Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. In addition, the company offers ORION Migratable for automatic meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading solution, as well as BEACON advanced metering analytics, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. It also serves water utilities, industrial, and other industries. The company sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was incorporated in 1905 and is headquartered in Milwaukee, Wisconsin.

Badger Meter, Inc.

GMW Associates is a distributor and integrator of sensors and transducers, specializing in magnetic and current measurement technologies. The company primarily serves industries such as particle accelerators, magnetic resonance imaging, power electronics, and security.

GMW Associates

Powerside provides solutions for ensuring power quality in various applications, focusing on measurement, correction, and software solutions related to power systems.

Powerside

Badger Meter Inc is an innovator, manufacturer, and marketer of products incorporating flow measurement, quality, control, and other system solutions serving markets. The company's products measure water, oil, chemicals, and other fluids, and provide and communicate timely measurement data. Badger's product lines include two categories: sales of water meters, radios, software, and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves, software, and other solutions for industrial applications in water, wastewater, and other industries (flow instrumentation). It derives a majority of its revenues from the United States.

Badger Meter provides water metering technology and flow solutions, including products and services for flow measurement and water quality monitoring. The company self-described as an industry leader in this field.

Metric
Company Name	Badger Meter, Inc.	GMW Associates	Powerside
Symbol	BMI
MSH ID	COM:BADGERMETER	COM:GMW	COM:POWERSIDE
Market	STOCKS	PRIVATE	PRIVATE
Sector	Technology	Commercial & Professional Services	Commercial & Professional Services
Industry	Hardware, Equipment & Parts	Technology	Energy
Country	US	US	US
Stage
Employee Count	2.14K
Website	badgermeter.com	gmw.com	powerside.com
LinkedIn		gmw-associates
Founders

Metric
Market Cap	5.54B
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	703.59M
Revenue (LTM)
Revenue (NTM)
Gross Profit	276.44M
EBITDA	146.16M
Operating Income	118.05M
Net Income	92.60M
EPS	3.16
Diluted EPS	3.14
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.40
Operating Profit Margin	0.19
EBITDA Margin	0.21
Net Profit Margin	0.15
Return on Equity	0.21
Return on Assets	0.15
Return on Capital Employed	0.22

COM:BADGERMETER

Badger Meter

Last Close

218.89

22/11 21:00

Market Cap

6.40B

Beta: -

Volume Today

184.49K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	48.15
P/B Ratio	5.74
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	8.60
EV Multiple	42.12

Metric
Days Sales Outstanding	45.60
Days Payables Outstanding
Days Inventory Outstanding	131.31
Operating Cycle	175.62
Cash Conversion Cycle	161.49
Asset Turnover	1.00

Metric
Operating Cash Flow	110.12M
Free Cash Flow	98.11M
Cash Flow to Debt	21.29
Operating Cash Flow/Sales	0.18
Free Cash Flow Yield	0.02

Metric
Cash & Equivalents	191.78M
Accounts Receivable	-6.35M
Inventory	153.67M
Goodwill	113.16M
Debt to Capitalization	0.01
Debt to Assets
Current Ratio	3.35
Quick Ratio	2.87

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.01
R&D to Revenue
SG&A to Revenue	0.23