On this page of Benford's Law Stocks.com we present our study of BADGER METER INC — ticker symbol BMI. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 4/29/2020 to 2/14/2025 for BADGER METER INC under CIK number 0000009092. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for BMI, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for BADGER METER INC based on the past BMI filings our system processed in the past.
Benford Chart for BMI 10K Filed 2/14/2025
29.5
14.8
11.6
8.9
7.3
8.1
7.2
7.0
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, BMI stockholder letter ]
Total numbers found: 877
Recent share count: 29,410,656 (2's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
877
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 9 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for BMI = 82
82

Starting from a possible score of 100, we made the following score deductions:
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 7's percentage was above the company's typical historical range.
 • We deducted points upon observing the 8's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 8's percentage was above the company's typical historical range.
 • We deducted points upon observing the 9's percentage was above the typical coverage universe range.
BMI's Score Vs. Typical Stock
Benford's Law Stocks Indicator
BMI
Normal score compared to other filers, falling within the middle 50%.
Other Stocks Ranking Near BMI
GRCE
PRMB
CHD
CNS
 KLC
AVTR
BRC
CNMD
Check our work! We provide our BADGER METER INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the BMI filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 259 numbers that start with the digit 1. Here they are:
191,782
143,408
153,674
17,078
13,214
152,440
144,582
158,943
152,110
12,676
11,249
111,770
113,163
11,102
118,205
131,948
1
1,646
171,248
158,389
132,675
157,936
118,049
130
130
166,500
121,966
124,942
178
172
158
124,942
118,682
124,942
11,103
10,937
11,090
17,173
15,151
11,074
153
1,444
11,328
10,320
12,161
15,312
10,557
17,519
15,955
155,034
110,117
12,818
12,003
17,127
15,818
1,077
103,523
191,782
138,052
191,782
138,052
1,517
136
197
122
143
109
113
1,646
124,942
124,942
1.22
105
194
194
1
199
1,179
1,862
137
1,179
1,942
1,498
14.9
1,583
1,301
15,532
12,936
15,097
10,240
15,424
122,331
126,063
111.8
113.2
11,102
13,349
16,693
11,102
12,868
19.2
19.0
15.8
1,646
1,146
1,646
100
185
1
1
100
17.1
10.3
1.9
150.0
100.0
154.1
1,000,000
1
196,747
166,314
143,914
163,316
147,937
137,429
17,718
12,529
16,023
10,910
1
1.6
125.11
111.99
18,782
161.50
16,591
104.74
1,244
139.72
136.15
1.2
100.37
16,870
18,698
123.77
10,701
120.74
108.59
18,796
159.92
10,554
160.40
100.37
137.88
129.20
1.0
1.5
1.2
1.1
184
119
179
193
162
184
1,121
1.4
104
1,251
169,608
120,384
1,582
166,500
121,966
1,476
1,242
1,719
1,332
1,354
18,421
1,548
1,016
1,342
1,062
158
1,739
1,269
1,178
1,263
1,166
12,201
1,071
1,359
1,020
13,369
14,844
17,654
1.8
17.6
17.4
13.5
1,395
1,039
172
1,220
1,395
1
11,239
13,545
14,995
10,447
12,958
12,768
16,776
10,381
1,991
13,727
12,807
16,977
17,189
131,892
140,999
196,280
1.13
1.09
1.05
1.12
1.08
1.04
164.81
139.50
151.18
181.00
193.00
161.81
186.35
159,101
175,858
186,193
182,440
19,415
124.35
156.15
170.86
158.47
103.93
117.53
138.71
134.06
121.82
147.56
143.87
154.37
100.0
100.0
14.2
192
1,194
1,186
We found 130 numbers that start with the digit 2. Here they are:
29,410,893
295,305
24,022
233,203
225,988
22,715
29,871
20,351
276,438
219,970
29,368
21,221
2.28
2.26
29,356
29,284
29,218
29,534
29,456
29,376
226
21,082
21,021
28,007
21,549
29,130
29,052
24,881
28,085
24,605
295,305
24,038
2,297
2,283
24,876
24,876
24
26
29,034
29,034
24
226
226
2,904
275
2,980
2,904
2,412
2,135
28,981
27,884
2.5
2,566
226
226
226
26
2,566
200,000
2.1
2.0
2
227,262
25,986
27.04
22,400
2,175
23,323
22,356
2.4
2.0
21,637
23,302
21,261
200
2.5
22,122
2,892
20,973
2,628
2.61
25
206
2.82
206
22
295
290
29,629
20,089
2,031
