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Side-by-side financial comparison of BALCHEM CORP (BCPC) and NATIONAL HEALTHCARE CORP (NHC). Click either name above to swap in a different company.

NATIONAL HEALTHCARE CORP is the larger business by last-quarter revenue ($386.5M vs $270.7M, roughly 1.4× BALCHEM CORP). BALCHEM CORP runs the higher net margin — 14.9% vs 6.4%, a 8.5% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (8.1% vs 4.6%). BALCHEM CORP produced more free cash flow last quarter ($33.8M vs $6.4M). Over the past eight quarters, NATIONAL HEALTHCARE CORP's revenue compounded faster (14.0% 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.

HCA Healthcare, Inc. is an American global for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,400 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 20 states and the United Kingdom. As of 2024, HCA Healthcare is ranked #61 on the Fortune 500 rankings of the largest United States corporations by to...

BCPC vs NHC — Head-to-Head

Bigger by revenue
NHC
NHC
1.4× larger
NHC
$386.5M
$270.7M
BCPC
Growing faster (revenue YoY)
BCPC
BCPC
+3.4% gap
BCPC
8.1%
4.6%
NHC
Higher net margin
BCPC
BCPC
8.5% more per $
BCPC
14.9%
6.4%
NHC
More free cash flow
BCPC
BCPC
$27.4M more FCF
BCPC
$33.8M
$6.4M
NHC
Faster 2-yr revenue CAGR
NHC
NHC
Annualised
NHC
14.0%
7.5%
BCPC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BCPC
BCPC
NHC
NHC
Revenue
$270.7M
$386.5M
Net Profit
$40.3M
$24.8M
Gross Margin
Operating Margin
20.5%
8.6%
Net Margin
14.9%
6.4%
Revenue YoY
8.1%
4.6%
Net Profit YoY
8.7%
308.6%
EPS (diluted)
$1.25
$1.58

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
NHC
NHC
Q1 26
$270.7M
Q4 25
$263.6M
$386.5M
Q3 25
$267.6M
$382.7M
Q2 25
$255.5M
$374.9M
Q1 25
$250.5M
$373.7M
Q4 24
$240.0M
$369.4M
Q3 24
$239.9M
$340.2M
Q2 24
$234.1M
$300.7M
Net Profit
BCPC
BCPC
NHC
NHC
Q1 26
$40.3M
Q4 25
$39.2M
$24.8M
Q3 25
$40.3M
$39.2M
Q2 25
$38.3M
$23.7M
Q1 25
$37.1M
$32.2M
Q4 24
$33.6M
$6.1M
Q3 24
$33.8M
$42.8M
Q2 24
$32.1M
$26.8M
Gross Margin
BCPC
BCPC
NHC
NHC
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%
Operating Margin
BCPC
BCPC
NHC
NHC
Q1 26
20.5%
Q4 25
19.8%
8.6%
Q3 25
20.4%
7.9%
Q2 25
20.1%
9.1%
Q1 25
20.4%
8.2%
Q4 24
19.8%
7.8%
Q3 24
20.0%
6.7%
Q2 24
19.6%
7.5%
Net Margin
BCPC
BCPC
NHC
NHC
Q1 26
14.9%
Q4 25
14.9%
6.4%
Q3 25
15.1%
10.3%
Q2 25
15.0%
6.3%
Q1 25
14.8%
8.6%
Q4 24
14.0%
1.6%
Q3 24
14.1%
12.6%
Q2 24
13.7%
8.9%
EPS (diluted)
BCPC
BCPC
NHC
NHC
Q1 26
$1.25
Q4 25
$1.21
$1.58
Q3 25
$1.24
$2.50
Q2 25
$1.17
$1.52
Q1 25
$1.13
$2.07
Q4 24
$1.03
$0.38
Q3 24
$1.03
$2.73
Q2 24
$0.98
$1.73

