Balchem Corp (BCPC)

Balchem Corporation develops, manufactures, and distributes specialty performance ingredients and products for the nutritional, food, pharmaceutical, animal health, medical device sterilization, plant nutrition, and industrial markets worldwide. It operates through three segments: Human Nutrition and Health, Animal Nutrition and Health, and Specialty Products. The Human Nutrition & Health segment supplies ingredients in the food and beverage industry. Its products include spray dried and emulsified powders, extrusion and agglomeration, blended lipid systems, liquid flavor delivery systems, juice and dairy bases, chocolate systems, and cereal systems, as well as ice cream bases and variegates. This segment offers specialty vitamin K2; microencapsulation solutions for various applications; and human grade choline nutrients and mineral amino acid chelated products for nutrition and health applications. The Animal Nutrition & Health segment provides microencapsulated products to enhance health and milk production and delivering nutrient supplements in ruminant animals; chelation technology, which offers enhanced nutrient absorption for various species of production and companion animals; methylsulfonylmethane; and choline chloride, a nutrient for monogastric animal health. The Specialty Products segment distributes ethylene oxide and ammonia primarily for use in the health care industry; and single use canisters for sterilizing re-usable devices. This segment also markets and sells propylene oxide, a fumigant to aid in the control of insects and microbiological spoilage, as well as to reduce bacterial and mold contamination in shell and processed nut meats, processed spices, cacao beans, cocoa powder, raisins, figs, and prunes; and chelated minerals for high value crops. It sells its products through sales force, independent distributors, and sales agents. The company was incorporated in 1967 and is headquartered in Montvale, New Jersey.

Ticker
BCPC
Exchange
Nasdaq
Sector
Basic Materials
Industry
Specialty Chemicals
Market cap
$5.55B
52-week range
$147.18 - $186.15

Valuation

Share price
$174.43 (close of Nov 6, 2026)
P/E (TTM)
32.54x
Price to book
4.18x
Price to free cash flow
24.80x
Enterprise value
$5.63B
Book value per share
$41.69

Price performance

PeriodChange
1 day-2.94%
5 days+2.62%
1 month+5.53%
3 months-3.32%
6 months+8.09%
Year to date+13.74%
1 year+14.58%
3 years+44.31%
5 years+7.77%
10 years+147.70%
All time+69,614.56%

Short interest

As of
Oct 15, 2026
Short % of float
2.23%
Shares short
517.05K
Days to cover
1.96
Change since prior report
+4.88%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
12.31%
Return on invested capital
11.48%
Return on assets
9.18%
Return on capital employed
13.86%
Gross margin
35.74%
Net margin
14.93%
EBITDA margin
24.59%
Revenue growth
8.75%
Net income growth
20.53%
Free cash flow growth
18.99%

Cash flow and balance sheet

Free cash flow yield (TTM)
4.03%
Current ratio
2.47x
Net debt to EBITDA
0.28x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$1.04B
Cost of revenue
$666.53M
Gross profit
$370.63M
EBITDA
$255.02M
Net income
$154.84M
Earnings per share
$4.80
Research and development
$18.51M
Interest expense
$10.22M
Shares outstanding
32.27M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$1.04B$370.63M$154.84M$4.80
2024-12-31$953.68M$336.21M$128.47M$3.97
2023-12-31$922.44M$302.06M$108.54M$3.38
2022-12-31$942.36M$280.45M$105.37M$3.29
2021-12-31$799.02M$243.17M$96.10M$2.98
2020-12-31$703.64M$223.90M$84.62M$2.63
2019-12-31$643.71M$211.37M$79.67M$2.48
2018-12-31$643.68M$204.25M$78.57M$2.45
2017-12-31$594.79M$189.01M$90.07M$2.83
2016-12-31$553.20M$180.86M$55.97M$1.78

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3135.74%14.93%12.31%11.48%
2024-12-3135.25%13.47%11.17%10.67%
2023-12-3132.75%11.77%10.30%9.43%
2022-12-3129.76%11.18%11.23%8.35%
2021-12-3130.43%12.03%10.96%9.89%
2020-12-3131.82%12.03%10.22%8.93%
2019-12-3132.84%12.38%10.71%8.56%
2018-12-3131.73%12.21%11.36%10.22%
2017-12-3131.78%15.14%14.60%11.59%
2016-12-3132.69%10.12%10.74%8.16%

Cash and debt by year

Period endCashDebt
2025-12-31$74.57M$164.00M
2024-12-31$49.52M$190.00M
2023-12-31$64.45M$309.57M
2022-12-31$66.56M$440.57M
2021-12-31$103.24M$108.57M
2020-12-31$84.57M$163.57M
2019-12-31$65.67M$248.57M
2018-12-31$54.27M$156.00M
2017-12-31$40.42M$183.96M
2016-12-31$38.64M$226.49M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$216.56M$18.06M
2024-12-31$182.00M$16.68M
2023-12-31$183.76M$16.05M
2022-12-31$89.45M$13.22M
2021-12-31$124.37M$10.80M
2020-12-31$118.41M$8.30M
2019-12-31$98.67M$7.60M
2018-12-31$99.53M$6.41M
2017-12-31$83.09M$6.26M
2016-12-31$84.58M$7.02M

Dividend history

Most recent payment
Dec 23, 2025
Paid in the last twelve months
$0.96
Payment dateDividend per share
2025-12-23$0.96
2024-12-26$0.87
2023-12-26$0.79
2022-12-23$0.71
2021-12-27$0.64
2020-12-24$0.58
2019-12-27$0.52
2018-12-24$0.47

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-23Sep 2026$1.54
2026-07-31Jun 2026$1.40
2026-04-30Mar 2026$1.33
2026-02-20Dec 2025$1.29
2025-10-21Sep 2025$1.36
2025-07-31Jun 2025$1.25
2025-04-24Mar 2025$1.25
2025-02-21Dec 2024$1.11

Filings and sources

Company website
balchem.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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