Badger Meter Inc (BMI)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 157,936 | 118,049 | 87,295 | 78,723 | 65,156 |
Revenue | US$ in thousands | 826,558 | 703,592 | 565,568 | 505,198 | 425,544 |
Operating profit margin | 19.11% | 16.78% | 15.43% | 15.58% | 15.31% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $157,936K ÷ $826,558K
= 19.11%
Operating profit margin is a key indicator of a company's operational efficiency and profitability, representing the percentage of revenue that translates into operating profit. For Badger Meter Inc, the operating profit margin has shown a generally positive trend over the past five years.
Starting at 15.31% in December 31, 2020, the operating profit margin increased steadily to 19.11% by December 31, 2024. This signifies that the company has been effectively managing its operating expenses and generating higher profits relative to its revenue over the years.
The peak operating profit margin of 19.11% in December 31, 2024 indicates that Badger Meter Inc has been able to improve its operational efficiency and streamline its cost structure, thereby maximizing profitability from its core business activities.
Overall, the upward trend in the operating profit margin reflects positively on the company's financial health and ability to generate profits from its operations. It suggests that Badger Meter Inc has been successful in controlling costs and maximizing profitability, contributing to its overall financial performance and potential for future growth.
Peer comparison
Dec 31, 2024