Badger Meter (BMI) Stock Price

Badger Meter Price

NYSE·CLOSED
139.79USD+2.15 (+1.55 %)
Market closed

Over the last 19 years Badger Meter grew revenue by 7.6% annually, reaching 916.66 M USD. Earnings per share have grown at 16.6% per year over the last 19 years. For Badger Meter, the net margin of 15.5% is up versus 12.1% a few years ago. At today's price the dividend yield works out to roughly 1.06%. The payout ratio is around 31% of earnings. The dividend has grown at 7.3% per year over the past 19 years. The consensus 12-month price target for Badger Meter is 180.14 USD, about 28.9% above where the stock trades today. Of 17 analysts, 10 rate the stock a buy — an overall Buy consensus. The stock trades about 23% above its 52-week low.

Badger Meter stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Badger Meter over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Badger Meter stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Badger Meter's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Badger Meter Stock Price History
DateBadger Meter Price
8/5/2026139.79 USD
8/4/2026137.64 USD
8/3/2026136.95 USD
7/31/2026134.35 USD
7/30/2026130.39 USD
7/29/2026132.37 USD
7/27/2026129.25 USD
7/23/2026123.20 USD
7/22/2026126.67 USD
7/21/2026145.87 USD
7/20/2026148.30 USD
7/17/2026149.48 USD
7/16/2026151.16 USD
7/15/2026144.18 USD
7/14/2026141.46 USD
7/13/2026141.66 USD
7/10/2026144.18 USD
7/9/2026144.97 USD
7/8/2026144.71 USD
7/7/2026147.08 USD
7/6/2026148.50 USD
7/2/2026145.87 USD
7/1/2026146.23 USD
6/30/2026148.38 USD
6/29/2026138.49 USD
6/26/2026140.88 USD
6/25/2026140.90 USD
6/24/2026133.58 USD
6/23/2026127.81 USD
6/22/2026132.96 USD
6/18/2026133.97 USD
6/17/2026135.43 USD
6/16/2026136.12 USD
6/15/2026132.54 USD
6/12/2026133.14 USD
6/11/2026127.58 USD
6/10/2026130.54 USD
6/9/2026130.53 USD
6/8/2026130.34 USD
6/5/2026128.04 USD
6/4/2026128.03 USD
6/3/2026126.95 USD
6/2/2026123.61 USD
6/1/2026121.84 USD
5/29/2026125.57 USD
5/28/2026125.84 USD
5/27/2026125.76 USD
5/26/2026128.67 USD
5/22/2026122.68 USD
5/21/2026118.95 USD
5/20/2026117.22 USD
5/19/2026119.16 USD
5/18/2026118.96 USD
5/15/2026114.23 USD
5/14/2026117.54 USD
5/13/2026116.07 USD
5/12/2026115.04 USD
5/11/2026116.67 USD
5/8/2026118.52 USD
5/7/2026122.56 USD
5/6/2026123.75 USD
5/5/2026121.09 USD
5/4/2026120.03 USD
5/1/2026121.98 USD
4/30/2026120.91 USD
4/29/2026117.86 USD
4/28/2026118.42 USD
4/27/2026122.96 USD
4/24/2026121.83 USD
4/23/2026123.00 USD
4/22/2026123.56 USD
4/21/2026120.89 USD
4/20/2026113.41 USD
4/17/2026115.54 USD
4/16/2026152.29 USD
4/15/2026157.02 USD
4/14/2026161.35 USD
4/13/2026161.00 USD
4/10/2026155.23 USD
4/9/2026155.41 USD
4/8/2026154.27 USD
4/7/2026151.93 USD
4/6/2026155.42 USD
4/2/2026156.73 USD
4/1/2026154.21 USD
3/31/2026152.35 USD
3/30/2026148.10 USD
3/27/2026145.81 USD
3/26/2026151.18 USD
3/25/2026153.37 USD
3/24/2026150.64 USD
3/23/2026153.83 USD
3/20/2026147.94 USD
3/19/2026148.41 USD
3/18/2026147.89 USD
3/17/2026150.00 USD
3/16/2026151.86 USD
3/13/2026146.59 USD
3/12/2026144.30 USD
3/11/2026146.84 USD
