Quick10K

Badger Meter

Market

Closing Price ($)	Shares Out (MM)	Market Cap ($MM)
$51.39	29	$1,496

Financial Filings

10-Q	2019-09-30	Quarter: 2019-09-30
10-Q	2019-06-30	Quarter: 2019-06-30
10-Q	2019-03-31	Quarter: 2019-03-31
10-K	2018-12-31	Annual: 2018-12-31
10-Q	2018-09-30	Quarter: 2018-09-30
10-Q	2018-06-30	Quarter: 2018-06-30
10-Q	2018-03-31	Quarter: 2018-03-31
10-K	2017-12-31	Annual: 2017-12-31
10-Q	2017-09-30	Quarter: 2017-09-30
10-Q	2017-06-30	Quarter: 2017-06-30
10-Q	2017-03-31	Quarter: 2017-03-31
10-K	2016-12-31	Annual: 2016-12-31
10-Q	2016-09-30	Quarter: 2016-09-30
10-Q	2016-06-30	Quarter: 2016-06-30
10-Q	2016-03-31	Quarter: 2016-03-31
10-K	2015-12-31	Annual: 2015-12-31
10-Q	2015-09-30	Quarter: 2015-09-30
10-Q	2015-06-30	Quarter: 2015-06-30
10-Q	2015-03-31	Quarter: 2015-03-31
10-K	2014-12-31	Annual: 2014-12-31
10-Q	2014-09-30	Quarter: 2014-09-30
10-Q	2014-06-30	Quarter: 2014-06-30
10-Q	2014-03-31	Quarter: 2014-03-31
10-K	2013-12-31	Annual: 2013-12-31

Current Reports

8-K	2019-12-03	Officers, Exhibits
8-K	2019-07-18	Earnings, Exhibits
8-K	2019-04-30	Shareholder Vote
8-K	2019-04-17	Earnings, Exhibits
8-K	2019-03-08	Officers
8-K	2019-03-01	Officers, Exhibits
8-K	2019-02-27	Officers, Exhibits
8-K	2019-02-05	Earnings, Exhibits
8-K	2018-12-28	Officers, Regulation FD, Other Events, Exhibits
8-K	2018-10-17	Earnings, Exhibits
8-K	2018-09-24	Officers, Regulation FD, Exhibits
8-K	2018-07-18	Earnings, Exhibits
8-K	2018-04-27	Officers, Shareholder Vote, Other Events, Exhibits
8-K	2018-04-17	Earnings, Exhibits
8-K	2018-02-09	Officers
8-K	2018-02-05	Earnings, Exhibits

Badger Meter Financials

BMI Metrics, Comps, Filings

Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarter)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarter)

Operating, Investing, Financing

Comps ($MM TTM)	Market Cap	Assets	Liabilities	Revenue	Gross Profit	Net Income	EBITDA	EV
LG Display (LPL)	2,909	33,175,710	18,289,464	0	0	0	0	2,909
Apergy (APY)	2,443	1,975	944	1,235	434	95	119	3,043
Advanced Energy Industries (AEIS)	2,075	866	210	603	291	101	130	1,716
Evoqua Water Technologies (AQUA)	1,536	1,671	1,308	1,398	402	-14	158	2,436
SPX (SPXC)	1,844	2,067	1,631	1,524	414	64	125	2,137
Arcosa (ACA)	1,790	2,172	438	1,598	300	90	175	1,813
Badger Meter (BMI)	1,679	405	88	423	165	36	47	1,655
SPX Flow (FLOW)	1,633	2,574	1,515	1,945	613	89	218	2,137
Alamo Group (ALG)	1,156	867	324	1,061	266	76	122	1,274
Atkore (ATKR)	1,193	1,413	1,210	1,892	465	126	228	1,977
Actuant (ATU)	1,485	1,393	786	1,161	423	-20	20	1,761
IMAX (IMAX)	1,181	876	265	376	202	38	60	1,098
Vicor (VICR)	1,222	231	36	281	133	27	38	1,151
Tennant (TNC)	1,084	1,071	736	1,121	449	38	120	1,374
Milacron Holdings (MCRN)	932	1,731	1,199	1,140	358	24	45	1,606
MRC Global (MRC)	1,047	2,629	1,957	4,034	691	76	159	1,750
MTS Systems (MTSC)	1,136	1,257	763	866	327	49	98	1,532
Kornit Digital (KRNT)	665	215	36	0	0	0	0	591
Varex Imaging (VREX)	1,152	1,044	595	783	244	8	74	1,538
Lindsay (LNN)	864	506	236	465	115	6	36	870

