BCPC: Balchem Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Balchem Corp (BCPC).
$5.30B Market Cap.
BCPC Market Cap. (MRY)
BCPC Shares Outstanding (MRY)
BCPC Assets (MRY)
Total Assets
$1.58B
Total Liabilities
$425.46M
Total Investments
$0
BCPC Income (MRY)
Revenue
$953.68M
Net Income
$128.47M
Operating Expense
$153.22M
BCPC Cash Flow (MRY)
CF Operations
$182.00M
CF Investing
-$59.74M
CF Financing
-$133.81M
BCPC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,575,371,000 (-1.37%) | $1,597,211,000 (-1.68%) | $1,624,512,000 (35.45%) | $1,199,325,000 (2.87%) |
Assets Current | $313,770,000 (-0.15%) | $314,242,000 (-6.42%) | $335,803,000 (4.21%) | $322,232,000 (20.74%) |
Assets Non-Current | $1,261,601,000 (-1.67%) | $1,282,969,000 (-0.45%) | $1,288,709,000 (46.93%) | $877,093,000 (-2.43%) |
Goodwill & Intangible Assets | $945,080,000 (-2.58%) | $970,119,000 (-1.29%) | $982,804,000 (58.87%) | $618,614,000 (-4.99%) |
Shareholders Equity | $1,149,913,000 (9.10%) | $1,053,984,000 (12.33%) | $938,284,000 (6.99%) | $877,015,000 (5.89%) |
Property Plant & Equipment Net | $299,204,000 (1.12%) | $295,903,000 (1.76%) | $290,787,000 (17.82%) | $246,805,000 (4.35%) |
Cash & Equivalents | $49,515,000 (-23.17%) | $64,447,000 (-3.17%) | $66,560,000 (-35.53%) | $103,239,000 (22.07%) |
Accumulated Other Comprehensive Income | -$23,747,000 (-373.24%) | $8,691,000 (221.48%) | -$7,154,000 (-43.28%) | -$4,993,000 (-219.65%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $5,993,000 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $5,993,000 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $130,802,000 (19.43%) | $109,521,000 (-8.48%) | $119,668,000 (31.42%) | $91,058,000 (28.94%) |
Trade & Non-Trade Receivables | $119,662,000 (-4.49%) | $125,284,000 (-4.78%) | $131,578,000 (12.07%) | $117,408,000 (19.54%) |
Trade & Non-Trade Payables | $54,745,000 (-1.37%) | $55,503,000 (-3.17%) | $57,322,000 (1.92%) | $56,243,000 (136.89%) |
Accumulated Retained Earnings (Deficit) | $997,493,000 (11.14%) | $897,488,000 (10.19%) | $814,487,000 (11.25%) | $732,138,000 (11.48%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $48,188,000 (-15.48%) | $57,013,000 (-12.37%) | $65,064,000 (36.15%) | $47,789,000 (-6.95%) |
Total Debt | $208,044,000 (-37.02%) | $330,334,000 (-28.28%) | $460,610,000 (290.20%) | $118,044,000 (-31.36%) |
Debt Current | $3,328,000 (-21.16%) | $4,221,000 (4.95%) | $4,022,000 (70.35%) | $2,361,000 (1.03%) |
Debt Non-Current | $204,716,000 (-37.23%) | $326,113,000 (-28.58%) | $456,588,000 (294.69%) | $115,683,000 (-31.81%) |
Total Liabilities | $425,458,000 (-21.68%) | $543,227,000 (-20.84%) | $686,228,000 (112.91%) | $322,310,000 (-4.53%) |
Liabilities Current | $157,685,000 (6.19%) | $148,491,000 (6.03%) | $140,042,000 (-2.61%) | $143,802,000 (52.29%) |
Liabilities Non-Current | $267,773,000 (-32.16%) | $394,736,000 (-27.73%) | $546,186,000 (205.97%) | $178,508,000 (-26.59%) |
BCPC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $953,684,000 (3.39%) | $922,439,000 (-2.11%) | $942,358,000 (17.94%) | $799,023,000 (13.56%) |
Cost of Revenue | $617,478,000 (-0.47%) | $620,383,000 (-6.27%) | $661,907,000 (19.08%) | $555,849,000 (15.86%) |
Selling General & Administrative Expense | $136,504,000 (6.80%) | $127,814,000 (3.85%) | $123,074,000 (20.49%) | $102,148,000 (-0.26%) |
