BALCHEM CORP

Chemicals & Allied Products·MONTVALE, NJ·FY end 12/31·CIK 9326

CEO Pay Ratio

135:1

Ted Harris

CEO Total Comp

$56.2K

Ted Harris

Median Employee

$58,406

Revenue

$263.6M

FY 2025

Net Income

$39.2M

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

14.9%

Insider Net (180d)

-$1.2M

0 buys / 2 sales

CEO Pay Accountability

CEO comp as % of net income

0.14%

For every $1,000 of profit, $1.43 flows to the CEO.

CEO comp as % of buybacks

0.05%

CEO comp equals 0.5‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$263.6M	$240.0M	$228.7M	$232.5M	$799.0M
Gross Profit	$93.9M	$86.3M	$75.0M	$68.6M	$64.1M
Operating Income	$209.3M	$182.9M	$159.2M	$145.2M	$127.5M
Net Income	$39.2M	$33.6M	$26.6M	$21.4M	$24.9M
Operating CF	$216.6M	$182.0M	$183.8M	$138.5M	$160.5M
Capex	—	—	—	$49.1M	$36.1M
Free Cash Flow	—	—	—	$89.5M	$124.4M
Buybacks	$107.6M	$5.7M	$4.5M	$35.4M	$35.2M
Dividends	—	—	—	—	—	—

Gross Margin	35.6%	36.0%	32.8%	29.5%	8.0%
Operating Margin	79.4%	76.2%	69.6%	62.4%	16.0%
Net Margin	14.9%	14.0%	11.7%	9.2%	3.1%
FCF Margin	—	—	—	38.5%	15.6%
R&D / Revenue	7.0%	7.0%	6.6%	5.2%	1.7%
Effective Tax	—	—	—	—	—	—
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	—	—	—	39.6%	28.3%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Ted HarrisChairman, President and Chief Executive Officer	$1.2M	$3.2M	—	$1.1M	$2.4M	$56.2K
Hatsuki MiyataExecutive Vice President, Chief Legal Officer and Secretary	$526.2K	$877.9K	—	$293.1K	$655.6K	$39.6K
C. Martin BengtssonExecutive Vice President and Chief Financial Officer	$614.4K	$1.1M	—	$376.2K	$819.0K	$39.1K
Frederic BonedSenior Vice President and General Manager, Human Nutrition and Health	$542.3K	$752.9K	—	$254.0K	$671.5K	$31.8K