BMI - Badger Meter, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$167.29
DETAILS
HIGH:
$220.00
LOW:
$110.00
MEDIAN:
$167.00
CONSENSUS:
$167.29
UPSIDE:
32.94%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 916.7 | 826.6 | 703.6 | 565.6 | 505.2 | 425.5 | 424.6 | 433.7 | 402.4 | 393.8 | 377.7 | 364.8 | 334.1 | 319.7 | 262.9 | 276.6 | 250.3 | 279.6 | 234.8 | 229.8 | 216.7 | 205.0 | 184.0 | 167.3 | 138.5 | 146.4 | 150.9 | 143.8 | 130.8 | 116 | 108.6 | 99.2 | 84.5 |
| Cost of Revenue | 534.6 | 497.4 | 427.2 | 345.6 | 299.7 | 257.3 | 261.1 | 271.4 | 246.7 | 243.2 | 241.9 | 233.6 | 217.1 | 197.4 | 173.1 | 173.8 | 153.3 | 181.1 | 153.4 | 153.1 | 142.8 | 137.5 | 123.5 | 111.3 | 94.0 | 87.3 | 86 | 81.8 | 78 | 69.4 | 65.1 | 58.4 | 47.8 |
| Gross Profit | 382.1 | 329.2 | 276.4 | 220.0 | 205.5 | 168.2 | 163.5 | 162.3 | 155.7 | 150.6 | 135.8 | 131.1 | 117.0 | 122.2 | 89.8 | 102.8 | 97.0 | 98.5 | 81.4 | 76.6 | 73.9 | 67.5 | 60.5 | 56 | 44.5 | 59.1 | 64.9 | 62 | 52.8 | 46.6 | 43.5 | 40.8 | 36.7 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 0 | 19.2 | 19 | 15.8 | 14.7 | 11.6 | 11.9 | 11.1 | 10.6 | 10.6 | 10.6 | 9.5 | 10.5 | 9.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.5 | 6.4 | 6.5 | 5.9 | 0 |
| SG&A Expenses | 0 | 171.2 | 139.4 | 132.8 | 126.9 | 103.2 | 101.7 | 125.3 | 100.1 | 99.8 | 93.4 | 85.1 | 77.9 | 77.8 | 62.3 | 58.0 | 54.8 | 57.6 | 50.8 | 47.8 | 49.9 | 47.3 | 46.4 | 42.8 | 38.4 | 42.0 | 42.5 | 43.3 | 30.3 | 27.3 | 25.6 | 24.5 | 28.4 |
| Other Expenses | 198.6 | (19.2) | 0 | (15.8) | (14.7) | (11.6) | (11.9) | (19.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.1 | 5.7 | 4.7 | 4 | 4.1 | 4.4 | 4.4 | 4.3 |
| Operating Expenses | 198.6 | 171.2 | 158.4 | 132.8 | 126.9 | 103.2 | 101.7 | 125.3 | 100.1 | 99.8 | 93.4 | 85.1 | 77.9 | 77.8 | 62.3 | 58.0 | 54.8 | 57.6 | 50.8 | 47.8 | 49.9 | 47.3 | 46.4 | 42.8 | 38.4 | 48.1 | 48.2 | 48 | 41.8 | 37.8 | 36.5 | 34.8 | 32.7 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 183.4 | 157.9 | 118.0 | 87.3 | 78.7 | 65.2 | 62.1 | 56.9 | 55.6 | 50.8 | 42.4 | 46.0 | 39.1 | 44.5 | 27.5 | 44.8 | 42.2 | 40.9 | 30.6 | 28.8 | 23.9 | 20.2 | 14.1 | 13.2 | 6.1 | 11.0 | 16.7 | 14 | 11 | 8.8 | 7 | 6 | 4 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.3 | 1.2 | 0.8 | 0.9 | 1.2 | 1.1 | 1.1 | 1.0 | 0.2 | 0.4 | 0.1 | 1.3 | 1.3 | 1.3 | 1.6 | 1.