Badger Meter Inc

Technology US BMI

147.2USD
-2.34(1.56%)

Last update at 2026-03-10T20:29:00Z

Day Range

146.07149.95
LowHigh

52 Week Range

103.20170.26
LowHigh

Fundamentals

  • Previous Close 149.54
  • Market Cap4535.56M
  • Volume170650
  • P/E Ratio53.48
  • Dividend Yield0.64%
  • EBITDA135.31M
  • Revenue TTM668.48M
  • Revenue Per Share TTM22.84
  • Gross Profit TTM 219.97M
  • Diluted EPS TTM2.89

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 87.72M 78.62M 64.98M 61.61M 35.85M
Minority interest - - - - -
Net income 66.50M 60.88M 49.34M 47.18M 27.79M
Selling general administrative 132.81M 126.88M 103.24M 101.67M 125.34M
Selling and marketing expenses - 0.12M 103.09M - -
Gross profit 219.97M 205.48M 168.25M 163.53M 162.35M
Reconciled depreciation 26.24M 27.86M 25.22M 24.15M 24.32M
Ebit 87.30M 78.72M 65.16M 62.15M 12.69M
Ebitda 113.41M 106.47M 90.23M 86.01M 37.01M
Depreciation and amortization 26.11M 27.74M 25.07M 23.86M 24.32M
Non operating income net other - - - - -
Operating income 87.30M 78.72M 65.16M 62.15M 56.87M
Other operating expenses 478.40M 426.60M 360.53M 362.76M 396.72M
Interest expense 0.55M -0.02000M 0.03M 0.25M 1.16M
Tax provision 21.22M 17.74M 15.64M 14.43M 8.06M
Interest income 0.55M 0.02M 0.03M 0.25M 1.16M
Net interest income 0.55M 0.02M -0.03000M -0.25300M -1.15700M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 21.22M 17.74M 15.64M 14.43M 8.06M
Total revenue 565.57M 505.20M 425.54M 424.62M 433.73M
Total operating expenses 132.81M 126.88M 103.24M 101.67M 125.34M
Cost of revenue 345.60M 299.71M 257.30M 261.10M 271.38M
Total other income expense net 0.42M -0.10000M -0.17500M -0.54100M -19.86000M
Discontinued operations - - - - -
Net income from continuing ops 66.50M 60.88M 49.34M 47.18M 27.79M
Net income applicable to common shares 66.50M 60.88M 49.34M 47.18M 27.79M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 603.05M 530.82M 468.38M 421.89M 392.69M
Intangible assets 53.61M 64.18M 53.60M 48.16M 55.42M
Earning assets - - - - -
Other current assets 13.27M 8.71M 5.30M 7.91M 4.47M
Total liab 160.62M 127.75M 107.12M 90.83M 89.19M
Total stockholder equity 442.42M 403.07M 361.26M 331.07M 303.50M
Deferred long term liab 4.65M 5.38M 5.70M 0.88M 3.33M
Other current liab 26.11M 40.29M 30.28M 8.49M 17.97M
Common stock 37.22M 37.22M 37.22M 37.20M 37.20M
Capital stock 37.22M 37.22M 37.22M 37.20M 37.20M
Retained earnings 395.15M 353.54M 314.85M 285.88M 257.31M
Other liab 45.92M 45.60M 41.92M 27.63M 29.17M
Good will 101.26M 104.31M 88.71M 71.26M 71.26M
Other assets 26.80M 22.92M 22.52M 10.92M 5.83M
Cash 138.05M 87.17M 72.27M 48.87M 13.09M
Cash and equivalents 138.05M 87.17M 72.27M 48.87M 13.09M
Total current liabilities 110.31M 82.15M 65.20M 57.25M 60.02M
Current deferred revenue 12.76M - - 12.75M 1.51M
Net debt -138.05200M -87.17400M -72.27300M -44.39100M 4.97M
Short term debt 0.00000M 0.00000M 4.48M 4.48M 18.06M
Short long term debt - - - 4.48M 18.06M
Short long term debt total - - - 4.48M 18.06M
Other stockholder equity 16.03M 12.18M 7.88M 7.56M 8.41M
Property plant equipment 73.54M 78.05M 82.70M 85.76M 90.32M
Total current assets 347.83M 261.36M 220.85M 200.09M 164.66M
Long term investments - - - - -
Net tangible assets 287.55M 234.58M 218.95M 211.65M 176.83M
Short term investments - - - - -
Net receivables 76.65M 65.87M 61.69M 61.37M 66.30M
Long term debt - - - - -
Inventory 119.86M 99.61M 81.59M 81.95M 80.80M
Accounts payable 71.44M 41.86M 34.92M 31.52M 22.47M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -5.98300M 0.14M 1.31M 0.42M 0.58M
Additional paid in capital - - - - -
Common stock total equity 37.22M 37.22M 37.22M 37.20M 37.20M
Preferred stock total equity - - - - -
Retained earnings total equity 395.15M 353.54M 314.85M 285.88M 257.31M
Treasury stock -37.25300M -37.04600M -37.08900M -34.23800M -29.36400M
Accumulated amortization - - - - -
Non currrent assets other 14.05M 22.92M 22.52M 16.62M 11.04M
Deferred long term asset charges - - - 0.74M 2.16M
Non current assets total 255.22M 269.46M 247.53M 221.80M 228.03M
Capital lease obligations - - - - -
Long term debt total 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -5.89100M -51.42300M -38.19300M -7.49600M -16.69100M
Change to liabilities 28.01M 7.00M -0.39100M 11.64M -9.86800M
Total cashflows from investing activities -5.89100M -51.42300M -38.19300M -7.49600M -16.69100M
Net borrowings - - -4.60000M -13.50000M -21.01200M
Total cash from financing activities -24.60500M -20.50700M -27.81900M -37.70900M -42.14000M
Change to operating activities -2.82500M 7.59M 8.71M -6.13200M 4.84M
Net income 66.50M 60.88M 49.34M 47.18M 27.79M
Change in cash 50.88M 14.90M 23.40M 35.78M 1.92M
Begin period cash flow 87.17M 72.27M 48.87M 13.09M 11.16M
End period cash flow 138.05M 87.17M 72.27M 48.87M 13.09M
Total cash from operating activities 82.45M 87.51M 89.58M 80.71M 60.35M
Issuance of capital stock 0.00000M 0.07M 0.18M 0.19M 0.52M
Depreciation 26.24M 27.86M 25.22M 24.15M 24.32M
Other cashflows from investing activities 0.00000M -44.67700M -29.13400M 0.60M -8.04800M
Dividends paid 24.88M 22.16M 20.34M 18.59M 16.27M
Change to inventory -21.02100M -13.63300M 5.13M -1.22000M 4.86M
Change to account receivables -11.32800M -1.24000M 3.04M -7.99900M -7.99900M
Sale purchase of stock -0.42700M -0.46000M -3.11600M -5.20700M -4.79500M
Other cashflows from financing activities 2.04M 2.04M 0.06M -2.55500M -2.03400M
Change to netincome 15.96M 26.63M 40.23M 33.54M 32.56M
Capital expenditures 5.89M 6.75M 9.06M 7.50M 8.64M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - -0.67900M -0.16400M 0.28M 0.40M
Cash and cash equivalents changes 51.95M 14.90M 23.40M 35.78M 1.92M
Change in working capital -7.16700M -0.30700M 16.48M 9.74M -8.16400M
Stock based compensation 3.15M 2.33M 1.42M 1.21M 4.17M
Other non cash items -0.64800M -0.23400M 0.21M -0.04000M 17.50M
Free cash flow 76.56M 80.76M 80.52M 73.22M 51.71M

