Balchem Corporation (BCPC)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 183,481 | 195,816 | 191,438 | 188,345 | 180,637 | 140,273 | 130,284 | 127,368 | 131,296 | 145,702 | 144,590 | 135,263 | 127,502 | 122,605 | 119,120 | 115,444 | 111,147 | 105,864 | 102,866 | 102,351 |
| Total assets | US$ in thousands | 1,575,370 | 1,596,940 | 1,574,970 | 1,588,700 | 1,625,140 | 1,603,480 | 1,619,230 | 1,628,760 | 1,624,510 | 1,633,010 | 1,606,670 | 1,194,910 | 1,199,320 | 1,179,350 | 1,173,610 | 1,169,220 | 1,165,840 | 1,161,340 | 1,151,260 | 1,162,110 |
| Operating ROA | 11.65% | 12.26% | 12.16% | 11.86% | 11.12% | 8.75% | 8.05% | 7.82% | 8.08% | 8.92% | 9.00% | 11.32% | 10.63% | 10.40% | 10.15% | 9.87% | 9.53% | 9.12% | 8.94% | 8.81% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $183,481K ÷ $1,575,370K
= 11.65%
Based on the operating return on assets (operating ROA) data for Balchem Corporation, the ratio has shown fluctuations over the periods analyzed. The ratio increased from 8.81% in March 2020 to a peak of 12.26% in September 2024, reflecting a positive trend in the company's operational efficiency in generating profits from its assets.
While there were some fluctuations in the ratio during the periods, overall, the trend seems positive with gradual increases in the operating ROA. The company's ability to generate higher returns relative to its assets improved, as seen from the increasing percentages over time.
It is important to note the slight dip in the ratio in the June 2022 and September 2022 periods before a rebound in the following quarters. This indicates some potential fluctuations in the company's operational efficiency during those specific periods.
Overall, the trend suggests that Balchem Corporation has been effectively managing its assets to generate operating profits, with the operating ROA showing an upward trajectory throughout most of the periods analyzed.
Peer comparison
Dec 31, 2024