Balchem Corporation (BCPC)

Balchem Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	953.68	922.44	942.36	799.02	703.64
Revenue Growth (YoY)	3.39%	-2.11%	17.94%	13.55%	9.31%
Cost of Revenue	617.48	620.38	661.91	555.85	479.75
Gross Profit	336.21	302.06	280.45	243.17	223.9
Selling, General & Admin	135.39	130.13	120.78	102.15	102.42
Research & Development	16.79	15.05	12.19	13.52	10.33
Operating Expenses	152.18	145.18	132.97	115.67	112.75
Operating Income	184.03	156.88	147.48	127.5	111.15
Interest Expense	-16.53	-23.73	-12.52	-4.71	-6.71
Interest & Investment Income	-	1.12	2.25	2.26	2.28
Earnings From Equity Investments	-0.49	-0.51	-0.56	-0.56	-0.58
Other Non Operating Income (Expenses)	0.56	1.19	-1.12	0.74	0.28
EBT Excluding Unusual Items	167.57	134.94	135.54	125.23	106.42
Merger & Restructuring Charges	-1.21	-8.98	-2.26	-	-
Other Unusual Items	0.09	11.3	0.47	-	-
Pretax Income	166.45	137.26	133.75	125.23	106.42
Income Tax Expense	37.98	28.72	28.38	29.13	21.79
Net Income	128.48	108.54	105.37	96.1	84.62
Net Income to Common	128.48	108.54	105.37	96.1	84.62
Net Income Growth	18.36%	3.01%	9.64%	13.57%	6.22%
Shares Outstanding (Basic)	32	32	32	32	32
Shares Outstanding (Diluted)	33	32	32	33	33
Shares Change (YoY)	0.83%	0.17%	-0.85%	0.52%	-0.01%
EPS (Basic)	3.97	3.38	3.29	2.98	2.63
EPS (Diluted)	3.93	3.35	3.25	2.94	2.60
EPS Growth	17.31%	3.08%	10.54%	13.08%	6.12%
Free Cash Flow	146.34	145.87	88.59	123.15	116.67
Free Cash Flow Per Share	4.47	4.50	2.73	3.77	3.59
Dividend Per Share	0.870	0.790	0.710	0.640	0.580
Dividend Growth	10.13%	11.27%	10.94%	10.35%	11.54%
Gross Margin	35.25%	32.75%	29.76%	30.43%	31.82%
Operating Margin	19.30%	17.01%	15.65%	15.96%	15.80%
Profit Margin	13.47%	11.77%	11.18%	12.03%	12.03%
Free Cash Flow Margin	15.34%	15.81%	9.40%	15.41%	16.58%
EBITDA	231.71	211.52	199	176.1	162.15
EBITDA Margin	24.30%	22.93%	21.12%	22.04%	23.04%
D&A For EBITDA	47.69	54.65	51.51	48.6	51
EBIT	184.03	156.88	147.48	127.5	111.15
EBIT Margin	19.30%	17.01%	15.65%	15.96%	15.80%
Effective Tax Rate	22.82%	20.92%	21.22%	23.26%	20.48%

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q