Badger Meter Doubles Revenue Through Smart Water Management Innovations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2026
0mins
Should l Buy BMI?
Source: Fool
- Significant Revenue Growth: Since 2020, Badger Meter has doubled its revenue, achieving an average annual increase of 28%, indicating a rising market acceptance of its smart water solutions, which strengthens the company's leadership in water management.
- Return on Tech Investment: By upgrading its technology, Badger's operating profit margin has risen from 15% in 2019 to nearly 20%, which not only enhances financial efficiency but also reduces capital requirements for acquiring new customers, boosting profitability.
- Strong Cash Flow: Earnings have nearly tripled since 2019, generating impressive free cash flow that supports internal investments and strategic acquisitions, further solidifying the company's market position.
- Increased Shareholder Returns: Badger's dividends per share have doubled since 2022, reflecting the company's commitment to rewarding shareholders while experiencing rapid growth, thereby enhancing investor confidence.
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Analyst Views on BMI
Wall Street analysts forecast BMI stock price to rise
7 Analyst Rating
5 Buy
1 Hold
1 Sell
Moderate Buy
Current: 151.930
Low
157.00
Averages
214.86
High
243.00
Current: 151.930
Low
157.00
Averages
214.86
High
243.00
About BMI
Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement, quality, control and other system solutions serving markets worldwide. Its offerings, marketed as BlueEdge, include 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. Its solutions include measurement and control hardware, connectivity and communication, data visualization and software-delivered actionable insights, and ongoing support to optimize customers' operations. Its measurement and control hardware, instruments and sensors include product families, such as meters that measure the flow of water and other fluids, water quality monitoring solutions and high frequency pressure and acoustic leak detection hardware that provides real-time monitoring data. It offers a range of communication solutions including the ORION branded family of radio endpoints.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Badger Meter Stock Fluctuates Ahead of Earnings Report
- Stock Movement: Badger Meter (BMI) closed at $151.93, down 2.25% from the previous session, underperforming the S&P 500's gain of 0.08%, indicating market caution regarding its short-term performance.
- Earnings Expectations: The company is set to report earnings on April 17, 2026, with projected EPS of $1.22, reflecting a 6.15% decrease year-over-year, while revenue is expected to be $231.56 million, up 4.21%, suggesting some growth potential amid challenges.
- Analyst Optimism: The Zacks Consensus estimates forecast annual EPS of $5.04 and revenue of $966.41 million, indicating increases of 5.22% and 5.43% respectively compared to last year, reflecting analysts' positive outlook on the company's profitability.
- Valuation Analysis: Badger Meter currently trades at a Forward P/E ratio of 30.82, significantly above the industry average of 26.63, with a PEG ratio of 2.49, suggesting high market expectations for future growth, although this also implies higher investment risks.
See More
Nordson and Badger Meter's Dividend Growth
- Dividend Growth Performance: Nordson has raised its dividend for 62 consecutive years, with a 5% increase in 2025, making it a Dividend King with a current yield of 1.22%; Badger Meter has increased its dividend for 33 years, with a 17.6% rise in 2025 and a yield of 1.01%, showcasing both companies' strong capabilities in stable income growth.
- Strong Performance: In Q1 2026, Nordson achieved record revenue of $669 million, up 9% year-over-year, with EPS rising 44% to $2.38, primarily driven by a 23% sales increase in its advanced technology solutions segment, reflecting robust demand in high-tech applications.
- Optimistic Market Outlook: Nordson raised its annual revenue guidance to $2.86 billion to $2.98 billion, a 4.6% increase at the midpoint over 2025, with adjusted EPS expected between $11 and $11.60, up 10.3%, indicating the company's confidence in future performance.
- Growth Drivers for Badger Meter: Badger Meter reported 2025 sales of $916.7 million, an 11% increase, with SaaS sales growing 27% and an additional $40 million in revenue from the SmartCover acquisition, demonstrating its technological transformation and market adaptability in water resource management.
See More
Nordson and Badger Meter: Stability and Growth in Dividends
- Stable Dividend Growth: Nordson has increased its dividend for 62 consecutive years, with a 5% increase in 2025, making it a Dividend King with a current yield of 1.22%; Badger Meter has raised its dividend for 33 years, including a 17.6% increase in 2025, with a yield of 1.01%, showcasing strong dividend growth from both companies.
- Strong Financial Performance: In Q1 2026, Nordson reported record revenue of $669 million, up 9% year-over-year, with earnings per share (EPS) rising 44% to $2.38, driven by a 23% sales increase in its advanced technology solutions segment, indicating robust demand in high-tech applications.
