BMI
Badger Meter, Inc.
Price Chart
Latest Quote
$134.81
| Previous Close | $134.65 |
| Open | $134.81 |
| Day High | $135.08 |
| Day Low | $131.70 |
| Volume | 131,141 |
Stock Information
| Quarterly Dividend / Yield | $1.60 / 1.18% |
| Shares Outstanding | 29.19M |
| Quarterly Dividend Yield | 1.18% |
| Quarterly Dividend | $1.60 |
| Cash Equivalents | $205.45M |
| Revenue | $896.73M |
| Net Income | $130.57M |
| Sector | Technology |
| Industry | Scientific & Technical Instruments |
| Market Cap | $3.93B |
| P/E Ratio | 30.57 |
| EPS (TTM) | $4.41 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $3.75B |
| Sales | $896.73M |
| Income | $130.57M |
| Book/sh | $23.66 |
| Cash/sh | $7.04 |
| Employees | 2K |
Financial Ratios
| Quick Ratio | 1.86 |
| Current Ratio | 3.00 |
| EPS Growth TTM | -28.80% |
Returns & Margins
| ROA | 11.31% |
| ROE | 19.60% |
| Gross Margin | 41.37% |
| Operating Margin | 17.40% |
| Profit Margin | 14.56% |
Ownership
| Insider Ownership | 0.60% |
| Institutional Ownership | 110.35% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 25.82 |
| PEG | 3.38 |
| P/S | 4.39 |
| P/B | 5.70 |
Analyst Data
| Recommendation | buy |
| Target Price | $148.67 |
Technical Indicators
| SMA20 | $128.52 |
| SMA50 | $127.24 |
| SMA200 | $158.16 |
| RSI | 71.12 |
| ATR | 4.5086 |
| Shares Float | 29.00M |
| Short Float | 20.42% |
| Short Ratio | 7.74 |
| Volatility | 0.68 |
| Rel Volume | 0.32 |
Performance History
| Week | +3.29% |
| Month | +13.51% |
| Quarter | -8.86% |
| 6 Months | -26.32% |
| YTD | -23.12% |
| Year | -43.84% |
| 3 Years | -9.24% |
| 5 Years | +48.33% |
| 10 Years | +308.68% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $134.81 | 131,141 |
| 2026-06-17 | $134.65 | 621,300 |
| 2026-06-16 | $135.38 | 350,500 |
| 2026-06-15 | $134.40 | 514,000 |
| 2026-06-12 | $131.73 | 415,500 |
| 2026-06-11 | $130.52 | 361,600 |
| 2026-06-10 | $128.43 | 567,500 |
| 2026-06-09 | $130.53 | 337,500 |
| 2026-06-08 | $130.34 | 430,200 |
| 2026-06-05 | $126.53 | 308,100 |
| 2026-06-04 | $127.97 | 374,300 |
| 2026-06-03 | $129.80 | 496,700 |
| 2026-06-02 | $125.63 | 333,800 |
| 2026-06-01 | $122.54 | 370,700 |
| 2026-05-29 | $123.90 | 443,600 |
| 2026-05-28 | $124.74 | 262,800 |
| 2026-05-27 | $125.53 | 354,400 |
| 2026-05-26 | $127.20 | 515,600 |
| 2026-05-22 | $125.84 | 521,000 |
| 2026-05-21 | $119.84 | 460,800 |
| 2026-05-20 | $117.67 | 579,300 |
| 2026-05-19 | $118.76 | 776,300 |
| 2026-05-18 | $118.56 | 572,400 |
About Badger Meter, Inc.
Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. The company offers Utility water smart metering solutions and software technologies and services to municipal water utility market. It also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids, including water, air, steam, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. In addition, the company offers ORION Cellular endpoints to power network as a service; ORION mobile read endpoints support for deploying AMR solution; radio products; hardware, instruments, and sensors, and related software, to enhance connected data to a water utility's operation; water quality monitoring solutions, including optical sensing and electrochemical instruments; and high frequency pressure and leak detection sensors to aid in burst pipe and leak events; as well as BEACON, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water user to view and manage their water usage activity. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. The company serves water utilities, commercial, and industrial industries; and provides training, project management, technical support, and other collaborative services for customers. It sells its products and software to employees, resellers, and representatives. The company was incorporated in 1905 and is based in Milwaukee, Wisconsin.
