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Side-by-side financial comparison of BALCHEM CORP (BCPC) and GOLDEN ENTERTAINMENT, INC. (GDEN). Click either name above to swap in a different company.

BALCHEM CORP is the larger business by last-quarter revenue ($263.6M vs $155.6M, roughly 1.7× GOLDEN ENTERTAINMENT, INC.). BALCHEM CORP runs the higher net margin — 14.9% vs -5.5%, a 20.4% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (9.8% vs -5.2%). Over the past eight quarters, BALCHEM CORP's revenue compounded faster (4.9% CAGR vs -5.4%).

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.

Golden Entertainment, Inc. is an American gambling company based in Enterprise, Nevada that operates casinos and taverns. It was formed in 2015 by the merger of Golden Gaming and Lakes Entertainment. It is the largest tavern operator in Nevada. In October 2017, the company completed an $850 million acquisition of American Casino & Entertainment Properties. The company now has eight casino resorts, all located in Southern Nevada.

BCPC vs GDEN — Head-to-Head

Bigger by revenue
BCPC
BCPC
1.7× larger
BCPC
$263.6M
$155.6M
GDEN
Growing faster (revenue YoY)
BCPC
BCPC
+15.1% gap
BCPC
9.8%
-5.2%
GDEN
Higher net margin
BCPC
BCPC
20.4% more per $
BCPC
14.9%
-5.5%
GDEN
Faster 2-yr revenue CAGR
BCPC
BCPC
Annualised
BCPC
4.9%
-5.4%
GDEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BCPC
BCPC
GDEN
GDEN
Revenue
$263.6M
$155.6M
Net Profit
$39.2M
$-8.5M
Gross Margin
35.6%
92.5%
Operating Margin
19.8%
-1.5%
Net Margin
14.9%
-5.5%
Revenue YoY
9.8%
-5.2%
Net Profit YoY
16.8%
-386.0%
EPS (diluted)
$1.21
$-0.31

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
GDEN
GDEN
Q4 25
$263.6M
$155.6M
Q3 25
$267.6M
$154.8M
Q2 25
$255.5M
$163.6M
Q1 25
$250.5M
$160.8M
Q4 24
$240.0M
$164.2M
Q3 24
$239.9M
$161.2M
Q2 24
$234.1M
$167.3M
Q1 24
$239.7M
$174.0M
Net Profit
BCPC
BCPC
GDEN
GDEN
Q4 25
$39.2M
$-8.5M
Q3 25
$40.3M
$-4.7M
Q2 25
$38.3M
$4.6M
Q1 25
$37.1M
$2.5M
Q4 24
$33.6M
$3.0M
Q3 24
$33.8M
$5.2M
Q2 24
$32.1M
$623.0K
Q1 24
$29.0M
$42.0M
Gross Margin
BCPC
BCPC
GDEN
GDEN
Q4 25
35.6%
92.5%
Q3 25
35.7%
92.8%
Q2 25
36.4%
93.1%
Q1 25
35.2%
92.7%
Q4 24
36.0%
96.3%
Q3 24
35.6%
93.0%
Q2 24
35.5%
93.2%
Q1 24
34.0%
89.9%
Operating Margin
BCPC
BCPC
GDEN
GDEN
Q4 25
19.8%
-1.5%
Q3 25
20.4%
0.6%
Q2 25
20.1%
7.3%
Q1 25
20.4%
6.9%
Q4 24
19.8%
7.1%
Q3 24
20.0%
4.2%
Q2 24
19.6%
8.1%
Q1 24
17.4%
46.0%
Net Margin
BCPC
BCPC
GDEN
GDEN
Q4 25
14.9%
-5.5%
Q3 25
15.1%
-3.0%
Q2 25
15.0%
2.8%
Q1 25
14.8%
1.6%
Q4 24
14.0%
1.8%
Q3 24
14.1%
3.2%
Q2 24
13.7%
0.4%
Q1 24
12.1%
24.1%
EPS (diluted)
BCPC
BCPC
GDEN
GDEN
Q4 25
$1.21
$-0.31
Q3 25
$1.24
$-0.18
Q2 25
$1.17
$0.17
Q1 25
$1.13
$0.09
Q4 24
$1.03
$0.14
Q3 24
$1.03
$0.18
Q2 24
$0.98
$0.02
Q1 24
$0.89
$1.37

