vs

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

DXP ENTERPRISES INC is the larger business by last-quarter revenue ($527.4M vs $270.7M, roughly 1.9× BALCHEM CORP). BALCHEM CORP runs the higher net margin — 14.9% vs 4.3%, a 10.5% gap on every dollar of revenue. On growth, DXP ENTERPRISES INC posted the faster year-over-year revenue change (12.0% vs 8.1%). DXP ENTERPRISES INC produced more free cash flow last quarter ($34.5M vs $33.8M). Over the past eight quarters, DXP ENTERPRISES INC's revenue compounded faster (13.1% CAGR vs 7.5%).

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.

DXP Enterprises Inc. is a leading industrial distribution firm that provides maintenance, repair, operations (MRO) supplies, fluid handling equipment, pump systems and related technical services. It primarily serves customers in manufacturing, energy, mining, construction sectors, with core market coverage across North America.

BCPC vs DXPE — Head-to-Head

Bigger by revenue
DXPE
DXPE
1.9× larger
DXPE
$527.4M
$270.7M
BCPC
Growing faster (revenue YoY)
DXPE
DXPE
+3.9% gap
DXPE
12.0%
8.1%
BCPC
Higher net margin
BCPC
BCPC
10.5% more per $
BCPC
14.9%
4.3%
DXPE
More free cash flow
DXPE
DXPE
$628.0K more FCF
DXPE
$34.5M
$33.8M
BCPC
Faster 2-yr revenue CAGR
DXPE
DXPE
Annualised
DXPE
13.1%
7.5%
BCPC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BCPC
BCPC
DXPE
DXPE
Revenue
$270.7M
$527.4M
Net Profit
$40.3M
$22.8M
Gross Margin
31.6%
Operating Margin
20.5%
8.8%
Net Margin
14.9%
4.3%
Revenue YoY
8.1%
12.0%
Net Profit YoY
8.7%
6.9%
EPS (diluted)
$1.25
$1.38

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
BCPC
BCPC
DXPE
DXPE
Q1 26
$270.7M
Q4 25
$263.6M
$527.4M
Q3 25
$267.6M
$513.7M
Q2 25
$255.5M
$498.7M
Q1 25
$250.5M
$476.6M
Q4 24
$240.0M
$470.9M
Q3 24
$239.9M
$472.9M
Q2 24
$234.1M
$445.6M
Net Profit
BCPC
BCPC
DXPE
DXPE
Q1 26
$40.3M
Q4 25
$39.2M
$22.8M
Q3 25
$40.3M
$21.6M
Q2 25
$38.3M
$23.6M
Q1 25
$37.1M
$20.6M
Q4 24
$33.6M
$21.4M
Q3 24
$33.8M
$21.1M
Q2 24
$32.1M
$16.7M
Gross Margin
BCPC
BCPC
DXPE
DXPE
Q1 26
Q4 25
35.6%
31.6%
Q3 25
35.7%
31.4%
Q2 25
36.4%
31.6%
Q1 25
35.2%
31.5%
Q4 24
36.0%
31.5%
Q3 24
35.6%
30.9%
Q2 24
35.5%
30.9%
Operating Margin
BCPC
BCPC
DXPE
DXPE
Q1 26
20.5%
Q4 25
19.8%
8.8%
Q3 25
20.4%
8.5%
Q2 25
20.1%
9.2%
Q1 25
20.4%
8.5%
Q4 24
19.8%
8.3%
Q3 24
20.0%
8.4%
Q2 24
19.6%
8.4%
Net Margin
BCPC
BCPC
DXPE
DXPE
Q1 26
14.9%
Q4 25
14.9%
4.3%
Q3 25
15.1%
4.2%
Q2 25
15.0%
4.7%
Q1 25
14.8%
4.3%
Q4 24
14.0%
4.5%
Q3 24
14.1%
4.5%
Q2 24
13.7%
3.7%
EPS (diluted)
BCPC
BCPC
DXPE
DXPE
Q1 26
$1.25
Q4 25
$1.21
$1.38
Q3 25
$1.24
$1.31
Q2 25
$1.17
$1.43
Q1 25
$1.13
$1.25
Q4 24
$1.03
$1.28
Q3 24
$1.03
$1.27
Q2 24
$0.98
$1.00

