Badger Meter Inc (BMI) stock
Close on Nov 11, 2026Market cap $4.53BP/E 33.1Yield 0.93%
Badger Meter Inc grew revenue 10.9% to $916.66M over fiscal 2025. Operating income rose 16.1% to $183.42M, moving the operating margin from 19.1% to 20.0%. Free cash flow was $169.67M, up 19.3% from a year earlier. At the latest close the market valued the company at $4.53B, 33.1 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over fiscal 2025, balances at Sep 30, 2026
Valuation
- Market cap
- $4.53B
- P/E ratio
- 33.1
- Price to sales
- 4.95
- Price to book
- 6.96
- Dividend yield
- 0.93%
- Free cash flow yield
- 3.74%
Fundamentals
- Revenue
- $916.66M
- Net income
- $141.63M
- EPS, diluted
- $4.79
- Free cash flow
- $169.67M
- Book value per share
- $22.55
- Diluted shares
- 29M
Trading
- Next earnings
- Jan 27, 2027 (estimated, before the open)
- Previous close
- $157.58
- Open
- $156.85
- Day's range
- $154.26 – $159.06
- Volume
- 353,950
- Average volume (20 days)
- 607,225
- Index membership
- S&P SmallCap 600, Russell 2000, Russell 3000
- Beta (5 years)
- 0.83
- 52-week range
- $112.09 – $188.09
- RSI (14 days)
- 62.5
- Volatility (1 year)
- 48.7%
- Relative volume
- 0.78×
- WACC
- 9.0%
On 4 of our idea lists: Quality compounders, Quality on sale, Top scores, Dividend growers
Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2010, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | BMI | S&P 500 | Difference | BMI per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +20.8% | -2.4% | +23.2 pts | ||
| 3 months | +17.3% | -1.2% | +18.5 pts | ||
| Year to date | -8.2% | +12.3% | −20.5 pts | ||
| 1 year | -13.5% | +12.4% | −25.9 pts | ||
| 3 years | +14.3% | +78.8% | −64.5 pts | +4.6% | +21.4% |
| 5 years | +50.5% | +75.2% | −24.7 pts | +8.5% | +11.9% |
| 10 years | +388.4% | +311.1% | +77.3 pts | +17.2% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Badger Meter filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- Results
- Results
- Results
About Badger Meter
Totalizing Fluid Meters & Counting Devices
Badger Meter, Inc. provides flow measurement, water quality monitoring, control, and communication solutions. The company operates through two main product lines: Utility Water and Flow Instrumentation. Offerings encompass water meters, radio communication endpoints, acoustic leak and pressure sensors, sewer overflow monitors, valves, and cloud-based analytics software. In addition, the business delivers technical support, project management, and training services. Its customer base consists of municipal water utilities, commercial clients, and industrial enterprises across sectors such as wastewater treatment, building automation, and HVAC.
Company profile, executives and historyBadger Meter stock: common questions
What is Badger Meter's stock price?
BMI closed at $158.71 on Nov 11, 2026, up 0.72% on the day. Over the past 52 weeks it traded between $112.09 and $188.09.
What is Badger Meter's market cap?
Badger Meter was worth $4.53B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is BMI's P/E ratio?
BMI trades at 33.1 times earnings, based on diluted earnings per share of $4.79 over fiscal 2025.
How much revenue does Badger Meter make?
Badger Meter reported revenue of $916.66M for fiscal 2025, up 10.9% from a year earlier.
Does Badger Meter pay a dividend?
Yes. Badger Meter paid $1.48 per share over the last twelve months, a yield of 0.93% at the latest price, and has raised its annual dividend 14 years in a row.
When does Badger Meter report earnings next?
Badger Meter is expected to report Q4 FY2026 results on Jan 27, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has BMI stock performed over the past year?
Including dividends, BMI returned -13.5% over the past year, against +12.4% for the S&P 500.
How many BMI shares are sold short?
4M shares were sold short at the latest FINRA report, 13.53% of the float, or 6.0 days of average trading volume.
Who are Badger Meter's competitors?
Companies most similar to Badger Meter by business, industry and size include ITRI, VNT, CGNX, ALNT, COHU.
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