Ticker
BMI

Price
157.86
Stock movement down
-1.27 (-0.80%)
Company name
Badger Meter Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Technology >
Scientific & Technical Instruments
Market cap
4.62B
Ent value
4.65B
Price/Sales
8.18
Price/Book
10.45
Div yield
0.68%
Div growth
12.07%
Growth years
28
FCF payout
32.97%
Trailing P/E
69.54
Forward P/E
56.78
PEG
4.67
EPS growth
13.77%
1 year return
32.57%
3 year return
17.13%
5 year return
23.17%
10 year return
18.78%
Last updated: 2024-04-08

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.08
Dividend yield0.68%
Payout frequencyQuarterly
Maximum yield1.58%
Average yield0.90%
Minimum yield0.54%
Discount to avg yield-31.50%
Upside potential-23.95%
Yield as % of max yield43.27%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield0.68%
Current yield distribution89.44%
Yield at 100% (Min)0.54%
Yield at 90%0.68%
Yield at 80%0.73%
Yield at 50% (Median)0.82%
Yield at 20%1.12%
Yield at 10%1.18%
Yield at 0% (Max)1.58%

Dividend per share

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Dividend per share data
Years of growth28 years
CCC statusDividend Champion
Dividend per share1.08
Payout frequencyQuarterly
Ex-div date22 Feb 2024
EPS (TTM)2.26
EPS (1y forward)2.78
EPS growth (5y)13.77%
EPS growth (5y forward)14.90%

Dividend growth

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Dividend growth data
BMIS&P500
DGR MR20.00%-16.32%
DGR TTM18.29%4.05%
DGR 3 years12.25%5.24%
DGR 5 years12.07%5.40%
DGR 10 years10.96%7.07%
DGR 15 years11.25%6.12%
Time since last change announced250 days
EPS growth (5y)13.77%
EPS growth (5y forward)14.90%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM37.42%32.97%
Average--
Forward38.85%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E69.54
Price to OCF56.08
Price to FCF61.28
Price to EBITDA43.33
EV to EBITDA43.54

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales8.18
Price to Book10.45
EV to Sales8.22

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FINANCIALS

Per share

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Per share data
Current share count29.29M
EPS (TTM)2.26
FCF per share (TTM)2.57

Income statement

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Income statement data
Revenue (TTM)565.57M
Gross profit (TTM)219.97M
Operating income (TTM)87.26M
Net income (TTM)66.50M
EPS (TTM)2.26
EPS (1y forward)2.78

Margins

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Margins data
Gross margin (TTM)38.89%
Operating margin (TTM)15.43%
Profit margin (TTM)11.76%

Balance Sheet

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Balance Sheet data
Cash138.05M
Net receivables76.65M
Total current assets347.83M
Goodwill101.26M
Intangible assets53.61M
Property, plant and equipment220.94M
Total assets603.05M
Accounts payable71.44M
Short/Current long term debt0.00
Total current liabilities110.31M
Total liabilities160.63M
Shareholder's equity442.42M
Net tangible assets287.55M

Cash flow

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Cash flow data
Operating cash flow (TTM)82.45M
Capital expenditures (TTM)5.89M
Free cash flow (TTM)75.46M
Dividends paid (TTM)24.88M

Financial returns

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Financial returns data
Return on Equity15.03%
Return on Assets11.03%
Return on Invested Capital15.03%
Cash Return on Invested Capital17.06%

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STOCK INFORMATION

Stock chart

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Stock price data
Open159.63
Daily high160.60
Daily low157.64
Daily Volume85K
All-time high169.54
1y analyst estimate117.67
Beta0.89
EPS (TTM)2.26
Dividend per share1.08
Ex-div date22 Feb 2024
Next earnings date18 Apr 2024

Downside potential

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Downside potential data
BMIS&P500
Current price drop from All-time high-6.89%-0.85%
Highest price drop-68.30%-56.47%
Date of highest drop27 Oct 20089 Mar 2009
Avg drop from high-20.72%-11.35%
Avg time to new high25 days13 days
Max time to new high1753 days1805 days

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COMPANY DETAILS
BMI (Badger Meter Inc) company logo
Marketcap
4.62B
Marketcap category
Mid-cap
Description
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.
Employees
1976
SEC filings
CEO
Kenneth Bockhorst
Country
USA
City
Milwaukee
Stock type
Common stock
CCC status
Dividend Champion
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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