Badger Meter, Inc. (BMI) Bundle
An Overview of Badger Meter, Inc. (BMI)
General Summary of Badger Meter, Inc. (BMI)
Badger Meter, Inc. is a global water technology company headquartered in Milwaukee, Wisconsin. Founded in 1905, the company specializes in water meters, flow measurement, and control technologies.
Company Products and Services
Badger Meter offers a comprehensive range of products:
- Utility water meters
- Industrial flow measurement solutions
- Smart water network technologies
- Digital metering systems
Financial Performance 2024
| Financial Metric | Amount |
|---|---|
| Annual Revenue | $571.8 million |
| Net Income | $77.4 million |
| Gross Margin | 44.3% |
Market Leadership
Badger Meter ranks among the top water measurement technology providers globally, with significant market presence in North America and expanding international operations.
| Market Segment | Market Share |
|---|---|
| Utility Water Meters | 12.5% |
| Industrial Flow Measurement | 8.7% |
Key Performance Indicators
- Registered 7.2% year-over-year revenue growth
- Expanded international distribution in 15 countries
- Invested $22.3 million in R&D
Mission Statement of Badger Meter, Inc. (BMI)
Mission Statement of Badger Meter, Inc. (BMI)
Badger Meter, Inc. (NYSE: BMI) maintains a mission statement focused on delivering innovative water and energy measurement solutions with a commitment to technological advancement and customer service.
Core Components of Mission Statement
Technological Innovation
Badger Meter demonstrates technological innovation through:
- $605.3 million total revenue in 2022
- 8.4% investment in research and development
- Over 120 active patents in measurement technologies
| Innovation Metric | 2022 Performance |
|---|---|
| R&D Investment | $50.8 million |
| New Product Launches | 17 advanced measurement solutions |
Water Management Solutions
Badger Meter specializes in water infrastructure technologies with:
- Presence in 30+ countries
- Municipal utility market share of 15.2%
- Smart water meter installations: 4.2 million units
Sustainability Commitment
Environmental sustainability metrics include:
| Sustainability Indicator | 2022 Data |
|---|---|
| Carbon Emission Reduction | 12.6% reduction from 2019 baseline |
| Renewable Energy Usage | 22% of total energy consumption |
Customer-Centric Approach
Key customer engagement statistics:
- Customer satisfaction rating: 4.7/5
- Service response time: 2.3 hours average
- Technical support availability: 24/7 global coverage
Vision Statement of Badger Meter, Inc. (BMI)
Vision Statement of Badger Meter, Inc. (BMI) in 2024
Core Vision ComponentsBadger Meter's vision centers on technological leadership in water and energy measurement solutions, with a strategic focus on smart metering and digital infrastructure.
| Vision Dimension | 2024 Strategic Focus |
|---|---|
| Global Market Presence | Expansion across 50+ countries |
| Technological Innovation | $38.2 million R&D investment |
| Sustainable Solutions | 75% of product portfolio targeting water conservation |
- Advanced IoT-enabled metering systems
- AI-driven predictive analytics
- Cybersecurity-enhanced digital infrastructure
Revenue projection for 2024: $572.4 million Market share target: 18.6% in water measurement technologies
| Product Category | 2024 Growth Projection |
|---|---|
| Municipal Water Meters | 12.3% growth |
| Industrial Flow Measurement | 9.7% growth |
- Carbon neutrality goal by 2030
- 60% reduction in manufacturing waste
- 100% renewable energy in primary facilities
Core Values of Badger Meter, Inc. (BMI)
Core Values of Badger Meter, Inc. (BMI) in 2024
Innovation and Technological Leadership
Badger Meter demonstrates commitment to innovation through significant R&D investments.
| R&D Expenditure 2023 | $21.3 million |
| Patent Applications Filed | 12 new patents |
| Technology Development Centers | 3 global locations |
Customer-Centric Approach
Badger Meter prioritizes customer satisfaction through comprehensive support strategies.
- Customer satisfaction rate: 94.5%
- 24/7 technical support availability
- Response time: Less than 4 hours
Sustainability and Environmental Responsibility
Environmental commitment reflected in corporate practices and product development.
| Carbon Emissions Reduction | 22% since 2020 |
| Renewable Energy Usage | 38% of total energy consumption |
| Water-Efficient Product Lines | 5 new sustainable meter designs |
Integrity and Ethical Business Practices
Commitment to highest standards of corporate governance and transparency.
- Compliance training: 100% employee participation
- Ethics hotline reporting mechanisms
- Third-party ethical compliance audits conducted annually
Employee Development and Workplace Culture
Investment in workforce growth and professional development.
| Annual Training Hours per Employee | 42 hours |
| Internal Promotion Rate | 47% |
| Diversity and Inclusion Initiatives | 7 active employee resource groups |
Badger Meter, Inc. (BMI) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.