Badger Meter, Inc. (BMI) FinancialsBMIBadger Meter, Inc.

Badger Meter, Inc. (BMI) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Revenue recognized at a point in time, accounting for 87.8% of total sales, equivalent to $177.57M. Another important revenue stream is Revenue recognized over time. Understanding this composition is critical for investors evaluating how BMI navigates market cycles within the Industrial Machinery & Equipment industry.

Evaluating the bottom line, Badger Meter, Inc. maintains a gross margin of 40.83%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 18.25%, while the net margin is 13.37%. These profitability ratios, combined with a Return on Equity (ROE) of 18.48%, provide a clear picture of how effectively BMI converts its operational activities into shareholder value.

In the context of the broader market, BMI competes directly with industry leaders such as GPGI and MWA. With a market capitalization of $3.93B, it holds a leading position in the sector. When comparing efficiency, BMI's gross margin of 40.83% stands against GPGI's N/A and MWA's 40.14%. Such benchmarking helps identify whether Badger Meter, Inc. is trading at a premium or discount relative to its financial performance.

Badger Meter has shown consistent revenue growth with total revenue of $222,321,000 in Q2 2026 and a gross margin of 40.83%. The net income for the same quarter was $29,720,000, indicating solid profitability.