Badger Meter Inc (BMI)

Pretax margin

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 188,657 166,500 121,966 87,717 78,623
Revenue US$ in thousands 916,663 826,558 703,592 565,568 505,198
Pretax margin 20.58% 20.14% 17.33% 15.51% 15.56%

December 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $188,657K ÷ $916,663K
= 20.58%


Peer comparison

Dec 31, 2025