Alto Ingredients vs Balchem
Alto Ingredients and Balchem are similar in size: $918m and $1.04bn of revenue in their latest fiscal years. Balchem grew faster (8.8% against -4.9%). Balchem kept more of each dollar of sales as profit: a net margin of 14.9% against 1.5%.
| Latest fiscal year | Alto IngredientsALTO, 2025 | BalchemBCPC, 2025 |
|---|---|---|
| Revenue | $918m | $1.04bn |
| Revenue growth | -4.9% | 8.8% |
| Net income | $13.3m | $155m |
| Operating margin | — | — |
| Net margin | 1.5% | 14.9% |
| Return on equity | 5.7% | 12.9% |
| Free cash flow | $8.6m | $217m |
| Cash | $23.4m | $74.6m |
| Total debt | $84.6m | $164m |
| Debt to equity | — | — |
| Dividend per share | — | $0.96 |
| Dividend yield | — | 0.6% |
| Share buybacks | — | $108m |
| Employees | 390 | — |
| Market value | $275m | $5.64bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 34 (Weak) | 72 (Strong) |
| Insider trades, 12 months | 4 buys, 0 sales | 0 buys, 5 sales |