B

    Badger Meter Inc (BMI)

    Official site

    TECHNOLOGY • SCIENTIFIC & TECHNICAL INSTRUMENTS • NYSE

    $130.57
    -2.43 (-1.83%)

    Market Cap: $3.86B

    Last updated: Sep 24, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    73%(29/40)
    Avg Surprise
    +3.99%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.22
    Range$1.16 - $1.30
    7 analysts
    EPS RevisionsNo revisions (7d)
    0
    6
    30d
    EPS Estimate Drift
    90d ago$1.30+6.2%
    60d ago$1.29+5.6%
    30d ago$1.21-1.0%
    7d ago$1.22+0.0%
    Current$1.22
    Revenue Consensus
    $241M
    Range$231M - $249M
    7 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.05
    Range$0.90 - $1.39
    8 analysts
    Revenue Consensus
    $219M
    Range$183M - $236M
    8 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.05---
    Sep 26EST
    		-$1.22---
    Jun 26
    Reported Jul 22
    		$1.02$1.01+0.99%Beat-12.8%
    Mar 26
    Reported Apr 17
    		$0.93$1.22-23.77%Miss-28.5%
    Dec 25
    Reported Jan 28
    		$1.14$1.16-1.72%Miss+9.6%
    Sep 25
    Reported Oct 21
    		$1.19$1.14+4.39%Beat+10.2%
    Jun 25
    Reported Jul 22
    		$1.17$1.25-6.40%Miss+4.5%
    Mar 25
    Reported Apr 17
    		$1.30$1.05+23.81%Beat+31.3%
    Dec 24
    Reported Jan 31
    		$1.04$1.07-2.80%Miss+23.8%
    Sep 24
    Reported Oct 17
    		$1.08$1.11-2.70%Miss+22.7%
    Jun 24
    Reported Jul 19
    		$1.12$0.97+15.46%Beat+47.4%
    Mar 24
    Reported Apr 18
    		$0.99$0.82+20.73%Beat+50.0%
    Dec 23
    Reported Jan 26
    		$0.84$0.82+2.44%Beat+40.0%
    Sep 23
    Reported Oct 19
    		$0.88$0.81+8.64%Beat+44.3%
    Jun 23
    Reported Jul 20
    		$0.76$0.65+16.92%Beat+33.3%
    Mar 23
    Reported Apr 20
    		$0.66$0.55+20.00%Beat+34.7%
    Dec 22
    Reported Jan 27
    		$0.60$0.60+0.00%Beat+1.7%
    Sep 22
    Reported Oct 19
    		$0.61$0.57+7.02%Beat+13.0%
    Jun 22
    Reported Jul 20
    		$0.57$0.52+9.62%Beat+18.7%
    Mar 22
    Reported Apr 19
    		$0.49$0.51-3.92%Miss+4.3%
    Dec 21
    Reported Jan 28
    		$0.59$0.46+28.26%Beat+31.1%
    Sep 21
    Reported Oct 15
    		$0.54$0.50+8.00%Beat+5.9%
    Jun 21
    Reported Jul 20
    		$0.48$0.46+4.35%Beat+45.5%
    Mar 21
    Reported Apr 20
    		$0.47$0.43+9.30%Beat+14.6%
    Dec 20
    Reported Jan 29
    		$0.45$0.43+4.65%Beat+7.1%
    Sep 20
    Reported Oct 16
    		$0.51$0.38+34.21%Beat+15.9%
    Jun 20
    Reported Jul 16
    		$0.33$0.33+0.00%Beat-15.4%
    Mar 20
    Reported Apr 16
    		$0.41$0.37+10.81%Beat+10.8%
    Dec 19
    Reported Feb 5
    		$0.42$0.42+0.00%Beat+5.0%
    Sep 19
    Reported Oct 17
    		$0.44$0.43+2.33%Beat-4.3%
    Jun 19
    Reported Jul 18
    		$0.39$0.44-11.36%Miss-7.1%
    Mar 19
    Reported Apr 17
    		$0.37$0.36+2.78%Beat+42.3%
    Dec 18
    Reported Feb 5
    		$0.40$0.36+11.11%Beat+60.0%
    Sep 18
    Reported Oct 17
    		$0.46$0.41+12.20%Beat+70.4%
    Jun 18
    Reported Jul 18
    		$0.42$0.39+7.69%Beat+16.7%
    Mar 18
    Reported Apr 17
    		$0.26$0.36-27.78%Miss-13.3%
    Dec 17
    Reported Feb 5
    		$0.25$0.24+4.17%Beat+19.0%
    Sep 17
    Reported Oct 16
    		$0.27$0.35-22.86%Miss-10.0%
    Jun 17
    Reported Jul 20
    		$0.36$0.35+2.86%Beat-
    Mar 17
    Reported Apr 19
    		$0.30$0.26+15.38%Beat-
    Dec 16
    Reported Feb 6
    		$0.21$0.25-16.00%Miss-
    Sep 16
    Reported Oct 17
    		$0.30$0.33-9.09%Miss-

