Badger Meter (BMI) vs Mirion Technologies (MIR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Badger Meter (BMI) has outperformed Mirion Technologies (MIR) over the past year, losing 30.6% versus a loss of 32.1%. Over five years, MIR leads with a +62.4% price change compared with +19.7% for BMI. Mirion Technologies is the larger company by market cap ($4.04 billion vs $3.70 billion), about 1.1 times the size, while Badger Meter is growing revenue faster (+10.9% vs +7.5%).
On valuation, Mirion Technologies trades at a lower forward P/E (24.0x vs 25.7x for Badger Meter). Badger Meter pays a dividend yielding 1.25%, while Mirion Technologies does not currently pay one. Badger Meter converts more of its revenue into profit, with a net margin of 15.5% versus 3.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BMI | MIR |
|---|---|---|
| Share price | $127.66 | $16.22 |
| Market cap | $3.70B | $4.04B |
| 1-day change | +2.89% | -1.40% |
| YTD return | -28.86% | -30.74% |
| 1-year return | -30.63% | -32.08% |
| 5-year return | +19.70% | +62.36% |
| P/E ratio (TTM) | 29.83 | 180.22 |
| Forward P/E | 25.70 | 24.05 |
| EPS (TTM) | $4.28 | $0.09 |
| Dividend yield | 1.25% | 0.00% |
| Annual dividend | $1.60 | $0.00 |
| Revenue (latest FY) | $916.66M | $925.40M |
| Revenue growth (YoY) | +10.90% | +7.50% |
| Net income (latest FY) | $141.63M | $28.80M |
| Gross margin | 41.68% | 47.40% |
| Operating margin | 20.01% | 5.57% |
| Net margin | 15.45% | 3.11% |
| 52-week high | $204.00 | $30.28 |
| 52-week low | $112.09 | $14.04 |
| Distance from 52-week high | -37.42% | -46.43% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +22.72% | +47.97% |
| Average volume | 414.07K | 3.90M |
| Shares outstanding | 28.99M | 243.28M |
| Employees | 2,477 | 3,200 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Mirion Technologies trades at a higher earnings multiple (180.2x vs 29.8x trailing P/E).
- Badger Meter offers a meaningfully higher dividend yield (1.25% vs 0.00%).
- Badger Meter is more profitable, keeping 15.5 cents of every revenue dollar as net income versus 3.1 cents for Mirion Technologies.
About Badger Meter
BMI stock →Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide.
Industrials · Industrial Machinery/Components · 2,477 employees
About Mirion Technologies
MIR stock →Mirion Technologies, Inc. provides radiation detection, measurement, analysis, and monitoring products and services in North America, Europe, and the Asia Pacific.
Industrials · Industrial Machinery/Components · 3,200 employees
BMI vs MIR FAQ
Which is bigger, Badger Meter or Mirion Technologies?
Mirion Technologies (MIR) is larger, with a market capitalization of $4.04B compared with $3.70B for Badger Meter (BMI).
Which stock has performed better over the past year, BMI or MIR?
BMI returned -30.63% over the past 12 months, compared with -32.08% for MIR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BMI or MIR?
BMI has the lower trailing P/E at 29.8, versus 180.2 for MIR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Badger Meter or Mirion Technologies?
Badger Meter pays a dividend yielding 1.25%, while Mirion Technologies does not currently pay a regular dividend.
Are Badger Meter and Mirion Technologies in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.