With more than a century of water technology innovation, Badger Meter is a global provider of industry leading water solutions encompassing flow measurement, quality and other system parameters. These offerings provide the customers with the data and analytics essential to optimize their operations and contribute to the sustainable use and protection of the world's most precious resource.

Company profile
Ticker
BMI
Exchange
Website
CEO
Kenneth Bockhorst
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Vontier ...
SEC CIK
Corporate docs
Subsidiaries
Analytical Technologies, Inc. • Badger Meter de las Americas, SA • Badger Meter Canada, Inc. • Badger Meter Czech Republic, s.r.o. • Badger Meter Europe, GmbH • Badger Meter International, Inc. • (an international holding company • Badger Meter de Mexico, SA • Badger Meter Swiss, AG • Badger Meter UK Limited ...
IRS number
390143280
BMI stock data
News

Stocks That Hit 52-Week Lows On Tuesday
14 Jun 22
Morgan Stanley Maintains Underweight on Badger Meter, Lowers Price Target to $80
9 Jun 22
Stocks That Hit 52-Week Lows On Thursday
28 Apr 22
Stocks That Hit 52-Week Lows On Monday
25 Apr 22
Badger Meter Clocks 12% Revenue Growth In Q1; Margins Shrink Due To Inflation, Component Crisis
19 Apr 22
Analyst ratings and price targets
Calendar
28 Apr 22
26 Jun 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 May 22 | Tellock Glen E | Common Stock | Grant | Acquire A | No | No | 80.44 | 767 | 61.7K | 6,081 |
2 May 22 | Stern James F | Common Stock | Grant | Acquire A | No | No | 80.44 | 767 | 61.7K | 6,081 |
2 May 22 | Myers Tessa M. | Common Stock | Grant | Acquire A | No | No | 80.44 | 767 | 61.7K | 3,443 |
2 May 22 | James W McGill | Common Stock | Grant | Acquire A | No | No | 80.44 | 767 | 61.7K | 2,423 |
2 May 22 | Klappa Gale E | Common Stock | Grant | Acquire A | No | No | 80.44 | 767 | 61.7K | 20,427 |
Institutional ownership, Q1 2022
84.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 277 |
Opened positions | 44 |
Closed positions | 35 |
Increased positions | 88 |
Reduced positions | 96 |
13F shares | Current |
---|---|
Total value | 2.68B |
Total shares | 24.86M |
Total puts | 5.8K |
Total calls | 4.9K |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 4.99M | $497.68M |
Vanguard | 3.42M | $340.55M |
STT State Street | 1.87M | $186.65M |
IPXAF Impax Asset Management | 1.18M | $117.38M |
JPM JPMorgan Chase & Co. | 932.04K | $92.93M |
Dimensional Fund Advisors | 852.99K | $85.05M |
Kayne Anderson Rudnick Investment Management | 769.01K | $76.68M |
IVZ Invesco | 766.85K | $76.46M |
Geode Capital Management | 514.01K | $51.25M |
Allianz Asset Management GmbH | 500.17K | $49.87M |
Financial report summary
?Competition
Emerson Electric • Honeywell International • Itron • Roper • Mueller Water Products • Mueller Water Products Inc - Series A • XylemRisks
- The inability to develop technologically advanced products could harm our future success.
- Failure to manufacture quality products could have a material adverse effect on our business.
- If our software products do not operate as intended, our business could be materially and adversely affected.
- Our expanded role as a prime contractor brings certain risks that could have a material adverse effect to our business.
- The inability to obtain adequate supplies of raw materials and component parts at favorable prices could decrease our profit margins and negatively impact timely delivery to customers and could have a material adverse effect on our business, results of operations and financial condition.
- Economic conditions could cause a material adverse impact on our sales and operating results.
- Risks related to foreign markets could decrease our profitability.
- An inability to attract and retain skilled employees could negatively impact our growth and decrease our profitability.
- Competitive pressures in the marketplace could decrease our revenues and profits.
- Violations or alleged violations of laws that impose requirements for the conduct of the Company’s overseas operations, including the Foreign Corrupt Practices Act (FCPA) or other anti-corruption laws, trade sanctions and sanctioned parties restrictions could adversely affect our business.
- Changes in environmental or regulatory requirements could entail additional expenses that could decrease our profitability.
- Economic impacts due to leadership or policy changes in the countries where we do business could negatively affect our profitability.
- Climate change, unusual weather and other natural phenomena could adversely affect our business.
- Litigation against us could be costly, time consuming to defend and could adversely affect our profitability.
- Disruptions and other damages to our information technology and other networks and operations, and breaches in data security or cybersecurity attacks could have a negative financial impact and damage our reputation.
- Failure to successfully identify, complete and integrate acquired businesses or products could adversely affect our operations.
