BALCHEM CORPBCPC

Market cap

$5.1B

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Net sales	-	-	-	-	-	-	-	644	644	704	799	942	922	954
Cost of sales	206	221	240	397	384	372	406	439	432	480	556	662	620	617
Gross margin	86	90	97	144	168	181	189	204	211	224	243	280	302	336
Selling Expense	16	16	16	36	46	55	55	57	61	59	60	67	74	69
Research and Development Expense	3	3	4	5	6	7	9	12	11	10	14	12	15	17
General and Administrative Expense	11	10	12	21	22	28	28	28	37	44	42	56	53	68
Total operating expenses	30	30	32	62	74	90	92	97	109	113	116	135	143	153
Earnings from operations	56	60	66	82	94	91	97	108	103	111	128	145	159	183
Interest expense, net	-	-	-	-	-	-	-	-	-	-	-	-	-	-17
Other (income) expense, net	0	0	-0	-0	-0	-1	-1	-1	-0	-0	0	-1	1	0
Total other expenses	-	-	-	-	-	-	-	-	-6	-5	-2	-11	-22	-16
Earnings before income tax expense	57	60	66	77	87	83	88	99	96	106	125	134	137	166
Income tax expense	18	20	21	24	27	27	-2	20	17	22	29	28	29	38
Net earnings	39	40	45	53	60	56	90	79	80	85	96	105	109	128
Earnings Per Share, Basic	1.36	1.38	1.51	1.74	1.92	1.78	2.83	2.45	2.48	2.63	2.98	3.29	3.38	3.97
Earnings Per Share, Diluted	1.28	1.32	1.45	1.69	1.89	1.75	2.79	2.42	2.45	2.6	2.94	3.25	3.35	3.93