Badger Meter Inc (BMI)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 157,936 | 150,792 | 141,591 | 129,581 | 118,049 | 108,444 | 100,893 | 93,479 | 87,295 | 87,681 | 83,250 | 79,837 | 78,722 | 72,824 | 72,898 | 66,887 | 65,155 | 64,536 | 61,467 | 63,836 |
| 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 |
| Operating profit margin | 19.11% | 18.76% | 18.12% | 17.49% | 16.78% | 16.22% | 16.01% | 15.78% | 15.43% | 15.83% | 15.57% | 15.36% | 15.58% | 15.12% | 15.62% | 15.38% | 15.31% | 15.34% | 14.78% | 14.91% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $157,936K ÷ $826,558K
= 19.11%
Badger Meter Inc's operating profit margin has shown a generally increasing trend over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at 14.91% in March 2020 and gradually improved to 19.11% by the end of December 2024. This indicates that the company has been effectively controlling its operating expenses relative to its revenue during this period.
The operating profit margin peaked at 19.11% in December 2024, reflecting the company's ability to generate more operating profit from each dollar of revenue. This could be attributed to various factors such as cost management strategies, operational efficiencies, and possibly revenue growth.
It is worth noting that the operating profit margin experienced fluctuations throughout the analyzed period, with some quarters showing slight decreases or increases compared to the previous quarter. However, the overall trajectory has been positive, indicating a strengthening operating performance for Badger Meter Inc.
Overall, the increasing trend in operating profit margin suggests that Badger Meter Inc has been effectively managing its operating expenses and improving its operational efficiency, which is a positive indication of the company's financial health and profitability over the analyzed period.
Peer comparison
Dec 31, 2024