29,368
21,221
25,613
2,938
251
29,368
21,221
2,959
2,509
2,489
2,683
297
28,873
2.7
213
28,718
2,178
22,678
25,902
216,658
208,438
205,182
29,131
27
27
202.81
220.25
239.11
218.41
212.12
22,493
25,969
24,721
23
23
27
27
2,675
2,026
We found 102 numbers that start with the digit 3. Here they are:
34,764
36,705
32,525
34,912
3,652
3,033
3,614
37,221,098
37,221
37,221
36,698
36,997
345,598
329,184
3.16
3.14
338
3,148
32,467
31,533
30,092
3,000
35,847
35,096
38,934
364
37,221
353,535
37,046
3,148
3,148
329
37,221
395,155
37,253
37,221
36,997
35,865
35,865
37,221
36,698
33
3.8
3.7
3.4
3.3
3.8
3.8
37,221,098
3.0
3
30,433
31.77
33.55
3,272
3,919
30,408
3.3
3.2
3.6
3.5
3.7
3,922
3,322
3,922
309
3,032
3,613
3,322
3,922
3
3,108
375
34,967
340
388
3,396
3,791
3,826
35,181
3,297
32,498
3,743
394
342
345
37,293
39,106
3,620
3,931
33,056
32,038
30,717
34
34
38.0
3,626
3,406
366
3,992
3,598
386
4's 5's 6's
We found 78 numbers that start with the digit 4. Here they are:
41,261
442,177
45,066
49,763
4,801
4,758
458,719
497,374
427,154
4,047
49
41,558
4.26
4.23
4,411
427
450
49,224
403,070
427
427
427
442,422
4,411
4,411
4
458,719
41
4,023
4.2
42,341
41,845
4,411
4,411
4,411
4,337
40,000,000
4
43.56
4,529
45.35
47.83
42.23
46.06
49.45
4,327
41,092
42,039
42,846
4.7
4.0
4.89
4.7
4.0
48
4.96
4,244
4.96
4,037
41,201
4,720
4,289
41,558
456
41,558
4,069
4,948
45,539
42,242
4,323
485
491,683
4,258
4,187
43,556
43,882
44,317
408
We found 64 numbers that start with the digit 5. Here they are:
5.45
540,116
53,737
55,659
5,061
5,293
59,185
547,796
516,482
565,568
552
5,619
5,188
5,891
5,891
597
53,730
50,878
56,043
581
53,282
5,983
5,188
5,188
59,185
516,482
547,796
515
5.6
597
592
595
578
5,863
5,624
5,983
50.06
57,067
51,075
50
5
5.09
50
5.16
557
543
582
5.59
5,236
571
515
523
5,744
565,568
550,018
562
58,784
59,970
5.3
5,858
5,522
5,758
5.0
511
We found 71 numbers that start with the digit 6. Here they are:
64,153
6,927
68,489
65,819
606,232
66,496
66,496
6,486
6,719
600
60,377
66,496
648
6,182
6,351
66,496
66,496
600
600
6,719
6,719
6,486
6,486
646
6,182
6,182
65,819
606,232
697
6,874
6,681
6,874
6,078
6,681
62,451
66,157
6,463
627
610
650
650
6,382
69
6,486
6,486
6,486
6,260
6,977
6
60.82
66.87
6,746
60
65
60
6,383
693
6,089
6
621,166
661,843
62,816
69,434
66
66
6.3
659,275
6.8
6.0
6,014
6,014
7's 8's 9's
We found 63 numbers that start with the digit 7. Here they are:
77,649
71,526
72,149
74,260
73,878
716,919
7,283
7,906
7,810,158
7,873,781
716,919
703,592
74
7,012
7,732
751
703
703
74
74
76
751
7,906
7.9
7,086
77,265
72,326
7,827
76
7,906
74
74
74
7
7.7
72.62
75.97
72,245
77,994
7
72
72
7,376
78
735
7,527
746
745,192
703,592
74,260
73,878
716,919
77,178
72,723
71,465
77
76
7.1
767,774
703,592
78,274
78.3
7,200
We found 61 numbers that start with the digit 8. Here they are:
84,325
83,507
82,681
816,413
81,807
80,000,000
816,413
826,558
87,295
8,613
87,717
8,506
82,451
828
87,174
830
85
824
8,485
895
8.6
8.6
8.7
8,092
8,235
8,356
8,886
80,000,000
80,000,000
870,642
86.53
84.85
836
80,000
8
85
83,680
87,717
8,147
8,001
814
827
825
8,128
8,007
8,361
825
84
826,558
816,413
85,368
83,878
82,760
89
84
88
84
826,558
84,325
83,507
8.0
We found 49 numbers that start with the digit 9. Here they are:
9,237
9,257
9,168
9,410
91,976
92,598
92,598
96,935
92,598
9,650
967
98
92,598
92,598
99
967
95
9.1
9,193
9,606
93
9,759
9,606
920
9,052
994
920
909,688
97.41
97.68
97.62
97.62
99.43
98.92
91
9,955
955
942
930
967
971
988
977
9.5
9,286
99
99
92.9
93.7
While the above BMI 10K Filed 2/14/2025 is interesting in isolation, we have found that it is also useful to take a look at older BADGER METER INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 2/14/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical BMI 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10K Filed 2/14/2025
29.5
14.8
11.6
8.9
7.3
8.1
7.2
7.0
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL? ✓  [ original filing ]
Total numbers found: 877

