.70 $0.66 $0.78
Weighted Average Diluted Shares Outstanding
32.62M 32.53M 32.51M 32.44M 32.42M 32.27M 32.24M 32.24M 32.23M 32.17M 32.14M
Weighted Average Basic & Diluted Shares Outstanding
32.62M 32.53M 32.51M 32.44M 32.42M 32.27M 32.24M 32.24M 32.23M 32.17M 32.14M

Annual Cash Flow Statements for Balchem

This table details how cash moves in and out of Balchem's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
-15 -2.11 -37 19 19 11 14 1.77 -46 35
Net Cash From Operating Activities
182 184 139 161 150 124 119 111 108 104
Net Cash From Continuing Operating Activities
182 184 139 161 150 124 119 111 108 104
Net Income / (Loss) Continuing Operations
128 109 105 96 85 80 79 90 56 60
Consolidated Net Income / (Loss)
128 109 105 96 85 80 79 90 56 60
Depreciation Expense
48 55 52 49 51 46 45 44 46 40
Non-Cash Adjustments To Reconcile Net Income
19 22 15 11 11 7.45 4.87 6.93 7.59 4.25
Changes in Operating Assets and Liabilities, net
-13 -2.10 -34 4.99 3.91 -8.52 -9.41 -31 -2.15 -0.11
Net Cash From Investing Activities
-60 -35 -416 -35 -35 -156 -32 -43 -134 -42
Net Cash From Continuing Investing Activities
-60 -35 -416 -35 -35 -156 -32 -43 -134 -42
Purchase of Property, Plant & Equipment
-36 -38 -50 -37 -34 -28 -20 -28 -23 -41
Acquisitions
-24 -1.25 -366 0.00 0.00 -141 -17 -17 -112 -1.01
Purchase of Investments
-0.27 -0.29 -0.50 -0.09 -0.85 -1.00 0.00 0.00 - -
Sale of Property, Plant & Equipment
0.36 1.88 0.21 0.32 0.09 12 0.97 0.02 0.00 0.03
Sale and/or Maturity of Investments
0.00 2.74 0.00 0.00 - - - - - 0.00
Net Cash From Financing Activities
-134 -153 247 -102 -101 43 -71 -69 -19 -26
Net Cash From Continuing Financing Activities
-134 -153 247 -102 -101 43 -71 -69 -19 -26
Repayment of Debt
-146 -149 -135 -60 -95 -94 -276 -89 -89 -35
Repurchase of Common Equity
-5.68 -4.47 -35 -35 -13 -21 -1.39 -1.91 -1.59 -1.21
Payment of Dividends
-26 -23 -21 -19 -17 -15 -13 -12 -11 -9.25
Issuance of Debt
26 18 435 5.00 10 169 211 25 73 -
Other Financing Activities, net
17 5.02 3.04 6.78 14 4.84 8.27 9.73 9.74 20
Effect of Exchange Rate Changes
-3.38 2.26 -5.88 -4.37 4.16 -0.22 -1.41 2.48 -0.72 -1.20

Quarterly Cash Flow Statements for Balchem

This table details how cash moves in and out of Balchem's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
0.39 -24 9.96 3.39 -4.10 -13 10 6.66 -6.36 10 -20
Net Cash From Operating Activities
36 52 51 45 33 67 47 35 35 42 42
Net Cash From Continuing Operating Activities
36 52 51 45 33 67 47 35 35 42 42
Net Income / (Loss) Continuing Operations
37 34 34 32 29 27 29 30 23 21 25
Consolidated Net Income / (Loss)
37 34 34 32 29 27 29 30 23 21 25
Depreciation Expense
11 11 11 13 14 14 14 13 14 14 14
Non-Cash Adjustments To Reconcile Net Income
3.68 4.76 5.04 4.63 4.10 4.04 5.50 9.36 3.48 5.67 1.55
Changes in Operating Assets and Liabilities, net
-15 3.07 1.53 -4.22 -13 23 -1.86 -18 -5.00 0.69 0.72
Net Cash From Investing Activities
-5.91 -37 -9.18 -6.86 -6.74 -12 -9.28 -3.61 -10 -14 -85
Net Cash From Continuing Investing Activities
-5.91 -37 -9.18 -6.86 -6.74 -12 -9.28 -3.61 -10 -14 -85
Purchase of Property, Plant & Equipment
-5.56 -13 -9.15 -6.88 -6.91 -12 -8.30 -8.22 -9.66 -14 -15
Acquisitions
-0.32 -24 - - 0.00 - -0.91 - -0.34 - -70
Purchase of Investments
-0.03 -0.16 -0.03 -0.04 -0.04 -0.15 -0.07 -0.02 -0.06 -0.35 -
Sale of Property, Plant & Equipment
0.00 - - - - - - - - - -
Net Cash From Financing Activities
-32 -35 -34 -34 -30 -70 -25 -25 -33 -21 28
Net Cash From Continuing Financing Activities
-32 -35 -34 -34 -30 -70 -25 -25 -33 -21 28
Repayment of Debt
-29 -37 -40 -35 -34 -71 -30 -26 -22 -22 -42
Repurchase of Common Equity
-5.33 -0.31 -0.16 -0.01 -5.20 -0.44 -0.10 -0.08 -3.85 -0.18 -0.05
Payment of Dividends
-28 -0.00 -0.00 -0.01 -26 - -0.00 -0.00 -23 -0.01 -0.00
Issuance of Debt
29 - - - 26 - 5.00 - 13 - 70
Other Financing Activities, net
1.62 2.10 5.34 0.84 8.73 1.30 0.01 1.32 2.40 0.99 0.80
Effect of Exchange Rate Changes
1.81 -4.32 2.23 -0.56 -0.72 2.10 -2.06 0.04 2.18 4.31 -4.59

