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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 Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
126.53141.63124.9492.666.560.88
Depreciation & Amortization
34.431.0828.7924.8122.4423.36
Other Amortization
3.53.53.43.33.84.5
Stock-Based Compensation
10.579.196.185.193.152.33
Other Operating Activities
-0.9-0.72-11.23-9.99-6.27-3.29
Change in Accounts Receivable
3.38-20.12-1.44-6.35-11.33-1.24
Change in Inventory
-9.76-0.9910.32-32.47-21.02-13.63
Change in Accounts Payable
-1.0514.4-12.168.5128.017.01
Change in Other Net Operating Assets
-7.995.716.2424.52-2.837.59
Operating Cash Flow
158.68183.7155.03110.1282.4587.51
Operating Cash Flow Growth
-12.31%18.49%40.79%33.55%-5.78%-2.31%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-16.29-14.03-12.82-12-5.89-6.75
Cash Acquisitions
-94.38-184.02-3-17.13--45.27
Other Investing Activities
0.45----0.6
Investing Cash Flow
-110.21-198.05-15.82-29.13-5.89-51.42

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Issuance of Common Stock
0.140.550.750.970.72.11
Repurchase of Common Stock
-134.02-15---0.43-0.46
Common Dividends Paid
-47.67-43.53-35.85-29.05-24.88-22.16
Financing Cash Flow
-181.55-57.98-35.1-28.09-24.61-20.51

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-0.683.04-0.60.83-1.08-0.68
Net Cash Flow
-133.77-69.29103.5253.7350.8814.9

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
142.39169.67142.2298.1176.5680.76
Free Cash Flow Growth
-14.38%19.31%44.95%28.15%-5.21%0.30%
Free Cash Flow Margin
16.16%18.51%17.21%13.94%13.54%15.99%
Free Cash Flow Per Share
4.875.744.823.332.612.75
Levered Free Cash Flow
123.38138.41115.8676.2469.7864.28
Unlevered Free Cash Flow
123.38138.41115.8676.2469.7864.28

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
-----0.12
Cash Income Tax Paid
48.7548.7556.0438.9324.0419.98
Change in Working Capital
-15.42-0.992.95-5.79-7.17-0.28
SEC Filings: 10-K · 10-Q