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 4/19/2024
26.8
13.9
15.4
7.8
10.5
7.5
6.3
4.5
7.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 55
XBRL? ✓  [ original filing ]
Total numbers found: 332

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 7/25/2023
26.4
14.9
14.9
12.3
8.9
7.8
6.3
5.4
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL? ✓  [ original filing ]
Total numbers found: 462

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 10/25/2022
31.2
13.4
15.7
10.5
10.3
6.5
3.8
3.6
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL? ✓  [ original filing ]
Total numbers found: 477

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10K Filed 2/23/2022
30.3
15.6
11.8
10.5
10.9
8.5
4.8
4.0
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL? ✓  [ original filing ]
Total numbers found: 879

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 4/28/2021
27.9
13.8
16.7
14.4
7.3
8.2
6.2
3.2
2.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL? ✓  [ original filing ]
Total numbers found: 341

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 7/30/2020
21.3
23.0
18.6
10.5
6.3
3.8
6.3
4.2
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL? ✓  [ original filing ]
Total numbers found: 522

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 10/18/2024
24.9
14.5
15.5
8.0
8.8
8.0
6.7
5.9
7.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 47
XBRL? ✓  [ original filing ]
Total numbers found: 477

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10K Filed 2/16/2024
27.5
15.3
10.0
9.5
9.1
9.1
7.5
6.4
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL? ✓  [ original filing ]
Total numbers found: 872

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 4/25/2023
29.7
14.2
13.9
11.0
7.7
9.4
4.2
4.2
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL? ✓  [ original filing ]
Total numbers found: 310