Balance Sheet & Financial Strength

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

Metric
BCPC
BCPC
DXPE
DXPE
Cash + ST InvestmentsLiquidity on hand
$72.9M
$303.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$498.4M
Total Assets
$1.7B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
DXPE
DXPE
Q1 26
$72.9M
Q4 25
$74.6M
$303.8M
Q3 25
$65.1M
$123.8M
Q2 25
$65.4M
$112.9M
Q1 25
$49.9M
$114.3M
Q4 24
$49.5M
$148.3M
Q3 24
$73.7M
$35.0M
Q2 24
$63.7M
$49.9M
Stockholders' Equity
BCPC
BCPC
DXPE
DXPE
Q1 26
$1.3B
Q4 25
$1.3B
$498.4M
Q3 25
$1.3B
$488.3M
Q2 25
$1.3B
$468.1M
Q1 25
$1.2B
$444.7M
Q4 24
$1.1B
$422.8M
Q3 24
$1.2B
$402.4M
Q2 24
$1.1B
$384.7M
Total Assets
BCPC
BCPC
DXPE
DXPE
Q1 26
$1.7B
Q4 25
$1.7B
$1.7B
Q3 25
$1.7B
$1.4B
Q2 25
$1.7B
$1.4B
Q1 25
$1.6B
$1.4B
Q4 24
$1.6B
$1.3B
Q3 24
$1.6B
$1.2B
Q2 24
$1.6B
$1.2B

Cash Flow & Capital Efficiency

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

Metric
BCPC
BCPC
DXPE
DXPE
Operating Cash FlowLast quarter
$40.1M
$37.8M
Free Cash FlowOCF − Capex
$33.8M
$34.5M
FCF MarginFCF / Revenue
12.5%
6.5%
Capex IntensityCapex / Revenue
2.3%
0.6%
Cash ConversionOCF / Net Profit
0.99×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$54.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
DXPE
DXPE
Q1 26
$40.1M
Q4 25
$67.3M
$37.8M
Q3 25
$65.6M
$34.9M
Q2 25
$47.3M
$18.6M
Q1 25
$36.5M
$3.0M
Q4 24
$52.3M
$32.1M
Q3 24
$51.3M
$28.3M
Q2 24
$45.0M
$14.7M
Free Cash Flow
BCPC
BCPC
DXPE
DXPE
Q1 26
$33.8M
Q4 25
$34.5M
Q3 25
$28.1M
Q2 25
$8.3M
Q1 25
$-16.9M
Q4 24
$22.7M
Q3 24
$24.4M
Q2 24
$5.9M
FCF Margin
BCPC
BCPC
DXPE
DXPE
Q1 26
12.5%
Q4 25
6.5%
Q3 25
5.5%
Q2 25
1.7%
Q1 25
-3.6%
Q4 24
4.8%
Q3 24
5.2%
Q2 24
1.3%
Capex Intensity
BCPC
BCPC
DXPE
DXPE
Q1 26
2.3%
Q4 25
0.6%
Q3 25
1.3%
Q2 25
2.1%
Q1 25
4.2%
Q4 24
2.0%
Q3 24
0.8%
Q2 24
2.0%
Cash Conversion
BCPC
BCPC
DXPE
DXPE
Q1 26
0.99×
Q4 25
1.72×
1.65×
Q3 25
1.63×
1.61×
Q2 25
1.23×
0.79×
Q1 25
0.98×
0.14×
Q4 24
1.56×
1.50×
Q3 24
1.52×
1.34×
Q2 24
1.40×
0.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCPC
BCPC

Segment breakdown not available.

DXPE
DXPE

Service Centers$356.2M68%
Innovative Pumping Solutions$110.0M21%
Supply Chain Services$61.2M12%

Related Comparisons