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 5.1 | 8.6 | 4.0 | 0.6 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.8 | 0 | 2.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 223.2 | 190.1 | 146.0 | 113.4 | 106.5 | 90.2 | 86.0 | 61.3 | 80.0 | 73.2 | 63.0 | 61.7 | 52.6 | 56.5 | 37.0 | 53.3 | 42.2 | 48.0 | 37.1 | 35.8 | 33.5 | 28.1 | 21.9 | 21.2 | 12.9 | 17.1 | 22.4 | 18.7 | 14.7 | 12.6 | 11.4 | 10.4 | 8.3 |
| EBIT | 188.7 | 157.9 | 117.9 | 87.7 | 78.6 | 65.0 | 61.9 | 37.0 | 55.6 | 50.8 | 43.2 | 47.7 | 39.1 | 44.5 | 27.5 | 44.8 | 42.2 | 40.9 | 30.6 | 28.8 | 27.2 | 19.6 | 14.1 | 13.2 | 6.1 | 11.0 | 16.7 | 14 | 10.7 | 8.5 | 7 | 6 | 4 |
| Income Before Tax | 188.7 | 166.5 | 122.0 | 87.7 | 78.6 | 65.0 | 61.6 | 35.9 | 54.8 | 49.8 | 41.2 | 44.9 | 38.0 | 43.5 | 27.3 | 44.4 | 42.3 | 39.6 | 29.3 | 27.5 | 22.8 | 18.0 | 13.4 | 11.4 | 5.0 | 10.7 | 15.7 | 13.3 | 10.2 | 8.1 | 5.9 | 5 | 3.3 |
| Income Tax Expense | 47.0 | 41.6 | 29.4 | 21.2 | 17.7 | 15.6 | 14.4 | 8.1 | 20.3 | 17.5 | 15.2 | 15.2 | 13.4 | 15.4 | 8.2 | 15.8 | 15.6 | 14.5 | 10.9 | 10.9 | 9.5 | 8.3 | 5.8 | 4.2 | 1.6 | 3.8 | 6 | 5.1 | 3.7 | 3 | 2.2 | 1.8 | 1.1 |
| Net Income | 141.6 | 124.9 | 92.6 | 66.5 | 60.9 | 49.3 | 47.2 | 27.8 | 34.6 | 32.3 | 25.9 | 29.7 | 24.6 | 28.0 | 19.2 | 28.7 | 34.2 | 25.1 | 16.5 | 7.5 | 13.3 | 9.6 | 7.6 | 7.3 | 3.4 | 6.9 | 9.7 | 8.2 | 6.5 | 5.1 | 3.7 | 3.2 | 2.2 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 4.82 | 4.26 | 3.16 | 2.28 | 2.09 | 1.70 | 1.63 | 0.96 | 1.20 | 1.12 | 0.90 | 1.03 | 0.86 | 0.98 | 0.64 | 0.96 | 1.16 | 0.86 | 0.58 | 0.27 | 0.49 | 0.37 | 0.30 | 0.29 | 0.13 | 0.26 | 0.35 | 0.28 | 0.23 | 0.18 | 0.13 | 0.12 | 0.08 |
| EPS (Diluted) | 4.79 | 4.23 | 3.14 | 2.26 | 2.08 | 1.69 | 1.61 | 0.95 | 1.19 | 1.11 | 0.90 | 1.03 | 0.85 | 0.98 | 0.64 | 0.96 | 1.14 | 0.85 | 0.56 | 0.26 | 0.48 | 0.36 | 0.29 | 0.28 | 0.13 | 0.25 | 0.33 | 0.27 | 0.21 | 0.17 | 0.13 | 0.12 | 0.08 |
