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BALCHEM CORP（BCPC）与Walker & Dunlop, Inc.（WD）财务数据对比。点击上方公司名可切换其他公司
Walker & Dunlop, Inc.的季度营收约是BALCHEM CORP的1.3倍（$340.0M vs $270.7M），BALCHEM CORP净利率更高（14.9% vs -12.9%，领先27.8%），BALCHEM CORP同比增速更快（8.1% vs -0.4%），BALCHEM CORP自由现金流更多（$33.8M vs $-680.1M），过去两年Walker & Dunlop, Inc.的营收复合增速更高（22.1% 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。
Walker & Dunlop, Inc.是美国乃至全球规模领先的商业地产金融与咨询服务机构，为客户提供覆盖商业地产领域的多元金融解决方案及专业咨询服务，业务辐射全球多个市场，在行业内拥有深厚的资源积累与广泛的市场认可度。
BCPC vs WD — 直观对比
营收规模更大
WD
是对方的1.3倍
$270.7M
营收增速更快
BCPC
高出8.5%
-0.4%
净利率更高
BCPC
高出27.8%
-12.9%
自由现金流更多
BCPC
多$713.9M
$-680.1M
两年增速更快
WD
近两年复合增速
7.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.7M | $340.0M |
| 净利润 | $40.3M | $-13.9M |
| 毛利率 | — | — |
| 营业利润率 | 20.5% | -17.2% |
| 净利率 | 14.9% | -12.9% |
| 营收同比 | 8.1% | -0.4% |
| 净利润同比 | 8.7% | -131.0% |
| 每股收益（稀释后） | $1.25 | $-0.41 |
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BCPCWD
| Q1 26 | $270.7M | — | ||
| Q4 25 | $263.6M | $340.0M | ||
| Q3 25 | $267.6M | $337.7M | ||
| Q2 25 | $255.5M | $319.2M | ||
| Q1 25 | $250.5M | $237.4M | ||
| Q4 24 | $240.0M | $341.5M | ||
| Q3 24 | $239.9M | $292.3M | ||
| Q2 24 | $234.1M | $270.7M |
净利润BCPCWD
| Q1 26 | $40.3M | — | ||
| Q4 25 | $39.2M | $-13.9M | ||
| Q3 25 | $40.3M | $33.5M | ||
| Q2 25 | $38.3M | $34.0M | ||
| Q1 25 | $37.1M | $2.8M | ||
| Q4 24 | $33.6M | $44.8M | ||
| Q3 24 | $33.8M | $28.8M | ||
| Q2 24 | $32.1M | $22.7M |
毛利率BCPCWD
| 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BCPCWD
| Q1 26 | 20.5% | — | ||
| Q4 25 | 19.8% | -17.2% | ||
| Q3 25 | 20.4% | 13.6% | ||
| Q2 25 | 20.1% | 14.5% | ||
| Q1 25 | 20.4% | 2.2% | ||
| Q4 24 | 19.8% | 15.3% | ||
| Q3 24 | 20.0% | 12.8% | ||
| Q2 24 | 19.6% | 10.4% |
净利率BCPCWD
| Q1 26 | 14.9% | — | ||
| Q4 25 | 14.9% | -12.9% | ||
| Q3 25 | 15.1% | 9.9% | ||
| Q2 25 | 15.0% | 10.6% | ||
| Q1 25 | 14.8% | 1.2% | ||
| Q4 24 | 14.0% | 13.1% | ||
| Q3 24 | 14.1% | 9.9% | ||
| Q2 24 | 13.7% | 8.4% |
每股收益（稀释后）BCPCWD
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.21 | $-0.41 | ||
| Q3 25 | $1.24 | $0.98 | ||
| Q2 25 | $1.17 | $0.99 | ||
| Q1 25 | $1.13 | $0.08 | ||
| Q4 24 | $1.03 | $1.32 | ||
| Q3 24 | $1.03 | $0.85 | ||
| Q2 24 | $0.98 | $0.67 |
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 | $299.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.3B | $1.7B |
| 总资产 | $1.7B | $5.1B |
| 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BCPCWD
| Q1 26 | $72.9M | — | ||
| Q4 25 | $74.6M | $299.3M | ||
| Q3 25 | $65.1M | $274.8M | ||
| Q2 25 | $65.4M | $233.7M | ||
| Q1 25 | $49.9M | $181.0M | ||
| Q4 24 | $49.5M | $279.3M | ||
| Q3 24 | $73.7M | $179.8M | ||
| Q2 24 | $63.7M | $208.1M |
股东权益BCPCWD
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $1.7B | ||
| Q3 25 | $1.3B | $1.8B | ||
| Q2 25 | $1.3B | $1.8B | ||
| Q1 25 | $1.2B | $1.7B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $1.2B | $1.7B | ||
| Q2 24 | $1.1B | $1.7B |
总资产BCPCWD
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.7B | $5.1B | ||
| Q3 25 | $1.7B | $5.8B | ||
| Q2 25 | $1.7B | $4.7B | ||
| Q1 25 | $1.6B | $4.5B | ||
| Q4 24 | $1.6B | $4.4B | ||
| Q3 24 | $1.6B | $4.6B | ||
| Q2 24 | $1.6B | $4.2B |
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 | $-664.3M |
| 自由现金流经营现金流 - 资本支出 | $33.8M | $-680.1M |
| 自由现金流率自由现金流/营收 | 12.5% | -200.0% |
| 资本支出强度资本支出/营收 | 2.3% | 4.6% |
| 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 | — | $-2.2B |
8季度趋势，按日历期对齐
经营现金流BCPCWD
| Q1 26 | $40.1M | — | ||
| Q4 25 | $67.3M | $-664.3M | ||
| Q3 25 | $65.6M | $-948.1M | ||
| Q2 25 | $47.3M | $-238.5M | ||
| Q1 25 | $36.5M | $-281.1M | ||
| Q4 24 | $52.3M | $129.4M | ||
| Q3 24 | $51.3M | $-202.0M | ||
| Q2 24 | $45.0M | $-237.8M |
自由现金流BCPCWD
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | $-680.1M | ||
| Q3 25 | — | $-950.4M | ||
| Q2 25 | — | $-241.0M | ||
| Q1 25 | — | $-284.7M | ||
| Q4 24 | — | $116.4M | ||
| Q3 24 | — | $-204.0M | ||
| Q2 24 | — | $-241.7M |
自由现金流率BCPCWD
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | -200.0% | ||
| Q3 25 | — | -281.5% | ||
| Q2 25 | — | -75.5% | ||
| Q1 25 | — | -120.0% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | — | -69.8% | ||
| Q2 24 | — | -89.3% |
资本支出强度BCPCWD
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 1.4% |
现金转化率BCPCWD
| Q1 26 | 0.99× | — | ||
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.63× | -28.34× | ||
| Q2 25 | 1.23× | -7.02× | ||
| Q1 25 | 0.98× | -102.07× | ||
| Q4 24 | 1.56× | 2.89× | ||
| Q3 24 | 1.52× | -7.01× | ||
| Q2 24 | 1.40× | -10.49× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
