Balchem
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Balchem's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 2% to $922,439,000. The net income raised on $108,543,000 and profit margin reached 12%. Total operating expenses were $142,863,000.
Profit Margin
| 2014 | 541.38M | 52.82M | 9.76% |
|---|---|---|---|
| 2015 | 552.49M | 59.72M | 10.81% |
| 2016 | 553.20M | 55.97M | 10.12% |
| 2017 | 594.79M | 90.07M | 15.14% |
| 2018 | 643.67M | 78.57M | 12.21% |
| 2019 | 643.70M | 79.67M | 12.38% |
| 2020 | 703.64M | 84.62M | 12.03% |
| 2021 | 799.02M | 96.10M | 12.03% |
| 2022 | 942.35M | 105.36M | 11.18% |
| 2023 | 922.43M | 108.54M | 11.77% |
BCPC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 922.43M | 942.35M | 799.02M | 703.64M | 643.70M | 643.67M | 594.79M | 553.20M | 552.49M | 541.38M |
Cost of revenue | 620.38M | 661.90M | 555.84M | 479.74M | 432.33M | 439.42M | 405.78M | 372.34M | 384.39M | 397.21M |
Gross profit | 302.05M | 280.45M | 243.17M | 223.89M | 211.36M | 204.25M | 189.00M | 180.86M | 168.09M | 144.17M |
Operating exp. | ||||||||||
Research and development | 15.04M | 12.19M | 13.52M | 10.33M | 11.37M | 11.59M | 9.30M | 7.32M | 5.99M | 4.81M |
Selling and marketing | 74.39M | 67.40M | 60.41M | 58.63M | 60.93M | 57.21M | 54.72M | 55.17M | 46.25M | 35.75M |
Total operating expenses | 142.86M | 135.26M | 115.67M | 112.75M | 108.81M | 96.50M | 91.75M | 90.02M | 74.14M | 62.02M |
Operating income | 159.19M | 145.18M | 127.50M | 111.14M | 102.55M | 107.75M | 97.25M | 90.83M | 93.95M | 82.14M |
Other income (expenses), net | -21.93M | -11.43M | -2.26M | -4.73M | -6.07M | -8.72M | -8.41M | -7.90M | -6.89M | -5.09M |
Income before tax | 137.26M | 133.74M | 125.23M | 106.41M | 96.47M | 99.03M | 88.48M | 82.93M | 87.06M | 77.05M |
Income tax expense | 28.71M | 28.38M | 29.12M | 21.79M | 16.80M | 20.45M | -1.58M | 26.96M | 27.34M | 24.22M |
Net income | 108.54M | 105.36M | 96.10M | 84.62M | 79.67M | 78.57M | 90.07M | 55.97M | 59.72M | 52.82M |
Earnings per share | ||||||||||
Basic EPS | 3.38 | 3.29 | 2.98 | 2.63 | 2.48 | 2.44 | 2.81 | 1.76 | 1.92 | 1.71 |
Diluted EPS | 3.35 | 3.25 | 2.94 | 2.6 | 2.45 | 2.42 | 2.79 | 1.75 | 1.89 | 1.69 |
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