vs

Side-by-side financial comparison of BALCHEM CORP (BCPC) and Piedmont Realty Trust, Inc. (PDM). Click either name above to swap in a different company.

BALCHEM CORP is the larger business by last-quarter revenue ($270.7M vs $143.3M, roughly 1.9× Piedmont Realty Trust, Inc.). BALCHEM CORP runs the higher net margin — 14.9% vs -31.4%, a 46.3% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (8.1% vs 0.4%). Over the past eight quarters, BALCHEM CORP's revenue compounded faster (7.5% CAGR vs 0.0%).

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.

Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.

BCPC vs PDM — Head-to-Head

Bigger by revenue
BCPC
BCPC
1.9× larger
BCPC
$270.7M
$143.3M
PDM
Growing faster (revenue YoY)
BCPC
BCPC
+7.6% gap
BCPC
8.1%
0.4%
PDM
Higher net margin
BCPC
BCPC
46.3% more per $
BCPC
14.9%
-31.4%
PDM
Faster 2-yr revenue CAGR
BCPC
BCPC
Annualised
BCPC
7.5%
0.0%
PDM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BCPC
BCPC
PDM
PDM
Revenue
$270.7M
$143.3M
Net Profit
$40.3M
$-45.0M
Gross Margin
Operating Margin
20.5%
Net Margin
14.9%
-31.4%
Revenue YoY
8.1%
0.4%
Net Profit YoY
8.7%
-27.9%
EPS (diluted)
$1.25
$-0.10

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
PDM
PDM
Q1 26
$270.7M
$143.3M
Q4 25
$263.6M
$142.9M
Q3 25
$267.6M
$139.2M
Q2 25
$255.5M
$140.3M
Q1 25
$250.5M
$142.7M
Q4 24
$240.0M
$143.2M
Q3 24
$239.9M
$139.3M
Q2 24
$234.1M
$143.3M
Net Profit
BCPC
BCPC
PDM
PDM
Q1 26
$40.3M
$-45.0M
Q4 25
$39.2M
$-43.2M
Q3 25
$40.3M
$-13.5M
Q2 25
$38.3M
$-16.8M
Q1 25
$37.1M
$-10.1M
Q4 24
$33.6M
$-30.0M
Q3 24
$33.8M
$-11.5M
Q2 24
$32.1M
$-9.8M
Gross Margin
BCPC
BCPC
PDM
PDM
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
PDM
PDM
Q1 26
20.5%
Q4 25
19.8%
Q3 25
20.4%
Q2 25
20.1%
Q1 25
20.4%
Q4 24
19.8%
Q3 24
20.0%
Q2 24
19.6%
Net Margin
BCPC
BCPC
PDM
PDM
Q1 26
14.9%
-31.4%
Q4 25
14.9%
-30.3%
Q3 25
15.1%
-9.7%
Q2 25
15.0%
-12.0%
Q1 25
14.8%
-7.1%
Q4 24
14.0%
-20.9%
Q3 24
14.1%
-8.3%
Q2 24
13.7%
-6.8%
EPS (diluted)
BCPC
BCPC
PDM
PDM
Q1 26
$1.25
$-0.10
Q4 25
$1.21
$-0.34
Q3 25
$1.24
$-0.11
Q2 25
$1.17
$-0.14
Q1 25
$1.13
$-0.08
Q4 24
$1.03
$-0.25
Q3 24
$1.03
$-0.09
Q2 24
$0.98
$-0.08

Balance Sheet & Financial Strength

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

Metric
BCPC
BCPC
PDM
PDM
Cash + ST InvestmentsLiquidity on hand
$72.9M
$2.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$1.5B
Total Assets
$1.7B
$4.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
PDM
PDM
Q1 26
$72.9M
$2.3M
Q4 25
$74.6M
$731.0K
Q3 25
$65.1M
$3.0M
Q2 25
$65.4M
$3.3M
Q1 25
$49.9M
$2.9M
Q4 24
$49.5M
$109.6M
Q3 24
$73.7M
$133.6M
Q2 24
$63.7M
$138.5M
Total Debt
BCPC
BCPC
PDM
PDM
Q1 26
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Stockholders' Equity
BCPC
BCPC
PDM
PDM
Q1 26
$1.3B
$1.5B
Q4 25
$1.3B
$1.5B
Q3 25
$1.3B
$1.5B
Q2 25
$1.3B
$1.5B
Q1 25
$1.2B
$1.6B
Q4 24
$1.1B
$1.6B
Q3 24
$1.2B
$1.6B
Q2 24
$1.1B
$1.7B
Total Assets
BCPC
BCPC
PDM
PDM
Q1 26
$1.7B
$4.0B
Q4 25
$1.7B
$4.0B
Q3 25
$1.7B
$4.0B
Q2 25
$1.7B
$4.0B
Q1 25
$1.6B
$4.0B
Q4 24
$1.6B
$4.1B
Q3 24
$1.6B
$4.1B
Q2 24
$1.6B
$4.2B
Debt / Equity
BCPC
BCPC
PDM
PDM
Q1 26
Q4 25
1.49×
Q3 25
1.43×
Q2 25
1.41×
Q1 25
1.40×
Q4 24
1.40×
Q3 24
1.36×
Q2 24
1.34×

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
PDM
PDM
Operating Cash FlowLast quarter
$40.1M
Free Cash FlowOCF − Capex
$33.8M
FCF MarginFCF / Revenue
12.5%
Capex IntensityCapex / Revenue
2.3%
110.3%
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
PDM
PDM
Q1 26
$40.1M
Q4 25
$67.3M
$140.6M
Q3 25
$65.6M
$35.8M
Q2 25
$47.3M
$50.1M
Q1 25
$36.5M
$3.7M
Q4 24
$52.3M
$198.1M
Q3 24
$51.3M
$42.9M
Q2 24
$45.0M
$66.8M
Free Cash Flow
BCPC
BCPC
PDM
PDM
Q1 26
$33.8M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
BCPC
BCPC
PDM
PDM
Q1 26
12.5%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
BCPC
BCPC
PDM
PDM
Q1 26
2.3%
110.3%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
BCPC
BCPC
PDM
PDM
Q1 26
0.99×
Q4 25
1.72×
Q3 25
1.63×
Q2 25
1.23×
Q1 25
0.98×
Q4 24
1.56×
Q3 24
1.52×
Q2 24
1.40×

Financial Flow Comparison

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

Related Comparisons