BCPC BALCHEM CORP

Overview and Growth

Fiscal 2025 results for BALCHEM CORP combined $1.04B of revenue with net income of $154.84M and an operating cash inflow of $216.56M. Revenue of $1.04B sets the scale for evaluating how effectively sales translated into profit and cash during the year. The top line expanded 8.8% from $953.68M in fiscal 2024, increasing the company’s operating scale. The company reported diluted EPS of $4.75, adding a shareholder-level measure to the absolute income figures considered below. Against diluted EPS of $3.93 in fiscal 2024, the current result was 20.9% higher. The diluted weighted-average share count was 32.60M, linking total earnings with the per-share result received by shareholders. At period end, total assets were $1.69B, framing the scale of the company’s operating and financing commitments. The revenue-to-assets relationship was 0.62x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $370.63M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 35.7%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced $209.33M of income after the reported operating expense base, before the remaining non-operating and tax effects. The operating result equaled 20.2% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. Net income came to $154.84M, completing the progression from revenue through gross and operating profitability to the final reported result. The final earnings result represented 14.9% of revenue, connecting the absolute net income figure with the company’s top-line scale. EBITDA was $255.02M, adding a pre-interest, tax, depreciation, and amortization view of the company’s earnings capacity. The reported income-tax provision was $44.19M, the amount recognized between pretax income and the final net-income result. The relationship between net income and period-end equity was 12.3%, indicating the profitability achieved on book capital. The net-income-to-assets relationship measured 9.2%, showing earnings relative to the full balance sheet. Against $128.47M in fiscal 2024, the current $154.84M bottom line finished above the prior-year result in absolute terms.

Liquidity and Capital Structure

Total assets were $1.69B, supported by $428.84M of liabilities and $1.26B of shareholder equity. At period end, current assets of $365.61M compared with current liabilities of $176.38M, defining the company’s short-term resource position. The current ratio was 2.07x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $74.57M, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 42.3% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Equity equaled 74.6% of assets, showing the shareholder-capital layer within the company’s balance sheet. Liabilities represented 25.4% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 4.4%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 7.0% higher than fiscal 2024 assets of $1.58B, measuring the company’s own balance-sheet change. Against $1.15B of equity in fiscal 2024, the current book-equity balance moved 9.3% and ended higher. Compared with $49.52M in fiscal 2024, the current cash balance moved 50.6% and finished higher.

Cash Flow and Earnings Quality

Cash flow from operations was $216.56M, a reported cash inflow that can be compared directly with net income and capital spending. Operating cash flow equaled 1.4x of net income, showing how strongly accounting earnings converted into cash from operations. The operating cash outcome moved from $182.00M in fiscal 2024 to $216.56M, ending above the prior-year level.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.