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Side-by-side financial comparison of BADGER METER INC (BMI) and Westrock Coffee Co (WEST). Click either name above to swap in a different company.
Westrock Coffee Co is the larger business by last-quarter revenue ($339.5M vs $234.1M, roughly 1.4× BADGER METER INC). BADGER METER INC runs the higher net margin — 14.3% vs -6.6%, a 21.0% gap on every dollar of revenue. On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs 14.1%). BADGER METER INC produced more free cash flow last quarter ($50.8M vs $27.8M). Over the past eight quarters, Westrock Coffee Co's revenue compounded faster (32.8% 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.
Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.
BMI vs WEST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $234.1M | $339.5M |
| Net Profit | $33.6M | $-22.6M |
| Gross Margin | 39.7% | 11.5% |
| Operating Margin | 18.4% | -2.6% |
| Net Margin | 14.3% | -6.6% |
| Revenue YoY | 14.1% | 48.3% |
| Net Profit YoY | 9.3% | 8.3% |
| EPS (diluted) | $1.13 | $-0.22 |
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 | $339.5M | ||
| Q3 25 | $222.2M | $354.8M | ||
| Q2 25 | $238.1M | $280.9M | ||
| Q1 25 | $222.2M | $213.8M | ||
| Q4 24 | $205.2M | $229.0M | ||
| Q3 24 | $208.4M | $220.9M | ||
| Q2 24 | $216.7M | $208.4M | ||
| Q1 24 | $196.3M | $192.5M |
| Q4 25 | $33.6M | $-22.6M | ||
| Q3 25 | $35.1M | $-19.1M | ||
| Q2 25 | $34.6M | $-21.6M | ||
| Q1 25 | $38.4M | $-27.2M | ||
| Q4 24 | $30.7M | $-24.6M | ||
| Q3 24 | $32.0M | $-14.3M | ||
| Q2 24 | $33.1M | $-17.8M | ||
| Q1 24 | $29.1M | $-23.7M |
| Q4 25 | 39.7% | 11.5% | ||
| Q3 25 | 43.1% | 11.7% | ||
| Q2 25 | 41.1% | 14.7% | ||
| Q1 25 | 42.9% | 13.6% | ||
| Q4 24 | 40.3% | 16.6% | ||
| Q3 24 | 40.2% | 16.8% | ||
| Q2 24 | 39.4% | 19.9% | ||
| Q1 24 | 39.3% | 19.4% |
| Q4 25 | 18.4% | -2.6% | ||
| Q3 25 | 20.7% | -2.4% | ||
| Q2 25 | 18.8% | -5.3% | ||
| Q1 25 | 22.2% | -6.1% | ||
| Q4 24 | 19.1% | -4.3% | ||
| Q3 24 | 19.5% | -5.8% | ||
| Q2 24 | 19.2% | -7.9% | ||
| Q1 24 | 18.6% | -5.3% |
| Q4 25 | 14.3% | -6.6% | ||
| Q3 25 | 15.8% | -5.4% | ||
| Q2 25 | 14.5% | -7.7% | ||
| Q1 25 | 17.3% | -12.7% | ||
| Q4 24 | 15.0% | -10.7% | ||
| Q3 24 | 15.4% | -6.5% | ||
| Q2 24 | 15.3% | -8.5% | ||
| Q1 24 | 14.8% | -12.3% |
| Q4 25 | $1.13 | $-0.22 | ||
| Q3 25 | $1.19 | $-0.20 | ||
| Q2 25 | $1.17 | $-0.23 | ||
| Q1 25 | $1.30 | $-0.29 | ||
| Q4 24 | $1.04 | $-0.26 | ||
| Q3 24 | $1.08 | $-0.16 | ||
| Q2 24 | $1.12 | $-0.20 | ||
| Q1 24 | $0.99 | $-0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $49.9M |
| Total DebtLower is stronger | — | $444.1M |
