vs
BALCHEM CORP（BCPC）与MACERICH CO（MAC）财务数据对比。点击上方公司名可切换其他公司
BALCHEM CORP的季度营收约是MACERICH CO的1.0倍（$270.7M vs $261.7M），BALCHEM CORP净利率更高（14.9% vs -7.2%，领先22.1%），BALCHEM CORP同比增速更快（8.1% vs -4.4%），过去两年MACERICH CO的营收复合增速更高（12.0% vs 7.5%）
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。
Macerich是一家专注于购物中心投资的房地产投资信托基金，为美国第三大购物中心持有及运营商。截至2024年12月31日，公司共持有43处物业的权益，可租赁总面积达4300万平方英尺，公司名称由创始人Mace Siegel与Richard Cohen的名字组合而来。
BCPC vs MAC — 直观对比
营收规模更大
BCPC
是对方的1.0倍
$261.7M
营收增速更快
BCPC
高出12.4%
-4.4%
净利率更高
BCPC
高出22.1%
-7.2%
两年增速更快
MAC
近两年复合增速
7.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.7M | $261.7M |
| 净利润 | $40.3M | $-18.8M |
| 毛利率 | — | — |
| 营业利润率 | 20.5% | — |
| 净利率 | 14.9% | -7.2% |
| 营收同比 | 8.1% | -4.4% |
| 净利润同比 | 8.7% | 91.1% |
| 每股收益（稀释后） | $1.25 | $-0.08 |
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BCPCMAC
| Q1 26 | $270.7M | — | ||
| Q4 25 | $263.6M | $261.7M | ||
| Q3 25 | $267.6M | $253.3M | ||
| Q2 25 | $255.5M | $249.8M | ||
| Q1 25 | $250.5M | $249.2M | ||
| Q4 24 | $240.0M | $273.7M | ||
| Q3 24 | $239.9M | $220.2M | ||
| Q2 24 | $234.1M | $215.5M |
净利润BCPCMAC
| Q1 26 | $40.3M | — | ||
| Q4 25 | $39.2M | $-18.8M | ||
| Q3 25 | $40.3M | $-87.4M | ||
| Q2 25 | $38.3M | $-40.9M | ||
| Q1 25 | $37.1M | $-50.1M | ||
| Q4 24 | $33.6M | $-211.2M | ||
| Q3 24 | $33.8M | $-108.2M | ||
| Q2 24 | $32.1M | $252.0M |
毛利率BCPCMAC
| 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% | — |
营业利润率BCPCMAC
| 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% | — |
净利率BCPCMAC
| Q1 26 | 14.9% | — | ||
| Q4 25 | 14.9% | -7.2% | ||
| Q3 25 | 15.1% | -34.5% | ||
| Q2 25 | 15.0% | -16.4% | ||
| Q1 25 | 14.8% | -20.1% | ||
| Q4 24 | 14.0% | -77.2% | ||
| Q3 24 | 14.1% | -49.1% | ||
| Q2 24 | 13.7% | 116.9% |
每股收益（稀释后）BCPCMAC
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.21 | $-0.08 | ||
| Q3 25 | $1.24 | $-0.34 | ||
| Q2 25 | $1.17 | $-0.16 | ||
| Q1 25 | $1.13 | $-0.20 | ||
| Q4 24 | $1.03 | $-0.95 | ||
| Q3 24 | $1.03 | $-0.50 | ||
| Q2 24 | $0.98 | $1.16 |
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 | $280.2M |
| 总债务越低越好 | — | $5.1B |
| 股东权益账面价值 | $1.3B | $2.4B |
| 总资产 | $1.7B | $8.4B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资BCPCMAC
| Q1 26 | $72.9M | — | ||
| Q4 25 | $74.6M | $280.2M | ||
| Q3 25 | $65.1M | $290.2M | ||
| Q2 25 | $65.4M | $131.1M | ||
| Q1 25 | $49.9M | $253.2M | ||
| Q4 24 | $49.5M | $89.9M | ||
| Q3 24 | $73.7M | $116.5M | ||
| Q2 24 | $63.7M | $70.7M |
总债务BCPCMAC
| Q1 26 | — | — | ||
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | — | $5.2B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | — | $4.9B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B |
股东权益BCPCMAC
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $2.4B | ||
| Q3 25 | $1.3B | $2.5B | ||
| Q2 25 | $1.3B | $2.6B | ||
| Q1 25 | $1.2B | $2.7B | ||
| Q4 24 | $1.1B | $2.8B | ||
| Q3 24 | $1.2B | $2.5B | ||
| Q2 24 | $1.1B | $2.5B |
总资产BCPCMAC
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.7B | $8.4B | ||
| Q3 25 | $1.7B | $8.4B | ||
| Q2 25 | $1.7B | $8.7B | ||
| Q1 25 | $1.6B | $8.7B | ||
| Q4 24 | $1.6B | $8.6B | ||
| Q3 24 | $1.6B | $7.6B | ||
| Q2 24 | $1.6B | $7.8B |
负债/权益比BCPCMAC
| Q1 26 | — | — | ||
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.02× | ||
| Q2 25 | — | 2.02× | ||
| Q1 25 | — | 1.96× | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | 1.73× | ||
| Q2 24 | — | 1.75× |
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 | $50.2M |
| 自由现金流经营现金流 - 资本支出 | $33.8M | — |
| 自由现金流率自由现金流/营收 | 12.5% | — |
| 资本支出强度资本支出/营收 | 2.3% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流BCPCMAC
| Q1 26 | $40.1M | — | ||
| Q4 25 | $67.3M | $50.2M | ||
| Q3 25 | $65.6M | $112.4M | ||
| Q2 25 | $47.3M | $70.5M | ||
| Q1 25 | $36.5M | $88.5M | ||
| Q4 24 | $52.3M | $54.9M | ||
| Q3 24 | $51.3M | $100.0M | ||
| Q2 24 | $45.0M | $67.4M |
自由现金流BCPCMAC
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率BCPCMAC
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度BCPCMAC
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率BCPCMAC
| 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× | 0.27× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
