BADGER METER, INC.
Profit History
| Fiscal Year | Revenue | Operating Income | Net Income |
|---|---|---|---|
| FY2009 | $250.3M | $42.2M | $34.2M |
| FY2010 | $276.6M | $44.8M | $28.7M |
| FY2011 | $262.9M | $27.5M | $19.2M |
| FY2012 | $319.7M | $44.5M | $28.0M |
| FY2013 | $334.1M | $39.1M | $24.6M |
| FY2014 | $364.8M | $46.0M | $29.7M |
| FY2015 | $377.7M | $42.4M | $25.9M |
| FY2016 | $393.8M | $52.7M | $32.3M |
| FY2017 | $402.4M | $56.6M | $34.6M |
| FY2018 | $433.7M | $56.9M | $27.8M |
| FY2019 | $424.6M | $62.1M | $47.2M |
| FY2020 | $425.5M | $65.2M | $49.3M |
| FY2021 | $505.2M | $78.7M | $60.9M |
| FY2022 | $565.6M | $87.3M | $66.5M |
| FY2023 | $703.6M | $118.0M | $92.6M |
| FY2024 | $826.6M | $157.9M | $124.9M |
| FY2025 | $916.7M | $183.4M | $141.6M |
Mimicking the herd invites regression to the mean (merely average performance).