Badger Meter Inc (BMI)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 117,919 | 87,165 | 78,603 | 65,011 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 606,232 | 516,482 | 442,422 | 403,070 | 361,259 |
| Return on total capital | 0.00% | 22.83% | 19.70% | 19.50% | 18.00% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $606,232K)
= 0.00%
Badger Meter Inc's return on total capital has shown an upward trend over the years, increasing from 18.00% as of December 31, 2020, to 22.83% as of December 31, 2023, indicating improved efficiency in generating profits relative to the capital employed in the business. However, there was a significant decrease to 0.00% by December 31, 2024, suggesting that the company may have faced challenges in effectively utilizing its capital to generate returns during that period. Overall, Badger Meter Inc's return on total capital demonstrates both positive performance and potential areas for improvement that warrant further investigation and analysis.
Peer comparison
Dec 31, 2024