Badger Meter Inc (BMI)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 47,177 | 46,142 | 36,272 | 31,068 |
| Revenue (ttm) | US$ in thousands | 706,241 | 671,125 | 631,849 | 592,988 | 565,654 | 554,078 | 534,685 | 519,723 | 505,169 | 481,750 | 466,659 | 434,884 | 425,526 | 420,753 | 415,700 | 428,070 | 424,345 | 421,202 | 422,957 | 433,148 |
| Net profit margin | 13.11% | 12.73% | 12.25% | 12.07% | 11.76% | 11.95% | 12.00% | 11.83% | 12.05% | 11.77% | 11.94% | 11.79% | 11.60% | 11.53% | 11.16% | 11.26% | 11.12% | 10.95% | 8.58% | 7.17% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $92,598K ÷ $706,241K
= 13.11%
Badger Meter Inc.'s net profit margin has shown consistency and stability over the past eight quarters, ranging from 11.76% to 13.16%. The net profit margin indicates the company's efficiency in managing its expenses relative to its revenue, with higher values suggesting better cost control. Despite some fluctuations, the company has maintained a healthy level of profitability, with margins consistently above 10%. This indicates that Badger Meter Inc. has been able to generate a reasonable level of net profit from its operations across various quarters. Overall, the trending net profit margin illustrates the company's ability to sustain profitability over time.
Peer comparison
Dec 31, 2023