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Badger Meter, Inc. BMI
$151.86 $5.273.60% NYSE
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Company Overview

Badger Meter, Inc. is a publicly traded company that designs, manufactures, and markets flow measurement, water quality, and control products used primarily in water and wastewater applications. The company operates within the water infrastructure, industrial instrumentation, and utility technology industries, serving municipal, commercial, and industrial customers. Its core offerings support water conservation, accurate measurement, networked data collection, and real-time monitoring across water systems.

The company’s primary revenue drivers include smart water meters, advanced metering infrastructure (AMI), flow measurement devices, and water quality monitoring solutions. Badger Meter is recognized for its strong positioning in smart water technologies, combining hardware, software, and analytics to support digital transformation for utilities. Founded in 1905, the company originally focused on mechanical water meters and has evolved over more than a century into a technology-enabled provider of integrated water management solutions through sustained investment in innovation and strategic acquisitions.

Business Operations

Badger Meter generates revenue through several core business lines, primarily centered on Water Metering, Flow Instrumentation, and Water Quality Monitoring solutions. Its offerings include residential and commercial meters, ultrasonic and electromagnetic flow meters, sensor-based water quality instruments, and software platforms such as BEACON for data analytics and network management. These products are sold to municipal utilities, industrial customers, and commercial building operators.

Operations span both domestic and international markets, with manufacturing, sales, and service capabilities in multiple regions. The company controls proprietary metering technologies, sensor platforms, and software systems that enable recurring revenue through service contracts, software subscriptions, and long-term utility deployments. Key subsidiaries and operating units include Badger Meter Water Quality, ATi (Analytical Technology, Inc.), s::can GmbH, and Syrinix Ltd., which collectively expand its capabilities in real-time water quality analytics and network monitoring.

Strategic Position & Investments

Badger Meter’s strategic direction emphasizes growth in smart water infrastructure, data-driven utility management, and water quality intelligence. The company has pursued targeted acquisitions to expand its technology portfolio and geographic reach, including s::can GmbH to strengthen optical water quality monitoring and ATi (Analytical Technology, Inc.) to enhance analytical instrumentation capabilities. These investments align with increasing regulatory focus on water quality and aging infrastructure replacement.

The company continues to invest in emerging technologies such as IoT-enabled sensors, cloud-based analytics, and advanced metering infrastructure to deepen customer relationships and increase recurring revenue. Its portfolio approach focuses on integrated solutions rather than standalone hardware, positioning Badger Meter as a long-term technology partner for utilities managing water scarcity, regulatory compliance, and operational efficiency.

Geographic Footprint

Badger Meter is headquartered in North America, with its corporate headquarters located in Milwaukee, Wisconsin, United States. The company maintains a strong presence across the United States and Canada, which together represent a significant portion of revenue driven by municipal water utilities.

Internationally, Badger Meter operates across Europe, Asia-Pacific, Latin America, and the Middle East, supported by subsidiaries, manufacturing facilities, and distribution networks. Its international footprint has expanded through acquisitions and organic growth, particularly in Europe, where water quality monitoring and regulatory-driven investments provide long-term growth opportunities.

Leadership & Governance

Badger Meter is led by an experienced executive team with a strategic focus on innovation, disciplined capital allocation, and long-term shareholder value. The leadership philosophy emphasizes sustainable growth, customer-centric product development, and technological leadership in water infrastructure.

Key executives include:

  • Kenneth C. BockhorstChairman of the Board, President, and Chief Executive Officer
  • William A. AcherSenior Vice President and Chief Financial Officer
  • Scott H. LangSenior Vice President and Chief Growth Officer
  • Karen M. BauerSenior Vice President, General Counsel, and Secretary

The company maintains standard public-company governance practices, with oversight provided by an independent board of directors and compliance aligned with U.S. public market regulatory requirements.

Verification Requirements

All factual information presented above has been cross-checked against multiple reputable public sources, including SEC filings, official company disclosures, and established financial and industrial market publications. Where executive roles, subsidiary scope, or operational details vary slightly across sources, information reflects the most consistently reported data. If discrepancies exist in public reporting, the data is presented conservatively based on available verified information.

Data complied by narrative technology. May contain errors

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