Badger Meter, Inc.(BMI)Earnings, Financials & Key Ratios

BMI•NYSE

$123.75

$3.65B mkt cap·25.8× P/E·Price updated May 6, 2026

SectorTechnology IndustryTech Hardware & Equipment Sub-IndustrySensors, Controls and Smart Metering

AboutBadger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, oil, 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. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. In addition, the company offers ORION Migratable for automatic meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading solution, as well as BEACON advanced metering analytics, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. It also serves water utilities, industrial, and other industries. The company sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was incorporated in 1905 and is headquartered in Milwaukee, Wisconsin.Show more

Revenue$917M+10.9%
EBITDA$218M+14.7%
Net Income$142M+13.4%
EPS (Diluted)4.79+13.2%
Gross Margin41.68%+4.7%
EBITDA Margin23.78%+3.4%
Operating Margin20.01%+4.7%
Net Margin15.45%+2.2%
ROE21.47%-3.5%
ROIC34.47%-7.5%

Technical→

BMI Key Insights

Badger Meter, Inc. (BMI) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Dividend Aristocrat: 33 years of consecutive increases
✓Excellent 3Y average ROE of 21.0%
✓Strong 5Y profit CAGR of 23.5%
✓FCF machine: 18.5% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 16.6%

✗Weaknesses

✗Weak momentum: RS Rating 13 (bottom 13%)
✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

BMI Price & Volume

Badger Meter, Inc. (BMI) stock price & volume — 10-year historical chart

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BMI Growth Metrics

Badger Meter, Inc. (BMI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years9.27%

5 Years16.59%

3 Years17.46%

TTM10.9%

Profit CAGR

10 Years18.5%

5 Years23.48%

3 Years28.66%

TTM13.36%

EPS CAGR

10 Years18.2%

5 Years23.17%

3 Years28.45%

TTM13.48%

Return on Capital

10 Years19.93%

5 Years21.53%

3 Years23.55%

Last Year24.12%

BMI Recent Earnings

Badger Meter, Inc. (BMI) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 8/12 qtrs (67%)●Beat Revenue 8/12 qtrs (67%)

Q2 2026Latest

Apr 17, 2026

EPS

$0.93

Est $1.20

-22.5%

Revenue

$202M

Est $230M

-11.9%

Q1 2026

Jan 28, 2026

EPS

$1.14

Est $1.15

-0.9%

Revenue

$221M

Est $231M

-4.6%

Q4 2025

Oct 21, 2025

EPS

$1.19

Est $1.14

+4.4%

Revenue

$236M

Est $232M

+1.6%

Q3 2025

Jul 22, 2025

EPS

$1.12

Est $1.19

-5.9%

Revenue

$238M

Est $233M

+2.3%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 17, 2026	$0.93vs $1.20-22.5%	$202Mvs $230M-11.9%
Q1 2026	Jan 28, 2026	$1.14vs $1.15-0.9%	$221Mvs $231M-4.6%
Q4 2025	Oct 21, 2025	$1.19vs $1.14+4.4%	$236Mvs $232M+1.6%
Q3 2025	Jul 22, 2025	$1.12vs $1.19-5.9%	$238Mvs $233M+2.3%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
ITRIItron, Inc.Direct Competitor	3.68B	82.97	12.75	-3.02%	12.32%	17.22%	0.74
FELEFranklin Electric Co., Inc.Direct Competitor	4.46B	100.98	31.07	5.44%	6.91%	11.44%	0.21
ERIIEnergy Recovery, Inc.Direct Competitor	613.34M	11.61	27.64	-7.07%	25.89%	17.36%	0.05
MWAMueller Water Products, Inc.Direct Competitor	4.24B	27.14	22.25	8.75%	14.17%	20.74%	0.46
XYLXylem Inc.Product Competitor	28.19B	118.59	30.25	5.52%	10.7%	8.51%	0.17
AWKAmerican Water Works Company, Inc.Product Competitor	24.54B	125.68	22.05	9.74%	21.17%	10.14%	1.47
AMEAMETEK, Inc.Supply Chain	55.29B	241.38	37.72	6.63%	20.11%	14.39%	0.21
ROPRoper Technologies, Inc.Supply Chain	36.05B	350.26	24.67	12.26%	21.12%	8.75%	0.47

Compare BMI vs Peers

Badger Meter, Inc. (BMI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ITRI

Most directly comparable listed peer for BMI.

