Badger Meter, Inc.
BMI · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $826,558 | $703,592 | $565,568 | $505,198 |
| % Growth | 17.5% | 24.4% | 11.9% | – |
| Cost of Goods Sold | $497,374 | $427,154 | $345,598 | $299,714 |
| Gross Profit | $329,184 | $276,438 | $219,970 | $205,484 |
| % Margin | 39.8% | 39.3% | 38.9% | 40.7% |
| R&D Expenses | $19,200 | $19,000 | $15,800 | $14,700 |
| G&A Expenses | $0 | $158,519 | $132,805 | $126,881 |
| SG&A Expenses | $171,248 | $139,389 | $132,805 | $126,881 |
| Sales & Mktg Exp. | $0 | -$19,130 | $0 | $0 |
| Other Operating Expenses | -$19,200 | $0 | -$15,800 | -$14,700 |
| Operating Expenses | $171,248 | $158,389 | $132,805 | $126,881 |
| Operating Income | $157,936 | $118,049 | $87,295 | $78,723 |
| % Margin | 19.1% | 16.8% | 15.4% | 15.6% |
| Other Income/Exp. Net | $8,564 | $3,917 | $422 | -$100 |
| Pre-Tax Income | $166,500 | $121,966 | $87,717 | $78,623 |
| Tax Expense | $41,558 | $29,368 | $21,221 | $17,739 |
| Net Income | $124,942 | $92,598 | $66,496 | $60,884 |
| % Margin | 15.1% | 13.2% | 11.8% | 12.1% |
| EPS | 4.26 | 3.16 | 2.28 | 2.09 |
| % Growth | 34.8% | 38.6% | 9.1% | – |
| EPS Diluted | 4.23 | 3.14 | 2.26 | 2.08 |
| Weighted Avg Shares Out | 29,356 | 29,284 | 29,218 | 29,144 |
| Weighted Avg Shares Out Dil | 29,534 | 29,456 | 29,376 | 29,338 |
| Supplemental Information | – | – | – | – |
| Interest Income | $8,613 | $4,047 | $552 | $20 |
| Interest Expense | $0 | $0 | $0 | $0 |
| Depreciation & Amortization | $32,185 | $28,110 | $26,241 | $27,862 |
| EBITDA | $190,121 | $146,029 | $113,406 | $106,465 |
| % Margin | 23% | 20.8% | 20.1% | 21.1% |