Badger Meter, Inc. (BMI)

Badger Meter Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	295.31	191.78	138.05	87.17	72.27
Cash & Short-Term Investments	295.31	191.78	138.05	87.17	72.27
Cash Growth	53.98%	38.92%	58.36%	20.62%	47.89%
Receivables	84.33	83.51	76.65	65.87	61.69
Inventory	143.41	153.67	119.86	99.61	81.59
Prepaid Expenses	17.08	13.21	13.27	8.71	8.14
Total Current Assets	540.12	442.18	347.83	261.36	223.69
Property, Plant & Equipment	80.12	79.4	80.08	83.93	89.57
Goodwill	111.77	113.16	101.26	104.31	88.71
Other Intangible Assets	48.87	57.44	58.41	69.78	59.6
Long-Term Deferred Tax Assets	32.53	22.72	12.76	7.53	5.09
Other Long-Term Assets	3.02	2.03	2.72	3.91	4.56
Total Assets	816.41	716.92	603.05	530.82	471.22
Accrued Expenses	34.91	29.87	20.51	20.64	14.62
Current Portion of Leases	2.68	1	1.22	-	-
Other Current Liabilities	80.62	101.08	88.58	61.5	53.42
Total Current Liabilities	118.21	131.95	110.31	82.15	68.04
Long-Term Leases	3.34	4.76	5.57	6.18	7.22
Long-Term Unearned Revenue	64.15	49.76	32.24	-	-
Long-Term Deferred Tax Liabilities	3.65	5.06	4.65	5.39	5.7
Other Long-Term Liabilities	10.87	-	-	23.63	19.16
Total Liabilities	210.18	200.44	160.63	127.75	109.96
Common Stock	37.22	37.22	37.22	37.22	37.22
Additional Paid-In Capital	65.82	59.19	53.28	49.22	44.96
Retained Earnings	547.8	458.72	395.16	353.54	314.85
Treasury Stock	-36.7	-37	-37.25	-37.05	-37.09
Comprehensive Income & Other	-7.91	-1.65	-5.98	0.14	1.31
Shareholders' Equity	606.23	516.48	442.42	403.07	361.26
Total Liabilities & Equity	816.41	716.92	603.05	530.82	471.22
Total Debt	6.01	5.76	6.79	6.18	7.22
Net Cash (Debt)	289.29	186.02	131.26	81	65.06
Net Cash Growth	55.51%	41.72%	62.06%	24.51%	82.74%
Net Cash Per Share	9.80	6.32	4.47	2.76	2.23
Filing Date Shares Outstanding	29.41	29.35	29.29	29.25	29.15
Total Common Shares Outstanding	29.41	29.35	29.29	29.25	29.15
Working Capital	421.91	310.23	237.52	179.21	155.65
Book Value Per Share	20.61	17.60	15.10	13.78	12.39
Tangible Book Value	445.6	345.88	282.75	228.98	212.95
Tangible Book Value Per Share	15.15	11.79	9.65	7.83	7.31
Land	9.24	9.26	8.95	9.18	9.16
Buildings	71.53	72.15	70.85	71.1	69.7
Machinery	152.44	144.58	141.15	136.51	138.55

Source: S&P Capital IQ. Standard template. Financial Sources.