BMI Badger Meter (BMI) Insider Trading, Ownership & Congress Trades
Industrials · Totalizing fluid meters & counting devices · CIK 0000009092
C-suite buying · 1
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
252
13F, latest reported quarter
What the filings say about BMI
Insiders, 180 days
+$101.6K net bought
1 buyer
Badger Meter insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, BADGER METER INC insiders bought a net $101.6K of stock across 49 Form 4 purchases and sales, with 1 insider buying. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 buy), the last on Apr 21, 2026.
- The trade is 38.8% of the 1,937 shares held after it.
- No other insider bought within 30 days.
- 252 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: VP-Engineering Callahan Edward F. bought about $101.6K of BMI on Jul 30, 2026; 252 funds added in the latest 13F quarter.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 buy), the last on Feb 9, 2026.
- The trade is 4.3% of the 23,321 shares held after it.
- 4 other insiders bought within 30 days.
- 252 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP-N.A. Muncipal Utility Wrocklage Robert bought about $122.3K of BMI on Apr 23, 2026; 4 other insiders bought within 30 days and 252 funds added in the latest 13F quarter.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 buy), the last on Feb 5, 2026.
- The trade is 22.4% of the 7,603 shares held after it.
- 4 other insiders bought within 30 days.
- 252 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: VP-Global Operations Htwe Richard bought about $197.4K of BMI on Apr 21, 2026; 4 other insiders bought within 30 days and 252 funds added in the latest 13F quarter.Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 48.3% of the 1,801 shares held after it.
- 4 other insiders bought within 30 days.
- 252 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: VP-Controller Tarantino Christina M. bought about $99.0K of BMI on Apr 21, 2026; 4 other insiders bought within 30 days and 252 funds added in the latest 13F quarter.Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 72.3% of the 1,186 shares held after it.
- 4 other insiders bought within 30 days.
- 252 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: VP-Engineering Callahan Edward F. bought about $99.8K of BMI on Apr 21, 2026; 4 other insiders bought within 30 days and 252 funds added in the latest 13F quarter.49 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net +$101.6K over 180 days
+$101.6K over 90 days
more than 85% of Industrials
Congress
no House purchase disclosed in the last 12 months
Funds
252 funds bought in last quarter
more than 67% of Industrials
Revenue
+10.9% year over year
more than 69% of Industrials
Margin
15.5% net margin
more than 90% of Industrials
Buybacks
$119.0M repurchased, FY to 2026-09-30
more than 63% of Industrials
Short interest
15.7% of the float short (float per yahoo 2026-10-27) · 11.0 days to cover · settled 2026-10-15
more than 98% of Industrials
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch BMI
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-18.0%12M
Insider buyInsider sell
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns BMI: institutional holders (13F)
13F holdings, latest reported quarter
4,892,342 sh
$725.9M
2,504,823 sh
$371.7M
1,651,414 sh
$245.0M
1,317,325 sh
$195.5M
1,008,392 sh
$149.6M
Congress trades in BMI
No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
BMI planned insider sales (Form 144)
No planned-sale notices
No insider has filed to sell. Watch this after a run-up.
BMI mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Needham Small Cap Growth Fund
$21.5M position · as of 2026-06-30
5.2%
Pear tree essex environmental opportunities fund
$1.3M position · as of 2026-06-30
3.8%
MONONGAHELA ALL CAP VALUE FUND
$1.5M position · as of 2026-07-31
3.1%
GMO Small Cap Quality Fund
$19.1M position · as of 2026-05-31
2.7%
ProShares S&P Technology Dividend Aristocrats ETF
$7.2M position · as of 2026-05-31
2.5%
Brown Capital Management Small Company Fund
$6.9M position · as of 2026-06-30
2.2%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$5.9M
$6.3M
$1.2M
+92%
+78%
2024
$5.1M
$9.6M
$1.1M
+132%
+54%
2023
$4.5M
$8.0M
$931.6K
+68%
+26%
2022
$3.9M
$4.5M
$809.6K
+18%
-5%
2021
$3.7M
$4.8M
$802.4K
+14%
+23%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders are net buyers of their own stock.
The record shows a net $101.6K bought by insiders over 180 days, 252 funds added last quarter. Each figure is a federal filing, dated the day it went public.