3/10/2026147.20 USD
3/9/2026149.54 USD
3/6/2026148.85 USD
3/5/2026146.00 USD
3/4/2026149.11 USD
3/3/2026148.76 USD
3/2/2026152.20 USD
2/27/2026152.43 USD
2/26/2026156.17 USD
2/25/2026155.79 USD
2/24/2026158.34 USD
2/23/2026156.20 USD
2/20/2026159.37 USD
2/19/2026161.89 USD
2/18/2026158.20 USD
2/17/2026159.19 USD
2/13/2026154.88 USD
2/12/2026158.41 USD
2/11/2026156.92 USD
2/10/2026153.05 USD
2/9/2026150.58 USD
2/6/2026151.23 USD
2/5/2026145.88 USD
2/4/2026146.31 USD
2/3/2026147.43 USD
2/2/2026151.83 USD
1/30/2026146.58 USD
1/29/2026144.42 USD
1/28/2026146.32 USD
1/27/2026164.41 USD
1/26/2026173.60 USD
1/23/2026169.52 USD
1/22/2026172.13 USD
1/21/2026170.14 USD
1/20/2026165.76 USD
1/16/2026171.68 USD
1/15/2026170.56 USD
1/14/2026171.00 USD
1/13/2026171.80 USD
1/12/2026171.63 USD
1/9/2026174.61 USD
1/8/2026174.10 USD
1/7/2026166.69 USD
1/6/2026181.83 USD
1/5/2026177.03 USD
1/2/2026176.39 USD
12/31/2025174.41 USD
12/30/2025178.23 USD
12/29/2025179.74 USD
12/26/2025180.75 USD
12/24/2025182.55 USD
12/23/2025181.26 USD
12/22/2025183.14 USD
12/19/2025181.64 USD
12/18/2025182.66 USD
12/17/2025180.87 USD
12/16/2025184.04 USD
12/15/2025183.53 USD
12/12/2025184.80 USD
12/11/2025182.37 USD
12/10/2025177.44 USD
12/9/2025176.00 USD
12/8/2025177.38 USD
12/5/2025180.14 USD
12/4/2025177.81 USD
12/3/2025178.30 USD
12/2/2025174.59 USD
12/1/2025173.29 USD
11/28/2025178.54 USD
11/26/2025176.91 USD
11/25/2025182.60 USD
11/24/2025177.82 USD
11/21/2025177.46 USD
11/20/2025168.16 USD
11/19/2025169.05 USD
11/18/2025172.04 USD
11/17/2025174.59 USD
11/14/2025175.90 USD
11/13/2025177.80 USD
11/12/2025185.82 USD
11/11/2025185.51 USD
11/10/2025187.50 USD
11/7/2025187.87 USD
11/6/2025186.74 USD
11/5/2025186.19 USD
11/4/2025183.08 USD
11/3/2025181.93 USD
10/31/2025180.45 USD
10/30/2025181.13 USD
10/29/2025183.00 USD
10/28/2025185.50 USD
10/27/2025183.17 USD
10/24/2025187.29 USD
10/23/2025186.62 USD
10/22/2025182.60 USD
10/21/2025177.35 USD
10/20/2025187.41 USD
10/17/2025179.94 USD
10/16/2025177.89 USD
10/15/2025180.24 USD
10/14/2025178.98 USD
10/13/2025177.22 USD
10/10/2025172.92 USD
10/9/2025173.62 USD
10/8/2025179.23 USD
10/7/2025178.86 USD
10/6/2025180.94 USD
10/3/2025181.01 USD
10/2/2025179.75 USD
10/1/2025176.67 USD
9/30/2025178.58 USD
9/29/2025177.03 USD
9/26/2025176.39 USD
9/25/2025174.96 USD
9/24/2025172.32 USD
9/23/2025175.43 USD
9/22/2025177.23 USD
9/19/2025177.08 USD
9/18/2025178.34 USD
9/17/2025172.67 USD
9/16/2025177.25 USD
9/15/2025179.76 USD
9/12/2025177.80 USD
9/11/2025181.29 USD
9/10/2025177.48 USD
9/9/2025179.44 USD
9/8/2025182.71 USD
9/5/2025182.83 USD
9/4/2025183.25 USD
9/3/2025181.76 USD
9/2/2025180.95 USD
8/29/2025182.92 USD
8/28/2025186.49 USD
8/27/2025188.40 USD
8/26/2025185.19 USD
8/25/2025185.07 USD
8/22/2025189.29 USD
8/21/2025183.45 USD
8/20/2025187.60 USD
8/19/2025187.66 USD
8/18/2025186.70 USD
8/15/2025186.82 USD
8/14/2025191.08 USD
8/13/2025193.09 USD
8/12/2025192.29 USD
8/11/2025188.87 USD
8/8/2025188.17 USD
8/7/2025188.82 USD
8/6/2025188.15 USD
Access this data via the Eulerpool API

