BMI
Income statement / Annual
Last year (2023), Badger Meter, Inc.'s total revenue was $703.59 M,
an increase of 24.40% from the previous year.
In 2023, Badger Meter, Inc.'s net income was $92.60 M.
See Badger Meter, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$703.59 M
|
$565.57 M
|
$505.20 M
|
$425.54 M
|
$424.63 M
|
$433.73 M
|
$402.44 M
|
$393.76 M
|
$377.70 M
|
$364.77 M
|
| Cost of Revenue |
$427.15 M |
$345.60 M |
$299.71 M |
$257.30 M |
$261.10 M |
$271.38 M |
$246.69 M |
$243.19 M |
$241.92 M |
$233.63 M |
| Gross Profit |
$276.44 M |
$219.97 M |
$205.48 M |
$168.25 M |
$163.53 M |
$162.35 M |
$155.75 M |
$150.58 M |
$135.78 M |
$131.14 M |
| Gross Profit Ratio |
0.39 |
0.39 |
0.41 |
0.4 |
0.39 |
0.37 |
0.39 |
0.38 |
0.36 |
0.36 |
| Research and Development
Expenses |
$19.00 M
|
$15.80 M
|
$14.70 M
|
$11.60 M
|
$11.90 M
|
$11.10 M
|
$10.60 M
|
$10.60 M
|
$10.65 M
|
$9.50 M
|
| General & Administrative
Expenses |
$158.52 M
|
$132.81 M
|
$126.88 M
|
$103.24 M
|
$101.67 M
|
$125.34 M
|
$100.12 M
|
$99.81 M
|
$93.41 M
|
$85.10 M
|
| Selling & Marketing
Expenses |
-$19.13 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$139.39 M
|
$132.81 M
|
$126.88 M
|
$103.24 M
|
$101.67 M
|
$125.34 M
|
$100.12 M
|
$99.81 M
|
$93.41 M
|
$85.10 M
|
| Other Expenses |
-$19.13 M |
$0.00 |
-$120,000.00 |
-$145,000.00 |
-$288,000.00 |
-$19.86 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$158.39 M |
$132.81 M |
$126.88 M |
$103.24 M |
$101.67 M |
$125.34 M |
$100.12 M |
$99.81 M |
$93.41 M |
$85.10 M |
| Cost And Expenses |
$585.54 M |
$478.40 M |
$426.60 M |
$360.53 M |
$362.77 M |
$396.72 M |
$346.82 M |
$343.00 M |
$335.33 M |
$318.72 M |
| Interest Income |
$4.05 M |
$552,000.00 |
$20,000.00 |
$30,000.00 |
$253,000.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$0.00 |
$552,000.00 |
-$20,000.00 |
$30,000.00 |
$253,000.00 |
$1.16 M |
$789,000.00 |
$921,000.00 |
$1.22 M |
$1.14 M |
| Depreciation &
Amortization |
$28.11 M
|
$26.24 M
|
$27.86 M
|
$25.22 M
|
$24.15 M
|
$24.32 M
|
$24.40 M
|
$22.44 M
|
$20.60 M
|
$15.66 M
|
| EBITDA |
$146.16 M
|
$113.41 M
|
$106.47 M
|
$90.23 M
|
$86.01 M
|
$37.01 M
|
$55.62 M
|
$50.77 M
|
$42.37 M
|
$46.05 M
|
| EBITDA Ratio |
0.21 |
0.2 |
0.21 |
0.21 |
0.2 |
0.09 |
0.14 |
0.13 |
0.11 |
0.13 |
| Operating Income Ratio
|
0.17
|
0.15
|
0.16
|
0.15
|
0.15
|
0.13
|
0.14
|
0.13
|
0.11
|
0.13
|
| Total Other
Income/Expenses Net |
$3.92 M
|
$422,000.00
|
-$100,000.00
|
-$175,000.00
|
-$541,000.00
|
-$19.86 M
|
-$789,000.00
|
-$921,000.00
|
-$1.22 M
|
-$1.14 M
|
| Income Before Tax |
$121.97 M |
$87.72 M |
$78.62 M |
$64.98 M |
$61.61 M |
$35.85 M |
$54.83 M |
$49.84 M |
$41.15 M |
$44.91 M |
| Income Before Tax Ratio
|
0.17
|
0.16
|
0.16
|
0.15
|
0.15
|
0.08
|
0.14
|
0.13
|
0.11
|
0.12
|
| Income Tax Expense |
$29.37 M |
$21.22 M |
$17.74 M |
$15.64 M |
$14.43 M |
$8.06 M |
$20.26 M |
$17.55 M |
$15.21 M |
$15.23 M |
| Net Income |
$92.60 M |
$66.50 M |
$60.88 M |
$49.34 M |
$47.18 M |
$27.79 M |
$34.57 M |
$32.30 M |
$25.94 M |
$29.68 M |
| Net Income Ratio |
0.13 |
0.12 |
0.12 |
0.12 |
0.11 |
0.06 |
0.09 |
0.08 |
0.07 |
0.08 |
| EPS |
3.16 |
2.28 |
2.09 |
1.7 |
1.63 |
0.96 |
1.2 |
1.12 |
0.9 |
1.03 |
| EPS Diluted |
3.14 |
2.26 |
2.08 |
1.69 |
1.61 |
0.95 |
1.19 |
1.11 |
0.9 |
1.03 |
| Weighted Average Shares
Out |
$29.28 M
|
$29.22 M
|
$29.14 M
|
$29.05 M
|
$29.03 M
|
$28.99 M
|
$28.93 M
|
$28.89 M
|
$28.76 M
|
$28.61 M
|
| Weighted Average Shares
Out Diluted |
$29.46 M
|
$29.38 M
|
$29.34 M
|
$29.23 M
|
$29.22 M
|
$29.19 M
|
$29.11 M
|
$29.05 M
|
$28.89 M
|
$28.76 M
|
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