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Side-by-side financial comparison of BALCHEM CORP (BCPC) and BOSTON BEER CO INC (SAM). Click either name above to swap in a different company.

BOSTON BEER CO INC is the larger business by last-quarter revenue ($385.7M vs $263.6M, roughly 1.5× BALCHEM CORP). BALCHEM CORP runs the higher net margin — 14.9% vs -5.8%, a 20.7% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (9.8% vs -4.1%). Over the past eight quarters, BALCHEM CORP's revenue compounded faster (4.9% 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.

The Boston Beer Company is an American brewery founded in 1984 by James "Jim" Koch and Rhonda Kallman. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery.

BCPC vs SAM — Head-to-Head

Bigger by revenue
SAM
SAM
1.5× larger
SAM
$385.7M
$263.6M
BCPC
Growing faster (revenue YoY)
BCPC
BCPC
+14.0% gap
BCPC
9.8%
-4.1%
SAM
Higher net margin
BCPC
BCPC
20.7% more per $
BCPC
14.9%
-5.8%
SAM
Faster 2-yr revenue CAGR
BCPC
BCPC
Annualised
BCPC
4.9%
-4.9%
SAM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BCPC
BCPC
SAM
SAM
Revenue
$263.6M
$385.7M
Net Profit
$39.2M
$-22.5M
Gross Margin
35.6%
43.5%
Operating Margin
19.8%
-8.6%
Net Margin
14.9%
-5.8%
Revenue YoY
9.8%
-4.1%
Net Profit YoY
16.8%
41.9%
EPS (diluted)
$1.21
$-1.97

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
SAM
SAM
Q4 25
$263.6M
$385.7M
Q3 25
$267.6M
$537.5M
Q2 25
$255.5M
$587.9M
Q1 25
$250.5M
$453.9M
Q4 24
$240.0M
$402.3M
Q3 24
$239.9M
$605.5M
Q2 24
$234.1M
$579.1M
Q1 24
$239.7M
$426.1M
Net Profit
BCPC
BCPC
SAM
SAM
Q4 25
$39.2M
$-22.5M
Q3 25
$40.3M
$46.2M
Q2 25
$38.3M
$60.4M
Q1 25
$37.1M
$24.4M
Q4 24
$33.6M
$-38.8M
Q3 24
$33.8M
$33.5M
Q2 24
$32.1M
$52.3M
Q1 24
$29.0M
$12.6M
Gross Margin
BCPC
BCPC
SAM
SAM
Q4 25
35.6%
43.5%
Q3 25
35.7%
50.8%
Q2 25
36.4%
49.8%
Q1 25
35.2%
48.3%
Q4 24
36.0%
39.9%
Q3 24
35.6%
46.3%
Q2 24
35.5%
46.0%
Q1 24
34.0%
43.7%
Operating Margin
BCPC
BCPC
SAM
SAM
Q4 25
19.8%
-8.6%
Q3 25
20.4%
11.5%
Q2 25
20.1%
14.0%
Q1 25
20.4%
7.4%
Q4 24
19.8%
-13.9%
Q3 24
20.0%
7.6%
Q2 24
19.6%
12.2%
Q1 24
17.4%
3.6%
Net Margin
BCPC
BCPC
SAM
SAM
Q4 25
14.9%
-5.8%
Q3 25
15.1%
8.6%
Q2 25
15.0%
10.3%
Q1 25
14.8%
5.4%
Q4 24
14.0%
-9.6%
Q3 24
14.1%
5.5%
Q2 24
13.7%
9.0%
Q1 24
12.1%
3.0%
EPS (diluted)
BCPC
BCPC
SAM
SAM
Q4 25
$1.21
$-1.97
Q3 25
$1.24
$4.25
Q2 25
$1.17
$5.45
Q1 25
$1.13
$2.16
Q4 24
$1.03
$-3.23
Q3 24
$1.03
$2.86
Q2 24
$0.98
$4.39
Q1 24
$0.89
$1.04

Balance Sheet & Financial Strength

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

Metric
BCPC
BCPC
SAM
SAM
Cash + ST InvestmentsLiquidity on hand
$74.6M
$223.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$846.3M
Total Assets
$1.7B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
SAM
SAM
Q4 25
$74.6M
$223.4M
Q3 25
$65.1M
$250.5M
Q2 25
$65.4M
$212.4M
Q1 25
$49.9M
$152.5M
Q4 24
$49.5M
$211.8M
Q3 24
$73.7M
$255.6M
Q2 24
$63.7M
$219.3M
Q1 24
$60.3M
$205.4M
Stockholders' Equity
BCPC
BCPC
SAM
SAM
Q4 25
$1.3B
$846.3M
Q3 25
$1.3B
$911.0M
Q2 25
$1.3B
$912.3M
Q1 25
$1.2B
$897.0M
Q4 24
$1.1B
$916.2M
Q3 24
$1.2B
$1.0B
Q2 24
$1.1B
$1.0B
Q1 24
$1.1B
$1.0B
Total Assets
BCPC
BCPC
SAM
SAM
Q4 25
$1.7B
$1.2B
Q3 25
$1.7B
$1.2B
Q2 25
$1.7B
$1.3B
Q1 25
$1.6B
$1.2B
Q4 24
$1.6B
$1.3B
Q3 24
$1.6B
$1.4B
Q2 24
$1.6B
$1.4B
Q1 24
$1.6B
$1.4B

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
SAM
SAM
Operating Cash FlowLast quarter
$67.3M
$39.9M
Free Cash FlowOCF − Capex
$22.1M
FCF MarginFCF / Revenue
5.7%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$215.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
SAM
SAM
Q4 25
$67.3M
$39.9M
Q3 25
$65.6M
$101.8M
Q2 25
$47.3M
$126.5M
Q1 25
$36.5M
$1.9M
Q4 24
$52.3M
$41.9M
Q3 24
$51.3M
$115.9M
Q2 24
$45.0M
$96.0M
Q1 24
$33.4M
$-4.9M
Free Cash Flow
BCPC
BCPC
SAM
SAM
Q4 25
$22.1M
Q3 25
$89.2M
Q2 25
$112.2M
Q1 25
$-8.0M
Q4 24
$18.4M
Q3 24
$99.2M
Q2 24
$75.6M
Q1 24
$-20.6M
FCF Margin
BCPC
BCPC
SAM
SAM
Q4 25
5.7%
Q3 25
16.6%
Q2 25
19.1%
Q1 25
-1.8%
Q4 24
4.6%
Q3 24
16.4%
Q2 24
13.1%
Q1 24
-4.8%
Capex Intensity
BCPC
BCPC
SAM
SAM
Q4 25
4.6%
Q3 25
2.3%
Q2 25
2.4%
Q1 25
2.2%
Q4 24
5.8%
Q3 24
2.8%
Q2 24
3.5%
Q1 24
3.7%
Cash Conversion
BCPC
BCPC
SAM
SAM
Q4 25
1.72×
Q3 25
1.63×
2.21×
Q2 25
1.23×
2.09×
Q1 25
0.98×
0.08×
Q4 24
1.56×
Q3 24
1.52×
3.46×
Q2 24
1.40×
1.83×
Q1 24
1.15×
-0.39×

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%

SAM
SAM

Segment breakdown not available.

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