Badger Meter Doubles Revenue Through Smart Water Management Innovations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 11h ago
0mins
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.
Analyst Views on BMI
Wall Street analysts forecast BMI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BMI is 226.40 USD with a low forecast of 205.00 USD and a high forecast of 243.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 174.100
Low
205.00
Averages
226.40
High
243.00
Current: 174.100
Low
205.00
Averages
226.40
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.





