Badger Meter, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | — | — | — | — | $87.2M | $72.3M | $48.9M | $13.1M |
| Accounts Receivable | $112.4M | $84.3M | $83.5M | $76.7M | $65.9M | $61.7M | $61.4M | $66.3M |
| Inventory | $151.9M | $143.4M | $153.7M | $119.9M | $99.6M | $81.6M | $81.9M | $80.8M |
| Total Current Assets | $507.1M | $540.1M | $442.2M | $347.8M | $261.4M | $223.7M | $200.1M | $164.7M |
| Property, Plant & Equipment | $79.6M | $74.3M | $73.9M | $73.5M | $78.1M | $82.7M | $85.8M | $90.3M |
| Goodwill | $235.6M | $111.8M | $113.2M | $101.3M | $104.3M | $88.7M | $71.3M | $71.3M |
| Intangible Assets (Excl. Goodwill) | $118.5M | $45.1M | $53.7M | $53.6M | $64.2M | $53.6M | $48.2M | $55.4M |
| Total Assets | $973.6M | $816.4M | $716.9M | $603.0M | $530.8M | $471.2M | $421.9M | $392.7M |
| Liabilities | ||||||||
| Accounts Payable | $72.3M | $55.7M | $81.8M | $71.4M | $41.9M | $34.9M | $31.5M | $22.5M |
| Total Current Liabilities | $150.7M | $118.2M | $131.9M | $110.3M | $82.1M | $68.0M | $57.2M | $60.0M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $260.3M | $210.2M | $200.4M | $160.6M | $127.7M | $110.0M | $90.8M | $89.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $645.9M | $547.8M | $458.7M | $395.2M | $353.5M | $314.9M | $285.9M | $257.3M |
| Total Stockholders' Equity | $713.3M | $606.2M | $516.5M | $442.4M | $403.1M | $361.3M | $331.1M | $303.5M |