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BALCHEM CORP（BCPC）与哈雷戴维森（HOG）财务数据对比。点击上方公司名可切换其他公司
哈雷戴维森的季度营收约是BALCHEM CORP的1.4倍（$390.5M vs $270.7M），BALCHEM CORP净利率更高（14.9% vs -72.3%，领先87.2%），BALCHEM CORP同比增速更快（8.1% vs -9.4%），哈雷戴维森自由现金流更多（$100.4M vs $33.8M），过去两年BALCHEM CORP的营收复合增速更高（7.5% vs -48.6%）
Balchem Corp是一家全球特种化学品与营养原料供应商，核心业务覆盖人类营养、动物保健、制药、工业应用四大领域，为北美、欧洲、亚太等地区的客户提供定制化专用原料产品。
哈雷戴维森是源自美国的摩托车制造商与生活方式品牌，总部位于威斯康星州密尔沃基，创立于1903年。它是大萧条时期幸存下来的两大美国摩托车厂商之一，历经多次股权变动、子公司调整、经营困境与全球竞争，如今已是全球知名的标志性品牌。
BCPC vs HOG — 直观对比
营收规模更大
HOG
是对方的1.4倍
$270.7M
营收增速更快
BCPC
高出17.4%
-9.4%
净利率更高
BCPC
高出87.2%
-72.3%
自由现金流更多
HOG
多$66.6M
$33.8M
两年增速更快
BCPC
近两年复合增速
-48.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.7M | $390.5M |
| 净利润 | $40.3M | $-282.6M |
| 毛利率 | — | -7.9% |
| 营业利润率 | 20.5% | -92.4% |
| 净利率 | 14.9% | -72.3% |
| 营收同比 | 8.1% | -9.4% |
| 净利润同比 | 8.7% | -138.6% |
| 每股收益（稀释后） | $1.25 | $-2.27 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BCPCHOG
| Q1 26 | $270.7M | — | ||
| Q4 25 | $263.6M | $390.5M | ||
| Q3 25 | $267.6M | $1.1B | ||
| Q2 25 | $255.5M | $1.0B | ||
| Q1 25 | $250.5M | $1.1B | ||
| Q4 24 | $240.0M | $430.9M | ||
| Q3 24 | $239.9M | $881.2M | ||
| Q2 24 | $234.1M | $1.4B |
净利润BCPCHOG
| Q1 26 | $40.3M | — | ||
| Q4 25 | $39.2M | $-282.6M | ||
| Q3 25 | $40.3M | $377.4M | ||
| Q2 25 | $38.3M | $107.6M | ||
| Q1 25 | $37.1M | $133.1M | ||
| Q4 24 | $33.6M | $-118.4M | ||
| Q3 24 | $33.8M | $119.0M | ||
| Q2 24 | $32.1M | $218.3M |
毛利率BCPCHOG
| Q1 26 | — | — | ||
| Q4 25 | 35.6% | -7.9% | ||
| Q3 25 | 35.7% | 26.0% | ||
| Q2 25 | 36.4% | 28.5% | ||
| Q1 25 | 35.2% | 28.9% | ||
| Q4 24 | 36.0% | -2.0% | ||
| Q3 24 | 35.6% | 29.8% | ||
| Q2 24 | 35.5% | 31.8% |
营业利润率BCPCHOG
| Q1 26 | 20.5% | — | ||
| Q4 25 | 19.8% | -92.4% | ||
| Q3 25 | 20.4% | 44.0% | ||
| Q2 25 | 20.1% | 10.7% | ||
| Q1 25 | 20.4% | 14.8% | ||
| Q4 24 | 19.8% | -44.9% | ||
| Q3 24 | 20.0% | 12.0% | ||
| Q2 24 | 19.6% | 17.8% |
净利率BCPCHOG
| Q1 26 | 14.9% | — | ||
| Q4 25 | 14.9% | -72.3% | ||
| Q3 25 | 15.1% | 35.0% | ||
| Q2 25 | 15.0% | 10.2% | ||
| Q1 25 | 14.8% | 12.3% | ||
| Q4 24 | 14.0% | -27.5% | ||
| Q3 24 | 14.1% | 13.5% | ||
| Q2 24 | 13.7% | 16.1% |
每股收益（稀释后）BCPCHOG
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.21 | $-2.27 | ||
| Q3 25 | $1.24 | $3.10 | ||
| Q2 25 | $1.17 | $0.88 | ||
| Q1 25 | $1.13 | $1.07 | ||
| Q4 24 | $1.03 | $-0.82 | ||
| Q3 24 | $1.03 | $0.91 | ||
| Q2 24 | $0.98 | $1.63 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $72.9M | $3.1B |
| 总债务越低越好 | — | $2.5B |
| 股东权益账面价值 | $1.3B | $3.1B |
| 总资产 | $1.7B | $8.0B |
| 负债/权益比越低杠杆越低 | — | 0.79× |
8季度趋势，按日历期对齐
现金及短期投资BCPCHOG
| Q1 26 | $72.9M | — | ||
| Q4 25 | $74.6M | $3.1B | ||