Research & Development Expense | $16,793,000 (11.59%) | $15,049,000 (23.44%) | $12,191,000 (-9.86%) | $13,524,000 (30.89%) |
Operating Expenses | $153,225,000 (7.77%) | $142,182,000 (4.21%) | $136,434,000 (18.14%) | $115,485,000 (2.43%) |
Interest Expense | $16,528,000 (-26.91%) | $22,613,000 (120.23%) | $10,268,000 (318.08%) | $2,456,000 (-44.67%) |
Income Tax Expense | $37,978,000 (32.24%) | $28,718,000 (1.18%) | $28,382,000 (-2.56%) | $29,129,000 (33.66%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $128,475,000 (18.36%) | $108,543,000 (3.01%) | $105,367,000 (9.64%) | $96,104,000 (13.57%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $128,475,000 (18.36%) | $108,543,000 (3.01%) | $105,367,000 (9.64%) | $96,104,000 (13.57%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $128,475,000 (18.36%) | $108,543,000 (3.01%) | $105,367,000 (9.64%) | $96,104,000 (13.57%) |
Weighted Average Shares | $32,507,716 (0.83%) | $32,241,056 (0.33%) | $32,135,122 (-0.76%) | $32,381,611 (0.09%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $182,981,000 (14.45%) | $159,874,000 (11.01%) | $144,017,000 (12.79%) | $127,689,000 (15.18%) |
Gross Profit | $336,206,000 (11.31%) | $302,056,000 (7.70%) | $280,451,000 (15.33%) | $243,174,000 (8.61%) |
Operating Income | $182,981,000 (14.45%) | $159,874,000 (11.01%) | $144,017,000 (12.79%) | $127,689,000 (14.88%) |
BCPC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$59,736,000 (-71.59%) | -$34,813,000 (91.63%) | -$416,014,000 (-1078.51%) | -$35,300,000 (-2.05%) |
Net Cash Flow from Financing | -$133,815,000 (12.72%) | -$153,321,000 (-162.15%) | $246,679,000 (341.42%) | -$102,178,000 (-1.00%) |
Net Cash Flow from Operations | $181,999,000 (-0.96%) | $183,761,000 (32.64%) | $138,536,000 (-13.69%) | $160,514,000 (6.66%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$14,932,000 (-606.67%) | -$2,113,000 (94.24%) | -$36,679,000 (-296.48%) | $18,668,000 (-1.22%) |
Net Cash Flow - Business Acquisitions and Disposals | -$24,434,000 (-1484.57%) | -$1,542,000 (99.58%) | -$366,275,000 (-425801.16%) | -$86,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $2,740,000 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$35,302,000 (1.97%) | -$36,011,000 (27.60%) | -$49,739,000 (-34.27%) | -$37,045,000 (-9.79%) |
Issuance (Repayment) of Debt Securities | -$119,785,000 (8.72%) | -$131,222,000 (-143.62%) | $300,835,000 (645.40%) | -$55,159,000 (35.22%) |
Issuance (Purchase) of Equity Shares | $11,546,000 (1393.66%) | $773,000 (102.40%) | -$32,211,000 (-13.84%) | -$28,296,000 (-4189.02%) |
Payment of Dividends & Other Cash Distributions | -$25,576,000 (-11.82%) | -$22,872,000 (-10.42%) | -$20,713,000 (-10.63%) | -$18,723,000 (-12.08%) |
Effect of Exchange Rate Changes on Cash | -$3,380,000 (-249.56%) | $2,260,000 (138.44%) | -$5,880,000 (-34.62%) | -$4,368,000 (-205.00%) |
Share Based Compensation | $16,675,000 (3.88%) | $16,052,000 (21.39%) | $13,224,000 (22.42%) | $10,802,000 (30.10%) |
Depreciation Amortization & Accretion | $47,973,000 (-12.67%) | $54,935,000 (5.95%) | $51,848,000 (6.07%) | $48,879,000 (-4.68%) |
BCPC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 35.30% (7.95%) | 32.70% (9.73%) | 29.80% (-1.97%) | 30.40% (-4.40%) |
Profit Margin | 13.50% (14.41%) | 11.80% (5.36%) | 11.20% (-6.67%) | 12.00% (0.00%) |