Badger Meter Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
703.59 M USD
118.05 M USD
92.60 M USD
Jan 1, 2024
826.56 M USD
157.94 M USD
124.94 M USD
Jan 1, 2025
916.66 M USD
183.42 M USD
141.63 M USD
Jan 1, 2026 (e)
910.90 M USD
245.53 M USD
130.69 M USD
Jan 1, 2027 (e)
984.18 M USD
265.28 M USD
143.14 M USD
Jan 1, 2028 (e)
1.07 B USD
287.47 M USD
165.59 M USD
Jan 1, 2029 (e)
1.16 B USD
312.95 M USD
186.44 M USD
Jan 1, 2030 (e)
1.26 B USD
339.50 M USD
209.50 M USD

Badger Meter Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 6, 2026, 5:40 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
0.380.390.400.430.420.430.510.570.700.830.920.910.981.071.161.26
3.574.242.297.71-2.080.2418.8211.8824.4217.5010.90-0.668.138.338.918.44
35.8138.1738.5637.4138.4439.5340.5938.7639.2639.8341.7041.7041.7041.7041.7041.70
135.00150.00155.00162.00163.00168.00205.00219.00276.00329.00382.00379.50410.36444.55484.17525.04
42.0050.0055.0056.0062.0065.0078.0087.00118.00157.00183.00245.00265.00287.00312.00339.00
11.1412.7213.6812.9314.6215.2915.4515.4016.7919.0119.9826.9226.9326.9226.8726.93
25.0032.0034.0027.0047.0049.0060.0066.0092.00124.00141.00130.00143.00165.00186.00209.00
-13.7928.006.25-20.5974.074.2622.4510.0039.3934.7813.71-7.8010.0015.3812.7312.37
0.780.750.490.560.640.700.760.850.991.221.481.601.862.16
5.41-5.13-33.7814.2914.299.378.5711.8416.4723.2321.318.1116.2516.13
28.9329.0829.1429.1829.2329.2629.3729.4129.4729.3729.5429.5429.5429.5429.5429.54
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Badger Meter generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Badger Meter retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Badger Meter's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Badger Meter has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Badger Meter's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Badger Meter stock margins

The Badger Meter margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Badger Meter. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Badger Meter.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
40.67 %
15.58 %
12.05 %
Jan 1, 2022
38.89 %
15.43 %
11.76 %
Jan 1, 2023
39.29 %
16.78 %
13.16 %
Jan 1, 2024
39.83 %
19.11 %
15.12 %
Jan 1, 2025
41.68 %
20.01 %
15.45 %
Jan 1, 2026 (e)
41.68 %
26.95 %
14.35 %
Jan 1, 2027 (e)
41.68 %
26.95 %
14.54 %
Jan 1, 2028 (e)
41.68 %
26.95 %
15.53 %

Badger Meter Stock Revenue, EBIT, Earnings per Share

The Badger Meter earnings per share therefore indicates how much revenue Badger Meter has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
17.20 USD
2.68 USD
2.07 USD
Jan 1, 2022
19.23 USD
2.97 USD
2.26 USD
Jan 1, 2023
23.87 USD
4.01 USD
3.14 USD
Jan 1, 2024
28.14 USD
5.38 USD
4.25 USD
Jan 1, 2025
31.03 USD
6.21 USD
4.79 USD
Jan 1, 2026 (e)
30.81 USD
8.31 USD
4.42 USD
Jan 1, 2027 (e)
33.28 USD
8.98 USD
4.84 USD
Jan 1, 2028 (e)
36.07 USD
9.73 USD
5.60 USD

Badger Meter business model & stock analysis

Badger Meter Inc. is an American manufacturer of flow measurement and measurement systems for water supply, wastewater disposal, oil and gas, chemical processing, and food production. The company was founded in 1905 and is headquartered in Milwaukee, Wisconsin.

