badger meter inc. - BMI

BMI

Close Chg Chg %
145.89 5.19 3.55%

Closed Market

151.07

+5.19 (3.55%)

Volume: 481.71K

Last Updated:

Feb 6, 2026, 3:59 PM EDT

Company Overview: badger meter inc. - BMI

BMI Key Data

Open

$147.50

Day Range

147.15 - 151.86

52 Week Range

139.14 - 256.08

Market Cap

$4.31B

Shares Outstanding

29.47M

Public Float

29.32M

Beta

0.90

Rev. Per Employee

N/A

P/E Ratio

30.46

EPS

$4.82

Yield

101.45%

Dividend

$0.40

EX-DIVIDEND DATE

Nov 21, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

475.36K

 

BMI Performance

1 Week
 
3.17%
 
1 Month
 
-13.39%
 
3 Months
 
-19.50%
 
1 Year
 
-29.29%
 
5 Years
 
51.73%
 

BMI Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 15
Full Ratings ➔

About badger meter inc. - BMI

Badger Meter, Inc. engages in the provision of flow measurement, control products, and communications solutions that serve water utilities, municipalities, and commercial and industrial customers worldwide. Its products are classified as Municipal Water and Flow Instrumentation. The company was founded in 1905 and is headquartered in Milwaukee, WI.

BMI At a Glance

Badger Meter, Inc.
4545 West Brown Deer Road
Milwaukee, Wisconsin 53224
Phone 1-414-371-7276 Revenue 916.66M
Industry Industrial Machinery Net Income 141.63M
Sector Producer Manufacturing 2025 Sales Growth 10.901%
Fiscal Year-end 12 / 2026 Employees N/A
View SEC Filings

BMI Valuation

P/E Current 30.455
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 36.411
Price to Sales Ratio 5.626
Price to Book Ratio N/A
Price to Cash Flow Ratio 28.07
Enterprise Value to EBITDA N/A
Enterprise Value to Sales N/A
Total Debt to Enterprise Value N/A

BMI Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 8.159
Total Asset Turnover 1.024

BMI Liquidity

Current Ratio 3.364
Quick Ratio 2.356
Cash Ratio 1.50

BMI Profitability

Gross Margin 41.681
Operating Margin 20.01
Pretax Margin 20.581
Net Margin 15.451
Return on Assets 15.825
Return on Equity 21.467
Return on Total Capital N/A
Return on Invested Capital N/A

BMI Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital N/A
Total Debt to Total Assets N/A
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital N/A
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Badger Meter Inc. - BMI

