Badger Meter Balance Sheet (2010-2025) | BMI

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Balance Sheet	Dec2010	Jun2011	Sep2011	Dec2011	Mar2012	Jun2012	Sep2012	Dec2012	Mar2013	Jun2013	Sep2013	Dec2013	Mar2014	Jun2014	Sep2014	Dec2014	Mar2015	Jun2015	Sep2015	Dec2015	Mar2016	Jun2016	Sep2016	Dec2016	Mar2017	Jun2017	Sep2017	Dec2017	Mar2018	Jun2018	Sep2018	Dec2018	Mar2019	Jun2019	Sep2019	Dec2019	Mar2020	Jun2020	Sep2020	Dec2020	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025
Assets
Current Assets
Cash & Equivalents	3.09M			4.97M	6.66M	6.51M	6.06M	6.55M	3.79M	2.71M	4.62M	7.26M	6.41M	6.76M	10.37M	6.66M				8.16M				7.34M				11.16M	13.53M	12.12M	10.63M	13.09M	15.03M	23.89M	37.73M	48.87M	70.38M	85.20M	93.90M	72.27M	51.40M	57.36M	67.04M	87.17M	89.22M	100.21M	114.79M	138.05M	128.36M	141.81M	162.91M	191.78M	199.31M	226.21M	258.95M	295.31M	131.36M	165.21M	201.69M	226.02M
Cash & Current Investments	3.09M			4.97M	6.66M	6.51M	6.06M	6.55M	3.79M	2.71M	4.62M	7.26M	6.41M	6.76M	10.37M	6.66M				8.16M				7.34M				11.16M	13.53M	12.12M	10.63M	13.09M	15.03M	23.89M	37.73M	48.87M	70.38M	85.20M	93.90M	72.27M	51.40M	57.36M	67.04M	87.17M	89.22M	100.21M	114.79M	138.05M	128.36M	141.81M	162.91M	191.78M	199.31M	226.21M	258.95M	295.31M	131.36M	165.21M	201.69M	226.02M
Receivables - Net	40.43M	45.61M	43.20M	41.17M	51.05M	51.67M	53.69M	45.58M	47.30M	52.70M	56.06M	50.13M	54.66M	60.80M	58.01M	53.97M	53.19M	61.96M	59.73M	56.64M	59.19M	61.33M	57.97M	59.82M	65.96M	64.43M	68.88M	58.21M	63.37M	65.30M	70.03M	66.30M	68.09M	60.29M	61.41M	61.37M	59.16M	54.02M	57.71M	61.69M	61.64M	63.95M	73.75M	65.87M	78.15M	77.25M	83.49M	76.65M	84.25M	84.02M	89.06M	83.51M	92.29M	106.23M	93.43M	84.33M	111.86M	117.67M	115.06M	112.36M
Receivables - Other																																																									1.20M	1.00M	0.50M
Receivables	40.43M	45.61M	43.20M	41.17M	51.05M	51.67M	53.69M	45.58M	47.30M	52.70M	56.06M	50.13M	54.66M	60.80M	58.01M	53.97M	53.19M	61.96M	59.73M	56.64M	59.19M	61.33M	57.97M	59.82M	65.96M	64.43M	68.88M	58.21M	63.37M	65.30M	70.03M	66.30M	68.09M	60.29M	61.41M	61.37M	59.16M	54.02M	57.71M	61.69M	61.64M	63.95M	73.75M	65.87M	78.15M	77.25M	83.49M	76.65M	84.25M	84.02M	89.06M	83.51M	92.29M	106.23M	93.43M	84.33M	113.06M	118.67M	115.56M	112.36M
