stockrowBadger 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
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Badger Meter, Inc. (BMI) Free cash flow
Badger Meter, Inc.'s free cash flow for fiscal 2025 was $169.7M, up 19.3% from $142.2M in fiscal 2024. Over the twelve months to 30 September 2026 it was $142.4M. Over the past ten years it has ranged from $16.1M (fiscal 2015) to $169.7M (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 3 consecutive fiscal years. Badger Meter, Inc. ranks 12th of 33 Scientific & Technical Instruments companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $169.7M | 19.31% |
| FY2024 | $142.2M | 44.95% |
| FY2023 | $98.1M | 28.15% |
| FY2022 | $76.6M | (5.21%) |
| FY2021 | $80.8M | 0.30% |
| FY2020 | $80.5M | 9.97% |
| FY2019 | $73.2M | 41.60% |
| FY2018 | $51.7M | 49.09% |
| FY2017 | $34.7M | (23.92%) |
| FY2016 | $45.6M | 183.78% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $40.3M | 84.17% |
| Jun 2026 | $21.9M | (25.77%) |
| Mar 2026 | $29.5M | (41.96%) |
| Dec 2025 | $50.8M | 5.34% |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| TRMB Trimble Inc. compare | $773.1M |
| ST Sensata Technologies Holding N.V. compare | $641.2M |
| MKSI MKS Inc. compare | $458.0M |
| VNT Vontier Corporation compare | $385.1M |
| ITRI Itron, Inc. compare | $367.5M |
| CGNX Cognex Corporation compare | $275.0M |
| ESE ESCO Technologies Inc. compare | $196.6M |
| BMI Badger Meter, Inc. | $142.4M |
| NOVT Novanta Inc. compare | $109.1M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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