Badger Meter Inc (BMI) stock
BMINYSETotalizing Fluid Meters & Counting DevicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 23, 2026Score 25/3021% below fair value
$153.59−5.12 (-3.23%)
Close on Nov 12, 2026Market cap $4.39BP/E 32.1Yield 0.96%
Badger Meter statistics
106 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Jan 27, 2027 (estimated, before the open)
- Last ex-dividend date
- Aug 28, 2026
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 12, 2026
Valuation ratiosIndustry
- P/TBV Ratio
- 22.99
- 4.85
- P/OCF Ratio
- 23.88
- 22.12
Enterprise valuationIndustry
- EV / Sales
- 4.71
- 2.70
- EV / EBIT
- 23.55
- 24.04
- EV / FCF
- 25.46
- 27.78
Share statisticsIndustry
- Shares Change (YoY)
- 0.12%
- 3.22%
- Float
- 28M
- 37M
- Shares Held by Insiders
- 0.68%
- 10.5%
- Shares Held by Institutions
- 114.5%
- 60.2%
Short sellingIndustry
- Short Interest
- 4M
- –
- Short Interest Change
- -13.9%
- -2.57%
- Short % of Float
- 13.5%
- 5.12%
- Short % of Shares Outstanding
- 13.4%
- 3.98%
- Days to Cover
- 6.03
- 3.94
Stock price statisticsIndustry
- 52-Week High
- $187.05
- –
- 52-Week Low
- $112.09
- –
- 20-Day Moving Average
- $149.26
- –
- 50-Day Moving Average
- $136.82
- –
- 200-Day Moving Average
- $138.15
- –
- Average True Range (14)
- $7.04
- –
- Price Change (1 Week)
- -3.74%
- 1.87%
- Price Change (1 Month)
- 19.6%
- -0.57%
- Price Change (3 Months)
- 17.4%
- -7.91%
- Price Change (6 Months)
- 30.7%
- -0.90%
- Price Change (YTD)
- -11.9%
- -0.87%
- Price Change (1 Year)
- -17.2%
- -1.18%
- Price Change (3 Years)
- 6.20%
- 6.56%
- Price Change (5 Years)
- 40.4%
- -49.8%
- Price Change (10 Years)
- 330.2%
- 72.9%
- Average Volume (10 Days)
- 557,984
- –
- Average Volume (20 Days)
- 605,847
- –
- Average Volume (90 Days)
- 453,995
- –
- Relative Volume
- 0.88
- 0.82
- Relative Strength Index (14)
- 56.4
- 47.7
- Volatility (1 Year)
- 48.8%
- 64.2%
- Beta (5 Years)
- 0.82
- 1.04
MarginsIndustry
- Pretax Margin
- 20.6%
- -2.55%
- EBITDA Margin
- 20.0%
- -2.82%
- FCF Margin
- 18.5%
- 0.40%
Returns on capitalIndustry
- Return on Equity (ROE)
- 21.8%
- -17.1%
- Return on Assets (ROA)
- 15.0%
- -12.2%
- Return on Invested Capital (ROIC)
- 23.6%
- -3.22%
- Return on Capital Employed (ROCE)
- 23.1%
- -8.13%
Financial positionIndustry
- Current Ratio
- 2.48
- 2.45
- Quick Ratio
- 1.21
- 1.53
GrowthIndustry
- Revenue Growth (YoY)
- 10.9%
- 9.24%
- Net Income Growth (YoY)
- 13.4%
- 13.4%
- EPS Growth (YoY)
- 13.2%
- 15.1%
- FCF Growth (YoY)
- 19.3%
- 7.64%
- Revenue Growth (3Y CAGR)
- 17.5%
- 7.08%
- Revenue Growth (5Y CAGR)
- 16.6%
- 11.8%
- EPS Growth (3Y CAGR)
- 28.5%
- 3.11%
- EPS Growth (5Y CAGR)
- 23.2%
- 7.64%
EfficiencyIndustry
- Asset Turnover
- 0.97
- 0.59
- Inventory Turnover
- 3.21
- 2.20
