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Side-by-side financial comparison of BADGER METER INC (BMI) and SENSIENT TECHNOLOGIES CORP (SXT). Click either name above to swap in a different company.

SENSIENT TECHNOLOGIES CORP is the larger business by last-quarter revenue ($435.8M vs $234.1M, roughly 1.9× BADGER METER INC). BADGER METER INC runs the higher net margin — 14.3% vs 10.1%, a 4.2% gap on every dollar of revenue. On growth, SENSIENT TECHNOLOGIES CORP posted the faster year-over-year revenue change (54.2% vs 14.1%). Over the past eight quarters, BADGER METER INC's revenue compounded faster (9.2% CAGR vs 3.9%).

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.

Sensient Technologies is a global manufacturer and marketer of colors, flavors and fragrances based in Milwaukee, Wisconsin. Their products are used in many foods and beverages, pharmaceuticals, cosmetics, home and personal care products, specialty printing and imaging products, computer imaging and industrial colors. Sensient reported revenue of $1,468 million in 2013. Subdivisions include the Sensient Flavors & Fragrances Group and the Sensient Color Group. Within the Flavors & Fragrances G...

BMI vs SXT — Head-to-Head

Bigger by revenue
SXT
SXT
1.9× larger
SXT
$435.8M
$234.1M
BMI
Growing faster (revenue YoY)
SXT
SXT
+40.1% gap
SXT
54.2%
14.1%
BMI
Higher net margin
BMI
BMI
4.2% more per $
BMI
14.3%
10.1%
SXT
Faster 2-yr revenue CAGR
BMI
BMI
Annualised
BMI
9.2%
3.9%
SXT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BMI
BMI
SXT
SXT
Revenue
$234.1M
$435.8M
Net Profit
$33.6M
$44.2M
Gross Margin
39.7%
Operating Margin
18.4%
15.3%
Net Margin
14.3%
10.1%
Revenue YoY
14.1%
54.2%
Net Profit YoY
9.3%
28.2%
EPS (diluted)
$1.13
$1.04

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
SXT
SXT
Q1 26
$435.8M
Q4 25
$234.1M
$393.4M
Q3 25
$222.2M
$412.1M
Q2 25
$238.1M
$414.2M
Q1 25
$222.2M
$392.3M
Q4 24
$205.2M
$376.4M
Q3 24
$208.4M
$392.6M
Q2 24
$216.7M
$403.5M
Net Profit
BMI
BMI
SXT
SXT
Q1 26
$44.2M
Q4 25
$33.6M
$25.5M
Q3 25
$35.1M
$37.0M
Q2 25
$34.6M
$37.6M
Q1 25
$38.4M
$34.5M
Q4 24
$30.7M
$30.1M
Q3 24
$32.0M
$32.7M
Q2 24
$33.1M
$30.9M
Gross Margin
BMI
BMI
SXT
SXT
Q1 26
Q4 25
39.7%
31.4%
Q3 25
43.1%
34.3%
Q2 25
41.1%
34.5%
Q1 25
42.9%
33.6%
Q4 24
40.3%
31.7%
Q3 24
40.2%
33.2%
Q2 24
39.4%
32.4%
Operating Margin
BMI
BMI
SXT
SXT
Q1 26
15.3%
Q4 25
18.4%
9.7%
Q3 25
20.7%
14.0%
Q2 25
18.8%
13.9%
Q1 25
22.2%
13.6%
Q4 24
19.1%
11.2%
Q3 24
19.5%
12.9%
Q2 24
19.2%
12.3%
Net Margin
BMI
BMI
SXT
SXT
Q1 26
10.1%
Q4 25
14.3%
6.5%
Q3 25
15.8%
9.0%
Q2 25
14.5%
9.1%
Q1 25
17.3%
8.8%
Q4 24
15.0%
8.0%
Q3 24
15.4%
8.3%
Q2 24
15.3%
7.7%
EPS (diluted)
BMI
BMI
SXT
SXT
Q1 26
$1.04
Q4 25
$1.13
$0.60
Q3 25
$1.19
$0.87
Q2 25
$1.17
$0.88
Q1 25
$1.30
$0.81
Q4 24
$1.04
$0.71
Q3 24
$1.08
$0.77
Q2 24
$1.12
$0.73

