vs

Side-by-side financial comparison of BADGER METER INC (BMI) and DiamondRock Hospitality Co (DRH). Click either name above to swap in a different company.

DiamondRock Hospitality Co is the larger business by last-quarter revenue ($258.2M vs $234.1M, roughly 1.1× BADGER METER INC). BADGER METER INC runs the higher net margin — 14.3% vs 5.6%, a 8.7% gap on every dollar of revenue. On growth, BADGER METER INC posted the faster year-over-year revenue change (14.1% vs 1.3%). Over the past eight quarters, BADGER METER INC's revenue compounded faster (9.2% CAGR vs -8.6%).

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.

DiamondRock Hospitality Co is a US-based real estate investment trust owning and operating a portfolio of premium upscale hotels and resorts. Its properties are mainly located in major urban tourist and business hubs nationwide, catering to both leisure and corporate clientele seeking high-quality accommodation services.

BMI vs DRH — Head-to-Head

Bigger by revenue
DRH
DRH
1.1× larger
DRH
$258.2M
$234.1M
BMI
Growing faster (revenue YoY)
BMI
BMI
+12.8% gap
BMI
14.1%
1.3%
DRH
Higher net margin
BMI
BMI
8.7% more per $
BMI
14.3%
5.6%
DRH
Faster 2-yr revenue CAGR
BMI
BMI
Annualised
BMI
9.2%
-8.6%
DRH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BMI
BMI
DRH
DRH
Revenue
$234.1M
$258.2M
Net Profit
$33.6M
$14.5M
Gross Margin
39.7%
Operating Margin
18.4%
11.1%
Net Margin
14.3%
5.6%
Revenue YoY
14.1%
1.3%
Net Profit YoY
9.3%
22.0%
EPS (diluted)
$1.13
$0.07

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.

Revenue
BMI
BMI
DRH
DRH
Q1 26
$258.2M
Q4 25
$234.1M
$274.5M
Q3 25
$222.2M
$285.4M
Q2 25
$238.1M
$305.7M
Q1 25
$222.2M
$254.9M
Q4 24
$205.2M
$279.1M
Q3 24
$208.4M
$285.1M
Q2 24
$216.7M
$309.3M
Net Profit
BMI
BMI
DRH
DRH
Q1 26
$14.5M
Q4 25
$33.6M
$26.2M
Q3 25
$35.1M
$22.5M
Q2 25
$34.6M
$40.8M
Q1 25
$38.4M
$11.9M
Q4 24
$30.7M
$-11.2M
Q3 24
$32.0M
$26.4M
Q2 24
$33.1M
$24.5M
Gross Margin
BMI
BMI
DRH
DRH
Q1 26
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%
Operating Margin
BMI
BMI
DRH
DRH
Q1 26
11.1%
Q4 25
18.4%
8.9%
Q3 25
20.7%
8.1%
Q2 25
18.8%
13.7%
Q1 25
22.2%
4.3%
Q4 24
19.1%
-3.7%
Q3 24
19.5%
9.5%
Q2 24
19.2%
8.4%
Net Margin
BMI
BMI
DRH
DRH
Q1 26
5.6%
Q4 25
14.3%
9.5%
Q3 25
15.8%
7.9%
Q2 25
14.5%
13.4%
Q1 25
17.3%
4.7%
Q4 24
15.0%
-4.0%
Q3 24
15.4%
9.3%
Q2 24
15.3%
7.9%
EPS (diluted)
BMI
BMI
DRH
DRH
Q1 26
$0.07
Q4 25
$1.13
$0.12
Q3 25
$1.19
$0.10
Q2 25
$1.17
$0.18
Q1 25
$1.30
$0.04
Q4 24
$1.04
$-0.06
Q3 24
$1.08
$0.11
Q2 24
$1.12
$0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BMI
BMI
DRH
DRH
Cash + ST InvestmentsLiquidity on hand
$39.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$713.3M
$1.4B
Total Assets
$973.6M
$3.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BMI
BMI
DRH
DRH
Q1 26
$39.3M
Q4 25
$68.1M
Q3 25
$145.3M
Q2 25
$52.4M
Q1 25
$100.6M
Q4 24
$81.4M
Q3 24
$75.3M
Q2 24
$125.2M
Total Debt
BMI
BMI
DRH
DRH
Q1 26
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.0B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
BMI
BMI
DRH
DRH
Q1 26
$1.4B
Q4 25
$713.3M
$1.4B
Q3 25
$702.5M
$1.6B
Q2 25
$677.6M
$1.6B
Q1 25
$641.7M
$1.6B
Q4 24
$606.2M
$1.6B
Q3 24
$591.2M
$1.6B
Q2 24
$563.1M
$1.6B
Total Assets
BMI
BMI
DRH
DRH
Q1 26
$3.0B
Q4 25
$973.6M
$3.0B
Q3 25
$978.3M
$3.1B
Q2 25
$936.4M
$3.1B
Q1 25
$899.6M
$3.1B
Q4 24
$816.4M
$3.2B
Q3 24
$802.9M
$3.2B
Q2 24
$781.3M
$3.2B
Debt / Equity
BMI
BMI
DRH
DRH
Q1 26
Q4 25
0.76×
Q3 25
0.70×
Q2 25
0.65×
Q1 25
0.70×
Q4 24
0.69×
Q3 24
0.67×
Q2 24
0.71×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BMI
BMI
DRH
DRH
Operating Cash FlowLast quarter
$54.8M
Free Cash FlowOCF − Capex
$50.8M
FCF MarginFCF / Revenue
21.7%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters
$169.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BMI
BMI
DRH
DRH
Q1 26
Q4 25
$54.8M
$67.9M
Q3 25
$51.3M
$74.6M
Q2 25
$44.6M
$73.6M
Q1 25
$33.0M
$27.6M
Q4 24
$52.1M
$75.8M
Q3 24
$45.1M
$61.7M
Q2 24
$36.4M
$55.7M
Free Cash Flow
BMI
BMI
DRH
DRH
Q1 26
Q4 25
$50.8M
$47.3M
Q3 25
$48.2M
$54.9M
Q2 25
$40.6M
$57.9M
Q1 25
$30.1M
$2.0M
Q4 24
$47.4M
$52.6M
Q3 24
$42.0M
$39.0M
Q2 24
$34.1M
$38.8M
FCF Margin
BMI
BMI
DRH
DRH
Q1 26
Q4 25
21.7%
17.2%
Q3 25
21.7%
19.2%
Q2 25
17.1%
18.9%
Q1 25
13.5%
0.8%
Q4 24
23.1%
18.9%
Q3 24
20.1%
13.7%
Q2 24
15.7%
12.5%
Capex Intensity
BMI
BMI
DRH
DRH
Q1 26
Q4 25
1.7%
7.5%
Q3 25
1.4%
6.9%
Q2 25
1.7%
5.1%
Q1 25
1.3%
10.0%
Q4 24
2.3%
8.3%
Q3 24
1.5%
7.9%
Q2 24
1.1%
5.5%
Cash Conversion
BMI
BMI
DRH
DRH
Q1 26
Q4 25
1.63×
2.59×
Q3 25
1.46×
3.31×
Q2 25
1.29×
1.80×
Q1 25
0.86×
2.33×
Q4 24
1.70×
Q3 24
1.41×
2.33×
Q2 24
1.10×
2.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BMI
BMI

Transferred At Point In Time$198.6M85%
Transferred Over Time$22.1M9%
Other$13.4M6%

DRH
DRH

Rooms$164.1M64%
Food and beverage$67.2M26%
Other$26.9M10%

Related Comparisons