Badger Meter's gross profit for the
three
months ended in Mar. 2024 was $77.2 Mil. Badger Meter's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $290.8 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Badger Meter's gross profit for the
three
months ended in Mar. 2024 was $77.2 Mil. Badger Meter's Revenue for the
three
months ended in Mar. 2024 was $196.3 Mil. Therefore, Badger Meter's Gross Margin % for the quarter that ended in Mar. 2024 was 39.32%.
Badger Meter had a gross margin of 39.32% for the quarter that ended in Mar. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Badger Meter was 40.67%. The lowest was 35.95%. And the median was 38.61%.
Badger Meter Gross Profit Historical Data
The historical data trend for Badger Meter's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Badger Meter's Gross Profit
For the Scientific & Technical Instruments subindustry, Badger Meter's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Badger Meter's Gross Profit Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Badger Meter's Gross Profit distribution charts can be found below:
* The bar in red indicates where Badger Meter's Gross Profit falls into.
Badger Meter Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Badger Meter's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $290.8 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Badger Meter (NYSE:BMI) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Badger Meter had a gross margin of 39.32% for the quarter that ended in Mar. 2024 => Competition eroding margins
Badger Meter Gross Profit Related Terms
Thank you for viewing the detailed overview of Badger Meter's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Badger Meter Inc is an innovator, manufacturer, and marketer of products incorporating flow measurement, quality, control, and other system solutions serving markets. The company's products measure water, oil, chemicals, and other fluids, and provide and communicate timely measurement data. Badger's product lines include two categories: sales of water meters, radios, software, and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves, software, and other solutions for industrial applications in water, wastewater, and other industries (flow instrumentation). It derives a majority of its revenues from the United States.
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