Badger Meter, Inc.

Badger Meter, Inc.

BMIยทNYSE

$129.80

-0.062%
TechnologyHardware, Equipment & Parts

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. In addition, the company offers ORION Migratable for automatic meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading solution, as well as BEACON advanced metering analytics, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. It also serves water utilities, industrial, and other industries. The company sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was incorporated in 1905 and is headquartered in Milwaukee, Wisconsin.

At a Glance

Live Snapshot
Market Cap$3.79B
EPS4.8200
P/E Ratio26.93
Earnings Date07/28/2026
3Y+62.0%
5Y+115.0%
10Y+133.0%
3Y+113.0%
5Y+187.0%
10Y+339.0%
3Y+123.0%
5Y+105.0%
10Y+227.0%
Badger Meter, Inc.

Badger Meter, Inc. Profit Bridge

BMI ยท NYSE
Revenue916.66M
Cost of Goods Sold (534.59M)
Gross Profit382.07M
Operating Expenses (198.65M)
Operating Income183.42M
Interest Expense (0.00)
Other Income/Expense5.24M
Pretax Income188.66M
Income Tax (47.02M)
Net Income141.63M
Net Income
141.63M

Profitability Analysis

Gross Margin

41.7%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

20.0%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

15.5%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

24.9%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Badger Meter, Inc. Income Statement

BMI โ€ข NYSE

Badger Meter, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
916.7M
826.6M
703.6M
565.6M
505.2M
425.5M
424.6M
433.7M
402.4M
393.8M
377.7M
364.8M
334.1M
319.7M
262.9M
276.6M
250.3M
279.6M
234.8M
229.8M
GROSS PROFIT
(534.6M)
(497.4M)
(427.2M)
(345.6M)
(299.7M)
(257.3M)
(261.1M)
(271.4M)
(246.7M)
(243.2M)
(241.9M)
(233.6M)
(217.1M)
(197.4M)
(173.1M)
(173.8M)
(153.3M)
(181.1M)
(153.4M)
(153.1M)
382.1M
329.2M
276.4M
220M
205.5M
168.2M
163.5M
162.3M
155.7M
150.6M
135.8M
131.1M
117M
122.2M
89.8M
102.8M
97M
98.5M
81.4M
76.6M
OPERATING INCOME
(198.6M)
(171.2M)
(158.4M)
(132.8M)
(126.9M)
(103.2M)
(101.7M)
(125.3M)
(100.1M)
(99.8M)
(93.4M)
(85.1M)
(77.9M)
(77.8M)
(62.3M)
(58M)
(54.8M)
(57.6M)
(50.8M)
(47.8M)
(0.0)
(171.2M)
(139.4M)
(132.8M)
(126.9M)
(103.2M)
(101.7M)
(125.3M)
(100.1M)
(99.8M)
(93.4M)
(85.1M)
(77.9M)
(77.8M)
(62.3M)
(58M)
(54.8M)
(57.6M)
(50.8M)
(47.8M)
(0.0)
(19.2M)
(19M)
(15.8M)
(14.7M)
(11.6M)
(11.9M)
(11.1M)
(10.6M)
(10.6M)
(10.6M)
(9.5M)
(10.5M)
(9.6M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
183.4M
157.9M
118M
87.3M
78.7M
65.2M
62.1M
56.9M
55.6M
50.8M
42.4M
46M
39.1M
44.5M
27.5M
44.8M
42.2M
40.9M
30.6M
28.8M
PRE-TAX INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(30K)
(253K)
(1.2M)
(789K)
(921K)
(1.2M)
(1.1M)
(1.1M)
(998K)
(185K)
(385K)
(90K)
(1.3M)
(1.3M)
(1.3M)
5.1M
8.6M
4M
552K
20K
-30K
-253K
-1.2M
-789K
-921K
-1.2M
-1.1M
-1.1M
-998K
-185K
385K
-90K
1.3M
0.0
0.0
(198.6M)
-19.2M
(0.0)
-15.8M
-14.7M
-11.6M
-11.9M
-19.9M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
5.2M
8.6M
3.9M
422K
-100K
-175K
-541K
-21M
-789K
-921K
-1.2M
-1.1M
-1.1M
-998K
-185K
-385K
90K
-1.3M
-1.3M
-1.3M
188.7M
166.5M
122M
87.7M
78.6M
65M
61.6M
35.9M
54.8M
49.8M
41.2M
44.9M
38M
43.5M
27.3M
44.4M
42.3M
39.6M
29.3M
27.5M
NET INCOME
(47M)
(41.6M)
(29.4M)
(21.2M)
(17.7M)
(15.6M)
(14.4M)
(8.1M)
(20.3M)
(17.5M)
(15.2M)
(15.2M)
(13.4M)
(15.4M)
(8.2M)
(15.8M)
(15.6M)
(14.5M)
(10.9M)
(10.9M)
141.6M
124.9M
92.6M
66.5M
60.9M
49.3M
47.2M
27.8M
34.6M
32.3M
25.9M
29.7M
24.6M
28M
19.2M
28.7M
34.2M
25.1M
16.5M
7.5M

SEC Filings

BMI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 21, 2026
May 21, 2026
2026
8-K

8-K 2026

N/A

April 28, 2026
April 24, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 20, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 17, 2026
April 17, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 13, 2026
March 11, 2026
2026
10-K

10-K 2025 FY

FY

February 17, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 28, 2026
January 28, 2026
2026
8-K

8-K 2025

N/A

December 11, 2025
December 10, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 22, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 21, 2025
October 21, 2025
2025
Showing 1 to 10 of 320 filings