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BALCHEM CORP（BCPC）与KADANT INC（KAI）财务数据对比。点击上方公司名可切换其他公司
KADANT INC的季度营收约是BALCHEM CORP的1.0倍（$271.6M vs $270.7M），BALCHEM CORP净利率更高（14.9% vs 10.2%，领先4.7%），BALCHEM CORP同比增速更快（8.1% vs -0.0%），KADANT INC自由现金流更多（$44.1M vs $33.8M），过去两年BALCHEM CORP的营收复合增速更高（7.5% vs 6.7%）
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。
Kadant Inc.创立于1991年，最初是Thermo Electron的子公司，部分股权私有、部分公开交易，2001年完成完全分拆并启用现名。公司服务于造纸、废纸回收、木材加工、物料搬运等多个加工领域，是业务覆盖亚洲、欧洲、北美、南美的跨国企业。
BCPC vs KAI — 直观对比
营收规模更大
KAI
是对方的1.0倍
$270.7M
营收增速更快
BCPC
高出8.1%
-0.0%
净利率更高
BCPC
高出4.7%
10.2%
自由现金流更多
KAI
多$10.2M
$33.8M
两年增速更快
BCPC
近两年复合增速
6.7%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.7M | $271.6M |
| 净利润 | $40.3M | $27.7M |
| 毛利率 | — | 45.2% |
| 营业利润率 | 20.5% | 15.7% |
| 净利率 | 14.9% | 10.2% |
| 营收同比 | 8.1% | -0.0% |
| 净利润同比 | 8.7% | -12.2% |
| 每股收益（稀释后） | $1.25 | $2.35 |
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BCPCKAI
| Q1 26 | $270.7M | — | ||
| Q4 25 | $263.6M | — | ||
| Q3 25 | $267.6M | $271.6M | ||
| Q2 25 | $255.5M | $255.3M | ||
| Q1 25 | $250.5M | $239.2M | ||
| Q4 24 | $240.0M | $258.0M | ||
| Q3 24 | $239.9M | $271.6M | ||
| Q2 24 | $234.1M | $274.8M |
净利润BCPCKAI
| Q1 26 | $40.3M | — | ||
| Q4 25 | $39.2M | — | ||
| Q3 25 | $40.3M | $27.7M | ||
| Q2 25 | $38.3M | $26.2M | ||
| Q1 25 | $37.1M | $24.1M | ||
| Q4 24 | $33.6M | $24.0M | ||
| Q3 24 | $33.8M | $31.6M | ||
| Q2 24 | $32.1M | $31.3M |
毛利率BCPCKAI
| Q1 26 | — | — | ||
| Q4 25 | 35.6% | — | ||
| Q3 25 | 35.7% | 45.2% | ||
| Q2 25 | 36.4% | 45.9% | ||
| Q1 25 | 35.2% | 46.1% | ||
| Q4 24 | 36.0% | 43.4% | ||
| Q3 24 | 35.6% | 44.7% | ||
| Q2 24 | 35.5% | 44.4% |
营业利润率BCPCKAI
| Q1 26 | 20.5% | — | ||
| Q4 25 | 19.8% | — | ||
| Q3 25 | 20.4% | 15.7% | ||
| Q2 25 | 20.1% | 15.4% | ||
| Q1 25 | 20.4% | 14.9% | ||
| Q4 24 | 19.8% | 14.3% | ||
| Q3 24 | 20.0% | 18.0% | ||
| Q2 24 | 19.6% | 17.6% |
净利率BCPCKAI
| Q1 26 | 14.9% | — | ||
| Q4 25 | 14.9% | — | ||
| Q3 25 | 15.1% | 10.2% | ||
| Q2 25 | 15.0% | 10.2% | ||
| Q1 25 | 14.8% | 10.1% | ||
| Q4 24 | 14.0% | 9.3% | ||
| Q3 24 | 14.1% | 11.6% | ||
| Q2 24 | 13.7% | 11.4% |
每股收益（稀释后）BCPCKAI
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.21 | — | ||
| Q3 25 | $1.24 | $2.35 | ||
| Q2 25 | $1.17 | $2.22 | ||
| Q1 25 | $1.13 | $2.04 | ||
| Q4 24 | $1.03 | $2.04 | ||
| Q3 24 | $1.03 | $2.68 | ||
| Q2 24 | $0.98 | $2.66 |
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 | $124.5M |
| 总债务越低越好 | — | $254.6M |
| 股东权益账面价值 | $1.3B | $949.8M |