Annual Balance Sheets for Balchem

This table presents Balchem's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
1,575 1,597 1,625 1,199 1,166 1,156 981 964 949 880
Total Current Assets
314 314 336 322 267 255 226 199 188 198
Cash & Equivalents
50 64 67 103 85 66 54 40 39 85
Accounts Receivable
120 125 132 117 98 93 100 91 83 60
Inventories, net
131 110 120 91 71 84 67 61 57 46
Prepaid Expenses
8.05 7.80 4.90 6.12 6.60 4.39 3.83 4.77 4.11 3.21
Other Current Assets
5.74 7.19 13 4.41 3.44 2.45 1.48 2.22 4.48 2.91
Plant, Property, & Equipment, net
282 276 271 238 228 217 191 190 166 159
Total Noncurrent Assets
979 1,007 1,017 640 671 684 564 575 594 523
Noncurrent Note & Lease Receivables
1.73 2.10 2.34 2.36 2.57 - - - - -
Goodwill
780 779 770 524 529 524 448 441 440 384
Intangible Assets
165 191 213 95 122 144 109 128 147 135
Other Noncurrent Operating Assets
33 35 32 19 17 16 6.72 5.07 7.14 4.06
Total Liabilities & Shareholders' Equity
1,575 1,597 1,625 1,199 1,166 1,156 981 964 949 880
Total Liabilities
425 543 686 322 338 412 290 347 428 416
Total Current Liabilities
158 148 140 144 94 92 82 108 101 81
Accounts Payable
55 56 57 56 24 37 33 28 33 15
Accrued Expenses
44 41 37 43 30 25 22 23 15 13
Dividends Payable
29 26 23 21 19 17 15 13 12 11
Current Deferred & Payable Income Tax Liabilities
4.47 4.97 2.28 1.33 0.00 - 0.44 - - 2.73
Current Employee Benefit Liabilities
23 17 17 20 20 11 11 8.53 6.65 5.13
Other Current Liabilities
3.33 4.22 4.02 2.36 2.34 2.48 - - - -
Total Noncurrent Liabilities
268 395 546 179 243 320 208 238 327 335
Long-Term Debt
209 326 467 109 174 256 163 190 252 268
Capital Lease Obligations
1.75 1.94 2.21 2.30 2.47 - 0.00 - - -
Noncurrent Deferred & Payable Income Tax Liabilities
44 52 63 46 51 56 44 49 74 67
Other Noncurrent Operating Liabilities
13 15 14 21 15 6.93 0.00 - - -
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,150 1,054 938 877 828 744 692 617 521 464
Total Preferred & Common Equity
1,150 1,054 938 877 828 744 692 617 521 464
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,150 1,054 938 877 828 744 692 617 521 464
Common Stock
176 148 131 150 167 176 167 154 140 125
Retained Earnings
997 897 814 732 657 591 528 465 388 344
Accumulated Other Comprehensive Income / (Loss)
-24 8.69 -7.15 -4.99 4.17 -5.56 -3.60 -1.64 -6.85 -5.11

Quarterly Balance Sheets for Balchem

This table presents Balchem's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
1,618 1,597 1,575 1,589 1,603 1,619 1,629 1,633
Total Current Assets
340 326 320 325 341 337 336 368
Cash & Equivalents
50 74 64 60 77 67 60 56
Accounts Receivable
130 121 123 140 129 125 131 141
Inventories, net
145 119 117 110 116 125 125 139
Prepaid Expenses
8.13 7.83 9.96 7.12 7.24 8.83 7.43 6.94
Other Current Assets
6.83 5.42 5.96 7.13 6.59 7.24 12 20
Plant, Property, & Equipment, net
284 277 273 274 269 271 276 260
Total Noncurrent Assets
994 994 982 990 993 1,011 1,017 1,005
Noncurrent Note & Lease Receivables
1.68 1.78 1.98 2.04 2.16 2.22 2.28 2.20
Goodwill
793 781 770 772 767 774 774 749
Intangible Assets
166 178 176 182 192 203 209 227
Other Noncurrent Operating Assets
33 33 34 34 33 32 31 26
Total Liabilities & Shareholders' Equity
1,618 1,597 1,575 1,589 1,603 1,619 1,629 1,633
Total Liabilities
409 420 463 510 578 612 655 737
Total Current Liabilities
140 109 113 124 108 114 117 142
Accounts Payable
66 46 55 60 50 56 53 73
Accrued Expenses
44 40 37 38 43 41 43 50
Dividends Payable
0.13 0.05 0.05 0.07 0.18 0.19 0.19 0.13
Current Deferred & Payable Income Tax Liabilities
14 1.96 3.44 12 0.00 0.00 7.88 0.00
Current Employee Benefit Liabilities
12 18 15 11 12 13 9.22 15
Other Current Liabilities
3.92 3.40 3.84 4.05 3.86 4.09 3.06 3.90
Total Noncurrent Liabilities
269 310 349 385 470 498 539 595
Long-Term Debt
210 245 284 319 396 421 461 477
Capital Lease Obligations
1.70 1.80 1.85 1.90 2.00 2.10 2.16 2.17
Noncurrent Deferred & Payable Income Tax Liabilities
45 50 50 51 59 62 63 77
Other Noncurrent Operating Liabilities
12 13 14 14 13 13 13 39
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,209 1,177 1,112 1,079 1,025 1,007 973 896
Total Preferred & Common Equity
1,209 1,177 1,112 1,079 1,025 1,007 973 896
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,209 1,177 1,112 1,079 1,025 1,007 973 896
Common Stock
176 170 161 156 143 139 134 127
Retained Earnings
1,035 992 959 926 896 867 837 816
Accumulated Other Comprehensive Income / (Loss)
-2.26 15 -7.13 -3.87 -14 0.19 1.86 -47

