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Side-by-side financial comparison of BADGER METER INC (BMI) and EDGEWELL PERSONAL CARE Co (EPC). Click either name above to swap in a different company.

EDGEWELL PERSONAL CARE Co is the larger business by last-quarter revenue ($422.8M vs $234.1M, roughly 1.8× BADGER METER INC). BADGER METER INC runs the higher net margin — 14.3% vs -15.5%, a 29.9% gap on every dollar of revenue. On growth, BADGER METER INC posted the faster year-over-year revenue change (14.1% vs -11.6%). BADGER METER INC produced more free cash flow last quarter ($50.8M vs $-137.5M). Over the past eight quarters, BADGER METER INC's revenue compounded faster (9.2% CAGR vs -16.0%).

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.

The Edgewell Personal Care Company is an American multinational consumer products company headquartered in Shelton, Connecticut. It was formed in 2015 following the corporate spin-off from Energizer Holdings, Inc..

BMI vs EPC — Head-to-Head

Bigger by revenue
EPC
EPC
1.8× larger
EPC
$422.8M
$234.1M
BMI
Growing faster (revenue YoY)
BMI
BMI
+25.7% gap
BMI
14.1%
-11.6%
EPC
Higher net margin
BMI
BMI
29.9% more per $
BMI
14.3%
-15.5%
EPC
More free cash flow
BMI
BMI
$188.3M more FCF
BMI
$50.8M
$-137.5M
EPC
Faster 2-yr revenue CAGR
BMI
BMI
Annualised
BMI
9.2%
-16.0%
EPC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BMI
BMI
EPC
EPC
Revenue
$234.1M
$422.8M
Net Profit
$33.6M
$-65.7M
Gross Margin
39.7%
38.1%
Operating Margin
18.4%
-4.5%
Net Margin
14.3%
-15.5%
Revenue YoY
14.1%
-11.6%
Net Profit YoY
9.3%
-3028.6%
EPS (diluted)
$1.13
$-1.41

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
EPC
EPC
Q4 25
$234.1M
$422.8M
Q3 25
$222.2M
$600.5M
Q2 25
$238.1M
$627.2M
Q1 25
$222.2M
$580.7M
Q4 24
$205.2M
$415.1M
Q3 24
$208.4M
$517.6M
Q2 24
$216.7M
$647.8M
Q1 24
$196.3M
$599.4M
Net Profit
BMI
BMI
EPC
EPC
Q4 25
$33.6M
$-65.7M
Q3 25
$35.1M
$-30.6M
Q2 25
$34.6M
$29.1M
Q1 25
$38.4M
$29.0M
Q4 24
$30.7M
$-2.1M
Q3 24
$32.0M
$8.8M
Q2 24
$33.1M
$49.0M
Q1 24
$29.1M
$36.0M
Gross Margin
BMI
BMI
EPC
EPC
Q4 25
39.7%
38.1%
Q3 25
43.1%
37.9%
Q2 25
41.1%
42.8%
Q1 25
42.9%
44.1%
Q4 24
40.3%
41.6%
Q3 24
40.2%
41.1%
Q2 24
39.4%
44.3%
Q1 24
39.3%
43.1%
Operating Margin
BMI
BMI
EPC
EPC
Q4 25
18.4%
-4.5%
Q3 25
20.7%
-4.2%
Q2 25
18.8%
8.6%
Q1 25
22.2%
10.1%
Q4 24
19.1%
2.2%
Q3 24
19.5%
3.9%
Q2 24
19.2%
12.8%
Q1 24
18.6%
11.7%
Net Margin
BMI
BMI
EPC
EPC
Q4 25
14.3%
-15.5%
Q3 25
15.8%
-5.1%
Q2 25
14.5%
4.6%
Q1 25
17.3%
5.0%
Q4 24
15.0%
-0.5%
Q3 24
15.4%
1.7%
Q2 24
15.3%
7.6%
Q1 24
14.8%
6.0%
EPS (diluted)
BMI
BMI
EPC
EPC
Q4 25
$1.13
$-1.41
Q3 25
$1.19
$-0.65
Q2 25
$1.17
$0.62
Q1 25
$1.30
$0.60
Q4 24
$1.04
$-0.04
Q3 24
$1.08
$0.18
Q2 24
$1.12
$0.98
Q1 24
$0.99
$0.72

