BADGER METER INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $393.8m $402.4m $433.7m $424.6m $425.5m $505.2m $565.6m $703.6m $826.6m $916.7m
Cost of Revenue $243.2m $246.7m $271.4m $261.1m $257.3m $299.7m $345.6m $427.2m $497.4m $534.6m
Gross Profit $150.6m $155.7m $162.3m $163.5m $168.2m $205.5m $220.0m $276.4m $329.2m $382.1m
Operating Income (Loss) $50.8m $55.6m $56.9m $62.1m $65.2m $78.7m $87.3m $118.0m $157.9m $183.4m
Additional Financial Items
Amortization of Intangible Assets $6.1m $6.8m $7.5m $7.2m $7.2m $10.0m $8.6m $8.6m $9.1m $14.7m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $47.4m $52.7m $31.6m $62.6m $65.9m $74.5m $83.7m $120.4m $169.6m $186.7m
Income (Loss) from Continuing Operations, Per Basic Share $1 $1
Income (Loss) from Continuing Operations, Per Diluted Share $1 $1 $1 $2 $2 $2 $2 $3 $4 $5
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $78.6m $87.7m $122.0m $166.5m $188.7m
Net Income (Loss) Attributable to Parent $32.3m $34.6m $27.8m $47.2m $49.3m $60.9m $66.5m $92.6m $124.9m $141.6m
Earnings Per Share, Basic $1.12 $1.20 $0.96 $1.63 $1.70 $2.09 $2.28 $3.16 $4.26 $4.82
Earnings Per Share, Diluted $1.11 $1.19 $0.95 $1.61 $1.69 $2.08 $2.26 $3.14 $4.23 $4.79
Weighted Average Number of Shares Outstanding, Basic 28.9m 28.9m 29k 29k 29k 29k 29k 29k 29k 29.4m
Weighted Average Number of Shares Outstanding, Diluted 29.1m 29.1m 29k 29k 29k 29k 29k 29k 30k 29.6m
Selling, General and Administrative Expense $99.8m $100.1m $105.5m $101.4m $103.1m $126.8m $132.7m $158.4m $171.2m $198.6m
Operating Lease, Expense $3.1m $2.9m $3.0m $3.4m $3.4m $3.6m $4.5m
Research and Development Expense $10.6m $10.6m $11.1m $11.9m $11.6m $14.7m $15.8m $19.0m $19.2m $21.6m
Income Tax Expense (Benefit) $17.5m $20.3m $8.1m $14.4m $15.6m $17.7m $21.2m $29.4m $41.6m $47.0m
Interest Income (Expense), Net ($921k) ($789k) ($1.2m) ($253k) ($30k) $20k $552k $4.0m $8.6m $5.1m