Annual Metrics And Ratios for Balchem

This table displays calculated financial ratios and metrics derived from Balchem's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
3.39% -2.11% 17.94% 13.56% 9.31% 0.00% 8.22% 7.52% 0.13% 2.05%
EBITDA Growth
7.52% 9.67% 10.93% 8.90% 9.33% -1.99% 7.77% 2.94% 2.08% 18.60%
EBIT Growth
14.45% 11.01% 12.79% 15.18% 8.22% -3.94% 11.06% 6.46% -3.69% 14.02%
NOPAT Growth
12.15% 10.06% 16.90% 10.70% 4.37% -0.34% -13.85% 60.89% -4.88% 14.44%
Net Income Growth
18.36% 3.01% 9.64% 13.57% 6.22% 1.40% -12.77% 60.92% -6.28% 13.05%
EPS Growth
17.31% 3.08% 10.54% 13.08% 6.12% 1.24% -13.26% 59.43% -7.41% 11.83%
Operating Cash Flow Growth
-0.96% 32.64% -13.69% 6.66% 20.92% 4.86% 7.30% 2.79% 3.65% 21.65%
Free Cash Flow Firm Growth
-1.68% 142.66% -362.06% 30.86% 298.49% -160.41% 27.46% 332.51% -145.99% 112.33%
Invested Capital Growth
-0.25% -1.55% 50.68% -3.58% -1.27% 16.58% 0.15% 4.21% 12.94% 0.43%
Revenue Q/Q Growth
1.20% -0.41% 2.10% 4.23% 2.06% 0.47% 0.67% 3.21% 1.47% -5.14%
EBITDA Q/Q Growth
2.48% 2.81% -0.03% 2.41% 3.75% -1.45% 0.38% 0.88% 3.08% -3.62%
EBIT Q/Q Growth
5.02% 3.70% -1.16% 3.94% 5.02% -3.18% 0.55% 1.95% 2.74% -4.91%
NOPAT Q/Q Growth
3.75% 2.58% 1.72% 2.74% 1.52% -0.42% -21.51% 40.45% 0.46% -5.19%
Net Income Q/Q Growth
5.71% 5.07% -3.25% 2.99% 2.15% 0.06% -21.59% 40.69% 0.48% -5.33%
EPS Q/Q Growth
5.65% 5.02% -2.69% 2.44% 2.36% 0.00% -21.94% 40.20% 0.00% -5.03%
Operating Cash Flow Q/Q Growth
-7.66% 16.30% -2.01% -2.11% 11.06% -5.00% 7.57% 3.14% 2.69% -9.68%
Free Cash Flow Firm Q/Q Growth
9.34% 53.96% -20.73% 11.53% 115.14% -635.29% 15.64% -2.38% 29.25% -21.32%
Invested Capital Q/Q Growth
-0.76% -0.23% 3.43% -1.72% -0.51% 5.27% -1.46% 2.84% -0.95% 0.57%
Profitability Metrics
- - - - - - - - - -
Gross Margin
35.25% 32.75% 29.76% 30.43% 31.82% 32.84% 31.73% 31.78% 32.69% 30.43%
EBITDA Margin
24.22% 23.29% 20.78% 22.10% 23.04% 23.04% 23.51% 23.60% 24.65% 24.18%
Operating Margin
19.18% 17.26% 15.41% 15.96% 15.80% 15.93% 16.64% 16.29% 16.42% 17.01%
EBIT Margin
19.19% 17.33% 15.28% 15.98% 15.75% 15.91% 16.57% 16.14% 16.30% 16.95%
Profit (Net Income) Margin
13.47% 11.77% 11.18% 12.03% 12.03% 12.38% 12.21% 15.14% 10.12% 10.81%
Tax Burden Percent
77.18% 79.08% 78.78% 76.74% 79.52% 82.58% 79.34% 101.79% 67.49% 68.60%
Interest Burden Percent
90.97% 85.86% 92.87% 98.08% 96.00% 94.18% 92.86% 92.16% 91.95% 92.97%
Effective Tax Rate
22.82% 20.92% 21.22% 23.26% 20.48% 17.42% 20.66% -1.79% 32.51% 31.40%
Return on Invested Capital (ROIC)
10.52% 9.30% 10.08% 10.61% 9.35% 9.58% 10.42% 12.36% 8.32% 9.33%
ROIC Less NNEP Spread (ROIC-NNEP)
5.22% 4.45% 6.11% 8.11% 6.99% 6.56% 6.45% 8.62% 6.14% 7.53%
Return on Net Nonoperating Assets (RNNOA)
1.14% 1.60% 1.53% 0.66% 1.42% 1.52% 1.59% 3.48% 3.05% 4.63%
Return on Equity (ROE)
11.66% 10.90% 11.61% 11.27% 10.77% 11.10% 12.01% 15.83% 11.37% 13.96%
Cash Return on Invested Capital (CROIC)
10.77% 10.86% -30.36% 14.25% 10.63% -5.73% 10.28% 8.23% -3.84% 8.90%
Operating Return on Assets (OROA)
11.54% 9.92% 10.20% 10.80% 9.55% 9.59% 10.97% 10.04% 9.87% 10.76%
Return on Assets (ROA)
8.10% 6.74% 7.46% 8.13% 7.29% 7.46% 8.08% 9.42% 6.12% 6.86%
Return on Common Equity (ROCE)
11.66% 10.90% 11.61% 11.27% 10.77% 11.10% 12.01% 15.83% 11.37% 13.96%
Return on Equity Simple (ROE_SIMPLE)
11.17% 10.30% 11.23% 10.96% 10.22% 10.71% 11.36% 14.60% 10.74% 12.88%
Net Operating Profit after Tax (NOPAT)
141 126 114 98 88 85 85 99 61 64
NOPAT Margin
14.80% 13.65% 12.14% 12.25% 12.56% 13.16% 13.20% 16.58% 11.08% 11.67%
Net Nonoperating Expense Percent (NNEP)
5.30% 4.85% 3.96% 2.50% 2.36% 3.02% 3.97% 3.73% 2.18% 1.80%
Return On Investment Capital (ROIC_SIMPLE)
10.37% 9.11% 8.12% - - - - - - -
Cost of Revenue to Revenue
64.75% 67.25% 70.24% 69.57% 68.18% 67.16% 68.27% 68.22% 67.31% 69.57%
SG&A Expenses to Revenue
14.31% 13.86% 13.06% 12.78% 14.56% 15.14% 13.29% 13.92% 14.95% 12.34%
R&D to Revenue
1.76% 1.63% 1.29% 1.69% 1.47% 1.77% 1.80% 1.56% 1.32% 1.08%
Operating Expenses to Revenue
16.07% 15.49% 14.35% 14.48% 16.02% 16.90% 15.09% 15.49% 16.27% 13.42%
Earnings before Interest and Taxes (EBIT)
183 160 144 128 111 102 107 96 90 94
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
231 215 196 177 162 148 151 140 136 134
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
4.61 4.53 4.14 6.16 4.43 4.31 3.56 4.05 4.92 3.97
Price to Tangible Book Value (P/TBV)
25.87 56.89 0.00 20.89 20.73 42.30 18.35 52.68 0.00 0.00
Price to Revenue (P/Rev)
5.56 5.17 4.12 6.76 5.22 4.98 3.83 4.20 4.64 3.33
Price to Earnings (P/E)
41.24 43.95 36.85 56.17 43.39 40.21 31.35 27.75 45.84 30.79
Dividend Yield
0.53% 0.53% 0.59% 0.38% 0.51% 0.52% 0.62% 0.54% 0.47% 0.58%
Earnings Yield
2.42% 2.28% 2.71% 1.78% 2.30% 2.49% 3.19% 3.60% 2.18% 3.25%
Enterprise Value to Invested Capital (EV/IC)
4.07 3.75 3.14 5.97 4.01 3.57 3.15 3.29 3.60 2.97
Enterprise Value to Revenue (EV/Rev)
5.73 5.46 4.55 6.77 5.35 5.27 4.00 4.51 5.09 3.72
Enterprise Value to EBITDA (EV/EBITDA)
23.64 23.44 21.88 30.62 23.21 22.89 17.00 19.12 20.64 15.39
Enterprise Value to EBIT (EV/EBIT)
29.84 31.49 29.76 42.34 33.95 33.14 24.12 27.95 31.21 21.96
Enterprise Value to NOPAT (EV/NOPAT)
38.68 39.99 37.47 55.25 42.58 40.08 30.27 27.21 45.91 31.91
Enterprise Value to Operating Cash Flow (EV/OCF)
30.00 27.40 30.94 33.68 25.01 27.27 21.67 24.26 26.16 19.81
Enterprise Value to Free Cash Flow (EV/FCFF)
37.78 34.25 0.00 41.12 37.46 0.00 30.70 40.82 0.00 33.45
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.18 0.31 0.50 0.13 0.21 0.34 0.24 0.36 0.55 0.65
Long-Term Debt to Equity
0.18 0.31 0.50 0.13 0.21 0.34 0.24 0.31 0.48 0.58