| 总资产 | $1.7B | $1.5B |
| 负债/权益比越低杠杆越低 | — | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资BCPCKAI
| Q1 26 | $72.9M | — | ||
| Q4 25 | $74.6M | — | ||
| Q3 25 | $65.1M | $124.5M | ||
| Q2 25 | $65.4M | $95.3M | ||
| Q1 25 | $49.9M | $91.7M | ||
| Q4 24 | $49.5M | $94.7M | ||
| Q3 24 | $73.7M | $88.4M | ||
| Q2 24 | $63.7M | $73.8M |
总债务BCPCKAI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $254.6M | ||
| Q2 25 | — | $245.7M | ||
| Q1 25 | — | $273.5M | ||
| Q4 24 | — | $285.2M | ||
| Q3 24 | — | $323.2M | ||
| Q2 24 | — | $342.0M |
股东权益BCPCKAI
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | $949.8M | ||
| Q2 25 | $1.3B | $926.0M | ||
| Q1 25 | $1.2B | $876.0M | ||
| Q4 24 | $1.1B | $847.1M | ||
| Q3 24 | $1.2B | $851.7M | ||
| Q2 24 | $1.1B | $807.7M |
总资产BCPCKAI
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | $1.5B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.6B | $1.4B | ||
| Q3 24 | $1.6B | $1.5B | ||
| Q2 24 | $1.6B | $1.5B |
负债/权益比BCPCKAI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.42× |
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 | $47.3M |
| 自由现金流经营现金流 - 资本支出 | $33.8M | $44.1M |
| 自由现金流率自由现金流/营收 | 12.5% | 16.2% |
| 资本支出强度资本支出/营收 | 2.3% | 1.2% |
| 现金转化率经营现金流/净利润 | 0.99× | 1.70× |
| 过去12个月自由现金流最近4个季度 | — | $145.9M |
8季度趋势，按日历期对齐
经营现金流BCPCKAI
| Q1 26 | $40.1M | — | ||
| Q4 25 | $67.3M | — | ||
| Q3 25 | $65.6M | $47.3M | ||
| Q2 25 | $47.3M | $40.5M | ||
| Q1 25 | $36.5M | $22.8M | ||
| Q4 24 | $52.3M | $51.9M | ||
| Q3 24 | $51.3M | $52.5M | ||
| Q2 24 | $45.0M | $28.1M |
自由现金流BCPCKAI
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $44.1M | ||
| Q2 25 | — | $36.5M | ||
| Q1 25 | — | $19.0M | ||
| Q4 24 | — | $46.3M | ||
| Q3 24 | — | $48.3M | ||
| Q2 24 | — | $23.1M |
自由现金流率BCPCKAI
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 16.2% | ||
| Q2 25 | — | 14.3% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | — | 17.9% | ||
| Q3 24 | — | 17.8% | ||
| Q2 24 | — | 8.4% |
资本支出强度BCPCKAI
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 1.8% |
现金转化率BCPCKAI
| Q1 26 | 0.99× | — | ||
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.63× | 1.70× | ||
| Q2 25 | 1.23× | 1.55× | ||
| Q1 25 | 0.98× | 0.95× | ||
| Q4 24 | 1.56× | 2.16× | ||
| Q3 24 | 1.52× | 1.66× | ||
| Q2 24 | 1.40× | 0.90× |
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
KAI
| Flow Control | $94.8M | 35% |
| Capital | $83.2M | 31% |
| Material Handling Systems | $70.3M | 26% |
| Transferred Over Time | $17.1M | 6% |
| Other | $6.1M | 2% |
