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Side-by-side financial comparison of ASTEC INDUSTRIES INC (ASTE) and BALCHEM CORP (BCPC). Click either name above to swap in a different company.

ASTEC INDUSTRIES INC is the larger business by last-quarter revenue ($400.6M vs $270.7M, roughly 1.5× BALCHEM CORP). BALCHEM CORP runs the higher net margin — 14.9% vs 3.0%, a 11.9% gap on every dollar of revenue. On growth, ASTEC INDUSTRIES INC posted the faster year-over-year revenue change (11.6% vs 8.1%). BALCHEM CORP produced more free cash flow last quarter ($33.8M vs $7.4M). Over the past eight quarters, ASTEC INDUSTRIES INC's revenue compounded faster (13.8% CAGR vs 7.5%).

Astec International plc, better known as Astec Power or just Astec, was an international electronics company originally based in Hong Kong that manufactured power supply units and electric power conversion hardware. It was a major vendor of power supply units for computer systems, and for a time it was the largest global manufacturer of power supplies.

Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.

ASTE vs BCPC — Head-to-Head

Bigger by revenue
ASTE
ASTE
1.5× larger
ASTE
$400.6M
$270.7M
BCPC
Growing faster (revenue YoY)
ASTE
ASTE
+3.5% gap
ASTE
11.6%
8.1%
BCPC
Higher net margin
BCPC
BCPC
11.9% more per $
BCPC
14.9%
3.0%
ASTE
More free cash flow
BCPC
BCPC
$26.4M more FCF
BCPC
$33.8M
$7.4M
ASTE
Faster 2-yr revenue CAGR
ASTE
ASTE
Annualised
ASTE
13.8%
7.5%
BCPC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ASTE
ASTE
BCPC
BCPC
Revenue
$400.6M
$270.7M
Net Profit
$12.0M
$40.3M
Gross Margin
27.3%
Operating Margin
5.7%
20.5%
Net Margin
3.0%
14.9%
Revenue YoY
11.6%
8.1%
Net Profit YoY
-43.1%
8.7%
EPS (diluted)
$0.52
$1.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASTE
ASTE
BCPC
BCPC
Q1 26
$270.7M
Q4 25
$400.6M
$263.6M
Q3 25
$350.1M
$267.6M
Q2 25
$330.3M
$255.5M
Q1 25
$329.4M
$250.5M
Q4 24
$359.0M
$240.0M
Q3 24
$291.4M
$239.9M
Q2 24
$345.5M
$234.1M
Net Profit
ASTE
ASTE
BCPC
BCPC
Q1 26
$40.3M
Q4 25
$12.0M
$39.2M
Q3 25
$-4.2M
$40.3M
Q2 25
$16.7M
$38.3M
Q1 25
$14.3M
$37.1M
Q4 24
$21.1M
$33.6M
Q3 24
$-6.2M
$33.8M
Q2 24
$-14.0M
$32.1M
Gross Margin
ASTE
ASTE
BCPC
BCPC
Q1 26
Q4 25
27.3%
35.6%
Q3 25
24.1%
35.7%
Q2 25
26.7%
36.4%
Q1 25
28.1%
35.2%
Q4 24
28.7%
36.0%
Q3 24
22.9%
35.6%
Q2 24
23.5%
35.5%
Operating Margin
ASTE
ASTE
BCPC
BCPC
Q1 26
20.5%
Q4 25
5.7%
19.8%
Q3 25
0.3%
20.4%
Q2 25
6.5%
20.1%
Q1 25
6.2%
20.4%
Q4 24
9.7%
19.8%
Q3 24
-2.5%
20.0%
Q2 24
-3.1%
19.6%
Net Margin
ASTE
ASTE
BCPC
BCPC
Q1 26
14.9%
Q4 25
3.0%
14.9%
Q3 25
-1.2%
15.1%
Q2 25
5.1%
15.0%
Q1 25
4.3%
14.8%
Q4 24
5.9%
14.0%
Q3 24
-2.1%
14.1%
Q2 24
-4.1%
13.7%
EPS (diluted)
ASTE
ASTE
BCPC
BCPC
Q1 26
$1.25
Q4 25
$0.52
$1.21
Q3 25
$-0.18
$1.24
Q2 25
$0.72
$1.17
Q1 25
$0.62
$1.13
Q4 24
$0.92
$1.03
Q3 24
$-0.27
$1.03
Q2 24
$-0.61
$0.98

