Badger Meter, Inc. (BMI) vs Primoris Services Corporation (PRIM)
A side-by-side comparison of Badger Meter, Inc. and Primoris Services Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.
BMI
Badger Meter, Inc.
$127.77IndustrialsDelayed quote: Oct 2, 2026, 4:00 PM EDT
PRIM
Primoris Services Corporation
$79.08IndustrialsDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — BMI vs PRIM
growth of $100 · dividends reinvested · last 10yBMI +325.6% (+15.6%/yr)PRIM +296.4% (+14.8%/yr)BMI compounded faster over this window
BMI PRIM
BMI vs PRIM: by the numbers
- •PRIM is the larger company ($4.29B vs $3.70B market cap).
- •BMI trades at the lower trailing earnings multiple (29.85 vs 31.13 P/E), one valuation lens rather than an overall verdict.
- •BMI converts more revenue to profit (14.27% vs 1.92% net margin).
- •PRIM grew revenue faster over the past five years (15.53% vs 13.55% CAGR).
- •BMI pays the higher dividend yield (1.26% vs 0.42%).
Metrics side by side
Valuation
| Metric | BMI | PRIM |
|---|---|---|
| P/E ratio | 29.85 | 31.13 |
| Forward P/E | 28.70 | 36.89 |
| PEG ratio | 1.29 | 1.69 |
| P/S ratio | 4.20 | 0.59 |
| P/B ratio | 5.42 | 2.67 |
| EV / EBITDA | 18.61 | 16.19 |
| FCF yield | 4.06% | 2.05% |
Profitability
| Metric | BMI | PRIM |
|---|---|---|
| Gross margin | 41.31% | 8.62% |
| Operating margin | 18.58% | 2.99% |
| Net margin | 14.27% | 1.92% |
| ROE | 18.40% | 8.69% |
| ROIC | 14.81% | 5.72% |
Dividends
| Metric | BMI | PRIM |
|---|---|---|
| Dividend yield | 1.26% | 0.42% |
| Payout ratio | 38.32% | 12.60% |
Growth (annualized)
| Metric | BMI | PRIM |
|---|---|---|
| Revenue CAGR (5Y) | 13.55% | 15.53% |
| EPS CAGR (5Y) | 23.18% | 18.59% |
| FCF CAGR (5Y) | 15.68% | 6.58% |
| Total return CAGR (5Y) | 5.52% | 26.03% |
Frequently asked
- Which has the lower trailing P/E, BMI or PRIM?
- BMI has the lower trailing P/E: BMI trades at 29.85 and PRIM at 31.13. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BMI or PRIM?
- Over the past five years, PRIM grew revenue faster — BMI at a 13.55% CAGR versus PRIM at 15.53%.
- Does BMI or PRIM pay a bigger dividend?
- BMI yields 1.26% and PRIM yields 0.42% based on trailing dividends and the latest price.
- Is BMI or PRIM more profitable?
- BMI runs the higher net margin — BMI at 14.27% versus PRIM at 1.92%.
- How have BMI and PRIM total returns compared?
- Over the past 10 years, BMI delivered 15.45% and PRIM delivered 14.95% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Badger Meter P/E ratioPrimoris Services P/E ratioBadger Meter dividend yieldPrimoris Services dividend yieldBadger Meter ROEPrimoris Services ROEBadger Meter operating marginPrimoris Services operating marginBadger Meter revenue growthPrimoris Services revenue growthBadger Meter free cash flowPrimoris Services free cash flow
Badger Meter & Primoris Services appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.