Badger Meter Inc

Badger Meter maintains a robust capital structure characterized by zero short-term debt and a debt-to-equity ratio of 0.0, supported by a current ratio of 3.0. The company generated $29.5 million in free cash flow during Q1 2026, indicating strong liquidity despite the risk assessment flagging dilution as medium. The absence of debt provides financial flexibility, while the high current ratio suggests ample working capital to meet short-term obligations.

Profitability metrics demonstrate strong returns, with a return on equity of 20.51% and a return on assets of 14.59%. The company reported a net income of $27.3 million on revenue of $202.3 million, resulting in a healthy net margin. These returns exceed typical industry benchmarks for hardware-intensive software plays, reflecting the company's ability to leverage its application software and instrumentation offerings effectively.

This is the first analysis for Badger Meter Inc (BMI), meaning there is no prior basis for computing material changes or deltas in the company's profile. Consequently, no specific shifts in operational metrics, financial performance, or strategic direction can be asserted based on the available data. The company currently maintains a shareholder base comprising 30 top holders, indicating a distributed ownership structure. However, there are no recorded analyst counts, officer counts, or index memberships listed in the current profile, limiting the scope of external validation or governance insights available at this stage. Market attention for BMI has been minimal over the recent 30-day period. Dispatch activity was virtually non-existent, with only a single dispatch recorded on June 28, 2026, and zero activity on all other days through mid-July 2026. This lack of volume suggests a period of low news flow or market engagement. With no watcher signals, cross-source signals, or saga narratives present, the current landscape for Badger Meter is defined by its baseline status rather than dynamic events. Investors should note that the absence of reported changes does not imply stability or volatility, but rather a lack of tracked data points to evaluate recent developments.

Badger Meter generated $169.7 million in free cash flow for FY2025, demonstrating strong cash generation capabilities.

Badger Meter maintains a low leverage band with a 3.36 current ratio, indicating strong liquidity and low financial risk.

Analysts assign a mean price target of $160.51, implying 13.9% upside from the current market price of $140.90.

The one-year revenue CAGR stands at -73.1%, indicating a severe contraction in sales volume over the period.

The company faces medium dilution risk, which could negatively impact existing shareholder value and earnings per share.

Ownership is highly dispersed with the top five holders controlling only 10% of shares, potentially reducing governance oversight.

The one-year net income CAGR is -69.3%, suggesting significant volatility or decline in profitability trends.

Revenue $202.3M; Operating income $35.2M.

• ▍Revenue $202.3M
• ▍Operating income $35.2M
• ▍Net margin 13.5%

Revenue $696.0M; Operating income $140.4M.

• ▍Revenue $696.0M
• ▍Operating income $140.4M
• ▍Net margin 15.5%

Revenue $222.2M.

• ▍Revenue $222.2M

Revenue $916.7M; Operating income $183.4M.

• ▍Revenue $916.7M
• ▍Operating income $183.4M
• ▍Net margin 15.5%

Revenue $235.7M; Net margin 14.9%.

• ▍Revenue $235.7M
• ▍Net margin 14.9%

Revenue $238.1M; Net margin 14.5%.

• ▍Revenue $238.1M
• ▍Net margin 14.5%

Revenue $222.2M; Net margin 17.3%.

• ▍Revenue $222.2M
• ▍Net margin 17.3%

Revenue $826.6M; Operating income $157.9M.

• ▍Revenue $826.6M
• ▍Operating income $157.9M
• ▍Net margin 15.1%