Badger Meter, Inc. (BMI)
NYSE: BMI · Real-Time Price · USD
148.38
-1.30 (-0.87%)
At close: Oct 30, 2026, 4:00 PM EDT
149.01
+0.63 (0.43%)
After-hours: Oct 30, 2026, 7:43 PM EDT
Badger Meter Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 881.24 | 916.66 | 826.56 | 703.59 | 565.57 | 505.2 |
Revenue Growth | -2.21% | 10.90% | 17.48% | 24.40% | 11.95% | 18.72% |
Gross Profit Gross Profit Growth | 366.94 | 382.07 | 329.18 | 276.44 | 219.97 | 205.48 |
Operating Income Operating Income Growth | 165.45 | 183.53 | 157.89 | 117.92 | 87.17 | 78.6 |
Net Income Net Income Growth | 126.53 | 141.63 | 124.94 | 92.6 | 66.5 | 60.88 |
Earnings Per Share EPS Growth | 4.33 | 4.79 | 4.23 | 3.14 | 2.26 | 2.08 |
EPS Growth | -7.66% | 13.24% | 34.71% | 38.94% | 8.65% | 23.08% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
United States United States Growth | 788.1 | 825.94 | 745.19 | 621.17 | 491.68 | 432.19 |
Asia Asia Growth | 13.43 | 14.28 | 11.24 | 13.55 | 15 | 16.74 |
Canada Canada Growth | 12.64 | 15.23 | 10.45 | 12.96 | 12.77 | 11.87 |
Europe Europe Growth | 52.47 | 43.92 | 37.29 | 39.11 | 28.72 | 30.36 |
Mexico Mexico Growth | 3.59 | 2.69 | 3.62 | 4.26 | 3.93 | 5.11 |
Middle East Middle East Growth | 8.46 | 10.99 | 16.78 | 10.38 | 9.29 | 7.18 |
Other Geographic Other Geographic Growth | 2.56 | 3.62 | 1.99 | 2.18 | 4.19 | 1.76 |
Revenue (Total) Revenue (Total) Growth | 881.24 | 916.66 | 826.56 | 703.59 | 565.57 | 505.2 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 67.93 | 226.02 | 295.31 | 191.78 | 138.05 | 87.17 |
Total Debt Total Debt Growth | 22.82 | 12.69 | 6.01 | 5.76 | 6.79 | 6.18 |
Net Cash (Debt) Net Cash Growth | 45.11 | 213.33 | 289.29 | 186.02 | 131.26 | 81 |
Net Cash Growth | -77.64% | -26.26% | 55.51% | 41.72% | 62.06% | 24.50% |
Net Cash Per Share Net Cash Per Share Growth | 1.54 | 7.21 | 9.80 | 6.32 | 4.47 | 2.76 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 158.68 | 183.7 | 155.03 | 110.12 | 82.45 | 87.51 |
Capital Expenditures CapEx Growth | -16.29 | -14.03 | -12.82 | -12 | -5.89 | -6.75 |
Free Cash Flow Free Cash Flow Growth | 142.39 | 169.67 | 142.22 | 98.11 | 76.56 | 80.76 |
Free Cash Flow Growth | -14.38% | 19.31% | 44.95% | 28.15% | -5.21% | 0.30% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 41.64% | 41.68% | 39.83% | 39.29% | 38.89% | 40.67% |
Operating Margin | 18.77% | 20.02% | 19.10% | 16.76% | 15.41% | 15.56% |
Pretax Margin | 19.14% | 20.58% | 20.14% | 17.33% | 15.51% | 15.56% |
Profit Margin | 14.36% | 15.45% | 15.12% | 13.16% | 11.76% | 12.05% |
FCF Margin | 16.16% | 18.51% | 17.21% | 13.94% | 13.54% | 15.99% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 1.760 | 1.480 | 1.220 | 0.990 | 0.850 | 0.760 |
Dividend Per Share Growth | 15.49% | 21.31% | 23.23% | 16.47% | 11.84% | 8.57% |
Dividend Yield | 1.19% | 0.85% | 0.57% | 0.64% | 0.78% | 0.71% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 34.26 | 36.29 | 49.93 | 48.92 | 47.99 | 51.19 |
Forward PE | 30.50 | 33.12 | 44.37 | 44.52 | 43.77 | 53.35 |
P/FCF Ratio | 29.77 | 30.29 | 43.87 | 46.17 | 41.68 | 38.59 |
PS Ratio | 4.81 | 5.61 | 7.55 | 6.44 | 5.64 | 6.17 |