Badger Meter vs Mirion Technologies
Badger Meter and Mirion Technologies are similar in size: $917m and $925m of revenue in their latest fiscal years. Badger Meter grew faster (10.9% against 7.5%). Badger Meter kept more of each dollar of sales as profit: a net margin of 15.5% against 3.1%.
| Latest fiscal year | Badger MeterBMI, 2025 | Mirion TechnologiesMIR, 2025 |
|---|---|---|
| Revenue | $917m | $925m |
| Revenue growth | 10.9% | 7.5% |
| Net income | $142m | $28.8m |
| Operating margin | — | 5.6% |
| Net margin | 15.5% | 3.1% |
| Return on equity | 21.5% | 1.7% |
| Free cash flow | $170m | $107m |
| Cash | — | $412m |
| Total debt | $0 | $756m |
| Debt to equity | — | 40.5% |
| Dividend per share | $1.48 | — |
| Dividend yield | 1.1% | — |
| Share buybacks | $15.0m | $49.6m |
| Employees | — | 1,864 |
| Market value | $4.41bn | $5.18bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 77 (Strong) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |