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%
Market cap
$4.4B
P/E
35.1×
Fwd P/E
33.0×
Dividend yield
1.07%
F-score
5/9
Altman Z
14.75
Beneish M
−2.21
Dividend safety
96/100

Badger Meter, Inc. (BMI) Revenue growth

Alert me on Revenue growth

Badger Meter, Inc.'s revenue growth over the twelve months to 30 September 2026 was −2.21%, down 13.1 percentage points from fiscal 2025 (10.9%). Over the past ten years it has ranged from −2.10% (fiscal 2019) to 24.4% (fiscal 2023); the current reading is higher than 64% of that period. That is below the Scientific & Technical Instruments industry median of 9.26% and below the Technology sector median of 11.8%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 10.9% (6.58)
FY2024 17.5% (6.92)
FY2023 24.4% 12.45
FY2022 12.0% (6.77)
FY2021 18.7% 18.50
FY2020 0.22% 2.32
FY2019 −2.10% (9.88)
FY2018 7.78% 5.58
FY2017 2.20% (2.05)
FY2016 4.25% 0.71

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 0.12% 6.75
Jun 2026 −6.63% 2.34
Mar 2026 −8.97% (16.54)
Dec 2025 7.57% (5.49)
43 more quarters

Against its own ten years

Low −2.10% High 24.4%
Ten-year median 7.78%
Current reading's percentile 64

Revenue growth against peers

Company Revenue growth
ESE ESCO Technologies Inc. compare 34.3%
CGNX Cognex Corporation compare 17.2%
MKSI MKS Inc. compare 16.3%
NOVT Novanta Inc. compare 7.61%
TRMB Trimble Inc. compare 5.80%
ST Sensata Technologies Holding N.V. compare 4.12%
VNT Vontier Corporation compare 0.88%
BMI Badger Meter, Inc. −2.21%
ITRI Itron, Inc. compare −3.63%
Scientific & Technical Instruments industry median 9.26%
Technology sector median 11.8%
Market median 7.40%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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