Badger Meter, Inc. (BMI)
NYSE: BMI · Real-Time Price · USD
131.81
+3.68 (2.87%)
At close: Aug 21, 2026, 4:00 PM EDT
131.81
0.00 (0.00%)
After-hours: Aug 21, 2026, 6:30 PM EDT

Badger Meter Statistics

Total Valuation

Badger Meter has a market cap or net worth of $3.82 billion. The enterprise value is $3.75 billion.

Market Cap3.82B
Enterprise Value 3.75B

Important Dates

The last earnings date was Wednesday, July 22, 2026, before market open.

Earnings Date Jul 22, 2026
Ex-Dividend Date Aug 28, 2026

Share Statistics

Badger Meter has 28.99 million shares outstanding. The number of shares has decreased by -0.53% in one year.

Current Share Class 28.99M
Shares Outstanding 28.99M
Shares Change (YoY) -0.53%
Shares Change (QoQ) -0.76%
Owned by Insiders (%) 0.62%
Owned by Institutions (%) 114.54%
Float 28.80M

Valuation Ratios

The trailing PE ratio is 30.86 and the forward PE ratio is 27.50.

PE Ratio 30.86
Forward PE 27.50
PS Ratio 4.34
Forward PS 3.95
PB Ratio 5.60
P/TBV Ratio 17.55
P/FCF Ratio 25.42
P/OCF Ratio 22.92
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.06, with an EV/FCF ratio of 24.94.

EV / Earnings 29.82
EV / Sales 4.26
EV / EBITDA 19.06
EV / EBIT 22.89
EV / FCF 24.94

Financial Position

The company has a current ratio of 2.42, with a Debt / Equity ratio of 0.03.

Current Ratio 2.42
Quick Ratio 1.26
Debt / Equity 0.03
Debt / EBITDA 0.12
Debt / FCF 0.16
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 18.48% and return on invested capital (ROIC) is 22.14%.

Return on Equity (ROE) 18.48%
Return on Assets (ROA) 10.58%
Return on Invested Capital (ROIC) 22.14%
Return on Capital Employed (ROCE) 19.82%
Weighted Average Cost of Capital (WACC) 7.73%
Revenue Per Employee $355,654
Profits Per Employee $50,750
Employee Count2,477
Asset Turnover 0.91
Inventory Turnover 3.18

Taxes

In the past 12 months, Badger Meter has paid $42.44 million in taxes.

Income Tax 42.44M
Effective Tax Rate 25.24%

Stock Price Statistics

The stock price has decreased by -29.74% in the last 52 weeks. The beta is 0.64, so Badger Meter's price volatility has been lower than the market average.

Beta (5Y) 0.64
52-Week Price Change -29.74%
50-Day Moving Average 137.07
200-Day Moving Average 149.82
Relative Strength Index (RSI) 47.32
Average Volume (20 Days) 375,981

Short Selling Information

The latest short interest is 4.12 million, so 14.22% of the outstanding shares have been sold short.

Short Interest 4.12M
Short Previous Month 4.50M
Short % of Shares Out 14.22%
Short % of Float 14.31%
Short Ratio (days to cover) 7.55

Income Statement

In the last 12 months, Badger Meter had revenue of $880.96 million and earned $125.71 million in profits. Earnings per share was $4.27.

Revenue880.96M
Gross Profit 363.92M
Operating Income 163.79M
Pretax Income 168.15M
Net Income 125.71M
EBITDA 196.71M
EBIT 163.79M
Earnings Per Share (EPS) $4.27
Full Income Statement

Balance Sheet

The company has $95.73 million in cash and $23.48 million in debt, with a net cash position of $72.26 million or $2.49 per share.

Cash & Cash Equivalents 95.73M
Total Debt 23.48M
Net Cash 72.26M
Net Cash Per Share $2.49
Equity (Book Value) 682.88M
Book Value Per Share 23.56
Working Capital 244.33M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $166.69 million and capital expenditures -$16.39 million, giving a free cash flow of $150.30 million.

Operating Cash Flow 166.69M
Capital Expenditures -16.39M
Depreciation & Amortization 32.92M
Net Borrowing n/a
Free Cash Flow 150.30M
FCF Per Share $5.19
Full Cash Flow Statement

Margins

Gross margin is 41.31%, with operating and profit margins of 18.59% and 14.27%.

Gross Margin 41.31%
Operating Margin 18.59%
Pretax Margin 19.09%
Profit Margin 14.27%
EBITDA Margin 22.33%
EBIT Margin 18.59%
FCF Margin 17.06%

Dividends & Yields

This stock pays an annual dividend of $1.76, which amounts to a dividend yield of 1.34%.

Dividend Per Share $1.76
Dividend Yield 1.34%
Dividend Growth (YoY) 15.49%
Years of Dividend Growth 33
Payout Ratio 41.20%
Buyback Yield 0.53%
Shareholder Yield 1.87%
Earnings Yield 3.29%
FCF Yield 3.93%
Dividend Details

Analyst Forecast

The average price target for Badger Meter is $155.44, which is 17.93% higher than the current price. The consensus rating is "Buy".

Price Target $155.44
Price Target Difference 17.93%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (3Y) 5.18%
EPS Growth Forecast (3Y) 5.80%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on September 16, 2016. It was a forward split with a ratio of 2:1.

Last Split Date Sep 16, 2016
Split Type Forward
Split Ratio 2:1

Scores

Badger Meter has an Altman Z-Score of 11.98 and a Piotroski F-Score of 5.

Altman Z-Score 11.98
Piotroski F-Score 5