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Side-by-side financial comparison of BADGER METER INC (BMI) and TOMPKINS FINANCIAL CORP (TMP). Click either name above to swap in a different company.
BADGER METER INC is the larger business by last-quarter revenue ($234.1M vs $194.8M, roughly 1.2× TOMPKINS FINANCIAL CORP). TOMPKINS FINANCIAL CORP runs the higher net margin — 49.4% vs 14.3%, a 35.1% gap on every dollar of revenue. On growth, TOMPKINS FINANCIAL CORP posted the faster year-over-year revenue change (152.7% vs 14.1%). BADGER METER INC produced more free cash flow last quarter ($50.8M vs $31.9M). Over the past eight quarters, TOMPKINS FINANCIAL CORP's revenue compounded faster (63.6% 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.
Tompkins Financial Corporation is a small, diversified financial services company based in Ithaca, New York. It is the parent of the Tompkins Trust Company, as well as several other banks, an insurance agency, and a wealth management division.
BMI vs TMP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $234.1M | $194.8M |
| Net Profit | $33.6M | $96.2M |
| Gross Margin | 39.7% | — |
| Operating Margin | 18.4% | 71.7% |
| Net Margin | 14.3% | 49.4% |
| Revenue YoY | 14.1% | 152.7% |
| Net Profit YoY | 9.3% | 388.9% |
| EPS (diluted) | $1.13 | $6.72 |
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 | $194.8M | ||
| Q3 25 | $222.2M | $87.4M | ||
| Q2 25 | $238.1M | $82.6M | ||
| Q1 25 | $222.2M | $81.7M | ||
| Q4 24 | $205.2M | $77.1M | ||
| Q3 24 | $208.4M | $76.6M | ||
| Q2 24 | $216.7M | $72.7M | ||
| Q1 24 | $196.3M | $72.8M |
| Q4 25 | $33.6M | $96.2M | ||
| Q3 25 | $35.1M | $23.7M | ||
| Q2 25 | $34.6M | $21.5M | ||
| Q1 25 | $38.4M | $19.7M | ||
| Q4 24 | $30.7M | $19.7M | ||
| Q3 24 | $32.0M | $18.6M | ||
| Q2 24 | $33.1M | $15.7M | ||
| Q1 24 | $29.1M | $16.9M |
| 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% | 71.7% | ||
| Q3 25 | 20.7% | 35.6% | ||
| Q2 25 | 18.8% | 34.2% | ||
| Q1 25 | 22.2% | 31.6% | ||
| Q4 24 | 19.1% | 33.4% | ||
| Q3 24 | 19.5% | 32.0% | ||
| Q2 24 | 19.2% | 28.3% | ||
| Q1 24 | 18.6% | 30.4% |
| Q4 25 | 14.3% | 49.4% | ||
| Q3 25 | 15.8% | 27.1% | ||
| Q2 25 | 14.5% | 26.0% | ||
| Q1 25 | 17.3% | 24.1% | ||
| Q4 24 | 15.0% | 25.5% | ||
| Q3 24 | 15.4% | 24.3% | ||
| Q2 24 | 15.3% | 21.6% | ||
| Q1 24 | 14.8% | 23.2% |
| Q4 25 | $1.13 | $6.72 | ||
| Q3 25 | $1.19 | $1.65 | ||
| Q2 25 | $1.17 | $1.50 | ||
| Q1 25 | $1.30 | $1.37 | ||
| Q4 24 | $1.04 | $1.39 | ||
| Q3 24 | $1.08 | $1.30 | ||
| Q2 24 | $1.12 | $1.10 | ||
| Q1 24 | $0.99 | $1.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $132.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $713.3M | $938.4M |
| Total Assets | $973.6M | $8.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $132.8M | ||
| Q3 25 | — | $193.5M | ||
| Q2 25 | — | $212.6M | ||
| Q1 25 | — | $193.1M | ||
| Q4 24 | — | $134.4M | ||
| Q3 24 | — | $132.3M | ||
| Q2 24 | — | $70.9M | ||
| Q1 24 | — | $57.1M |
| Q4 25 | $713.3M | $938.4M | ||
| Q3 25 | $702.5M | $788.8M | ||
| Q2 25 | $677.6M | $761.8M | ||
| Q1 25 | $641.7M | $741.4M | ||
| Q4 24 | $606.2M | $713.4M | ||
| Q3 24 | $591.2M | $719.9M | ||
| Q2 24 | $563.1M | $674.6M | ||
| Q1 24 | $535.6M | $667.9M |
| Q4 25 | $973.6M | $8.7B | ||
| Q3 25 | $978.3M | $8.5B | ||
| Q2 25 | $936.4M | $8.4B | ||
| Q1 25 | $899.6M | $8.2B | ||
| Q4 24 | $816.4M | $8.1B | ||
| Q3 24 | $802.9M | $8.0B | ||
| Q2 24 | $781.3M | $7.9B | ||
| Q1 24 | $743.5M | $7.8B |
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 | $38.9M |
| Free Cash FlowOCF − Capex | $50.8M | $31.9M |
| FCF MarginFCF / Revenue | 21.7% | 16.4% |
| Capex IntensityCapex / Revenue | 1.7% | 3.6% |
| Cash ConversionOCF / Net Profit | 1.63× | 0.40× |
| TTM Free Cash FlowTrailing 4 quarters | $169.7M | $105.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $54.8M | $38.9M | ||
| Q3 25 | $51.3M | $34.9M | ||
| Q2 25 | $44.6M | $18.9M | ||
| Q1 25 | $33.0M | $22.2M | ||
| Q4 24 | $52.1M | $95.0M | ||
| Q3 24 | $45.1M | $21.2M | ||
| Q2 24 | $36.4M | $27.3M | ||
| Q1 24 | $21.5M | $23.2M |
| Q4 25 | $50.8M | $31.9M | ||
| Q3 25 | $48.2M | $33.9M | ||
| Q2 25 | $40.6M | $18.3M | ||
| Q1 25 | $30.1M | $20.9M | ||
| Q4 24 | $47.4M | $88.8M | ||
| Q3 24 | $42.0M | $18.9M | ||
| Q2 24 | $34.1M | $26.3M | ||
| Q1 24 | $18.8M | $21.9M |
| Q4 25 | 21.7% | 16.4% | ||
| Q3 25 | 21.7% | 38.8% | ||
| Q2 25 | 17.1% | 22.1% | ||
| Q1 25 | 13.5% | 25.5% | ||
| Q4 24 | 23.1% | 115.1% | ||
| Q3 24 | 20.1% | 24.7% | ||
| Q2 24 | 15.7% | 36.2% | ||
| Q1 24 | 9.6% | 30.0% |
| Q4 25 | 1.7% | 3.6% | ||
| Q3 25 | 1.4% | 1.1% | ||
| Q2 25 | 1.7% | 0.8% | ||
| Q1 25 | 1.3% | 1.7% | ||
| Q4 24 | 2.3% | 8.1% | ||
| Q3 24 | 1.5% | 2.9% | ||
| Q2 24 | 1.1% | 1.3% | ||
| Q1 24 | 1.4% | 1.9% |
| Q4 25 | 1.63× | 0.40× | ||
| Q3 25 | 1.46× | 1.47× | ||
| Q2 25 | 1.29× | 0.88× | ||
| Q1 25 | 0.86× | 1.13× | ||
| Q4 24 | 1.70× | 4.82× | ||
| Q3 24 | 1.41× | 1.14× | ||
| Q2 24 | 1.10× | 1.74× | ||
| Q1 24 | 0.74× | 1.38× |
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% |
TMP
Segment breakdown not available.
