BMIBADGER METER INC
Totalizing Fluid Meters & Counting Devices
- Revenue
- $917M
- 11% YoY
- Operating margin
- 20.0%
- 4.7% YoY
- EBITDA
- $195M
- 15% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear130% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear32% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear32% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $505M | $566M | $704M | $827M | $917M | 11% |
| Operating income | $79M | $87M | $118M | $158M | $183M | 16% |
| Net income | $61M | $66M | $93M | $125M | $142M | 13% |
| Operating cash flow | $88M | $82M | $110M | $155M | $184M | 18% |
| Capex | $7M | $6M | $12M | $13M | $14M | 9.4% |
| Stock-based comp | $2M | $3M | $5M | $6M | $9M | 49% |
| Buybacks | $460K | $427K | $0 | $0 | $15M | |
| Dividends | $22M | $25M | $29M | $36M | $44M | 21% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $21K · 1
- Net
- −$21K
Pay vs performance
No pay-versus-performance disclosure yet.