Badger Meter, Inc. (BMI)
NYSE: BMI · Real-Time Price · USD
122.04
-1.52 (-1.23%)
Apr 23, 2026, 1:25 PM EDT - Market open

Badger Meter Statistics

Total Valuation

Badger Meter has a market cap or net worth of $3.56 billion. The enterprise value is $3.40 billion.

Market Cap3.56B
Enterprise Value 3.40B

Important Dates

The last earnings date was Friday, April 17, 2026, before market open.

Earnings Date Apr 17, 2026
Ex-Dividend Date Feb 27, 2026

Share Statistics

Badger Meter has 29.19 million shares outstanding. The number of shares has decreased by -0.11% in one year.

Current Share Class 29.19M
Shares Outstanding 29.19M
Shares Change (YoY) -0.11%
Shares Change (QoQ) -0.60%
Owned by Insiders (%) 0.58%
Owned by Institutions (%) 101.57%
Float 29.00M

Valuation Ratios

The trailing PE ratio is 27.60 and the forward PE ratio is 26.49.

PE Ratio 27.60
Forward PE 26.49
PS Ratio 4.02
Forward PS 3.64
PB Ratio 5.22
P/TBV Ratio 10.56
P/FCF Ratio 21.33
P/OCF Ratio 19.54
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.91, with an EV/FCF ratio of 20.11.

EV / Earnings 26.04
EV / Sales 3.79
EV / EBITDA 16.91
EV / EBIT 20.09
EV / FCF 20.11

Financial Position

The company has a current ratio of 3.00

Current Ratio 3.00
Quick Ratio 1.86
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 19.60% and return on invested capital (ROIC) is 25.76%.

Return on Equity (ROE) 19.60%
Return on Assets (ROA) 11.31%
Return on Invested Capital (ROIC) 25.76%
Return on Capital Employed (ROCE) 21.12%
Weighted Average Cost of Capital (WACC) 9.18%
Revenue Per Employee $362,022
Profits Per Employee $52,713
Employee Count2,477
Asset Turnover 0.96
Inventory Turnover 3.24

Taxes

In the past 12 months, Badger Meter has paid $43.64 million in taxes.

Income Tax 43.64M
Effective Tax Rate 25.05%

Stock Price Statistics

The stock price has decreased by -41.95% in the last 52 weeks. The beta is 0.90, so Badger Meter's price volatility has been lower than the market average.

Beta (5Y) 0.90
52-Week Price Change -41.95%
50-Day Moving Average 149.56
200-Day Moving Average 173.97
Relative Strength Index (RSI) 32.24
Average Volume (20 Days) 742,259

Short Selling Information

The latest short interest is 2.88 million, so 9.86% of the outstanding shares have been sold short.

Short Interest 2.88M
Short Previous Month 2.56M
Short % of Shares Out 9.86%
Short % of Float 9.92%
Short Ratio (days to cover) 7.76

Income Statement

In the last 12 months, Badger Meter had revenue of $896.73 million and earned $130.57 million in profits. Earnings per share was $4.42.

Revenue896.73M
Gross Profit 370.96M
Operating Income 169.28M
Pretax Income 174.21M
Net Income 130.57M
EBITDA 201.14M
EBIT 169.28M
Earnings Per Share (EPS) $4.42
Full Income Statement

Balance Sheet

The company has $205.45 million in cash and n/a in debt, with a net cash position of $205.45 million or $7.04 per share.

Cash & Cash Equivalents 205.45M
Total Debt n/a
Net Cash 205.45M
Net Cash Per Share $7.04
Equity (Book Value) 690.43M
Book Value Per Share 23.66
Working Capital 338.88M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $184.56 million and capital expenditures -$15.49 million, giving a free cash flow of $169.08 million.

Operating Cash Flow 184.56M
Capital Expenditures -15.49M
Depreciation & Amortization 31.86M
Net Borrowing n/a
Free Cash Flow 169.08M
FCF Per Share $5.79
Full Cash Flow Statement

Margins

Gross margin is 41.37%, with operating and profit margins of 18.88% and 14.56%.

Gross Margin 41.37%
Operating Margin 18.88%
Pretax Margin 19.43%
Profit Margin 14.56%
EBITDA Margin 22.43%
EBIT Margin 18.88%
FCF Margin 18.85%

Dividends & Yields

This stock pays an annual dividend of $1.60, which amounts to a dividend yield of 1.31%.

Dividend Per Share $1.60
Dividend Yield 1.31%
Dividend Growth (YoY) 19.38%
Years of Dividend Growth 33
Payout Ratio 34.83%
Buyback Yield 0.11%
Shareholder Yield 1.41%
Earnings Yield 3.62%
FCF Yield 4.69%
Dividend Details

Analyst Forecast

The average price target for Badger Meter is $170.13, which is 39.41% higher than the current price. The consensus rating is "Buy".

Price Target $170.13
Price Target Difference 39.41%
Analyst Consensus Buy
Analyst Count 11
Revenue Growth Forecast (5Y) 6.82%
EPS Growth Forecast (5Y) 8.77%
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 14.85 and a Piotroski F-Score of 6.

Altman Z-Score 14.85
Piotroski F-Score 6