Balance Sheet & Financial Strength

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

Metric
BCPC
BCPC
NHC
NHC
Cash + ST InvestmentsLiquidity on hand
$72.9M
$92.8M
Total DebtLower is stronger
$40.0M
Stockholders' EquityBook value
$1.3B
$1.1B
Total Assets
$1.7B
$1.5B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
NHC
NHC
Q1 26
$72.9M
Q4 25
$74.6M
$92.8M
Q3 25
$65.1M
$130.6M
Q2 25
$65.4M
$111.0M
Q1 25
$49.9M
$90.4M
Q4 24
$49.5M
$76.1M
Q3 24
$73.7M
$84.8M
Q2 24
$63.7M
$136.2M
Total Debt
BCPC
BCPC
NHC
NHC
Q1 26
Q4 25
$40.0M
Q3 25
$73.1M
Q2 25
$110.0M
Q1 25
$134.0M
Q4 24
$137.0M
Q3 24
$147.0M
Q2 24
Stockholders' Equity
BCPC
BCPC
NHC
NHC
Q1 26
$1.3B
Q4 25
$1.3B
$1.1B
Q3 25
$1.3B
$1.1B
Q2 25
$1.3B
$1.0B
Q1 25
$1.2B
$1.0B
Q4 24
$1.1B
$980.2M
Q3 24
$1.2B
$983.5M
Q2 24
$1.1B
$945.8M
Total Assets
BCPC
BCPC
NHC
NHC
Q1 26
$1.7B
Q4 25
$1.7B
$1.5B
Q3 25
$1.7B
$1.6B
Q2 25
$1.7B
$1.6B
Q1 25
$1.6B
$1.5B
Q4 24
$1.6B
$1.5B
Q3 24
$1.6B
$1.6B
Q2 24
$1.6B
$1.3B
Debt / Equity
BCPC
BCPC
NHC
NHC
Q1 26
Q4 25
0.04×
Q3 25
0.07×
Q2 25
0.11×
Q1 25
0.13×
Q4 24
0.14×
Q3 24
0.15×
Q2 24

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
NHC
NHC
Operating Cash FlowLast quarter
$40.1M
$16.8M
Free Cash FlowOCF − Capex
$33.8M
$6.4M
FCF MarginFCF / Revenue
12.5%
1.7%
Capex IntensityCapex / Revenue
2.3%
2.7%
Cash ConversionOCF / Net Profit
0.99×
0.68×
TTM Free Cash FlowTrailing 4 quarters
$148.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
NHC
NHC
Q1 26
$40.1M
Q4 25
$67.3M
$16.8M
Q3 25
$65.6M
$66.2M
Q2 25
$47.3M
$62.8M
Q1 25
$36.5M
$39.3M
Q4 24
$52.3M
$12.8M
Q3 24
$51.3M
$34.2M
Q2 24
$45.0M
$50.7M
Free Cash Flow
BCPC
BCPC
NHC
NHC
Q1 26
$33.8M
Q4 25
$6.4M
Q3 25
$56.5M
Q2 25
$52.6M
Q1 25
$33.1M
Q4 24
$4.6M
Q3 24
$28.6M
Q2 24
$42.8M
FCF Margin
BCPC
BCPC
NHC
NHC
Q1 26
12.5%
Q4 25
1.7%
Q3 25
14.8%
Q2 25
14.0%
Q1 25
8.9%
Q4 24
1.3%
Q3 24
8.4%
Q2 24
14.2%
Capex Intensity
BCPC
BCPC
NHC
NHC
Q1 26
2.3%
Q4 25
2.7%
Q3 25
2.5%
Q2 25
2.7%
Q1 25
1.6%
Q4 24
2.2%
Q3 24
1.7%
Q2 24
2.6%
Cash Conversion
BCPC
BCPC
NHC
NHC
Q1 26
0.99×
Q4 25
1.72×
0.68×
Q3 25
1.63×
1.69×
Q2 25
1.23×
2.65×
Q1 25
0.98×
1.22×
Q4 24
1.56×
2.10×
Q3 24
1.52×
0.80×
Q2 24
1.40×
1.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCPC
BCPC

Segment breakdown not available.

NHC
NHC

Inpatient Services Segment$333.7M86%
Homecare Services Segment$40.0M10%
Other$11.2M3%
National$1.6M0%

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