Badger Meter (BMI) Stock Buyback History
TTM buyback yield 1.20% · Shareholder yield (TTM) 1.20%.

BMI
TTM buyback yield
1.20%
Shareholder yield (TTM)
1.20%
5Y share count change
1.2%
TTM buyback spend
$53.22M
SBC coverage (TTM)
7.84x
YoY change in spend
N/A
5Y CAGR of spend
+36.9%
Peak year (2012)
$30.00M
Cumulative spend
$98.53M
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Badger Meter (BMI) repurchased about $53.22M of stock over the trailing twelve months.
- Diluted share count is up 1.2% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM buyback ÷ stock-based-comp ratio of 7.84× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +36.9% per year over the latest 5-year window.
- TTM repurchases used about 43% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $15.00M | $9.19M | $5.81M | 0.03B | 0.1% | 0.29% |
| 2024 | $0.00 | $6.18M | −$6.18M | 0.03B | 0.3% | — |
| 2023 | $0.00 | $5.19M | −$5.19M | 0.03B | 0.3% | — |
| 2022 | $427.00K | $3.15M | −$2.72M | 0.03B | 0.1% | 0.01% |
| 2021 | $460.00K | $2.33M | −$1.87M | 0.03B | 0.4% | 0.01% |
| 2020 | $3.12M | $1.42M | $1.70M | 0.03B | 0.0% | 0.11% |
| 2019 | $5.21M | $1.21M | $3.99M | 0.03B | 0.1% | 0.28% |
| 2018 | $4.79M | $4.17M | $621.00K | 0.03B | 0.3% | 0.34% |
| 2017 | $4.40M | $1.73M | $2.68M | 0.03B | 0.2% | 0.32% |
| 2016 | $0.00 | $1.54M | −$1.54M | 0.03B | 0.5% | — |
| 2015 | $0.00 | $1.54M | −$1.54M | 0.03B | 0.5% | — |
| 2014 | $0.00 | $1.45M | −$1.45M | 0.03B | -0.4% | — |
| 2013 | $0.00 | $1.39M | −$1.39M | 0.03B | 0.3% | — |
| 2012 | $30.00M | $1.27M | $28.73M | 0.03B | -4.3% | 4.47% |
| 2011 | $0.00 | $1.47M | −$1.47M | 0.03B | 0.3% | — |
| 2010 | $1.00M | $1.36M | −$365.00K | 0.03B | 0.3% | 0.15% |
| 2009 | $0.00 | $1.17M | −$1.17M | 0.03B | 0.8% | — |
| 2008 | $0.00 | $1.27M | −$1.27M | 0.03B | 1.5% | — |
| 2007 | $0.00 | $1.20M | −$1.20M | 0.03B | 1.6% | — |
| 2006 | $0.00 | $0.00 | $0.00 | 0.03B | 2.6% | — |
| 2005 | $3.32M | $0.00 | $3.32M | 0.03B | 3.3% | 1.24% |
| 2004 | $1.71M | $0.00 | $1.71M | 0.03B | 3.9% | 0.85% |
| 2003 | $1.07M | $0.00 | $1.07M | 0.03B | -1.2% | 0.85% |
| 2002 | $1.59M | $0.00 | $1.59M | 0.03B | 0.9% | 1.55% |
| 2001 | $2.44M | $0.00 | $2.44M | 0.03B | -5.6% | 3.45% |
| 2000 | $5.49M | $0.00 | $5.49M | 0.03B | -7.0% | — |
| 1999 | $13.80M | $0.00 | $13.80M | 0.03B | -3.5% | — |
| 1998 | $2.70M | $0.00 | $2.70M | 0.03B | -1.8% | — |
| 1997 | $1.80M | $0.00 | $1.80M | 0.03B | 7.4% | — |
| 1996 | $200.00K | $0.00 | $200.00K | 0.03B | — | — |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Badger Meter (BMI) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Badger Meter (BMI)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Badger Meter (BMI)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $15.00M | — | +$15.00M | ||
| 2024 | $0 | — | $0 | ||
| 2023 | $0 | -100.0% | -$427,000 | ||
| 2022 | $427,000 | -7.2% | -$33,000 | ||
| 2021 | $460,000 | -85.2% | -$2.66M | ||
| 2020 | $3.12M | -40.2% | -$2.09M | ||
| 2019 | $5.21M | +8.6% | +$412,000 | ||
| 2018 | $4.79M | +8.9% | +$393,000 | ||
| 2017 | $4.40M | — | +$4.40M | ||
| 2016 | $0 | — | $0 | ||
| 2015 | $0 | — | $0 | ||
| 2014 | $0 | — | $0 | ||
| 2013 | $0 | -100.0% | -$30.00M | ||
| 2012 | $30.00M | — | +$30.00M | ||
| 2011 | $0 | -100.0% | -$1.00M | ||
| 2010 | $1.00M | — | +$1.00M | ||
| 2009 | $0 | — | $0 | ||
| 2008 | $0 | — | $0 | ||
| 2007 | $0 | — | $0 | ||
| 2006 | $0 | -100.0% | -$3.32M | ||
| 2005 | $3.32M | +94.2% | +$1.61M | ||
| 2004 | $1.71M | +60.5% | +$645,000 | ||
| 2003 | $1.07M | -33.2% | -$529,000 | ||
| 2002 | $1.59M | -34.6% | -$844,000 | ||
| 2001 | $2.44M | -55.6% | -$3.05M | ||
