Badger Meter Inc (BMI) is a leading manufacturer of flow measurement and control products for water utilities, municipalities, and commercial and industrial customers worldwide. The company's financials reflect its strong performance and commitment to delivering value to its shareholders. The income statement for BMI shows the company's revenue and expenses. In the most recent fiscal year, BMI reported total revenue of $380.5 million. Gross profit was $141.7 million, and net income from stockholders was $38.6 million. EBIT and EBITDA, which reflect the company's operating performance, were $63.5 million and $73.8 million, respectively.
Looking at the balance sheet, BMI has a strong financial position. The company's total assets are $561.2 million, with stockholders' equity of $359.4 million. Total debt stands at $91.8 million, and total liabilities are $201.8 million. Cash equivalents are $84.3 million, providing the company with liquidity to invest and meet its financial obligations. Net debt, which is the difference between total debt and cash equivalents, is $7.5 million.
Badger Meter Inc maintains a healthy cash flow, which is crucial for sustained growth and investment. The company's cash flow statement includes operating cash flow, investing cash flow, and financing cash flow. Operating cash flow, which represents the cash generated by the company's core operations, was $42.8 million. Investing cash flow, which reflects cash used for investing activities, was $31.3 million. Financing cash flow, which includes cash flows from debt and equity financing, was $9 million. Free cash flow, an important measure for investors, was $11.5 million.
In conclusion, Badger Meter Inc (BMI) has demonstrated strong financial performance and stability. The company's income statement reflects its robust revenue and profitability, with solid gross profit and net income from stockholders. The balance sheet indicates a healthy financial position, with substantial stockholders' equity and manageable debt. The company's cash flow statement highlights a positive cash flow from operations and the ability to invest and finance its activities. Overall, Badger Meter Inc (BMI) is well-positioned to continue its success in the flow measurement and control industry.