Badger Meter Inc (BMI)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 816,413 | 716,919 | 603,047 | 530,818 | 468,380 |
| Operating ROA | 19.35% | 16.47% | 14.48% | 14.83% | 13.91% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $157,936K ÷ $816,413K
= 19.35%
Badger Meter Inc's operating return on assets (ROA) has shown a positive trend over the past five years, increasing from 13.91% as of December 31, 2020, to 19.35% as of December 31, 2024. This indicates that the company has been able to generate more operating income relative to its assets over time. The consistent improvement in operating ROA reflects the company's efficiency in utilizing its assets to generate profits. Overall, the upward trajectory of the operating ROA suggests effective management of operations and potentially positive prospects for Badger Meter Inc's financial performance in the coming years.
Peer comparison
Dec 31, 2024