BMI
Badger Meter Inc Information Technology Totalizing Fluid Meters & Counting Devices Russell 3000
$148.38Close
$5.5BMarket cap
$112.67 – $185.7352-week range
Late-januaryNext report · estimated
Highlights
Cautions
- Not in an uptrend 4 of 8 trend conditions
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
20%
1wk
down 1.9%
price change
1mo
up 20.1%
price change
12-month return
down 17%
market up 11% ·
its own down 29%
F-score
6 / 9
Mixed
Altman Z
15.66
Low risk
P/E
39.0×
price / earnings
PEG
2.95
P/E / EPS growth
P/B
7.7×
price / book
Earnings yield
up 3.3%
EBIT / enterprise value
Cheaper than
39%
of the market · expensive
Revenue growth
up 11%
year on year
EPS growth
up 5%
latest quarter · +18 pts
Sales growth
0%
latest quarter · +7 pts
ROE
up 21%
return on equity
Free cash margin
up 19%
$169.7M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
—
Interest cover
35.8×EBIT / interest
Piotroski tests
- profitability slipped from last year
- short-term liquidity weakened
- assets working less efficiently
- profitable on its assets
- generating cash from operations
- profits backed by cash
- reduced long-term debt
- no new shares issued
- gross margin widened
Repair signals
- Gross margin 39.8% → 41.7%
Trade setup
ATR%
4.6%
$6.79 a day · 2×ATR $134.80
RS
53 / 99
vs the universe
Trend
4 / 8
trend template
Relative volume
1.1×
vs 50-day average
Up/down volume
1.16
50 sessions
Implied move
—
no scheduled report
Trend template · 4 of 8
- Price above the 150 and 200-day averages: passes
- 150-day average above the 200-day: fails
- 200-day average rising for a month: fails
- 50-day average above the 150 and 200-day: fails
- Price above the 50-day average: passes
- At least 30% above the 52-week low: passes
- Within 25% of the 52-week high: passes
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Oct 22, 2026
Last shock
Jul 22, 2026-13% in one session2.8× volumeon results+18% since
Financials
- Gross 42%
- Net 15%
- Free cash 19%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $425.5M | $505.2M | $565.6M | $703.6M | $826.6M | $916.7M |
| Gross margin | 40% | 41% | 39% | 39% | 40% | 42% |
| Operating income | $65.2M | $78.7M | $87.3M | $118.0M | $157.9M | $183.4M |
| Net income | $49.3M | $60.9M | $66.5M | $92.6M | $124.9M | $141.6M |
| Net margin | 12% | 12% | 12% | 13% | 15% | 15% |
| Earnings per share | $1,688.09 | $2,075.26 | $2,263.62 | $3.14 | $4.23 | $4.79 |
| Free cash flow | $80.5M | $80.8M | $76.6M | $98.1M | $142.2M | $169.7M |
| Free cash margin | 19% | 16% | 14% | 14% | 17% | 19% |
| Cash | $72.3M | $87.2M | — | — | — | — |
| Shareholders' equity | $361.3M | $403.1M | $442.4M | $516.5M | $606.2M | $713.3M |
| Shares outstanding | 37.22m | 37.22m | 37.22m | 37.22m | 37.22m | 37.22m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 23, 2026 | Quarterly ↗ | Sep 30, 2026 | 23d |
| Jul 23, 2026 | Quarterly ↗ | Jun 30, 2026 | 23d |
| Apr 20, 2026 | Quarterly ↗ | Mar 31, 2026 | 20d |
| Feb 17, 2026 | Annual ↗ | Dec 31, 2025 | 48d |
| Oct 22, 2025 | Quarterly ↗ | Sep 30, 2025 | 22d |
| Jul 23, 2025 | Quarterly ↗ | Jun 30, 2025 | 23d |
| Apr 18, 2025 | Quarterly ↗ | Mar 31, 2025 | 18d |
| Feb 14, 2025 | Annual ↗ | Dec 31, 2024 | 45d |
| Oct 18, 2024 | Quarterly ↗ | Sep 30, 2024 | 18d |
| Jul 22, 2024 | Quarterly ↗ | Jun 30, 2024 | 22d |
| Apr 19, 2024 | Quarterly ↗ | Mar 31, 2024 | 19d |
| Feb 16, 2024 | Annual ↗ | Dec 31, 2023 | 47d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 22, 2026 | Results ↗ |
| Jul 22, 2026 | Results ↗ |
| Jun 11, 2026 | Material agreement · Agreement ended · New obligation ↗ |
| May 21, 2026 | Regulation FD ↗ |
| Apr 28, 2026 | Charter or bylaws · Shareholder vote · Other events ↗ |
| Apr 17, 2026 | Results ↗ |
| Jan 28, 2026 | Results ↗ |
| Dec 11, 2025 | Director or officer change ↗ |
| Oct 21, 2025 | Results ↗ |
| Jul 22, 2025 | Results ↗ |
| Apr 29, 2025 | Shareholder vote · Other events ↗ |
| Apr 17, 2025 | Results ↗ |