BCPC FY 2024 Earnings Report — Balchem Corporation Revenue & Financial Results | Market Cap Arena

Balchem CorporationBCPC

FY 2024 Earnings

Reported February 21, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$954M	—	$922M	—	3.4%
Op. Income	$183M	—	$159M	—	14.9%
Gross Margin	35.3%	—	32.7%	—	2.5pp
Net Margin	13.5%	—	11.8%	—	1.7pp
EPS (Diluted)	$3.93	—	$3.35	—	17.3%
Free Cash Flow	$146M	—	$146M	—	0.3%

Revenue Flow

Item	Amount
REVENUE	$954M
Cost of Revenue	$617M
GROSS PROFIT	$336M
R&D Expenses	$17M
Selling & Marketing	$69M
General & Administrative	$68M
SG&A Expenses	$137M
Other Expenses	$0
Operating Expenses	$153M
Cost & Expenses	$771M
OPERATING INCOME	$183M
Interest Income	$0
Interest Expense	$17M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	$166M
Income Tax Expense	$38M
Net Income from Continuing Ops	$128M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$128M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$128M
D&A	$48M
EBIT	$183M
EBITDA	$231M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$954M
Cost of Revenue	$617M
GROSS PROFIT	$336M
R&D Expenses	$17M
Selling & Marketing	$69M
General & Administrative	$68M
SG&A Expenses	$137M
Other Expenses	$0
Operating Expenses	$153M
Cost & Expenses	$771M
OPERATING INCOME	$183M
Interest Income	$0
Interest Expense	$17M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	$166M
Income Tax Expense	$38M
Net Income from Continuing Ops	$128M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$128M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$128M
D&A	$48M
EBIT	$183M
EBITDA	$231M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$128M
Depreciation & Amortization	$48M
Stock-Based Compensation	$17M
Deferred Income Tax	-$7M
Other Non-Cash Items	$2M
Change in Working Capital	-$6M
OPERATING CASH FLOW	$182M
Capital Expenditure	-$36M
Acquisitions (Net)	-$24M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$89.0K
NET CASH FROM INVESTING	-$60M
Net Debt Issuance	-$120M
Common Stock Repurchased	-$6M
Common Dividends Paid	-$26M
Other Financing Activities	$17M
NET CASH FROM FINANCING	-$134M
FREE CASH FLOW	$146M
Net Change in Cash	-$15M

Balance Sheet

Item	Amount
Cash & Equivalents	$50M
Short-Term Investments	$0
Net Receivables	$120M
Inventory	$131M
Other Current Assets	$6M
TOTAL CURRENT ASSETS	$314M
PP&E (Net)	$299M
Goodwill	$780M
Intangible Assets	$165M
Long-Term Investments	$4M
Tax Assets	$0
Other Non-Current Assets	$13M
TOTAL NON-CURRENT ASSETS	$1.3B
TOTAL ASSETS	$1.6B
Account Payables	$55M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$23M
TOTAL CURRENT LIABILITIES	$158M
Long-Term Debt	$190M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$44M
Other Non-Current Liabilities	$19M
TOTAL NON-CURRENT LIABILITIES	$268M
TOTAL LIABILITIES	$425M
Common Stock	$2M
Additional Paid-In Capital	$174M
Retained Earnings	$997M
Treasury Stock	$0
Accum. Other Comp. Income	-$24M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$0
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$208M
Net Debt	$159M