| Shares Outstanding | 29.4 | 29.4 | 29.3 | 29.2 | 29.1 | 29.1 | 29.0 | 29.0 | 28.9 | 28.9 | 28.8 | 28.6 | 28.7 | 28.7 | 29.9 | 29.8 | 29.6 | 29.1 | 28.4 | 27.7 | 27.0 | 26.4 | 25.7 | 25.3 | 25.3 | 26.5 | 27.9 | 28.8 | 28.4 | 27.9 | 27.9 | 27.5 | 27.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 226.0 | 295.3 | 191.8 | 138.1 | 87.2 | 72.3 | 48.9 | 13.1 | 11.2 | 7.3 | 13.3 | 6.2 | 2.8 | 2.1 | 3.8 | 3.4 | 4.2 | 3.8 | 2.4 | 1.1 | 1.1 | 1.2 | 0.4 | 0.9 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 112.4 | 84.3 | 83.5 | 76.7 | 65.9 | 61.7 | 61.4 | 66.3 | 58.2 | 59.8 | 35.8 | 35.8 | 26.9 | 26.3 | 22.1 | 18.7 | 19.0 | 24.3 | 19.8 | 19.2 | 15.5 | 13.7 | 14.4 | 11.6 |
| Inventory | 151.9 | 143.4 | 153.7 | 119.9 | 99.6 | 81.6 | 81.9 | 80.8 | 85.2 | 77.7 | 32.5 | 39.3 | 35.6 | 29.7 | 25.2 | 21.5 | 20.3 | 19 | 22.4 | 21.6 | 17.5 | 15.8 | 18.5 | 18 |
| Other Current Assets | 16.8 | 17.1 | 13.2 | 13.3 | 0 | 0 | 0 | 4.5 | 4.1 | 6.2 | 2.6 | 2.9 | 4.0 | 3.8 | 3.1 | 2.6 | 0 | 0.9 | 1.1 | 0.6 | 0.9 | 0.7 | 0.7 | 0.7 |
| Total Current Assets | 507.1 | 540.1 | 442.2 | 347.8 | 261.4 | 223.7 | 200.1 | 164.7 | 158.6 | 151.0 | 86.7 | 86.5 | 71.4 | 63.0 | 55.4 | 44.4 | 44.5 | 48 | 45.7 | 42.5 | 35 | 31.4 | 34 | 31.2 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 79.6 | 74.3 | 73.9 | 73.5 | 78.0 | 82.7 | 85.8 | 90.3 | 93.6 | 90.2 | 62.9 | 61.8 | 42.0 | 42.8 | 43.5 | 41.1 | 42.6 | 42.1 | 37.4 | 24 | 19.4 | 17.4 | 16.6 | 16.6 |
| Goodwill | 235.6 | 111.8 | 113.2 | 101.3 | 104.3 | 88.7 | 71.3 | 71.3 | 67.4 | 49.3 | 7.0 | 7.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 118.5 | 48.9 | 57.4 | 53.6 | 69.8 | 59.6 | 53.9 | 60.6 | 65.3 | 51.9 | 23.6 | 25.0 | 8.3 | 8.4 | 6.8 | 0.8 | 1.1 | 1.1 | 1.5 | 0.7 | 0.9 | 1.2 | 1.6 | 1.3 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 32.8 | 8.9 | 7.5 | 14.0 | 9.8 | 11.4 | 10.2 | 3.7 | 3.9 | 6.6 | 5.8 | 5.7 | 21.3 | 19.6 | 20.8 | 12.5 | 9.1 | 11.9 | 12.3 | 15.1 | 10.8 | 10.5 | 9.8 | 8.5 |
| Total Non-Current Assets | 466.5 | 276.3 | 274.7 | 255.2 | 269.5 | 247.5 | 221.8 | 228.0 | 233.1 | 199.0 | 104.3 | 108.8 | 71.6 | 70.9 | 71.1 | 54.5 | 54.2 | 55.1 | 51.2 | 39.8 | 31.1 | 29.1 | 28 | 26.4 |
| Total Assets | 973.6 | 816.4 | 716.9 | 603.0 | 530.8 | 471.2 | 421.9 | 392.7 | 391.7 | 350.0 | 191.0 | 195.4 | 143.0 | 133.9 | 126.5 | 98.8 | 98.7 | 103.1 | 96.9 | 82.3 | 66.1 | 60.5 | 62 | 57.6 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 72.3 | 55.7 | 81.8 | 71.4 | 41.9 | 34.9 | 31.5 | 22.5 | 28.6 | 18.4 | 10.8 | 13.2 | 11.4 | 14.9 | 11.0 | 8.9 | 6.5 | 10.5 | 10.2 | 