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Badger Meter Inc

Technology US BMI

127.97USD
-1.83(1.41%)

Last update at 2026-06-04T20:00:00Z

Day Range

126.45130.13
LowHigh

52 Week Range

112.09254.26
LowHigh

Fundamentals

  • Previous Close 129.80
  • Market Cap3528.24M
  • Volume374291
  • P/E Ratio25.67
  • Dividend Yield1.01%
  • EBITDA201.14M
  • Revenue TTM896.73M
  • Revenue Per Share TTM30.55
  • Gross Profit TTM 370.96M
  • Diluted EPS TTM4.71

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 188.66M 166.50M 121.97M 87.72M 78.62M
Minority interest - - - - -
Net income 141.63M 124.94M 92.60M 66.50M 60.88M
Selling general administrative 198.65M 171.25M 158.52M 132.81M 126.88M
Selling and marketing expenses - - 19.13M - 0.12M
Gross profit 382.07M 329.18M 276.44M 219.97M 205.48M
Reconciled depreciation 34.58M 32.19M 28.11M 26.24M 27.86M
Ebit 188.66M 157.94M 117.92M 87.30M 78.72M
Ebitda 223.24M 190.12M 146.03M 113.41M 106.47M
Depreciation and amortization 34.58M 32.19M 28.11M 26.11M 27.74M
Non operating income net other - - - - -
Operating income 183.42M 157.94M 118.05M 87.30M 78.72M
Other operating expenses 733.24M 668.62M 585.54M 478.40M 426.60M
Interest expense - - - 0.55M -0.02000M
Tax provision 47.02M 41.56M 29.37M 21.22M 17.74M
Interest income 5.12M 8.61M 4.05M 0.55M 0.02M
Net interest income 5.12M 8.61M 4.05M 0.55M 0.02M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 47.02M 41.56M 29.37M 21.22M 17.74M
Total revenue 916.66M 826.56M 703.59M 565.57M 505.20M
Total operating expenses 198.65M 171.25M 158.39M 132.81M 126.88M
Cost of revenue 534.59M 497.37M 427.15M 345.60M 299.71M
Total other income expense net 5.24M 8.56M 3.92M 0.42M -0.10000M
Discontinued operations - - - - -
Net income from continuing ops 141.63M 124.94M 92.60M 66.50M 60.88M
Net income applicable to common shares 141.63M 124.94M 92.60M 66.50M 60.88M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 973.58M 816.41M 716.92M 603.05M 530.82M
Intangible assets 118.50M 48.87M 57.44M 53.61M 64.18M
Earning assets - - - - -
Other current assets 16.77M 17.08M 13.21M 13.27M 8.71M
Total liab 260.28M 210.18M 200.44M 160.62M 127.75M
Total stockholder equity 713.29M 606.23M 516.48M 442.42M 403.07M
Deferred long term liab - - - 4.65M 5.38M
Other current liab 78.42M 62.55M 50.14M 26.11M 40.29M
Common stock 37.22M 37.22M 37.22M 37.22M 37.22M
Capital stock 37.22M 37.22M 37.22M 37.22M 37.22M
Retained earnings 645.88M 547.80M 458.72M 395.15M 353.54M
Other liab - - - 45.92M 45.60M
Good will 235.57M 111.77M 113.16M 101.26M 104.31M
Other assets 32.79M 35.54M 0.00000M 26.80M 22.92M
Cash 226.02M 295.31M 191.78M 138.05M 87.17M
Cash and equivalents 226.02M 295.31M 191.78M 138.05M 87.17M
Total current liabilities 150.72M 118.20M 131.95M 110.31M 82.15M
Current deferred revenue - 64.15M 49.76M 12.76M -
Net debt -226.01600M -295.30500M -191.78200M -138.05200M -87.17400M
Short term debt 0.00000M 5.35M 2.55M 0.00000M 0.00000M
Short long term debt - - - - -
Short long term debt total - 6.01M 5.76M - -
Other stockholder equity 713.29M 29.12M 22.19M 16.03M 12.18M
Property plant equipment 79.64M 80.12M 79.40M 73.54M 78.05M
Total current assets 507.08M 540.12M 442.18M 347.83M 261.36M
Long term investments - - - - -
Net tangible assets - - - 287.55M 234.58M
Short term investments - - - - -
Net receivables 112.36M 84.33M 83.51M 76.65M 65.87M
Long term debt - - - - -
Inventory 151.94M 143.41M 153.67M 119.86M 99.61M
Accounts payable 72.30M 55.66M 81.81M 71.44M 41.86M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - -7.90600M -1.64600M -5.98300M 0.14M
Additional paid in capital - - - - -
Common stock total equity - - - 37.22M 37.22M
Preferred stock total equity - - - - -
Retained earnings total equity - - - 395.15M 353.54M
Treasury stock - - - -37.25300M -37.04600M
Accumulated amortization - - - - -
Non currrent assets other 32.79M 8.88M 7.55M 14.05M 22.92M
Deferred long term asset charges - - - - -
Non current assets total 466.50M 276.30M 274.74M 255.22M 269.46M
Capital lease obligations - - - - -
Long term debt total 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -15.81800M -28.27700M -5.89100M -51.42300M
Change to liabilities - - - 28.01M 7.00M
Total cashflows from investing activities -198.05000M -15.81800M -29.13000M -5.89100M -51.42300M
Net borrowings - - - - -
Total cash from financing activities -57.97700M -35.09600M -28.08500M -24.60500M -20.50700M
Change to operating activities - - - -2.82500M 7.59M
Net income 141.63M 124.94M 92.60M 66.50M 60.88M
Change in cash -69.28900M 103.52M 53.73M 50.88M 14.90M
Begin period cash flow 295.31M 191.78M 138.05M 87.17M 72.27M
End period cash flow 226.02M 295.31M 191.78M 138.05M 87.17M
Total cash from operating activities 183.70M 155.03M 110.12M 82.45M 87.51M
Issuance of capital stock - - 0.00000M 0.00000M 0.07M
Depreciation 34.58M 32.19M 28.11M 26.24M 27.86M
Other cashflows from investing activities -184.02400M -12.81800M -17.12700M 0.00000M -44.67700M
Dividends paid 43.53M 35.85M 29.05M 24.88M 22.16M
Change to inventory -0.98700M 10.32M -32.46700M -21.02100M -13.63300M
Change to account receivables -20.11500M -1.44400M -6.35100M -11.32800M -1.24000M
Sale purchase of stock -15.00200M 0.75M 0.97M -0.42700M -0.46000M
Other cashflows from financing activities - 0.75M 0.97M 2.04M 2.04M
Change to netincome - - - 15.96M 26.63M
Capital expenditures 14.03M 12.82M 12.00M 5.89M 6.75M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -0.67900M
Cash and cash equivalents changes - - - 51.95M 14.90M
Change in working capital -0.99200M 2.95M -5.79100M -7.16700M -0.30700M
Stock based compensation 9.19M 6.18M 5.19M 3.15M 2.33M
Other non cash items 0.14M -0.15300M -0.33800M -0.64800M -0.23400M
Free cash flow 169.67M 142.22M 98.11M 76.56M 80.76M

Peer Comparison

Sector: Technology Industry: Scientific & Technical Instruments

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BMI
Badger Meter Inc
-1.83 1.41% 127.97 25.67 24.51 3.93 5.11 3.71 16.25
KYCCF
Keyence
-3.8 0.76% 498.20 41.66 38.76 0.11 5.69 0.10 0.19
COHR
Coherent Inc
4.47 1.07% 421.90 333.78 46.73 10.24 7.63 10.78 62.92
GRMN
Garmin Ltd
4.02 1.69% 241.96 30.87 28.41 7.05 5.74 6.75 23.69
HXGBY
Hexagon AB ADR
0.10 0.88% 11.45 33.46 33.33 6.00 2.83 6.50 29.28

Reports Covered

Stock Research & News

Profile

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.

Badger Meter Inc

4545 West Brown Deer Road, Milwaukee, WI, United States, 53224-9536

Key Executives

Name Title Year Born
Mr. Kenneth C. Bockhorst Chairman, Pres & CEO 1973
Mr. Robert A. Wrocklage Sr. VP & CFO 1979
Mr. William R. A. Bergum VP, Gen. Counsel & Sec. 1965
Mr. Kimberly K. Stoll VP of Sales & Marketing 1966
Ms. Karen Bauer VP of Investor Relations, Corp. Strategy & Treasurer NA
Ms. Sheryl L. Hopkins VP of HR 1968
Mr. Daniel R. Weltzien VP & Controller 1979
Mr. Kenneth C. Bockhorst Chairman, President & CEO 1973
Mr. William R. A. Bergum VP, General Counsel & Secretary 1965
Ms. Sheryl L. Hopkins Vice President of Human Resources 1969

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