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Ticker
BMI

Price
159.19
Stock movement up
+2.14 (1.37%)
Company name
Badger Meter Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Technology >
Scientific & Technical Instruments
Market cap
4.67B
Ent value
4.70B
Price/Sales
5.09
Price/Book
6.54
Div yield
1.01%
Div growth
16.15%
Growth years
28
FCF payout
25.65%
Trailing P/E
32.95
Forward P/E
28.46
PEG
2.21
EPS growth
23.19%
1 year return (CAGR)
-24.69%
3 year return (CAGR)
9.65%
5 year return (CAGR)
8.54%
10 year return (CAGR)
17.17%
Last updated: 2026-02-24

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.60
Dividend yield1.01%
Payout frequencyQuarterly
Maximum yield1.11%
Average yield0.75%
Minimum yield0.54%
Discount to avg yield25.43%
Upside potential34.10%
Yield as % of max yield91.21%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield1.01%
Current yield distribution3.17%
Yield at 100% (Min)0.54%
Yield at 90%0.59%
Yield at 80%0.64%
Yield at 50% (Median)0.75%
Yield at 20%0.86%
Yield at 10%0.93%
Yield at 0% (Max)1.11%

Dividend per share

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Dividend per share data
Years of growth28 years
CCC statusDividend Champion
Dividend per share1.60
Payout frequencyQuarterly
Ex-div date21 Nov 2025
EPS (TTM)4.79
EPS (1y forward)5.56
EPS growth (5y)23.19%
EPS growth (5y forward)14.90%

Dividend growth

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Dividend growth data
BMIS&P500
DGR MR17.65%-13.74%
DGR TTM28.70%6.60%
DGR 3 years20.30%7.31%
DGR 5 years16.15%4.69%
DGR 10 years14.27%6.30%
DGR 15 years12.29%8.16%
Time since last change announced201 days
EPS growth (5y)23.19%
EPS growth (5y forward)14.90%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM30.73%25.65%
Average--
Forward28.76%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E32.95
Price to OCF25.40
Price to FCF27.50
Price to EBITDA21.64
EV to EBITDA21.80

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales5.09
Price to Book6.54
EV to Sales5.13

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FINANCIALS

Per share

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Per share data
Current share count29.47M
EPS (TTM)4.79
FCF per share (TTM)5.74

Income statement

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Income statement data
Revenue (TTM)916.66M
Gross profit (TTM)382.07M
Operating income (TTM)183.42M
Net income (TTM)141.63M
EPS (TTM)4.79
EPS (1y forward)5.56

Margins

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Margins data
Gross margin (TTM)41.68%
Operating margin (TTM)20.01%
Profit margin (TTM)15.45%

Balance Sheet

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Balance Sheet data
Cash226.02M
Net receivables112.36M
Total current assets507.08M
Goodwill235.57M
Intangible assets118.50M
Property, plant and equipment0.00
Total assets973.58M
Accounts payable72.30M
Short/Current long term debt0.00
Total current liabilities150.72M
Total liabilities260.28M
Shareholder's equity713.29M
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)183.70M
Capital expenditures (TTM)14.03M
Free cash flow (TTM)169.67M
Dividends paid (TTM)43.53M

Financial returns

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Financial returns data
Return on Equity19.86%
Return on Assets14.55%
Return on Invested Capital19.86%
Cash Return on Invested Capital23.79%

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STOCK INFORMATION

Stock chart

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Stock price data
Open157.73
Daily high159.84
Daily low157.58
Daily Volume190K
All-time high254.17
1y analyst estimate178.00
Beta0.88
EPS (TTM)4.79
Dividend per share1.60
Ex-div date21 Nov 2025
Next earnings date16 Apr 2026

Downside potential

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Downside potential data
BMIS&P500
Current price drop from All-time high-37.37%-1.82%
Highest price drop-68.30%-56.47%
Date of highest drop27 Oct 20089 Mar 2009
Avg drop from high-20.36%-10.84%
Avg time to new high24 days12 days
Max time to new high1753 days1805 days

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COMPANY DETAILS
BMI (Badger Meter Inc) company logo
Marketcap
4.67B
Marketcap category
Mid-cap
Description
Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. It offers Utility water smart metering solutions and software technologies and services to municipal water utilities market. 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, 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 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, commercial, and industrial industries; and provides training, project management, technical support, and other collaborative services for customers. It sells its products and software directly, as well as through resellers and representatives. The company was incorporated in 1905 and is based in Milwaukee, Wisconsin.
Employees
2210
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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