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Side-by-side financial comparison of BALCHEM CORP (BCPC) and HECLA MINING CO (HL). Click either name above to swap in a different company.

HECLA MINING CO is the larger business by last-quarter revenue ($448.1M vs $270.7M, roughly 1.7× BALCHEM CORP). HECLA MINING CO runs the higher net margin — 30.0% vs 14.9%, a 15.1% gap on every dollar of revenue. On growth, HECLA MINING CO posted the faster year-over-year revenue change (79.5% vs 8.1%). HECLA MINING CO produced more free cash flow last quarter ($134.7M vs $33.8M). Over the past eight quarters, HECLA MINING CO's revenue compounded faster (53.8% 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.

Hecla Mining is a leading U.S.-based precious and base metals mining firm. Core products include silver, gold, lead and zinc, with operating assets across North America. It supplies raw materials to global jewelry manufacturing, industrial production, and renewable energy segments, and is a top domestic primary silver producer.

BCPC vs HL — Head-to-Head

Bigger by revenue
HL
HL
1.7× larger
HL
$448.1M
$270.7M
BCPC
Growing faster (revenue YoY)
HL
HL
+71.4% gap
HL
79.5%
8.1%
BCPC
Higher net margin
HL
HL
15.1% more per $
HL
30.0%
14.9%
BCPC
More free cash flow
HL
HL
$100.9M more FCF
HL
$134.7M
$33.8M
BCPC
Faster 2-yr revenue CAGR
HL
HL
Annualised
HL
53.8%
7.5%
BCPC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BCPC
BCPC
HL
HL
Revenue
$270.7M
$448.1M
Net Profit
$40.3M
$134.4M
Gross Margin
55.4%
Operating Margin
20.5%
49.1%
Net Margin
14.9%
30.0%
Revenue YoY
8.1%
79.5%
Net Profit YoY
8.7%
1027.2%
EPS (diluted)
$1.25
$0.20

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
HL
HL
Q1 26
$270.7M
Q4 25
$263.6M
$448.1M
Q3 25
$267.6M
$409.5M
Q2 25
$255.5M
$304.0M
Q1 25
$250.5M
$261.3M
Q4 24
$240.0M
$249.7M
Q3 24
$239.9M
$245.1M
Q2 24
$234.1M
$245.7M
Net Profit
BCPC
BCPC
HL
HL
Q1 26
$40.3M
Q4 25
$39.2M
$134.4M
Q3 25
$40.3M
$100.7M
Q2 25
$38.3M
$57.7M
Q1 25
$37.1M
$28.9M
Q4 24
$33.6M
$11.9M
Q3 24
$33.8M
$1.8M
Q2 24
$32.1M
$27.9M
Gross Margin
BCPC
BCPC
HL
HL
Q1 26
Q4 25
35.6%
55.4%
Q3 25
35.7%
44.1%
Q2 25
36.4%
39.3%
Q1 25
35.2%
28.3%
Q4 24
36.0%
27.4%
Q3 24
35.6%
24.2%
Q2 24
35.5%
20.9%
Operating Margin
BCPC
BCPC
HL
HL
Q1 26
20.5%
Q4 25
19.8%
49.1%
Q3 25
20.4%
36.3%
Q2 25
20.1%
30.8%
Q1 25
20.4%
20.0%
Q4 24
19.8%
15.3%
Q3 24
20.0%
9.2%
Q2 24
19.6%
16.5%
Net Margin
BCPC
BCPC
HL
HL
Q1 26
14.9%
Q4 25
14.9%
30.0%
Q3 25
15.1%
24.6%
Q2 25
15.0%
19.0%
Q1 25
14.8%
11.0%
Q4 24
14.0%
4.8%
Q3 24
14.1%
0.7%
Q2 24
13.7%
11.3%
EPS (diluted)
BCPC
BCPC
HL
HL
Q1 26
$1.25
Q4 25
$1.21
$0.20
Q3 25
$1.24
$0.15
Q2 25
$1.17
$0.09
Q1 25
$1.13
$0.05
Q4 24
$1.03
$0.03
Q3 24
$1.03
$0.00
Q2 24
$0.98
$0.04

Balance Sheet & Financial Strength

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

Metric
BCPC
BCPC
HL
HL
Cash + ST InvestmentsLiquidity on hand
$72.9M
$301.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$2.6B
Total Assets
$1.7B
$3.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
HL
HL
Q1 26
$72.9M
Q4 25
$74.6M
$301.2M
Q3 25
$65.1M
$133.9M
Q2 25
$65.4M
$296.6M
Q1 25
$49.9M
$23.7M
Q4 24
$49.5M
$26.9M
Q3 24
$73.7M
$22.3M
Q2 24
$63.7M
$24.6M
Stockholders' Equity
BCPC
BCPC
HL
HL
Q1 26
$1.3B
Q4 25
$1.3B
$2.6B
Q3 25
$1.3B
$2.4B
Q2 25
$1.3B
$2.3B
Q1 25
$1.2B
$2.1B
Q4 24
$1.1B
$2.0B
Q3 24
$1.2B
$2.0B
Q2 24
$1.1B
$2.0B
Total Assets
BCPC
BCPC
HL
HL
Q1 26
$1.7B
Q4 25
$1.7B
$3.6B
Q3 25
$1.7B
$3.2B
Q2 25
$1.7B
$3.3B
Q1 25
$1.6B
$3.0B
Q4 24
$1.6B
$3.0B
Q3 24
$1.6B
$3.0B
Q2 24
$1.6B
$2.9B

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
HL
HL
Operating Cash FlowLast quarter
$40.1M
$217.1M
Free Cash FlowOCF − Capex
$33.8M
$134.7M
FCF MarginFCF / Revenue
12.5%
30.1%
Capex IntensityCapex / Revenue
2.3%
18.4%
Cash ConversionOCF / Net Profit
0.99×
1.61×
TTM Free Cash FlowTrailing 4 quarters
$310.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
HL
HL
Q1 26
$40.1M
Q4 25
$67.3M
$217.1M
Q3 25
$65.6M
$148.0M
Q2 25
$47.3M
$161.8M
Q1 25
$36.5M
$35.7M
Q4 24
$52.3M
$67.5M
Q3 24
$51.3M
$55.0M
Q2 24
$45.0M
$78.7M
Free Cash Flow
BCPC
BCPC
HL
HL
Q1 26
$33.8M
Q4 25
$134.7M
Q3 25
$90.1M
Q2 25
$103.8M
Q1 25
$-18.4M
Q4 24
$6.7M
Q3 24
$-690.0K
Q2 24
$28.3M
FCF Margin
BCPC
BCPC
HL
HL
Q1 26
12.5%
Q4 25
30.1%
Q3 25
22.0%
Q2 25
34.1%
Q1 25
-7.0%
Q4 24
2.7%
Q3 24
-0.3%
Q2 24
11.5%
Capex Intensity
BCPC
BCPC
HL
HL
Q1 26
2.3%
Q4 25
18.4%
Q3 25
14.1%
Q2 25
19.1%
Q1 25
20.7%
Q4 24
24.3%
Q3 24
22.7%
Q2 24
20.5%
Cash Conversion
BCPC
BCPC
HL
HL
Q1 26
0.99×
Q4 25
1.72×
1.61×
Q3 25
1.63×
1.47×
Q2 25
1.23×
2.80×
Q1 25
0.98×
1.24×
Q4 24
1.56×
5.66×
Q3 24
1.52×
31.24×
Q2 24
1.40×
2.82×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCPC
BCPC

Segment breakdown not available.

HL
HL

Silver Contracts$258.5M58%
Gold$129.2M29%
Zinc$30.3M7%
Lead$23.3M5%
Environmental Remediation Services$9.2M2%

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