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASTE
ASTE
BCPC
BCPC
Cash + ST InvestmentsLiquidity on hand
$74.1M
$72.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$681.7M
$1.3B
Total Assets
$1.4B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASTE
ASTE
BCPC
BCPC
Q1 26
$72.9M
Q4 25
$74.1M
$74.6M
Q3 25
$71.8M
$65.1M
Q2 25
$91.6M
$65.4M
Q1 25
$95.4M
$49.9M
Q4 24
$93.8M
$49.5M
Q3 24
$58.9M
$73.7M
Q2 24
$68.4M
$63.7M
Stockholders' Equity
ASTE
ASTE
BCPC
BCPC
Q1 26
$1.3B
Q4 25
$681.7M
$1.3B
Q3 25
$668.9M
$1.3B
Q2 25
$674.9M
$1.3B
Q1 25
$653.2M
$1.2B
Q4 24
$637.8M
$1.1B
Q3 24
$631.4M
$1.2B
Q2 24
$633.3M
$1.1B
Total Assets
ASTE
ASTE
BCPC
BCPC
Q1 26
$1.7B
Q4 25
$1.4B
$1.7B
Q3 25
$1.3B
$1.7B
Q2 25
$1.1B
$1.7B
Q1 25
$1.1B
$1.6B
Q4 24
$1.0B
$1.6B
Q3 24
$1.1B
$1.6B
Q2 24
$1.1B
$1.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASTE
ASTE
BCPC
BCPC
Operating Cash FlowLast quarter
$36.1M
$40.1M
Free Cash FlowOCF − Capex
$7.4M
$33.8M
FCF MarginFCF / Revenue
1.8%
12.5%
Capex IntensityCapex / Revenue
7.2%
2.3%
Cash ConversionOCF / Net Profit
3.01×
0.99×
TTM Free Cash FlowTrailing 4 quarters
$20.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASTE
ASTE
BCPC
BCPC
Q1 26
$40.1M
Q4 25
$36.1M
$67.3M
Q3 25
$-8.1M
$65.6M
Q2 25
$12.9M
$47.3M
Q1 25
$20.5M
$36.5M
Q4 24
$36.6M
$52.3M
Q3 24
$22.5M
$51.3M
Q2 24
$10.9M
$45.0M
Free Cash Flow
ASTE
ASTE
BCPC
BCPC
Q1 26
$33.8M
Q4 25
$7.4M
Q3 25
$-12.3M
Q2 25
$9.0M
Q1 25
$16.6M
Q4 24
$32.1M
Q3 24
$19.9M
Q2 24
$3.3M
FCF Margin
ASTE
ASTE
BCPC
BCPC
Q1 26
12.5%
Q4 25
1.8%
Q3 25
-3.5%
Q2 25
2.7%
Q1 25
5.0%
Q4 24
8.9%
Q3 24
6.8%
Q2 24
1.0%
Capex Intensity
ASTE
ASTE
BCPC
BCPC
Q1 26
2.3%
Q4 25
7.2%
Q3 25
1.2%
Q2 25
1.2%
Q1 25
1.2%
Q4 24
1.3%
Q3 24
0.9%
Q2 24
2.2%
Cash Conversion
ASTE
ASTE
BCPC
BCPC
Q1 26
0.99×
Q4 25
3.01×
1.72×
Q3 25
1.63×
Q2 25
0.77×
1.23×
Q1 25
1.43×
0.98×
Q4 24
1.73×
1.56×
Q3 24
1.52×
Q2 24
1.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASTE
ASTE

Infrastructure Group$208.7M52%
Material Solutions$105.3M26%
Parts And Component Sales$58.3M15%
Other$15.3M4%
Service And Equipment Installation Revenue$6.9M2%
Cargo And Freight$6.1M2%

BCPC
BCPC

Segment breakdown not available.

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