badger meter inc. - BMI
BMI
Close Chg Chg %
181.27 1.26 0.70%
Closed Market
182.53
+1.26 (0.70%)
Volume: 74.75K
Last Updated:
Dec 24, 2025, 12:59 PM EDT
Company Overview: badger meter inc. - BMI
BMI Key Data
| Open $180.43 | Day Range 179.54 - 183.31 |
| 52 Week Range 162.17 - 256.08 | Market Cap $5.34B |
| Shares Outstanding 29.47M | Public Float 29.32M |
| Beta 0.93 | Rev. Per Employee N/A |
| P/E Ratio 39.02 | EPS $4.72 |
| Yield 80.81% | Dividend $0.40 |
| EX-DIVIDEND DATE Nov 21, 2025 | SHORT INTEREST N/A |
| AVERAGE VOLUME 243.01K |
BMI Performance
| 1 Week | 0.50% | ||
| 1 Month | 2.25% | ||
| 3 Months | 3.49% | ||
| 1 Year | -15.27% | ||
| 5 Years | 94.80% |
BMI Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
14
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 | 826.56M | |
| Industry | Industrial Machinery | Net Income | 124.94M | |
| Sector | Producer Manufacturing | 2024 Sales Growth | 17.477% | |
| Fiscal Year-end | 12 / 2025 | Employees | 2,210 | |
| View SEC Filings |
BMI Valuation
| P/E Current | 39.021 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 50.142 |
| Price to Sales Ratio | 7.579 |
| Price to Book Ratio | 10.291 |
| Price to Cash Flow Ratio | 40.41 |
| Enterprise Value to EBITDA | 31.43 |
| Enterprise Value to Sales | 7.229 |
| Total Debt to Enterprise Value | 0.001 |
BMI Efficiency
| Revenue/Employee | 374,008.145 |
| Income Per Employee | 56,534.842 |
| Receivables Turnover | 9.802 |
| Total Asset Turnover | 1.078 |
BMI Liquidity
| Current Ratio | 4.569 |
| Quick Ratio | 3.356 |
| Cash Ratio | 2.498 |
BMI Profitability
| Gross Margin | 39.826 |
| Operating Margin | 19.108 |
| Pretax Margin | 20.144 |
| Net Margin | 15.116 |
| Return on Assets | 16.297 |
| Return on Equity | 22.257 |
| Return on Total Capital | 20.407 |
| Return on Invested Capital | 22.128 |
BMI Capital Structure
| Total Debt to Total Equity | 0.992 |
| Total Debt to Total Capital | 0.982 |
| Total Debt to Total Assets | 0.737 |
| Long-Term Debt to Equity | 0.551 |
| Long-Term Debt to Total Capital | 0.545 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Badger Meter Inc. - BMI
Collapse All in section
| All values USD millions. | 2021 | 2022 | 2023 | 2024 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 505.20M | 565.57M | 703.59M | 826.56M | |
Sales Growth
| +18.72% | +11.95% | +24.40% | +17.48% | |
Cost of Goods Sold (COGS) incl D&A
| 299.71M | 345.60M | 427.15M | 497.37M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 27.86M | 26.24M | 28.11M | 32.19M | |
Depreciation
| 11.29M | 11.09M | 10.94M | 11.10M | |
Amortization of Intangibles
| 16.57M | 15.15M | 17.17M | 21.08M | |
COGS Growth
| +16.49% | +15.31% | +23.60% | +16.44% | |
Gross Income
| 205.48M | 219.97M | 276.44M | 329.18M | |
Gross Income Growth
| +22.13% | +7.05% | +25.67% | +19.08% | |
Gross Profit Margin
| +40.67% | +38.89% | +39.29% | +39.83% |
| 2021 | 2022 | 2023 | 2024 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 126.76M | 132.68M | 158.39M | 171.25M | |
Research & Development
| 14.70M | 15.80M | 19.00M | 19.20M | |
Other SG&A
| 112.06M | 116.88M | 139.39M | 152.05M | |
SGA Growth
| +22.96% | +4.67% | +19.38% | +8.12% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| - | - | - | - | - |
EBIT after Unusual Expense
| 78.72M | 87.30M | 118.05M | 157.94M | |
Non Operating Income/Expense
| (100.00K) | 422.00K | 3.92M | 8.56M | |
Non-Operating Interest Income
| 20.00K | 552.00K | 4.05M | 8.61M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| - | - | - | - | - |
Interest Expense Growth
| - | - | - | - | - |
Gross Interest Expense
| - | - | - | - | - |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 78.62M | 87.72M | 121.97M | 166.50M | |
Pretax Income Growth
| +20.99% | +11.57% | +39.04% | +36.51% | |
Pretax Margin
| +15.56% | +15.51% | +17.33% | +20.14% | |
Income Tax
| 17.74M | 21.22M | 29.37M | 41.56M | |
Income Tax - Current - Domestic
| 18.86M | 24.81M | 37.78M | 51.16M | |
Income Tax - Current - Foreign
| 1.94M | 2.03M | 1.24M | 1.48M | |
Income Tax - Deferred - Domestic
| (2.37M) | (5.24M) | (8.71M) | (9.72M) | |
Income Tax - Deferred - Foreign
| (681.00K) | (375.00K) | (942.00K) | (1.35M) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 60.88M | 66.50M | 92.60M | 124.94M | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 60.88M | 66.50M | 92.60M | 124.94M | |
Net Income Growth
| +23.39% | +9.22% | +39.25% | +34.93% | |
Net Margin Growth
| +12.05% | +11.76% | +13.16% | +15.12% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 60.88M | 66.50M | 92.60M | 124.94M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 60.88M | 66.50M | 92.60M | 124.94M | |
EPS (Basic)
| 2.0891 | 2.2759 | 3.1621 | 4.2561 | |
EPS (Basic) Growth
| +23.00% | +8.94% | +38.94% | +34.60% | |
Basic Shares Outstanding
| 29.14M | 29.22M | 29.28M | 29.36M | |
EPS (Diluted)
| 2.0753 | 2.2636 | 3.1436 | 4.2304 | |
EPS (Diluted) Growth
| +22.94% | +9.07% | +38.88% | +34.57% | |
Diluted Shares Outstanding
| 29.34M | 29.38M | 29.46M | 29.53M | |
EBITDA
| 106.58M | 113.54M | 146.16M | 190.12M | |
EBITDA Growth
| +17.94% | +6.52% | +28.73% | +30.08% | |
EBITDA Margin
| +21.10% | +20.07% | +20.77% | +23.00% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 225.571 | |
| Number of Ratings | 14 | Current Quarters Estimate | 1.164 | |
| FY Report Date | 12 / 2025 | Current Year's Estimate | 4.826 | |
| Last Quarter’s Earnings | 1.19 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 4.23 | Next Fiscal Year Estimate | 5.447 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 10 | 7 | 11 | 11 |
| Mean Estimate | 1.16 | 1.31 | 4.83 | 5.45 |
| High Estimates | 1.49 | 1.52 | 5.15 | 6.35 |
| Low Estimate | 1.09 | 1.20 | 4.74 | 5.14 |
| Coefficient of Variance | 10.09 | 8.05 | 2.40 | 6.02 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 7 | 6 | 5 |
| OVERWEIGHT | 1 | 1 | 1 |
| HOLD | 6 | 6 | 6 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Badger Meter Inc. - BMI
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
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 |