Scale Benchmark

vs DHR

Larger-name benchmark to compare BMI against a more recognizable public peer.

Peer Set

Compare Top 5

vs ITRI, FELE, ERII, MWA

BMI Income Statement

Badger Meter, Inc. (BMI) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Sales/Revenue	402.44M	433.73M	424.63M	425.54M	505.2M	565.57M	703.59M	826.56M	916.66M
Revenue Growth %	2.2%	7.78%	-2.1%	0.22%	18.72%	11.95%	24.4%	17.48%	10.9%
Cost of Goods Sold	246.69M	271.38M	261.1M	257.3M	299.71M	345.6M	427.15M	497.37M	534.59M
COGS % of Revenue	61.3%	62.57%	61.49%	60.46%	59.33%	61.11%	60.71%	60.17%	58.32%
Gross Profit	155.75M▲ 0%	162.35M▲ 4.2%	163.53M▲ 0.7%	168.25M▲ 2.9%	205.48M▲ 22.1%	219.97M▲ 7.0%	276.44M▲ 25.7%	329.18M▲ 19.1%	382.07M▲ 16.1%
Gross Margin %	38.7%	37.43%	38.51%	39.54%	40.67%	38.89%	39.29%	39.83%	41.68%
Gross Profit Growth %	3.43%	4.24%	0.73%	2.89%	22.13%	7.05%	25.67%	19.08%	16.07%
Operating Expenses	100.12M	125.34M	101.67M	103.24M	126.88M	132.81M	158.39M	171.25M	198.65M
OpEx % of Revenue	24.88%	28.9%	23.94%	24.26%	25.12%	23.48%	22.51%	20.72%	21.67%
Selling, General & Admin	100.12M	125.34M	101.67M	103.24M	126.88M	132.81M	139.39M	171.25M	0
SG&A % of Revenue	24.88%	28.9%	23.94%	24.26%	25.12%	23.48%	19.81%	20.72%	-
Research & Development	10.6M	11.1M	11.9M	11.6M	14.7M	15.8M	19M	19.2M	0
R&D % of Revenue	2.63%	2.56%	2.8%	2.73%	2.91%	2.79%	2.7%	2.32%	-
Other Operating Expenses	0	-19.86M	-11.9M	-11.6M	-14.7M	-15.8M	0	-19.2M	198.65M
Operating Income	55.62M▲ 0%	56.87M▲ 2.2%	62.15M▲ 9.3%	65.16M▲ 4.8%	78.72M▲ 20.8%	87.3M▲ 10.9%	118.05M▲ 35.2%	157.94M▲ 33.8%	183.42M▲ 16.1%
Operating Margin %	13.82%	13.11%	14.64%	15.31%	15.58%	15.43%	16.78%	19.11%	20.01%
Operating Income Growth %	9.57%	2.24%	9.28%	4.84%	20.82%	10.89%	35.23%	33.79%	16.14%
EBITDA	80.02M	81.18M	86.29M	90.37M	106.58M	113.54M	146.16M	190.12M	218M
