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Side-by-side financial comparison of BADGER METER INC (BMI) and Douglas Elliman Inc. (DOUG). Click either name above to swap in a different company.
Douglas Elliman Inc. is the larger business by last-quarter revenue ($245.4M vs $234.1M, roughly 1.0× BADGER METER INC). Douglas Elliman Inc. runs the higher net margin — 27.9% vs 14.3%, a 13.6% gap on every dollar of revenue. On growth, BADGER METER INC posted the faster year-over-year revenue change (14.1% vs 0.9%). BADGER METER INC produced more free cash flow last quarter ($50.8M vs $-14.7M). Over the past eight quarters, Douglas Elliman Inc.'s revenue compounded faster (10.7% CAGR vs 9.2%).
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.
Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.
BMI vs DOUG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $234.1M | $245.4M |
| Net Profit | $33.6M | $68.6M |
| Gross Margin | 39.7% | — |
| Operating Margin | 18.4% | 27.3% |
| Net Margin | 14.3% | 27.9% |
| Revenue YoY | 14.1% | 0.9% |
| Net Profit YoY | 9.3% | 1243.4% |
| EPS (diluted) | $1.13 | $0.80 |
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 | $234.1M | $245.4M | ||
| Q3 25 | $222.2M | $262.8M | ||
| Q2 25 | $238.1M | $271.4M | ||
| Q1 25 | $222.2M | $253.4M | ||
| Q4 24 | $205.2M | $243.3M | ||
| Q3 24 | $208.4M | $266.3M | ||
| Q2 24 | $216.7M | $285.8M | ||
| Q1 24 | $196.3M | $200.2M |
| Q4 25 | $33.6M | $68.6M | ||
| Q3 25 | $35.1M | $-24.7M | ||
| Q2 25 | $34.6M | $-22.7M | ||
| Q1 25 | $38.4M | $-6.0M | ||
| Q4 24 | $30.7M | $-6.0M | ||
| Q3 24 | $32.0M | $-27.2M | ||
| Q2 24 | $33.1M | $-1.7M | ||
| Q1 24 | $29.1M | $-41.5M |
| Q4 25 | 39.7% | — | ||
| Q3 25 | 43.1% | — | ||
| Q2 25 | 41.1% | — | ||
| Q1 25 | 42.9% | — | ||
| Q4 24 | 40.3% | — | ||
| Q3 24 | 40.2% | — | ||
| Q2 24 | 39.4% | — | ||
| Q1 24 | 39.3% | — |
| Q4 25 | 18.4% | 27.3% | ||
| Q3 25 | 20.7% | -4.1% | ||
| Q2 25 | 18.8% | -2.0% | ||
| Q1 25 | 22.2% | -2.1% | ||
| Q4 24 | 19.1% | -6.7% | ||
| Q3 24 | 19.5% | -2.8% | ||
| Q2 24 | 19.2% | -1.3% | ||
| Q1 24 | 18.6% | -20.7% |
| Q4 25 | 14.3% | 27.9% | ||
| Q3 25 | 15.8% | -9.4% | ||
| Q2 25 | 14.5% | -8.4% | ||
| Q1 25 | 17.3% | -2.4% | ||
| Q4 24 | 15.0% | -2.5% | ||
| Q3 24 | 15.4% | -10.2% | ||
| Q2 24 | 15.3% | -0.6% | ||
| Q1 24 | 14.8% | -20.7% |
| Q4 25 | $1.13 | $0.80 | ||
| Q3 25 | $1.19 | $-0.29 | ||
| Q2 25 | $1.17 | $-0.27 | ||
| Q1 25 | $1.30 | $-0.07 | ||
| Q4 24 | $1.04 | $-0.06 | ||
| Q3 24 | $1.08 | $-0.33 | ||
| Q2 24 | $1.12 | $-0.02 | ||
