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Side-by-side financial comparison of BADGER METER INC (BMI) and INTERFACE INC (TILE). Click either name above to swap in a different company.
INTERFACE INC is the larger business by last-quarter revenue ($349.4M vs $234.1M, roughly 1.5× BADGER METER INC). BADGER METER INC runs the higher net margin — 14.3% vs 7.0%, a 7.4% gap on every dollar of revenue. On growth, BADGER METER INC posted the faster year-over-year revenue change (14.1% vs 4.3%). BADGER METER INC produced more free cash flow last quarter ($50.8M vs $28.6M). Over the past eight quarters, INTERFACE INC's revenue compounded faster (9.8% 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.
Interface, Inc., headquartered in Atlanta, Georgia, is a global manufacturer of commercial flooring. The company sells modular carpet tiles, luxury vinyl tile, and Nora brand rubber flooring.
BMI vs TILE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $234.1M | $349.4M |
| Net Profit | $33.6M | $24.4M |
| Gross Margin | 39.7% | 38.6% |
| Operating Margin | 18.4% | 10.1% |
| Net Margin | 14.3% | 7.0% |
| Revenue YoY | 14.1% | 4.3% |
| Net Profit YoY | 9.3% | 12.1% |
| EPS (diluted) | $1.13 | $0.41 |
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.
| Q4 25 | $234.1M | $349.4M | ||
| Q3 25 | $222.2M | $364.5M | ||
| Q2 25 | $238.1M | $375.5M | ||
| Q1 25 | $222.2M | $297.4M | ||
| Q4 24 | $205.2M | $335.0M | ||
| Q3 24 | $208.4M | $344.3M | ||
| Q2 24 | $216.7M | $346.6M | ||
| Q1 24 | $196.3M | $289.7M |
| Q4 25 | $33.6M | $24.4M | ||
| Q3 25 | $35.1M | $46.1M | ||
| Q2 25 | $34.6M | $32.6M | ||
| Q1 25 | $38.4M | $13.0M | ||
| Q4 24 | $30.7M | $21.8M | ||
| Q3 24 | $32.0M | $28.4M | ||
| Q2 24 | $33.1M | $22.6M | ||
| Q1 24 | $29.1M | $14.2M |
| Q4 25 | 39.7% | 38.6% | ||
| Q3 25 | 43.1% | 39.4% | ||
| Q2 25 | 41.1% | 39.4% | ||
| Q1 25 | 42.9% | 37.3% | ||
| Q4 24 | 40.3% | 36.5% | ||
| Q3 24 | 40.2% | 37.1% | ||
| Q2 24 | 39.4% | 35.4% | ||
| Q1 24 | 39.3% | 38.1% |
| Q4 25 | 18.4% | 10.1% | ||
| Q3 25 | 20.7% | 14.6% | ||
| Q2 25 | 18.8% | 13.9% | ||
| Q1 25 | 22.2% | 7.8% | ||
| Q4 24 | 19.1% | 8.8% | ||
| Q3 24 | 19.5% | 12.3% | ||
| Q2 24 | 19.2% | 11.0% | ||
| Q1 24 | 18.6% | 8.4% |
| Q4 25 | 14.3% | 7.0% | ||
| Q3 25 | 15.8% | 12.7% | ||
| Q2 25 | 14.5% | 8.7% | ||
| Q1 25 | 17.3% | 4.4% | ||
| Q4 24 | 15.0% | 6.5% | ||
| Q3 24 | 15.4% | 8.3% | ||
| Q2 24 | 15.3% | 6.5% | ||
| Q1 24 | 14.8% | 4.9% |
| Q4 25 | $1.13 | $0.41 | ||
| Q3 25 | $1.19 | $0.78 | ||
| Q2 25 | $1.17 | $0.55 | ||
| Q1 25 | $1.30 | $0.22 | ||
| Q4 24 | $1.04 | $0.38 | ||
| Q3 24 | $1.08 | $0.48 | ||
| Q2 24 | $1.12 | $0.38 | ||
| Q1 24 | $0.99 | $0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $71.3M |
| Total DebtLower is stronger | — | $181.6M |
| Stockholders' EquityBook value | $713.3M | $640.7M |