Financial Leverage
0.22 0.36 0.25 0.08 0.20 0.23 0.25 0.40 0.50 0.61
Leverage Ratio
1.44 1.62 1.56 1.39 1.48 1.49 1.49 1.68 1.86 2.04
Compound Leverage Factor
1.31 1.39 1.44 1.36 1.42 1.40 1.38 1.55 1.71 1.89
Debt to Total Capital
15.51% 23.74% 33.35% 11.22% 17.57% 25.64% 19.11% 26.71% 35.55% 39.49%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.16% 4.33% 4.57%
Long-Term Debt to Total Capital
15.51% 23.74% 33.35% 11.22% 17.57% 25.64% 19.11% 22.55% 31.22% 34.92%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
84.49% 76.26% 66.65% 88.78% 82.43% 74.36% 80.89% 73.29% 64.45% 60.51%
Debt to EBITDA
0.91 1.53 2.40 0.63 1.09 1.73 1.08 1.60 2.11 2.27
Net Debt to EBITDA
0.70 1.23 2.06 0.04 0.57 1.29 0.72 1.31 1.82 1.63
Long-Term Debt to EBITDA
0.91 1.53 2.40 0.63 1.09 1.73 1.08 1.35 1.85 2.00
Debt to NOPAT
1.50 2.61 4.11 1.13 2.00 3.03 1.92 2.28 4.69 4.70
Net Debt to NOPAT
1.14 2.09 3.52 0.08 1.04 2.25 1.28 1.87 4.06 3.38
Long-Term Debt to NOPAT
1.50 2.61 4.11 1.13 2.00 3.03 1.92 1.92 4.12 4.15
Altman Z-Score
9.47 7.09 5.11 12.10 8.41 6.40 7.05 6.06 5.18 4.34
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.99 2.12 2.40 2.24 2.83 2.76 2.76 1.84 1.87 2.44
Quick Ratio
1.07 1.28 1.41 1.53 1.94 1.72 1.87 1.21 1.21 1.79
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
145 147 -345 131 100 -51 84 66 -28 61
Operating Cash Flow to CapEx
515.55% 510.29% 278.53% 433.29% 446.03% 736.89% 632.81% 393.73% 467.27% 251.60%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 53.53 22.63 -8.49 11.01 8.73 -3.90 9.32
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 65.36 33.90 20.89 15.60 14.69 14.83 15.75
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 50.27 26.30 18.05 13.13 10.96 11.66 9.49
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.60 0.57 0.67 0.68 0.61 0.60 0.66 0.62 0.61 0.63
Accounts Receivable Turnover
7.79 7.18 7.57 7.41 7.34 6.67 6.75 6.82 7.70 8.34
Inventory Turnover
5.14 5.41 6.28 6.88 6.21 5.72 6.87 6.88 7.21 8.03
Fixed Asset Turnover
3.42 3.37 3.70 3.43 3.16 3.16 3.38 3.35 3.41 3.81
Accounts Payable Turnover
11.20 11.00 11.66 13.90 15.73 12.25 14.22 13.31 15.77 19.68
Days Sales Outstanding (DSO)
46.87 50.82 48.22 49.25 49.71 54.72 54.09 53.54 47.42 43.76
Days Inventory Outstanding (DIO)
71.03 67.42 58.10 53.08 58.78 63.77 53.11 53.04 50.65 45.44
Days Payable Outstanding (DPO)
32.58 33.19 31.31 26.26 23.21 29.81 25.66 27.42 23.15 18.54
Cash Conversion Cycle (CCC)
85.32 85.05 75.01 76.07 85.28 88.68 81.54 79.16 74.92 70.65
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
1,340 1,343 1,364 906 939 951 816 815 782 692
Invested Capital Turnover
0.71 0.68 0.83 0.87 0.74 0.73 0.79 0.75 0.75 0.80
Increase / (Decrease) in Invested Capital
-3.35 -21 459 -34 -12 135 1.18 33 90 2.97
Enterprise Value (EV)
5,460 5,035 4,286 5,406 3,763 3,394 2,572 2,684 2,815 2,057
Market Capitalization
5,299 4,771 3,883 5,399 3,671 3,204 2,463 2,499 2,566 1,839
Book Value per Share
$35.37 $32.69 $29.20 $27.08 $25.60 $23.12 $21.45 $19.28 $16.43 $14.71
Tangible Book Value per Share
$6.30 $2.60 ($1.39) $7.98 $5.47 $2.35 $4.16 $1.48 ($2.09) ($1.75)
Total Capital
1,361 1,382 1,408 988 1,005 1,000 855 842 808 766
Total Debt
211 328 470 111 177 256 163 225 287 303
Total Long-Term Debt
211 328 470 111 177 256 163 190 252 268
Net Debt
162 264 403 7.63 92 191 109 184 249 218
Capital Expenditures (CapEx)
35 36 50 37 34 17 19 28 23 41
Debt-free, Cash-free Net Working Capital (DFCFNWC)
107 101 129 75 88 97 90 86 84 67
Debt-free Net Working Capital (DFNWC)
156 166 196 178 172 163 144 126 122 152
Net Working Capital (NWC)
156 166 196 178 172 163 144 91 87 117
Net Nonoperating Expense (NNE)
13 17 9.01 1.74 3.76 5.02 6.40 8.57 5.33 4.73
Net Nonoperating Obligations (NNO)
190 289 426 29 111 208 124 198 261 229
Total Depreciation and Amortization (D&A)
48 55 52 49 51 46 45 44 46 40
Debt-free, Cash-free Net Working Capital to Revenue
11.17% 10.98% 13.71% 9.41% 12.49% 15.07% 13.98% 14.38% 15.15% 12.20%
Debt-free Net Working Capital to Revenue
16.37% 17.97% 20.77% 22.33% 24.51% 25.27% 22.41% 21.17% 22.13% 27.54%
Net Working Capital to Revenue
16.37% 17.97% 20.77% 22.33% 24.51% 25.27% 22.41% 15.29% 15.81% 21.21%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$3.97 $3.38 $3.29 $2.98 $2.63 $2.48 $2.45 $2.83 $1.78 $1.92
Adjusted Weighted Average Basic Shares Outstanding
32.53M 32.27M 32.17M 32.19M 32.39M 32.25M 32.27M 32.04M 31.77M 31.54M
Adjusted Diluted Earnings per Share
$3.93 $3.35 $3.25 $2.94 $2.60 $2.45 $2.42 $2.79 $1.75 $1.89
Adjusted Weighted Average Diluted Shares Outstanding
32.53M 32.27M 32.17M 32.19M 32.39M 32.25M 32.27M 32.04M 31.77M 31.54M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
32.53M 32.27M 32.17M 32.19M 32.39M 32.25M 32.27M 32.04M 31.77M 31.54M
Normalized Net Operating Profit after Tax (NOPAT)
141 126 114 98 88 85 85 68 61 64
Normalized NOPAT Margin
14.80% 13.65% 12.14% 12.25% 12.56% 13.16% 13.20% 11.40% 11.08% 11.67%
Pre Tax Income Margin
17.45% 14.88% 14.19% 15.67% 15.12% 14.99% 15.39% 14.88% 14.99% 15.76%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 51.99 24.97 17.19 14.01 12.75 12.43 14.20
NOPAT to Interest Expense
0.00 0.00 0.00 39.84 19.91 14.21 11.16 13.10 8.45 9.78
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 36.91 17.37 14.36 11.55 9.02 9.26 7.94
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 24.76 12.31 11.38 8.70 9.37 5.28 3.52
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
19.91% 21.07% 19.66% 19.48% 19.74% 19.00% 17.09% 13.40% 19.15% 15.49%
Augmented Payout Ratio
24.33% 25.19% 53.28% 56.15% 35.65% 45.76% 18.87% 15.51% 21.99% 17.51%

