earnings
confidence high
sentiment positive
materiality 0.75
Badger Meter Q4 sales up 21% to $135.7M, EPS $0.59; full year sales top $500M
BADGER METER INC
2021-FY EPS reported
$2.08
revenue$505,198,000
- Q4 record sales $135.7M (+21% YoY); diluted EPS $0.59 (+31% YoY).
- Full year 2021 record sales $505.2M (+19% YoY); EPS $2.08 (+23% YoY).
- Q4 operating profit margin 16.8% (up 170 bps); gross margin 40.4% (+120 bps).
- Utility water sales up 23.4% (core +14.4% excl. acquisitions); record backlog.
- CFO: supply chain disruptions and inflation expected to continue near term.