Balance Sheet & Financial Strength

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

Metric
BMI
BMI
EPC
EPC
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$713.3M
$1.5B
Total Assets
$973.6M
$3.8B
Debt / EquityLower = less leverage
1.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BMI
BMI
EPC
EPC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$209.1M
Q2 24
Q1 24
Total Debt
BMI
BMI
EPC
EPC
Q4 25
$1.5B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.4B
Stockholders' Equity
BMI
BMI
EPC
EPC
Q4 25
$713.3M
$1.5B
Q3 25
$702.5M
$1.6B
Q2 25
$677.6M
$1.6B
Q1 25
$641.7M
$1.5B
Q4 24
$606.2M
$1.5B
Q3 24
$591.2M
$1.6B
Q2 24
$563.1M
$1.6B
Q1 24
$535.6M
$1.6B
Total Assets
BMI
BMI
EPC
EPC
Q4 25
$973.6M
$3.8B
Q3 25
$978.3M
$3.8B
Q2 25
$936.4M
$3.8B
Q1 25
$899.6M
$3.8B
Q4 24
$816.4M
$3.7B
Q3 24
$802.9M
$3.7B
Q2 24
$781.3M
$3.7B
Q1 24
$743.5M
$3.8B
Debt / Equity
BMI
BMI
EPC
EPC
Q4 25
1.03×
Q3 25
0.89×
Q2 25
0.88×
Q1 25
0.95×
Q4 24
0.97×
Q3 24
0.81×
Q2 24
0.82×
Q1 24
0.88×

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
EPC
EPC
Operating Cash FlowLast quarter
$54.8M
$-125.9M
Free Cash FlowOCF − Capex
$50.8M
$-137.5M
FCF MarginFCF / Revenue
21.7%
-32.5%
Capex IntensityCapex / Revenue
1.7%
2.7%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters
$169.7M
$36.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BMI
BMI
EPC
EPC
Q4 25
$54.8M
$-125.9M
Q3 25
$51.3M
$74.1M
Q2 25
$44.6M
$114.8M
Q1 25
$33.0M
$45.1M
Q4 24
$52.1M
$-115.6M
Q3 24
$45.1M
$-388.3M
Q2 24
$36.4M
$101.2M
Q1 24
$21.5M
$129.0M
Free Cash Flow
BMI
BMI
EPC
EPC
Q4 25
$50.8M
$-137.5M
Q3 25
$48.2M
$46.5M
Q2 25
$40.6M
$99.3M
Q1 25
$30.1M
$28.0M
Q4 24
$47.4M
$-132.4M
Q3 24
$42.0M
$-414.2M
Q2 24
$34.1M
$88.6M
Q1 24
$18.8M
$117.5M
FCF Margin
BMI
BMI
EPC
EPC
Q4 25
21.7%
-32.5%
Q3 25
21.7%
7.7%
Q2 25
17.1%
15.8%
Q1 25
13.5%
4.8%
Q4 24
23.1%
-31.9%
Q3 24
20.1%
-80.0%
Q2 24
15.7%
13.7%
Q1 24
9.6%
19.6%
Capex Intensity
BMI
BMI
EPC
EPC
Q4 25
1.7%
2.7%
Q3 25
1.4%
4.6%
Q2 25
1.7%
2.5%
Q1 25
1.3%
2.9%
Q4 24
2.3%
4.0%
Q3 24
1.5%
5.0%
Q2 24
1.1%
1.9%
Q1 24
1.4%
1.9%
Cash Conversion
BMI
BMI
EPC
EPC
Q4 25
1.63×
Q3 25
1.46×
Q2 25
1.29×
3.95×
Q1 25
0.86×
1.56×
Q4 24
1.70×
Q3 24
1.41×
-44.13×
Q2 24
1.10×
2.07×
Q1 24
0.74×
3.58×

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%

EPC
EPC

Other$242.0M57%
Sunand Skin Care Segment$131.5M31%
Shavinggelsandcreams$32.3M8%
Wipes And Other Skin Care Products$17.0M4%

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