Badger Meter posts record Q2 2024 sales of $216.7 million and diluted EPS of $1.12
Badger Meter reported second quarter 2024 net sales of $216.7 million, up 23% from $175.9 million a year earlier, with diluted EPS of $1.12 versus $0.76. Operating profit rose 41% and the operating margin widened to 19.2% from 16.8%, which shows strong growth in both sales and profit for shareholders. Management said it expects high single digit sales growth in the second half of 2024 and modest operating margin expansion over the full year.
Key points
- Q2 2024 net sales $216.7 million vs. $175.9 million in Q2 2023 (up 23%)
- Operating margin 19.2% vs. 16.8% a year earlier; operating earnings up 41%
- Diluted EPS $1.12 vs. $0.76; six-month diluted EPS $2.11 vs. $1.42
- Management expects high single digit sales growth in the back half of 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 19, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.