BADGER METER INC (BMI)
Information Technology · Water metering and management systems · NYSE
A century-old water metering and management technology specialist that equips utilities and industries with smart flow measurement, leak detection, water quality sensing, and analytics software to optimize water distribution and reduce waste.
What BADGER METER INC does
Badger Meter is a leading provider of water management solutions, serving utilities and industrial customers with flow measurement hardware, water quality monitoring, leak detection, and software analytics. With over a century of innovation, the company offers integrated systems combining smart meters, sensors, communication technology (ORION radio endpoints), and software platforms to enable utilities and commercial customers to manage water efficiently and detect leaks across water distribution and collection systems.
Themes: ["Water utilities / smart metering","Leak detection and water loss management","Water quality monitoring","IoT / remote telemetry","Industrial flow instrumentation","Water infrastructure digitalization","Sustainability / water management"]
Fundamentals
- Price$144.97 as of 2026-07-09 close
- Market cap$4.2B as of 2026-07-10
- 1-year return-39.6% as of 2026-07-09 close
- P/E32.44 as of 2026-07-10
- Net margin+14.6% as of 2026-07-10
- Gross margin+41.4% as of 2026-07-10
- ROE+18.8% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+5.2% as of 2026-07-10
- Revenue CAGR (3y)+17.5% SEC XBRL
- Beta0.64 as of 2026-07-10
Dividend: yield +1.1%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Revenue growth dependent on utility capital expenditure budgets and regulatory environments that may constrain water utility spending","Competition and pricing pressure from larger diversified industrial companies and specialized meter manufacturers in both utility and commercial markets","Foreign exchange exposure from international operations affecting revenue and profitability; inventory and supply chain disruptions impacting margins"]
Competitors & peers
- Xylem Inc. (XYL)
- Sensus (Xylem subsidiary, not separately traded)
- Itron Inc. (ITRI)
- Mueller Water Products (MWA)
- Pentair (PNR)
- Watts Water Technologies (WTS)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.