{
  "url": "https://struct.news/briefs/balchem-is-priced-like-growth-has-already-returned-but-the-top-line-slid-in-2023",
  "title": "Balchem grew sales and EPS, but the margin gain was paper-thin",
  "summary": "Revenue climbed to $284.0M, EPS jumped 18.8%, yet gross margin rose just 0.1 percentage point, higher sales and mix did the heavy lifting.",
  "published_at": "2026-07-31T23:50:26.910664+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": null,
    "ticker": "BCPC",
    "cik": "9326",
    "sector": null,
    "industry": null
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-07-31",
    "accession": "0000009326-26-000028",
    "url": "https://www.sec.gov/Archives/edgar/data/9326/000000932626000028/bcpc-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-07-31",
    "url": "https://www.sec.gov/Archives/edgar/data/9326/000000932625000014/bcpc-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "Valuation snapshot",
      "label": "Market cap",
      "value": 5454323160,
      "display": "$5.5B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-07-31"
      }
    },
    {
      "group": "Valuation snapshot",
      "label": "P/E",
      "value": 35.224406083502856,
      "display": "35.2x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000009326-26-000028",
        "filing_date": "2026-07-31"
      }
    },
    {
      "group": "Valuation snapshot",
      "label": "EV / sales",
      "value": 5.186999086930573,
      "display": "5.2x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000009326-26-000028",
        "filing_date": "2026-07-31"
      }
    }
  ],
  "watch_next": [
    {
      "type": "interest_rates",
      "statement": "Net interest expense fell this quarter due to lower borrowings and lower interest rates; a reversal would hurt reported profit.",
      "importance": "medium",
      "evidence": "The decrease in net interest expense is primarily due to lower outstanding borrowings and lower interest rates.",
      "source_date": "2026-07-31"
    }
  ],
  "related_tickers": [
    "BCPC"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}