Quarterly Metrics And Ratios for Balchem

This table displays calculated financial ratios and metrics derived from Balchem's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
4.53% 4.94% 4.35% 1.22% 3.06% -1.65% -5.86% -2.30% 1.60% 9.10% 23.45%
EBITDA Growth
10.66% 10.61% 3.51% 1.72% 15.70% 11.48% 16.49% 9.28% -3.85% 2.66% 8.98%
EBIT Growth
20.39% 22.68% 11.37% 4.37% 21.81% 15.77% 24.02% 8.32% -9.53% -1.21% 6.39%
NOPAT Growth
20.28% 16.64% 6.42% 6.06% 22.16% 11.02% 27.29% 10.91% -8.95% 8.65% 7.75%
Net Income Growth
27.83% 26.02% 16.38% 6.51% 27.64% 24.49% 15.15% 1.10% -21.50% -14.20% 0.94%
EPS Growth
26.97% 25.61% 14.44% 5.38% 27.14% 24.24% 15.38% 1.09% -21.35% -12.00% 1.30%
Operating Cash Flow Growth
9.19% -22.39% 10.27% 28.58% -4.16% 61.82% 11.79% -27.46% 396.20% -6.37% 5.01%
Free Cash Flow Firm Growth
-88.74% -24.40% 340.29% 221.14% 117.72% 112.01% 102.03% 83.35% -18,473.56% -829.90% -872.12%
Invested Capital Growth
2.36% -0.25% 0.29% -2.12% -2.70% -1.55% 2.07% 6.80% 44.20% 50.68% 43.18%
Revenue Q/Q Growth
4.38% 0.03% 2.50% -2.33% 4.79% -0.54% -0.56% -0.55% 0.00% -4.80% 3.20%
EBITDA Q/Q Growth
6.32% -1.13% 1.54% 3.68% 6.27% -7.49% -0.21% 17.92% 2.40% -3.34% -6.38%
EBIT Q/Q Growth
7.53% -1.38% 5.49% 7.62% 9.57% -10.47% -1.13% 25.60% 4.14% -4.09% -13.65%
NOPAT Q/Q Growth
10.08% -3.19% 3.85% 8.67% 6.76% -11.67% 3.51% 25.17% -2.98% 1.27% -9.81%
Net Income Q/Q Growth
10.33% -0.75% 5.51% 10.64% 8.77% -8.35% -3.44% 32.58% 6.09% -15.22% -15.22%
EPS Q/Q Growth
9.71% 0.00% 5.10% 10.11% 8.54% -8.89% -3.23% 32.86% 6.06% -15.38% -15.22%
Operating Cash Flow Q/Q Growth
-30.32% 1.98% 14.02% 34.76% -50.47% 44.88% 32.97% 0.44% -16.37% 0.08% -13.72%
Free Cash Flow Firm Q/Q Growth
-79.88% 18.32% -48.70% -7.81% 35.08% 589.14% 114.12% 86.51% 8.41% -16.39% -15.83%
Invested Capital Q/Q Growth
2.28% -0.76% 1.20% -0.35% -0.32% -0.23% -1.23% -0.94% 0.86% 3.43% 3.35%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
35.19% 35.97% 35.58% 35.46% 34.01% 32.79% 33.29% 33.45% 31.47% 29.52% 28.01%
EBITDA Margin
24.70% 24.25% 24.53% 24.77% 23.33% 23.01% 24.73% 24.64% 20.78% 20.30% 19.99%
Operating Margin
20.36% 19.77% 20.00% 19.56% 17.39% 16.76% 18.97% 18.52% 14.80% 14.32% 13.77%
EBIT Margin
20.30% 19.71% 19.99% 19.42% 17.63% 16.86% 18.73% 18.84% 14.92% 14.32% 14.22%
Profit (Net Income) Margin
14.79% 13.99% 14.10% 13.70% 12.09% 11.65% 12.64% 13.02% 9.77% 9.21% 10.34%
Tax Burden Percent
77.29% 75.49% 77.09% 77.79% 78.66% 80.10% 79.71% 78.41% 77.99% 83.05% 81.23%
Interest Burden Percent
94.25% 94.04% 91.51% 90.67% 87.22% 86.28% 84.69% 88.15% 83.96% 77.39% 89.51%
Effective Tax Rate
22.71% 24.51% 22.91% 22.21% 21.34% 19.90% 20.29% 21.59% 22.01% 16.95% 18.77%
Return on Invested Capital (ROIC)
11.21% 10.61% 10.78% 10.52% 9.37% 9.15% 10.51% 10.35% 9.37% 9.88% 9.21%
ROIC Less NNEP Spread (ROIC-NNEP)
10.08% 9.68% 9.50% 9.29% 8.22% 8.01% 8.98% 9.40% 7.66% 7.13% 8.31%
Return on Net Nonoperating Assets (RNNOA)
1.86% 2.10% 2.13% 2.54% 2.66% 2.88% 3.48% 3.60% 2.01% 1.78% 2.12%
Return on Equity (ROE)
13.07% 12.71% 12.91% 13.06% 12.02% 12.03% 13.99% 13.95% 11.37% 11.66% 11.33%
Cash Return on Invested Capital (CROIC)
8.58% 10.77% 9.80% 12.07% 12.45% 10.86% 7.16% 2.16% -26.60% -30.36% -25.47%
Operating Return on Assets (OROA)
12.22% 11.85% 11.77% 11.34% 10.19% 9.65% 10.72% 10.99% 9.99% 9.56% 9.33%
Return on Assets (ROA)
8.90% 8.41% 8.30% 8.00% 6.99% 6.67% 7.24% 7.59% 6.54% 6.14% 6.78%
Return on Common Equity (ROCE)
13.07% 12.71% 12.91% 13.06% 12.02% 12.03% 13.99% 13.95% 11.37% 11.66% 11.33%
Return on Equity Simple (ROE_SIMPLE)
11.30% 0.00% 10.32% 10.50% 10.64% 0.00% 10.08% 9.88% 10.19% 0.00% 12.16%
Net Operating Profit after Tax (NOPAT)
39 36 37 36 33 31 35 34 27 28 27
NOPAT Margin
15.74% 14.92% 15.42% 15.22% 13.68% 13.43% 15.12% 14.52% 11.54% 11.89% 11.18%
Net Nonoperating Expense Percent (NNEP)
1.13% 0.93% 1.28% 1.23% 1.15% 1.13% 1.53% 0.95% 1.71% 2.75% 0.91%
Return On Investment Capital (ROIC_SIMPLE)
