stockrowBalchem Corporation
BCPC Basic Materials Specialty Chemicals
Balchem Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 8.75% from fiscal 2024.
- Revenue
- +8.63%
- EPS
- +17.7%
- Free cash flow
- +14.4%
- Total debt
- −16.7%
Quarter to September 2026, against a year earlier
Follow BCPC
Alert me
Balchem Corporation (BCPC) Altman Z-score
Balchem Corporation's Altman Z-score for fiscal 2025 is 9.01, in the safe zone (above 2.99).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 9.01 | (0.41) |
| FY2024 | 9.43 | 2.33 |
| FY2023 | 7.09 | 1.95 |
| FY2022 | 5.14 | (7.02) |
| FY2021 | 12.16 | 3.69 |
| FY2020 | 8.47 | 1.98 |
| FY2019 | 6.49 | (0.66) |
| FY2018 | 7.15 | 0.97 |
| FY2017 | 6.18 | 0.88 |
| FY2016 | 5.29 | 0.87 |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.11 | — | 0.13 | |
| Retained earnings / total assets | 0.67 | — | 0.93 | |
| EBIT / total assets | 0.12 | — | 0.41 | |
| Market value of equity / total liabilities | 11.54 | — | 6.92 | |
| Sales / total assets | 0.62 | — | 0.62 | |
| Altman Z-score | Safe zone | 9.01 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 6.82 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| BCPC Balchem Corporation | 9.0× |
| SXT Sensient Technologies Corporation compare | 4.9× |
| NEU NewMarket Corporation compare | 4.4× |
| SQM Sociedad Quimica y Minera S.A. compare | 3.1× |
| AXTA Axalta Coating Systems Ltd. compare | 2.4× |
| EMN Eastman Chemical Company compare | 2.3× |
| ESI Element Solutions Inc. compare | 2.2× |
| AVNT Avient Corporation compare | 1.7× |
| PRM Perimeter Solutions, SA compare | 1.4× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets
More on BCPC
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement