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Side-by-side financial comparison of BALCHEM CORP (BCPC) and Limbach Holdings, Inc. (LMB). Click either name above to swap in a different company.
BALCHEM CORP is the larger business by last-quarter revenue ($270.7M vs $186.9M, roughly 1.4× Limbach Holdings, Inc.). BALCHEM CORP runs the higher net margin — 14.9% vs 6.6%, a 8.3% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (30.1% vs 8.1%). BALCHEM CORP produced more free cash flow last quarter ($33.8M vs $27.9M). Over the past eight quarters, Limbach Holdings, Inc.'s revenue compounded faster (25.3% 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.
Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.
BCPC vs LMB — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.7M | $186.9M |
| Net Profit | $40.3M | $12.3M |
| Gross Margin | — | 25.7% |
| Operating Margin | 20.5% | 9.4% |
| Net Margin | 14.9% | 6.6% |
| Revenue YoY | 8.1% | 30.1% |
| Net Profit YoY | 8.7% | 25.0% |
| EPS (diluted) | $1.25 | $1.01 |
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.
| Q1 26 | $270.7M | — | ||
| Q4 25 | $263.6M | $186.9M | ||
| Q3 25 | $267.6M | $184.6M | ||
| Q2 25 | $255.5M | $142.2M | ||
| Q1 25 | $250.5M | $133.1M | ||
| Q4 24 | $240.0M | $143.7M | ||
| Q3 24 | $239.9M | $133.9M | ||
| Q2 24 | $234.1M | $122.2M |
| Q1 26 | $40.3M | — | ||
| Q4 25 | $39.2M | $12.3M | ||
| Q3 25 | $40.3M | $8.8M | ||
| Q2 25 | $38.3M | $7.8M | ||
| Q1 25 | $37.1M | $10.2M | ||
| Q4 24 | $33.6M | $9.8M | ||
| Q3 24 | $33.8M | $7.5M | ||
| Q2 24 | $32.1M | $6.0M |
| Q1 26 | — | — | ||
| Q4 25 | 35.6% | 25.7% | ||
| Q3 25 | 35.7% | 24.2% | ||
| Q2 25 | 36.4% | 28.0% | ||
| Q1 25 | 35.2% | 27.6% | ||
| Q4 24 | 36.0% | 30.3% | ||
| Q3 24 | 35.6% | 27.0% | ||
| Q2 24 | 35.5% | 27.4% |
| Q1 26 | 20.5% | — | ||
| Q4 25 | 19.8% | 9.4% | ||
| Q3 25 | 20.4% | 7.2% | ||
| Q2 25 | 20.1% | 7.5% | ||
| Q1 25 | 20.4% | 5.9% | ||
| Q4 24 | 19.8% | 9.1% | ||
| Q3 24 | 20.0% | 8.1% | ||
| Q2 24 | 19.6% | 6.7% |
| Q1 26 | 14.9% | — | ||
| Q4 25 | 14.9% | 6.6% | ||
| Q3 25 | 15.1% | 4.8% | ||
| Q2 25 | 15.0% | 5.5% | ||
| Q1 25 | 14.8% | 7.7% | ||
| Q4 24 | 14.0% | 6.9% | ||
| Q3 24 | 14.1% | 5.6% | ||
| Q2 24 | 13.7% | 4.9% |
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.21 | $1.01 | ||
| Q3 25 | $1.24 | $0.73 | ||
| Q2 25 | $1.17 | $0.64 | ||
| Q1 25 | $1.13 | $0.85 | ||
| Q4 24 | $1.03 | $0.81 | ||
| Q3 24 | $1.03 | $0.62 | ||
| Q2 24 | $0.98 | $0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $72.9M | $11.3M |
| Total DebtLower is stronger | — | $30.5M |
| Stockholders' EquityBook value | $1.3B | $195.7M |
| Total Assets | $1.7B | $381.1M |
| Debt / EquityLower = less leverage | — | 0.16× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $72.9M | — | ||
| Q4 25 | $74.6M | $11.3M | ||
| Q3 25 | $65.1M | $9.8M | ||
| Q2 25 | $65.4M | $38.9M | ||
| Q1 25 | $49.9M | $38.1M | ||
| Q4 24 | $49.5M | $44.9M | ||
| Q3 24 | $73.7M | $51.2M | ||
| Q2 24 | $63.7M | $59.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $30.5M | ||
| Q3 25 | — | $56.3M | ||
| Q2 25 | — | $28.4M | ||
| Q1 25 | — | $23.7M | ||
| Q4 24 | — | $23.6M | ||
| Q3 24 | — | $20.5M | ||
| Q2 24 | — | $19.7M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $195.7M | ||
| Q3 25 | $1.3B | $181.6M | ||
| Q2 25 | $1.3B | $170.5M | ||
| Q1 25 | $1.2B | $161.1M | ||
| Q4 24 | $1.1B | $153.5M | ||
| Q3 24 | $1.2B | $142.2M | ||
| Q2 24 | $1.1B | $133.0M |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.7B | $381.1M | ||
| Q3 25 | $1.7B | $409.1M | ||
| Q2 25 | $1.7B | $343.0M | ||
| Q1 25 | $1.6B | $336.4M | ||
| Q4 24 | $1.6B | $352.1M | ||
| Q3 24 | $1.6B | $324.4M | ||
| Q2 24 | $1.6B | $303.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 0.15× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.15× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $40.1M | $28.1M |
| Free Cash FlowOCF − Capex | $33.8M | $27.9M |
| FCF MarginFCF / Revenue | 12.5% | 14.9% |
| Capex IntensityCapex / Revenue | 2.3% | 0.1% |
| Cash ConversionOCF / Net Profit | 0.99× | 2.29× |
| TTM Free Cash FlowTrailing 4 quarters | — | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $40.1M | — | ||
| Q4 25 | $67.3M | $28.1M | ||
| Q3 25 | $65.6M | $13.3M | ||
| Q2 25 | $47.3M | $2.0M | ||
| Q1 25 | $36.5M | $2.2M | ||
| Q4 24 | $52.3M | $19.3M | ||
| Q3 24 | $51.3M | $4.9M | ||
| Q2 24 | $45.0M | $16.5M |
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | $27.9M | ||
| Q3 25 | — | $12.8M | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | $11.0K | ||
| Q4 24 | — | $18.0M | ||
| Q3 24 | — | $4.6M | ||
| Q2 24 | — | $13.2M |
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | 14.9% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 12.5% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | 10.8% |
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 2.7% |
| Q1 26 | 0.99× | — | ||
| Q4 25 | 1.72× | 2.29× | ||
| Q3 25 | 1.63× | 1.52× | ||
| Q2 25 | 1.23× | 0.26× | ||
| Q1 25 | 0.98× | 0.22× | ||
| Q4 24 | 1.56× | 1.96× | ||
| Q3 24 | 1.52× | 0.66× | ||
| Q2 24 | 1.40× | 2.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BCPC
Segment breakdown not available.
LMB
| Owner Direct Relationships Segment | $145.0M | 78% |
| General Contractor Construction Manager Relationships Segment | $41.9M | 22% |
