Badger Meter Inc (N:BMI)

Sector:  Industrials Industry:  Industrial Machinery & Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 4545 W Brown Deer Rd
MILWAUKEE WI 53223
Tel: 1-414-2178618
Website: https://www.badgermeter.com
IR: See website
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Key People
Kenneth C. Bockhorst
Chairman of the Board, President, Chief Executive Officer
Lars Bo Kristensen
Vice President - Global Flow Instrumentation and International Utility
Robert A. Wrocklage
Senior Vice President, Chief Financial Officer
William R. A. Bergum
Vice President, General Counsel and Secretary
Daniel R. Weltzien
Vice President, Controller
Karen M. Bauer
Vice President - Investor Relations, Corporate Strategy and Treasurer
Kimberly K. Stoll
Vice President - Sales and Marketing
Sheryl L. Hopkins
Vice President of Human Resources
Fred J. Begale
Vice President - Engineering
Richard Htwe
Vice President - Global Operations
   
Business Overview
Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement, quality, control and other system solutions serving markets worldwide. Its solutions encompass smart measurement hardware, reliable communications, data and analytics software as well as ongoing support to optimize customers' operations. Its smart measurement hardware is primarily comprised of product families, such as meters that measure the flow of water and other fluids, water quality monitoring solutions, including optical sensing and electrochemical instruments that provide real-time, on-demand data parameters, and high frequency pressure and acoustic leak detection hardware that provides real-time monitoring data. It offers a range of communication solutions, which include the ORION branded family of radio endpoints, for communicating data from hardware into usable applications. It also offers training, project management, technical support and other collaborative services for customers.
Financial Overview
For the fiscal year ended 31 December 2023, Badger Meter Inc revenues increased 24% to $703.6M. Net income increased 39% to $92.6M. Revenues reflect United States segment increase of 26% to $621.2M, Europe segment increase of 36% to $39.1M. Net income benefited from Interest expense, net increase from $552K to $4M (income). Dividend per share increased from $0.85 to $0.99.
Employees: 2,140 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $4,304M as of Dec 31, 2023
Annual revenue (TTM): $703.59M as of Dec 31, 2023
EBITDA (TTM): $146.16M as of Dec 31, 2023
Net annual income (TTM): $92.60M as of Dec 31, 2023
Free cash flow (TTM): $69.06M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 29,352,121 as of Jan 31, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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