EBITDA Margin %	19.88%	18.72%	20.32%	21.24%	21.1%	20.07%	20.77%	23%	23.78%
EBITDA Growth %	9.31%	1.45%	6.29%	4.73%	17.94%	6.52%	28.73%	30.08%	14.67%
D&A (Non-Cash Add-back)	24.4M	24.32M	24.15M	25.22M	27.86M	26.24M	28.11M	32.19M	34.58M
EBIT	55.62M	37.01M	61.86M	65.01M	78.62M	87.72M	117.92M	157.94M	188.66M
Net Interest Income	-789K	-1.16M	-253K	-30K	20K	552K	4.05M	8.61M	5.12M
Interest Income	0	0	0	0	20K	552K	4.05M	8.61M	5.12M
Interest Expense	789K	1.16M	253K	30K	0	0	0	0	0
Other Income/Expense	-789K	-21.02M	-541K	-175K	-100K	422K	3.92M	8.56M	5.24M
Pretax Income	54.83M▲ 0%	35.85M▼ 34.6%	61.61M▲ 71.8%	64.98M▲ 5.5%	78.62M▲ 21.0%	87.72M▲ 11.6%	121.97M▲ 39.0%	166.5M▲ 36.5%	188.66M▲ 13.3%
Pretax Margin %	13.63%	8.27%	14.51%	15.27%	15.56%	15.51%	17.33%	20.14%	20.58%
Income Tax	20.26M	8.06M	14.43M	15.64M	17.74M	21.22M	29.37M	41.56M	47.02M
Effective Tax Rate %	36.95%	22.49%	23.42%	24.07%	22.56%	24.19%	24.08%	24.96%	24.93%
Net Income	34.57M▲ 0%	27.79M▼ 19.6%	47.18M▲ 69.8%	49.34M▲ 4.6%	60.88M▲ 23.4%	66.5M▲ 9.2%	92.6M▲ 39.3%	124.94M▲ 34.9%	141.63M▲ 13.4%
Net Margin %	8.59%	6.41%	11.11%	11.6%	12.05%	11.76%	13.16%	15.12%	15.45%
Net Income Growth %	7.05%	-19.61%	69.76%	4.59%	23.39%	9.22%	39.25%	34.93%	13.36%
Net Income (Continuing)	34.57M	27.79M	47.18M	49.34M	60.88M	66.5M	92.6M	124.94M	141.63M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0
EPS (Diluted)	1.19▲ 0%	0.95▼ 20.2%	1.61▲ 69.5%	1.69▲ 5.0%	2.08▲ 23.1%	2.26▲ 8.7%	3.14▲ 38.9%	4.23▲ 34.7%	4.79▲ 13.2%
EPS Growth %	7.21%	-20.17%	69.47%	4.97%	23.08%	8.65%	38.94%	34.71%	13.24%
EPS (Basic)	1.20	0.96	1.63	1.70	2.09	2.28	3.16	4.26	4.82
Diluted Shares Outstanding	29.11M	29.19M	29.22M	29.23M	29.34M	29.38M	29.46M	29.53M	29.57M
Basic Shares Outstanding	28.93M	28.99M	29.03M	29.05M	29.14M	29.22M	29.28M	29.36M	29.4M
Dividend Payout Ratio	41.12%	58.53%	39.42%	41.22%	36.39%	37.42%	31.37%	28.69%	30.73%

