Badger Meter Inc (BMI)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 124,942 | 118,946 | 112,877 | 102,314 | 92,598 | 85,416 | 77,380 | 71,551 | 66,496 | 66,233 | 64,155 | 61,463 | 60,884 | 56,702 | 55,708 | 51,270 | 49,343 | 48,523 | 46,383 | 48,207 |
| Revenue (ttm) | US$ in thousands | 826,558 | 803,816 | 781,571 | 740,771 | 703,592 | 668,476 | 630,292 | 592,267 | 565,568 | 553,992 | 534,721 | 519,757 | 505,197 | 481,778 | 466,627 | 434,877 | 425,543 | 420,770 | 415,829 | 428,252 |
| Net profit margin | 15.12% | 14.80% | 14.44% | 13.81% | 13.16% | 12.78% | 12.28% | 12.08% | 11.76% | 11.96% | 12.00% | 11.83% | 12.05% | 11.77% | 11.94% | 11.79% | 11.60% | 11.53% | 11.15% | 11.26% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $124,942K ÷ $826,558K
= 15.12%
Badger Meter Inc has shown a consistent improvement in its net profit margin over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 11.26% in March 2020 and saw fluctuations within a narrow range until reaching 15.12% by December 31, 2024.
The net profit margin demonstrates the company's efficiency in translating its revenues into profits after accounting for all expenses. The increasing trend in the net profit margin indicates that Badger Meter Inc has been able to effectively control costs and improve operational efficiency over the years, leading to more profit generation per dollar of revenue.
The significant increase in the net profit margin from 11.26% in March 2020 to 15.12% in December 2024 suggests a sustained improvement in the company's profitability. This enhanced margin may be attributed to various factors such as revenue growth, cost-cutting initiatives, operational efficiencies, or pricing strategies that have positively impacted the bottom line performance of Badger Meter Inc.
Peer comparison
Dec 31, 2024