BMI
Badger Meter Inc
NYSE: BMI · TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS
$121.95
+0.86% today
Updated 2026-05-01
Market cap
$3.44B
P/E ratio
26.67
P/S ratio
3.84x
EPS (TTM)
$4.42
Dividend yield
1.30%
52W range
$112 – $254
Volume
0.6M
Badger Meter Inc (BMI) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $16.75M | $28.27M | $27.05M | $36.59M | $18.40M | $31.32M | $34.80M | $34.82M | $35.73M | $35.83M | $56.19M | $49.75M | $60.35M | $80.71M | $89.58M | $87.51M | $82.45M | $110.12M | $155.03M | $183.70M |
| Capital expenditures | $11.06M | $15.97M | $38.89M | $7.75M | $17.27M | $5.34M | $8.20M | $14.31M | $12.33M | $19.77M | $10.60M | $15.07M | $8.64M | $7.50M | $9.06M | $6.75M | $5.89M | $12.00M | $12.82M | $14.03M |
| Depreciation | $7.01M | $6.47M | $7.05M | $8.16M | $8.46M | $9.49M | $12.05M | $13.49M | $15.66M | $20.60M | $22.44M | $24.40M | $24.32M | $24.15M | $25.22M | $27.86M | $26.24M | $28.11M | $32.19M | $34.58M |
| Stock-based comp | — | $1.20M | $1.27M | $1.17M | $1.36M | $1.47M | $1.27M | $1.39M | $1.45M | $1.54M | $1.54M | $1.73M | $4.17M | $1.21M | $1.42M | $2.33M | $3.15M | $5.19M | $6.18M | $9.19M |
| Free cash flow | $5.69M | $12.30M | $-11.84M | $28.84M | $1.13M | $25.98M | $26.60M | $20.51M | $23.40M | $16.07M | $45.59M | $34.68M | $51.71M | $73.22M | $80.52M | $80.76M | $76.56M | $98.11M | $142.22M | $169.67M |
| Investing cash flow | $-11.58M | $-13.12M | $-38.16M | $-7.75M | $-26.05M | $-9.29M | $-59.72M | $-29.71M | $-33.16M | $-21.67M | $-12.40M | $-35.45M | $-16.69M | $-7.50M | $-38.19M | $-51.42M | $-5.89M | $-29.13M | $-15.82M | $-198.05M |
| Financing cash flow | $-3.70M | $-11.08M | $8.91M | $-21.49M | $-2.72M | $-20.00M | $26.78M | $-4.28M | $-2.74M | $-12.97M | $-44.47M | $-10.43M | $-42.14M | $-37.71M | $-27.82M | $-20.51M | $-24.61M | $-28.09M | $-35.10M | $-57.98M |
| Dividends paid | $4.33M | $4.87M | $5.85M | $6.83M | $7.78M | $9.02M | $9.51M | $10.00M | $10.63M | $11.26M | $12.46M | $14.21M | $16.27M | $18.59M | $20.34M | $22.16M | $24.88M | $29.05M | $35.85M | $43.53M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | — | $1.89M | $1.58M | $709000.00 | $-607000.00 | $1.51M | $-825000.00 | $3.83M | $1.92M | $35.78M | $23.40M | $14.90M | $51.95M | — | — | — |