BMI financials
Revenue growth
+10.9%
XBRL, annual
Net margin
15.5%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$881.2M
four quarters, 2025-10-01 to 2026-09-30
Revenue, TTM BMI
| FY Dec 2025 | $916.7M |
| FY Dec 2024 | $826.6M |
| FY Dec 2023 | $703.6M |
| FY Dec 2022 | $565.6M |
| FY Dec 2021 | $505.2M |
| Sep 2026 | $235.9M |
| Jun 2026 | $222.3M |
| Mar 2026 | $202.3M |
| Dec 2025 | $220.7M |
| Sep 2025 | $235.7M |
| Jun 2025 | $238.1M |
| Mar 2025 | $222.2M |
| Dec 2024 | $205.2M |
At each fiscal year end
Single quarter
Net margin, TTM
+14.4%
net income over revenue, 2025-10-01 to 2026-09-30
Net margin, TTM BMI
| FY Dec 2025 | +15.5% |
| FY Dec 2024 | +15.1% |
| FY Dec 2023 | +13.2% |
| FY Dec 2022 | +11.8% |
| FY Dec 2021 | +12.1% |
| Sep 2026 | +15.2% |
| Jun 2026 | +13.4% |
| Mar 2026 | +13.5% |
| Dec 2025 | +15.2% |
| Sep 2025 | +14.9% |
| Jun 2025 | +14.5% |
| Mar 2025 | +17.3% |
| Dec 2024 | +15.0% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$142.4M
operating cash flow minus capex, 2025-10-01 to 2026-09-30
Free cash flow, TTM BMI
| FY Dec 2025 | $169.7M |
| FY Dec 2024 | $142.2M |
| FY Dec 2023 | $98.1M |
| FY Dec 2022 | $76.6M |
| FY Dec 2021 | $80.8M |
| Sep 2026 | $40.3M |
| Jun 2026 | $21.9M |
| Mar 2026 | $29.5M |
| Dec 2025 | $50.8M |
| Sep 2025 | $48.2M |
| Jun 2025 | $40.6M |
| Mar 2025 | $30.1M |
| Dec 2024 | $47.4M |
At each fiscal year end
Single quarter
Debt to equity
0.00x
current debt only, 2025-12-31 (9 months older than the period end); equity 2026-09-30
Debt to equity BMI
| FY Dec 2025 | 0.00x |
| FY Dec 2024 | 0.00x |
| FY Dec 2023 | 0.00x |
| FY Dec 2022 | 0.00x |
| FY Dec 2021 | 0.00x |
| Sep 2026 | 0.00x |
| Jun 2026 | 0.00x |
| Mar 2026 | 0.00x |
| Dec 2025 | 0.00x |
| Sep 2025 | 0.00x |
| Jun 2025 | 0.00x |
| Mar 2025 | 0.00x |
| Dec 2024 | 0.00x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
n/a
no debt to cover
Cash flow to debt BMI
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Sep 2026 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+18.7%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on equity BMI
| FY Dec 2025 | +21.5% |
| FY Dec 2024 | +22.3% |
| FY Dec 2023 | +19.3% |
| FY Dec 2022 | +15.7% |
| FY Dec 2021 | +15.9% |
| Sep 2026 | +18.7% |
| Jun 2026 | +18.5% |
| Mar 2026 | +19.6% |
| Dec 2025 | +21.5% |
| Sep 2025 | +21.5% |
| Jun 2025 | +21.9% |
| Mar 2025 | +22.8% |
| Dec 2024 | +22.3% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+13.2%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on assets BMI
| FY Dec 2025 | +15.8% |
| FY Dec 2024 | +16.3% |
| FY Dec 2023 | +14.0% |
| FY Dec 2022 | +11.7% |
| FY Dec 2021 | +12.2% |
| Sep 2026 | +13.2% |
| Jun 2026 | +13.0% |
| Mar 2026 | +14.0% |
| Dec 2025 | +15.8% |
| Sep 2025 | +15.6% |
| Jun 2025 | +15.8% |
| Mar 2025 | +16.3% |
| Dec 2024 | +16.3% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+20.5%
operating income after a 25.0% effective tax rate, over current debt only, 2025-12-31 (9 months older than the period end) plus average of 2025-09-30 and 2026-09-30 minus cash
Return on invested capital BMI
| FY Dec 2025 | +23.4% |
| FY Dec 2024 | +24.1% |
| FY Dec 2023 | +21.9% |
| FY Dec 2022 | +18.8% |
| FY Dec 2021 | +20.2% |
| Sep 2026 | +20.5% |
| Jun 2026 | +20.1% |
| Mar 2026 | +21.3% |
| Dec 2025 | +23.4% |
| Sep 2025 | +23.2% |
| Jun 2025 | +23.7% |
| Mar 2025 | +24.7% |
| Dec 2024 | +24.1% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+20.4%
