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BALCHEM CORP（BCPC）与迈心诺（MASI）财务数据对比。点击上方公司名可切换其他公司
迈心诺的季度营收约是BALCHEM CORP的1.4倍（$371.5M vs $270.7M），BALCHEM CORP净利率更高（14.9% vs -27.0%，领先41.9%），BALCHEM CORP同比增速更快（8.1% vs -26.4%），迈心诺自由现金流更多（$50.9M vs $33.8M），过去两年BALCHEM CORP的营收复合增速更高（7.5% vs -17.7%）
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。
迈心诺（Masimo Corporation）是总部位于美国加利福尼亚州尔湾的健康科技及消费电子企业，核心产品包括面向医院及家用场景的患者监护设备、无创传感器及配套软件平台，同时也布局了消费级音频和可穿戴设备赛道。
BCPC vs MASI — 直观对比
营收规模更大
MASI
是对方的1.4倍
$270.7M
营收增速更快
BCPC
高出34.4%
-26.4%
净利率更高
BCPC
高出41.9%
-27.0%
自由现金流更多
MASI
多$17.1M
$33.8M
两年增速更快
BCPC
近两年复合增速
-17.7%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.7M | $371.5M |
| 净利润 | $40.3M | $-100.4M |
| 毛利率 | — | 62.1% |
| 营业利润率 | 20.5% | 22.5% |
| 净利率 | 14.9% | -27.0% |
| 营收同比 | 8.1% | -26.4% |
| 净利润同比 | 8.7% | -1124.5% |
| 每股收益（稀释后） | $1.25 | $-1.84 |
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BCPCMASI
| Q1 26 | $270.7M | — | ||
| Q4 25 | $263.6M | — | ||
| Q3 25 | $267.6M | $371.5M | ||
| Q2 25 | $255.5M | $370.9M | ||
| Q1 25 | $250.5M | $372.0M | ||
| Q4 24 | $240.0M | $600.7M | ||
| Q3 24 | $239.9M | $504.6M | ||
| Q2 24 | $234.1M | $496.3M |
净利润BCPCMASI
| Q1 26 | $40.3M | — | ||
| Q4 25 | $39.2M | — | ||
| Q3 25 | $40.3M | $-100.4M | ||
| Q2 25 | $38.3M | $51.3M | ||
| Q1 25 | $37.1M | $-170.7M | ||
| Q4 24 | $33.6M | $-349.6M | ||
| Q3 24 | $33.8M | $9.8M | ||
| Q2 24 | $32.1M | $16.0M |
毛利率BCPCMASI
| Q1 26 | — | — | ||
| Q4 25 | 35.6% | — | ||
| Q3 25 | 35.7% | 62.1% | ||
| Q2 25 | 36.4% | 62.9% | ||
| Q1 25 | 35.2% | 62.9% | ||
| Q4 24 | 36.0% | 40.7% | ||
| Q3 24 | 35.6% | 52.2% | ||
| Q2 24 | 35.5% | 51.3% |
营业利润率BCPCMASI
| Q1 26 | 20.5% | — | ||
| Q4 25 | 19.8% | — | ||
| Q3 25 | 20.4% | 22.5% | ||
| Q2 25 | 20.1% | 17.4% | ||
| Q1 25 | 20.4% | 21.0% | ||
| Q4 24 | 19.8% | -59.8% | ||
| Q3 24 | 20.0% | 6.0% | ||
| Q2 24 | 19.6% | 5.7% |
净利率BCPCMASI
| Q1 26 | 14.9% | — | ||
| Q4 25 | 14.9% | — | ||
| Q3 25 | 15.1% | -27.0% | ||
| Q2 25 | 15.0% | 13.8% | ||
| Q1 25 | 14.8% | -45.9% | ||
| Q4 24 | 14.0% | -58.2% | ||
| Q3 24 | 14.1% | 1.9% | ||
| Q2 24 | 13.7% | 3.2% |
每股收益（稀释后）BCPCMASI
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.21 | — | ||
| Q3 25 | $1.24 | $-1.84 | ||
| Q2 25 | $1.17 | $0.94 | ||
| Q1 25 | $1.13 | $-3.12 | ||
| Q4 24 | $1.03 | $-6.54 | ||
| Q3 24 | $1.03 | $0.18 | ||
| Q2 24 | $0.98 | $0.29 |
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 | $312.3M |
| 总债务越低越好 | — | $559.1M |
| 股东权益账面价值 | $1.3B | $810.0M |
| 总资产 | $1.7B | $1.8B |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资BCPCMASI
| Q1 26 | $72.9M | — | ||
| Q4 25 | $74.6M | — | ||
| Q3 25 | $65.1M | $312.3M | ||
| Q2 25 | $65.4M | $149.6M | ||
| Q1 25 | $49.9M | $130.8M | ||
| Q4 24 | $49.5M | $177.6M | ||
| Q3 24 | $73.7M | $158.5M | ||
| Q2 24 | $63.7M | $129.6M |
总债务BCPCMASI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $559.1M | ||
| Q2 25 | — | $613.7M | ||
| Q1 25 | — | $651.0M | ||
| Q4 24 | — | $765.2M | ||
| Q3 24 | — | $772.6M | ||
| Q2 24 | — | $781.6M |
股东权益BCPCMASI
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | $810.0M | ||
| Q2 25 | $1.3B | $1.0B | ||
| Q1 25 | $1.2B | $946.4M | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.2B | $1.5B | ||
| Q2 24 | $1.1B | $1.4B |
总资产BCPCMASI
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | $1.8B | ||
| Q2 25 | $1.7B | $2.4B | ||
| Q1 25 | $1.6B | $2.3B | ||
| Q4 24 | $1.6B | $2.6B | ||
| Q3 24 | $1.6B | $3.1B | ||
| Q2 24 | $1.6B | $2.9B |
负债/权益比BCPCMASI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.59× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | 0.57× |
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 | $56.8M |
| 自由现金流经营现金流 - 资本支出 | $33.8M | $50.9M |
| 自由现金流率自由现金流/营收 | 12.5% | 13.7% |
| 资本支出强度资本支出/营收 | 2.3% | 1.6% |
| 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 | — | $191.0M |
8季度趋势，按日历期对齐
经营现金流BCPCMASI
| Q1 26 | $40.1M | — | ||
| Q4 25 | $67.3M | — | ||
| Q3 25 | $65.6M | $56.8M | ||
| Q2 25 | $47.3M | $69.4M | ||
| Q1 25 | $36.5M | $31.1M | ||
| Q4 24 | $52.3M | $50.5M | ||
| Q3 24 | $51.3M | $25.6M | ||
| Q2 24 | $45.0M | $74.5M |
自由现金流BCPCMASI
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $50.9M | ||
| Q2 25 | — | $65.6M | ||
| Q1 25 | — | $28.5M | ||
| Q4 24 | — | $46.0M | ||
| Q3 24 | — | $16.9M | ||
| Q2 24 | — | $66.9M |
自由现金流率BCPCMASI
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 13.7% | ||
| Q2 25 | — | 17.7% | ||
| Q1 25 | — | 7.7% | ||
| Q4 24 | — | 7.7% | ||
| Q3 24 | — | 3.3% | ||
| Q2 24 | — | 13.5% |
资本支出强度BCPCMASI
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 1.5% |
现金转化率BCPCMASI
| Q1 26 | 0.99× | — | ||
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.63× | — | ||
| Q2 25 | 1.23× | 1.35× | ||
| Q1 25 | 0.98× | — | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | 1.52× | 2.61× | ||
| Q2 24 | 1.40× | 4.66× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