- Upgraded Guidance: Nordson raised its annual revenue guidance to between $2.86 billion and $2.98 billion for 2026, reflecting a 4.6% increase at the midpoint over 2025, with adjusted EPS expected between $11 and $11.60, up 10.3%, demonstrating confidence in future growth.
- Acquisition-Driven Growth: Badger Meter achieved sales of $916.7 million in 2025, an 11% increase, with SaaS sales growing by 27%, and the acquisition of SmartCover contributing $40 million in revenue, highlighting its strategic pivot towards technology in water management.
See More
Badger Meter Reports Weak Earnings Amid Industry Growth
- Earnings Report: Badger Meter reported revenues of $220.7 million, reflecting a year-over-year increase of 7.6%, yet it fell short of analysts' expectations by 4.9%, indicating a relatively weak performance within the industry.
- Stock Reaction: Following the disappointing earnings report, Badger Meter's stock has declined by 4.7%, currently trading at $156.75, which reflects market concerns regarding its future growth prospects.
- Industry Comparison: Among the inspection instruments sector, Badger Meter exhibited the weakest performance, while peers like Keysight and Viavi Solutions achieved revenue growth of 23.3% and 36.4%, respectively, highlighting significant disparities within the industry.
- Market Trends: Although the overall inspection instruments sector reported revenues exceeding analysts' expectations by 0.9%, Badger Meter's underperformance may undermine investor confidence in its future results, particularly against the backdrop of economic cycle fluctuations.
See More
Badger Meter Schedules Q1 2026 Earnings Release and Conference Call
- Earnings Release Schedule: Badger Meter will issue its Q1 2026 earnings report before the market opens on April 17, 2026, reflecting the company's ongoing commitment to transparency and shareholder communication.
- Conference Call Timing: Following the earnings release, the company will host a conference call at 10:00 AM CT, providing investors with a direct opportunity to interact with management, thereby enhancing investor confidence.
- Webcast Availability: The call will be accessible via a live webcast from the Events & Presentations section of the company's investor relations website, ensuring that all stakeholders can obtain key information in real-time, thus improving information accessibility.
- Long-term Support Commitment: Badger Meter's BlueEdge® solutions showcase its century-long innovation in water management technology, emphasizing the company's leadership in sustainable resource use and protection within the industry.
See More
Latest Wall Street Rating Updates
- UBS Upgrade: UBS upgrades Adecoagro from Neutral to Buy, raising the price target from $8 to $16.2, indicating the company is poised to benefit from the ongoing Middle East conflict, which is expected to enhance its financial performance.
- HSBC Bullish on Carnival: HSBC upgrades Carnival from Hold to Buy, asserting that the current share price undervalues the resilience of experience-led demand, which is likely to improve the company's market performance in the near future.
- Morgan Stanley Reiterates Meta: Morgan Stanley lowers its price target for Meta from $825 to $775 but maintains it as a top investment idea, suggesting that market sentiment has bottomed out, making it an opportune time to buy.
- Deutsche Bank Upgrades Colgate: Deutsche Bank upgrades Colgate-Palmolive from Hold to Buy, highlighting the company's core business as having long-term investment value and the ability to weather current market volatility effectively.
See More
Badger Meter Stock Fluctuates Ahead of Earnings Report
- Stock Movement: Badger Meter (BMI) closed at $151.93, down 2.25% from the previous session, underperforming the S&P 500's gain of 0.08%, indicating market caution regarding its short-term performance.
- Earnings Expectations: The company is set to report earnings on April 17, 2026, with projected EPS of $1.22, reflecting a 6.15% decrease year-over-year, while revenue is expected to be $231.56 million, up 4.21%, suggesting some growth potential amid challenges.
- Analyst Optimism: The Zacks Consensus estimates forecast annual EPS of $5.04 and revenue of $966.41 million, indicating increases of 5.22% and 5.43% respectively compared to last year, reflecting analysts' positive outlook on the company's profitability.
- Valuation Analysis: Badger Meter currently trades at a Forward P/E ratio of 30.82, significantly above the industry average of 26.63, with a PEG ratio of 2.49, suggesting high market expectations for future growth, although this also implies higher investment risks.
See More
Nordson and Badger Meter's Dividend Growth
- Dividend Growth Performance: Nordson has raised its dividend for 62 consecutive years, with a 5% increase in 2025, making it a Dividend King with a current yield of 1.22%; Badger Meter has increased its dividend for 33 years, with a 17.6% rise in 2025 and a yield of 1.01%, showcasing both companies' strong capabilities in stable income growth.