Raw Materials	23.23M	23.72M	25.10M	24.58M	32.03M	34.45M	27.01M	27.79M	26.31M	24.01M	26.73M	30.91M	34.19M	31.93M	30.70M	33.37M	34.09M	36.32M	37.23M	36.86M	39.72M	42.28M	43.66M	42.46M	39.00M	39.03M	37.36M	40.01M	43.45M	40.81M	42.56M	40.23M	42.67M	43.64M	42.09M	41.27M	38.19M	40.38M	39.06M	39.86M	42.19M	49.06M	52.12M	48.87M	55.14M	66.07M	63.85M	64.93M	76.00M	77.97M	76.94M	77.65M	81.85M	83.08M	83.78M	82.68M	87.97M	89.23M	96.16M	99.60M
Work In Process	15.28M	11.53M	10.28M	11.38M	13.17M	13.64M	13.40M	13.34M	11.59M	10.85M	10.09M	12.33M	11.68M	10.57M	14.00M	13.05M	11.43M	9.38M	12.17M	13.18M	14.82M	16.56M	18.05M	17.16M	15.23M	17.41M	17.70M	22.04M	19.01M	19.64M	19.20M	17.10M	16.08M	16.64M	18.10M	17.73M	16.78M	16.38M	15.77M	16.84M	14.09M	15.62M	14.58M	24.75M	22.13M	24.27M	25.97M	23.58M	27.92M	35.56M	35.94M	41.26M	41.18M	39.31M	39.01M	36.70M	38.29M	33.53M	30.29M	29.24M
Finished Goods	9.80M	11.98M	12.40M	13.48M	12.72M	12.98M	19.81M	19.87M	20.60M	18.75M	17.54M	17.70M	18.11M	20.70M	19.50M	25.36M	26.48M	26.03M	26.35M	28.55M	21.64M	21.88M	20.73M	18.09M	16.07M	17.45M	21.95M	23.12M	22.67M	25.20M	22.59M	23.48M	21.81M	23.03M	24.65M	22.95M	19.47M	20.09M	22.15M	24.88M	27.97M	26.12M	25.12M	25.99M	25.75M	21.09M	23.78M	31.35M	28.43M	31.22M	34.91M	34.76M	37.41M	38.87M	35.73M	24.02M	23.14M	24.50M	26.18M	23.09M
Inventory	48.32M	47.23M	47.78M	49.44M	57.92M	61.08M	60.21M	61.00M	58.50M	53.61M	54.37M	60.94M	63.98M	63.20M	64.20M	71.77M	72.01M	71.72M	75.74M	78.60M	76.18M	80.72M	82.44M	77.70M	70.30M	73.89M	77.01M	85.17M	85.13M	85.66M	84.34M	80.80M	80.55M	83.32M	84.83M	81.95M	74.43M	76.85M	76.99M	81.59M	84.25M	90.79M	91.82M	99.61M	103.02M	111.44M	113.61M	119.86M	132.34M	144.75M	147.79M	153.67M	160.44M	161.27M	158.52M	143.41M	149.41M	147.26M	152.63M	151.94M
Current Deferred Tax Assets	3.12M	3.41M	3.42M	3.35M	4.08M	3.96M	4.04M	3.90M	3.93M	3.92M	3.92M	4.83M	4.90M	4.92M	4.92M	4.17M	4.29M	4.31M	4.28M
Prepaid Assets	2.38M	3.74M	2.99M	2.27M	3.69M	3.43M	2.96M	4.34M	3.93M	3.50M	3.68M	3.99M	3.35M	4.04M	4.37M	4.54M	4.08M	5.50M	5.56M	5.93M	5.46M	5.50M	5.67M	6.16M	4.63M	4.33M	3.97M	4.08M	4.73M	5.07M	5.88M	4.47M	7.54M	8.04M	7.57M	7.91M	7.46M	7.34M	4.16M	8.14M	6.82M	7.21M	13.08M	8.71M	10.89M	15.03M	13.74M	13.27M	15.89M	18.01M	23.19M	13.21M	18.56M	15.51M	18.40M	17.08M	18.96M	18.14M	25.21M	16.77M
