Balchem Corporation (BCPC)

Balchem Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	922.44	942.36	799.02	703.64	643.71
Revenue Growth (YoY)	-2.11%	17.94%	13.56%	9.31%	0.00%
Cost of Revenue	620.38	661.91	555.85	479.75	432.34
Gross Profit	302.06	280.45	243.17	223.9	211.37
Selling, General & Admin	127.81	123.07	102.15	102.42	97.44
Research & Development	15.05	12.19	13.52	10.33	11.38
Other Operating Expenses	-0.68	1.17	-0.19	0	0
Operating Expenses	142.18	136.43	115.49	112.75	108.81
Operating Income	159.87	144.02	127.69	111.15	102.55
Interest Expense / Income	22.61	10.27	2.46	4.44	5.96
Other Expense / Income	-	-	-	0.29	0.12
Pretax Income	137.26	133.75	125.23	106.42	96.48
Income Tax	28.72	28.38	29.13	21.79	16.81
Net Income	108.54	105.37	96.1	84.62	79.67
Net Income Growth	3.01%	9.64%	13.57%	6.22%	1.40%
Shares Outstanding (Basic)	32	32	32	32	32
Shares Change	0.33%	-0.76%	0.09%	0.57%	-0.25%
EPS (Basic)	3.38	3.29	2.98	2.63	2.48
EPS (Diluted)	3.35	3.25	2.94	2.60	2.45
EPS Growth	3.08%	10.54%	13.08%	6.12%	1.24%
Free Cash Flow	147.75	88.8	123.47	116.75	96.05
Free Cash Flow Per Share	4.58	2.76	3.81	3.61	2.99
Dividend Per Share	0.790	0.710	0.640	0.580	0.520
Dividend Growth	11.27%	10.94%	10.34%	11.54%	10.64%
Gross Margin	32.75%	29.76%	30.43%	31.82%	32.84%
Operating Margin	17.33%	15.28%	15.98%	15.80%	15.93%
Profit Margin	11.77%	11.18%	12.03%	12.03%	12.38%
Free Cash Flow Margin	16.02%	9.42%	15.45%	16.59%	14.92%
Effective Tax Rate	20.92%	21.22%	23.26%	20.48%	17.42%
EBITDA	214.81	195.87	176.57	162.14	148.3
EBITDA Margin	23.29%	20.78%	22.10%	23.04%	23.04%
Depreciation & Amortization	54.94	51.85	48.88	51.28	45.86
EBIT	159.87	144.02	127.69	110.86	102.44
EBIT Margin	17.33%	15.28%	15.98%	15.75%	15.91%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).