BCPC vs. APD

Last updated Apr 1, 2026

Compare and contrast key facts about Balchem Corporation (BCPC) and Air Products and Chemicals, Inc. (APD).

Performance

BCPC vs. APD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Balchem Corporation (BCPC) and Air Products and Chemicals, Inc. (APD). The values are adjusted to include any dividend payments, if applicable.

BCPC vs. APD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BCPC Balchem Corporation	10.51%	-5.33%	10.15%	22.80%	-27.15%	46.90%	13.96%	30.38%	-2.19%	-3.46%
APD Air Products and Chemicals, Inc.	18.46%	-12.66%	8.09%	-8.95%	3.91%	13.75%	18.82%	50.02%	0.26%	17.04%

Fundamentals

Market Cap BCPC : $5.48B APD : $64.75B
EPS BCPC : $4.75 APD : -$1.50
PS Ratio BCPC : 5.33 APD : 5.30
PB Ratio BCPC : 4.36 APD : 4.20
Total Revenue (TTM) BCPC : $1.04B APD : $12.21B
Gross Profit (TTM) BCPC : $370.63M APD : $3.86B
EBITDA (TTM) BCPC : $254.16M APD : $1.41B

Returns By Period

In the year-to-date period, BCPC achieves a 10.51% return, which is significantly lower than APD's 18.46% return. Over the past 10 years, BCPC has outperformed APD with an annualized return of 11.24%, while APD has yielded a comparatively lower 9.76% annualized return.

BCPC

• 1D: -0.56%
• 1M: -6.59%
• YTD: 10.51%
• 6M: 13.64%
• 1Y: 2.72%
• 3Y*: 10.96%
• 5Y*: 6.67%
• 10Y*: 11.24%

APD

• 1D: -0.37%
• 1M: 5.38%
• YTD: 18.46%
• 6M: 8.00%
• 1Y: 1.12%
• 3Y*: 2.79%
• 5Y*: 2.80%
• 10Y*: 9.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BCPC vs. APD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BCPC

BCPC Risk / Return Rank: 44
BCPC Sharpe Ratio Rank: 46
BCPC Sortino Ratio Rank: 39
BCPC Omega Ratio Rank: 38
BCPC Calmar Ratio Rank: 48
BCPC Martin Ratio Rank: 48

APD

APD Risk / Return Rank: 41
APD Sharpe Ratio Rank: 43
APD Sortino Ratio Rank: 37
APD Omega Ratio Rank: 37
APD Calmar Ratio Rank: 45
APD Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BCPC vs. APD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Balchem Corporation (BCPC) and Air Products and Chemicals, Inc. (APD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BCPC	APD	Difference
Sharpe ratio Return per unit of total volatility	0.12	0.04	+0.08
Sortino ratio Return per unit of downside risk	0.36	0.26	+0.09
Omega ratio Gain probability vs. loss probability	1.04	1.03	+0.01
Calmar ratio Return relative to maximum drawdown	0.23	0.09	+0.14
Martin ratio Return relative to average drawdown	0.54	0.21	+0.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BCPC vs. APD - Sharpe Ratio Comparison

The current BCPC Sharpe Ratio is 0.12, which is higher than the APD Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of BCPC and APD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BCPC	APD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.12	0.04	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.11	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.38	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.42	-0.07

Correlation

The correlation between BCPC and APD is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BCPC vs. APD - Dividend Comparison

BCPC's dividend yield for the trailing twelve months is around 0.57%, less than APD's 2.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCPC Balchem Corporation	0.57%	0.63%	0.53%	0.80%	0.58%	0.38%	0.50%	0.51%	0.60%	0.52%	0.45%	0.56%
APD Air Products and Chemicals, Inc.	2.46%	2.89%	1.83%	2.56%	2.10%	1.97%	1.96%	1.97%	2.75%	2.32%	2.39%	2.49%

Drawdowns

BCPC vs. APD - Drawdown Comparison

The maximum BCPC drawdown since its inception was -85.26%, which is greater than APD's maximum drawdown of -60.30%. Use the drawdown chart below to compare losses from any high point for BCPC and APD.

Drawdown Indicators

	BCPC	APD	Difference
Max Drawdown Largest peak-to-trough decline	-85.26%	-60.30%	-24.96%
Max Drawdown (1Y) Largest decline over 1 year	-17.69%	-22.39%	+4.70%
Max Drawdown (5Y) Largest decline over 5 years	-33.89%	-31.77%	-2.12%
Max Drawdown (10Y) Largest decline over 10 years	-36.72%	-31.77%	-4.95%
Current Drawdown Current decline from peak	-7.52%	-11.78%	+4.26%
Average Drawdown Average peak-to-trough decline	-22.53%	-11.06%	-11.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.68%	9.51%	-1.83%

Volatility

BCPC vs. APD - Volatility Comparison

The current volatility for Balchem Corporation (BCPC) is 6.10%, while Air Products and Chemicals, Inc. (APD) has a volatility of 6.75%. This indicates that BCPC experiences smaller price fluctuations and is considered to be less risky than APD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BCPC	APD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.10%	6.75%	-0.65%
Volatility (6M) Calculated over the trailing 6-month period	15.62%	20.83%	-5.21%
Volatility (1Y) Calculated over the trailing 1-year period	22.33%	28.28%	-5.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.08%	25.98%	-1.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.89%	25.86%	+1.03%

Financials

BCPC vs. APD - Profitability Comparison

The chart below illustrates the profitability comparison between Balchem Corporation and Air Products and Chemicals, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BCPC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Balchem Corporation reported a gross profit of 93.90M and revenue of 263.62M. Therefore, the gross margin over that period was 35.6%.

APD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Air Products and Chemicals, Inc. reported a gross profit of 995.00M and revenue of 3.10B. Therefore, the gross margin over that period was 32.1%.

BCPC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Balchem Corporation reported an operating income of 52.29M and revenue of 263.62M, resulting in an operating margin of 19.8%.

APD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Air Products and Chemicals, Inc. reported an operating income of 734.50M and revenue of 3.10B, resulting in an operating margin of 23.7%.

BCPC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Balchem Corporation reported a net income of 39.23M and revenue of 263.62M, resulting in a net margin of 14.9%.

APD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Air Products and Chemicals, Inc. reported a net income of 678.20M and revenue of 3.10B, resulting in a net margin of 21.9%.