vs
Side-by-side financial comparison of AdvanSix Inc. (ASIX) and BADGER METER INC (BMI). Click either name above to swap in a different company.
AdvanSix Inc. is the larger business by last-quarter revenue ($359.9M vs $234.1M, roughly 1.5× BADGER METER INC). BADGER METER INC runs the higher net margin — 14.3% vs -0.8%, a 15.1% gap on every dollar of revenue. On growth, BADGER METER INC posted the faster year-over-year revenue change (14.1% vs 9.4%). BADGER METER INC produced more free cash flow last quarter ($50.8M vs $36.1M). Over the past eight quarters, BADGER METER INC's revenue compounded faster (9.2% CAGR vs 3.4%).
AdvanSix Inc. is an American chemical company that produces nylon 6 and related chemicals such as caprolactam and ammonium sulfate fertilizers. It operated as Honeywell's Resins and Chemicals division until 2016, when it was spun off as a separate company. The unit accounted for 3 percent of Honeywell's sales at the time. For 2019, revenue is estimated at $1.4 billion. The company traces its lineage to the H. W. Jayne Company, established 1884 in Frankford, Pennsylvania.
Badger Meter Inc. is a leading global provider of flow measurement and control solutions, serving water utilities, industrial, commercial, and residential customer segments. Its core offerings include smart water meters, IoT-enabled usage monitoring systems, and supporting software that help clients track resource consumption, cut waste, and boost operational efficiency, with key markets spanning North America, Europe, and the Asia-Pacific region.
ASIX vs BMI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $359.9M | $234.1M |
| Net Profit | $-2.8M | $33.6M |
| Gross Margin | 7.6% | 39.7% |
| Operating Margin | -0.7% | 18.4% |
| Net Margin | -0.8% | 14.3% |
| Revenue YoY | 9.4% | 14.1% |
| Net Profit YoY | -892.9% | 9.3% |
| EPS (diluted) | $-0.11 | $1.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $359.9M | $234.1M | ||
| Q3 25 | $374.5M | $222.2M | ||
| Q2 25 | $410.0M | $238.1M | ||
| Q1 25 | $377.8M | $222.2M | ||
| Q4 24 | $329.1M | $205.2M | ||
| Q3 24 | $398.2M | $208.4M | ||
| Q2 24 | $453.5M | $216.7M | ||
| Q1 24 | $336.8M | $196.3M |
| Q4 25 | $-2.8M | $33.6M | ||
| Q3 25 | $-2.6M | $35.1M | ||
| Q2 25 | $31.4M | $34.6M | ||
| Q1 25 | $23.3M | $38.4M | ||
| Q4 24 | $352.0K | $30.7M | ||
| Q3 24 | $22.3M | $32.0M | ||
| Q2 24 | $38.9M | $33.1M | ||
| Q1 24 | $-17.4M | $29.1M |
| Q4 25 | 7.6% | 39.7% | ||
| Q3 25 | 6.8% | 43.1% | ||
| Q2 25 | 14.3% | 41.1% | ||
| Q1 25 | 14.2% | 42.9% | ||
| Q4 24 | 3.4% | 40.3% | ||
| Q3 24 | 14.4% | 40.2% | ||
| Q2 24 | 17.9% | 39.4% | ||
| Q1 24 | 0.9% | 39.3% |
| Q4 25 | -0.7% | 18.4% | ||
| Q3 25 | -0.9% | 20.7% | ||
| Q2 25 | 7.7% | 18.8% | ||
| Q1 25 | 7.7% | 22.2% | ||
| Q4 24 | -3.9% | 19.1% | ||
| Q3 24 | 7.5% | 19.5% | ||
| Q2 24 | 11.5% | 19.2% | ||
| Q1 24 | -7.0% | 18.6% |
| Q4 25 | -0.8% | 14.3% | ||
| Q3 25 | -0.7% | 15.8% | ||
| Q2 25 | 7.7% | 14.5% | ||
| Q1 25 | 6.2% | 17.3% | ||
| Q4 24 | 0.1% | 15.0% | ||
