Badger Meter Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1994
Revenue	703.59	565.57	505.2	425.54	424.63	433.73	402.44	393.76	377.7	364.77	Upgrade
Revenue Growth (YoY)	24.40%	11.95%	18.72%	0.22%	-2.10%	7.78%	2.20%	4.25%	3.54%	9.17%	Upgrade
Cost of Revenue	427.15	345.6	299.71	257.3	261.1	271.38	246.69	243.19	241.92	233.63	Upgrade
Gross Profit	276.44	219.97	205.48	168.25	163.53	162.35	155.75	150.58	135.78	131.14	Upgrade
Selling, General & Admin	158.39	132.68	126.76	103.09	101.38	105.48	99.15	97.9	93.41	85.1	Upgrade
Operating Expenses	158.39	132.68	126.76	103.09	101.38	105.48	99.15	97.9	93.41	85.1	Upgrade
Operating Income	118.05	87.3	78.72	65.16	62.15	56.87	56.6	52.67	42.37	46.05	Upgrade
Interest Expense / Income	0	0	0	0.03	0.25	1.16	0.79	0.92	1.22	1.14	Upgrade
Other Expense / Income	-3.92	-0.42	0.1	0.15	0.29	19.86	0.97	1.91	-	-	Upgrade
Pretax Income	121.97	87.72	78.62	64.98	61.61	35.85	54.83	49.84	41.15	44.91	Upgrade
Income Tax	29.37	21.22	17.74	15.64	14.43	8.06	20.26	17.55	15.21	15.23	Upgrade
Net Income	92.6	66.5	60.88	49.34	47.18	27.79	34.57	32.3	25.94	29.68	Upgrade
Net Income Growth	39.25%	9.22%	23.39%	4.59%	69.76%	-19.61%	7.05%	24.51%	-12.60%	20.56%	Upgrade
Shares Outstanding (Basic)	29	29	29	29	29	29	29	29	29	29	Upgrade
Shares Outstanding (Diluted)	29	29	29	29	29	29	29	29	29	29	Upgrade
Shares Change	0.27%	0.13%	0.37%	0.03%	0.11%	0.27%	0.21%	0.54%	0.48%	-0.43%	Upgrade
EPS (Basic)	3.16	2.28	2.09	1.70	1.63	0.96	1.20	1.12	0.90	1.04	Upgrade
EPS (Diluted)	3.14	2.26	2.08	1.69	1.61	0.95	1.19	1.11	0.90	1.03	Upgrade
EPS Growth	38.94%	8.65%	23.08%	4.97%	69.47%	-20.17%	7.21%	23.33%	-12.62%	21.18%	Upgrade
Free Cash Flow	98.11	76.56	80.76	80.52	73.22	51.71	34.68	45.59	16.07	23.4	Upgrade
Free Cash Flow Per Share	3.35	2.62	2.77	2.77	2.52	1.78	1.20	1.58	0.56	0.82	Upgrade
Dividend Per Share	0.990	0.850	0.760	0.700	0.640	0.560	0.490	0.323	0.390	0.370	Upgrade
Dividend Growth	16.47%	11.84%	8.57%	9.38%	14.29%	14.29%	51.70%	-17.18%	5.41%	5.71%	Upgrade
Gross Margin	39.29%	38.89%	40.67%	39.54%	38.51%	37.43%	38.70%	38.24%	35.95%	35.95%	Upgrade
Operating Margin	16.78%	15.43%	15.58%	15.31%	14.64%	13.11%	14.06%	13.38%	11.22%	12.62%	Upgrade
Profit Margin	13.16%	11.76%	12.05%	11.60%	11.11%	6.41%	8.59%	8.20%	6.87%	8.14%	Upgrade
Free Cash Flow Margin	13.94%	13.54%	15.99%	18.92%	17.24%	11.92%	8.62%	11.58%	4.25%	6.42%	Upgrade
Effective Tax Rate	24.08%	24.19%	22.56%	24.07%	23.42%	22.49%	36.95%	35.21%	36.97%	33.92%	Upgrade
EBITDA	150.08	113.96	106.49	90.23	86.01	61.32	80.02	73.21	62.97	61.71	Upgrade
EBITDA Margin	21.33%	20.15%	21.08%	21.20%	20.25%	14.14%	19.88%	18.59%	16.67%	16.92%	Upgrade
Depreciation & Amortization	28.11	26.24	27.86	25.22	24.15	24.32	24.4	22.44	20.6	15.66	Upgrade
EBIT	121.97	87.72	78.62	65.01	61.86	37.01	55.62	50.77	42.37	46.05	Upgrade
EBIT Margin	17.33%	15.51%	15.56%	15.28%	14.57%	8.53%	13.82%	12.89%	11.22%	12.62%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).