7.2 | 7.1 | 4.9 | 4.6 | 2.8 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 4.5 | 18.1 | 44.5 | 38.0 | 8.0 | 19.7 | 22.9 | 9.2 | 26.3 | 8.3 | 23.0 | 16.6 | 14.3 | 11.2 | 2.6 | 5.5 | 10.4 | 12.6 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 40.8 | 62.5 | 50.1 | 38.9 | 40.3 | 33.1 | 21.2 | 19.5 | 18.9 | 16.6 | 0.9 | 1.3 | 4.8 | 2.6 | 1.6 | 0.2 | 0.9 | 9.7 | 10.4 | 10.3 | 7.7 | 4.8 | 4.4 | 3.7 |
| Total Current Liabilities | 150.7 | 118.2 | 131.9 | 110.3 | 82.1 | 68.0 | 57.2 | 60.0 | 93.1 | 75.8 | 26.3 | 50.8 | 45.2 | 37.1 | 48.6 | 23.8 | 37.0 | 36.8 | 34.9 | 28.7 | 17.4 | 15.2 | 19.4 | 19.1 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.5 | 14.8 | 24.4 | 13.0 | 20.5 | 5.9 | 11.5 | 2.6 | 0.9 | 1.1 | 1 | 1.2 | 1.4 |
| Deferred Tax Liabilities | 3.5 | 3.7 | 5.1 | 4.6 | 5.4 | 5.7 | 0.9 | 3.3 | 3.4 | 1.9 | 0 | 0.1 | 7.4 | 5.7 | 4.7 | 2.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 106.1 | 24.2 | 13.7 | 13.4 | 40.2 | 36.2 | 32.7 | 25.8 | 17.7 | 15.8 | 20.3 | 27.9 | 11.4 | 11.5 | 12.1 | 11.6 | 11.8 | 11.8 | 11.6 | 11.2 | 11 | 12.1 | 12 | 11 |
| Total Non-Current Liabilities | 109.6 | 92.0 | 68.5 | 50.3 | 45.6 | 41.9 | 33.6 | 29.2 | 21.2 | 17.7 | 20.3 | 33.5 | 33.6 | 41.6 | 29.8 | 34.6 | 17.7 | 23.3 | 14.2 | 12.1 | 12.1 | 13.1 | 13.2 | 12.4 |
| Total Liabilities | 260.3 | 210.2 | 200.4 | 160.6 | 127.7 | 110.0 | 90.8 | 89.2 | 114.3 | 93.5 | 46.6 | 84.3 | 78.9 | 78.7 | 78.4 | 58.4 | 54.7 | 60.1 | 49.1 | 40.8 | 29.5 | 28.3 | 32.6 | 31.5 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 0 | 37.2 | 37.2 | 37.2 | 37.2 | 37.2 | 37.2 | 37.2 | 37.2 | 37.1 | 21.2 | 21.1 | 9.9 | 4.8 | 4.8 | 4.7 | 4.6 | 4.5 | 3.4 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 0 | 547.8 | 458.7 | 395.2 | 353.5 | 314.9 | 285.9 | 257.3 | 244.2 | 223.9 | 135.2 | 107.9 | 64.9 | 58.9 | 54.8 | 50.7 | 50.5 | 46.4 | 39.2 | 33.1 | 28.2 | 24.6 | 22.2 | 20.1 |
| Accumulated Other Comprehensive Income | 0 | (7.9) | (1.6) | (6.0) | 0.1 | 1.3 | 0.4 | 0.6 | (10.9) | (11.6) | (14.6) | (16.7) | 1.0 | (0.0) | (1.5) | (1.9) | (2.3) | (2.6) | (2.6) | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 713.3 | 606.2 | 516.5 | 442.4 | 403.1 | 361.3 | 331.1 | 303.5 | 277.5 | 256.2 | 144.5 | 111.0 | 64.1 | 55.2 | 48.1 | 43.0 | 43.3 | 43 | 47.8 | 41.5 | 36.6 | 32.2 | 29.4 | 26.1 |