đ° Latest News
Badger Meter (BMI) Stock Valuation After Class Action Lawsuits And Revenue Recognition Allegations
Simply Wall St. âĸ 2026-06-13T07:18:03ZIs Badger Meter, Inc. (BMI) A Good Stock To Buy Now?
Insider Monkey âĸ 2026-06-12T16:17:39ZBadger Meter (BMI) Increases Yet Falls Behind Market: What Investors Need to Know
Zacks âĸ 2026-06-11T22:00:02ZBadger Meter (BMI) Stock Moves -1.61%: What You Should Know
Zacks âĸ 2026-06-10T22:15:03ZQ1 Earnings Highlights: Badger Meter (NYSE:BMI) Vs The Rest Of The Inspection Instruments Stocks
StockStory âĸ 2026-06-08T21:25:50ZBadger Meter (BMI) Stock Drops Despite Market Gains: Important Facts to Note
Zacks âĸ 2026-06-04T22:00:02Z2 Profitable Stocks on Our Watchlist and 1 We Brush Off
StockStory âĸ 2026-06-04T17:17:30ZBadger Meter Extends Beyond The Meter With UDlive Sewer Monitoring Acquisition
Simply Wall St. âĸ 2026-05-30T00:14:25ZSensata (ST) Up 27.7% Since Last Earnings Report: Can It Continue?
Zacks âĸ 2026-05-28T15:30:17ZBMI- A Value and Income Play in the Industrial Sector
MoneyShow âĸ 2026-05-27T05:01:00ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $534,593,000 | $497,374,000 | $427,154,000 | $345,598,000 |
| Cost Of Revenue | $534,593,000 | $497,374,000 | $427,154,000 | $345,598,000 |
| Total Revenue | $916,663,000 | $826,558,000 | $703,592,000 | $565,568,000 |
| Operating Revenue | $916,663,000 | $826,558,000 | $703,592,000 | $565,568,000 |
| Expenses | ||||
| Total Expenses | $733,242,000 | $668,622,000 | $585,543,000 | $478,273,000 |
| Other Income Expense | $112,000 | $-49,000 | $-130,000 | $-130,000 |
| Other Non Operating Income Expenses | $112,000 | $-49,000 | $-130,000 | $-130,000 |
| Net Non Operating Interest Income Expense | $5,124,000 | $8,613,000 | $4,047,000 | $552,000 |
| Operating Expense | $198,649,000 | $171,248,000 | $158,389,000 | $132,675,000 |
| General And Administrative Expense | - | - | $158,519,000 | $132,805,000 |
| Total Other Finance Cost | - | - | - | $-552,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $141,634,000 | $124,942,000 | $92,598,000 | $66,496,000 |
| Net Interest Income | $5,124,000 | $8,613,000 | $4,047,000 | $552,000 |
| Interest Income | $5,124,000 | $8,613,000 | $4,047,000 | $552,000 |
| Normalized Income | $141,634,000 | $124,942,000 | $92,598,000 | $66,496,000 |
| Net Income From Continuing And Discontinued Operation | $141,634,000 | $124,942,000 | $92,598,000 | $66,496,000 |
| Total Operating Income As Reported | $183,421,000 | $157,936,000 | $118,049,000 | $87,295,000 |
| Net Income Common Stockholders | $141,634,000 | $124,942,000 | $92,598,000 | $66,496,000 |
| Net Income | $141,634,000 | $124,942,000 | $92,598,000 | $66,496,000 |
| Net Income Including Noncontrolling Interests | $141,634,000 | $124,942,000 | $92,598,000 | $66,496,000 |
| Net Income Continuous Operations | $141,634,000 | $124,942,000 | $92,598,000 | $66,496,000 |
| Pretax Income | $188,657,000 | $166,500,000 | $121,966,000 | $87,717,000 |
| Interest Income Non Operating | $5,124,000 | $8,613,000 | $4,047,000 | $552,000 |
| Operating Income | $183,421,000 | $157,936,000 | $118,049,000 | $87,295,000 |
| Gross Profit | $382,070,000 | $329,184,000 | $276,438,000 | $219,970,000 |
| Per Share | ||||
| Diluted EPS | $4.79 | $4.23 | $3.14 | $2.26 |
| Basic EPS | $4.82 | $4.26 | $3.16 | $2.28 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $218,005,000 | $190,121,000 | $146,159,000 | $113,536,000 |
