OverviewSuggest Edit

Badger Meter is a company that manufactures and markets flow measurement and control products, serving water and gas utilities, municipalities and industrial customers. Its products can be used to measure a variety of liquids including water, oil, lubricants, chemicals, and more.

TypePublic
Founded1905
HQBrown Deer, WI, US
Websitebadgermeter.com
Employee Ratings3.8
Overall CultureB

Latest Updates

Employees (est.) (Dec 2019)1,567(+3%)
Job Openings58
Revenue (FY, 2020)$425.5 M
Share Price (Oct 2021)$102.9(+3%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Badger Meter

William R.A. Bergum

William R.A. Bergum

Vice President – General Counsel and Secretary
Kenneth C. Bockhorst

Kenneth C. Bockhorst

President And Chief Executive Officer, Chairman of the Board
Karen Bauer

Karen Bauer

Vice President - Investor Relations, Corporate Strategy & Treasurer
Kimberly K. Stoll

Kimberly K. Stoll

Vice President – Sales and Marketing
Gale E. Klappa

Gale E. Klappa

Director
Karen M. Bauer

Karen M. Bauer

Vice President – Investor Relations, Corporate Strategy and Treasurer
Show more

Badger Meter Office Locations

Badger Meter has offices in Brown Deer, Centennial, Los Gatos, Mount Pleasant and in 15 other locations
Brown Deer, WI, US (HQ)
4545 W Brown Deer Rd
Centennial, CO, US
7220 S Fraser St
Los Gatos, CA, US
3 1/2 N Santa Cruz Ave ste b
Mount Pleasant, WI, US
8635 Washington Ave
Mount Pleasant, WI, US
8635 Washington Ave
Nashville, TN, US
5215 Linbar Dr #201
Show all (20)

Badger Meter Financials and Metrics

Badger Meter Revenue

Embed Graph
View revenue for all periods
Badger Meter's revenue was reported to be $425.54 m in FY, 2020
USD

Revenue (Q2, 2021)

122.9m

Gross profit (Q2, 2021)

50.1m

Gross profit margin (Q2, 2021), %

40.8%

Net income (Q2, 2021)

14.0m

EBIT (Q2, 2021)

18.7m

Market capitalization (14-Oct-2021)

3.0b

Closing stock price (14-Oct-2021)

102.9

Cash (30-Jun-2021)

57.4m

EV

3.0b
Badger Meter's current market capitalization is $3 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

402.4m433.7m424.6m425.5m

Revenue growth, %

2%8%(2%)

Cost of goods sold

246.7m271.4m261.1m257.3m

Gross profit

155.7m162.3m163.5m168.2m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

11.2m13.1m48.9m72.3m

Accounts Receivable

58.2m66.3m61.4m61.7m

Prepaid Expenses

4.1m4.5m7.9m5.3m

Inventories

85.2m80.8m81.9m81.6m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

34.6m27.8m47.2m49.3m

Depreciation and Amortization

24.4m24.3m24.1m25.2m

Inventories

(6.2m)4.9m(1.2m)5.1m

Accounts Payable

11.6m(391.0k)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

8.7m19.4m27.3m7.5m13.7m16.6m10.8m22.2m34.9m11.9m21.4m36.2m13.8m27.8m

Depreciation and Amortization

5.9m6.0m9.1m6.7m12.4m18.5m3.0m6.1m8.7m3.0m6.0m9.1m2.9m5.9m

Inventories

7.4m4.8m1.9m265.0k167.0k1.4m166.0k(2.6m)(4.3m)7.4m5.1m5.2m1.3m(4.8m)

Accounts Payable

4.5m9.1m10.9m4.5m3.9m(2.2m)4.3m5.4m
USDQ1, 2017

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.4 x
Show all financial metrics

Badger Meter Operating Metrics

Badger Meter's Backlog was reported to be $27.2m in FY, 2019.
FY, 2014FY, 2015FY, 2016Jun, 2017FY, 2017FY, 2018FY, 2019

Backlog

$33.6 m$35.7 m$40.5 m$28.9 m$29.9 m$27.2 m

Distribution Centers

87

Innovation Centers

2

Manufacturing Facilities

887
Show all operating metrics

Badger Meter Acquisitions / Subsidiaries

Company NameDateDeal Size
Innovative Metering SolutionsApril 02, 2018$8 m
Carolina Meter & Supply IncNovember 01, 2017$6 m
D-Flow Technology, ABApril 26, 2017$23 m
National Meter and AutomationAugust 12, 2014$23 m
AquacueApril 22, 2013$14 m
Racine FederatedJanuary 03, 2012$57 m
Remag AGJuly 18, 2011$5 m
Cox InstrumentsApril 05, 2010$8 m
MecaPlus EquipmentsJune 04, 2002
Data Industrial Corp.March 07, 2002
Show more

Badger Meter Revenue Breakdown

Embed Graph

Badger Meter revenue breakdown by geographic segment: 86.9% from United States and 13.1% from Other

Badger Meter Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Badger Meter Online and Social Media Presence

Embed Graph

Badger Meter Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    D

    58/100

  • Compensation

    A+

    87/100

Learn more on Comparably

Badger Meter News and Updates

Worldwide Gas Meter Industry to 2028 - Featuring ABB, Aclara and Badger Meter Among Others

DUBLIN, Oct. 11, 2021 /PRNewswire/ -- The "Gas Meter Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 2021-2028" report has been added to ResearchAndMarkets.com's offering. The global gas meter market was valued at $5.8 billion in 2020, and is projected to...

Gas Flowmeter Market 2017 Global Manufactures : Flexim Instruments Uk, Badger Meter and Sierra Instruments

Market Research Store added a depth and professional market study report on Global Gas Flowmeter Market 2017. This report also provides more details about Market Size, Share, Analysis, import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. Posted via Industry T…

Badger Meter Frequently Asked Questions

  • When was Badger Meter founded?

    Badger Meter was founded in 1905.

  • Who are Badger Meter key executives?

    Badger Meter's key executives are William R.A. Bergum, Kenneth C. Bockhorst and Karen Bauer.

  • How many employees does Badger Meter have?

    Badger Meter has 1,567 employees.

  • What is Badger Meter revenue?

    Latest Badger Meter annual revenue is $425.5 m.

  • What is Badger Meter revenue per employee?

    Latest Badger Meter revenue per employee is $271.6 k.

  • Who are Badger Meter competitors?

    Competitors of Badger Meter include Powerside, Itron and Watts Water Technologies.

  • Where is Badger Meter headquarters?

    Badger Meter headquarters is located at 4545 W Brown Deer Rd, Brown Deer.

  • Where are Badger Meter offices?

    Badger Meter has offices in Brown Deer, Centennial, Los Gatos, Mount Pleasant and in 15 other locations.

  • How many offices does Badger Meter have?

    Badger Meter has 20 offices.