Badger Meter
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Badger Meter's past years’ income statements indicate that its last revenue has increased compared to the previous period by 24% to $703,592,000. The net income raised on $92,598,000 and profit margin reached 13%. Total operating expenses were $158,389,000.
Profit Margin
| 2014 | 364.76M | 29.67M | 8.14% |
|---|---|---|---|
| 2015 | 377.69M | 25.93M | 6.87% |
| 2016 | 393.76M | 32.29M | 8.2% |
| 2017 | 402.44M | 34.57M | 8.59% |
| 2018 | 433.73M | 27.79M | 6.41% |
| 2019 | 424.62M | 47.17M | 11.11% |
| 2020 | 425.54M | 49.34M | 11.6% |
| 2021 | 505.19M | 60.88M | 12.05% |
| 2022 | 565.56M | 66.49M | 11.76% |
| 2023 | 703.59M | 92.59M | 13.16% |
BMI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 703.59M | 565.56M | 505.19M | 425.54M | 424.62M | 433.73M | 402.44M | 393.76M | 377.69M | 364.76M |
Cost of revenue | 427.15M | 345.59M | 299.71M | 257.29M | 261.09M | 271.38M | 246.69M | 243.18M | 241.92M | 233.62M |
Gross profit | 276.43M | 219.97M | 205.48M | 168.24M | 163.52M | 162.34M | 155.74M | 150.57M | 135.77M | 131.14M |
Operating exp. | ||||||||||
Research and development | 19M | 15.8M | 14.7M | 11.6M | 11.9M | 11.1M | 10.6M | 10.6M | 10.64M | 9.49M |
Selling and marketing | -19.13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 158.38M | 132.80M | 126.88M | 103.23M | 101.66M | 125.34M | 100.12M | 99.81M | 93.40M | 85.09M |
Operating income | 118.04M | 87.29M | 78.72M | 65.15M | 62.14M | 56.86M | 55.62M | 50.76M | 42.36M | 46.04M |
Other income (expenses), net | 3.91M | 422K | -100K | -175K | -541K | -19.86M | -789K | -921K | -1.21M | -1.13M |
Income before tax | 121.96M | 87.71M | 78.62M | 64.98M | 61.60M | 35.85M | 54.83M | 49.84M | 41.15M | 44.91M |
Income tax expense | 29.36M | 21.22M | 17.73M | 15.63M | 14.43M | 8.06M | 20.26M | 17.54M | 15.21M | 15.23M |
Net income | 92.59M | 66.49M | 60.88M | 49.34M | 47.17M | 27.79M | 34.57M | 32.29M | 25.93M | 29.67M |
Earnings per share | ||||||||||
Basic EPS | 3.16 | 2.28 | 2.09 | 1.7 | 1.63 | 0.96 | 1.2 | 1.12 | 0.9 | 1.03 |
Diluted EPS | 3.14 | 2.26 | 2.08 | 1.69 | 1.61 | 0.95 | 1.19 | 1.11 | 0.9 | 1.03 |
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