| Reconciled Depreciation | $34,584,000 | $32,185,000 | $28,110,000 | $26,241,000 |
| EBITDA (Bullshit earnings) | $218,005,000 | $190,121,000 | $146,159,000 | $113,536,000 |
| EBIT | $183,421,000 | $157,936,000 | $118,049,000 | $87,295,000 |
| Diluted Average Shares | $29,569,496 | $29,533,543 | $29,455,557 | $29,376,077 |
| Basic Average Shares | $29,398,469 | $29,355,741 | $29,284,396 | $29,218,486 |
| Diluted NI Availto Com Stockholders | $141,634,000 | $124,942,000 | $92,598,000 | $66,496,000 |
| Tax Provision | $47,023,000 | $41,558,000 | $29,368,000 | $21,221,000 |
| Selling General And Administration | $198,649,000 | $171,248,000 | $158,389,000 | $132,675,000 |
| Other Gand A | - | - | $158,389,000 | $132,675,000 |
| Salaries And Wages | - | - | $130,000 | $130,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $355,523,000 | $445,596,000 | $345,882,000 | $287,554,000 |
| Total Assets | $973,577,000 | $816,413,000 | $716,919,000 | $603,047,000 |
| Total Non Current Assets | $466,500,000 | $276,297,000 | $274,742,000 | $255,215,000 |
| Other Non Current Assets | $14,953,000 | $8,876,000 | $7,549,000 | $14,048,000 |
| Non Current Deferred Assets | $14,140,000 | $32,525,000 | $22,715,000 | $12,757,000 |
| Non Current Deferred Taxes Assets | $14,140,000 | $32,525,000 | $22,715,000 | $12,757,000 |
| Goodwill And Other Intangible Assets | $357,771,000 | $160,636,000 | $170,600,000 | $154,868,000 |
| Other Intangible Assets | $122,196,000 | $48,866,000 | $57,437,000 | $53,607,000 |
| Current Assets | $507,077,000 | $540,116,000 | $442,177,000 | $347,832,000 |
| Other Current Assets | $16,770,000 | $17,078,000 | $13,214,000 | $13,273,000 |
| Inventory | $151,935,000 | $143,408,000 | $153,674,000 | $119,856,000 |
| Receivables | $112,356,000 | $84,325,000 | $83,507,000 | $76,651,000 |
| Accounts Receivable | $112,356,000 | $84,325,000 | $83,507,000 | $76,651,000 |
| Allowance For Doubtful Accounts Receivable | $-2,487,000 | $-2,980,000 | $-2,904,000 | $-1,179,000 |
| Gross Accounts Receivable | $114,843,000 | $87,305,000 | $86,411,000 | $77,830,000 |
| Cash Cash Equivalents And Short Term Investments | $226,016,000 | $295,305,000 | $191,782,000 | $138,052,000 |
| Cash And Cash Equivalents | $226,016,000 | $295,305,000 | $191,782,000 | $138,052,000 |
| Cash Financial | - | - | - | $138,052,000 |
| Prepaid Assets | - | - | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $260,283,000 | $210,181,000 | $200,437,000 | $160,625,000 |
| Total Non Current Liabilities Net Minority Interest | $109,567,000 | $91,976,000 | $68,489,000 | $50,313,000 |
| Other Non Current Liabilities | $24,162,000 | $14,211,000 | $4,758,000 | $5,568,000 |
| Non Current Deferred Liabilities | $76,248,000 | $67,805,000 | $54,824,000 | $36,888,000 |
| Non Current Deferred Taxes Liabilities | $3,477,000 | $3,652,000 | $5,061,000 | $4,648,000 |
| Current Liabilities | $150,716,000 | $118,205,000 | $131,948,000 | $110,312,000 |
| Other Current Liabilities | $32,332,000 | $20,351,000 | $9,168,000 | $8,753,000 |
| Payables And Accrued Expenses | $72,299,000 | $55,659,000 | $81,807,000 | $71,440,000 |
| Payables | $72,299,000 | $55,659,000 | $81,807,000 | $71,440,000 |
| Accounts Payable | $72,299,000 | $55,659,000 | $81,807,000 | $71,440,000 |
| Equity | ||||