Current Assets	97.34M	104.27M	103.18M	101.19M	123.41M	126.65M	126.96M	121.37M	117.45M	116.44M	122.65M	127.16M	133.30M	139.72M	141.87M	141.10M	141.95M	156.17M	149.39M	149.33M	150.76M	154.90M	156.75M	151.01M	152.20M	156.50M	163.26M	158.62M	166.76M	168.15M	170.88M	164.66M	171.22M	175.54M	191.54M	200.09M	211.43M	223.41M	232.75M	223.69M	204.11M	219.31M	245.69M	261.36M	281.28M	303.92M	325.63M	347.83M	360.84M	388.59M	422.95M	442.18M	470.60M	509.22M	529.30M	540.12M	411.58M	448.27M	494.59M	507.08M
Non-Current Assets
Buildings	48.01M			49.84M				51.09M				55.02M				57.87M				59.84M				65.23M				67.60M				67.93M				68.44M				69.70M				71.10M				70.84M				72.15M				71.53M				74.96M
Land & Improvements	7.87M			8.01M				8.92M				8.94M				9.18M				9.03M				9.07M				9.12M				9.07M				9.06M				9.16M				9.18M				8.95M				9.26M				9.24M				9.54M
Property, Plant & Equipment (Net)	66.09M	67.01M	66.37M	66.10M	70.01M	68.19M	68.50M	70.48M	70.88M	71.55M	73.40M	76.42M	77.30M	77.19M	77.72M	81.81M	82.34M	83.89M	86.51M	90.92M	91.53M	90.75M	90.16M	90.19M	91.09M	91.46M	93.14M	93.60M	93.53M	92.67M	91.64M	90.32M	89.28M	88.51M	86.66M	85.76M	84.57M	83.19M	82.44M	82.70M	82.08M	81.58M	79.94M	78.05M	76.07M	74.04M	72.37M	73.54M	74.53M	74.71M	74.44M	73.88M	72.93M	72.45M	73.28M	74.26M	75.69M	77.94M	78.36M	79.64M
Goodwill	9.20M	9.16M	9.16M	9.40M	34.61M	35.67M	35.67M	35.90M	35.93M	46.64M	46.64M	44.70M	44.70M	44.70M	44.70M	47.70M	47.71M	47.71M	48.44M	0.30M	47.98M	47.98M	47.98M	49.31M	49.31M	61.16M	61.16M	67.42M	67.42M	3.70M	71.26M	71.30M	3.70M	71.26M	71.26M	71.30M	71.26M	71.26M	71.26M	88.70M	17.40M	105.63M	104.73M	104.31M	103.29M	101.21M	99.10M	101.30M	113.77M	113.80M	112.70M	113.20M	113.47M	113.36M	115.00M	111.80M	231.54M	235.70M	236.65M	235.60M
Intangibles	34.17M	34.91M	34.32M	33.68M	62.83M	61.17M	59.84M	58.35M	57.13M	61.42M	60.16M	57.32M	56.06M	54.78M	53.40M	61.67M	60.24M	58.79M	58.51M	57.35M	55.87M	54.33M	52.81M	51.87M	50.34M	60.03M	57.84M	59.33M	57.47M	59.11M	57.30M	103.46M	53.53M	51.72M	49.93M	101.28M	46.40M	44.64M	42.88M	112.91M	72.12M	70.18M	67.08M	133.69M	61.25M	57.77M	54.31M	129.24M	59.51M	57.51M	54.63M	126.06M	52.47M	50.18M	48.96M	122.33M	131.09M	126.11M	122.06M	199.43M
Goodwill & Intangibles	43.37M	44.07M	43.48M	43.08M	97.44M	96.84M	95.52M	94.25M	93.06M	108.06M	106.80M	102.02M	100.75M	99.47M	98.10M	109.37M	107.95M	106.50M	106.95M	57.65M	103.85M	102.31M	100.79M	101.19M	99.65M	121.18M	118.99M	126.75M	124.89M	62.81M	128.56M	174.76M	57.23M	122.97M	121.19M	172.58M	117.65M	115.90M	114.14M	201.61M	89.52M	175.81M	171.80M	238.00M	164.54M	158.98M	153.41M	230.54M	173.28M	171.31M	167.33M	239.26M	165.94M	163.53M	163.96M	234.13M	362.63M	361.81M	358.71M	435.02M