Balance Sheet & Financial Strength

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

Metric
BMI
BMI
SXT
SXT
Cash + ST InvestmentsLiquidity on hand
$38.5M
Total DebtLower is stronger
$767.8M
Stockholders' EquityBook value
$713.3M
$1.2B
Total Assets
$973.6M
$2.3B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BMI
BMI
SXT
SXT
Q1 26
$38.5M
Q4 25
$36.5M
Q3 25
$42.7M
Q2 25
$56.7M
Q1 25
$32.6M
Q4 24
$26.6M
Q3 24
$37.0M
Q2 24
$30.3M
Total Debt
BMI
BMI
SXT
SXT
Q1 26
$767.8M
Q4 25
$709.2M
Q3 25
Q2 25
Q1 25
Q4 24
$613.5M
Q3 24
Q2 24
Stockholders' Equity
BMI
BMI
SXT
SXT
Q1 26
$1.2B
Q4 25
$713.3M
$1.2B
Q3 25
$702.5M
$1.2B
Q2 25
$677.6M
$1.2B
Q1 25
$641.7M
$1.1B
Q4 24
$606.2M
$1.1B
Q3 24
$591.2M
$1.1B
Q2 24
$563.1M
$1.1B
Total Assets
BMI
BMI
SXT
SXT
Q1 26
$2.3B
Q4 25
$973.6M
$2.2B
Q3 25
$978.3M
$2.2B
Q2 25
$936.4M
$2.2B
Q1 25
$899.6M
$2.1B
Q4 24
$816.4M
$2.0B
Q3 24
$802.9M
$2.0B
Q2 24
$781.3M
$2.0B
Debt / Equity
BMI
BMI
SXT
SXT
Q1 26
0.63×
Q4 25
0.59×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
Q3 24
Q2 24

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
SXT
SXT
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
SXT
SXT
Q1 26
Q4 25
$54.8M
$44.6M
Q3 25
$51.3M
$44.0M
Q2 25
$44.6M
$48.3M
Q1 25
$33.0M
$-9.0M
Q4 24
$52.1M
$21.4M
Q3 24
$45.1M
$76.8M
Q2 24
$36.4M
$43.8M
Free Cash Flow
BMI
BMI
SXT
SXT
Q1 26
Q4 25
$50.8M
$12.9M
Q3 25
$48.2M
$24.2M
Q2 25
$40.6M
$27.1M
Q1 25
$30.1M
$-25.8M
Q4 24
$47.4M
$-1.7M
Q3 24
$42.0M
$63.6M
Q2 24
$34.1M
$32.0M
FCF Margin
BMI
BMI
SXT
SXT
Q1 26
Q4 25
21.7%
3.3%
Q3 25
21.7%
5.9%
Q2 25
17.1%
6.5%
Q1 25
13.5%
-6.6%
Q4 24
23.1%
-0.5%
Q3 24
20.1%
16.2%
Q2 24
15.7%
7.9%
Capex Intensity
BMI
BMI
SXT
SXT
Q1 26
Q4 25
1.7%
8.0%
Q3 25
1.4%
4.8%
Q2 25
1.7%
5.1%
Q1 25
1.3%
4.3%
Q4 24
2.3%
6.1%
Q3 24
1.5%
3.4%
Q2 24
1.1%
2.9%
Cash Conversion
BMI
BMI
SXT
SXT
Q1 26
Q4 25
1.63×
1.75×
Q3 25
1.46×
1.19×
Q2 25
1.29×
1.28×
Q1 25
0.86×
-0.26×
Q4 24
1.70×
0.71×
Q3 24
1.41×
2.35×
Q2 24
1.10×
1.42×

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%

SXT
SXT

Segment breakdown not available.

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