BMI Balance Sheet

Badger Meter, Inc. (BMI) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Total Current Assets	158.62M	164.66M	200.09M	223.69M	261.36M	347.83M	442.18M	540.12M	507.08M
Cash & Short-Term Investments	11.16M	13.09M	48.87M	72.27M	87.17M	138.05M	191.78M	295.31M	226.02M
Cash Only	11.16M	13.09M	48.87M	72.27M	87.17M	138.05M	191.78M	295.31M	226.02M
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	58.21M	66.3M	61.37M	61.69M	65.87M	76.65M	83.51M	84.33M	112.36M
Days Sales Outstanding	52.79	55.79	52.75	52.91	47.59	49.47	43.32	37.24	44.74
Inventory	85.17M	80.8M	81.95M	81.59M	99.61M	119.86M	153.67M	143.41M	151.94M
Days Inventory Outstanding	126.02	108.68	114.56	115.74	121.31	126.58	131.31	105.24	103.74
Other Current Assets	4.08M	4.47M	0	0	0	13.27M	13.21M	17.08M	16.77M
Total Non-Current Assets	233.1M	228.03M	221.8M	247.53M	269.46M	255.22M	274.74M	276.3M	466.5M
Property, Plant & Equipment	93.6M	90.32M	85.76M	82.7M	78.05M	73.54M	73.88M	74.26M	79.64M
Fixed Asset Turnover	4.30x	4.80x	4.95x	5.15x	6.47x	7.69x	9.52x	11.13x	11.51x
Goodwill	67.42M	71.26M	71.26M	88.71M	104.31M	101.26M	113.16M	111.77M	235.57M
Intangible Assets	65.33M	60.62M	53.86M	59.6M	69.78M	53.61M	57.44M	48.87M	118.5M
Long-Term Investments	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	3.9M	3.67M	10.18M	11.43M	9.79M	14.05M	7.55M	8.88M	32.79M
Total Assets	391.73M▲ 0%	392.69M▲ 0.2%	421.89M▲ 7.4%	471.22M▲ 11.7%	530.82M▲ 12.6%	603.05M▲ 13.6%	716.92M▲ 18.9%	816.41M▲ 13.9%	973.58M▲ 19.3%
Asset Turnover	1.03x	1.10x	1.01x	0.90x	0.95x	0.94x	0.98x	1.01x	0.94x
Asset Growth %	11.92%	0.25%	7.44%	11.69%	12.65%	13.61%	18.88%	13.88%	19.25%
Total Current Liabilities	93.11M	60.02M	57.25M	68.04M	82.15M	110.31M	131.95M	118.2M	150.72M
Accounts Payable	28.6M	22.47M	31.52M	34.92M	41.86M	71.44M	81.81M	55.66M	72.3M
Days Payables Outstanding	42.32	30.22	44.07	49.54	50.98	75.45	69.9	40.85	49.36
Short-Term Debt	44.55M	18.06M	4.48M	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0
Other Current Liabilities	18.88M	19.49M	21.24M	33.11M	40.29M	38.87M	50.14M	62.55M	40.8M
Current Ratio	1.70x	2.74x	3.50x	3.29x	3.18x	3.15x	3.35x	4.57x	3.36x
Quick Ratio	0.79x	1.40x	2.06x	2.09x	1.97x	2.07x	2.19x	3.36x	2.36x
Cash Conversion Cycle	136.5	134.25	123.24	119.11	117.92	100.6	104.73	101.63	99.11
Total Non-Current Liabilities	21.17M	29.17M	33.58M	41.92M	45.6M	50.31M	68.49M	91.98M	109.57M
Long-Term Debt	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	3.43M	3.33M	876K	5.7M	5.38M	4.65M	5.06M	3.65M	3.48M
Other Non-Current Liabilities	17.73M	25.84M	32.7M	36.23M	40.22M	13.43M	13.66M	24.17M	106.09M
Total Liabilities	114.28M	89.19M	90.83M	109.96M	127.75M	160.63M	200.44M	210.18M	260.28M
Total Debt	44.55M	18.06M	4.48M	0	0	0	0	0	0
Net Debt	33.39M	4.97M	-44.39M	-72.27M	-87.17M	-138.05M	-191.78M	-295.31M	-226.02M
Debt / Equity	0.16x	0.06x	0.01x	-	-	-	-	-	-
Debt / EBITDA	0.56x	0.22x	0.05x	-	-	-	-	-	-
Net Debt / EBITDA	0.42x	0.06x	-0.51x	-0.80x	-0.82x	-1.22x	-1.31x	-1.55x	-1.04x
Interest Coverage	70.50x	49.15x	245.64x	2171.87x	-	-	-	-	-
Total Equity	277.45M▲ 0%	303.5M▲ 9.4%	331.07M▲ 9.1%	361.26M▲ 9.1%	403.07M▲ 11.6%	442.42M▲ 9.8%	516.48M▲ 16.7%	606.23M▲ 17.4%	713.29M▲ 17.7%
Equity Growth %	8.29%	9.39%	9.08%	9.12%	11.57%	9.76%	16.74%	17.38%	17.66%
Book Value per Share	9.53	10.40	11.33	12.36	13.74	15.06	17.53	20.53	24.12
Total Shareholders' Equity	277.45M	303.5M	331.07M	361.26M	403.07M	442.42M	516.48M	606.23M	713.29M
Common Stock	37.16M	37.2M	37.2M	37.22M	37.22M	37.22M	37.22M	37.22M	0
Retained Earnings	244.22M	257.31M	285.88M	314.85M	353.54M	395.15M	458.72M	547.8M	0
Treasury Stock	-24.77M	-29.36M	-34.24M	-37.09M	-37.05M	-37.25M	-37M	-36.7M	0
Accumulated OCI	-10.89M	580K	425K	1.31M	136K	-5.98M	-1.65M	-7.91M	0
Minority Interest	0	0	0	0	0	0	0	0	0

