Badger Meter Inc (BMI)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 183,421 157,936 118,049 87,295 78,723
Total assets US$ in thousands 973,577 816,413 716,919 603,047 530,818
Operating ROA 18.84% 19.35% 16.47% 14.48% 14.83%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $183,421K ÷ $973,577K
= 18.84%


Peer comparison

Dec 31, 2025