Balance Sheet & Financial Strength

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

Metric
BCPC
BCPC
GDEN
GDEN
Cash + ST InvestmentsLiquidity on hand
$74.6M
$55.3M
Total DebtLower is stronger
$426.6M
Stockholders' EquityBook value
$1.3B
$420.9M
Total Assets
$1.7B
$1.0B
Debt / EquityLower = less leverage
1.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
GDEN
GDEN
Q4 25
$74.6M
$55.3M
Q3 25
$65.1M
$58.3M
Q2 25
$65.4M
$52.3M
Q1 25
$49.9M
$50.5M
Q4 24
$49.5M
$57.7M
Q3 24
$73.7M
$68.6M
Q2 24
$63.7M
$88.6M
Q1 24
$60.3M
$404.3M
Total Debt
BCPC
BCPC
GDEN
GDEN
Q4 25
$426.6M
Q3 25
$417.3M
Q2 25
$423.3M
Q1 25
$399.3M
Q4 24
$405.3M
Q3 24
$386.3M
Q2 24
$388.2M
Q1 24
$660.9M
Stockholders' Equity
BCPC
BCPC
GDEN
GDEN
Q4 25
$1.3B
$420.9M
Q3 25
$1.3B
$434.2M
Q2 25
$1.3B
$443.3M
Q1 25
$1.2B
$462.0M
Q4 24
$1.1B
$474.2M
Q3 24
$1.2B
$513.1M
Q2 24
$1.1B
$539.0M
Q1 24
$1.1B
$569.6M
Total Assets
BCPC
BCPC
GDEN
GDEN
Q4 25
$1.7B
$1.0B
Q3 25
$1.7B
$1.0B
Q2 25
$1.7B
$1.0B
Q1 25
$1.6B
$1.1B
Q4 24
$1.6B
$1.1B
Q3 24
$1.6B
$1.1B
Q2 24
$1.6B
$1.2B
Q1 24
$1.6B
$1.5B
Debt / Equity
BCPC
BCPC
GDEN
GDEN
Q4 25
1.01×
Q3 25
0.96×
Q2 25
0.95×
Q1 25
0.86×
Q4 24
0.85×
Q3 24
0.75×
Q2 24
0.72×
Q1 24
1.16×

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
GDEN
GDEN
Operating Cash FlowLast quarter
$67.3M
$10.2M
Free Cash FlowOCF − Capex
$-4.4M
FCF MarginFCF / Revenue
-2.8%
Capex IntensityCapex / Revenue
9.4%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$35.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
GDEN
GDEN
Q4 25
$67.3M
$10.2M
Q3 25
$65.6M
$26.9M
Q2 25
$47.3M
$17.4M
Q1 25
$36.5M
$28.6M
Q4 24
$52.3M
$22.5M
Q3 24
$51.3M
$22.5M
Q2 24
$45.0M
$21.5M
Q1 24
$33.4M
$25.8M
Free Cash Flow
BCPC
BCPC
GDEN
GDEN
Q4 25
$-4.4M
Q3 25
$19.3M
Q2 25
$4.0M
Q1 25
$16.6M
Q4 24
$14.3M
Q3 24
$14.7M
Q2 24
$3.9M
Q1 24
$9.5M
FCF Margin
BCPC
BCPC
GDEN
GDEN
Q4 25
-2.8%
Q3 25
12.5%
Q2 25
2.4%
Q1 25
10.4%
Q4 24
8.7%
Q3 24
9.1%
Q2 24
2.3%
Q1 24
5.5%
Capex Intensity
BCPC
BCPC
GDEN
GDEN
Q4 25
9.4%
Q3 25
4.9%
Q2 25
8.2%
Q1 25
7.4%
Q4 24
5.0%
Q3 24
4.9%
Q2 24
10.5%
Q1 24
9.3%
Cash Conversion
BCPC
BCPC
GDEN
GDEN
Q4 25
1.72×
Q3 25
1.63×
Q2 25
1.23×
3.76×
Q1 25
0.98×
11.43×
Q4 24
1.56×
7.57×
Q3 24
1.52×
4.36×
Q2 24
1.40×
34.51×
Q1 24
1.15×
0.61×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCPC
BCPC

Human Nutrition And Health$166.1M63%
Animal Nutrition And Health$61.2M23%
Specialty Products$34.8M13%

GDEN
GDEN

Nevada Casino Resorts$90.2M58%
Nevada Locals Casinos$37.4M24%
Nevada Taverns$27.7M18%

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