BADGER METER INC (BMI) - Dilution Analysis

Visualizing historical and potential share dilution over time

View Stock Details

American Express® Business Gold Card

Earn Up to 200K Membership Rewards® Points

4X on your top 2 spending categories. Transfer to 20+ airline & hotel partners. Terms apply.

Learn More

Dilution Analysis

Low Risk

Limited dilution potential

Last updated: April 20, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares

Recent Dilution: 0.32% (2 years)

Historical Dilution Factor: minimal recent dilution

Outstanding Shares

29M

Potential Supply

Additional shares possible

Splits

None

Past 2 years

Summary

BMI currently has 29.2M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.32% over the past 2 years.

Share Structure Timeline

Outstanding Shares

Total Supply

Historical Data Points

Date	Event	Outstanding
Apr 20, 2026	10-Q filing \| 29.2M shares outstanding	29M
Oct 22, 2025	10-Q filing \| 29.4M shares outstanding	29M
Jul 23, 2025	10-Q filing \| 29.4M shares outstanding	29M
Apr 18, 2025	10-Q filing \| 29.4M shares outstanding	29M
Feb 14, 2025	10-K filing \| 29.4M shares outstanding	29M
Oct 18, 2024	10-Q filing \| 29.4M shares outstanding	29M
Jul 22, 2024	10-Q filing \| 29.4M shares outstanding	29M
Apr 19, 2024	10-Q filing \| 29.3M shares outstanding	29M
Feb 16, 2024	10-K filing \| 29.4M shares outstanding	29M
Oct 24, 2023	10-Q filing \| 29.3M shares outstanding	29M
Jul 25, 2023	10-Q filing \| 29.3M shares outstanding	29M
Apr 25, 2023	10-Q filing \| 29.3M shares outstanding	29M
Feb 22, 2023	10-K filing \| 29.3M shares outstanding	29M
Oct 25, 2022	10-Q filing \| 29.2M shares outstanding	29M
Jul 26, 2022	10-Q filing \| 29.2M shares outstanding	29M
Apr 28, 2022	10-Q filing \| 29.2M shares outstanding	29M
Feb 23, 2022	10-K filing \| 29.2M shares outstanding	29M
Oct 28, 2021	10-Q filing \| 29.3M shares outstanding	29M
Jul 27, 2021	10-Q filing \| 29.1M shares outstanding	29M
Apr 28, 2021	10-Q filing \| 29.1M shares outstanding	29M
Feb 24, 2021	10-K filing \| 29.1M shares outstanding	29M
Oct 28, 2020	10-Q filing \| 29.0M shares outstanding	29M
Jul 30, 2020	10-Q filing \| 29.0M shares outstanding	29M
Apr 29, 2020	10-Q filing \| 29.0M shares outstanding	29M
Feb 21, 2020	10-K filing \| 29.1M shares outstanding	29M

Back to BMI Details