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Side-by-side financial comparison of BALCHEM CORP (BCPC) and ONESPAWORLD HOLDINGS Ltd (OSW). Click either name above to swap in a different company.

BALCHEM CORP is the larger business by last-quarter revenue ($263.6M vs $242.1M, roughly 1.1× ONESPAWORLD HOLDINGS Ltd). BALCHEM CORP runs the higher net margin — 14.9% vs 5.0%, a 9.9% gap on every dollar of revenue. On growth, ONESPAWORLD HOLDINGS Ltd posted the faster year-over-year revenue change (11.5% vs 9.8%). Over the past eight quarters, ONESPAWORLD HOLDINGS Ltd's revenue compounded faster (7.1% CAGR vs 4.9%).

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.

BCPC vs OSW — Head-to-Head

Bigger by revenue
BCPC
BCPC
1.1× larger
BCPC
$263.6M
$242.1M
OSW
Growing faster (revenue YoY)
OSW
OSW
+1.6% gap
OSW
11.5%
9.8%
BCPC
Higher net margin
BCPC
BCPC
9.9% more per $
BCPC
14.9%
5.0%
OSW
Faster 2-yr revenue CAGR
OSW
OSW
Annualised
OSW
7.1%
4.9%
BCPC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BCPC
BCPC
OSW
OSW
Revenue
$263.6M
$242.1M
Net Profit
$39.2M
$12.1M
Gross Margin
35.6%
Operating Margin
19.8%
6.8%
Net Margin
14.9%
5.0%
Revenue YoY
9.8%
11.5%
Net Profit YoY
16.8%
-16.2%
EPS (diluted)
$1.21
$0.12

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
OSW
OSW
Q4 25
$263.6M
$242.1M
Q3 25
$267.6M
$258.5M
Q2 25
$255.5M
$240.7M
Q1 25
$250.5M
$219.6M
Q4 24
$240.0M
$217.2M
Q3 24
$239.9M
$241.7M
Q2 24
$234.1M
$224.9M
Q1 24
$239.7M
$211.2M
Net Profit
BCPC
BCPC
OSW
OSW
Q4 25
$39.2M
$12.1M
Q3 25
$40.3M
$24.3M
Q2 25
$38.3M
$19.9M
Q1 25
$37.1M
$15.3M
Q4 24
$33.6M
$14.4M
Q3 24
$33.8M
$21.6M
Q2 24
$32.1M
$15.8M
Q1 24
$29.0M
$21.2M
Gross Margin
BCPC
BCPC
OSW
OSW
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 24
34.0%
Operating Margin
BCPC
BCPC
OSW
OSW
Q4 25
19.8%
6.8%
Q3 25
20.4%
10.2%
Q2 25
20.1%
9.2%
Q1 25
20.4%
7.7%
Q4 24
19.8%
7.9%
Q3 24
20.0%
10.3%
Q2 24
19.6%
8.4%
Q1 24
17.4%
8.0%
Net Margin
BCPC
BCPC
OSW
OSW
Q4 25
14.9%
5.0%
Q3 25
15.1%
9.4%
Q2 25
15.0%
8.3%
Q1 25
14.8%
7.0%
Q4 24
14.0%
6.6%
Q3 24
14.1%
8.9%
Q2 24
13.7%
7.0%
Q1 24
12.1%
10.0%
EPS (diluted)
BCPC
BCPC
OSW
OSW
Q4 25
$1.21
$0.12
Q3 25
$1.24
$0.23
Q2 25
$1.17
$0.19
Q1 25
$1.13
$0.15
Q4 24
$1.03
$0.13
Q3 24
$1.03
$0.20
Q2 24
$0.98
$0.15
Q1 24
$0.89
$0.21

Balance Sheet & Financial Strength

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

Metric
BCPC
BCPC
OSW
OSW
Cash + ST InvestmentsLiquidity on hand
$74.6M
$16.3M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$1.3B
$542.6M
Total Assets
$1.7B
$707.1M
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
OSW
OSW
Q4 25
$74.6M
$16.3M
Q3 25
$65.1M
$29.6M
Q2 25
$65.4M
$35.0M
Q1 25
$49.9M
$22.6M
Q4 24
$49.5M
$57.4M
Q3 24
$73.7M
$48.8M
Q2 24
$63.7M
$62.5M
Q1 24
$60.3M
$65.4M
Total Debt
BCPC
BCPC
OSW
OSW
Q4 25
$84.0M
Q3 25
$85.2M
Q2 25
$96.2M
Q1 25
$97.4M
Q4 24
$98.6M
Q3 24
$98.7M
Q2 24
$123.8M
Q1 24
$138.6M
Stockholders' Equity
BCPC
BCPC
OSW
OSW
Q4 25
$1.3B
$542.6M
Q3 25
$1.3B
$552.8M
Q2 25
$1.3B
$548.3M
Q1 25
$1.2B
$530.6M
Q4 24
$1.1B
$554.5M
Q3 24
$1.2B
$540.1M
Q2 24
$1.1B
$532.7M
Q1 24
$1.1B
$515.5M
Total Assets
BCPC
BCPC
OSW
OSW
Q4 25
$1.7B
$707.1M
Q3 25
$1.7B
$732.6M
Q2 25
$1.7B
$731.8M
Q1 25
$1.6B
$708.7M
Q4 24
$1.6B
$746.4M
Q3 24
$1.6B
$734.0M
Q2 24
$1.6B
$756.8M
Q1 24
$1.6B
$763.6M
Debt / Equity
BCPC
BCPC
OSW
OSW
Q4 25
0.15×
Q3 25
0.15×
Q2 25
0.18×
Q1 25
0.18×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.23×
Q1 24
0.27×

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
OSW
OSW
Operating Cash FlowLast quarter
$67.3M
$20.0M
Free Cash FlowOCF − Capex
$14.9M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
1.72×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$68.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
OSW
OSW
Q4 25
$67.3M
$20.0M
Q3 25
$65.6M
$33.2M
Q2 25
$47.3M
$20.3M
Q1 25
$36.5M
$10.1M
Q4 24
$52.3M
$16.6M
Q3 24
$51.3M
$28.6M
Q2 24
$45.0M
$18.7M
Q1 24
$33.4M
$15.0M
Free Cash Flow
BCPC
BCPC
OSW
OSW
Q4 25
$14.9M
Q3 25
$27.6M
Q2 25
$17.6M
Q1 25
$8.4M
Q4 24
$13.2M
Q3 24
$27.5M
Q2 24
$17.6M
Q1 24
$13.7M
FCF Margin
BCPC
BCPC
OSW
OSW
Q4 25
6.2%
Q3 25
10.7%
Q2 25
7.3%
Q1 25
3.8%
Q4 24
6.1%
Q3 24
11.4%
Q2 24
7.8%
Q1 24
6.5%
Capex Intensity
BCPC
BCPC
OSW
OSW
Q4 25
2.1%
Q3 25
2.2%
Q2 25
1.1%
Q1 25
0.8%
Q4 24
1.5%
Q3 24
0.5%
Q2 24
0.5%
Q1 24
0.6%
Cash Conversion
BCPC
BCPC
OSW
OSW
Q4 25
1.72×
1.65×
Q3 25
1.63×
1.36×
Q2 25
1.23×
1.02×
Q1 25
0.98×
0.66×
Q4 24
1.56×
1.15×
Q3 24
1.52×
1.33×
Q2 24
1.40×
1.19×
Q1 24
1.15×
0.71×

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%

OSW
OSW

Services$197.3M82%
Products$44.8M18%

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