Badger Meter Inc (BMI)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 39.83% | 39.55% | 39.25% | 39.26% | 39.29% | 39.18% | 39.15% | 39.18% | 38.89% | 39.32% | 39.55% | 39.80% | 40.67% | 40.41% | 40.41% | 40.08% | 39.54% | 39.29% | 38.95% | 38.85% |
| Operating profit margin | 19.11% | 18.76% | 18.12% | 17.49% | 16.78% | 16.22% | 16.01% | 15.78% | 15.43% | 15.83% | 15.57% | 15.36% | 15.58% | 15.12% | 15.62% | 15.38% | 15.31% | 15.34% | 14.78% | 14.91% |
| Pretax margin | 20.14% | 19.63% | 18.87% | 18.15% | 17.33% | 16.67% | 16.31% | 15.96% | 15.51% | 15.83% | 15.55% | 15.34% | 15.56% | 15.08% | 15.60% | 15.35% | 15.27% | 15.27% | 14.69% | 14.80% |
| Net profit margin | 15.12% | 14.80% | 14.44% | 13.81% | 13.16% | 12.78% | 12.28% | 12.08% | 11.76% | 11.96% | 12.00% | 11.83% | 12.05% | 11.77% | 11.94% | 11.79% | 11.60% | 11.53% | 11.15% | 11.26% |
Badger Meter Inc has shown a consistent improvement in its profitability ratios over the years. The gross profit margin has been on an upward trend, increasing from 38.85% on March 31, 2020, to 39.83% on December 31, 2024, with a slight dip in the middle. This indicates that the company has been able to control its cost of goods sold and improve its gross profitability.
Similarly, the operating profit margin has steadily increased from 14.91% on March 31, 2020, to 19.11% on December 31, 2024. This suggests that Badger Meter has effectively managed its operating expenses and generated more operating income relative to its revenue.
The pretax margin, which reflects the company's ability to generate profits before taxes, has also shown a positive trend, rising from 14.80% on March 31, 2020, to 20.14% on December 31, 2024. This indicates that Badger Meter has been able to improve its profitability at the pre-tax level over the years.
Lastly, the net profit margin, which represents the company's bottom line profitability after all expenses have been deducted, has increased consistently from 11.26% on March 31, 2020, to 15.12% on December 31, 2024. This suggests that Badger Meter has been successful in managing its overall expenses and generating healthy profits for its shareholders. Overall, the profitability ratios reflect a positive performance for Badger Meter Inc in terms of generating and retaining profits over the years.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 15.30% | 14.82% | 14.45% | 13.76% | 12.92% | 12.38% | 11.74% | 11.30% | 11.03% | 11.53% | 11.46% | 11.26% | 11.47% | 11.01% | 11.16% | 10.54% | 10.53% | 10.82% | 10.55% | 11.19% |
| Return on total capital | 14.54% | 25.49% | 25.13% | 24.17% | 22.83% | 21.98% | 21.19% | 20.38% | 19.70% | 20.71% | 19.97% | 19.45% | 19.50% | 18.55% | 19.06% | 18.05% | 18.00% | 18.28% | 17.93% | 18.93% |
| Return on equity (ROE) | 15.30% | 20.12% | 20.04% | 19.10% | 17.93% | 17.34% | 16.27% | 15.62% | 15.03% | 15.66% | 15.42% | 15.00% | 15.11% | 14.47% | 14.59% | 13.86% | 13.66% | 13.80% | 13.60% | 14.36% |
Badger Meter Inc's profitability ratios show a positive trend over the last few quarters.
1. Operating return on assets (Operating ROA) has been consistently increasing from 14.81% in March 2020 to 19.35% in December 2024. This indicates that the company's operational efficiency in generating profits from its assets has been improving.
2. Return on assets (ROA) has also shown a steady growth, rising from 11.19% in March 2020 to 15.30% in December 2024. This shows that the company is effectively utilizing its assets to generate returns for its shareholders.
3. Return on total capital has exhibited a similar upward trajectory, increasing from 18.93% in March 2020 to 25.49% in September 2024. This metric reflects how efficiently the company is utilizing its total capital to generate profits.
4. Return on equity (ROE) has also shown a positive trend, moving from 14.36% in March 2020 to 20.04% in June 2024. This indicates the company's ability to generate returns for its shareholders from the equity they have invested.
Overall, the increasing profitability ratios suggest that Badger Meter Inc has been effectively managing its assets and capital to generate higher returns for its stakeholders over the analyzed period.