Balchem Corporation (BCPC)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 166,453 | 155,236 | 147,818 | 144,992 | 137,261 | 129,770 | 124,380 | 125,238 | 133,749 | 141,119 | 142,119 | 132,880 | 125,233 | 120,134 | 115,956 | 111,910 | 106,417 | 100,738 | 97,267 | 96,175 |
| 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 |
| Pretax margin | 17.45% | 16.47% | 15.85% | 15.60% | 14.88% | 14.01% | 13.22% | 13.24% | 14.19% | 15.29% | 16.21% | 15.78% | 15.67% | 15.67% | 15.59% | 15.65% | 15.12% | 14.61% | 14.45% | 14.55% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $166,453K ÷ $953,684K
= 17.45%
The pretax margin of Balchem Corporation has shown a relatively stable trend from March 2020 to September 2021, fluctuating between 14.45% and 15.67%. However, there was a noticeable increase in pretax margin from December 2021 to June 2022, reaching a peak of 16.21%. Subsequently, there was a slight decline in the pretax margin for the following three quarters. In December 2024, the pretax margin experienced a significant surge to 17.45%, indicating improved profitability before the end of the reporting period. Overall, the pretax margin trend demonstrates the company's ability to efficiently manage its operating expenses and generate profits before taxes over the analyzed time frame.
Peer comparison
Dec 31, 2024