Badger Meter Inc (BMI)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 39.14% | 39.03% | 39.05% | 39.13% | 38.89% | 39.32% | 39.56% | 39.80% | 40.68% | 40.42% | 40.40% | 40.08% | 39.54% | 39.29% | 38.96% | 38.87% | 38.54% | 38.59% | 38.97% | 38.34% |
| Operating profit margin | 16.72% | 16.16% | 15.97% | 15.76% | 15.43% | 15.82% | 15.57% | 15.36% | 15.58% | 15.12% | 15.62% | 15.38% | 15.31% | 15.34% | 14.79% | 14.91% | 14.65% | 14.39% | 14.16% | 14.13% |
| Pretax margin | 17.27% | 16.60% | 16.27% | 15.94% | 15.51% | 15.83% | 15.55% | 15.34% | 15.56% | 15.08% | 15.60% | 15.35% | 15.27% | 15.28% | 14.69% | 14.81% | 14.52% | 14.24% | 11.18% | 9.30% |
| Net profit margin | 13.11% | 12.73% | 12.25% | 12.07% | 11.76% | 11.95% | 12.00% | 11.83% | 12.05% | 11.77% | 11.94% | 11.79% | 11.60% | 11.53% | 11.16% | 11.26% | 11.12% | 10.95% | 8.58% | 7.17% |
Badger Meter Inc. has shown relatively stable and consistent profitability ratios over the past eight quarters. The gross profit margin has ranged between 39.15% and 39.55%, indicating that the company is effectively managing its production costs and maintaining a healthy margin on sales.
The operating profit margin has also remained steady, fluctuating between 15.36% and 16.78%. This suggests that Badger Meter is efficiently controlling its operating expenses while generating a reasonable level of operating profit from its revenue.
The pretax margin reflects the company's ability to manage its total expenses, with values ranging from 15.34% to 17.33%. This margin indicates the effectiveness of Badger Meter in generating profit before accounting for taxes.
Lastly, the net profit margin, which accounts for the company's overall profitability after taxes and other expenses, has shown a consistent range between 11.76% and 13.16%. This demonstrates that Badger Meter is successfully converting its revenue into net income while managing its costs effectively.
Overall, Badger Meter Inc. has maintained stable and satisfactory profitability ratios, reflecting its ability to efficiently manage costs and generate profits over the analyzed period.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 16.47% | 15.72% | 15.30% | 14.76% | 14.48% | 15.27% | 14.87% | 14.62% | 14.83% | 14.03% | 14.61% | 13.75% | 13.83% | 14.38% | 13.98% | 14.81% | 14.73% | 14.52% | 14.80% | 15.18% |
| Return on assets (ROA) | 12.92% | 12.38% | 11.74% | 11.30% | 11.03% | 11.53% | 11.46% | 11.26% | 11.47% | 10.92% | 11.16% | 10.54% | 10.47% | 10.82% | 10.55% | 11.19% | 11.18% | 11.05% | 8.96% | 7.70% |
| Return on total capital | 22.86% | 22.01% | 21.21% | 20.41% | 19.73% | 20.74% | 20.00% | 19.48% | 19.53% | 18.59% | 19.09% | 18.08% | 18.04% | 18.36% | 18.02% | 19.01% | 18.77% | 18.73% | 18.93% | 19.84% |
| Return on equity (ROE) | 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% | 14.25% | 14.26% | 11.46% | 10.07% |
Badger Meter Inc. has shown consistent profitability over the past eight quarters, as evidenced by its profitability ratios.
- Operating return on assets (Operating ROA) has been stable, ranging from 14.48% to 16.47%. This indicates that the company is efficiently generating profits from its assets, with the highest return achieved in Q4 2023.
- Return on assets (ROA) has also been relatively steady, fluctuating between 11.03% and 12.92%. This ratio demonstrates the company's ability to generate earnings from all of its assets, with the highest return recorded in Q4 2023.
- Return on total capital has shown an increasing trend, with values ranging from 19.73% to 22.86%. This ratio reflects the company's efficiency in generating returns from both debt and equity investments, with the highest return observed in Q4 2023.
- Return on equity (ROE) has also demonstrated a consistent performance, varying between 15.00% and 17.93%. This ratio signifies the company's ability to generate profits from shareholders' equity, reaching its peak in Q4 2023.
Overall, Badger Meter Inc. has shown a strong profitability performance, with consistent and improving ratios across the board, indicating effective management of assets, capital, and equity to generate returns for its stakeholders.