Badger Meter SWOT Analysis

Strengths

Badger Meter Inc has a strong market position as a leading manufacturer of flow measurement and control products.

The company has a strong focus on technological advancements, allowing it to develop innovative and high-quality products.

Badger Meter offers a wide range of flow meters and related products, catering to various industries and applications.

Weaknesses

Badger Meter relies on a few key customers for a significant portion of its revenue, making it vulnerable to changes in their buying behavior.

The company's operations are primarily focused in the United States, limiting its exposure to international markets and potential growth opportunities.

Badger Meter faces challenges in managing its cost structure due to factors such as raw material prices, labor costs, and regulatory compliance.

Opportunities

With increasing concerns regarding water scarcity and conservation, Badger Meter can capitalize on the growing demand for its water management solutions.

The company has an opportunity to expand its presence in emerging markets with rising industrialization and infrastructure development.

Badger Meter can consider strategic acquisitions to broaden its product portfolio, enter new markets, or enhance its technological capabilities.

Threats

The flow meter industry is highly competitive, with numerous domestic and international players offering similar products and services.

During economic downturns or recessions, investments in infrastructure and industrial projects may decline, potentially impacting Badger Meter's sales.

Changes in regulations, particularly related to environmental standards and water resource management, may require Badger Meter to adapt its products and operations.

Badger Meter Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Badger Meter Employees
Details
Date
Badger Meter Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Badger Meter Segments

Badger Meter Revenue by Segment

  • Max

Software as a Service
Details
Date
Software as a Service
Jan 1, 2025
73.64 M USD

Badger Meter Revenue by Region

  • 3 Years

  • 5 Years

  • Max

United States
Europe
Canada
Asia
Middle East
Other geographical areas
Other Countries
Mexico
Details
Date
United States
Europe
Canada
Asia
Middle East
Other geographical areas
Other Countries
Mexico
Jan 1, 2017
355.77 M USD
15.72 M USD
10.41 M USD
9.13 M USD
4.90 M USD
0.00 USD
2.91 M USD
3.60 M USD
Jan 1, 2018
374.65 M USD
20.15 M USD
11.89 M USD
9.08 M USD
11.32 M USD
3.04 M USD
0.00 USD
3.60 M USD
Jan 1, 2019
369.16 M USD
15.78 M USD
13.57 M USD
9.11 M USD
7.87 M USD
3.34 M USD
0.00 USD
5.79 M USD
Jan 1, 2020
376.43 M USD
18.26 M USD
10.41 M USD
6.44 M USD
6.11 M USD
3.02 M USD
0.00 USD
4.89 M USD
Jan 1, 2021
432.19 M USD
30.36 M USD
11.87 M USD
16.74 M USD
7.18 M USD
1.76 M USD
0.00 USD
5.11 M USD
Jan 1, 2022
491.68 M USD
28.72 M USD
12.77 M USD
15.00 M USD
9.29 M USD
4.19 M USD
0.00 USD
3.93 M USD
Jan 1, 2024
745.19 M USD
37.29 M USD
10.45 M USD
11.24 M USD
16.78 M USD
0.00 USD
1.99 M USD
3.62 M USD
Jan 1, 2025
825.94 M USD
43.92 M USD
15.23 M USD
14.28 M USD
10.99 M USD
0.00 USD
3.62 M USD
2.69 M USD

Badger Meter Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Badger Meter historical P/E ratio, EBIT multiple, and P/S ratio

Badger Meter annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Badger Meter shares outstanding

The number of shares of Badger Meter was 29.54 M in 2025. This indicates how many shares Badger Meter is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
29.37 M Stocks
Jan 1, 2022
29.41 M Stocks
Jan 1, 2023
29.47 M Stocks
Jan 1, 2024
29.37 M Stocks
Jan 1, 2025
29.54 M Stocks
Jan 1, 2026 (e)
29.54 M Stocks
Jan 1, 2027 (e)
29.54 M Stocks
Jan 1, 2028 (e)
29.54 M Stocks

Badger Meter stock splits

In Badger Meter's history, there have been no stock splits.

