(BMI) Badger Meter - Ratings and Ratios

Badger Meter Inc. (NYSE: BMI) is a leading provider of flow measurement and connected solutions, operating at the intersection of water infrastructure, smart cities, and the Internet of Things (IoT). Incorporated in 1905 and headquartered in Milwaukee, Wisconsin, the company has established itself as a key player in the digital transformation of water utilities and industrial processes. Its product portfolio spans mechanical and static water meters, advanced radio and software technologies, and data-driven solutions designed to optimize water usage, detect leaks, and improve operational efficiency.

Badger Meter serves a diverse range of customers, including municipal water utilities, commercial industries, and original equipment manufacturers (OEMs). For water utilities, the company offers solutions like ORION Cellular endpoints, which enable real-time data collection and network-as-a-service capabilities. Its BEACON software suite stands out as a secure, cloud-hosted platform that not only provides actionable insights but also empowers end consumers to monitor and manage their water usage, fostering greater transparency and engagement.

The company’s flow instrumentation products are widely used in markets such as water/wastewater treatment, HVAC systems, and corporate sustainability initiatives. These products include meters, valves, and sensing instruments that measure and control fluids like water, air, and steam. Badger Meter’s hardware and software solutions are complemented by value-added services, including training, project management, and technical support, which help customers maximize the effectiveness of their deployments.

From a financial perspective, Badger Meter has a market capitalization of $6.449 billion, reflecting its strong position in the industry. The company’s price-to-earnings (P/E) ratio of 51.84 and forward P/E of 46.30 indicate investor confidence in its growth prospects, driven by increasing demand for smart water management and IoT-enabled infrastructure. With a price-to-book (P/B) ratio of 10.64 and a price-to-sales (P/S) ratio of 8.02, the company’s valuation metrics highlight its premium positioning in the electronic equipment and instruments sector.

For investors and fund managers, Badger Meter represents a compelling opportunity to tap into the convergence of water conservation, digital transformation, and sustainability. Its focus on connected solutions and data-driven insights aligns with broader trends in infrastructure modernization and resource efficiency, making it a standout player in its industry.