| Total Liabilities & Equity | 973.6 | 816.4 | 716.9 | 603.0 | 530.8 | 471.2 | 421.9 | 392.7 | 391.7 | 349.7 | 191.0 | 195.4 | 143.0 | 133.9 | 126.5 | 101.4 | 98.0 | 103.1 | 96.9 | 82.3 | 66.1 | 60.5 | 62 | 57.6 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 4.5 | 18.1 | 44.5 | 38.0 | 8.0 | 25.2 | 37.7 | 33.6 | 39.4 | 28.8 | 29.0 | 28.1 | 16.9 | 12.1 | 3.7 | 6.5 | 11.6 | 14 |
| Net Debt | (226.0) | (295.3) | (191.8) | (138.1) | (87.2) | (72.3) | (44.4) | 5.0 | 33.4 | 30.6 | (5.3) | 19.0 | 34.9 | 31.5 | 35.6 | 25.4 | 24.7 | 24.3 | 14.5 | 11 | 2.6 | 5.3 | 11.2 | 13.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | 141.6 | 124.9 | 92.6 | 66.5 | 60.9 | 49.3 | 47.2 | 27.8 | 34.6 | 32.3 | 13.3 | 9.6 | 7.6 | 7.3 | 3.4 | 6.9 | 9.7 | 8.2 | 6.5 | 5.1 | 3.7 | 3.2 | 2.2 |
| Depreciation & Amortization | 34.6 | 32.2 | 28.1 | 26.2 | 27.9 | 25.2 | 24.1 | 24.3 | 24.4 | 22.4 | 6.4 | 7.2 | 7.8 | 8.0 | 6.8 | 6.1 | 5.7 | 4.7 | 4 | 4.1 | 4.4 | 4.4 | 4.3 |
| Stock-Based Compensation | 9.2 | 6.2 | 5.2 | 3.1 | 2.3 | 1.4 | 1.2 | 4.2 | 1.7 | 1.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (1.0) | 3.0 | (5.8) | (7.2) | (0.3) | 16.5 | 9.7 | (8.2) | (6.7) | (0.5) | (3.3) | (14.0) | (4.3) | 2.9 | 0.2 | (1.6) | (1.3) | 1.3 | (4.9) | 1.2 | 4.1 | (1) | (3.5) |
| Other Non-Cash Items | 0.1 | (0.2) | (0.3) | (0.6) | (0.2) | 0.2 | (0.0) | 17.5 | (0.1) | (0.3) | 2.4 | 1.1 | 2.6 | (7.9) | (3.1) | 1.0 | 0.6 | 0.1 | 0.6 | 0.1 | 0 | 0.2 | 0.4 |
| Operating Cash Flow | 183.7 | 155.0 | 110.1 | 82.5 | 87.5 | 89.6 | 80.7 | 60.4 | 49.8 | 56.2 | 18.4 | 5.5 | 14.1 | 12.2 | 8.6 | 13.3 | 15.4 | 14.7 | 5.2 | 9.9 | 12 | 6.3 | 3 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (14.0) | (12.8) | (12.0) | (5.9) | (6.7) | (9.1) | (7.5) | (8.6) | (15.1) | (10.6) | (9.1) | (5.6) | (7.1) | (5.9) | (5.0) | (6.4) | (10) | (17.9) | (8.3) | (5.4) | (4.5) | (3.6) | (3.1) |
| Acquisitions | (184.0) | (3) | (17.1) | (45.3) | (45.3) | (29.1) | (8.0) | (8.0) | (20.4) | (1.8) | 0 | 0 | 0 | (8.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 45.3 | 0.6 | 0 | 8.0 | 0 | 0 | 0 | (0.3) | (0.7) | (0.3) | (0.2) | 0.1 | 0.1 | (0.7) | 1.9 | (3.7) | (0.5) | (0.6) | (0.3) | (0.1) |
