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BMI - Badger Meter, Inc.

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Badger Meter, Inc.

BMI

NYSE

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. In addition, the company offers ORION Migratable for automatic meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading solution, as well as BEACON advanced metering analytics, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. It also serves water utilities, industrial, and other industries. The company sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was incorporated in 1905 and is headquartered in Milwaukee, Wisconsin.

229.64 USD

5.42 (2.36%)

BMI Financial Statements

Year

2024

2023

2022

2021

Total Revenue

826.56M

703.59M

565.57M

505.2M

Cost of Revenue

497.37M

427.15M

345.6M

299.71M

Gross Profit

329.18M

276.44M

219.97M

205.48M

Operating Expenses

171.25M

158.39M

132.81M

126.88M

Research and Development

0

19M

15.8M

14.7M

Selling, General & Administrative Expenses

171.25M

139.39M

132.81M

126.88M

Selling & Marketing Expenses

0

-19.13M

0

0

General & Administrative Expenses

0

158.52M

132.81M

126.88M

Other Expenses

0

0

0

-120k

Operating Income

157.94M

118.05M

87.3M

78.72M

Total Other Income/Expenses Net

8.56M

3.92M

422k

-100k

Income Before Tax

166.5M

121.97M

87.72M

78.62M

Income Tax

41.56M

29.37M

21.22M

17.74M

Net Income

124.94M

92.6M

66.5M

60.88M

Basic EPS

4.26

3.16

2.28

2.09

EPS Diluted

701.92

3.14

2.26

2.08

Basic Average Shares

29.36M

29.28M

29.22M

29.14M

Diluted Average Shares

29.53M

29.46M

29.38M

29.34M

EBITDA

190.12M

146.03M

113.41M

106.47M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

458.72M

395.15M

353.54M

314.85M

Net Income

124.94M

92.6M

66.5M

60.88M

Stock Repurchases

0

0

-427k

-460k

Dividend Paid

-35.85M

-29.05M

-24.88M

-22.16M

Retained Earnings

547.8M

458.72M

395.15M

353.54M

Other Distributions

53.23M

34.51M

16.31M

16.07M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

74.26M

79.4M

73.54M

78.05M

Annual Depreciation

32.19M

28.11M

26.24M

27.86M

Capital Expenditure

0

-12M

-5.89M

-6.75M

Net PPE

42.08M

63.29M

53.19M

56.93M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

-1.39M

11.9M

-3.05M

15.61M

Goodwill (Previous Year)

113.16M

101.26M

104.31M

88.71M

Goodwill

111.77M

113.16M

101.26M

104.31M

All figures are in USD.

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