Long-Term Deferred Tax	1.66M	0.94M	1.01M	2.31M																1.42M	1.43M	1.38M	1.45M	0.70M	0.93M			2.86M	0.85M	0.82M	0.80M	2.16M	2.14M	2.01M	1.97M	0.74M	2.02M	2.02M	2.01M	5.09M	5.08M	5.08M	5.08M	7.53M	7.51M	7.51M	7.51M	12.76M	12.83M	12.80M	12.81M	22.71M	22.70M	22.71M	22.79M	32.52M	32.58M	32.69M	32.65M	14.14M
Other Non-Current Assets	7.45M	6.81M	6.44M	6.26M	6.09M	6.26M	5.69M	4.31M	5.40M	5.71M	6.03M	6.16M	7.79M	7.84M	8.02M	8.40M	9.62M	9.94M	9.23M	8.48M	8.87M	8.45M	7.99M	6.61M	9.69M	9.61M	10.70M	9.90M	9.23M	9.24M	9.44M	8.87M	15.81M	15.82M	16.13M	15.88M	15.29M	15.02M	17.30M	17.43M	18.06M	17.23M	16.51M	15.39M	16.54M	15.58M	15.45M	14.05M	11.93M	11.85M	12.22M	11.25M	11.29M	13.35M	13.54M	12.68M	17.12M	15.71M	13.96M	18.65M
Non-Current Assets	118.53M	118.83M	117.30M	117.72M	173.53M	171.29M	169.71M	169.08M	169.34M	185.32M	186.24M	188.90M	190.38M	189.25M	188.79M	200.05M	200.48M	200.98M	203.43M	206.15M	205.68M	202.89M	200.38M	198.69M	201.37M	222.25M	222.84M	233.10M	228.51M	232.95M	230.44M	228.03M	232.03M	229.32M	225.95M	221.80M	219.53M	216.13M	215.89M	247.53M	282.18M	279.70M	273.33M	269.46M	264.66M	256.11M	248.75M	255.22M	272.56M	270.67M	266.81M	274.74M	272.88M	272.04M	273.56M	276.30M	488.02M	488.14M	483.68M	466.50M
Assets	215.86M	223.10M	220.48M	218.91M	296.94M	297.94M	296.67M	290.45M	286.79M	301.76M	308.89M	316.06M	323.68M	328.97M	330.67M	341.16M	342.43M	357.15M	352.82M	355.48M	356.43M	357.79M	357.13M	349.70M	353.57M	378.75M	386.09M	391.73M	395.27M	401.11M	401.32M	392.69M	403.25M	404.86M	417.49M	421.89M	430.96M	439.53M	448.64M	471.22M	486.30M	499.02M	519.03M	530.82M	545.94M	560.03M	574.37M	603.05M	633.40M	659.25M	689.76M	716.92M	743.47M	781.26M	802.86M	816.41M	899.60M	936.42M	978.27M	973.58M
Liabilities
Current Liabilities
Accounts Payables	11.16M	13.62M	13.94M	11.37M	18.17M	18.86M	20.97M	15.55M	16.71M	20.31M	19.43M	18.55M	17.43M	18.15M	18.71M	16.06M	18.43M	22.51M	18.95M	19.16M	19.31M	22.18M	19.30M	18.35M	21.61M	23.89M	27.14M	28.60M	24.30M	28.09M	24.86M	22.47M	25.98M	29.56M	32.36M	31.52M	35.91M	35.45M	37.79M	34.92M	40.01M	41.25M	42.41M	41.86M	52.44M	61.60M	65.46M	71.44M	79.55M	81.10M	85.00M	81.81M	90.62M	96.01M	77.38M	55.66M	73.79M	74.12M	69.79M	72.30M
Notes Payables	12.88M	6.12M	2.68M	1.79M	63.99M	77.83M	71.18M	66.73M	63.88M	66.23M	65.19M	70.05M	73.87M	68.69M	61.66M	75.93M	75.92M	73.03M	67.38M	71.36M	61.16M	53.59M	49.73M	37.95M	38.16M	45.56M	44.97M	44.55M	48.17M	42.43M	35.96M	18.06M	10.98M	4.56M	4.36M	4.48M	4.40M	4.48M