- Strong Performance: In Q1 2026, Nordson achieved record revenue of $669 million, up 9% year-over-year, with EPS rising 44% to $2.38, primarily driven by a 23% sales increase in its advanced technology solutions segment, reflecting robust demand in high-tech applications.
- Optimistic Market Outlook: Nordson raised its annual revenue guidance to $2.86 billion to $2.98 billion, a 4.6% increase at the midpoint over 2025, with adjusted EPS expected between $11 and $11.60, up 10.3%, indicating the company's confidence in future performance.
- Growth Drivers for Badger Meter: Badger Meter reported 2025 sales of $916.7 million, an 11% increase, with SaaS sales growing 27% and an additional $40 million in revenue from the SmartCover acquisition, demonstrating its technological transformation and market adaptability in water resource management.
See More
Nordson and Badger Meter: Stability and Growth in Dividends
- Stable Dividend Growth: Nordson has increased its dividend for 62 consecutive years, with a 5% increase in 2025, making it a Dividend King with a current yield of 1.22%; Badger Meter has raised its dividend for 33 years, including a 17.6% increase in 2025, with a yield of 1.01%, showcasing strong dividend growth from both companies.
- Strong Financial Performance: In Q1 2026, Nordson reported record revenue of $669 million, up 9% year-over-year, with earnings per share (EPS) rising 44% to $2.38, driven by a 23% sales increase in its advanced technology solutions segment, indicating robust demand in high-tech applications.
- Upgraded Guidance: Nordson raised its annual revenue guidance to between $2.86 billion and $2.98 billion for 2026, reflecting a 4.6% increase at the midpoint over 2025, with adjusted EPS expected between $11 and $11.60, up 10.3%, demonstrating confidence in future growth.
- Acquisition-Driven Growth: Badger Meter achieved sales of $916.7 million in 2025, an 11% increase, with SaaS sales growing by 27%, and the acquisition of SmartCover contributing $40 million in revenue, highlighting its strategic pivot towards technology in water management.
See More
Badger Meter Reports Weak Earnings Amid Industry Growth
- Earnings Report: Badger Meter reported revenues of $220.7 million, reflecting a year-over-year increase of 7.6%, yet it fell short of analysts' expectations by 4.9%, indicating a relatively weak performance within the industry.
- Stock Reaction: Following the disappointing earnings report, Badger Meter's stock has declined by 4.7%, currently trading at $156.75, which reflects market concerns regarding its future growth prospects.
- Industry Comparison: Among the inspection instruments sector, Badger Meter exhibited the weakest performance, while peers like Keysight and Viavi Solutions achieved revenue growth of 23.3% and 36.4%, respectively, highlighting significant disparities within the industry.
- Market Trends: Although the overall inspection instruments sector reported revenues exceeding analysts' expectations by 0.9%, Badger Meter's underperformance may undermine investor confidence in its future results, particularly against the backdrop of economic cycle fluctuations.
See More
Badger Meter Schedules Q1 2026 Earnings Release and Conference Call
- Earnings Release Schedule: Badger Meter will issue its Q1 2026 earnings report before the market opens on April 17, 2026, reflecting the company's ongoing commitment to transparency and shareholder communication.
- Conference Call Timing: Following the earnings release, the company will host a conference call at 10:00 AM CT, providing investors with a direct opportunity to interact with management, thereby enhancing investor confidence.
- Webcast Availability: The call will be accessible via a live webcast from the Events & Presentations section of the company's investor relations website, ensuring that all stakeholders can obtain key information in real-time, thus improving information accessibility.
- Long-term Support Commitment: Badger Meter's BlueEdge® solutions showcase its century-long innovation in water management technology, emphasizing the company's leadership in sustainable resource use and protection within the industry.
See More
Latest Wall Street Rating Updates
- UBS Upgrade: UBS upgrades Adecoagro from Neutral to Buy, raising the price target from $8 to $16.2, indicating the company is poised to benefit from the ongoing Middle East conflict, which is expected to enhance its financial performance.
- HSBC Bullish on Carnival: HSBC upgrades Carnival from Hold to Buy, asserting that the current share price undervalues the resilience of experience-led demand, which is likely to improve the company's market performance in the near future.
- Morgan Stanley Reiterates Meta: Morgan Stanley lowers its price target for Meta from $825 to $775 but maintains it as a top investment idea, suggesting that market sentiment has bottomed out, making it an opportune time to buy.
- Deutsche Bank Upgrades Colgate: Deutsche Bank upgrades Colgate-Palmolive from Hold to Buy, highlighting the company's core business as having long-term investment value and the ability to weather current market volatility effectively.
See More