Management Discussion
- Net sales in 2021 increased $79.7 million, or 18.7%, to $505.2 million from $425.5 million in 2020. Sales into the utility water market were $415.3 million, an increase of 20.6% over the prior year’s $344.3 million. The acquisitions of s::can and ATi increased sales $40.7 million compared to 2020. The remaining increase of $39.0 million was attributable to higher sales of the Company’s water meter, radio and software products including ORION Cellular endpoints as well as increased BEACON SaaS revenue associated with data collection and software analytics. These favorable trends more than offset the supply chain shortages of certain components which limited sales of certain products throughout 2021 and contributed to the record backlog level throughout 2021. Sales of products into the global flow instrumentation end markets were $89.9 million, 10.7% higher than the prior year’s $81.2 million due to the stabilization of industrial demand globally and across the array of end markets served.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
April, assisted, Brown, chapter, check, combat, Commission, coupled, decrease, Deer, Employer, expressed, filer, Identification, incentive, Interactive, jurisdiction, large, mark, ModMag, pacing, Page, past, plant, preceding, pursuant, reclassified, registrant, Regulation, Road, section, shell, shorter, smaller, submit, submitted, tempered, transition
Removed:
added, alliance, amortization, application, ASC, ASU, attributable, beginning, broadly, characterized, climate, competition, consistent, core, currency, cybersecurity, decision, declared, declined, depict, develop, disease, distancing, dozen, Emergency, enable, exceeded, Excluding, exhaust, FASB, fiscal, framework, gain, guidance, Health, implemented, improving, inclusion, incorporated, input, integration, International, introduction, labor, manufacture, mayor, office, penetration, permitted, political, Positive, potential, pressure, proprietary, Public, reference, remarketed, remote, removing, resultant, robust, screening, September, Simplifying, skilled, social, spread, successful, technologically, temperature, timeline, Topic, varying, widespread
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
4 May 22
8-K
First Quarter 2022 Highlights
19 Apr 22
8-K
Departure of Directors or Certain Officers
24 Feb 22
8-K
Departure of Directors or Certain Officers
16 Feb 22
8-K
Fourth Quarter 2021 Highlights
28 Jan 22
8-K
Third Quarter 2021 Highlights
15 Oct 21
8-K
Departure of Directors or Certain Officers
23 Aug 21
8-K
Second Quarter 2021 Highlights
20 Jul 21
8-K
Entry into a Material Definitive Agreement
9 Jul 21
8-K
Departure of Directors or Certain Officers
30 Apr 21
Registration and prospectus
S-8
Registration of securities for employees
30 Apr 21
S-3ASR
Automatic shelf registration
4 Mar 18
S-3ASR
Automatic shelf registration
3 Mar 15
424B3
Prospectus supplement
7 Mar 12
S-8
Registration of securities for employees
4 May 11
424B3
Prospectus supplement
18 Dec 08
S-3
Shelf registration
24 Nov 08
25
Voluntary exchange delisting
15 Jun 08
8-A12B
Registration of securities on exchange
15 Jun 08
Other
SD
Conflict minerals disclosure
27 May 22
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
1 Jun 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
30 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
SD
Conflict minerals disclosure
31 May 15
SD
Conflict minerals disclosure
1 Jun 14
EFFECT
Notice of effectiveness
7 Mar 12
Ownership
11-K
Annual report of employee stock purchases
23 Jun 22
4
BADGER METER / TODD A. ADAMS ownership change
4 May 22
4
BADGER METER / Henry F Brooks ownership change
4 May 22
4
BADGER METER / Melanie K. Cook ownership change
4 May 22
4
BADGER METER / GALE E KLAPPA ownership change
4 May 22
4
BADGER METER / James W McGill ownership change
4 May 22
4
BADGER METER / Tessa M. Myers ownership change
4 May 22
4
BADGER METER / JAMES F STERN ownership change
4 May 22
4
BADGER METER / GLEN E TELLOCK ownership change
4 May 22
4
BADGER METER / TODD A. ADAMS ownership change
1 Apr 22
Patents
Utility
Valve Providing Supplemental Feedback During Operation
26 May 22
A ball valve for use in a hydraulic supply system is described.
Utility
System And Method For Utilizing District Metering Areas Based On Meter Designations
22 Jul 21
A computer implemented method implemented on a computer system includes non-transient memory storing instructions for configuring a plurality of district metering areas within a utility supply network.
Utility
Ultrasonic Flow Meter Calibration System and Method
18 Feb 21
An ultrasonic flow meter configured to measure a flow within a conduit configured for autozeroing during active flow operation of the flow meter.
Utility
Ultrasonic Flowmeter Element
9 Dec 20
A signal path definition element defining an ultrasonic signal path for ultrasonic signals transmitted and received by an ultrasonic flow meter is provided.
Utility
System And Method For Utilizing District Metering Areas Based On Meter Designations
25 Nov 20
A computer implemented method implemented on a computer system includes non-transient memory storing instructions for configuring a plurality of district metering areas within a utility supply network.
Transcripts
2022 Q1
Earnings call transcript
19 Apr 22
2021 Q4
Earnings call transcript
28 Jan 22
2021 Q3
Earnings call transcript
15 Oct 21
2021 Q2
Earnings call transcript
20 Jul 21
2021 Q1
Earnings call transcript
20 Apr 21
2020 Q4
Earnings call transcript
29 Jan 21
2020 Q3
Earnings call transcript
16 Oct 20
2020 Q3
Earnings call transcript
16 Oct 20
2020 Q2
Earnings call transcript
16 Jul 20
2020 Q1
Earnings call transcript
16 Apr 20
Reddit threads
So if double stuff Oreos mean recession, what does this mean?
26 Jun 22
Ready Cramer One
23 Jun 22
Why is biotech so beat down? Started a small position in XBI
22 Jun 22
Those that bought GME calls this week 🤡🤡
9 Jun 22
Daily Discussion - Monday June 06 2022
6 Jun 22
Gas is now $10 a gallon in California. The bottom is far from in.
5 Jun 22
Global Water Resources (GWR) DD | Div Growth + Water Exposure
3 Jun 22
50 stocks with at least 20 years of consecutive years of dividend growth within 10% of their 52-Week Low (List in the comments)
26 May 22
Daily Discussion Thread - May 26th, 2022
26 May 22
Daily Discussion Thread - May 25th, 2022
25 May 22