| Market cap | $3.30B |
|---|---|
| Enterprise value | $5.34B |
| Revenue | $740.771M |
|---|---|
| EBITDA | $158.754M |
| Income | $102.314M |
| Revenue Q/Q | 23.37% |
| Revenue Y/Y | 25.07% |
| P/E | 53.81 |
|---|---|
| Forward P/E | 67.68 |
| EV/Sales | 7.21 |
| EV/EBITDA | 33.63 |
| EV/EBIT | 39.96 |
| PEG | 2.21 |
| Price/Sales | 4.45 |
| P/FCF | 31.95 |
| Price/Book | 6.38 |
| Book/Share | 29.42 |
| Cash/Share | 10.92 |
| FCF yield | 3.13% |
| Volume | 136.819k / 122.900k |
|---|---|
| Relative vol. | 1.11 × |
| EPS | 3.49 |
|---|---|
| EPS Q/Q | 12.96% |
| Est. EPS Q/Q | 3.39% |
| Profit margin | 13.16% |
|---|---|
| Oper. margin | 17.49% |
| Gross margin | 39.29% |
| EBIT margin | 18.03% |
| EBITDA margin | 21.43% |
| Ret. on assets | 14.57% |
|---|---|
| Ret. on equity | 20.26% |
| ROIC | 18.48% |
| ROCE | 21.96% |
| Debt/Equity | 0.39 |
|---|---|
| Net debt/EBITDA | -4.38 |
| Current ratio | 3.48 |
| Quick ratio | 2.30 |
| Volatility | 1.82% |
|---|---|
| Beta | 0.86 |
| RSI | 50.39 |
|---|
| Insider ownership | 0.61% |
|---|---|
| Inst. ownership | 93.64% |
| Shares outst. | 29.394M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 4.58% |
| Short ratio | 7.43 |
| Dividend | $1.08 |
|---|---|
| Dividend yield | 0.58% |
| Payout ratio | 30.95% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 19 Jul 2024 |
Friday, 26 April 2024
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Friday, 19 April 2024
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| Badger Meter Stock Clears Technical Benchmark, Hitting 80-Plus RS Rating | |
Monday, 8 January 2024
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| Badger Meter Schedules Fourth Quarter 2023 Earnings Call | |
Friday, 15 December 2023
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Thursday, 19 October 2023
|
|
| A Water Stock Winner: Badger Meter Stock Up 3% on Earnings Beat | |
| Badger Meter Inc Reports Record Third Quarter 2023 Financial Results | |
Thursday, 28 September 2023
|
|
| Badger Meter Schedules Third Quarter 2023 Earnings Call | |
Monday, 21 August 2023
|
|
| Institutional investors in Badger Meter, Inc. see US$295m decrease in market cap last week, although long-term gains have benefitted them. | |
Friday, 11 August 2023
|
|
| Badger Meter Increases Dividend 20% | |
Sunday, 23 July 2023
|
|
| Badger Meter, Inc. Q2 2023 Earnings Call Transcript | |
Friday, 21 July 2023
|
|
| Water Tech Stock Badger Meter Gained 8% on Strong Q2 Earnings | |
Thursday, 20 July 2023
|
|
| Q2 2023 Badger Meter Inc Earnings Call | |
Wednesday, 28 June 2023
|
|
| Badger Meter Schedules Second Quarter 2023 Earnings Call | |
Thursday, 20 April 2023
|
|
| Water Stock Badger Meter Jumps 11% on Big Earnings and Revenue Beats | |
Monday, 3 April 2023
|
|
| Badger Meter Schedules First Quarter 2023 Earnings Call | |
Monday, 30 January 2023
|
|
| Badger Meter, Inc. Q4 2022 Earnings Call Transcript | |
Saturday, 19 November 2022
|
|
| Returns On Capital At Badger Meter Have Hit The Brakes | |
Friday, 11 November 2022
|
|
| Badger Meter Declares Regular Quarterly Dividend | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Fred J Begale VP-Engineering | Sale 1 Mar 2024 | $33,186 |
| William R A Bergum VP-Gen. Counsel and Secretary | Sale 1 Mar 2024 | $30,953 |
| William R A Bergum VP-Gen. Counsel and Secretary | Option 26 Feb 2024 | $65,667 |
| Fred J Begale VP-Engineering | Sale 6 Feb 2024 | $195,993 |
| William R A Bergum VP-Gen. Counsel and Secretary | Sale 6 Feb 2024 | $218,150 |
| Todd A. Adams | Option 2 Aug 2023 | $101,271 |
| Fred J Begale VP-Engineering | Sale 7 Mar 2023 | $55,408 |
| Kimberly K Stoll VP-Sales and Marketing | Sale 7 Mar 2023 | $74,860 |
| Fred J Begale VP-Engineering | Sale 3 Mar 2023 | $46,096 |
| Kimberly K Stoll VP-Sales and Marketing | Sale 3 Mar 2023 | $56,872 |
| Kimberly K Stoll VP-Sales and Marketing | Option 2 Mar 2023 | $57,623 |
Powered by
Robintrack.
