Balchem Corporation (BCPC)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 128,475 | 121,540 | 116,778 | 114,819 | 108,543 | 103,301 | 99,475 | 99,147 | 105,367 | 108,910 | 108,674 | 101,623 | 96,104 | 93,317 | 89,872 | 88,266 | 84,623 | 82,844 | 81,952 | 80,656 |
| Revenue (ttm) | US$ in thousands | 953,684 | 942,379 | 932,387 | 929,558 | 922,439 | 926,271 | 940,590 | 946,031 | 942,358 | 922,960 | 876,562 | 842,234 | 799,023 | 766,603 | 743,874 | 714,864 | 703,644 | 689,458 | 672,913 | 661,112 |
| Net profit margin | 13.47% | 12.90% | 12.52% | 12.35% | 11.77% | 11.15% | 10.58% | 10.48% | 11.18% | 11.80% | 12.40% | 12.07% | 12.03% | 12.17% | 12.08% | 12.35% | 12.03% | 12.02% | 12.18% | 12.20% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $128,475K ÷ $953,684K
= 13.47%
Balchem Corporation's net profit margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin measures the percentage of revenue that translates into profit after all expenses have been deducted.
From March 2020 to December 2024, the net profit margin ranged from a low of 10.48% in March 2023 to a high of 13.47% in December 2024. The net profit margin generally remained above 12%, indicating that Balchem Corporation has been able to effectively control costs and generate profit from its operations.
It is noteworthy that there was a slight downward trend in the net profit margin from March 2022 to March 2024 before a notable increase in the last quarter of 2024. This trend suggests some fluctuation in the company's profitability during this period.
Overall, while the net profit margin of Balchem Corporation has shown some variability, it has generally remained at a decent level, indicating the company's ability to generate profit relative to its revenue, although management may need to monitor and address any potential factors contributing to the fluctuations observed in the margins.
Peer comparison
Dec 31, 2024