2.78% 2.63% - - - 2.22% - - - 1.96% -
Cost of Revenue to Revenue
64.81% 64.03% 64.42% 64.54% 65.99% 67.21% 66.71% 66.55% 68.53% 70.48% 71.99%
SG&A Expenses to Revenue
12.97% 14.33% 13.77% 14.24% 14.91% 14.31% 12.64% 13.28% 15.19% 13.89% 13.02%
R&D to Revenue
1.86% 1.88% 1.80% 1.65% 1.71% 1.72% 1.68% 1.64% 1.48% 1.31% 1.23%
Operating Expenses to Revenue
14.83% 16.21% 15.57% 15.89% 16.62% 16.03% 14.32% 14.92% 16.67% 15.20% 14.25%
Earnings before Interest and Taxes (EBIT)
51 47 48 45 42 39 43 44 35 33 35
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
62 58 59 58 56 53 57 57 48 47 49
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
4.47 4.61 4.85 4.49 4.63 4.53 3.88 4.29 4.16 4.14 4.31
Price to Tangible Book Value (P/TBV)
21.63 25.87 26.12 30.03 39.90 56.89 59.76 144.01 0.00 0.00 0.00
Price to Revenue (P/Rev)
5.60 5.56 6.06 5.35 5.37 5.17 4.29 4.59 4.28 4.12 4.18
Price to Earnings (P/E)
39.55 41.24 46.98 42.74 43.51 43.95 38.50 43.44 40.82 36.85 35.46
Dividend Yield
0.52% 0.53% 0.45% 0.51% 0.51% 0.53% 0.58% 0.53% 0.56% 0.59% 0.53%
Earnings Yield
2.53% 2.42% 2.13% 2.34% 2.30% 2.28% 2.60% 2.30% 2.45% 2.71% 2.82%
Enterprise Value to Invested Capital (EV/IC)
4.06 4.07 4.36 3.91 3.93 3.75 3.19 3.43 3.23 3.14 3.25
Enterprise Value to Revenue (EV/Rev)
5.77 5.73 6.24 5.59 5.65 5.46 4.64 4.97 4.70 4.55 4.64
Enterprise Value to EBITDA (EV/EBITDA)
23.48 23.64 26.10 23.34 23.63 23.44 20.57 23.48 22.84 21.88 21.87
Enterprise Value to EBIT (EV/EBIT)
29.03 29.84 33.77 30.79 31.39 31.49 27.88 32.44 31.50 29.76 29.41
Enterprise Value to NOPAT (EV/NOPAT)
37.62 38.68 43.23 38.95 39.87 39.99 35.03 40.57 39.79 37.47 38.10
Enterprise Value to Operating Cash Flow (EV/OCF)
30.05 30.00 29.85 27.11 28.83 27.40 27.20 30.55 26.75 30.94 30.31
Enterprise Value to Free Cash Flow (EV/FCFF)
47.82 37.78 44.51 32.03 31.10 34.25 45.02 164.40 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.18 0.18 0.21 0.26 0.30 0.31 0.39 0.42 0.48 0.50 0.54
Long-Term Debt to Equity
0.18 0.18 0.21 0.26 0.30 0.31 0.39 0.42 0.48 0.50 0.54
Financial Leverage
0.18 0.22 0.22 0.27 0.32 0.36 0.39 0.38 0.26 0.25 0.26
Leverage Ratio
1.40 1.44 1.45 1.51 1.57 1.62 1.68 1.69 1.53 1.56 1.58
Compound Leverage Factor
1.32 1.35 1.33 1.37 1.37 1.40 1.43 1.49 1.28 1.20 1.41
Debt to Total Capital
14.90% 15.51% 17.33% 20.43% 22.90% 23.74% 27.96% 29.58% 32.22% 33.35% 34.87%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
14.90% 15.51% 17.33% 20.43% 22.90% 23.74% 27.96% 29.58% 32.22% 33.35% 34.87%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
85.10% 84.49% 82.67% 79.57% 77.10% 76.26% 72.04% 70.42% 67.78% 66.65% 65.13%
Debt to EBITDA
0.89 0.91 1.09 1.28 1.44 1.53 1.90 2.12 2.38 2.40 2.45
Net Debt to EBITDA
0.68 0.70 0.77 0.99 1.17 1.23 1.54 1.79 2.07 2.06 2.16
Long-Term Debt to EBITDA
0.89 0.91 1.09 1.28 1.44 1.53 1.90 2.12 2.38 2.40 2.45
Debt to NOPAT
1.43 1.50 1.81 2.13 2.43 2.61 3.24 3.67 4.14 4.11 4.27
Net Debt to NOPAT
1.09 1.14 1.27 1.66 1.97 2.09 2.62 3.09 3.60 3.52 3.76
Long-Term Debt to NOPAT
1.43 1.50 1.81 2.13 2.43 2.61 3.24 3.67 4.14 4.11 4.27
Altman Z-Score
9.67 9.18 9.88 8.17 7.52 6.84 5.75 5.82 5.24 4.89 4.64
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.44 1.99 2.98 2.83 2.61 2.12 3.16 2.94 2.88 2.40 2.59
Quick Ratio
1.29 1.07 1.77 1.65 1.61 1.28 1.91 1.68 1.64 1.41 1.39
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
7.88 39 33 65 70 52 7.52 -53 -395 -431 -371
Operating Cash Flow to CapEx
655.82% 411.14% 560.80% 654.14% 483.18% 575.38% 560.76% 425.89% 360.49% 294.34% 277.58%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 12.97 0.00 0.00 0.00 -70.98 0.00 -101.73
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 6.19 0.00 0.00 0.00 6.26 0.00 11.43
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 4.91 0.00 0.00 0.00 4.52 0.00 7.31
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.60 0.60 0.59 0.58 0.58 0.57 0.57 0.58 0.67 0.67 0.66
Accounts Receivable Turnover
7.14 7.79 7.55 7.50 6.85 7.18 6.87 7.13 7.05 7.57 7.34
