Balchem Gross Margin 2010-2024 | BCPC
- Balchem average gross margin for 2023 was 31.23%, a 3.44% increase from 2022.
- Balchem average gross margin for 2022 was 30.19%, a 2.61% increase from 2021.
- Balchem average gross margin for 2021 was 31%, a 3.76% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.