| Q3 25 | $65.1M | $1.8B | ||
| Q2 25 | $65.4M | $1.6B | ||
| Q1 25 | $49.9M | $1.9B | ||
| Q4 24 | $49.5M | $1.6B | ||
| Q3 24 | $73.7M | $2.2B | ||
| Q2 24 | $63.7M | $1.8B |
总债务BCPCHOG
| Q1 26 | — | — | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.8B | ||
| Q4 24 | — | $6.3B | ||
| Q3 24 | — | $7.3B | ||
| Q2 24 | — | $7.0B |
股东权益BCPCHOG
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $3.1B | ||
| Q3 25 | $1.3B | $3.6B | ||
| Q2 25 | $1.3B | $3.3B | ||
| Q1 25 | $1.2B | $3.2B | ||
| Q4 24 | $1.1B | $3.2B | ||
| Q3 24 | $1.2B | $3.4B | ||
| Q2 24 | $1.1B | $3.4B |
总资产BCPCHOG
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.7B | $8.0B | ||
| Q3 25 | $1.7B | $10.6B | ||
| Q2 25 | $1.7B | $12.1B | ||
| Q1 25 | $1.6B | $12.4B | ||
| Q4 24 | $1.6B | $11.9B | ||
| Q3 24 | $1.6B | $13.0B | ||
| Q2 24 | $1.6B | $12.8B |
负债/权益比BCPCHOG
| Q1 26 | — | — | ||
| Q4 25 | — | 0.79× | ||
| Q3 25 | — | 1.25× | ||
| Q2 25 | — | 1.91× | ||
| Q1 25 | — | 2.14× | ||
| Q4 24 | — | 2.00× | ||
| Q3 24 | — | 2.13× | ||
| Q2 24 | — | 2.03× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $40.1M | $152.0M |
| 自由现金流经营现金流 - 资本支出 | $33.8M | $100.4M |
| 自由现金流率自由现金流/营收 | 12.5% | 25.7% |
| 资本支出强度资本支出/营收 | 2.3% | 13.2% |
| 现金转化率经营现金流/净利润 | 0.99× | — |
| 过去12个月自由现金流最近4个季度 | — | $415.2M |
8季度趋势，按日历期对齐
经营现金流BCPCHOG
| Q1 26 | $40.1M | — | ||
| Q4 25 | $67.3M | $152.0M | ||
| Q3 25 | $65.6M | $-92.6M | ||
| Q2 25 | $47.3M | $368.0M | ||
| Q1 25 | $36.5M | $141.5M | ||
| Q4 24 | $52.3M | $133.2M | ||
| Q3 24 | $51.3M | $353.0M | ||
| Q2 24 | $45.0M | $473.6M |
自由现金流BCPCHOG
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | $100.4M | ||
| Q3 25 | — | $-129.1M | ||
| Q2 25 | — | $332.4M | ||
| Q1 25 | — | $111.6M | ||
| Q4 24 | — | $77.0M | ||
| Q3 24 | — | $300.4M | ||
| Q2 24 | — | $432.2M |
自由现金流率BCPCHOG
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | 25.7% | ||
| Q3 25 | — | -12.0% | ||
| Q2 25 | — | 31.7% | ||
| Q1 25 | — | 10.3% | ||
| Q4 24 | — | 17.9% | ||
| Q3 24 | — | 34.1% | ||
| Q2 24 | — | 31.9% |
资本支出强度BCPCHOG
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | 13.2% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | — | 6.0% | ||
| Q2 24 | — | 3.1% |
现金转化率BCPCHOG
| Q1 26 | 0.99× | — | ||
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.63× | -0.25× | ||
| Q2 25 | 1.23× | 3.42× | ||
| Q1 25 | 0.98× | 1.06× | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | 1.52× | 2.97× | ||
| Q2 24 | 1.40× | 2.17× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BCPC
暂无分部数据
HOG
| Motorcycles | $193.9M | 50% |
| Other | $63.8M | 16% |
| Other Income Financial Services | $59.8M | 15% |
| Apparel | $47.2M | 12% |
| Livewire Segment | $11.4M | 3% |
