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BALCHEM CORP（BCPC）与Mayville Engineering Company, Inc.（MEC）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Mayville Engineering Company, Inc.的2.0倍（$270.7M vs $134.3M），BALCHEM CORP净利率更高（14.9% vs -3.2%，领先18.1%），Mayville Engineering Company, Inc.同比增速更快（10.7% vs 8.1%），BALCHEM CORP自由现金流更多（$33.8M vs $10.2M），过去两年BALCHEM CORP的营收复合增速更高（7.5% vs -8.8%）
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。
Mayville Engineering Company（MEC）是总部位于美国的领先金属零部件、装配组件及定制工程解决方案供应商，主要服务农业、建筑、商用运输、国防、动力运动等领域的原始设备制造商客户，提供从原型开发到大规模量产的全流程服务。
BCPC vs MEC — 直观对比
营收规模更大
BCPC
是对方的2.0倍
$134.3M
营收增速更快
MEC
高出2.6%
8.1%
净利率更高
BCPC
高出18.1%
-3.2%
自由现金流更多
BCPC
多$23.7M
$10.2M
两年增速更快
BCPC
近两年复合增速
-8.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.7M | $134.3M |
| 净利润 | $40.3M | $-4.4M |
| 毛利率 | — | 6.8% |
| 营业利润率 | 20.5% | -4.1% |
| 净利率 | 14.9% | -3.2% |
| 营收同比 | 8.1% | 10.7% |
| 净利润同比 | 8.7% | -127.3% |
| 每股收益（稀释后） | $1.25 | $-0.22 |
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BCPCMEC
| Q1 26 | $270.7M | — | ||
| Q4 25 | $263.6M | $134.3M | ||
| Q3 25 | $267.6M | $144.3M | ||
| Q2 25 | $255.5M | $132.3M | ||
| Q1 25 | $250.5M | $135.6M | ||
| Q4 24 | $240.0M | $121.3M | ||
| Q3 24 | $239.9M | $135.4M | ||
| Q2 24 | $234.1M | $163.6M |
净利润BCPCMEC
| Q1 26 | $40.3M | — | ||
| Q4 25 | $39.2M | $-4.4M | ||
| Q3 25 | $40.3M | $-2.7M | ||
| Q2 25 | $38.3M | $-1.1M | ||
| Q1 25 | $37.1M | $20.0K | ||
| Q4 24 | $33.6M | $16.0M | ||
| Q3 24 | $33.8M | $3.0M | ||
| Q2 24 | $32.1M | $3.8M |
毛利率BCPCMEC
| Q1 26 | — | — | ||
| Q4 25 | 35.6% | 6.8% | ||
| Q3 25 | 35.7% | 11.0% | ||
| Q2 25 | 36.4% | 10.3% | ||
| Q1 25 | 35.2% | 11.3% | ||
| Q4 24 | 36.0% | 8.9% | ||
| Q3 24 | 35.6% | 12.6% | ||
| Q2 24 | 35.5% | 13.6% |
营业利润率BCPCMEC
| Q1 26 | 20.5% | — | ||
| Q4 25 | 19.8% | -4.1% | ||
| Q3 25 | 20.4% | 0.0% | ||
| Q2 25 | 20.1% | 0.1% | ||
| Q1 25 | 20.4% | 1.2% | ||
| Q4 24 | 19.8% | 19.0% | ||
| Q3 24 | 20.0% | 4.2% | ||
| Q2 24 | 19.6% | 5.0% |
净利率BCPCMEC
| Q1 26 | 14.9% | — | ||
| Q4 25 | 14.9% | -3.2% | ||
| Q3 25 | 15.1% | -1.9% | ||
| Q2 25 | 15.0% | -0.8% | ||
| Q1 25 | 14.8% | 0.0% | ||
| Q4 24 | 14.0% | 13.2% | ||
| Q3 24 | 14.1% | 2.2% | ||
| Q2 24 | 13.7% | 2.3% |
每股收益（稀释后）BCPCMEC
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.21 | $-0.22 | ||
| Q3 25 | $1.24 | $-0.13 | ||
| Q2 25 | $1.17 | $-0.05 | ||
| Q1 25 | $1.13 | $0.00 | ||
| Q4 24 | $1.03 | $0.76 | ||
| Q3 24 | $1.03 | $0.14 | ||
| Q2 24 | $0.98 | $0.18 |
