Badger Meter, Inc. BMI

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163.93 USD +11.35 (+7.44%)

At closeNov 4, 2026, 4:00 PM EST

163.75 -0.18 -0.11%

After hours · Nov 4, 4:00 PM ET

154.23 Day range 166.60
112.09 52-week range 192.28
YTD
-6.01%
1 year
-10.46%
Market cap
4.75B
Revenue (ttm)
881.24M
Profit margin
14.36%
EPS (ttm)
4.19
Shares out
28.99M
P/E ratio
39.12
Forward P/E
32.87
Dividend
1.76 (1.12%)
Ex-dividend date
Aug 27, 2026
YTD return
-6.01%
1-year return
-10.46%
Volume
813.71K
Avg volume
411.89K
Open
155.76
Previous close
152.58
Day's range
154.23 – 166.60
52-week range
112.09 – 192.28
Beta
0.62
Analysts
Buy
Price target
165.75 (+1.1%)
Earnings date
Jan 27, 2027

2Y -36.84 (-18.16%)

150200250Jan 25Jun 25Nov 25Apr 26Aug 26166.01

Key statistics

Enterprise value
4.31B
PEG ratio
3.53
Price / sales
5.39
Price / book
7.19
Dividend yield
1.15%
Payout ratio
37.88%
Revenue growth
0.10%
Free cash flow
123.38M
Total cash
67.93M
Total debt
22.82M
Return on equity
18.70%
Short % of float
22.48%
50-day average
133.57
200-day average
138.41

Financials — quick view

All financials
BMI Revenue — quarterly 235.94M
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
BMI Net income — quarterly 35.90M
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
BMI EPS — quarterly 1.25
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026

Earnings

BMI recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jan 27, 2027Dec 30, 20261.26———
Oct 22, 2026Sep 30, 20261.231.24+0.01+0.81%
Jul 22, 2026Jun 30, 20261.011.02+0.01+0.99%
Apr 17, 2026Mar 31, 20261.220.93-0.29-23.77%
Jan 28, 2026Dec 31, 20251.151.14-0.01-0.87%
Oct 21, 2025Sep 30, 20251.141.19+0.05+4.39%

Upgrades / downgrades

BMI analyst upgrades and downgrades
DateFirmActionFromTo
Oct 27, 2026Argus ResearchupHoldBuy
Oct 23, 2026RBC CapitalmainOutperformOutperform
Oct 23, 2026BarclaysmainUnderweightUnderweight
Oct 23, 2026StifelmainBuyBuy
Oct 19, 2026StifelmainBuyBuy
Oct 13, 2026BarclaysmainUnderweightUnderweight

About Badger Meter, Inc.

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. The company offers Utility water smart metering solutions and software technologies and services to municipal water utility market. It also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids, including water, air, steam, 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. In addition, the company offers ORION Cellular endpoints to power network as a service; ORION mobile read endpoints support for deploying AMR solution; radio products; hardware, instruments, and sensors, and related software, to enhance connected data to a water utility's operation; water quality monitoring solutions, including optical sensing and electrochemical instruments; and high frequency pressure and leak detection sensors to aid in burst pipe and leak events; as well as BEACON, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water user to view and manage their water usage activity. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. The company serves water utilities, commercial, and industrial industries; and provides training, project management, technical support, and other collaborative services for customers. It sells its products and software to employees, resellers, and representatives. The company was incorporated in 1905 and is based in Milwaukee, Wisconsin.

Sector
Technology
Industry
Scientific & Technical Instruments
Country
United States

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Insider holders

BMI insider holders
InsiderRelationLatest transactionDateShares held
BERGUM WILLIAM R AGeneral CounselStock Award(Grant)Mar 5, 202615,190
BOCKHORST KENNETH CChief Executive OfficerPurchaseApr 20, 202651,676
HOPKINS SHERYLOfficerStock Award(Grant)Mar 5, 20265,670
HTWE RICHARDOfficerPurchaseApr 20, 20267,603
MYERS TESSA M.DirectorStock Award(Grant)Apr 26, 20265,913
STERN JAMES FDirectorStock Award(Grant)Apr 26, 20268,551

Institution ownership

BMI institution ownership
Holder% heldSharesValueReported
Blackrock Inc.17.13%4,892,342802.00MJun 29, 2026
Vanguard Portfolio Management LLC8.77%2,504,823410.62MJun 29, 2026
State Street Corporation5.78%1,651,414270.72MJun 29, 2026
Vanguard Capital Management LLC4.61%1,317,325215.95MJun 29, 2026
Geode Capital Management, LLC3.53%1,008,392165.31MJun 29, 2026
Impax Asset Management Group plc3.31%945,694155.03MJun 29, 2026

Fund ownership

BMI fund ownership
Holder% heldSharesValueReported
iShares Trust-iShares Core S&P Small-Cap ETF6.04%1,726,220282.98MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.25%928,527152.21MJun 29, 2026
iShares Trust-iShares Russell 2000 ETF2.69%768,068125.91MSep 29, 2026
VANGUARD WORLD FUND-Vanguard Information Technology Index Fund2.60%741,910121.62MAug 30, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund2.34%669,606109.77MJun 29, 2026
First TRT Exch-Trd Fd. VI-First TRT SMID Cap Rising Dividend Achievers2.33%665,359109.07MSep 29, 2026