| Common Stock Equity | $713,294,000 | $606,232,000 | $516,482,000 | $442,422,000 |
| Total Equity Gross Minority Interest | $713,294,000 | $606,232,000 | $516,482,000 | $442,422,000 |
| Stockholders Equity | $713,294,000 | $606,232,000 | $516,482,000 | $442,422,000 |
| Gains Losses Not Affecting Retained Earnings | $6,474,000 | $-7,906,000 | $-1,646,000 | $-5,983,000 |
| Other Equity Adjustments | $6,474,000 | $-7,906,000 | $-1,646,000 | $-5,983,000 |
| Retained Earnings | $645,876,000 | $547,796,000 | $458,719,000 | $395,155,000 |
| Other | ||||
| Treasury Shares Number | $7,834,360 | $7,810,158 | $7,873,781 | $7,928,071 |
| Ordinary Shares Number | $29,386,738 | $29,410,940 | $29,347,317 | $29,293,027 |
| Share Issued | $37,221,098 | $37,221,098 | $37,221,098 | $37,221,098 |
| Tangible Book Value | $355,523,000 | $445,596,000 | $345,882,000 | $287,554,000 |
| Invested Capital | $713,294,000 | $606,232,000 | $516,482,000 | $442,422,000 |
| Working Capital | $356,361,000 | $421,911,000 | $310,229,000 | $237,520,000 |
| Total Capitalization | $713,294,000 | $606,232,000 | $516,482,000 | $442,422,000 |
| Treasury Stock | $51,567,000 | $36,698,000 | $36,997,000 | $37,253,000 |
| Additional Paid In Capital | $75,290,000 | $65,819,000 | $59,185,000 | $53,282,000 |
| Capital Stock | $37,221,000 | $37,221,000 | $37,221,000 | $37,221,000 |
| Common Stock | $37,221,000 | $37,221,000 | $37,221,000 | $37,221,000 |
| Employee Benefits | $9,157,000 | $9,960,000 | $8,907,000 | $7,857,000 |
| Non Current Pension And Other Postretirement Benefit Plans | $2,499,000 | $3,033,000 | $3,614,000 | $3,917,000 |
| Non Current Deferred Revenue | $72,771,000 | $64,153,000 | $49,763,000 | $32,240,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $37,619,000 | $34,912,000 | $29,871,000 | $20,513,000 |
| Current Provisions | $8,466,000 | $7,283,000 | $11,102,000 | $9,606,000 |
| Goodwill | $235,575,000 | $111,770,000 | $113,163,000 | $101,261,000 |
| Net PPE | $79,636,000 | $74,260,000 | $73,878,000 | $73,542,000 |
| Accumulated Depreciation | $-168,814,000 | $-158,943,000 | $-152,110,000 | $-147,403,000 |
| Gross PPE | $248,450,000 | $233,203,000 | $225,988,000 | $220,945,000 |
| Machinery Furniture Equipment | $163,950,000 | $152,440,000 | $144,582,000 | $141,153,000 |
| Buildings And Improvements | $74,956,000 | $71,526,000 | $72,149,000 | $70,845,000 |
| Land And Improvements | $9,544,000 | $9,237,000 | $9,257,000 | $8,947,000 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $23,087,000 | $24,022,000 | $34,764,000 | $31,350,000 |
| Work In Process | $29,244,000 | $36,705,000 | $41,261,000 | $23,577,000 |
| Raw Materials | $99,604,000 | $82,681,000 | $77,649,000 | $64,929,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $169,672,000 | $142,216,000 | $98,114,000 | $76,560,000 |
| Operating Activities | ||||
| Operating Cash Flow | $183,698,000 | $155,034,000 | $110,117,000 | $82,451,000 |
| Cash Flow From Continuing Operating Activities | $183,698,000 | $155,034,000 | $110,117,000 | $82,451,000 |
| Operating Gains Losses | $136,000 | $-153,000 | $-338,000 | $-648,000 |
| Investing Activities | ||||
| Capital Expenditure | $-14,026,000 | $-12,818,000 | $-12,003,000 | $-5,891,000 |
| Investing Cash Flow | $-198,050,000 | $-15,818,000 | $-29,130,000 | $-5,891,000 |
| Cash Flow From Continuing Investing Activities | $-198,050,000 | $-15,818,000 | $-29,130,000 | $-5,891,000 |
