Badger Meter Inc
NYSE:BMI

Watchlist Manager
Badger Meter Inc Logo
Badger Meter Inc
NYSE:BMI
Watchlist
Price: 180.14 USD 1.31% Market Closed
Market Cap: 5.3B USD

Badger Meter Inc
Investor Relations

Nestled in the vibrant milieu of Milwaukee, Wisconsin, Badger Meter Inc. embodies over a century of innovation and resilience. Founded in 1905, the company has evolved into a well-respected leader in flow measurement and control technologies. At its core, Badger Meter specializes in manufacturing products that measure and manage the flow of a variety of liquids, gases, and steam for residential, industrial, and commercial sectors. The company’s product portfolio boasts precision instruments like water meters and high-tech analytic solutions, which are essential in today’s climate-conscious world. By leveraging the power of the Internet of Things (IoT) and advanced data analytics, Badger Meter is not just a passive observer in fluid measurement but a proactive participant, constantly innovating to provide accurate data that empowers users to make intelligent decisions regarding resource management.

Badger Meter's revenue engine hums through its diverse array of offerings, ranging from products to comprehensive systems and services. The firm primarily monetizes its operations by selling these cutting-edge measuring devices and system solutions, often tailored to meet specific client needs. Additionally, Badger Meter derives income from its sophisticated software solutions that provide value-added services, including data hosting and network-as-a-service models. These digital platforms facilitate real-time data access and analytics, enabling clients to streamline operations, mitigate losses, and enhance their sustainability footprints. As utility companies and industrial entities alike strive for operational excellence and efficiency, Badger Meter Inc.'s ability to provide reliable measurement and data management solutions positions it as an integral player in its markets.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 21, 2025
AI Summary
Q3 2025

Sales Growth: Badger Meter reported Q3 2025 sales of $236 million, up 13% year-over-year, with base sales growing 8% and strong performance in utility water products and software.

Margins Increased: Gross margin expanded to 40.7%, up 50 basis points, and operating margins grew to 19.6%. The company raised its normalized gross margin range to 39%–42%.

Strong Cash Flow: Record free cash flow of $48.2 million, up around $6 million from last year, driven by lower cash taxes and improved operations.

SmartCover Integration: SmartCover acquisition drove significant top-line growth and is on track to be EPS accretive in year two, with above-average incremental margins.

Consistent Outlook: Management remains confident in high single-digit average annual organic growth over the next five years, despite seasonal Q4 effects and ongoing macro and tariff uncertainties.

Dividend Raised: The dividend was increased for the 33rd consecutive year, reflecting strong financial flexibility.

Pricing Actions: Targeted price increases helped offset higher tariff and material costs, with management expecting price and cost to reach parity moving forward.

Key Financials
Revenue
$236 million
Base Sales Growth
8%
Utility Water Product Line Sales
up 14% year-over-year
Operating Earnings
$46.1 million
Operating Margin
19.6%
Gross Margin
40.7%
SG&A Expenses
$49.8 million
Income Tax Provision
26.1%
EPS
$1.19
Primary Working Capital as % of Sales
22%
Free Cash Flow
$48.2 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Kenneth C. Bockhorst
Chairman, President & CEO
No Bio Available
Mr. Robert A. Wrocklage CPA
Senior VP & CFO
No Bio Available
Mr. Richard Htwe
Vice President of Global Operations
No Bio Available
Ms. Kimberly K. Stoll
Vice President of Sales & Marketing
No Bio Available
Ms. Sheryl L. Hopkins
Vice President of Human Resources
No Bio Available
Ms. Karen Bauer
VP of Investor Relations, Corporate Strategy & Treasurer
No Bio Available
Mr. William R. A. Bergum
VP, General Counsel & Secretary
No Bio Available
Mr. Daniel R. Weltzien
VP & Controller
No Bio Available

Contacts

Address
WISCONSIN
Milwaukee
4545 W Brown Deer Rd
Contacts
+14143715702.0
www.badgermeter.com