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 7/26/2022
24.2
18.2
16.5
11.5
10.2
4.1
6.7
4.5
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL? ✓  [ original filing ]
Total numbers found: 462

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 10/28/2021
27.3
15.0
17.4
12.3
10.7
4.7
4.5
2.0
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL? ✓  [ original filing ]
Total numbers found: 494

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10K Filed 2/24/2021
27.8
15.2
14.1
13.2
10.3
7.4
4.0
4.3
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 929

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 4/29/2020
28.7
19.0
14.2
15.3
6.2
5.1
4.5
4.3
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL? ✓  [ original filing ]
Total numbers found: 352

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 7/22/2024
24.9
14.2
15.9
10.3
11.1
9.4
6.1
5.0
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL? ✓  [ original filing ]
Total numbers found: 478

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 10/24/2023
28.6
14.9
14.7
9.1
7.5
9.3
6.2
5.2
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL? ✓  [ original filing ]
Total numbers found: 483

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10K Filed 2/22/2023
28.0
16.3
11.2
9.7
10.4
10.0
5.5
4.5
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL? ✓  [ original filing ]
Total numbers found: 886

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 4/28/2022
27.0
14.9
18.3
11.2
9.3
5.6
6.2
5.0
2.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL? ✓  [ original filing ]
Total numbers found: 322

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 7/27/2021
23.8
20.0
18.6
10.5
8.3
4.0
5.7
3.4
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL? ✓  [ original filing ]
Total numbers found: 495

■ = Typical BMI range from 4/29/2020 to 2/14/2025
10Q Filed 10/28/2020
24.1
16.9
19.2
14.4
8.7
5.1
4.4
2.8
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL? ✓  [ original filing ]
Total numbers found: 527

■ = Typical BMI range from 4/29/2020 to 2/14/2025
KOPN 10K Filed 4/16/2025:
83
LAKE 10K Filed 4/16/2025:
93
NUGN 10K Filed 4/17/2025:
88
TFIN 10Q Filed 4/16/2025:
80
DEVS 10Q Filed 4/16/2025:
69
UAL 10Q Filed 4/16/2025:
65
CSX 10Q Filed 4/16/2025:
90
IVCAU 10K Filed 4/16/2025:
51
CTRN 10K Filed 4/16/2025:
79
FAST 10Q Filed 4/16/2025:
82
WINA 10Q Filed 4/16/2025:
48
ALV 10Q Filed 4/16/2025:
85
MOV 10K Filed 4/16/2025:
86
TRV 10Q Filed 4/16/2025:
69
OMC 10Q Filed 4/15/2025:
83
MLRT 10K Filed 4/16/2025:
82
STI 10K Filed 4/15/2025:
54
SOPA 10K Filed 4/15/2025:
87
ASFT 10K Filed 4/15/2025:
21
ONFO 10K Filed 4/15/2025:
69
AQUNU 10K Filed 4/15/2025:
57
HNRA 10K Filed 4/15/2025:
85
IRAAU 10K Filed 4/15/2025:
94
NMHI 10K Filed 4/15/2025:
83
LIFW 10K Filed 4/15/2025:
78
AREN 10K Filed 4/15/2025:
98
KAPA 10K Filed 4/15/2025:
76
ECDA 10K Filed 4/15/2025:
74
BOWNU 10K Filed 4/15/2025:
56
KUBR 10K Filed 4/15/2025:
0
VEEA 10K Filed 4/15/2025:
97
XTIA 10K Filed 4/15/2025:
89
LRHC 10K Filed 4/15/2025:
79
WSTRF 10K Filed 4/15/2025:
54
WINT 10K Filed 4/15/2025:
95
MTNB 10K Filed 4/15/2025:
64
XWEL 10K Filed 4/15/2025:
81
TRUG 10K Filed 4/15/2025:
82
BRACU 10K Filed 4/15/2025:
83
PORTU 10K Filed 4/15/2025:
61
 

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