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Badger Meter BMI · USD

Information Technology · US listing · 🇺🇸 United States

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159.18

+0.63%

Close of 9 Nov 2026, in USD

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About Badger Meter

From its filings with the US Securities and Exchange Commission

SEC filings

Badger Meter is based in Milwaukee, Wisconsin and is incorporated in Wisconsin. Its shares trade on NYSE under the ticker BMI. The SEC classifies its business as totalizing fluid meters & counting devices. In the fiscal year to 31 December 2025, it reported revenue of $916.7m and net income of $141.6m. At that date it held total assets of $973.6m and shareholders' equity of $713.3m. By region, United States accounted for 90.1%, followed by Europe at 4.8% and Canada at 1.7%.

In its own words

Badger Meter, Inc. (the Company) is a leading innovator, manufacturer and marketer of products incorporating flow measurement, quality, control and other system solutions serving markets worldwide. The Company was incorporated in 1905.

With more than a century of water technology innovation, Badger Meter is a global provider of industry leading water management solutions, with approximately 95% of net sales derived from water-related applications. Badger Meter's offerings, marketed as BlueEdge®, represent a suite of tailorable solutions that connect water management technology, software, and support services to deliver insights enabling the proactive management of water across the water cycle. These tailorable solutions encompass measurement and control hardware, connectivity and communication, data visualization and software-delivered actionable insights as well as ongoing support and expertise essential to optimize customers' operations and contribute to the sustainable use and protection of the world’s most precious resource.

The Company’s broad range of communication solutions include the ORION® branded family of radio endpoints, along with remote telemetry units providing customers with a choice of industry-leading options for communicating data from hardware into use-specific software applications.

Quoted from its 10-K, filed 17 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Listed since
17 Mar 1980
Employees
2,477
Head office
4545 WEST BROWN DEER ROAD, MILWAUKEE, WI, 53223
Incorporated in
WI
Classification
Totalizing Fluid Meters & Counting Devices
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Kenneth BockhorstChairman of the Board, President, Chief Executive Officer, since 2017$5.1m
  • Mr. Robert WrocklageSenior Vice President, Chief Financial Officer$1.8m
  • Mr. Richard HtweVice President - Global Operations$819,903
  • Mr. William BergumVice President, General Counsel and Secretary$659,085
  • Mr. Daniel WeltzienVice President, Controller$124,055
  • Ms. Karen BauerVice President - Investor Relations, Corporate Strategy and Treasurer$615,800
  • Ms. Kimberly StollVice President - Sales and Marketing$832,717
  • Ms. Sheryl HopkinsVice President of Human Resources$924,824
  • Mr. Fred BegaleVice President - Engineering$354,414
  • Mr. Matthew StuyvenbergVice President - SaaS, Global Commercial and International Utility
  • Mr. Glen TellockLead Independent Director$164,964
  • Mr. Todd AdamsIndependent Director$154,964

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
56
Environment
76
Social
57
Governance
34
Direct emissions (scope 1)
2,431.4 t
Energy emissions (scope 2)
7,473.1 t
Women in the workforce
40%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

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.

Sources and methodology

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