Badger Meter Inc (BMI)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 166,500 | 121,966 | 87,717 | 78,623 | 64,981 |
| Revenue | US$ in thousands | 826,558 | 703,592 | 565,568 | 505,198 | 425,544 |
| Pretax margin | 20.14% | 17.33% | 15.51% | 15.56% | 15.27% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $166,500K ÷ $826,558K
= 20.14%
Badger Meter Inc's pretax margin has exhibited a generally positive trend over the past five years, showing a gradual increase from 15.27% in December 2020 to 20.14% in December 2024. This indicates that the company has been effectively managing its operating expenses and generating higher levels of pre-tax income in relation to its total revenue. The improvement in pretax margin suggests that Badger Meter Inc has been successful in controlling costs and enhancing operational efficiency, leading to stronger profitability before accounting for taxes. The consistent growth in pretax margin reflects a positive trajectory for the company's financial performance and may indicate a solid foundation for sustainable profitability in the future.
Peer comparison
Dec 31, 2024