    Dividends

    Dividend Metrics

    Yield1.35%
    Annual/Share$1.76
    Payout Ratio28.57%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+20.30%
    5Y CAGR+16.15%
    View BMI's full dividend history

    Key Metrics

    Valuation
    P/E Ratio30.51EV/EBITDA18.47x
    Price/FCF25.23xFCF Yield3.96%
    Profitability
    Profit Margin14.30%Operating Margin17.70%
    ROE18.50%ROICN/A
    Financial Health
    Debt/EquityN/AInterest Coverage-37.62x
    Current Ratio2.42xQuick Ratio1.39x
    Trading Statistics
    Beta0.64Avg Volume359.31K
    52-Week High$201.6752-Week Low$111.36

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$129.37
    SMA 20$130.87
    SMA 50$133.03
    SMA 200$143.80
    EMA 10$130.58
    EMA 20$130.81
    EMA 50$132.33
    EMA 200$145.00

    MACD

    Line: -0.62Signal: -1.15Hist: 0.52

    ADX

    ADX: 14.6+DI: 21.9-DI: 21.1

    Aroon & PSAR

    Aroon Up20.0
    Aroon Down60.0
    PSAR$124.36

    Bollinger Bands

    Upper Band$138.47
    Lower Band$123.26
    %B Position1162%(Upper)
    Band Width0.48

    RSI (14-Day)

    Neutral
    48.7

    Momentum Oscillators

    Stoch %K65.7
    Stoch %D66.8
    Williams %R-43.7
    ROC (10d)4.4%
    Momentum5.56
    CCI (20d)-3.0
    MFI (14d)56.1

    Volatility Measures

    ATR (14d)$4.11(3.2%)
    StdDev (20d)3.80
    Hist Vol28.3%(Moderate)

    Volume Flow

    VWAP$130.99
    OBV-12.8M
    AD Line-47.0M
    CMF (20d)-0.109

    Volume Metrics

    Avg Vol (20d)366.4K
    Vol Ratio1.6x(High)
    VWMA (20d)$130.80

    Pivot Points

    R3$136.64
    R2$135.46
    R1$134.23
    Pivot Point$133.06
    S1$131.83
    S2$130.65
    S3$129.42

