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Side-by-side financial comparison of BADGER METER INC (BMI) and TripAdvisor, Inc. (TRIP). Click either name above to swap in a different company.
TripAdvisor, Inc. is the larger business by last-quarter revenue ($411.0M vs $234.1M, roughly 1.8× BADGER METER INC). BADGER METER INC runs the higher net margin — 14.3% vs -9.2%, a 23.6% gap on every dollar of revenue. On growth, BADGER METER INC posted the faster year-over-year revenue change (14.1% vs 0.0%). BADGER METER INC produced more free cash flow last quarter ($50.8M vs $-122.0M). Over the past eight quarters, BADGER METER INC's revenue compounded faster (9.2% CAGR vs 2.0%).
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.
Tripadvisor is an American company that operates online travel agencies, comparison shopping websites, and mobile apps with user-generated content.
BMI vs TRIP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $234.1M | $411.0M |
| Net Profit | $33.6M | $-38.0M |
| Gross Margin | 39.7% | 91.5% |
| Operating Margin | 18.4% | -8.3% |
| Net Margin | 14.3% | -9.2% |
| Revenue YoY | 14.1% | 0.0% |
| Net Profit YoY | 9.3% | -3900.0% |
| EPS (diluted) | $1.13 | $-0.32 |
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 | $411.0M | ||
| Q3 25 | $222.2M | $553.0M | ||
| Q2 25 | $238.1M | $529.0M | ||
| Q1 25 | $222.2M | $398.0M | ||
| Q4 24 | $205.2M | $411.0M | ||
| Q3 24 | $208.4M | $532.0M | ||
| Q2 24 | $216.7M | $497.0M | ||
| Q1 24 | $196.3M | $395.0M |
| Q4 25 | $33.6M | $-38.0M | ||
| Q3 25 | $35.1M | $53.0M | ||
| Q2 25 | $34.6M | $36.0M | ||
| Q1 25 | $38.4M | $-11.0M | ||
| Q4 24 | $30.7M | $1.0M | ||
| Q3 24 | $32.0M | $39.0M | ||
| Q2 24 | $33.1M | $24.0M | ||
| Q1 24 | $29.1M | $-59.0M |
| Q4 25 | 39.7% | 91.5% | ||
| Q3 25 | 43.1% | 92.6% | ||
| Q2 25 | 41.1% | 92.1% | ||
| Q1 25 | 42.9% | 93.2% | ||
| Q4 24 | 40.3% | 93.4% | ||
| Q3 24 | 40.2% | 92.5% | ||
| Q2 24 | 39.4% | 92.8% | ||
| Q1 24 | 39.3% | 93.7% |
| Q4 25 | 18.4% | -8.3% | ||
| Q3 25 | 20.7% | 12.7% | ||
| Q2 25 | 18.8% | 11.2% | ||
| Q1 25 | 22.2% | -3.8% | ||
| Q4 24 | 19.1% | 0.2% | ||
| Q3 24 | 19.5% | 13.2% | ||
| Q2 24 | 19.2% | 7.2% | ||
| Q1 24 | 18.6% | -3.8% |
| Q4 25 | 14.3% | -9.2% | ||
| Q3 25 | 15.8% | 9.6% | ||
| Q2 25 | 14.5% | 6.8% | ||
| Q1 25 | 17.3% | -2.8% | ||
| Q4 24 | 15.0% | 0.2% | ||
| Q3 24 | 15.4% | 7.3% | ||
| Q2 24 | 15.3% | 4.8% | ||
| Q1 24 | 14.8% | -14.9% |
| Q4 25 | $1.13 | $-0.32 | ||
| Q3 25 | $1.19 | $0.43 | ||
| Q2 25 | $1.17 | $0.28 | ||
| Q1 25 | $1.30 | $-0.08 | ||
| Q4 24 | $1.04 | $0.03 | ||
| Q3 24 | $1.08 | $0.27 | ||
| Q2 24 | $1.12 | $0.17 | ||
| Q1 24 | $0.99 | $-0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.0B |