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
565.57M 703.59M 826.56M 916.66M
Sales Growth
+11.95% +24.40% +17.48% +10.90%
Cost of Goods Sold (COGS) incl D&A
345.60M 427.15M 497.37M 534.59M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
26.24M 28.11M 32.19M 34.58M
Depreciation
11.09M 10.94M 11.10M 11.10M
Amortization of Intangibles
15.15M 17.17M 21.08M 23.48M
COGS Growth
+15.31% +23.60% +16.44% +7.48%
Gross Income
219.97M 276.44M 329.18M 382.07M
Gross Income Growth
+7.05% +25.67% +19.08% +16.07%
Gross Profit Margin
+38.89% +39.29% +39.83% +41.68%
2022 2023 2024 2025 5-year trend
SG&A Expense
132.68M 158.39M 171.25M 198.65M
Research & Development
- 15.80M 19.00M 19.20M
Other SG&A
116.88M 139.39M 152.05M 198.65M
SGA Growth
+4.67% +19.38% +8.12% +16.00%
Other Operating Expense
- - - -
-
Unusual Expense
- - - -
-
EBIT after Unusual Expense
87.30M 118.05M 157.94M 183.42M
Non Operating Income/Expense
422.00K 3.92M 8.56M 5.24M
Non-Operating Interest Income
552.00K 4.05M 8.61M 5.12M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - - -
-
Interest Expense Growth
- - - -
-
Gross Interest Expense
- - - -
-
Interest Capitalized
- - - -
-
Pretax Income
87.72M 121.97M 166.50M 188.66M
Pretax Income Growth
+11.57% +39.04% +36.51% +13.31%
Pretax Margin
+15.51% +17.33% +20.14% +20.58%
Income Tax
21.22M 29.37M 41.56M 47.02M
Income Tax - Current - Domestic
- 24.81M 37.78M 51.16M
Income Tax - Current - Foreign
- 2.03M 1.24M 1.48M
Income Tax - Deferred - Domestic
- (5.24M) (8.71M) (9.72M)
Income Tax - Deferred - Foreign
- (375.00K) (942.00K) (1.35M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
66.50M 92.60M 124.94M 141.63M
Minority Interest Expense
- - - -
-
Net Income
66.50M 92.60M 124.94M 141.63M
Net Income Growth
+9.22% +39.25% +34.93% +13.36%
Net Margin Growth
+11.76% +13.16% +15.12% +15.45%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
66.50M 92.60M 124.94M 141.63M
Preferred Dividends
- - - -
-
Net Income Available to Common
66.50M 92.60M 124.94M 141.63M
EPS (Basic)
2.2759 3.1621 4.2561 4.8177
EPS (Basic) Growth
+8.94% +38.94% +34.60% +13.20%
Basic Shares Outstanding
29.22M 29.28M 29.36M 29.40M
EPS (Diluted)
2.2636 3.1436 4.2304 4.79
EPS (Diluted) Growth
+9.07% +38.88% +34.57% +13.23%
Diluted Shares Outstanding
29.38M 29.46M 29.53M 29.57M
EBITDA
113.54M 146.16M 190.12M 218.00M
EBITDA Growth
+6.52% +28.73% +30.08% +14.67%
EBITDA Margin
+20.07% +20.77% +23.00% +23.78%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 186.444
Number of Ratings 15 Current Quarters Estimate 1.234
FY Report Date 03 / 2026 Current Year's Estimate 5.103
Last Quarter’s Earnings 1.14 Median PE on CY Estimate N/A
Year Ago Earnings 4.79 Next Fiscal Year Estimate 5.547
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 11 12 12
Mean Estimate 1.23 1.27 5.10 5.55
High Estimates 1.52 1.40 5.64 5.85
Low Estimate 1.15 1.08 4.80 4.75
Coefficient of Variance 8.30 6.82 4.36 6.43

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 7 6 6
OVERWEIGHT 0 1 1
HOLD 7 7 6
UNDERWEIGHT 0 0 0
SELL 1 1 0
MEAN Overweight Overweight Overweight

Insider Actions for Badger Meter Inc. - BMI

Date Name Shares Transaction Value
Mar 12, 2025 Fred J. Begale VP-Engineering 2,337 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Richard Htwe VP-Global Operations 1,515 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Matthew L Stuyvenberg Vice President-Software & WQ 4,388 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Sheryl L. Hopkins VP - Human Resources 4,657 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Daniel R. Weltzien VP-Controller 4,796 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Robert A. Wrocklage SVP-CFO 17,891 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Kenneth C. Bockhorst Chairman, President & CEO; Director 37,830 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Kimberly K. Stoll VP-Sales & Marketing 3,647 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 William R. A. Bergum VP-Gen. Counsel and Secretary 13,139 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2025 Karen M. Bauer VP-IR, Strategy & Treasurer 6,223 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $209.5 per share 1,303,718.50
Mar 6, 2025 Kenneth C. Bockhorst Chairman, President & CEO; Director 51,034 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $209.5 per share 10,691,623.00
Mar 6, 2025 Karen M. Bauer VP-IR, Strategy & Treasurer 6,431 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $212.13 per share 1,364,208.03
Mar 6, 2025 Robert A. Wrocklage SVP-CFO 18,062 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $209.5 per share 3,783,989.00
Mar 6, 2025 Kimberly K. Stoll VP-Sales & Marketing 4,593 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $209.5 per share 962,233.50
Mar 6, 2025 Daniel R. Weltzien VP-Controller 4,787 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $209.5 per share 1,002,876.50
Mar 6, 2025 Fred J. Begale VP-Engineering 3,008 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $209.5 per share 630,176.00
Mar 6, 2025 Matthew L Stuyvenberg Vice President-Software & WQ 3,958 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $209.5 per share 829,201.00

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