EBITDA Margin | 24.20% (3.86%) | 23.30% (12.02%) | 20.80% (-5.88%) | 22.10% (-3.91%) |
Return on Average Equity (ROAE) | 11.40% (6.54%) | 10.70% (-8.55%) | 11.70% (6.36%) | 11.00% (3.77%) |
Return on Average Assets (ROAA) | 8.10% (20.90%) | 6.70% (-4.29%) | 7.00% (-13.58%) | 8.10% (10.96%) |
Return on Sales (ROS) | 19.20% (10.98%) | 17.30% (13.07%) | 15.30% (-4.38%) | 16.00% (1.27%) |
Return on Invested Capital (ROIC) | 25.80% (37.23%) | 18.80% (6.21%) | 17.70% (-32.95%) | 26.40% (34.69%) |
Dividend Yield | 0.50% (0.00%) | 0.50% (-16.67%) | 0.60% (50.00%) | 0.40% (-20.00%) |
Price to Earnings Ratio (P/E) | 41.06 (-6.71%) | 44.01 (18.57%) | 37.12 (-34.40%) | 56.58 (29.14%) |
Price to Sales Ratio (P/S) | 5.56 (6.87%) | 5.2 (24.86%) | 4.16 (-39.06%) | 6.83 (29.00%) |
Price to Book Ratio (P/B) | 4.61 (1.27%) | 4.55 (8.80%) | 4.18 (-32.82%) | 6.22 (38.30%) |
Debt to Equity Ratio (D/E) | 0.37 (-28.16%) | 0.52 (-29.55%) | 0.73 (98.64%) | 0.37 (-9.80%) |
Earnings Per Share (EPS) | 3.97 (17.46%) | 3.38 (2.74%) | 3.29 (10.40%) | 2.98 (13.31%) |
Sales Per Share (SPS) | 29.34 (2.54%) | 28.61 (-2.43%) | 29.32 (18.84%) | 24.68 (13.45%) |
Free Cash Flow Per Share (FCFPS) | 4.51 (-1.53%) | 4.58 (65.87%) | 2.76 (-27.54%) | 3.81 (5.65%) |
Book Value Per Share (BVPS) | 35.37 (8.21%) | 32.69 (11.96%) | 29.2 (7.81%) | 27.08 (5.79%) |
Tangible Assets Book Value Per Share (TABVPS) | 19.39 (-0.31%) | 19.45 (-2.60%) | 19.97 (11.35%) | 17.93 (12.72%) |
Enterprise Value Over EBIT (EV/EBIT) | 30 (-6.25%) | 32 (6.67%) | 30 (-30.23%) | 43 (22.86%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 23.68 (-0.60%) | 23.83 (7.43%) | 22.18 (-28.63%) | 31.08 (30.89%) |
Asset Turnover | 0.6 (5.24%) | 0.57 (-8.04%) | 0.62 (-8.12%) | 0.68 (11.53%) |
Current Ratio | 1.99 (-5.95%) | 2.12 (-11.76%) | 2.4 (7.01%) | 2.24 (-20.70%) |
Dividends | $0.87 (10.13%) | $0.79 (11.27%) | $0.71 (10.94%) | $0.64 (10.34%) |
Free Cash Flow (FCF) | $146,697,000 (-0.71%) | $147,750,000 (66.39%) | $88,797,000 (-28.08%) | $123,469,000 (5.75%) |
Enterprise Value (EV) | $5,470,191,169 (6.87%) | $5,118,571,080 (17.82%) | $4,344,240,747 (-20.83%) | $5,487,527,615 (42.53%) |
Earnings Before Tax (EBT) | $166,453,000 (21.27%) | $137,261,000 (2.63%) | $133,749,000 (6.80%) | $125,233,000 (17.68%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $230,954,000 (7.52%) | $214,809,000 (9.67%) | $195,865,000 (10.93%) | $176,568,000 (8.90%) |
Invested Capital | $631,135,000 (-15.23%) | $744,488,000 (-16.88%) | $895,716,000 (98.29%) | $451,714,000 (-11.03%) |
Working Capital | $156,085,000 (-5.83%) | $165,751,000 (-15.33%) | $195,761,000 (9.71%) | $178,430,000 (3.46%) |
Tangible Asset Value | $630,291,000 (0.51%) | $627,092,000 (-2.28%) | $641,708,000 (10.50%) | $580,711,000 (12.82%) |
Market Capitalization | $5,298,595,169 (10.48%) | $4,795,857,080 (22.22%) | $3,924,019,747 (-28.13%) | $5,459,539,615 (46.47%) |
Average Equity | $1,129,573,500 (11.30%) | $1,014,892,500 (12.48%) | $902,314,500 (3.56%) | $871,306,750 (8.69%) |
Average Assets | $1,583,995,250 (-1.75%) | $1,612,172,750 (6.43%) | $1,514,775,500 (28.33%) | $1,180,373,750 (1.74%) |
Invested Capital Average | $710,283,250 (-16.63%) | $851,990,000 (4.97%) | $811,669,250 (68.00%) | $483,126,500 (-14.70%) |
Shares | 32,507,716 (0.83%) | 32,241,056 (0.33%) | 32,135,122 (-0.76%) | 32,381,611 (0.09%) |
