BMI

BADGER METER INC
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Company Information

Company Name
BADGER METER INC
CIK
CIK0000009092
Category
Large accelerated filer
Ticker: Exchange
BMI: NYSE
Fiscal Year End
December 31
Owner Organization
08 Industrial Applications and Services
SIC
3824
SIC Description
Totalizing Fluid Meters & Counting Devices
Ticker
BMI

SEC filing data through

Insider Sentiment

Last purchase
2026-07-30
Last sale
2026-03-06
Shares purchased (TTM)
15,699
Shares sold (TTM)
3,989
Buy ratio (TTM)79.7%

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
31,814,368
Shares outstanding
29,038,125
Ownership
109.56%
+19.07% Y/Y

Earnings Market Reaction

Filing date
2026-07-23
Price on filing date
—
1-month reaction
…
3-month reaction
…
Drift continued6/10 (60%)
Faded / reversed4/10 (40%)

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Assets Current
Cash96205226202165131295259226199192163
Accounts Receivable Net Current1211101121151181128493106928489
Inventory Net
Inventory Finished Goods192523262423243639373535
Inventory Work In Process333529303438373939414136
Inventory Raw Materials127115100968988838483827877
Inventory Net178175152153147149143159161160154148
Prepaid Expense And Other Assets Current211717251819171816191323
Assets Current416508507495448412540529509471442423
Property Plant And Equipment Gross
Buildings And Improvements Gross--75---72---72-
Machinery And Equipment Gross--164---152---145-
Property Plant And Equipment Gross257252248246245238233232229227226228
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment-173-171-169-168-167-162-159-158-157-154-152-154
Property Plant And Equipment Net838180787876747372737474
Finite Lived Intangible Assets Net163114118122126131454950525455
Other Assets Noncurrent191919141617131413111112
Deferred Income Tax Assets Net141414333333332323232313
Goodwill303235236237236232112115113113113113
Assets998971974978936900816803781743717690
Liabilities Current
Accounts Payable Current9810672707474567796918285
Employee Related Liabilities Current191638342417353022163026
Product Warranty Accrual Classified Current988910771614121111
Other Liabilities Current46393241314320661697
Liabilities Current172169151153139141118129138135132129
Deferred Revenue Noncurrent7973736969656461595450-
Deferred Income Tax Liabilities Net1733242424455556
Other Postretirement Defined Benefit Plan Liabilities Noncurrent322333344444
Other Postretirement Benefits Payable Noncurrent777686776555
Product Warranty Accrual Noncurrent1514131310119-----
Other Liabilities Noncurrent2311116775665553
Liabilities Noncurrent143111110---92---68-
Stockholders Equity
Common Stock Value373737373737373737373737
Additional Paid In Capital Common Stock807775737168666463605958
Retained Earnings Accumulated Deficit680662646624601576548527505480459442
Accumulated Other Comprehensive Income Loss Net Of Tax04656-3-8-1-5-5-2-7
Treasury Stock Value-114-89-52-36-36-36-37-37-37-37-37-37
Stockholders Equity683690713703678642606591563536516493
Liabilities And Stockholders Equity998971974978936900816803781743717690
Common Stock Par Or Stated Value Per Share1.001.001.001.001.001.001.001.001.001.001.001.00
Common Stock Shares Authorized808080808080808080808080
Common Stock Shares Issued373737373737373737373737
Treasury Stock Common Shares888888888888

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BADGER METER INC (BMI) — SEC Financial Statements & Analysis

BADGER METER INC (BMI) is a totalizing fluid meters & counting devices company, incorporated in WI. BADGER METER INC trades on NYSE as: BMI. BADGER METER INC (BMI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-23. Based on that filing, BADGER METER INC carries a market cap of $4.31B, a P/E ratio of 34.28x, a P/B ratio of 6.31x, a P/S ratio of 4.89x, an enterprise value of $4.21B, and an EV/EBITDA multiple of 24.11x. On profitability, it posts a gross margin of 41.31%, an operating margin of 18.58%, a net margin of 14.27%, a Return on Equity (ROE) of 18.48%, a Return on Assets (ROA) of 13.00%, and a Return on Invested Capital (ROIC) of 21.57%. Per share, it reports EPS of $4.33, diluted EPS of $4.31, free cash flow per share of $5.18, and a dividend per share of $1.61. Over the trailing year, it posted revenue growth of 0.80% year-over-year, net income growth of -7.39% year-over-year, and EPS growth of -6.19% year-over-year. On the balance sheet, it maintains a current ratio of 2.42x, a quick ratio of 1.26x, working capital of $244.33M, a debt-to-equity ratio of 0.46x, a debt ratio of 0.32, an interest coverage ratio of 37.61x, free cash flow of $150.30M (TTM), and net debt of $-95.73M. Figures sourced from SEC EDGAR.

Market Cap
$4.31B
P/E TTM
34.28x
EPS TTM
$4.33
P/B TTM
6.31x
ROE TTM
18.48%
ROA TTM
13.00%
Debt To Equity
0.46x
Free Cash Flow TTM
$150.30M
Net Revenue TTM Growth 1Y
0.80%

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is BADGER METER INC in?

BADGER METER INC (BMI) operates in the Totalizing Fluid Meters & Counting Devices industry.

What exchange does BMI trade on?

BADGER METER INC (BMI) trades on the NYSE.

Where is BADGER METER INC incorporated?

BADGER METER INC is incorporated in WI.

When was BADGER METER INC (BMI)'s most recent SEC filing?

BADGER METER INC (BMI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-23.

What is BMI's market cap?

BADGER METER INC (BMI) has a market capitalization of $4.31B as of 2026-06-30.

What is BMI's P/E ratio?

BADGER METER INC (BMI)'s trailing twelve month P/E ratio is 34.28x as of 2026-06-30.

What is BMI's EPS (earnings per share)?

BADGER METER INC (BMI)'s trailing twelve month EPS is $4.33 as of 2026-06-30.

What is BMI's ROE (return on equity)?

BADGER METER INC (BMI)'s trailing twelve month Return on Equity (ROE) is 18.48% as of 2026-06-30.

What is BMI's ROA (return on assets)?

BADGER METER INC (BMI)'s trailing twelve month Return on Assets (ROA) is 13.00% as of 2026-06-30.

What is BMI's ROIC (return on invested capital)?

BADGER METER INC (BMI)'s trailing twelve month Return on Invested Capital (ROIC) is 21.57% as of 2026-06-30.

What is BMI's EV/EBITDA?

BADGER METER INC (BMI)'s trailing twelve month EV/EBITDA is 24.11x as of 2026-06-30.

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