Badger Meter Dividend History

37 years of dividend payments · 8 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.40USDYTD
Feb 27, 20260.40USD 0.0%1/1
20251.48USD 21.3%
Feb 28, 20250.34USD 0.0%1/4
May 23, 20250.34USD 0.0%2/4
Aug 22, 20250.40USD 17.6%3/4
Nov 21, 20250.40USD 0.0%4/4
20241.22USD 23.2%
20230.99USD 16.5%
20220.85USD 11.8%
20210.76USD 8.6%
20200.70USD 9.4%
20190.64USD 14.3%
20180.56USD 14.3%
20170.49USD 34.2%

Badger Meter dividend history and estimates

In 2025, Badger Meter paid a dividend amounting to 1.48 USD. Dividend means that Badger Meter distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.76 USD
0.00 USD
Jan 1, 2022
0.85 USD
0.00 USD
Jan 1, 2023
0.99 USD
0.00 USD
Jan 1, 2024
1.22 USD
0.00 USD
Jan 1, 2025
1.48 USD
0.00 USD
Jan 1, 2026 (e)
0.40 USD
1.20 USD
Jan 1, 2027 (e)
0.00 USD
1.86 USD
Jan 1, 2028 (e)
0.00 USD
2.16 USD

Badger Meter dividend payout ratio

In 2025, Badger Meter had a payout ratio of 30.87%. The payout ratio indicates the percentage of the company's profits that Badger Meter distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
36.66 %
Jan 1, 2022
37.59 %
Jan 1, 2023
31.51 %
Jan 1, 2024
28.68 %
Jan 1, 2025
30.87 %
Jan 1, 2026 (e)
36.20 %
Jan 1, 2027 (e)
38.39 %
Jan 1, 2028 (e)
38.55 %

Current Badger Meter forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
17.86 %
Buy
58.82 % (10)
Hold
35.29 % (6)
Sell
5.88 % (1)
12M Price Target
180.14
Last Price
139.79
Currency
USD
12M Return Potential
28.87 %
LTM Return
0 %

Badger Meter Analyst Rating Actions

DateFirmActionRatingReliability
7/28/2026
Barclays
Barclays
MaintainedUnderweight33
7/23/2026
Stifel
Stifel
MaintainedBuy
7/23/2026
RBC Capital
RBC Capital
MaintainedOutperform52
7/23/2026
JP Morgan
JP Morgan
MaintainedOverweight80
7/23/2026
Baird
Baird
MaintainedOutperform
7/20/2026
Stifel
Stifel
MaintainedBuy
7/13/2026
Barclays
Barclays
MaintainedUnderweight33
4/23/2026
Maxim Group
Maxim Group
DowngradeBuyHold
4/20/2026
Stifel
Stifel
MaintainedBuy
4/20/2026
RBC Capital
RBC Capital
MaintainedOutperform52

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Badger Meter Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/22/20261.03USD-222.41 MUSD-2026 Q2
4/17/20261.25USD-233.35 MUSD-2026 Q1
1/28/20261.18USD-234.36 MUSD-2025 Q4
4/18/20240.82USD-182.71 MUSD-2024 Q1
1/25/20240.83USD-184.10 MUSD-2023 Q4
7/18/20230.65USD-147.99 MUSD-2023 Q2
4/17/20230.58USD-142.01 MUSD-2023 Q1
1/26/20230.62USD-145.74 MUSD-2022 Q4
10/19/20220.58USD-141.49 MUSD-2022 Q3
7/20/20220.52USD-135.10 MUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Badger Meter stock

56/100
76
Environment
57
Social
34
Governance
E

Environment

20
Scope 1 - Direct Emissions2,431.4
Scope 2 - Indirect emissions from purchased energy7,473.1
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions9,904.5
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees40
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Badger Meter shareholder structure

% Name
16.74659%
BLACKROCK, INC.
BLACKROCK, INC.
8.29115%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
5.15724%
STATE STREET CORP
STATE STREET CORP
4.40190%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
3.17500%
GEODE CAPITAL MANAGEMENT, LLC
GEODE CAPITAL MANAGEMENT, LLC
2.90223%
UBS GROUP AG
UBS GROUP AG
...