    Advanced Oscillators

    TSI-4.38
    Ultimate Osc47.1
    KST-24.43

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$222.32M$202.28M$220.71M$235.65M$238.09M$222.21M$205.18M$208.44M$216.66M$196.28M$182.44M$186.19M
    Cost of Revenue$131.55M$117.95M$127.72M$139.81M$140.28M$126.77M$122.42M$124.56M$131.29M$119.10M$110.97M$113.47M
    Gross Profit$90.77M$84.33M$92.99M$95.84M$97.81M$95.44M$82.76M$83.88M$85.37M$77.18M$71.47M$72.72M
    Operating Expenses$51.37M$49.16M$49.91M$49.72M$52.95M$45.98M$43.59M$43.26M$43.86M$40.60M$39.48M$41.30M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$51.40M$49.16M$49.94M$49.75M$52.95M$46.01M$43.54M$43.26M$43.86M$40.60M$39.39M$41.30M
    Operating Income$39.38M$35.17M$43.05M$46.08M$44.86M$49.42M$39.22M$40.62M$41.51M$36.58M$32.08M$31.42M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$-319,000$-1,138,000$-1,565,000$-1,330,000$-895,000$-1,334,000$-2,924,000$-2,301,000$-1,862,000$-1,526,000$-1,398,000$-1,200,000
    Income Before Tax$39.72M$36.34M$44.64M$47.44M$45.79M$50.79M$42.13M$42.91M$43.36M$38.09M$33.44M$32.59M
    Income Tax Expense$10.00M$9.00M$11.07M$12.37M$11.20M$12.39M$11.42M$10.87M$10.31M$8.96M$8.72M$6.62M
    Net Income$29.72M$27.34M$33.58M$35.08M$34.58M$38.40M$30.72M$32.04M$33.06M$29.13M$24.72M$25.97M
    EBITDA$49.23M$44.25M$51.85M$54.79M$53.69M$57.71M$47.29M$48.63M$49.59M$44.58M$39.27M$38.46M
    EBIT$39.38M$35.20M$43.05M$46.08M$44.89M$49.42M$39.22M$40.61M$41.50M$36.57M$32.08M$31.39M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $20405
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    1
    New Awards (TTM)
    1
    Avg Remaining Term
    4.9 mo

    Top agency: Department of Health and Human Services at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    75H71226P00038Department of Health and Human ServicesIndian Health Service$20405Mar 4, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Badger Meter stock falls 1.06 percent as Q2 revenue declines

    Badger Meter's stock declined by 1.06 percent following a 6.6 percent drop in Q2 2026 revenue, despite beating EPS consensus by $0.01. The company's Q2 revenue was $220.30 million, down from the previous year, with quarterly EPS at $1.02. The stock is currently trading significantly below its 52-week high, and the company is reportedly under a fiduciary duty probe.

    AD HOC NEWS•9/24/26•
    Somewhat-Bearish

    Badger Meter stock holds as investors await fresh results

    Badger Meter stock (BMI, US0559211000) closed at a dated Nasdaq price on September 22, 2026, with investors now looking towards upcoming results for the next key financial update. The article emphasizes that the latest reported quarterly revenue, earnings per share, and profitability metrics are crucial for assessing the stock's valuation, as these provide the most current operating comparison. The next explicitly scheduled reporting date will allow the market to compare recent trends with the company's subsequent operating update, providing a measurable framework without speculative ratings.

    AD HOC NEWS•9/22/26•
    Neutral

    BADGER METER, INC. (NYSE: BMI) SHAREHOLDER INVESTIGATION

    Bernstein Liebhard LLP has announced an investigation into potential breaches of fiduciary duty by directors and officers of Badger Meter, Inc. (NYSE: BMI). The firm is looking into whether the company's leadership fulfilled its obligations to shareholders, particularly those who purchased shares before April 18, 2024. Shareholders are encouraged to contact Bernstein Liebhard LLP for more information regarding their legal rights.

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    Frequently Asked Questions About BMI

    What is BMI's current dividend yield?
    Badger Meter Inc (BMI) has a current dividend yield of 1.35%.
    Does BMI pay dividends?
    Yes, Badger Meter Inc pays dividends with a current yield of 1.35%.
    What is BMI's P/E ratio?
    Badger Meter Inc has a price-to-earnings (P/E) ratio of 30.51.
    What is BMI's market cap?
    Badger Meter Inc (BMI) has a market capitalization of $3.86B with a current stock price of $130.57.

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