operating income (EBIT proxy) over average of 2025-09-30 and 2026-09-30 minus current liabilities
Return on capital employed BMI
| FY Dec 2025 | +24.1% |
| FY Dec 2024 | +24.6% |
| FY Dec 2023 | +21.9% |
| FY Dec 2022 | +18.5% |
| FY Dec 2021 | +18.5% |
| Sep 2026 | +20.4% |
| Jun 2026 | +20.2% |
| Mar 2026 | +21.7% |
| Dec 2025 | +24.1% |
| Sep 2025 | +24.0% |
| Jun 2025 | +24.2% |
| Mar 2025 | +25.0% |
| Dec 2024 | +24.6% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
35.05x
close 2026-10-27 over four quarters of diluted EPS, 2025-10-01 to 2026-09-30
P/E, trailing BMI
| FY Dec 2025 | 36.34x |
| FY Dec 2024 | 50.15x |
| FY Dec 2023 | 49.16x |
| FY Dec 2022 | 48.03x |
| FY Dec 2021 | 51.23x |
| Sep 2026 | 28.53x |
| Jun 2026 | 34.67x |
| Mar 2026 | 34.39x |
| Dec 2025 | 36.34x |
| Sep 2025 | 38.00x |
| Jun 2025 | 53.37x |
| Mar 2025 | 41.91x |
| Dec 2024 | 50.15x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$4.2B
market value at close 2026-10-27 on 2026-10-09 shares, plus current debt only, 2025-12-31 (9 months older than the period end), minus cash 2022-03-31
Enterprise value BMI
| FY Dec 2025 | $5.1B |
| FY Dec 2024 | $6.1B |
| FY Dec 2023 | $4.4B |
| FY Dec 2022 | $3.1B |
| FY Dec 2021 | $3.0B |
| Sep 2026 | $3.5B |
| Jun 2026 | $4.2B |
| Mar 2026 | $4.4B |
| Dec 2025 | $5.1B |
| Sep 2025 | $5.2B |
| Jun 2025 | $7.1B |
| Mar 2025 | $5.5B |
| Dec 2024 | $6.1B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+3.3%
TTM free cash flow over market value at close 2026-10-27
FCF yield BMI
| FY Dec 2025 | +3.3% |
| FY Dec 2024 | +2.3% |
| FY Dec 2023 | +2.2% |
| FY Dec 2022 | +2.4% |
| FY Dec 2021 | +2.6% |
| Sep 2026 | +4.0% |
| Jun 2026 | +3.5% |
| Mar 2026 | +3.8% |
| Dec 2025 | +3.3% |
| Sep 2025 | +3.2% |
| Jun 2025 | +2.2% |
| Mar 2025 | +2.7% |
| Dec 2024 | +2.3% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing EPS growth -8%, PEG needs growth
PEG, trailing BMI
| FY Dec 2025 | 2.70x |
| FY Dec 2024 | 1.44x |
| FY Dec 2023 | 1.28x |
| FY Dec 2022 | 5.26x |
| FY Dec 2021 | 2.29x |
| Sep 2026 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | 2.70x |
| Sep 2025 | 2.29x |
| Jun 2025 | 2.69x |
| Mar 2025 | 1.36x |
| Dec 2024 | 1.44x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-27. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $916.7M | $826.6M | $703.6M | $565.6M |
| Gross profit | $382.1M | $329.2M | $276.4M | $220.0M |
| Operating income | $183.4M | $157.9M | $118.0M | $87.3M |
| Net income | $141.6M | $124.9M | $92.6M | $66.5M |
| EPS (diluted) | 4.79 | 4.23 | 3.14 | 2.26 |
| Operating cash flow | $183.7M | $155.0M | $110.1M | $82.5M |
| Buybacks | $15.0M | $0 | $0 | $427.0K |
| Dividends paid | $43.5M | $35.8M | $29.1M | $24.9M |
SEC XBRL, fiscal years, as known on 2026-10-28
BMI Stock Sonar score 6/7 axes
Find similar shapesCompareBMI ranks highest on financial health (99th percentile) and profitability (85th), and lowest on institutional and government (48th), among Industrials peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
BMI filings, in plain words
Are Badger Meter insiders buying or selling BMI?
In the 180 days to 2026-10-28, Badger Meter insiders were net buyers, a net $101.6K across purchases and sales reported on Form 4, by 1 buyer.
Read the full summary
In the 180 days to 2026-10-28, Badger Meter insiders were net buyers of BMI, a net $101.6K across purchases and sales reported on Form 4 by 1 buyer. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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