| Stockholders' EquityBook value | $713.3M | $-1.9M |
| Total Assets | $973.6M | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $49.9M | ||
| Q3 25 | — | $34.0M | ||
| Q2 25 | — | $44.0M | ||
| Q1 25 | — | $33.1M | ||
| Q4 24 | — | $26.2M | ||
| Q3 24 | — | $22.4M | ||
| Q2 24 | — | $24.3M | ||
| Q1 24 | — | $12.6M |
| Q4 25 | — | $444.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $393.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $713.3M | $-1.9M | ||
| Q3 25 | $702.5M | $11.4M | ||
| Q2 25 | $677.6M | $18.2M | ||
| Q1 25 | $641.7M | $71.4M | ||
| Q4 24 | $606.2M | $97.5M | ||
| Q3 24 | $591.2M | $110.3M | ||
| Q2 24 | $563.1M | $81.5M | ||
| Q1 24 | $535.6M | $91.7M |
| Q4 25 | $973.6M | $1.2B | ||
| Q3 25 | $978.3M | $1.2B | ||
| Q2 25 | $936.4M | $1.2B | ||
| Q1 25 | $899.6M | $1.1B | ||
| Q4 24 | $816.4M | $1.1B | ||
| Q3 24 | $802.9M | $1.1B | ||
| Q2 24 | $781.3M | $1.1B | ||
| Q1 24 | $743.5M | $983.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.03× | ||
| Q3 24 | — | — | ||
| 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 | $36.7M |
| Free Cash FlowOCF − Capex | $50.8M | $27.8M |
| FCF MarginFCF / Revenue | 21.7% | 8.2% |
| Capex IntensityCapex / Revenue | 1.7% | 2.6% |
| Cash ConversionOCF / Net Profit | 1.63× | — |
| TTM Free Cash FlowTrailing 4 quarters | $169.7M | $-107.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $54.8M | $36.7M | ||
| Q3 25 | $51.3M | $-26.6M | ||
| Q2 25 | $44.6M | $-7.0M | ||
| Q1 25 | $33.0M | $-22.1M | ||
| Q4 24 | $52.1M | $2.8M | ||
| Q3 24 | $45.1M | $-332.0K | ||
| Q2 24 | $36.4M | $-23.7M | ||
| Q1 24 | $21.5M | $8.0M |
| Q4 25 | $50.8M | $27.8M | ||
| Q3 25 | $48.2M | $-44.7M | ||
| Q2 25 | $40.6M | $-27.5M | ||
| Q1 25 | $30.1M | $-63.4M | ||
| Q4 24 | $47.4M | $-15.4M | ||
| Q3 24 | $42.0M | $-36.7M | ||
| Q2 24 | $34.1M | $-59.9M | ||
| Q1 24 | $18.8M | $-60.9M |
| Q4 25 | 21.7% | 8.2% | ||
| Q3 25 | 21.7% | -12.6% | ||
| Q2 25 | 17.1% | -9.8% | ||
| Q1 25 | 13.5% | -29.7% | ||
| Q4 24 | 23.1% | -6.7% | ||
| Q3 24 | 20.1% | -16.6% | ||
| Q2 24 | 15.7% | -28.7% | ||
| Q1 24 | 9.6% | -31.7% |
| Q4 25 | 1.7% | 2.6% | ||
| Q3 25 | 1.4% | 5.1% | ||
| Q2 25 | 1.7% | 7.3% | ||
| Q1 25 | 1.3% | 19.3% | ||
| Q4 24 | 2.3% | 7.9% | ||
| Q3 24 | 1.5% | 16.5% | ||
| Q2 24 | 1.1% | 17.4% | ||
| Q1 24 | 1.4% | 35.8% |
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.46× | — | ||
| Q2 25 | 1.29× | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 1.70× | — | ||
| Q3 24 | 1.41× | — | ||
| Q2 24 | 1.10× | — | ||
| 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% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
