Balchem Corporation (BCPC)
Return on equity (ROE)
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 |
Total stockholders’ equity | US$ in thousands | 1,149,910 | 1,177,230 | 1,112,360 | 1,078,790 | 1,053,980 | 1,025,270 | 1,006,900 | 973,416 | 938,284 | 895,922 | 901,370 | 873,682 | 877,015 | 889,078 | 869,642 | 849,492 | 828,233 | 819,443 | 792,523 | 766,271 |
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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $128,475K ÷ $1,149,910K
= 11.17%
From March 31, 2020, to December 31, 2024, Balchem Corporation's Return on Equity (ROE) fluctuated within a range of 9.88% to 12.16%. The trend in ROE saw an increase from 10.53% in March 2020 to a peak of 12.16% in September 2022, before dropping to 9.88% in June 2023.
The highest ROE of 12.16% was recorded in September 2022, indicating that for every dollar of shareholders' equity, the company generated a profit of 12.16 cents. The ROE slightly recovered to 11.17% by December 31, 2024.
Overall, the ROE trend suggests that Balchem Corporation has been fairly consistent in generating returns for its shareholders, with fluctuations reflecting changes in profitability and efficiency over the analyzed period. It would be important to further investigate the factors driving these fluctuations to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024