Peer Comparison

Sector: Technology Industry: Scientific & Technical Instruments

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BMI
Badger Meter Inc
-2.34 1.56% 147.20 53.48 44.84 6.63 8.99 6.38 31.54
KYCCF
Keyence
19.74 5.35% 388.75 41.66 38.76 0.11 5.69 0.10 0.19
HXGBY
Hexagon AB ADR
-0.13 1.22% 10.54 33.46 33.33 6.00 2.83 6.50 29.28
HXGBF
Hexagon AB (publ)
0.01 0.09% 10.90 33.03 32.15 5.73 2.79 6.64 29.93
KEYS
Keysight Technologies Inc
3.52 1.25% 285.54 26.94 21.64 5.05 5.89 4.94 16.38

Reports Covered

Stock Research & News

Profile

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. In addition, the company offers ORION (SE) for traditional fixed network applications; and ORION Cellular for utility-owned fixed network infrastructure, 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 customers 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, industrial, and other industries. It sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was incorporated in 1905 and is based in Milwaukee, Wisconsin.

Badger Meter Inc

4545 West Brown Deer Road, Milwaukee, WI, United States, 53224-9536

Key Executives

Name Title Year Born
Mr. Kenneth C. Bockhorst Chairman, Pres & CEO 1973
Mr. Robert A. Wrocklage Sr. VP & CFO 1979
Mr. William R. A. Bergum VP, Gen. Counsel & Sec. 1965
Mr. Kimberly K. Stoll VP of Sales & Marketing 1966
Ms. Karen Bauer VP of Investor Relations, Corp. Strategy & Treasurer NA
Ms. Sheryl L. Hopkins VP of HR 1968
Mr. Daniel R. Weltzien VP & Controller 1979

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