Payables	24.04M	19.73M	16.62M	13.15M	82.16M	96.69M	92.15M	82.28M	80.59M	86.54M	84.62M	88.60M	91.30M	86.84M	80.38M	91.99M	94.36M	95.54M	86.33M	90.52M	80.47M	75.77M	69.03M	56.30M	59.77M	69.45M	72.11M	73.15M	72.47M	70.52M	60.82M	40.53M	36.96M	34.12M	36.72M	36.00M	40.31M	39.93M	37.79M	34.92M	40.01M	41.25M	42.41M	41.86M	52.44M	61.60M	65.46M	71.44M	79.55M	81.10M	85.00M	81.81M	90.62M	96.01M	77.38M	55.66M	73.79M	74.12M	69.79M	72.30M
Accumulated Expenses	7.14M	6.47M	6.80M	6.73M	8.05M	7.77M	9.20M	9.82M	6.85M	6.53M	7.79M	7.34M	7.18M	8.43M	10.78M	11.90M	8.00M	9.37M	9.58M	9.66M	10.04M	11.14M	12.80M	13.86M	9.04M	11.12M	13.78M	15.51M	9.38M	9.63M	12.38M	13.77M	9.58M	12.26M	12.81M	12.75M	9.18M	9.68M	12.67M	14.62M	12.46M	15.69M	18.87M	20.64M	12.41M	14.94M	17.73M	20.51M	11.98M	17.49M	25.50M	29.87M	15.59M	21.77M	29.76M	34.91M	17.30M	23.82M	33.52M	37.62M
Other Accumulated Expenses																																1.51M	7.06M	2.56M	2.50M	2.91M	4.98M	6.67M	2.17M	6.88M	7.79M	2.41M	5.67M	6.78M	11.56M	9.94M	8.22M	8.75M	14.68M	9.27M	7.46M	9.17M	16.46M	6.49M	6.37M	20.35M	43.29M	30.93M	41.19M	32.33M
Short term Debt	12.88M	6.12M	2.68M	1.79M	63.99M	77.83M	71.18M	66.73M	63.88M	66.23M	65.19M	70.05M	73.87M	68.69M	61.66M	75.93M	75.92M	73.03M	67.38M	71.36M	61.16M	53.59M	49.73M	37.95M	38.16M	45.56M	44.97M	44.55M	48.17M	42.43M	35.96M	18.06M	10.98M	4.56M	4.36M	4.48M	4.40M	4.48M
Current Taxes	0.61M	3.63M	1.50M	0.93M	4.46M	1.50M	2.02M	1.10M	1.26M	2.28M	2.06M	1.22M	3.07M	4.01M	2.86M	1.45M	2.88M	4.46M	2.36M	1.23M	4.77M	3.46M	2.61M	2.90M	4.15M	6.64M	3.20M	1.08M	3.00M	1.36M	0.37M	1.51M
Total Current Liabilities	32.68M	30.76M	25.92M	22.41M	96.07M	107.11M	104.27M	94.08M	89.42M	96.03M	95.15M	98.04M	102.76M	100.72M	95.15M	107.08M	106.78M	111.72M	100.62M	104.54M	98.84M	93.88M	87.66M	75.84M	75.50M	90.27M	92.49M	93.11M	88.55M	85.63M	77.87M	60.02M	57.92M	54.31M	58.84M	57.25M	60.46M	62.70M	60.19M	68.04M	71.77M	72.31M	79.83M	82.15M	88.51M	97.33M	101.78M	110.31M	115.79M	118.91M	128.78M	131.95M	135.09M	138.12M	129.16M	118.20M	141.02M	138.71M	153.42M	150.72M
Non-Current Liabilities
Non-Current Deffered Revenue																																																32.24M				49.76M	54.18M	59.45M	60.88M	64.15M	65.44M	68.55M	69.18M	72.77M
