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Here's How Much a $1000 Investment in Badger Meter Made 10 Years Ago Would Be Worth Today

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For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.

The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.

What if you'd invested in Badger Meter (BMI - Free Report) ten years ago? It may not have been easy to hold on to BMI for all that time, but if you did, how much would your investment be worth today?

Badger Meter's Business In-Depth

With that in mind, let's take a look at Badger Meter's main business drivers.

Incorporated in 1905 and headquartered in Milwaukee, WI, Badger Meter, Inc. is a leading provider of water solutions, which include flow measurement, quality and other system parameters. The company’s products measure water, oil, chemicals, and other fluids and are known for accuracy, long-lasting durability, and for providing valuable and timely measurement data. The company’s cloud-hosted software suite, BEACON, allows consumer engagement tools that permit end-water customers to view and manage their water usage activity. The ORION branded family of radio endpoints includes ORION (ME), ORION (SE) applications, and ORION Cellular for an infrastructure-free AMI solution.

Badger Meter’s product lines fall into two categories — utility water and flow instrumentation. The utility water product line consists of either mechanical or static (ultrasonic) water meters and related radio and software technologies and services that are used by water utilities to generate water and wastewater revenues. Badger Meter estimates that about 70% of water meters installed in the United States have been converted to some form of radio solution technology.

The flow instrumentation product line mainly caters to water applications in the wider industrial markets. This product line consists of meters, valves, and other sensing devices for measuring and controlling the volume of liquids and gases, such as water, air, and steam, that pass through a pipe or pipeline. Badger Meter estimates that more than 95% of its products are used in water-related applications. Typically, flow instrumentation instruments are sold through manufacturers' agents and to original equipment manufacturers as the main flow-measuring component of a system or product.

Bottom Line

Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Badger Meter ten years ago, you're likely feeling pretty good about your investment today.

A $1000 investment made in May 2015 would be worth $7,225.34, or a gain of 622.53%, as of May 9, 2025, according to our calculations. This return excludes dividends but includes price appreciation.

Compare this to the S&P 500's rally of 167.66% and gold's return of 167.29% over the same time frame.

Going forward, analysts are expecting more upside for BMI. Badger Meter’s performance is being driven by steady customer demand for its smart water solutions and disciplined operating execution. The rapid uptake ofcellular AMI solutions, including E-Series ultrasonic meters, ORION Cellular endpoint sales and higher BEACON Software-as-a-Service sales bodes well. The SmartCover buyout boosts its BlueEdge portfolio, contributing $6 million to the quarter's sales. Margins are gaining from a favorable sales and product mix, and cost-saving efforts. Its strong balance sheet aids growth and M&A. It expects high single-digit revenue growth and a gross margin of 38–40% over the long term. Management remains wary of potential macroeconomic woes and tougher year-over-year comparisons in the second quarter. However, supply chain agility, manufacturing footprint and value-based pricing will aid it to counter turbulence. Shares have gained 25.85% over the past four weeks and there have been 3 higher earnings estimate revisions for fiscal 2025 compared to none lower. The consensus estimate has moved up as well.


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