To the full analysis
Badger Meter stock: growth
BMIBadger Meter reported $916.66M in revenue for fiscal 2025, up 10.9% on the prior year, up 16.6% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
7.6%
per year from 2006 to 2025, per share 7.2%
Earnings (Annual rate)
16.7%
per year from 2006 to 2025, per share 16.4%
Free cash flow (Annual rate)
19.6%
per year from 2006 to 2025, per share 19.2%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 16.6% | 9.3% | 7.6% |
| Revenue per share | 16.3% | 9.0% | 7.2% |
| Earnings | 23.5% | 18.5% | 16.7% |
| Earnings per share | 23.2% | 18.3% | 16.4% |
| Free cash flow | 16.1% | 26.6% | 19.6% |
| Free cash flow per share | 15.8% | 26.3% | 19.2% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $229.75M | $7.55M | $5.69M |
| 2007 | $234.82M | $16.46M | $12.3M |
| 2008 | $279.55M | $25.08M | −$11.84M |
| 2009 | $250.34M | $34.17M | $28.84M |
| 2010 | $276.63M | $28.66M | $1.13M |
| 2011 | $262.92M | $19.16M | $25.98M |
| 2012 | $319.66M | $28.03M | $26.6M |
| 2013 | $334.12M | $24.62M | $20.51M |
| 2014 | $364.77M | $29.68M | $23.4M |
| 2015 | $377.7M | $25.94M | $16.07M |
| 2016 | $393.76M | $32.3M | $45.59M |
| 2017 | $402.44M | $34.57M | $34.68M |
| 2018 | $433.73M | $27.79M | $51.71M |
| 2019 | $424.63M | $47.18M | $73.22M |
| 2020 | $425.54M | $49.34M | $80.52M |
| 2021 | $505.2M | $60.88M | $80.76M |
| 2022 | $565.57M | $66.5M | $76.56M |
| 2023 | $703.59M | $92.6M | $98.11M |
| 2024 | $826.56M | $124.94M | $142.22M |
| 2025 | $916.66M | $141.63M | $169.67M |
Revenue by region
Where Badger Meter, Inc. generates its revenue.
- United States90%
- Europe5%
- Canada2%
- Asia2%
- Middle East1%
- Other< 1%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $347.85M | $355.77M | $374.65M | $369.16M | $376.43M | $432.19M | $491.68M | $621.17M | $745.19M | $825.94M | 90.1% |
| Europe | $15.3M | $15.72M | $20.15M | $15.78M | $18.26M | $30.36M | $28.72M | $39.11M | $37.29M | $43.92M | 4.8% |
| Canada | $12.59M | $10.41M | $11.89M | $13.57M | $10.41M | $11.87M | $12.77M | $12.96M | $10.45M | $15.23M | 1.7% |
| Asia | $6.54M | $9.13M | $9.08M | $9.11M | $6.44M | $16.74M | $15M | $13.55M | $11.24M | $14.28M | 1.6% |
| Middle East | $5.52M | $4.9M | $11.32M | $7.87M | $6.11M | $7.18M | $9.29M | $10.38M | $16.78M | $10.99M | 1.2% |
| Other | $5.96M | $6.51M | $6.64M | $9.13M | $7.91M | $6.87M | $8.12M | $0 | $0 | $0 | 0% |
| Total revenue | $393.76M | $402.44M | $433.73M | $424.63M | $425.54M | $505.2M | $565.57M | $703.59M | $826.56M | $916.66M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 16 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.