Price target
Current $188.68
Average $74.00
Low $69
High $78
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +16.47% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 0.58% | Growth period | 6 years |
| Last dividend date | Yield 3 years | 0.67% | Growth 3 years | +12.25% | |
| Last dividend | Yield 5 years | 0.69% | Growth 5 years | +12.07% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Kenneth Bockhorst (47) Chairman of the Board, President, and Chief Executive Officer since 2020 | 47 | 2020 | $1,665,200 |
| Kenneth C. Bockhorst (48) Chairman, Pres, and CEO | 48 | $1,351,114 | |
| Robert Wrocklage (41) Senior Vice President and Chief Financial Officer since 2020 | 41 | 2020 | $601,756 |
| Robert A. Wrocklage (42) Sr. VP and CFO | 42 | $544,341 | |
| Kimberly Stoll (53) Vice President - Sales and Marketing since 2012 | 53 | 2012 | $473,597 |
| Gregory Gomez (55) Vice President - Global Flow Instrumentation and International Utility since 2019 | 55 | 2019 | $464,002 |
| Kimberly K. Stoll (55) VP of Sales and Marketing | 55 | $401,678 | |
| William J. Parisen (54) VP of Global Operations | 54 | $371,222 | |
| Fred Begale (55) Vice President - Engineering since 2010 | 55 | 2010 | $354,414 |
| Tessa Myers (44) Independent Director since 2019 | 44 | 2019 | $149,152 |
| Gale Klappa (69) Independent Director since 2010 | 69 | 2010 | $123,202 |
| James Stern (57) Independent Director since 2016 | 57 | 2016 | $121,802 |
| Glen Tellock (59) Independent Director since 2017 | 59 | 2017 | $118,202 |
| Gail Lione (70) Independent Director since 2017 | 70 | 2017 | $118,202 |
| Todd Adams (49) Independent Director since 2017 | 49 | 2017 | $118,202 |
| Sheryl Hopkins | 2020 | ||
| James McGill (64) Independent Director since 2020 | 64 | 2020 | |
| Daniel Weltzien (41) Vice President and Controller since 2019 | 41 | 2019 | |
| William Parisen (53) Vice President - Global Operations since 2019 | 53 | 2019 | |
| Karen Bauer (52) Vice President - Investor Relations, Corporate Strategy, and Treasurer since 2019 | 52 | 2019 | |
| William Bergum (55) Vice President, General Counsel, and Secretary since 2006 | 55 | 2006 | |
| Daniel R. Weltzien (42) VP and Controller | 42 | ||
| Sheryl L. Hopkins (53) VP of HR | 53 | ||
| William R. A. Bergum (56) VP, Gen. Counsel, and Sec. | 56 | ||
| Karen Bauer |
badger meter is a leading innovator, manufacturer and marketer of flow measurement and control products, serving water and gas utilities, municipalities and industrial customers worldwide. measuring a variety of liquids — from water to oil and lubricants in industrial processes — products from badger meter are known for the high degree of accuracy, long-lasting durability and ability to provide valuable and timely measurement information to customers. residential and commercial metering technology from badger meter is designed for optimal system performance, superior reading and billing accuracy, and maximized revenue generation. for more information, visit www.badgermeter.com.