Balance Sheet ($MM)	2011-12-31	2012-03-31	2012-06-30	2012-09-30	2012-12-31	2013-03-31	2013-06-30	2013-09-30	2013-12-31	2014-03-31	2014-06-30	2014-09-30	2014-12-31	2015-03-31	2015-06-30	2015-09-30	2015-12-31	2016-03-31	2016-06-30	2016-09-30	2016-12-31	2017-03-31	2017-06-30	2017-09-30	2017-12-31	2018-03-31	2018-06-30	2018-09-30	2018-12-31	2019-03-31	2019-06-30
Cash	5	7	7	6	7	4	3	5	7	6	7	10	7	8	13	4	8	10	7	11	7	11	14	13	11	14	12	11	13	15	24
Accounts Receivable	41	51	52	54	46	47	53	56	50	55	61	58	54	53	62	60	57	59	61	58	60	66	64	69	58	63	65	70	66	68	60
Inventory	49	58	61	60	61	59	54	54	61	64	63	64	72	72	72	76	79	76	81	82	78	70	74	77	85	85	86	84	81	81	83
PP&E	145	151	151	150	153	155	157	159	164	168	170	171	177	180	184	188	194	196	198	199	201	204	208	210	212	216	216	214	214	215	213
Assets	219	297	298	297	290	287	302	309	316	324	329	331	341	342	357	353	355	356	358	357	350	354	379	386	392	395	401	401	393	403	405
Accounts Payable	11	18	19	21	16	17	20	19	19	17	18	19	16	18	23	19	19	19	22	19	18	22	24	27	29	24	28	25	22	26	30
Long-Term Debt
Liabilities	40	129	138	130	119	114	124	123	119	124	122	116	127	127	134	123	123	118	112	105	93	93	109	112	114	115	113	106	89	95	88
Stockholders' Equity	179	168	160	167	171	173	178	186	197	200	207	214	214	216	224	229	232	239	246	253	256	261	269	274	277	281	288	295	304	309	316

Income Statement ($MM)	2011-12-31	2012-03-31	2012-06-30	2012-09-30	2012-12-31	2013-03-31	2013-06-30	2013-09-30	2013-12-31	2014-03-31	2014-06-30	2014-09-30	2014-12-31	2015-03-31	2015-06-30	2015-09-30	2015-12-31	2016-03-31	2016-06-30	2016-09-30	2016-12-31	2017-03-31	2017-06-30	2017-09-30	2017-12-31	2018-03-31	2018-06-30	2018-09-30	2018-12-31	2019-03-31	2019-06-30
Revenue		76	82	87	74	72	88	93	81	83	96	96	89	84	99	99	96	101	104	96	93	102	104	100	97	105	114	111	104	105	104
Cost of Revenue		47	52	53	45	47	58	60	52	55	61	60	58	54	64	63	61	62	64	58	60	63	63	63	58	68	72	67	64	64	63
Gross Profit		29	30	34	29	25	30	33	29	29	35	36	31	30	35	36	34	39	39	39	34	39	41	37	39	37	42	44	40	40	40
R&D
SG&A		19	19	20		20	20	19	19	21	21	20	23	23	23	22	25	26	24	25	24	25	24	25	26	27	25	28	25	26	25
Tax		4	4	5		2	4	5	4	3	5	5	2	3	4	5	4	5	5	5	3	5	6	4	6	2	2	1	3	3	4
Net Income		6	7	9	5	3	6	9	6	5	9	10	6	4	8	8	5	8	9	9	6	9	11	8	7	8	6	3	11	11	11

Cash Flow ($MM)	2011-12-31	2012-03-31	2012-06-30	2012-09-30	2012-12-31	2013-03-31	2013-06-30	2013-09-30	2013-12-31	2014-03-31	2014-06-30	2014-09-30	2014-12-31	2015-03-31	2015-06-30	2015-09-30	2015-12-31	2016-03-31	2016-06-30	2016-09-30	2016-12-31	2017-03-31	2017-06-30	2017-09-30	2017-12-31	2018-03-31	2018-06-30	2018-09-30	2018-12-31	2019-03-31	2019-06-30
Cash Operating		10	4	10		4	11	14	6	1	11	16	8	7	12	9	8	18	10	12	16	12	25	9	4	7	18	15	20	18	23
Cash Investing		-52	-2	-2		-3	-13	-8	-6	-3	-4	-3	-23	-3	-4	-9	-6	-3	-2	-2	-5	-4	-21	-5	-6	-3	-10	-2	-1	-2	-2
Cash Financing		43	-1	-9		-4	1	-4	3	2	-7	-9	12	-2	-4	-9	2	-13	-10	-7	-15	-5	-2	-5	1	-2	-9	-14	-17	-14	-12