Badger Meter Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.4%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
17.00%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
16.30%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
11.60%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
11.00%
Impax Asset Management Limited
Impax Asset Management Limited
SEC ↗
11.00%
Impax Asset Management Group plc
Impax Asset Management Group plc
SEC ↗
11.00%
Impax Asset Management (AIFM) Limited
Impax Asset Management (AIFM) Limited
SEC ↗
9.39%
PowerShares Capital Management, LLC
PowerShares Capital Management, LLC
SEC ↗
8.70%
Mairs and Power, Inc. 41 - 0844499
Mairs and Power, Inc. 41 - 0844499
SEC ↗
8.48%
Vanguard Portfolio Management
Vanguard Portfolio Management
SEC ↗
8.40%
#39-1572323
#39-1572323
SEC ↗

Badger Meter Executives and Management Board

18 members · avg. age 56 · 33 % women

KB

Mr. Kenneth Bockhorst (52)

Chairman of the Board, President, Chief Executive Officer · since 2017

5.08 M USD

Management

RW

Mr. Robert Wrocklage (46)

Senior Vice President, Chief Financial Officer

1.81 M USD
SH

Ms. Sheryl Hopkins (57)

Vice President of Human Resources

924,824.00 USD
KS

Ms. Kimberly Stoll (58)

Vice President - Sales and Marketing

832,717.00 USD
RH

Mr. Richard Htwe (58)

Vice President - Global Operations

819,903.00 USD
WB

Mr. William Bergum (60)

Vice President, General Counsel and Secretary

659,085.00 USD
KB

Ms. Karen Bauer (57)

Vice President - Investor Relations, Corporate Strategy and Treasurer

615,800.00 USD

Board of Directors

GT

Mr. Glen Tellock (64)

Lead Independent Director

164,964.00 USD
XL

Ms. Xia Liu (55)

Independent Director

157,964.00 USD
TA

Mr. Todd Adams (54)

Independent Director

154,964.00 USD
HB

Mr. Henry Brooks (65)

Independent Director

147,964.00 USD
MC

Ms. Melanie Cook (52)

Independent Director

147,964.00 USD
JM

Mr. James McGill (69)

Independent Director

147,964.00 USD

Badger Meter Supply Chain

Badger Meter Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
2 companies
#Nameβ 1YTrend
1
Core & Main A
Customer·Trading Companies & Distributors·US
0.02
0.78
0.20
0.51
2
AT&T
Supplier·Customer·Diversified Telecommunication Services·US
-0.64
-0.16
0.79
0.61
0.53
-0.23
0.31

Frequently asked questions about Badger Meter

Badger Meter Inc. operates with a business model focused on the manufacturing and marketing of flow measurement and control technologies. As a leading provider in the industry, Badger Meter offers a wide range of precision flow measurement instruments, including water meters, flow sensors, and automatic meter reading solutions. The company's core principle revolves around delivering accurate and reliable fluid measurement solutions to various industries, such as water utilities, municipalities, industrial facilities, and agricultural sectors. Badger Meter Inc. strives to meet customer needs, ensuring efficient resource management and assisting in the conservation of water and other vital resources through its innovative products and services.

Badger Meter Inc is primarily active in the utility industry, specifically water and gas utilities.

Badger Meter Inc faces competition from several companies in the market, including Itron Inc, Mueller Water Products Inc, and Sensus (a Xylem brand). These competitors also provide flow measurement and control technologies for various industries. However, Badger Meter Inc maintains a strong position by offering innovative and reliable solutions that cater to its customers' diverse needs.

Badger Meter Inc is a leading manufacturer of flow measurement and control solutions. Founded in 1905, the company has a rich history of providing innovative and reliable products. Badger Meter initially focused on water meters and gradually expanded its portfolio to include technologies for measuring various fluids and gases. With a commitment to quality and accuracy, Badger Meter has built a strong reputation globally. The company's products are widely used in industries such as water utilities, municipalities, industrial processes, and oil and gas. Badger Meter Inc continues to drive innovation and meet the evolving needs of its customers, ensuring its position as a trusted leader in the flow measurement industry.

Badger Meter Inc has achieved several significant milestones throughout its history. Since its founding in 1905, the company has continually emerged as a leader in the flow measurement and control industry. It pioneered the development of innovative metering technologies and solutions, establishing itself as a trusted provider for water utilities, municipalities, and industrial customers worldwide. Some noteworthy milestones include the introduction of the first water meter with an electronic register and the launch of the Advanced Metering Analytics (AMA) platform, enabling remote meter reading and data analysis. Badger Meter Inc's commitment to innovation and quality has propelled its growth and solidified its reputation as a premier provider in the market.

Badger Meter Inc is primarily present in the United States.

