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Side-by-side financial comparison of BALCHEM CORP (BCPC) and MGIC INVESTMENT CORP (MTG). Click either name above to swap in a different company.
MGIC INVESTMENT CORP is the larger business by last-quarter revenue ($297.1M vs $270.7M, roughly 1.1× BALCHEM CORP). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs 14.9%, a 40.8% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (8.1% vs -3.0%). Over the past eight quarters, BALCHEM CORP's revenue compounded faster (7.5% CAGR vs -1.4%).
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.
MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.
BCPC vs MTG — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $270.7M | $297.1M |
| Net Profit | $40.3M | $165.3M |
| Gross Margin | — | — |
| Operating Margin | 20.5% | — |
| Net Margin | 14.9% | 55.6% |
| Revenue YoY | 8.1% | -3.0% |
| Net Profit YoY | 8.7% | -10.9% |
| EPS (diluted) | $1.25 | $0.76 |
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 | $297.1M | ||
| Q4 25 | $263.6M | $298.7M | ||
| Q3 25 | $267.6M | $304.5M | ||
| Q2 25 | $255.5M | $304.2M | ||
| Q1 25 | $250.5M | $306.2M | ||
| Q4 24 | $240.0M | $301.4M | ||
| Q3 24 | $239.9M | $306.6M | ||
| Q2 24 | $234.1M | $305.3M |
| Q1 26 | $40.3M | $165.3M | ||
| Q4 25 | $39.2M | $169.3M | ||
| Q3 25 | $40.3M | $191.1M | ||
| Q2 25 | $38.3M | $192.5M | ||
| Q1 25 | $37.1M | $185.5M | ||
| Q4 24 | $33.6M | $184.7M | ||
| Q3 24 | $33.8M | $200.0M | ||
| Q2 24 | $32.1M | $204.2M |
| Q1 26 | — | — | ||
| Q4 25 | 35.6% | — | ||
| Q3 25 | 35.7% | — | ||
| Q2 25 | 36.4% | — | ||
| Q1 25 | 35.2% | — | ||
| Q4 24 | 36.0% | — | ||
| Q3 24 | 35.6% | — | ||
| Q2 24 | 35.5% | — |
| Q1 26 | 20.5% | — | ||
| Q4 25 | 19.8% | 71.2% | ||
| Q3 25 | 20.4% | 77.2% | ||
| Q2 25 | 20.1% | 80.9% | ||
| Q1 25 | 20.4% | 76.6% | ||
| Q4 24 | 19.8% | 77.9% | ||
| Q3 24 | 20.0% | 82.9% | ||
| Q2 24 | 19.6% | 85.1% |
| Q1 26 | 14.9% | 55.6% | ||
| Q4 25 | 14.9% | 56.7% | ||
| Q3 25 | 15.1% | 62.8% | ||
| Q2 25 | 15.0% | 63.3% | ||
| Q1 25 | 14.8% | 60.6% | ||
| Q4 24 | 14.0% | 61.3% | ||
| Q3 24 | 14.1% | 65.2% | ||
| Q2 24 | 13.7% | 66.9% |
| Q1 26 | $1.25 | $0.76 | ||
| Q4 25 | $1.21 | $0.75 | ||
| Q3 25 | $1.24 | $0.83 | ||
| Q2 25 | $1.17 | $0.81 | ||
| Q1 25 | $1.13 | $0.75 | ||
| Q4 24 | $1.03 | $0.71 | ||
| Q3 24 | $1.03 | $0.77 | ||
| Q2 24 | $0.98 | $0.77 |
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 | $235.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $5.0B |
| Total Assets | $1.7B | $6.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $72.9M | $235.1M | ||
| Q4 25 | $74.6M | $369.0M | ||
| Q3 25 | $65.1M | $266.9M | ||
| Q2 25 | $65.4M | $294.9M | ||
| Q1 25 | $49.9M | $207.0M | ||
| Q4 24 | $49.5M | $229.5M | ||
| Q3 24 | $73.7M | $288.6M | ||
| Q2 24 | $63.7M | $281.8M |
| Q1 26 | $1.3B | $5.0B | ||
| Q4 25 | $1.3B | $5.1B | ||
| Q3 25 | $1.3B | $5.2B | ||
| Q2 25 | $1.3B | $5.2B | ||
| Q1 25 | $1.2B | $5.1B | ||
| Q4 24 | $1.1B | $5.2B | ||
| Q3 24 | $1.2B | $5.3B | ||
| Q2 24 | $1.1B | $5.1B |
| Q1 26 | $1.7B | $6.4B | ||
| Q4 25 | $1.7B | $6.6B | ||
| Q3 25 | $1.7B | $6.6B | ||
| Q2 25 | $1.7B | $6.5B | ||
| Q1 25 | $1.6B | $6.5B | ||
| Q4 24 | $1.6B | $6.5B | ||
| Q3 24 | $1.6B | $6.7B | ||
| Q2 24 | $1.6B | $6.5B |
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 | — |
| Free Cash FlowOCF − Capex | $33.8M | — |
| FCF MarginFCF / Revenue | 12.5% | — |
| Capex IntensityCapex / Revenue | 2.3% | — |
| Cash ConversionOCF / Net Profit | 0.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $40.1M | — | ||
| Q4 25 | $67.3M | $230.8M | ||
| Q3 25 | $65.6M | $215.4M | ||
| Q2 25 | $47.3M | $183.0M | ||
| Q1 25 | $36.5M | $223.7M | ||
| Q4 24 | $52.3M | $182.4M | ||
| Q3 24 | $51.3M | $182.9M | ||
| Q2 24 | $45.0M | $169.2M |
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | $230.2M | ||
| Q3 25 | — | $215.1M | ||
| Q2 25 | — | $183.0M | ||
| Q1 25 | — | $223.5M | ||
| Q4 24 | — | $181.9M | ||
| Q3 24 | — | $182.5M | ||
| Q2 24 | — | $169.0M |
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | 77.1% | ||
| Q3 25 | — | 70.6% | ||
| Q2 25 | — | 60.1% | ||
| Q1 25 | — | 73.0% | ||
| Q4 24 | — | 60.3% | ||
| Q3 24 | — | 59.5% | ||
| Q2 24 | — | 55.3% |
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.1% |
| Q1 26 | 0.99× | — | ||
| Q4 25 | 1.72× | 1.36× | ||
| Q3 25 | 1.63× | 1.13× | ||
| Q2 25 | 1.23× | 0.95× | ||
| Q1 25 | 0.98× | 1.21× | ||
| Q4 24 | 1.56× | 0.99× | ||
| Q3 24 | 1.52× | 0.91× | ||
| Q2 24 | 1.40× | 0.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