Pension	6.36M	6.14M	6.03M	10.04M	9.86M	9.15M	7.97M	8.86M	8.13M	7.81M	7.79M	5.93M	5.92M	5.94M	5.92M	6.34M	6.39M	6.47M	6.51M	7.37M	6.80M	7.18M	6.32M	5.98M	5.83M	5.86M	6.20M	7.96M	7.29M	6.34M	6.75M	6.68M	6.79M	5.19M	5.16M	5.71M	5.72M	5.64M	5.61M	5.79M	6.51M	6.35M	5.76M	5.21M	5.08M	5.09M	5.07M	3.94M	4.29M	5.04M	5.05M	5.29M	5.40M	6.02M	6.70M	6.93M	6.23M	7.56M	6.45M	6.66M
Non-Current Deferred Tax Liability					10.45M	10.23M	10.26M	8.69M	8.66M	10.79M	10.82M	9.79M	9.80M	9.80M	9.73M	6.40M	6.41M	6.60M	6.57M	0.77M	0.91M	0.88M	0.88M	1.90M	2.12M	1.64M	1.62M	3.43M	1.55M	1.29M	1.32M	3.33M	3.22M	3.23M	3.08M	0.88M	2.43M	2.56M	2.65M	5.70M	6.06M	6.16M	6.00M	5.38M	5.21M	4.94M	4.58M	4.65M	6.74M	6.66M	6.44M	5.06M	4.89M	4.84M	5.11M	3.65M	24.29M	24.11M	24.07M	3.48M
Other Non-Current Liabilities	2.47M	2.44M	0.95M	1.08M	6.67M	5.59M	1.02M	1.09M	1.54M	2.69M	2.69M	1.32M	1.33M	1.34M	1.34M	1.74M	2.06M	2.53M	4.21M	4.81M	5.49M	4.05M	3.83M	4.02M	3.91M	5.81M	5.79M	4.07M	11.32M	13.66M	14.45M	13.97M	21.49M	21.77M	22.86M	22.98M	23.09M	23.64M	24.25M	26.38M	26.32M	26.59M	30.74M	29.80M	33.03M	32.34M	36.54M	5.57M	44.69M	49.43M	53.13M	4.76M	4.50M	5.90M	6.01M	9.41M	10.69M	9.72M	12.83M	13.11M
Total Non-Current Liabilities	45.01M	42.41M	36.79M	38.55M	122.49M	132.59M	128.56M	118.12M	112.73M	121.21M	120.39M	118.17M	122.54M	120.75M	115.13M	125.09M	124.49M	131.00M	119.18M	118.40M	112.36M	107.83M	100.79M	89.47M	88.80M	103.53M	106.17M	110.20M	103.22M	98.98M	91.64M	75.22M	73.14M	66.64M	70.99M	67.84M	72.14M	74.75M	72.85M	83.58M	90.12M	90.58M	96.46M	97.94M	103.02M	111.50M	114.97M	155.06M	130.68M	134.23M	143.92M	68.49M	203.40M	212.22M	205.66M	91.98M	247.22M	249.11M	262.93M	109.57M
Total Liabilities	47.48M	44.85M	37.73M	39.63M	129.16M	138.18M	129.59M	119.21M	114.28M	123.90M	123.09M	119.50M	123.88M	122.10M	116.47M	126.83M	126.56M	133.53M	123.39M	123.20M	117.85M	111.88M	104.62M	93.49M	92.71M	109.34M	111.96M	114.28M	114.54M	112.64M	106.09M	89.19M	94.64M	88.41M	93.85M	90.83M	95.23M	98.39M	97.09M	109.96M	116.45M	117.17M	127.20M	127.75M	136.06M	143.85M	151.51M	160.62M	175.37M	183.66M	197.05M	200.44M	207.91M	218.12M	211.68M	210.18M	257.91M	258.83M	275.76M	260.28M
Shareholder's Equity
Total Debt	12.88M	6.12M	2.68M	1.79M	63.99M	77.83M	71.18M	66.73M	63.88M	66.23M	65.19M	70.05M	73.87M	68.69M	61.66M	75.93M	75.92M	73.03M	67.38M	71.36M	61.16M	53.59M	49.73M	37.95M	38.16M	45.56M	44.97M	44.55M	48.17M	42.43M	35.96M	18.06M	10.98M	4.56M	4.36M	4.48M	4.40M	4.48M
