Badger Meter Inc (BMI)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 816,413 | 802,861 | 781,260 | 743,474 | 716,919 | 689,757 | 659,252 | 633,403 | 603,047 | 574,373 | 560,031 | 545,938 | 530,818 | 515,047 | 499,016 | 486,295 | 468,380 | 448,636 | 439,533 | 430,956 |
| Operating ROA | 19.35% | 18.78% | 18.12% | 17.43% | 16.47% | 15.72% | 15.30% | 14.76% | 14.48% | 15.27% | 14.87% | 14.62% | 14.83% | 14.14% | 14.61% | 13.75% | 13.91% | 14.38% | 13.98% | 14.81% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $157,936K ÷ $816,413K
= 19.35%
Operating return on assets (Operating ROA) is a key financial ratio that measures a company's ability to generate operating profit from its assets. Looking at the data provided for Badger Meter Inc, we observe a generally increasing trend in the operating ROA from March 31, 2020, to December 31, 2024.
The ratio started at 14.81% on March 31, 2020, and showed slight fluctuations in the following quarters before steadily increasing to reach 19.35% by December 31, 2024. This upward trend indicates that the company has been effectively utilizing its assets to generate operating profit over time.
The rising trend in operating ROA suggests that Badger Meter Inc has been improving its operational efficiency and effectiveness in generating profits from its asset base. This could be attributed to factors such as cost control, revenue growth, and overall operational performance.
Overall, the consistent growth in Badger Meter Inc's operating ROA signals positive performance in terms of asset utilization and profitability, demonstrating the company's ability to generate increasing operating income relative to its asset base.
Peer comparison
Dec 31, 2024