Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
BMI
HOLDFLAGBadger Meter, Inc. · Technology · United States · $3.6B · Avg Vol: $62M/d
Badger Meter is an exceptional quality business (Q-score 75) with a strong moat in smart water metering and flow instrumentation. It is a prime beneficiary of municipal infrastructure upgrades and localization, but its very low momentum (M-score 13) suggests waiting for a better entry point.
COMPANY DESCRIPTION
Badger Meter, Inc. manufactures and markets products that measure and control the flow of liquids, primarily water meters and related flow instrumentation, including smart water solutions. It is a leading global provider in flow measurement technologies, especially for water utilities, benefiting from proprietary technology and strong brand recognition. This focused niche player is at the forefront of the digital transformation of water management and utility infrastructure.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 566M | 704M | 827M | 917M | 17.5% |
| EPS | 2.28 | 3.16 | 4.26 | 4.82 | 28.3% |
| Shares | 37M | 37M | 37M | 37M | 0.0% |
| Debt | 161M | 200M | 210M | 260M | 17.5% |
| Equity | 442M | 516M | 606M | 713M | 17.3% |
| Op CF | 82M | 110M | 155M | 184M | 30.6% |
| Inv CF | -6M | -29M | -16M | -198M | — |
| Fin CF | -25M | -28M | -35M | -58M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of BMI are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| BMI | Badger Meter, Inc.(you) | $3.6B | 51 | HOLD |
| ITRI | Itron, Inc. | $3.7B | 66 | BUY |
| VNT | Vontier Corporation | $4.1B | 72 | BUY |
| NOVT | Novanta Inc. | $5.7B | 68 | BUY |
| TRMB | Trimble Inc. | $12.8B | 48 | HOLD |
| VPG | Vishay Precision Group, Inc. | $1.7B | 64 | HOLD |
| ESE | ESCO Technologies Inc. | $7.9B | 75 | BUY |
| FTV | Fortive Corporation | $18.0B | 67 | BUY |
| ST | Sensata Technologies Holding plc | $7.3B | 87 | STRONG BUY |
| CGNX | Cognex Corporation | $11.0B | 85 | STRONG BUY |
Peer medians: ROE 9.0% · P/E 40.0x · Gross margin 54.7%