| Q1 24 | $0.99 | $-0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $115.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $713.3M | $183.9M |
| Total Assets | $973.6M | $444.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $115.5M | ||
| Q3 25 | — | $143.0M | ||
| Q2 25 | — | $136.3M | ||
| Q1 25 | — | $136.8M | ||
| Q4 24 | — | $145.5M | ||
| Q3 24 | — | $151.4M | ||
| Q2 24 | — | $92.9M | ||
| Q1 24 | — | $91.5M |
| Q4 25 | $713.3M | $183.9M | ||
| Q3 25 | $702.5M | $115.1M | ||
| Q2 25 | $677.6M | $137.6M | ||
| Q1 25 | $641.7M | $158.2M | ||
| Q4 24 | $606.2M | $162.2M | ||
| Q3 24 | $591.2M | $173.6M | ||
| Q2 24 | $563.1M | $196.9M | ||
| Q1 24 | $535.6M | $195.1M |
| Q4 25 | $973.6M | $444.4M | ||
| Q3 25 | $978.3M | $480.6M | ||
| Q2 25 | $936.4M | $489.0M | ||
| Q1 25 | $899.6M | $493.9M | ||
| Q4 24 | $816.4M | $493.9M | ||
| Q3 24 | $802.9M | $502.7M | ||
| Q2 24 | $781.3M | $463.9M | ||
| Q1 24 | $743.5M | $461.1M |
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 | $54.8M | $-14.4M |
| Free Cash FlowOCF − Capex | $50.8M | $-14.7M |
| FCF MarginFCF / Revenue | 21.7% | -6.0% |
| Capex IntensityCapex / Revenue | 1.7% | 0.1% |
| Cash ConversionOCF / Net Profit | 1.63× | -0.21× |
| TTM Free Cash FlowTrailing 4 quarters | $169.7M | $-17.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $54.8M | $-14.4M | ||
| Q3 25 | $51.3M | $5.5M | ||
| Q2 25 | $44.6M | $642.0K | ||
| Q1 25 | $33.0M | $-5.6M | ||
| Q4 24 | $52.1M | $-9.0M | ||
| Q3 24 | $45.1M | $9.0M | ||
| Q2 24 | $36.4M | $1.3M | ||
| Q1 24 | $21.5M | $-27.3M |
| Q4 25 | $50.8M | $-14.7M | ||
| Q3 25 | $48.2M | $4.7M | ||
| Q2 25 | $40.6M | $-575.0K | ||
| Q1 25 | $30.1M | $-6.7M | ||
| Q4 24 | $47.4M | $-10.2M | ||
| Q3 24 | $42.0M | $7.7M | ||
| Q2 24 | $34.1M | $432.0K | ||
| Q1 24 | $18.8M | $-29.4M |
| Q4 25 | 21.7% | -6.0% | ||
| Q3 25 | 21.7% | 1.8% | ||
| Q2 25 | 17.1% | -0.2% | ||
| Q1 25 | 13.5% | -2.6% | ||
| Q4 24 | 23.1% | -4.2% | ||
| Q3 24 | 20.1% | 2.9% | ||
| Q2 24 | 15.7% | 0.2% | ||
| Q1 24 | 9.6% | -14.7% |
| Q4 25 | 1.7% | 0.1% | ||
| Q3 25 | 1.4% | 0.3% | ||
| Q2 25 | 1.7% | 0.4% | ||
| Q1 25 | 1.3% | 0.4% | ||
| Q4 24 | 2.3% | 0.5% | ||
| Q3 24 | 1.5% | 0.5% | ||
| Q2 24 | 1.1% | 0.3% | ||
| Q1 24 | 1.4% | 1.0% |
| Q4 25 | 1.63× | -0.21× | ||
| Q3 25 | 1.46× | — | ||
| Q2 25 | 1.29× | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 1.70× | — | ||
| Q3 24 | 1.41× | — | ||
| Q2 24 | 1.10× | — | ||
| Q1 24 | 0.74× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BMI
| Transferred At Point In Time | $198.6M | 85% |
| Transferred Over Time | $22.1M | 9% |
| Other | $13.4M | 6% |
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