- Industrials > Research & Consulting Services
- Badger Meter Inc., 4545 West Brown Deer Road, Milwaukee 53224-9536, United States
- 414 355 0400
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +16.47% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 0.58% | Growth period | 6 years |
| Last dividend date | Yield 3 years | 0.67% | Growth 3 years | +12.25% | |
| Last dividend | Yield 5 years | 0.69% | Growth 5 years | +12.07% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $199.31 | $191.782 | |||
| Short term investments | |||||
| Net receivables | $92.287 | $83.507 | |||
| Inventory | $160.444 | $153.674 | |||
| Total current assets | $470.598 | $442.177 | |||
| Long term investments | |||||
| Property, plant & equipment | $72.934 | $73.878 | |||
| Goodwill & intangible assets | $165.945 | $166.9 | |||
| Total noncurrent assets | $272.876 | $274.742 | |||
| Total investments | |||||
| Total assets | $743.474 | $716.919 | |||
| Current liabilities | |||||
| Accounts payable | $90.617 | $81.807 | |||
| Deferred revenue | $54.181 | $49.763 | |||
| Short long term debt | |||||
| Total current liabilities | $135.094 | $131.948 | |||
| Long term debt | |||||
| Total noncurrent liabilities | $72.813 | $68.489 | |||
| Total debt | |||||
| Total liabilities | $207.907 | $200.437 | |||
| Stockholders' equity | |||||
| Retained earnings | $479.925 | $458.719 | |||
| Other stockholder equity | -$5.268 | -$1.646 | |||
| Total stockholder equity | $535.567 | $516.482 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $191.782 | $138.052 | ||
| Short term investments | ||||
| Net receivables | $83.507 | $76.651 | ||
| Inventory | $153.674 | $119.856 | ||
| Total current assets | $442.177 | $347.832 | ||
| Long term investments | ||||
| Property, plant & equipment | $73.878 | $73.542 | ||
| Goodwill & intangible assets | $166.9 | $154.868 | ||
| Total noncurrent assets | $274.742 | $255.215 | ||
| Total investments | ||||
| Total assets | $716.919 | $603.047 | ||
| Current liabilities | ||||
| Accounts payable | $81.807 | $71.44 | ||
| Deferred revenue | $49.763 | |||
| Short long term debt | ||||
| Total current liabilities | $131.948 | $110.312 | ||
| Long term debt | ||||
| Total noncurrent liabilities | $68.489 | $50.313 | ||
| Total debt | ||||
| Total liabilities | $200.437 | $160.625 | ||
| Stockholders' equity | ||||
| Retained earnings | $458.719 | $395.155 | ||
| Other stockholder equity | -$1.646 | -$5.983 | ||
| Total stockholder equity | $516.482 | $442.422 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $196.28 | $182.44 | |||
| Cost of revenue | $119.102 | $110.975 | |||
| Gross profit | $77.178 | $71.465 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $40.6 | $39.386 | |||
| Total operating expenses | $40.6 | $39.386 | |||
| Operating income | $36.578 | $32.079 | |||
| Income from continuing operations | |||||
| EBIT | $38.092 | $33.444 | |||
| Income tax expense | $8.961 | $8.723 | |||
| Interest expense | |||||
| Net income | |||||
| Net income | $29.131 | $24.721 | |||
| Income (for common shares) | $29.131 | $24.721 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $703.592 | $565.568 | ||
| Cost of revenue | $427.154 | $345.598 | ||