- Revenue Per Employee
- $370.07K
- $330.60K
- Profits Per Employee
- $57.18K
- -$41.39K
- Employee Count
- 2,477
- 186
- WACC
- 9.07%
- 9.79%
Income statement (TTM)Industry
- Pretax Income
- $188.66M
- -$1.69M
Balance sheetIndustry
- Net Cash (Debt)
- $67.93M
- $3.73M
- Net Cash Per Share
- $2.38
- $0.24
- Equity (Book Value)
- $651.13M
- $63.44M
- Book Value Per Share
- $22.80
- $3.26
- Tangible Book Value
- $190.81M
- $11.04M
- Working Capital
- $219.60M
- $56.85M
Cash flow (TTM)Industry
- Capital Expenditures
- -$14.03M
- -$3.69M
- FCF Per Share
- $5.94
- -$0.01
Dividends and yieldsIndustry
- Earnings Yield
- 3.23%
- -4.70%
- FCF Yield
- 3.87%
- 0.24%
- Dividend Yield
- 0.96%
- 0.80%
- Buyback Yield
- 0.34%
- 0.79%
- Shareholder Yield
- 1.31%
- 1.05%
- Dividend Per Share
- $1.48
- $0.72
- Dividend Growth (YoY)
- 21.3%
- 4.88%
- Years of Dividend Growth
- 14
- 0
- Payout Ratio
- 30.7%
- 24.3%
- FCF Payout Ratio
- 25.7%
- 22.0%
Taxes and interestIndustry
- Income Tax
- $47.02M
- $1.63M
- Effective Tax Rate
- 24.9%
- 18.3%
Scores and fair valueIndustry
- Graham Number
- $49.57
- $38.11
- Graham Upside
- -67.7%
- -56.6%
- Altman Z-Score
- 11.93
- 2.44
- Piotroski F-Score
- 5
- 5
- Lynch Fair Value
- $110.96
- –
- Lynch Upside
- -27.8%
- -45.1%
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 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 | +16.0% | -2.7% | +18.7 pts | ||
| 3 months | +14.3% | -1.7% | +16.1 pts | ||
| Year to date | -11.1% | +11.9% | −23.0 pts | ||
| 1 year | -16.4% | +12.0% | −28.4 pts | ||
| 3 years | +10.6% | +78.2% | −67.5 pts | +3.4% | +21.2% |
| 5 years | +46.2% | +73.2% | −27.0 pts | +7.9% | +11.6% |
| 10 years | +372.6% | +309.6% | +63.0 pts | +16.8% | +15.1% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
4M BMI shares were sold short on Oct 30, 2026, down 13.9% from the previous report, or 13.53% of the shares available to trade. At recent volumes it would take 6.0 days to buy them back. Over the last 20 sessions, 63.5% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 3,838,368 | -13.9% | 636,656 | 6.0 |
| Oct 15, 2026 | 4,456,519 | -2.6% | 403,774 | 11.0 |
| Sep 30, 2026 | 4,577,363 | +19.9% | 434,728 | 10.5 |
| Sep 15, 2026 | 3,818,128 | -14.2% | 306,936 | 12.4 |
| Aug 31, 2026 | 4,451,641 | +5.6% | 291,109 | 15.3 |
| Aug 14, 2026 | 4,215,027 | +2.3% | 323,803 | 13.0 |
| Jul 31, 2026 | 4,121,432 | +7.6% | 699,786 | 5.9 |
| Jul 15, 2026 | 3,830,454 | -14.9% | 365,249 | 10.5 |
| Jun 30, 2026 | 4,500,761 | +4.5% | 608,228 | 7.4 |
| Jun 15, 2026 | 4,306,314 | +5.3% | 410,011 | 10.5 |
| May 29, 2026 | 4,089,214 | -0.7% | 498,541 | 8.2 |
| May 15, 2026 | 4,119,964 | +10.9% | 521,463 | 7.9 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
See a number that looks wrong?