Wednesday 4 November 2026
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Badger Meter, Inc.
BMI Technology Scientific & Technical Instruments
Badger Meter, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $916.7 million, up 10.9% from fiscal 2024.
- Revenue
- +0.12%
- EPS
- +5.04%
- Free cash flow
- −16.4%
Quarter to September 2026, against a year earlier
166.07
13.49
+8.84%
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| Older periods | Dec '25 | Mar '26 | Jun '26 | Sep '26 | |
|---|---|---|---|---|---|
P/E ratio |
+8 more quarters Free account |
36.18 | 34.24 | 34.59 | 28.40 |
P/S ratio |
5.59 | 4.96 | 4.89 | 4.03 | |
P/FCF ratio |
30.22 | 26.32 | 28.67 | 24.94 | |
P/Operating CF |
93.56 | 131.32 | 161.31 | 82.08 | |
P/B ratio |
7.19 | 6.45 | 6.31 | 5.45 | |
Price to Tangible BV |
14.27 | 13.04 | 19.79 | 18.61 | |
EV/Sales |
5.35 | 4.73 | 4.78 | 3.95 | |
EV/EBITDA |
22.48 | 20.76 | 21.05 | 17.14 | |
EV/Operating CF |
26.68 | 23.00 | 25.27 | 21.96 | |
EV/FCF |
28.89 | 25.11 | 28.03 | 24.47 | |
Quick Ratio |
2.25 | 1.86 | 1.26 | 1.21 | |
Current Ratio |
3.36 | 3.00 | 2.42 | 2.48 | |
Net Debt/EBITDA |
(4.36) | (4.65) | (1.94) | (1.17) | |
Debt/Assets |
0.00% | 0.00% | 0.00% | 0.00% | |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.00 | |
Asset Turnover |
1.02 | 0.96 | 0.91 | 0.92 | |
Operating CF/Net income |
1.63 | 1.24 | 0.90 | 1.21 | |
Capex/Depreciation |
(0.46) | (0.49) | (0.49) | (0.29) | |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | |
Selling, General and Administrative Expense of Revenue |
22.63% | 24.30% | 23.12% | 21.66% | |
Intangible Assets out of Total Assets |
0.36 | 0.36 | 0.47 | 0.49 | |
Share Based Compensation of Revenue |
1.24% | 1.07% | 1.43% | 1.05% | |
Graham Net Nets |
0.05 | 0.05 | 0.02 | 0.02 | |
Graham Number |
51.30 | 48.64 | 47.64 | 47.08 | |
Earnings Yield |
2.76% | 2.92% | 2.89% | 3.52% | |
Free Cash Flow Yield |
3.31% | 3.80% | 3.49% | 4.01% | |
Revenue per Share |
7.51 | 6.92 | 7.66 | 8.21 | |
Operating CF per Share |
1.86 | 1.16 | 0.92 | 1.51 | |
Capex per Share |
(0.14) | (0.15) | (0.17) | (0.10) | |
Free Cash Flow per Share |
1.73 | 1.01 | 0.75 | 1.40 | |
Cash per Share |
7.69 | 7.03 | 3.30 | 2.36 | |
Shareholders Equity per Share |
24.26 | 23.63 | 23.52 | 22.65 | |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | |
Book value per Share |
24.26 | 23.63 | 23.52 | 22.65 | |
Free Cash Flow |
50.77 | 29.47 | 21.87 | 40.28 | |
Working Capital |
356.36 | 338.88 | 244.33 | 219.60 | |
Capital Expenditures |
(4.03) | (4.43) | (4.84) | (2.99) | |
Net Current Asset Value |
246.79 | 227.92 | 100.92 | 75.38 | |
EV/EBIT |
26.72 | 25.10 | 25.74 | 21.07 | |
Capex to Sales |
0.02 | 0.02 | 0.02 | 0.01 | |
Price to Operating Income |
27.95 | 26.31 | 26.32 | 21.48 | |
| Other line items | |||||
Average Receivables |
98.34 | 111.07 | 119.45 | 113.44 | |
Average Payables |
63.98 | 90.14 | 85.98 | 70.03 | |
Average Inventory |
147.67 | 162.30 | 162.68 | 159.53 | |
Average Assets |
895.00 | 935.20 | 967.29 | 960.96 | |
Average Common Equity |
659.76 | 666.06 | 680.24 | 676.82 |
Columns are period end dates · fundamentals updated 2 Nov 2026