| Investing Cash Flow | (198.1) | (15.8) | (29.1) | (5.9) | (51.4) | (38.2) | (7.5) | (16.7) | (35.4) | (12.4) | (9.4) | (6.2) | (7.4) | (14.6) | (4.9) | (6.3) | (10.7) | (16) | (12) | (5.9) | (5.1) | (3.9) | (3.2) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | (4.6) | (13.5) | 0 | 0 | 0 | 2.6 | 4.1 | 10.3 | 5.6 | (0.2) | 0.9 | 11.2 | 2.8 | 8.5 | (2.9) | (4.9) | (2.1) | 1.3 |
| Stock Repurchased | (15.0) | 0 | 0 | (0.4) | (0.5) | (3.1) | (5.2) | (4.8) | (4.4) | 0 | (3.3) | (1.7) | (1.1) | (1.6) | (2.4) | (5.5) | (13.8) | (2.7) | (1.8) | (0.2) | 0 | 0 | 0 |
| Dividends Paid | (43.5) | (35.8) | (29.1) | (24.9) | (22.2) | (20.3) | (18.6) | (16.3) | (14.2) | (12.5) | (3.9) | (3.6) | (3.4) | (3.2) | (3.2) | (2.9) | (2.5) | (2.1) | (1.7) | (1.5) | (1.3) | (1.2) | (1.1) |
| Other Financing Activities | 0 | 0 | 0 | 0.7 | 2.1 | (1.0) | (0.4) | (21.6) | 7.6 | (32.5) | (8.2) | 0 | (16.0) | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | (58.0) | (35.1) | (28.1) | (24.6) | (20.5) | (27.8) | (37.7) | (42.1) | (10.4) | (44.5) | (9.1) | 1.5 | (8.4) | 2.8 | (4.5) | (6.4) | (3.4) | 2.7 | 6.7 | (4) | (6.1) | (3) | 0.2 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | (69.3) | 103.5 | 53.7 | 50.9 | 14.9 | 23.4 | 35.8 | 1.9 | 3.8 | (0.8) | 1.6 | 0.7 | (1.7) | 0.4 | (0.8) | 0.5 | 1.4 | 1.4 | (0.1) | 0 | 0.8 | (0.6) | 0 |
| Cash at Beginning | 295.3 | 191.8 | 138.1 | 87.2 | 72.3 | 48.9 | 13.1 | 11.2 | 7.3 | 8.2 | 2.8 | 2.1 | 3.8 | 3.4 | 4.2 | 3.8 | 2.4 | 1.1 | 1.1 | 1.2 | 0.4 | 0.9 | 0.9 |
| Cash at End | 226.0 | 295.3 | 191.8 | 138.1 | 87.2 | 72.3 | 48.9 | 13.1 | 11.2 | 7.3 | 4.4 | 2.8 | 2.1 | 3.8 | 3.4 | 4.2 | 3.8 | 2.5 | 1 | 1.2 | 1.2 | 0.3 | 0.9 |
| Free Cash Flow | 169.7 | 142.2 | 98.1 | 76.6 | 80.8 | 80.5 | 73.2 | 51.7 | 34.7 | 45.6 | 9.3 | (0.1) | 7.0 | 6.3 | 3.6 | 6.8 | 5.4 | (3.2) | (3.1) | 4.5 | 7.5 | 2.7 | (0.1) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 916.7 | 826.6 | 703.6 | 565.6 | 505.2 | 425.5 | 424.6 | 433.7 | 402.4 | 393.8 | 377.7 | 364.8 | 334.1 | 319.7 | 262.9 | 276.6 | 250.3 | 279.6 | 234.8 | 229.8 | 216.7 | 205.0 | 184.0 | 167.3 | 138.5 | 146.4 | 150.9 | 143.8 | 130.8 | 116 | 108.6 | 99.2 | 84.5 |
| Gross Profit | 382.1 | 329.2 | 276.4 | 220.0 | 205.5 | 168.2 | 163.5 | 162.3 | 155.7 | 150.6 | 135.8 | 131.1 | 117.0 | 122.2 | 89.8 | 102.8 | 97.0 | 98.5 | 81.4 | 76.6 | 73.9 | 67.5 | 60.5 | 56 | 44.5 | 59.1 | 64.9 | 62 | 52.8 | 46.6 | 43.5 | 40.8 | 36.7 |