BMI Cash Flow Statement

Badger Meter, Inc. (BMI) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash from Operations	49.75M	60.35M	80.71M	89.58M	87.51M	82.45M	110.12M	155.03M	183.7M
Operating CF Margin %	12.36%	13.91%	19.01%	21.05%	17.32%	14.58%	15.65%	18.76%	20.04%
Operating CF Growth %	-11.45%	21.3%	33.74%	10.98%	-2.31%	-5.78%	33.55%	40.79%	18.49%
Net Income	34.57M	27.79M	47.18M	49.34M	60.88M	66.5M	92.6M	124.94M	141.63M
Depreciation & Amortization	24.4M	24.32M	24.15M	25.22M	27.86M	26.24M	28.11M	32.19M	34.58M
Stock-Based Compensation	1.73M	4.17M	1.21M	1.42M	2.33M	3.15M	5.19M	6.18M	9.19M
Deferred Taxes	-4.1M	-5.27M	-1.52M	-3.08M	-3.02M	-5.62M	-9.65M	-11.07M	-854K
Other Non-Cash Items	-111K	17.5M	-40K	206K	-234K	-648K	-338K	-153K	136K
Working Capital Changes	-6.73M	-8.16M	9.74M	16.48M	-277K	-7.17M	-5.79M	2.95M	-992K
Change in Receivables	-967K	-8M	-8M	3.04M	-1.24M	-11.33M	-6.35M	-1.44M	-20.11M
Change in Inventory	-6.17M	4.86M	-1.22M	5.13M	-13.63M	-21.02M	-32.47M	10.32M	-987K
Change in Payables	-65.11M	8M	8M	-391K	7M	28.01M	8.51M	-12.16M	14.4M
Cash from Investing	-35.45M	-16.69M	-7.5M	-38.19M	-51.42M	-5.89M	-29.13M	-15.82M	-198.05M
Capital Expenditures	-15.07M	-8.64M	-7.5M	-9.06M	-6.75M	-5.89M	-12M	-12.82M	-14.03M
CapEx % of Revenue	3.74%	1.99%	1.77%	2.13%	1.34%	1.04%	1.71%	1.55%	1.53%
Acquisitions	-20.38M	-8.05M	-8.05M	-29.13M	-45.27M	-45.27M	-17.13M	-3M	-184.02M
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	0	8.05M	0	596K	45.27M	0	0	0
Cash from Financing	-10.43M	-42.14M	-37.71M	-27.82M	-20.51M	-24.61M	-28.09M	-35.1M	-57.98M
Debt Issued (Net)	0	0	-13.5M	-4.6M	0	0	0	0	0
Equity Issued (Net)	-1000K	-1000K	-1000K	-1000K	-460K	-427K	967K	751K	-1000K
Dividends Paid	-14.21M	-16.27M	-18.59M	-20.34M	-22.16M	-24.88M	-29.05M	-35.85M	-43.53M
Share Repurchases	-4.4M	-4.79M	-5.21M	-3.12M	-460K	-427K	0	0	-15M
Other Financing	7.59M	-21.6M	-407K	-1M	2.11M	703K	0	0	0
Net Change in Cash	3.83M▲ 0%	1.92M▼ 49.8%	35.78M▲ 1761.9%	23.4M▼ 34.6%	14.9M▼ 36.3%	50.88M▲ 241.4%	53.73M▲ 5.6%	103.52M▲ 92.7%	-69.29M▼ 166.9%
Free Cash Flow	34.68M▲ 0%	51.71M▲ 49.1%	73.22M▲ 41.6%	80.52M▲ 10.0%	80.76M▲ 0.3%	76.56M▼ 5.2%	98.11M▲ 28.2%	142.22M▲ 44.9%	169.67M▲ 19.3%
FCF Margin %	8.62%	11.92%	17.24%	18.92%	15.99%	13.54%	13.94%	17.21%	18.51%
FCF Growth %	-23.92%	49.09%	41.6%	9.97%	0.3%	-5.21%	28.15%	44.95%	19.31%
FCF per Share	1.19	1.77	2.51	2.75	2.75	2.61	3.33	4.82	5.74
FCF Conversion (FCF/Net Income)	1.44x	2.17x	1.71x	1.82x	1.44x	1.24x	1.19x	1.24x	1.30x
Interest Paid	867K	1.18M	268K	91K	118K	0	0	0	0
Taxes Paid	17.91M	12.5M	13.07M	18M	19.98M	24.04M	38.93M	56.04M	0

