
Badger Meter, Inc.
BMINYSEIndustrialsIndustrial - Machinery
Previous close
$131.81
+$3.68 · +2.87%
BMI company overview
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GoAI snapshot
AI-powered factor overview
GoAI score
Hold
Wait — insufficient conviction to act
Valuation
73
Undervalued
Momentum
41
Neutral
Sentiment
58
Mixed
Risk resilience
54
Elevated Risk
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Company profile
Company websiteBadger Meter, Inc. (BMI) provides a comprehensive range of solutions for flow measurement, quality assessment, control, and communication. Operating globally, the company serves markets across North America, Europe, Asia, and the Middle East. For municipal water utilities, BMI supplies both conventional and advanced water meters, complemented by associated radio, software, and service technologies. Additionally, Badger Meter engineers and produces a variety of flow instrumentation devices, including meters, valves, and sensing tools. These instruments are vital for measuring and controlling the flow of various substances—from water, air, and steam to oil and other liquids and gases—within industrial piping and pipelines. They are incorporated by original equipment manufacturers (OEMs) as primary measurement components within their products or systems and distributed through manufacturer representatives. Key applications for this instrumentation span water/wastewater treatment, heating, ventilation, and air conditioning (HVAC) systems, and corporate sustainability efforts. The company further innovates with its ORION suite of automatic meter reading (AMR) technologies, encompassing ORION Migratable, ORION (SE) for traditional fixed networks, and ORION Cellular for infrastructure-free fixed network solutions. Its BEACON advanced metering analytics platform, a secure cloud-hosted software, empowers users with alerts for specified conditions and consumer engagement tools to visualize and manage water usage. Serving a broad customer base, including water utilities, industrial clients, and other sectors, Badger Meter sells its offerings directly and through a network of resellers and representatives. Founded in 1905, Badger Meter, Inc. is headquartered in Milwaukee, Wisconsin.
- Industry
- Industrial - Machinery
- Sector
- Industrials
- Headquarters
- US
- CEO
- Kenneth C. Bockhorst
- Listed since
- Oct 27, 1983
- Employees
- 2,477
Market position
Day range
Current $131.81
52-week range
Current $131.81
- Open
- $128.45
- Previous close
- $128.13
- Volume
- 265.37K
- 0.46× average
- Average volume
- 582.81K
- Average daily volume
- Market cap
- 3.82B USD
- Beta
- 0.64
- Market reference 1
- 50-day average
- $137.07
- -3.84% below average
- 200-day average
- $149.82
- -12.02% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 4.9B USD
- P/E (TTM)
- 30.72×
- P/B (TTM)
- 5.6×
- P/S (TTM)
- 4.34×
- EV / EBITDA
- 21.96×
- Earnings yield
- 2.76%
- Free cash flow yield
- 3.31%
- Dividend yield
- 1.21%
Profitability & efficiency
- Gross margin
- 41.31%
- Operating margin
- 18.58%
- Net margin
- 14.27%
- Return on equity
- 19.86%
- Return on assets
- 14.55%
- Return on invested capital
- 16.73%
Financial health
- Debt / equity
- 0×
- Current ratio
- 3.36×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 916.66M USD | 826.56M USD | 703.59M USD | 565.57M USD | 505.2M USD |
| Cost of goods sold | 534.59M USD | 497.37M USD | 427.15M USD | 345.6M USD | 299.71M USD |
| Gross profit | 382.07M USD | 329.18M USD | 276.44M USD | 219.97M USD | 205.48M USD |
| Research and development | — | 19.2M USD | 19M USD | 15.8M USD | 14.7M USD |
| Selling, general, and administrative | — | 171.25M USD | 139.39M USD | 132.81M USD | 126.88M USD |
| Operating expenses | 198.65M USD | 171.25M USD | 158.39M USD | 132.81M USD | 126.88M USD |
| Interest income | 5.12M USD | 8.61M USD | 4.05M USD | 552K USD | 20K USD |
| Depreciation and amortization | 34.58M USD | 32.19M USD | 28.11M USD | 26.24M USD | 27.86M USD |
| Operating income | 183.42M USD | 157.94M USD | 118.05M USD | 87.3M USD | 78.72M USD |
| Net income | 141.63M USD | 124.94M USD | 92.6M USD | 66.5M USD | 60.88M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 64%
- 7 beats, 4 misses, 0 met estimates
- Average EPS surprise
- +2.59%
- 11 comparable reports
- Latest EPS result
- 1.02
- Estimate 1.01 · Beat by 0.99%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$153.2
16.23% upsideBMI peers
ETFs holding BMI
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Small-Cap ETFIJR228.64M0.20%111.19B USD0.06%$147.31+0.64%
Vanguard Morningstar Total Stock Market ETFVTI125.18M0.01%2.3T USD0.03%$378.24+0.44%
Vanguard Information Technology ETFVGT99.63M0.06%160.2B USD0.09%$118.42+0.05%
iShares Russell 2000 ETFIWM97.48M0.12%81.62B USD0.19%$299.96+0.77%
Vanguard Morningstar Small-Cap ETFVB90.16M0.05%183.4B USD0.03%$304.76+0.64%
First Trust SMID Cap Rising Dividend Achievers ETFSDVY61.54M0.53%11.64B USD0.58%$43.87+0.46%
Vanguard Morningstar Small-Cap Growth ETFVBK52.3M0.12%43.8B USD0.05%$358.65+0.70%
Global X - U.S. Infrastructure Development ETFPAVE45.32M0.33%13.86B USD0.47%$56.39+0.62%
iShares Core S&P Small-Cap ETFIJR- Market value
- 228.64M
- Weight
- 0.20%
- AUM
- 111.19B USD
- Expense ratio
- 0.06%
- Price / 1D
- $147.31+0.64%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 125.18M
- Weight
- 0.01%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
Vanguard Information Technology ETFVGT- Market value
- 99.63M
- Weight
- 0.06%
- AUM
- 160.2B USD
- Expense ratio
- 0.09%
- Price / 1D
- $118.42+0.05%
iShares Russell 2000 ETFIWM- Market value
- 97.48M
- Weight
- 0.12%
- AUM
- 81.62B USD
- Expense ratio
- 0.19%
- Price / 1D
- $299.96+0.77%
Vanguard Morningstar Small-Cap ETFVB- Market value
- 90.16M
- Weight
- 0.05%
- AUM
- 183.4B USD
- Expense ratio
- 0.03%
- Price / 1D
- $304.76+0.64%
First Trust SMID Cap Rising Dividend Achievers ETFSDVY- Market value
- 61.54M
- Weight
- 0.53%
- AUM
- 11.64B USD
- Expense ratio
- 0.58%
- Price / 1D
- $43.87+0.46%
Vanguard Morningstar Small-Cap Growth ETFVBK- Market value
- 52.3M
- Weight
- 0.12%
- AUM
- 43.8B USD
- Expense ratio
- 0.05%
- Price / 1D
- $358.65+0.70%
Global X - U.S. Infrastructure Development ETFPAVE- Market value
- 45.32M
- Weight
- 0.33%
- AUM
- 13.86B USD
- Expense ratio
- 0.47%
- Price / 1D
- $56.39+0.62%
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