| 2000 | $5.49M | -60.2% | -$8.31M | ||
| 1999 | $13.80M | +411.1% | +$11.10M | ||
| 1998 | $2.70M | +50.0% | +$900,000 | ||
| 1997 | $1.80M | +800.0% | +$1.60M | ||
| 1996 | $200,000 | — | +$200,000 | ||
| 1995 | $0 | — | $0 | ||
| 1994 | $0 | — | $0 | ||
| 1993 | $0 | — | $0 | ||
| 1992 | $0 | — | $0 | ||
| 1991 | $0 | — | $0 | ||
| 1990 | $0 | — | $0 | ||
| 1989 | $0 | — | — |
2025's annual buyback spend for Badger Meter (BMI) came in at $15.00M.
Over 2020–2025 (5 years), Badger Meter buyback spend expanded at a +36.9% compound annual rate, with the latest reading among the more recent periods of the dataset.
Badger Meter buyback spend peaked at $30.00M in 2012; the latest annual figure is $15.00M in 2025 (50.0% below peak).
The highest annual buyback spend of $30.00M was reported in 2012. The lowest in the available history was $0 in 1989.
Badger Meter (BMI) sits 7th of 8 Technology peers we track on this metric, against a peer median of $6.01B.
Badger Meter Buyback Spend 2025: $15.00M
Badger Meter buyback spend in 2025 was $15.00M.
Badger Meter Buyback Spend 2024: $0
Badger Meter buyback spend in 2024 was $0.
Badger Meter Buyback Spend 2023: $0
Badger Meter buyback spend in 2023 was $0, plunged 100.0% below 2022.
Badger Meter Buyback Spend 2022: $427,000
Badger Meter buyback spend in 2022 was $427,000, declined 7.2% below 2021.
Badger Meter Buyback Spend 2021: $460,000
Badger Meter buyback spend in 2021 was $460,000.
See more financial history for Badger Meter (BMI).
Sector peers by buyback spend
Companies in the same sector as Badger Meter, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Apple (AAPL) | $90.71B | Technology |
| NVIDIA (NVDA) | $40.09B | Technology |
| Microsoft (MSFT) | $18.42B | Technology |
| Broadcom (AVGO) | $6.31B | Technology |
| ASML (ASML) | $5.72B | Technology |
| AMD (AMD) | $1.32B | Technology |
| TSMC (TSM) | $0 | Technology |
| Micron Technology (MU) | $0 | Technology |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 7.84×.
Capital allocation mix
How Badger Meter splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $123.86M (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Badger Meter's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Badger Meter buy back its own stock?
Yes, Badger Meter (BMI) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Badger Meter spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $53.22M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Badger Meter's buyback yield?
TTM buyback yield is about 1.20% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Badger Meter's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 1.20% combined (TTM-based where available).
Is Badger Meter diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Badger Meter's share count changed?
Diluted weighted average shares changed by about 1.2% over roughly five fiscal years (annual income statement data).
What is Badger Meter's buyback spend?
Latest reported buyback spend for Badger Meter (BMI) is $53.22M (period ending March 31, 2026).
What is the long-term growth rate of Badger Meter buyback spend?
Badger Meter (BMI) buyback spend compound annual growth rate is +36.9% over the most recent 5 years available.
When did Badger Meter buyback spend hit its highest annual value?
Badger Meter buyback spend reached its highest annual value of $30.00M in 2012.
What was Badger Meter buyback spend in 2024?
Badger Meter (BMI) buyback spend in 2024 was $0.
What was Badger Meter buyback spend in 2025?
Badger Meter (BMI) buyback spend in 2025 was $15.00M.
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