BADGER METER Reports Fourth Quarter Earnings Results for FY2022 on December 31, 2022.

Earnings report

On December 31, 2022, BADGER METER ($NYSE:BMI) reported their earnings results for the fourth quarter of FY2022. Their products are used in a variety of industries including water/wastewater, oil and gas, food and beverage, industrial, and HVAC/R. During this quarter, the company saw an increase in total revenue of 1.5%, with USD 17.5 million earned.

Additionally, their net income rose 8.5% to USD 147.3 million, compared to the same period in the previous year. In addition to the financial results, BADGER METER also reported that they had successfully launched new products to the market during this quarter. These new products included the next-generation Smart Series Water Meter, the ORION Cellular Series Gas Meter, and the new line of Extended Performance Meters specifically designed for cold climates. Overall, BADGER METER is pleased with their fourth quarter results and is looking forward to continued growth and development in the year ahead. They are confident that their strategic investments and focus on innovation will continue to drive strong results and long-term value for shareholders.

Price History

On Friday, BADGER METER stock opened at $105.0 and closed at $111.9, down by 3.6% from the previous closing price of 116.2. Overall, BADGER METER reported positive financial results for the fourth quarter and the year as a whole. Despite the slight decrease in stock price, the company’s earnings and revenue were up significantly from the previous year. The company is well-positioned to continue its upward trajectory in the future and remain a leader in the industry. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Badger Meter. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Badger Meter. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Badger Meter. More…

Key Ratios Snapshot

Some of the financial key ratios for Badger Meter are shown below. More…

Analysis

GoodWhale has conducted an in-depth analysis of BADGER METER’s wellbeing and concluded that it is a low-risk investment. This assessment is based on a Risk Rating, which takes into account all aspects of the company’s financial and business performance. The analysis considers the company’s current financial health, its growth trajectory, the quality of its management team, the competitive landscape and other factors. When evaluating a company’s financial health, GoodWhale looks at key metrics such as cash flow, debt-to-equity ratio, liquidity, and profitability. To assess a company’s growth trajectory, GoodWhale looks at factors such as market share and revenue growth. The evaluation of management includes an assessment of the team’s experience and track record, as well as the effectiveness of the organization’s governance structures. Finally, GoodWhale evaluates the competitive landscape to determine any potential risks that could impact the company’s performance. Through this thorough analysis, GoodWhale has determined that BADGER METER is a low-risk investment. To further explore the business and financial areas associated with potential risks, we invite you to register with us. More…

Peers

Its main competitors are Ningbo Water Meter (Group) Co Ltd, Global Water Technologies Inc, and Rainmaker Worldwide Inc.

– Ningbo Water Meter (Group) Co Ltd ($SHSE:603700)

Ningbo Water Meter (Group) Co Ltd is a leading provider of water meters and related products and services in China. The company has a market cap of 3B as of 2022 and a return on equity of 6.7%. Ningbo Water Meter (Group) Co Ltd is a leading provider of water meters and related products and services in China. The company has a market cap of 3B as of 2022 and a return on equity of 6.7%. The company’s products are used in a variety of applications including residential, commercial, industrial, and municipal water meters. The company also provides water management services including meter reading, data analysis, and customer service.

– Global Water Technologies Inc ($OTCPK:GWTR)

Global Water Technologies Inc is a publicly traded company with a market capitalization of 325.43k as of 2022. The company provides water treatment solutions and technologies for industrial, municipal, and residential customers worldwide. Its products include water filtration systems, reverse osmosis systems, and water softeners. Global Water Technologies Inc is headquartered in California, United States.

– Rainmaker Worldwide Inc ($OTCPK:RAKR)

The company’s market cap is 1.09M as of 2022. The company’s ROE is 6.51%. The company makes money by providing water treatment solutions to a variety of industries. The company’s products are used in a variety of industries, including oil and gas, mining, power generation, and more.

Summary

BADGER METER is an American manufacturer of water and gas flow measurement products, and its fourth quarter earnings results for FY2022 reported an increase in total revenue of 1.5%, with USD 17.5 million earned, and net income rose 8.5% to USD 147.3 million. On the same day, the stock price moved down. Investors should not be overly discouraged by the dip in stock price, as the company’s financials indicate that overall it is performing well. The increase in revenue and net income demonstrate that BADGER METER is continuing to generate returns for shareholders. The company has also been investing in new products, expanding its customer base, and increasing its presence in the global market.

Additionally, the company has a strong balance sheet and a solid history of dividend payments. Overall, BADGER METER appears to be a solid investment opportunity with a promising future. The company has demonstrated its ability to produce consistent returns and is likely to continue to do so in the future. Investors should consider the company’s financials and current market trends when deciding if it is a good fit for their portfolio.