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 | $1.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.3B | $240.7M |
| 总资产 | $1.7B | $563.6M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BCPCMEC
| Q1 26 | $72.9M | — | ||
| Q4 25 | $74.6M | $1.5M | ||
| Q3 25 | $65.1M | $1.2M | ||
| Q2 25 | $65.4M | $206.0K | ||
| Q1 25 | $49.9M | $183.0K | ||
| Q4 24 | $49.5M | $206.0K | ||
| Q3 24 | $73.7M | $178.0K | ||
| Q2 24 | $63.7M | $314.0K |
股东权益BCPCMEC
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $240.7M | ||
| Q3 25 | $1.3B | $244.8M | ||
| Q2 25 | $1.3B | $246.8M | ||
| Q1 25 | $1.2B | $250.0M | ||
| Q4 24 | $1.1B | $251.8M | ||
| Q3 24 | $1.2B | $238.4M | ||
| Q2 24 | $1.1B | $238.1M |
总资产BCPCMEC
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.7B | $563.6M | ||
| Q3 25 | $1.7B | $585.6M | ||
| Q2 25 | $1.7B | $433.7M | ||
| Q1 25 | $1.6B | $447.7M | ||
| Q4 24 | $1.6B | $445.6M | ||
| Q3 24 | $1.6B | $466.0M | ||
| Q2 24 | $1.6B | $488.2M |
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 | $13.4M |
| 自由现金流经营现金流 - 资本支出 | $33.8M | $10.2M |
| 自由现金流率自由现金流/营收 | 12.5% | 7.6% |
| 资本支出强度资本支出/营收 | 2.3% | 2.4% |
| 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 | — | $26.9M |
8季度趋势，按日历期对齐
经营现金流BCPCMEC
| Q1 26 | $40.1M | — | ||
| Q4 25 | $67.3M | $13.4M | ||
| Q3 25 | $65.6M | $1.9M | ||
| Q2 25 | $47.3M | $15.0M | ||
| Q1 25 | $36.5M | $8.3M | ||
| Q4 24 | $52.3M | $38.0M | ||
| Q3 24 | $51.3M | $17.9M | ||
| Q2 24 | $45.0M | $23.3M |
自由现金流BCPCMEC
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | $10.2M | ||
| Q3 25 | — | $-1.1M | ||
| Q2 25 | — | $12.5M | ||
| Q1 25 | — | $5.4M | ||
| Q4 24 | — | $35.6M | ||
| Q3 24 | — | $15.1M | ||
| Q2 24 | — | $19.2M |
自由现金流率BCPCMEC
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | 7.6% | ||
| Q3 25 | — | -0.8% | ||
| Q2 25 | — | 9.5% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 29.4% | ||
| Q3 24 | — | 11.1% | ||
| Q2 24 | — | 11.7% |
资本支出强度BCPCMEC
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 2.5% |
现金转化率BCPCMEC
| Q1 26 | 0.99× | — | ||
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.63× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 0.98× | 416.65× | ||
| Q4 24 | 1.56× | 2.38× | ||
| Q3 24 | 1.52× | 6.03× | ||
| Q2 24 | 1.40× | 6.15× |
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
MEC
| Fabrication | $72.2M | 54% |
| Construction And Access | $19.2M | 14% |
| Tubes | $16.2M | 12% |
| Other Market | $11.9M | 9% |
| Agriculture | $7.7M | 6% |
| Military | $6.7M | 5% |
| Outdoor Sports | $1.7M | 1% |