Inventory Turnover
4.87 5.14 5.26 5.09 5.27 5.41 4.93 4.91 5.69 6.28 5.85
Fixed Asset Turnover
3.46 3.42 3.45 3.43 3.38 3.37 3.50 3.59 3.66 3.70 3.77
Accounts Payable Turnover
9.89 11.20 12.84 11.12 10.94 11.00 10.27 10.65 13.25 11.66 11.65
Days Sales Outstanding (DSO)
51.15 46.87 48.33 48.64 53.25 50.82 53.16 51.16 51.77 48.22 49.73
Days Inventory Outstanding (DIO)
74.95 71.03 69.41 71.67 69.31 67.42 74.04 74.28 64.10 58.10 62.44
Days Payable Outstanding (DPO)
36.92 32.58 28.42 32.82 33.37 33.19 35.55 34.29 27.55 31.31 31.32
Cash Conversion Cycle (CCC)
89.17 85.32 89.32 87.50 89.19 85.05 91.65 91.16 88.31 75.01 80.85
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,371 1,340 1,350 1,334 1,339 1,343 1,346 1,363 1,376 1,364 1,319
Invested Capital Turnover
0.71 0.71 0.70 0.69 0.68 0.68 0.70 0.71 0.81 0.83 0.82
Increase / (Decrease) in Invested Capital
32 -3.35 3.89 -29 -37 -21 27 87 422 459 398
Enterprise Value (EV)
5,562 5,460 5,883 5,214 5,256 5,035 4,298 4,677 4,450 4,286 4,285
Market Capitalization
5,400 5,299 5,710 4,992 4,996 4,771 3,977 4,321 4,047 3,883 3,862
Book Value per Share
$37.15 $35.37 $36.29 $34.31 $33.27 $32.69 $31.80 $31.24 $30.26 $29.20 $27.89
Tangible Book Value per Share
$7.67 $6.30 $6.74 $5.13 $3.86 $2.60 $2.06 $0.93 ($0.32) ($1.39) ($2.50)
Total Capital
1,420 1,361 1,424 1,398 1,399 1,382 1,423 1,430 1,436 1,408 1,376
Total Debt
212 211 247 286 321 328 398 423 463 470 480
Total Long-Term Debt
212 211 247 286 321 328 398 423 463 470 480
Net Debt
162 162 173 222 260 264 321 356 403 403 423
Capital Expenditures (CapEx)
5.56 13 9.15 6.88 6.91 12 8.30 8.22 9.66 14 15
Debt-free, Cash-free Net Working Capital (DFCFNWC)
151 107 143 143 140 101 156 155 159 129 170
Debt-free Net Working Capital (DFNWC)
201 156 217 207 200 166 233 222 219 196 226
Net Working Capital (NWC)
201 156 217 207 200 166 233 222 219 196 226
Net Nonoperating Expense (NNE)
2.38 2.23 3.16 3.56 3.80 4.06 5.69 3.48 4.12 6.25 2.06
Net Nonoperating Obligations (NNO)
162 190 173 222 260 289 321 356 403 426 423
Total Depreciation and Amortization (D&A)
11 11 11 13 14 14 14 13 14 14 14
Debt-free, Cash-free Net Working Capital to Revenue
15.63% 11.17% 15.16% 15.35% 15.07% 10.98% 16.87% 16.51% 16.79% 13.71% 18.37%
Debt-free Net Working Capital to Revenue
20.81% 16.37% 22.98% 22.18% 21.56% 17.97% 25.17% 23.62% 23.16% 20.77% 24.49%
Net Working Capital to Revenue
20.81% 16.37% 22.98% 22.18% 21.56% 17.97% 25.17% 23.62% 23.16% 20.77% 24.49%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.14 $1.03 $1.05 $0.99 $0.90 $0.82 $0.91 $0.94 $0.71 $0.67 $0.79
Adjusted Weighted Average Basic Shares Outstanding
32.62M 32.53M 32.51M 32.44M 32.42M 32.27M 32.24M 32.24M 32.23M 32.17M 32.14M
Adjusted Diluted Earnings per Share
$1.13 $1.03 $1.03 $0.98 $0.89 $0.82 $0.90 $0.93 $0.70 $0.66 $0.78
Adjusted Weighted Average Diluted Shares Outstanding
32.62M 32.53M 32.51M 32.44M 32.42M 32.27M 32.24M 32.24M 32.23M 32.17M 32.14M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
32.62M 32.53M 32.51M 32.44M 32.42M 32.27M 32.24M 32.24M 32.23M 32.17M 32.14M
Normalized Net Operating Profit after Tax (NOPAT)
39 36 37 36 33 31 35 34 27 28 27
Normalized NOPAT Margin
15.74% 14.92% 15.42% 15.22% 13.68% 13.43% 15.12% 14.52% 11.54% 11.89% 11.18%
Pre Tax Income Margin
19.14% 18.53% 18.29% 17.61% 15.38% 14.55% 15.86% 16.61% 12.52% 11.09% 12.73%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 7.83 0.00 0.00 0.00 6.23 0.00 9.54
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 6.07 0.00 0.00 0.00 4.82 0.00 7.50
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 6.55 0.00 0.00 0.00 4.50 0.00 5.42
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 4.79 0.00 0.00 0.00 3.09 0.00 3.38
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
20.71% 19.91% 21.04% 21.90% 22.26% 21.07% 22.15% 23.00% 23.07% 19.66% 19.03%
Augmented Payout Ratio
24.97% 24.33% 25.83% 26.83% 27.33% 25.19% 26.21% 27.17% 27.79% 53.28% 66.52%

