BADGER METER INC BMI

Latest FY: 2025 Technology Scientific & Technical Instruments
Market Price $131.15
Market Cap $3.81B
P/E Ratio 27.38
Quick Peer Compare (Technology):
Revenue (FY 2025) ↑10.9% YoY
$916.66M
3-Yr CAGR: 17.5%
Net Income ↑13.4% YoY
$141.63M
Net Margin: 15.5%
Free Cash Flow ↑19.3% YoY
$169.67M
FCF Yield: 4.46%
EPS (Diluted) ↑13.2% YoY
$4.79
Basic: $4.82
Return on Equity Efficiency
19.9%
ROA: 844.6%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (BMI)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $393.8M $150.6M $32.3M $1.11 $56.2M $45.6M
FY 2017 $402.4M +2.2% $155.7M $34.6M +7.0% $1.19 +7.2% $49.8M $34.7M -23.9%
FY 2018 $433.7M +7.8% $162.3M $27.8M -19.6% $0.95 -20.2% $60.4M $51.7M +49.1%
FY 2019 $424.6M -2.1% $163.5M $47.2M +69.8% $1.61 +69.5% $80.7M $73.2M +41.6%
FY 2020 $425.5M +0.2% $168.2M $49.3M +4.6% $1.69 +5.0% $89.6M $80.5M +10.0%
FY 2021 $505.2M +18.7% $205.5M $60.9M +23.4% $2.08 +23.1% $87.5M $80.8M +0.3%
FY 2022 $565.6M +11.9% $220.0M $66.5M +9.2% $2.26 +8.7% $82.5M $76.6M -5.2%
FY 2023 $703.6M +24.4% $276.4M $92.6M +39.3% $3.14 +38.9% $110.1M $98.1M +28.2%
FY 2024 $826.6M +17.5% $329.2M $124.9M +34.9% $4.23 +34.7% $155.0M $142.2M +44.9%
FY 2025 $916.7M +10.9% $382.1M $141.6M +13.4% $4.79 +13.2% $183.7M $169.7M +19.3%
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Valuation

Market Price $131.15
Market Cap $3.81B
Enterprise Value N/A
P/E Ratio 27.38
P/B Ratio 5.37
FCF Yield 4.46%
Dividend Yield N/A
Shares Outstanding 29,185,600
%

Profitability & Margins

Gross Margin 41.68%
Operating Margin 20.01%
Net Margin 15.45%
Return on Equity (ROE) 19.86%
Return on Assets (ROA) 844.57%
Asset Turnover 54.66x
Revenue 3-Yr CAGR 17.46%
🛡️

Financial Health & Liquidity

Current Ratio 0.11
Cash Ratio 0.58
Debt / Equity N/A
Debt / Assets N/A
Cash & Equivalents $87.17M
Total Debt N/A
Book Value / Share $24.44
💧

Cash Flow Efficiency

Operating Cash Flow $183.70M
Capital Expenditures (CapEx) $14.03M
Free Cash Flow $169.67M
OCF / Revenue 20.04%
FCF / Revenue 18.51%
FCF 3-Yr CAGR 30.38%
🏷️

Per Share Metrics

EPS (Diluted) $4.79
EPS (Basic) $4.82
Dividends / Share N/A
Book Value / Share $24.44
EPS YoY Growth 13.24%
🏛️

Balance Sheet (FY 2025)

Total Assets $16.77M
Total Liabilities $150.72M
Stockholders' Equity $713.29M
Current Assets $16.77M
Current Liabilities $150.72M