BADGER METER INC
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
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FY2024 · Filed Feb 14, 2025
BMI$159.18+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Years ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| (In thousands except per share amounts) | |||
| Net sales | $826,558 | $703,592 | $565,568 |
| Cost of sales | 497,374 | 427,154 | 345,598 |
| Gross margin | 329,184 | 276,438 | 219,970 |
| Selling, engineering and administration | 171,248 | 158,389 | 132,675 |
| Operating earnings | 157,936 | 118,049 | 87,295 |
| Interest income, net | (8,613) | (4,047) | (552) |
| Other pension and postretirement costs | 49 | 130 | 130 |
| Earnings before income taxes | 166,500 | 121,966 | 87,717 |
| Provision for income taxes | 41,558 | 29,368 | 21,221 |
| Net earnings | $124,942 | $92,598 | $66,496 |
| Earnings per share: | |||
| Basic | $4.26 | $3.16 | $2.28 |
| Diluted | $4.23 | $3.14 | $2.26 |
| Shares used in computation of earnings per share: | |||
| Basic | 29,356 | 29,284 | 29,218 |
| Impact of dilutive securities | 178 | 172 | 158 |
| Diluted | 29,534 | 29,456 | 29,376 |
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