Badger Meter, Inc.

Badger Meter, Inc.

BMI
Badger Meter, Inc.US flagNew York Stock Exchange
126.88
USD
-1.58
- -
3.68BMarket Cap
Badger Meter, Inc.
BMI
(New York Stock Exchange)

Recent

price

126.88

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
9.28
8.78
11.15
11.63
12.75
13.13
13.63
13.91
14.96
14.63
14.65
17.33
19.36
24.03
28.16
31.18
30.1
Revenue per Share
0.96
0.64
0.98
0.86
1.04
0.9
1.12
1.2
0.96
1.63
1.7
2.09
2.28
3.16
4.26
4.82
4.3
Basic EPS, GAAP
0.04
0.87
0.93
0.71
0.82
0.56
1.58
1.2
1.78
2.52
2.77
2.77
2.62
3.35
4.84
6.25
5.7
Free Cash Flow per Basic Share
0.26
0.3
0.33
0.35
0.37
0.39
0.43
0.49
0.56
0.64
0.7
0.76
0.85
0.99
1.22
1.48
1.6
Dividend per Share
5.59
5.93
5.98
6.82
7.41
8
8.8
9.53
10.42
11.37
12.39
13.78
15.1
17.6
20.61
24.27
23.56
Book Value per Share
4.15
4.5
2.69
3.18
3.46
4.37
5.32
4.97
5.89
7.07
7.31
7.83
9.82
11.79
15.15
12.1
7.51
Tangible Book Value per Share
30
30
29
29
29
29
29
29
29
29
29
29
29
29
29
29
29
Basic Weighted Avg Shares
277
263
320
334
365
378
394
402
434
425
426
505
566
704
827
917
881
Sales/Revenue/Turnover
16.2
10.47
13.91
11.7
12.62
11.22
13.38
14.06
13.11
14.64
15.31
15.58
15.43
16.78
19.11
20.01
18.58
Operating Margin (%)
8
9
12
13
16
21
22
24
24
24
25
28
26
28
32
35
36
Depreciation Expense
29
19
28
25
30
26
32
35
28
47
49
61
66
93
125
142
126
Net Income, GAAP
35.5
29.94
35.52
35.23
33.92
36.97
35.21
36.95
22.49
23.42
24.07
22.56
24.19
24.08
24.96
24.93
25.24
Effective Tax Rate (%)
10.36
7.29
8.77
7.37
8.14
6.87
8.2
8.59
6.41
11.11
11.6
12.05
11.76
13.16
15.12
15.45
14.27
Profit Margin (%)
65
79
27
29
34
45
75
66
105
143
156
179
238
310
422
356
244
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
168
179
171
197
214
232
256
277
304
331
361
403
442
516
606
713
683
Total Equity
17.27
10.61
13.65
10.02
10.91
8.97
11.35
11.51
13.66
14.46
14.22
15.98
15.69
18.77
21.22
20.96
17.99
Return on Invested Capital (%)
17.18
10.65
13.69
10.04
10.93
8.99
11
11.38
8.91
14.42
14.17
15.93
15.73
19.31
22.26
21.47
18.48
Return on Capital (%)
18.32
11.02
15.99
13.39
14.45
11.62
13.22
12.96
9.57
14.87
14.25
15.93
15.73
19.31
22.26
21.47
18.48
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
29
29
29
Market Capitalization
5,125
4,446
4,301

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
507
508
416
Cash, Cash Equivalents & STI
226
205
96
Accounts Receivable, Net
112
110
121
Inventories
152
175
178
Total Current Liabilities
151
169
172
Payables & Accruals
72
106
98
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.93%
14.62%
17.66%
Free Cash Flow
35.79%
19.47%
29.17%
Net Income, GAAP
20.65%
24.03%
13.36%
Sales/Revenue/Turnover
9.58%
16.69%
10.9%
Total Cash Common Dividend
14.57%
16.56%
21.43%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
196
217
208
205
827
2025
222
238
236
221
917
2026
202
222
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.99
1.13
1.09
1.05
4.26
2025
1.31
1.18
1.19
1.14
4.82
2026
0.94
1.02
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
0.27
0.34
0.34
1.22
2025
0.34
0.34
0.4
0.4
1.48
2026
0.4
0.4
- -
- -
- -
Business
Badger Meter, Inc. (NYSE: BMI) manufactures and markets flow measurement, quality, control, and communication solutions worldwide; its core offerings encompass utility water smart metering solutions including mechanical and ultrasonic water meters, ORION endpoints such as ORION Cellular for infrastructure-free fixed network reading, ORION Migratable for automatic meter reading, and ORION (SE) for traditional fixed networks; BEACON advanced metering analytics software for cloud-hosted alerts, consumer engagement, and usage management; flow instrumentation products like electromagnetic, turbine, and Coriolis meters, valves, sensors, and registers for measuring and regulating water, wastewater, air, steam, oil, gases, and other fluids; and BlueEdge suite integrating smart hardware, communications, data visualization, analytics, and support services for water management. The company serves municipal water utilities, commercial and industrial customers, original equipment manufacturers, and sectors including water/wastewater, HVAC, oil and gas, pipeline, and corporate sustainability markets, with operations spanning North America, Asia, Europe, Mexico, the Middle East, and other international regions from its headquarters in Milwaukee, Wisconsin, where it was founded in 1905. Badger Meter recently acquired SmartCover Systems for $185 million in January 2025, adding real-time sewer line, lift station, and stormwater monitoring sensors, software, and services with recurring revenues to its BlueEdge portfolio to enhance wastewater infrastructure resiliency amid extreme weather and aging systems; it also declared an 18% quarterly dividend increase to $0.40 per share and expanded its share repurchase authorization in November 2025.

Company News

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  • Badger Meter Schedules Third Quarter 2026 Earnings Call

  • Badger Meter, Inc. (NYSE:BMI) Stock Has Consensus Target Price of $162.00 According to Analysts

  • Badger Meter (BMI) Sees a More Significant Dip Than Broader Market: Some Facts to Know

  • Badger Meter Introduces OneNetwork™ Software Platform for Water and Wastewater Utilities at WEFTEC 2026

  • 10 Dividend Growth Stocks: September 2026

  • Why Badger Meter (BMI) Dipped More Than Broader Market Today

  • Is Badger Meter (BMI) a Buy as Wall Street Analysts Look Optimistic?

  • BADGER METER, INC. (NYSE: BMI) SHAREHOLDER INVESTIGATION ALERT: Bernstein Liebhard Investigates Potential Breaches of Fiduciary Duty

  • Badger Meter (BMI) Surges 4.0%: Is This an Indication of Further Gains?

  • Contrasting Veralto (NYSE:VLTO) and Badger Meter (NYSE:BMI)

  • Badger Meter (BMI) Increases Despite Market Slip: Here's What You Need to Know

  • Badger Meter (BMI) Sees a More Significant Dip Than Broader Market: Some Facts to Know

  • 2 Instruments Stocks Set to Profit From Industrial Automation Push

  • Jupiter Topco LLC Makes New $1.91 Million Investment in Badger Meter, Inc. $BMI