Frequently Asked Questions About Balchem's Financials

When does Balchem's fiscal year end?

According to the most recent income statement we have on file, Balchem's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Balchem's net income changed over the last 9 years?

Balchem's net income appears to be on an upward trend, with a most recent value of $128.48 million in 2024, rising from $59.72 million in 2015. The previous period was $108.54 million in 2023. Find out what analysts predict for Balchem in the coming months.

What is Balchem's operating income?
Balchem's total operating income in 2024 was $182.91 million, based on the following breakdown:
  • Total Gross Profit: $336.21 million
  • Total Operating Expenses: $153.30 million
How has Balchem revenue changed over the last 9 years?

Over the last 9 years, Balchem's total revenue changed from $552.49 million in 2015 to $953.68 million in 2024, a change of 72.6%.

How much debt does Balchem have?

Balchem's total liabilities were at $425.46 million at the end of 2024, a 21.7% decrease from 2023, and a 2.3% increase since 2015.

How much cash does Balchem have?

In the past 9 years, Balchem's cash and equivalents has ranged from $38.64 million in 2016 to $103.24 million in 2021, and is currently $49.52 million as of their latest financial filing in 2024.

How has Balchem's book value per share changed over the last 9 years?

Over the last 9 years, Balchem's book value per share changed from 14.71 in 2015 to 35.37 in 2024, a change of 140.5%.



This page (NASDAQ:BCPC) was last updated on 5/27/2025 by MarketBeat.com Staff
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