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NYSE · Scientific & Technical Instruments · USD

Badger Meter, Inc. (BMI) Stock Analysis

Badger Meter, Inc. (BMI) is a Scientific & Technical Instruments stock listed on NYSE and quoted in US Dollar.

BMI

$132.49

−$3.53 (−2.60%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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BMI Key Statistics

As of Sep 4, 2026
Trading
Open
$135.13
Previous Close
$136.02
Day's Range
132.07–136.44
52-Week Range
112.09–204.00
Volume
243.10K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.64
Valuation
Market Cap
$3.84B
P/E Ratio
31.85
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
26.61
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
3.15
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
4.36
EPS (ttm)Profit attributable to each share over the last twelve months.
4.16
Financials (FY)
Revenue (FY)
$916.66M+10.90%
Net Income (FY)
$141.63M+13.36%
Profit marginThe share of revenue left as profit after all costs and taxes.
14.27%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
28.99M
1-Year Return
−27.10%
Dividend and dates
Dividend
$1.76+1.33%
Ex-Dividend Date
August 28, 2026
Earnings Date
October 21, 2026
Avg Volume
452.23K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

BMI Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−23.59%
2025−17.15%
2024+38.28%
2023+42.58%
2022+3.23%
2021+14.11%
2020+46.37%
2019+33.46%
2018+4.09%
2017+30.91%
2016 (partial year)+5.78%

As of September 4, 2026.

BMI Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$916.66M$141.63M15.5%
2024$826.56M$124.94M15.1%
2023$703.59M$92.60M13.2%
2022$565.57M$66.50M11.8%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$916.66M$382.07M$183.42M$141.63M15.5%
2024$826.56M$329.18M$157.94M$124.94M15.1%
2023$703.59M$276.44M$118.05M$92.60M13.2%
2022$565.57M$219.97M$87.30M$66.50M11.8%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

BMI Dividend History

$1.48+21.3% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.802—
2025$1.484+21.3%
2024$1.224+23.2%
2023$0.994+16.5%
YearDividends per sharePaymentsChange
2026 (partial year)$0.802—
2025$1.484+21.3%
2024$1.224+23.2%
2023$0.994+16.5%
2022$0.854+11.8%
2021$0.764+8.6%
2020$0.704+9.4%
2019$0.644+14.3%
2018$0.564+14.3%
2017$0.494+326.1%
2016$0.121—

Most recent payment: $0.40 per share, ex-dividend May 22, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

BMI Valuation vs Scientific & Technical Instruments Median

Median of 35 stocks
MetricBMIScientific & Technical Instruments medianvs median
P/E31.8539.1519% below
P/S ratio4.365.2417% below
Profit margin14.27%2.42%11.8 pts above

Medians across 35 Scientific & Technical Instruments stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Badger Meter, Inc. (BMI) carries a market capitalisation of $3.84B. The company sits in the Technology sector, in the Scientific & Technical Instruments industry. Headcount on file is 2,477.

Over the past 52 weeks the price has ranged from $112.09 to $204.00. The most recent close on file for BMI is $132.49, dated September 4, 2026. That is −$3.53 (−2.60%) against the previous close. The latest close sits 18.2% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $916.66M. Against the prior fiscal year total of $826.56M, that is a change of +10.90%. Net income for the same year was $141.63M. That is +13.36% against the prior fiscal year. Profit margin runs at 14.27%. That is 11.8 percentage points above the Scientific & Technical Instruments median of 2.42%. Earnings per share on a trailing basis come to 4.16.

Across the 4 fiscal years on file, revenue moves from $565.57M in 2022 to $916.66M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 31.85 times earnings. That is 18.65% below the Scientific & Technical Instruments median of 39.15. The forward P/E on file is 26.61. The PEG ratio, which sets the P/E against expected earnings growth, reads 3.15. The price-to-sales ratio is 4.36. On price-to-sales that is 16.87% below the Scientific & Technical Instruments median of 5.24. The medians here are taken across 35 Scientific & Technical Instruments companies that report the metric.

The trailing one-year price return is −27.10%. Across 10 years the annualized return works out at +15.88%. Beta against the wider market is reported at 0.64. Annualized volatility over the trailing 10 years is 34.26%.

Growth & Income

Shareholders receive a dividend, yielding 1.33% on the latest price. That is 0.8 percentage points above the Scientific & Technical Instruments median yield of 0.53%. At the indicated rate that is $1.76 a share a year. The ex-dividend date on file is August 28, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $0.80 a share. The year before, 2025, totalled $1.48 a share.

The strongest complete calendar year on file is 2020 at +46.37%; the weakest is 2025 at −17.15%. Of the 9 complete calendar years on file, 8 finished higher. 2026 is still running; the price is −23.59% year to date.

Peer Comparison

Badger Meter, Inc. (BMI) operates in the Scientific & Technical Instruments industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Badger Meter, Inc. BMI $3.84B 31.9
Keysight Technologies, Inc. KEYS $55.71B 43.7
Coherent Corp. COHR $55.20B 64.1
Garmin Ltd. GRMN $53.43B 28.6

The Scientific & Technical Instruments industry average P/E ratio is 39.1x. Badger Meter, Inc. trades at a P/E of 31.9.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Badger Meter, Inc.

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. The company offers Utility water smart metering solutions and software technologies and services to municipal water utility market. It also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids, including water, air, steam, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. In addition, the company offers ORION Cellular endpoints to power network as a service; ORION mobile read endpoints support for deploying AMR solution; radio products; hardware, instruments, and sensors, and related software, to enhance connected data to a water utility's operation; water quality monitoring solutions, including optical sensing and electrochemical instruments; and high frequency pressure and leak detection sensors to aid in burst pipe and leak events; as well as BEACON, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water user to view and manage their water usage activity. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. The company serves water utilities, commercial, and industrial industries; and provides training, project management, technical support, and other collaborative services for customers. It sells its products and software to employees, resellers, and representatives. The company was incorporated in 1905 and is based in Milwaukee, Wisconsin.

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