BMI Key Ratios

Badger Meter, Inc. (BMI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	13.22%	12.96%	9.57%	14.87%	14.25%	15.93%	15.73%	19.31%	22.26%	21.47%
Return on Invested Capital (ROIC)	13.08%	13.96%	13.77%	15.66%	16.98%	19.52%	21.11%	28.15%	37.27%	34.47%
Gross Margin	38.24%	38.7%	37.43%	38.51%	39.54%	40.67%	38.89%	39.29%	39.83%	41.68%
Net Margin	8.2%	8.59%	6.41%	11.11%	11.6%	12.05%	11.76%	13.16%	15.12%	15.45%
Debt / Equity	0.15x	0.16x	0.06x	0.01x	-	-	-	-	-	-
Interest Coverage	55.12x	70.50x	49.15x	245.64x	2171.87x	-	-	-	-	-
FCF Conversion	1.74x	1.44x	2.17x	1.71x	1.82x	1.44x	1.24x	1.19x	1.24x	1.30x
Revenue Growth	4.25%	2.2%	7.78%	-2.1%	0.22%	18.72%	11.95%	24.4%	17.48%	10.9%

BMI SEC Filings & Documents

Badger Meter, Inc. (BMI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 17, 2026·SEC

Material company update

Jan 28, 2026·SEC

Material company update

Dec 11, 2025·SEC

10-K Annual Reports

FY 2026

Feb 17, 2026·SEC

FY 2025

Feb 14, 2025·SEC

FY 2024

Feb 16, 2024·SEC

10-Q Quarterly Reports

FY 2025

Oct 22, 2025·SEC

FY 2025

Jul 23, 2025·SEC

FY 2025

Apr 18, 2025·SEC

BMI Frequently Asked Questions

Badger Meter, Inc. (BMI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Badger Meter, Inc. (BMI) reported $916.7M in revenue for fiscal year 2025. This represents a 690% increase from $116.0M in 1996.

Badger Meter, Inc. (BMI) grew revenue by 10.9% over the past year. This is steady growth.

Yes, Badger Meter, Inc. (BMI) is profitable, generating $141.6M in net income for fiscal year 2025 (15.5% net margin).

Dividend & Returns

Yes, Badger Meter, Inc. (BMI) pays a dividend with a yield of 1.19%. This makes it attractive for income-focused investors.

Badger Meter, Inc. (BMI) has a return on equity (ROE) of 21.5%. This is excellent, indicating efficient use of shareholder capital.

Badger Meter, Inc. (BMI) generated $169.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Badger Meter, Inc.(BMI)Earnings, Financials & Key Ratios

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