Badger Meter, Inc. (BMI)

Badger Meter Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	92.6	66.5	60.88	49.34	47.18
Depreciation & Amortization	28.11	26.24	27.86	25.22	24.15
Share-Based Compensation	5.19	3.15	2.33	1.42	1.21
Other Operating Activities	-15.78	-13.43	-3.57	13.6	8.18
Operating Cash Flow	110.12	82.45	87.51	89.58	80.71
Operating Cash Flow Growth	33.55%	-5.78%	-2.31%	10.98%	33.74%
Capital Expenditures	-12	-5.89	-6.75	-9.06	-7.5
Acquisitions	-17.13	0	-45.27	-29.13	0
Other Investing Activities	-	-	0.6	-	-
Investing Cash Flow	-29.13	-5.89	-51.42	-38.19	-7.5
Dividends Paid	-29.05	-24.88	-22.16	-20.34	-18.6
Share Issuance / Repurchase	0.97	0.28	1.65	-1.88	-3.06
Debt Issued / Paid	0	0	0	-4.6	-13.5
Other Financing Activities	-	-	-	-1	-2.56
Financing Cash Flow	-28.09	-24.61	-20.51	-27.82	-37.71
Exchange Rate Effect	0.83	-1.08	-0.68	-0.16	0.28
Net Cash Flow	53.73	50.88	14.9	23.4	35.79
Free Cash Flow	98.11	76.56	80.76	80.52	73.22
Free Cash Flow Growth	28.15%	-5.21%	0.30%	9.97%	41.60%
Free Cash Flow Margin	13.94%	13.54%	15.99%	18.92%	17.24%
Free Cash Flow Per Share	3.35	2.62	2.77	2.77	2.52

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).