Balchem Corporation
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2014 | 26.6% | 15.2% | 9.8% |
| FY2015 | 30.4% | 17.0% | 10.8% |
| FY2016 | 32.7% | 16.4% | 10.1% |
| FY2017 | 31.8% | 16.3% | 15.1% |
| FY2018 | 31.7% | 16.6% | 12.2% |
| FY2019 | 32.8% | 15.9% | 12.4% |
| FY2020 | 31.8% | 15.8% | 12.0% |
| FY2021 | 30.4% | 16.0% | 12.0% |
| FY2022 | 29.8% | 15.4% | 11.2% |
| FY2023 | 32.7% | 17.3% | 11.8% |