| Gross profit | $276.438 | $219.97 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $158.389 | $132.675 | ||
| Total operating expenses | $158.389 | $132.675 | ||
| Operating income | $118.049 | $87.295 | ||
| Income from continuing operations | ||||
| EBIT | $121.966 | $87.165 | ||
| Income tax expense | $29.368 | $21.221 | ||
| Interest expense | -$0.552 | |||
| Net income | ||||
| Net income | $92.598 | $66.496 | ||
| Income (for common shares) | $92.598 | $66.496 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $29.131 | $24.721 | |||
| Operating activities | |||||
| Depreciation | $8.01 | $7.19 | |||
| Business acquisitions & disposals | -$3 | ||||
| Stock-based compensation | $1.271 | $1.225 | |||
| Total cash flows from operations | $21.46 | $37.945 | |||
| Investing activities | |||||
| Capital expenditures | -$2.676 | -$2.054 | |||
| Investments | |||||
| Total cash flows from investing | -$5.676 | -$2.054 | |||
| Financing activities | |||||
| Dividends paid | -$7.942 | -$7.918 | |||
| Sale and purchase of stock | $0.23 | ||||
| Net borrowings | |||||
| Total cash flows from financing | -$7.712 | -$7.918 | |||
| Effect of exchange rate | -$0.544 | $0.899 | |||
| Change in cash and equivalents | $7.528 | $28.872 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $92.598 | $66.496 | ||
| Operating activities | ||||
| Depreciation | $28.11 | $26.241 | ||
| Business acquisitions & disposals | -$17.127 | |||
| Stock-based compensation | $5.188 | $3.148 | ||
| Total cash flows from operations | $110.117 | $82.451 | ||
| Investing activities | ||||
| Capital expenditures | -$12.003 | -$5.891 | ||
| Investments | ||||
| Total cash flows from investing | -$29.13 | -$5.891 | ||
| Financing activities | ||||
| Dividends paid | -$29.052 | -$24.881 | ||
| Sale and purchase of stock | $0.967 | $0.276 | ||
| Net borrowings | ||||
| Total cash flows from financing | -$28.085 | -$24.605 | ||
| Effect of exchange rate | $0.828 | -$1.077 | ||
| Change in cash and equivalents | $53.73 | $50.878 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Dnb Asset Management As |
-8.32%
|
5,928 | $1,104,031 |
| 2024 Q2 | Gamma Investing |
+46.33%
|
499 | $92,989 |
| 2024 Q2 | Versant Capital Management, Inc |
+28.57%
|
81 | $15,094 |
| 2024 Q2 | Institutional & Family Asset Management |
-54.84%
|
14 | $2,609 |
| 2024 Q2 | Massmutual Trust Co Fsb/adv |
-10.87%
|
82 | $15,281 |
| 2024 Q2 | Thompson Investment Management, Inc |
Opened
|
6 | $1,086 |
| 2024 Q1 | Invesco |
-34.15%
|
533,899 | $86,390,196 |
| 2024 Q1 | Morgan Stanley |
+50.78%
|
597,986 | $96,760,468 |
| 2024 Q1 | Blackrock |
+3.43%
|
5,337,742 | $863,700,085 |
| 2024 Q1 | Jpmorgan Chase & Co |
-15.91%
|
562,448 | $91,009,710 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Blackrock | 18.16% | 5,337,742 | |
| Vanguard Group Inc | 12.30% | 3,614,269 | |
| State Street Corp | 5.41% | 1,590,223 | |
| Impax Asset Management Ltd | 4.74% | 1,394,629 | |
| Geode Capital Management | 2.39% | 702,749 | |
| Impax Asset Management PLC | 2.28% | 669,246 | |
| Dimensional Fund Advisors L.P. | 2.26% | 663,335 | |
| Kayne Anderson Rudnick Investment Management | 2.21% | 650,237 | |
| Morgan Stanley | 2.03% | 597,986 | |
| Jpmorgan Chase & Co | 1.91% | 562,448 |
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