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Badger Meter, Inc.

NYSE•BMI
CEO: Mr. Kenneth C. Bockhorst
板块: Technology
行业: Hardware, Equipment & Parts
上市日期: 1983-10-27
Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities market. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. In addition, the company offers ORION Cellular endpoints to power network as a service; ORION mobile read endpoints support for deploying AMR solution; radio products; hardware, instruments, and sensors, and related software, to enhance connected data to a water utility's operation; water quality monitoring solutions, including optical sensing and electrochemical instruments; and high frequency pressure and leak detection sensors to aid in burst pipe and leak events; as well as BEACON, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. The company serves water utilities, commercial, and industrial industries; and provides training, project management, technical support, and other collaborative services for customers. It sells its products and software directly, as well as through resellers and representatives. The company was incorporated in 1905 and is based in Milwaukee, Wisconsin.
联系方式
4545 West Brown Deer Road, P.O. Box 245036, Milwaukee, WI, 53224-9536, United States
414-355-0400
www.badgermeter.com
市值
$4.34B
市盈率 (TTM)
30.5
55.3
股息率
1.0%
52周最高
$256.08
52周最低
$139.14
52周范围
7%
排名19Top 5.6%
6.2
F-Score
改良版 Piotroski 分析
基于 10 年期基本面
强劲 • 6.2 / 9 分
评分区间 (0-9)
8-9: 价值优异
6-7: 基本面强劲
4-5: 整体稳健
0-3: 表现疲弱
数据范围: 2016-2025

财务仪表盘

Q4 2025 数据

营业收入

$220.71M+7.57%
近4季度走势

每股收益

$1.14+8.57%
近4季度走势

自由现金流

$50.77M+7.11%
近4季度走势

2025 Annual 财报亮点

核心亮点

Sales Growth Strong 2025 Net sales reached $916.7M, marking a 10.9% increase over the prior year driven by utility water solutions.
Operating Margin Expansion Noted Operating earnings reached $183.4M, improving margin to 20.0% of sales, up from 19.1% in 2024.
Diluted EPS Increased Significantly Diluted earnings per share grew to $4.79 in 2025, compared to $4.23 reported in the previous year.
SmartCover Acquisition Contributes SmartCover acquisition added $39.7M in revenue over eleven months in 2025, bolstering utility water segment.

关注风险

Raw Material Supply Chain Risks Reliance on single suppliers for castings and components risks higher material costs and short-term operational disruptions.
Economic Conditions Impact Demand Global economic downturns, rising interest rates, and government budget cuts could reduce demand for water utility products.
Technology Obsolescence Threat Inability to maintain competitive advantage against new standards or static metering adoption could adversely affect performance.
Warranty Costs May Increase Product warranty reserve increased to $21.6M in 2025; new technology may cause future claims to exceed estimates.

前瞻展望

SaaS Revenue Growth Focus Revenue from SaaS solutions, including BEACON, increased significantly and remains margin accretive for future growth.
R&D Investment Continues Research and development spending increased to $21.6M in 2025, supporting development of technologically advanced products.
Capital Expenditures Planned Capital expenditures for fiscal 2026 are expected to be in the $15.0M to $19.0M range depending on projects.
Share Repurchase Authorization $75.0M share repurchase authorization remains available through November 2028 to support capital allocation strategy.

同行对比

营业收入 (TTM)

ST stock ticker logoST
$3.71B
-5.8%
VNT stock ticker logoVNT
$3.08B
+3.2%
TTMI stock ticker logoTTMI
$2.91B
+19.0%

毛利率 (最新季度)

VICR stock ticker logoVICR
55.4%
+8.4pp
WEX stock ticker logoWEX
54.4%
-2.2pp
ACIW stock ticker logoACIW
53.0%
-2.6pp

关键指标

股票代码
市值
市盈率 (TTM)
净资产收益率 (TTM)
负债率
TTMI$9.97B56.210.6%29.1%
LFUS$8.13B-112.5-2.8%23.9%
VICR$7.92B67.018.7%1.6%

长期趋势

近4季度
营业收入
净利润
经营现金流
4季度营收复合增长率
-0.2%
基本持平
4季度净利润复合增长率
-4.4%
盈利能力基本稳定
现金流稳定性
100%
现金流表现优异

深度研究

下次财报:2026年4月15日
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