Badger Meter Inc (BMI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 124,942 | 92,598 | 66,496 | 60,884 | 49,343 |
| Revenue | US$ in thousands | 826,558 | 703,592 | 565,568 | 505,198 | 425,544 |
| Net profit margin | 15.12% | 13.16% | 11.76% | 12.05% | 11.60% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $124,942K ÷ $826,558K
= 15.12%
The net profit margin of Badger Meter Inc has shown a generally positive trend over the past five years. It increased from 11.60% in December 31, 2020, to 15.12% in December 31, 2024.
This indicates that for every dollar of revenue generated, the company's net profit has also increased, showing effective cost management, improved operational efficiency, or potentially increasing revenues.
The company's ability to maintain and grow its net profit margin reflects positive performance and effective financial management strategies over the period under review.
Peer comparison
Dec 31, 2024