| Operating Income | 183.4 | 157.9 | 118.0 | 87.3 | 78.7 | 65.2 | 62.1 | 56.9 | 55.6 | 50.8 | 42.4 | 46.0 | 39.1 | 44.5 | 27.5 | 44.8 | 42.2 | 40.9 | 30.6 | 28.8 | 23.9 | 20.2 | 14.1 | 13.2 | 6.1 | 11.0 | 16.7 | 14 | 11 | 8.8 | 7 | 6 | 4 |
| Net Income | 141.6 | 124.9 | 92.6 | 66.5 | 60.9 | 49.3 | 47.2 | 27.8 | 34.6 | 32.3 | 25.9 | 29.7 | 24.6 | 28.0 | 19.2 | 28.7 | 34.2 | 25.1 | 16.5 | 7.5 | 13.3 | 9.6 | 7.6 | 7.3 | 3.4 | 6.9 | 9.7 | 8.2 | 6.5 | 5.1 | 3.7 | 3.2 | 2.2 |
| EPS (Diluted) | 4.79 | 4.23 | 3.14 | 2.26 | 2.08 | 1.69 | 1.61 | 0.95 | 1.19 | 1.11 | 0.90 | 1.03 | 0.85 | 0.98 | 0.64 | 0.96 | 1.14 | 0.85 | 0.56 | 0.26 | 0.48 | 0.36 | 0.29 | 0.28 | 0.13 | 0.25 | 0.33 | 0.27 | 0.21 | 0.17 | 0.13 | 0.12 | 0.08 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 226.0 | 295.3 | 191.8 | 138.1 | 87.2 | 72.3 | 48.9 | 13.1 | 11.2 | 7.3 | 13.3 | 6.2 | 2.8 | 2.1 | 3.8 | 3.4 | 4.2 | 3.8 | 2.4 | 1.1 | 1.1 | 1.2 | 0.4 | 0.9 | |||||||||
| Total Assets | 973.6 | 816.4 | 716.9 | 603.0 | 530.8 | 471.2 | 421.9 | 392.7 | 391.7 | 350.0 | 191.0 | 195.4 | 143.0 | 133.9 | 126.5 | 98.8 | 98.7 | 103.1 | 96.9 | 82.3 | 66.1 | 60.5 | 62 | 57.6 | |||||||||
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 4.5 | 18.1 | 44.5 | 38.0 | 8.0 | 25.2 | 37.7 | 33.6 | 39.4 | 28.8 | 29.0 | 28.1 | 16.9 | 12.1 | 3.7 | 6.5 | 11.6 | 14 | |||||||||
| Stockholders' Equity | 713.3 | 606.2 | 516.5 | 442.4 | 403.1 | 361.3 | 331.1 | 303.5 | 277.5 | 256.2 | 144.5 | 111.0 | 64.1 | 55.2 | 48.1 | 43.0 | 43.3 | 43 | 47.8 | 41.5 | 36.6 | 32.2 | 29.4 | 26.1 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 183.7 | 155.0 | 110.1 | 82.5 | 87.5 | 89.6 | 80.7 | 60.4 | 49.8 | 56.2 | 18.4 | 5.5 | 14.1 | 12.2 | 8.6 | 13.3 | 15.4 | 14.7 | 5.2 | 9.9 | 12 | 6.3 | 3 | ||||||||||
| Capital Expenditure | (14.0) | (12.8) | (12.0) | (5.9) | (6.7) | (9.1) | (7.5) | (8.6) | (15.1) | (10.6) | (9.1) | (5.6) | (7.1) | (5.9) | (5.0) | (6.4) | (10) | (17.9) | (8.3) | (5.4) | (4.5) | (3.6) | (3.1) | ||||||||||
| Free Cash Flow | 169.7 | 142.2 | 98.1 | 76.6 | 80.8 | 80.5 | 73.2 | 51.7 | 34.7 | 45.6 | 9.3 | (0.1) | 7.0 | 6.3 | 3.6 | 6.8 | 5.4 | (3.2) | (3.1) | 4.5 | 7.5 | 2.7 | (0.1) | ||||||||||