| Q3 24 | 5.6% | 15.4% | ||
| Q2 24 | 8.6% | 15.3% | ||
| Q1 24 | -5.2% | 14.8% |
| Q4 25 | $-0.11 | $1.13 | ||
| Q3 25 | $-0.10 | $1.19 | ||
| Q2 25 | $1.15 | $1.17 | ||
| Q1 25 | $0.86 | $1.30 | ||
| Q4 24 | $0.02 | $1.04 | ||
| Q3 24 | $0.82 | $1.08 | ||
| Q2 24 | $1.43 | $1.12 | ||
| Q1 24 | $-0.65 | $0.99 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $19.8M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $815.2M | $713.3M |
| Total Assets | $1.7B | $973.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.8M | — | ||
| Q3 25 | $23.7M | — | ||
| Q2 25 | $18.4M | — | ||
| Q1 25 | $8.3M | — | ||
| Q4 24 | $19.6M | — | ||
| Q3 24 | $17.3M | — | ||
| Q2 24 | $12.1M | — | ||
| Q1 24 | $20.6M | — |
| Q4 25 | $815.2M | $713.3M | ||
| Q3 25 | $818.2M | $702.5M | ||
| Q2 25 | $823.7M | $677.6M | ||
| Q1 25 | $794.4M | $641.7M | ||
| Q4 24 | $774.6M | $606.2M | ||
| Q3 24 | $766.4M | $591.2M | ||
| Q2 24 | $746.6M | $563.1M | ||
| Q1 24 | $713.2M | $535.6M |
| Q4 25 | $1.7B | $973.6M | ||
| Q3 25 | $1.7B | $978.3M | ||
| Q2 25 | $1.6B | $936.4M | ||
| Q1 25 | $1.6B | $899.6M | ||
| Q4 24 | $1.6B | $816.4M | ||
| Q3 24 | $1.5B | $802.9M | ||
| Q2 24 | $1.5B | $781.3M | ||
| Q1 24 | $1.5B | $743.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $63.7M | $54.8M |
| Free Cash FlowOCF − Capex | $36.1M | $50.8M |
| FCF MarginFCF / Revenue | 10.0% | 21.7% |
| Capex IntensityCapex / Revenue | 7.7% | 1.7% |
| Cash ConversionOCF / Net Profit | — | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | $6.4M | $169.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.7M | $54.8M | ||
| Q3 25 | $26.6M | $51.3M | ||
| Q2 25 | $21.1M | $44.6M | ||
| Q1 25 | $11.4M | $33.0M | ||
| Q4 24 | $64.2M | $52.1M | ||
| Q3 24 | $57.3M | $45.1M | ||
| Q2 24 | $50.2M | $36.4M | ||
| Q1 24 | $-36.2M | $21.5M |
| Q4 25 | $36.1M | $50.8M | ||
| Q3 25 | $66.0K | $48.2M | ||
| Q2 25 | $-7.2M | $40.6M | ||
| Q1 25 | $-22.6M | $30.1M | ||
| Q4 24 | $29.8M | $47.4M | ||
| Q3 24 | $26.8M | $42.0M | ||
| Q2 24 | $16.7M | $34.1M | ||
| Q1 24 | $-71.6M | $18.8M |
| Q4 25 | 10.0% | 21.7% | ||
| Q3 25 | 0.0% | 21.7% | ||
| Q2 25 | -1.7% | 17.1% | ||
| Q1 25 | -6.0% | 13.5% | ||
| Q4 24 | 9.1% | 23.1% | ||
| Q3 24 | 6.7% | 20.1% | ||
| Q2 24 | 3.7% | 15.7% | ||
| Q1 24 | -21.3% | 9.6% |
| Q4 25 | 7.7% | 1.7% | ||
| Q3 25 | 7.1% | 1.4% | ||
| Q2 25 | 6.9% | 1.7% | ||
| Q1 25 | 9.0% | 1.3% | ||
| Q4 24 | 10.4% | 2.3% | ||
| Q3 24 | 7.7% | 1.5% | ||
| Q2 24 | 7.4% | 1.1% | ||
| Q1 24 | 10.5% | 1.4% |
| Q4 25 | — | 1.63× | ||
| Q3 25 | — | 1.46× | ||
| Q2 25 | 0.67× | 1.29× | ||
| Q1 25 | 0.49× | 0.86× | ||
| Q4 24 | 182.29× | 1.70× | ||
| Q3 24 | 2.57× | 1.41× | ||
| Q2 24 | 1.29× | 1.10× | ||
| Q1 24 | — | 0.74× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASIX
| Plant Nutrients | $140.0M | 39% |
| Chemical Intermediates | $92.8M | 26% |
| Caprolactam | $64.4M | 18% |
| Nylon Resins | $62.8M | 17% |
BMI
| Transferred At Point In Time | $198.6M | 85% |
| Transferred Over Time | $22.1M | 9% |
| Other | $13.4M | 6% |