| Capital Expenditure Reported | $-14,026,000 | $-12,818,000 | $-12,003,000 | - |
| Net Other Investing Changes | - | - | - | - |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-15,002,000 | $0 | $0 | $-427,000 |
| Financing Cash Flow | $-57,977,000 | $-35,096,000 | $-28,085,000 | $-24,605,000 |
| Cash Flow From Continuing Financing Activities | $-57,977,000 | $-35,096,000 | $-28,085,000 | $-24,605,000 |
| Cash Dividends Paid | $-43,529,000 | $-35,847,000 | $-29,052,000 | $-24,881,000 |
| Common Stock Dividend Paid | $-43,529,000 | $-35,847,000 | $-29,052,000 | $-24,881,000 |
| Net Common Stock Issuance | $-15,002,000 | $0 | $0 | $-427,000 |
| Issuance Of Capital Stock | - | - | $0 | $0 |
| Common Stock Issuance | - | - | $0 | $0 |
| Other | ||||
| Interest Paid Supplemental Data | $0 | $0 | $0 | $0 |
| Income Tax Paid Supplemental Data | $48,753,000 | $56,043,000 | $38,934,000 | $24,038,000 |
| End Cash Position | $226,016,000 | $295,305,000 | $191,782,000 | $138,052,000 |
| Beginning Cash Position | $295,305,000 | $191,782,000 | $138,052,000 | $87,174,000 |
| Effect Of Exchange Rate Changes | $3,040,000 | $-597,000 | $828,000 | $-1,077,000 |
| Changes In Cash | $-72,329,000 | $104,120,000 | $52,902,000 | $51,955,000 |
| Proceeds From Stock Option Exercised | $554,000 | $751,000 | $967,000 | $703,000 |
| Common Stock Payments | $-15,002,000 | $0 | $0 | $-427,000 |
| Net Business Purchase And Sale | $-184,024,000 | $-3,000,000 | $-17,127,000 | $0 |
| Purchase Of Business | $-184,024,000 | $-3,000,000 | $-17,127,000 | $0 |
| Change In Working Capital | $-992,000 | $2,952,000 | $-5,791,000 | $-7,167,000 |
| Change In Other Current Liabilities | $9,515,000 | $21,549,000 | $31,533,000 | $7,732,000 |
| Change In Payables And Accrued Expense | $14,399,000 | $-12,161,000 | $8,506,000 | $28,007,000 |
| Change In Payable | $14,399,000 | $-12,161,000 | $8,506,000 | $28,007,000 |
| Change In Prepaid Assets | $-3,804,000 | $-15,312,000 | $-7,012,000 | $-10,557,000 |
| Change In Inventory | $-987,000 | $10,320,000 | $-32,467,000 | $-21,021,000 |
| Change In Receivables | $-20,115,000 | $-1,444,000 | $-6,351,000 | $-11,328,000 |
| Stock Based Compensation | $9,190,000 | $6,182,000 | $5,188,000 | $3,148,000 |
| Deferred Tax | $-854,000 | $-11,074,000 | $-9,650,000 | $-5,619,000 |
| Deferred Income Tax | $-854,000 | $-11,074,000 | $-9,650,000 | $-5,619,000 |
| Depreciation Amortization Depletion | $34,584,000 | $32,185,000 | $28,110,000 | $26,241,000 |
| Depreciation And Amortization | $34,584,000 | $32,185,000 | $28,110,000 | $26,241,000 |
| Amortization Cash Flow | $23,481,000 | $21,082,000 | $17,173,000 | $15,151,000 |
| Amortization Of Intangibles | $23,481,000 | $21,082,000 | $17,173,000 | $15,151,000 |
| Depreciation | $11,103,000 | $11,103,000 | $10,937,000 | $11,090,000 |
| Pension And Employee Benefit Expense | $136,000 | $-153,000 | $-338,000 | $-648,000 |
| Net Income From Continuing Operations | $141,634,000 | $124,942,000 | $92,598,000 | $66,496,000 |
| Net PPE Purchase And Sale | - | $-12,818,000 | $-12,003,000 | $-5,891,000 |
| Purchase Of PPE | - | $-12,818,000 | $-12,003,000 | $-5,891,000 |
| Net Issuance Payments Of Debt | - | - | - | $0 |
| Net Short Term Debt Issuance | - | - | - | $0 |
| Repayment Of Debt | - | - | - | - |
| Short Term Debt Payments | - | - | - | - |