Balchem Corporation (BCPC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.25% | 34.47% | 33.90% | 33.39% | 32.75% | 31.92% | 30.58% | 29.82% | 29.76% | 29.89% | 30.62% | 30.39% | 30.43% | 30.78% | 31.10% | 31.80% | 31.82% | 32.12% | 32.55% | 32.91% |
| Operating profit margin | 19.24% | 20.78% | 20.53% | 20.26% | 19.58% | 15.14% | 13.85% | 13.46% | 13.93% | 15.79% | 16.50% | 16.06% | 15.96% | 15.99% | 16.01% | 16.15% | 15.80% | 15.35% | 15.29% | 15.48% |
| 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% |
| 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% |
Balchem Corporation's profitability ratios have shown some fluctuations over the past few years.
- Gross profit margin has gradually increased from 30.91% as of March 31, 2020, to 35.25% as of December 31, 2024, indicating an improving trend in the company's ability to generate profit from its core activities.
- Operating profit margin has been somewhat volatile, fluctuating between a low of 13.46% on March 31, 2023, and a high of 20.78% on September 30, 2024. This suggests some variability in the company's operating efficiency and cost management during this period.
- Pretax margin has also shown fluctuations, with a downward trend between December 31, 2022, and June 30, 2023, but an upward trend leading to a peak of 17.45% on December 31, 2024. This indicates varying levels of profitability before accounting for taxes.
- Net profit margin has experienced ups and downs, reaching a low of 10.48% as of March 31, 2023, before increasing to 13.47% by December 31, 2024. This metric reflects the company's overall profitability after all expenses, including taxes, have been accounted for.
In summary, Balchem Corporation has demonstrated resilience in maintaining and improving its gross profit margins, while operating profit margins have been somewhat unstable. The company has shown fluctuations in pretax and net profit margins but has managed to increase profitability over the years.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 8.16% | 7.61% | 7.41% | 7.23% | 6.68% | 6.44% | 6.14% | 6.09% | 6.49% | 6.67% | 6.76% | 8.50% | 8.01% | 7.91% | 7.66% | 7.55% | 7.26% | 7.13% | 7.12% | 6.94% |
| Return on total capital | 15.90% | 14.79% | 15.21% | 15.56% | 15.27% | 15.01% | 14.51% | 14.67% | 15.55% | 16.60% | 16.29% | 14.34% | 13.48% | 12.69% | 12.58% | 13.78% | 13.52% | 13.02% | 12.97% | 13.33% |
| Return on equity (ROE) | 11.17% | 10.32% | 10.50% | 10.64% | 10.30% | 10.08% | 9.88% | 10.19% | 11.23% | 12.16% | 12.06% | 11.63% | 10.96% | 10.50% | 10.33% | 10.39% | 10.22% | 10.11% | 10.34% | 10.53% |
Balchem Corporation's profitability ratios show a mixed performance over the period analyzed.
- Operating return on assets (Operating ROA): This ratio reflects the company's ability to generate profits from its operational assets. Balchem's Operating ROA has generally improved from 8.81% in March 2020 to a peak of 12.26% in September 2024. However, there was a slight decline in the most recent period ending December 2024 to 11.65%.
- Return on assets (ROA): This ratio measures the company's overall efficiency in generating profits from its assets. Balchem's ROA has shown fluctuations over the period but has generally increased from 6.94% in March 2020 to a peak of 8.16% in December 2024, indicating an improvement in asset utilization.
- Return on total capital: This ratio indicates how effectively the company is using its total capital to generate profits. Balchem's Return on Total Capital has varied over the period analyzed, with a peak of 16.60% in September 2022 and a low of 12.58% in June 2021. The ratio has trended upwards since June 2023 to reach 15.90% by December 2024.
- Return on equity (ROE): ROE measures the return generated on shareholders' equity. Balchem's ROE has displayed some fluctuations, starting at 10.53% in March 2020 and peaking at 12.16% in June 2022. The ratio has generally improved, reaching 11.17% by December 2024.
Overall, Balchem Corporation has shown improvements in its profitability ratios, indicating better efficiency in utilizing assets and generating returns for both operational and overall capital. However, some periods experienced fluctuations, underscoring the need for ongoing monitoring and strategic financial management.