Badger Meter Inc represents a set of core values and a corporate philosophy that focuses on innovation, reliability, and customer satisfaction. The company is committed to providing high-quality flow measurement and control solutions to various industries. Badger Meter Inc prides itself on its dedication to research and development, continuous improvement, and technological advancement. The company's customer-centric approach ensures that its products meet the needs of its clients effectively. With a focus on accuracy, precision, and dependability, Badger Meter Inc strives to be a trusted partner for its customers by offering superior products and exceptional service.

Analysts currently set an average price target of 184.44 USD for the Badger Meter stock (median: 180.14 USD), implying +31.9 % versus the latest price. The consensus is based on 17 analyst ratings.

17 analysts currently rate the Badger Meter stock: 10 recommend buying, 6 holding and 1 selling. For 2026, analysts expect Badger Meter to generate revenue of 910.90 M USD and earnings per share of 4.42 USD.

Converted at the current exchange rate, the Badger Meter share trades at 121.01 EUR (139.79 USD).

The Badger Meter share (BMI) is listed on 4 stock exchanges, including: NYSE (BMI), Frankfurt (33B.F), München (33B.MU), SIX (Zürich) (33B.SW).

Badger Meter Inc. is a globally active company specializing in the measurement and control of flows of liquids and gases. Its business model is designed to offer flow measurement solutions to customers in various industries, including water and wastewater management, industrial manufacturing, oil and gas, food and beverage production, and pharmaceuticals. Badger Meter offers a wide range of products and solutions, including water meters, gas meters, dosing and measuring systems, flow sensors and modules, data analysis systems, as well as software and hardware for remote monitoring. The company is divided into three main business segments: 1. Measurement Analytics: Badger Meter provides powerful and accurate flow measurement devices and systems to help customers optimize their processes and operations in various industries. The company also offers solutions for system monitoring and data analysis to optimize operational and maintenance processes. 2. Water: Badger Meter is a global leader in advanced water meters, pipeline solutions, and monitoring systems. The company has a wide range of products, including electromagnetic water meters, ultrasonic meters, and differential pressure flow meters. 3. Flow Instrumentation: Badger Meter also offers flow meters and sensors for measuring air and gas media, as well as solutions for measuring and monitoring material flows in industrial manufacturing processes. The company also has an extensive range of dosing and injection systems that can be used for controlled dosing of liquids in various industrial applications, including oil and gas. Badger Meter also partners with other companies in the industry to strengthen its presence in various markets. The company works closely with industry leaders such as IBM and NEC to develop solutions for data monitoring and analysis, helping customers in the water and wastewater management sector to modernize and improve their infrastructure. Badger Meter's business model is focused on achieving growth through the provision of innovative products and solutions that meet the specific requirements and needs of its customers. The company is committed to developing new technologies through targeted investments in research and development, further enhancing its leadership position in the industry. Overall, Badger Meter is a leading company in the measurement and control technology industry, offering a wide range of products and solutions to help customers optimize their processes and operations in various industries. Through its constant innovation and strong partnerships, the company is well positioned to continue its success in the future.

The expected revenue of Badger Meter is 910.90 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Badger Meter is 130.69 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Badger Meter is currently 31.60. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Badger Meter stock.

The price-to-sales ratio (P/S) of Badger Meter is currently 4.53. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Badger Meter stock.

The Eulerpool Quality Score for Badger Meter is 8/10.

The ISIN of Badger Meter is US0565251081. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Badger Meter is 863871. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Badger Meter is BMI. The ticker symbol is used to trade Badger Meter shares on the stock exchange.

Over the past 12 months, Badger Meter paid a dividend of 1.48 USD . This corresponds to a dividend yield of about 1.06 %. For the coming 12 months, Badger Meter is expected to pay a dividend of 1.86 USD.

The current dividend yield of Badger Meter is 1.06 %.

Badger Meter pays a dividend, distributed in the months of , , , .

Badger Meter paid dividends every year for the past 36 years.

For the upcoming 12 months, dividends amounting to 1.86 USD are expected. This corresponds to a dividend yield of 1.38 %.

Badger Meter is assigned to the 'Information technology' sector.

To receive the latest dividend of Badger Meter from amounting to 0.4 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Badger Meter distributed 1.22 USD as dividends.

The dividends of Badger Meter are distributed in USD.

All fundamentals and in-depth analysis of Badger Meter

Our stock analysis for Badger Meter stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Badger Meter. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.