Badger Meter Inc (BMI)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 118,049 | 108,444 | 100,893 | 93,479 | 87,295 | 87,682 | 83,251 | 79,838 | 78,723 | 72,824 | 72,898 | 66,887 | 65,155 | 64,536 | 61,467 | 63,836 | 62,148 | 60,615 | 59,904 | 61,222 |
| 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 |
| Operating profit margin | 16.72% | 16.16% | 15.97% | 15.76% | 15.43% | 15.82% | 15.57% | 15.36% | 15.58% | 15.12% | 15.62% | 15.38% | 15.31% | 15.34% | 14.79% | 14.91% | 14.65% | 14.39% | 14.16% | 14.13% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $118,049K ÷ $706,241K
= 16.72%
The operating profit margin for Badger Meter Inc. has remained relatively stable over the past several quarters, ranging from 15.36% to 16.78%. This indicates that the company has been able to effectively manage its operating expenses and generate profits from its core business operations. The consistent performance in maintaining operating profit margins suggests management's sound operational efficiency and cost control measures, contributing to the company's overall financial health. It is important to continue monitoring this key metric to ensure sustained profitability and operational effectiveness in the future.
Peer comparison
Dec 31, 2023