| Total Assets | $973.6M | $1.2B |
| Debt / EquityLower = less leverage | — | 0.28× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $71.3M | ||
| Q3 25 | — | $187.4M | ||
| Q2 25 | — | $121.7M | ||
| Q1 25 | — | $97.8M | ||
| Q4 24 | — | $99.2M | ||
| Q3 24 | — | $115.6M | ||
| Q2 24 | — | $94.2M | ||
| Q1 24 | — | $89.8M |
| Q4 25 | — | $181.6M | ||
| Q3 25 | — | $307.8M | ||
| Q2 25 | — | $304.4M | ||
| Q1 25 | — | $302.9M | ||
| Q4 24 | — | $302.8M | ||
| Q3 24 | — | $337.9M | ||
| Q2 24 | — | $387.6M | ||
| Q1 24 | — | $391.8M |
| Q4 25 | $713.3M | $640.7M | ||
| Q3 25 | $702.5M | $621.0M | ||
| Q2 25 | $677.6M | $575.0M | ||
| Q1 25 | $641.7M | $513.1M | ||
| Q4 24 | $606.2M | $489.1M | ||
| Q3 24 | $591.2M | $501.6M | ||
| Q2 24 | $563.1M | $451.2M | ||
| Q1 24 | $535.6M | $428.5M |
| Q4 25 | $973.6M | $1.2B | ||
| Q3 25 | $978.3M | $1.3B | ||
| Q2 25 | $936.4M | $1.3B | ||
| Q1 25 | $899.6M | $1.2B | ||
| Q4 24 | $816.4M | $1.2B | ||
| Q3 24 | $802.9M | $1.2B | ||
| Q2 24 | $781.3M | $1.2B | ||
| Q1 24 | $743.5M | $1.2B |
| Q4 25 | — | 0.28× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 0.53× | ||
| Q1 25 | — | 0.59× | ||
| Q4 24 | — | 0.62× | ||
| Q3 24 | — | 0.67× | ||
| Q2 24 | — | 0.86× | ||
| Q1 24 | — | 0.91× |
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 | $49.3M |
| Free Cash FlowOCF − Capex | $50.8M | $28.6M |
| FCF MarginFCF / Revenue | 21.7% | 8.2% |
| Capex IntensityCapex / Revenue | 1.7% | 5.9% |
| Cash ConversionOCF / Net Profit | 1.63× | 2.02× |
| TTM Free Cash FlowTrailing 4 quarters | $169.7M | $121.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $54.8M | $49.3M | ||
| Q3 25 | $51.3M | $76.7M | ||
| Q2 25 | $44.6M | $30.1M | ||
| Q1 25 | $33.0M | $11.7M | ||
| Q4 24 | $52.1M | $38.0M | ||
| Q3 24 | $45.1M | $76.2M | ||
| Q2 24 | $36.4M | $21.5M | ||
| Q1 24 | $21.5M | $12.6M |
| Q4 25 | $50.8M | $28.6M | ||
| Q3 25 | $48.2M | $66.1M | ||
| Q2 25 | $40.6M | $22.8M | ||
| Q1 25 | $30.1M | $4.3M | ||
| Q4 24 | $47.4M | $24.4M | ||
| Q3 24 | $42.0M | $69.7M | ||
| Q2 24 | $34.1M | $12.0M | ||
| Q1 24 | $18.8M | $8.6M |
| Q4 25 | 21.7% | 8.2% | ||
| Q3 25 | 21.7% | 18.1% | ||
| Q2 25 | 17.1% | 6.1% | ||
| Q1 25 | 13.5% | 1.4% | ||
| Q4 24 | 23.1% | 7.3% | ||
| Q3 24 | 20.1% | 20.3% | ||
| Q2 24 | 15.7% | 3.5% | ||
| Q1 24 | 9.6% | 3.0% |
| Q4 25 | 1.7% | 5.9% | ||
| Q3 25 | 1.4% | 2.9% | ||
| Q2 25 | 1.7% | 2.0% | ||
| Q1 25 | 1.3% | 2.5% | ||
| Q4 24 | 2.3% | 4.1% | ||
| Q3 24 | 1.5% | 1.9% | ||
| Q2 24 | 1.1% | 2.8% | ||
| Q1 24 | 1.4% | 1.4% |
| Q4 25 | 1.63× | 2.02× | ||
| Q3 25 | 1.46× | 1.66× | ||
| Q2 25 | 1.29× | 0.93× | ||
| Q1 25 | 0.86× | 0.90× | ||
| Q4 24 | 1.70× | 1.75× | ||
| Q3 24 | 1.41× | 2.68× | ||
| Q2 24 | 1.10× | 0.95× | ||
| Q1 24 | 0.74× | 0.89× |
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% |
TILE
| AMS | $205.9M | 59% |
| EAAA | $143.5M | 41% |