| Total DebtLower is stronger | — | $819.0M |
| Stockholders' EquityBook value | $713.3M | $645.0M |
| Total Assets | $973.6M | $2.6B |
| Debt / EquityLower = less leverage | — | 1.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | — | $819.0M | ||
| Q3 25 | — | $821.0M | ||
| Q2 25 | — | $822.0M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $831.0M | ||
| Q3 24 | — | $832.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $713.3M | $645.0M | ||
| Q3 25 | $702.5M | $707.0M | ||
| Q2 25 | $677.6M | $627.0M | ||
| Q1 25 | $641.7M | $643.0M | ||
| Q4 24 | $606.2M | $943.0M | ||
| Q3 24 | $591.2M | $944.0M | ||
| Q2 24 | $563.1M | $857.0M | ||
| Q1 24 | $535.6M | $825.0M |
| Q4 25 | $973.6M | $2.6B | ||
| Q3 25 | $978.3M | $2.8B | ||
| Q2 25 | $936.4M | $2.9B | ||
| Q1 25 | $899.6M | $2.8B | ||
| Q4 24 | $816.4M | $2.6B | ||
| Q3 24 | $802.9M | $2.7B | ||
| Q2 24 | $781.3M | $2.8B | ||
| Q1 24 | $743.5M | $2.7B |
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | 1.16× | ||
| Q2 25 | — | 1.31× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | — | 0.88× | ||
| Q3 24 | — | 0.88× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-103.0M |
| Free Cash FlowOCF − Capex | $50.8M | $-122.0M |
| FCF MarginFCF / Revenue | 21.7% | -29.7% |
| Capex IntensityCapex / Revenue | 1.7% | 4.6% |
| Cash ConversionOCF / Net Profit | 1.63× | — |
| TTM Free Cash FlowTrailing 4 quarters | $169.7M | $163.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $54.8M | $-103.0M | ||
| Q3 25 | $51.3M | $44.0M | ||
| Q2 25 | $44.6M | $202.0M | ||
| Q1 25 | $33.0M | $102.0M | ||
| Q4 24 | $52.1M | $-3.0M | ||
| Q3 24 | $45.1M | $-43.0M | ||
| Q2 24 | $36.4M | $51.0M | ||
| Q1 24 | $21.5M | $139.0M |
| Q4 25 | $50.8M | $-122.0M | ||
| Q3 25 | $48.2M | $25.0M | ||
| Q2 25 | $40.6M | $177.0M | ||
| Q1 25 | $30.1M | $83.0M | ||
| Q4 24 | $47.4M | $-26.0M | ||
| Q3 24 | $42.0M | $-63.0M | ||
| Q2 24 | $34.1M | $36.0M | ||
| Q1 24 | $18.8M | $123.0M |
| Q4 25 | 21.7% | -29.7% | ||
| Q3 25 | 21.7% | 4.5% | ||
| Q2 25 | 17.1% | 33.5% | ||
| Q1 25 | 13.5% | 20.9% | ||
| Q4 24 | 23.1% | -6.3% | ||
| Q3 24 | 20.1% | -11.8% | ||
| Q2 24 | 15.7% | 7.2% | ||
| Q1 24 | 9.6% | 31.1% |
| Q4 25 | 1.7% | 4.6% | ||
| Q3 25 | 1.4% | 3.4% | ||
| Q2 25 | 1.7% | 4.7% | ||
| Q1 25 | 1.3% | 4.8% | ||
| Q4 24 | 2.3% | 5.6% | ||
| Q3 24 | 1.5% | 3.8% | ||
| Q2 24 | 1.1% | 3.0% | ||
| Q1 24 | 1.4% | 4.1% |
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.46× | 0.83× | ||
| Q2 25 | 1.29× | 5.61× | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 1.70× | -3.00× | ||
| Q3 24 | 1.41× | -1.10× | ||
| Q2 24 | 1.10× | 2.13× | ||
| Q1 24 | 0.74× | — |
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% |
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |
