Badger Meter, Inc. (NYSE:BMI) is a leading company in the manufacturing of flow measurement and control products, catering to water utilities, municipalities, and industrial customers. BMI competes with major players like IDEX Corporation and Roper Technologies in the flow measurement and control industry.
On July 22, 2025, BMI reported an earnings per share (EPS) of $1.12, which was below the estimated $1.19. However, the company exceeded revenue expectations, reporting $238.1 million compared to the estimated $236.9 million. This revenue figure represents a 10% increase from the previous year's $216.7 million, showcasing BMI's growth in sales.
The company reported a diluted EPS of $1.17 for the second quarter ending June 30, 2025, reflecting a 4% increase from the prior year quarter. This indicates a positive trend in BMI's earnings over time.
BMI's operating earnings rose by 8% year-over-year, reaching $44.9 million. However, the operating profit margins slightly decreased to 18.8% from 19.2% in the same quarter last year. This suggests that while the company is generating more revenue, its costs have also increased, affecting its profit margins.
The company's financial ratios provide insight into its valuation and financial health. BMI has a price-to-earnings (P/E) ratio of approximately 45.55, indicating that investors are willing to pay a premium for its earnings. The price-to-sales ratio stands at about 7.09, while the enterprise value to sales ratio is around 6.90. Additionally, BMI has an earnings yield of about 2.20% and a current ratio of 3.23, indicating its ability to cover short-term liabilities with its short-term assets.
