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Badger Meter, Inc.

Data quality: 100%
BMI
NYSE Technology Hardware, Equipment & Parts
$150.64
▼ $3.19 (-2.07%)
Mkt Cap: 4.40B
Day Range
$150.03 $153.40
52-Week Range
$139.14 $256.08
Volume
181,080
50D / 200D Avg
$156.36 / $185.24
Prev Close
$153.83

Price History

Financial Trends

Peer Comparison

vs Technology sector median (621 peers)

Metric Stock Sector Median
P/E 31.0 12.3
P/B 6.2 2.9
ROE % 21.5 8.9
Net Margin % 15.5 5.6
Rev Growth 5Y % 16.1 9.2
D/E 0.0 0.3

Analyst Price Target

Hold
$180.71 +20.0%
Low: $136.00 High: $220.00
Forward P/E
30.2
Forward EPS
$5.10
EPS Growth (est.)
+0.0%
Est. Revenue
970 M

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2029 $7.15
$6.62 – $7.42
1.2 B 2
FY2028 $6.37
$6.07 – $6.62
1.1 B 4
FY2027 $5.55
$4.77 – $5.88
1 B 10

Key Takeaways

Revenue grew 16.06% annually over 5 years — strong growth
ROE of 21.47% indicates high profitability
Net margin of 15.45% shows strong profitability
Debt/Equity of 0.00 — conservative balance sheet
Generating 169.67M in free cash flow
P/E of 31.04 — premium valuation

Growth

Revenue Growth (5Y)
16.06%
Revenue (1Y)10.90%
Earnings (1Y)13.36%
FCF Growth (3Y)31.50%

Quality

Return on Equity
21.47%
ROIC19.29%
Net Margin15.45%
Op. Margin20.01%

Safety

Debt / Equity
0.00
Current Ratio3.36
Interest Coverage0.00

Valuation

P/E Ratio
31.04
P/B Ratio6.16
EV/EBITDA22.73
Dividend Yield0.01%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 10.90% Revenue Growth (3Y) 14.14%
Earnings Growth (1Y) 13.36% Earnings Growth (3Y) 23.68%
Revenue Growth (5Y) 16.06% Earnings Growth (5Y) 23.50%
Profitability
Revenue (TTM) 916.66M Net Income (TTM) 141.63M
ROE 21.47% ROA 14.55%
Gross Margin 41.68% Operating Margin 20.01%
Net Margin 15.45% Free Cash Flow (TTM) 169.67M
ROIC 19.29% FCF Growth (3Y) 31.50%
Safety
Debt / Equity 0.00 Current Ratio 3.36
Interest Coverage 0.00 Dividend Yield 0.01%
Valuation
P/E Ratio 31.04 P/B Ratio 6.16
P/S Ratio 4.80 PEG Ratio 2.75
EV/EBITDA 22.73 Dividend Yield 0.01%
Market Cap 4.40B Enterprise Value 4.17B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 916.66M 826.56M 703.59M 565.57M 505.20M
Net Income 141.63M 124.94M 92.60M 66.50M 60.88M
EPS (Diluted) 4.79 4.23 3.14 2.26 2.08
Gross Profit 382.07M 329.18M 276.44M 219.97M 205.48M
Operating Income 183.42M 157.94M 118.05M 87.30M 78.72M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 973.58M 816.41M 716.92M 603.05M 530.82M
Total Liabilities 260.28M 210.18M 200.44M 160.63M 127.75M
Shareholders' Equity 713.29M 606.23M 516.48M 442.42M 403.07M
Total Debt 0.0 0.0 0.0 0.0 0.0
Cash & Equivalents 226.02M 295.31M 191.78M 138.05M 87.17M
Current Assets 507.08M 540.12M 442.18M 347.83M 261.36M
Current Liabilities 150.72M 118.21M 131.95M 110.31M 82.15M

Strategy Scores

This stock passed the criteria for 1 strategy

Score = fit strength (0–100)
Rank = position among all matches
#1036 of 1052
13

Recent Activity

Entered Cash Flow Compounder
Mar 24, 2026