Badger Meter Inc. (BMI) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$149.68 +3.91% NYSE • Public Delayed / 60s Snapshot

Badger Meter Inc. (BMI) earns a Roarable Rating of B (Buy) with 73/100 RQD Confidence. High-quality cash engine (42% profit margin, 18% return on capital) with steady institutional support. Even if the broader market gets choppy, the company’s underlying cash engine and big-money support put the odds in buyers’ favor.

ROARABLE B • BUY Cap $4.28B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERBUY • B
025507510073
2-of-3 JEV AI Jury Bullish
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw C+ · Rk A-
Cash (18)Whales (10)SEC (16)Macro (17)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+6.7% Base Target
$202 Bull$160 Base$123 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:57% Call Buyers ($2.6M)
43% PutsMax Pain: $147.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How BMI Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$169.7M (18.5% FCF Margin)
Revenue$916.7MGross Profit $382.1M (41.7%)Cost of Sales $534.6MOp Profit $183.4M (20%)OpEx (R&D/SG&A) $198.6MNet Profit$141.6M (15.5%)Tax/Other $41.8M

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $703.6M
FY24
Rev $826.6M
FY25
Rev $916.7M
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$916.7M41.7%20%$141.6M$169.7M17.4%
FY 2024$826.6M39.8%19.1%$124.9M$142.2M17.6%
FY 2023$703.6M44%16.8%$92.6M$78.5M6.6%
🔴 SUNDAY NIGHT PREP • 7:00 PM ETHosted Live by Perry Belcher & Guest Forensic Quant Desk

Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring BMI)

  • ✓Live walkthrough of BMI's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
  • ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
RQD INSIDER CLUB UPGRADE$49/YEAR
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BMI // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +22.72%📐 HORIZONTAL RANGE
2026-10-30O $148.9H $151.1L $146.7C $148.4VOL 466.1K
RES: $159.6SUP: $122.5SMA50: $132.7SMA200: $138.6
$175.0$158.5$142.0$125.4$108.9RES $159.6SUP $122.5$148.42026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

BMI Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
23.3%/yr Implied 5Y Growth

vs. +10.9% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on BMI today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for BMI. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for BMI today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

BMI Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Badger Meter Inc. (BMI)?

In FY 2025 (10-K), BMI converted $916.7M of revenue into a 41.7% gross margin, 20% operating margin, and $169.7M in free cash flow (18.5% FCF margin).