Common Equity	168.38M	178.25M	182.74M	179.28M	167.78M	159.76M	167.08M	171.25M	172.51M	177.86M	185.80M	196.56M	199.80M	206.87M	214.19M	214.33M	215.87M	223.62M	229.43M	232.28M	238.58M	245.91M	252.51M	256.21M	260.86M	269.41M	274.13M	277.45M	280.72M	288.47M	295.23M	303.50M	308.61M	316.45M	323.64M	331.07M	335.72M	341.14M	351.54M	361.26M	369.85M	381.85M	391.82M	403.07M	409.88M	416.18M	422.86M	442.42M	458.04M	475.59M	492.71M	516.48M	535.57M	563.14M	591.18M	606.23M	641.69M	677.59M	702.51M	713.29M
Shareholder's Equity	168.38M	178.25M	182.74M	179.28M	167.78M	159.76M	167.08M	171.25M	172.51M	177.86M	185.80M	196.56M	199.80M	206.87M	214.19M	214.33M	215.87M	223.62M	229.43M	232.28M	238.58M	245.91M	252.51M	256.21M	260.86M	269.41M	274.13M	277.45M	280.72M	288.47M	295.23M	303.50M	308.61M	316.45M	323.64M	331.07M	335.72M	341.14M	351.54M	361.26M	369.85M	381.85M	391.82M	403.07M	409.88M	416.18M	422.86M	442.42M	458.04M	475.59M	492.71M	516.48M	535.57M	563.14M	591.18M	606.23M	641.69M	677.59M	702.51M	713.29M
Liabilities and Shareholders Equity	215.86M	223.10M	220.48M	218.91M	296.94M	297.94M	296.67M	290.45M	286.79M	301.76M	308.89M	316.06M	323.68M	328.97M	330.67M	341.16M	342.43M	357.15M	352.82M	355.48M	356.43M	357.79M	357.13M	349.70M	353.57M	378.75M	386.09M	391.73M	395.27M	401.11M	401.32M	392.69M	403.25M	404.86M	417.49M	421.89M	430.96M	439.53M	448.64M	471.22M	486.30M	499.02M	519.03M	530.82M	545.94M	560.03M	574.37M	603.05M	633.40M	659.25M	689.76M	716.92M	743.47M	781.26M	802.86M	816.41M	899.60M	936.42M	978.27M	973.58M
Treasury Shares	0.05M			0.06M				0.07M				0.15M				0.14M				0.12M				0.11M				0.11M				0.07M				0.06M				0.06M				0.06M				0.05M		7.90M	7.87M	0.07M	7.83M	7.81M	7.81M	7.81M	7.77M	7.75M	7.75M	7.83M
Retained Earnings	156.10M	163.00M	167.48M	166.27M	153.64M	146.18M	152.63M	-13.95M	-14.31M	-13.51M	-12.74M	-7.52M	172.37M	178.60M	186.10M	-11.86M	190.86M	196.01M	201.45M	204.04M	209.14M	215.64M	221.10M	223.88M	229.29M	236.56M	240.76M	-10.89M	-10.41M	250.24M	250.43M	257.31M	263.78M	270.77M	278.55M	285.88M	292.79M	297.37M	307.00M	314.85M	323.38M	332.10M	342.05M	353.54M	362.05M	372.86M	384.21M	395.15M	407.98M	423.88M	441.92M	458.72M	479.93M	505.04M	527.08M	547.80M	576.20M	600.76M	624.05M	645.88M

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Badger Meter Balance Sheet (2010-2025) | BMI

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