Badger Meter Inc (BMI)

Return on equity (ROE)

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Net income (ttm) US$ in thousands 141,634 138,776 135,737 134,209 124,942 118,946 112,877 102,314 92,598 85,416 77,380 71,551 66,496 66,233 64,155 61,463 60,884 56,702 55,708 51,270
Total stockholders’ equity US$ in thousands 973,577 702,510 677,592 641,686 606,232 591,185 563,138 535,567 516,482 492,706 475,592 458,037 442,422 422,859 416,183 409,881 403,070 391,824 381,847 369,849
ROE 14.55% 19.75% 20.03% 20.92% 20.61% 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%

December 31, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $141,634K ÷ $973,577K
= 14.55%