BMI vs CDZI vs PNR Stock Comparison

Badger Meter, Cadiz and Pentair Prices as of Oct 27, 2026 Peers: Industry group
BMI Badger Meter Inc
$151.82 +17.1% 1M -17.1% 1Y
Market cap
$4.34B
P/E
34.5x
Revenue (TTM)
$881.24M
Div. yield
1.08%
Water Treatment Industrials
3 wins
CDZI Cadiz Inc
$4.65 +27.4% 1M -15.0% 1Y
Market cap
$391.35M
P/E
–
Revenue (TTM)
$14.34M
Div. yield
–
Water Treatment Industrials
1 win
PNR PENTAIR plc
$62.30 +16.1% 1M -42.9% 1Y
Market cap
$9.95B
P/E
16.2x
Revenue (TTM)
$3.97B
Div. yield
1.73%
Pumps and Valves Industrials
6 wins

Head to Head

10 decided of 12

Pentair leads on 6 of the 12 questions below (Pentair 6, Badger Meter 3, Cadiz 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBMICDZIPNRLeader
Larger companyMarket capitalisation $4.34B $391.35M $9.95B PNR
Cheaper on earningsLower P/E, profitable companies only 34.5x -9.5x 16.2x PNR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.1x — 13.7x PNR
Faster revenue growthRevenue growth, trailing twelve months -2.2% -4.8% -3.9% BMI
More profitableNet margin, trailing twelve months 14.4% -286.1% 15.4% PNR
Better return on capitalReturn on invested capital — — 12.5% –
Less leveragedLower net debt / EBITDA — — 1.6x –
Higher dividend yieldTrailing dividend yield 1.08% — 1.73% PNR
Better 1-year returnPrice return, last 12 months -17.1% -15.0% -42.9% CDZI
Better 5-year returnAnnualised price return, 5 years +8.3%/yr -5.6%/yr -3.4%/yr BMI
Less volatileAnnualised volatility, 1 year 49.5% 66.8% 36.1% PNR
Higher overall scoreMean of the five percentile scores vs peers 70/100 25/100 61/100 BMI

Percentile Scorecard

BMICDZIPNR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBMICDZIPNR
Valuation 55 #10 of 21 20 #17 of 21 72 #57 of 203
Growth 61 #8 of 19 39 #12 of 19 28 #135 of 188
Profitability 94 #2 of 17 19 #14 of 17 84 #31 of 183
Financial Health 62 #9 of 22 24 #17 of 22 45 #120 of 217
Shareholder Returns 78 #3 of 10 – 76 #38 of 153
Overall 70 25 61
  • BMI ranked among 22 companies in Environmental Equipment
  • CDZI ranked among 22 companies in Environmental Equipment
  • PNR ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBMICDZIPNRSPY
1 month +17.1%+27.4%+16.1% -0.2%
3 months +12.8%+51.0%-6.7% +3.9%
6 months +28.2%+5.0%-24.8% +8.2%
Year to date -13.0%-17.1%-40.2% +12.9%
1 year -17.1%-15.0%-42.9% +12.3%
3 years +10.1%+68.5%+8.0% +87.4%
3 years, per year +3.3%+19.0%+2.6% +23.3%
5 years +48.8%-25.1%-15.9% +67.9%
5 years, per year +8.3%-5.6%-3.4% +10.9%
10 years +381.5%-36.3%+13.6% +261.1%
10 years, per year +17.0%-4.4%+1.3% +13.7%

Risk

MeasureBMICDZIPNRSPY
Volatility, 1Y 49.5%66.8%36.1% 12.7%
Downside volatility, 1Y 55.9%64.5%40.2% 12.7%
Beta vs S&P 500, 1Y 0.671.450.94 1.00
Return / volatility, 1Y -0.35-0.22-1.19 0.97
Max drawdown, 5Y -55.4%-75.0%-53.7% -25.4%
From 52-week high -19.2%-32.8%-42.9% -1.2%
52-week high $187.87$6.92$109.13 $779.14
52-week low $113.41$2.98$52.11 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBMICDZIPNR
P/E now vs peer median 34.5xmedian 25.6x -9.5xmedian 25.6x 16.2xmedian 25.2x
P/S now vs peer median 4.9xmedian 2.4x 27.3xmedian 2.4x 2.5xmedian 1.9x
EV/EBITDA now vs peer median 21.0xmedian 16.7x —median 16.7x 12.6xmedian 14.0x
P/FCF now vs peer median 30.5xmedian 23.6x —median 23.6x 15.4xmedian 21.7x
P/B now vs peer median 6.7xmedian 2.0x 83.9xmedian 2.0x 2.6xmedian 2.3x
PEG now vs peer median 2.33median 1.68 2.27median 1.68 2.12median 1.32

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBMICDZIPNR
Revenue $881.24M $14.34M $3.97B
Gross profit $366.94M $4.25M $1.64B
Operating income $165.34M -$26.90M $777.40M
Net income $126.53M -$35.98M $612.20M
Free cash flow $142.39M – $646.60M
R&D – – $94.10M
EPS (diluted) $4.38 $-1,199.69 $3.82
Cash & equivalents $67.93M $5.32M $74.00M
Total debt – $278.50M $1.48B
Shares (diluted) 28.87M 34.19K 160.30M
Enterprise value $3.74B $359.80M $9.61B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBMICDZIPNR
P/E 34.5x -9.5x 16.2x
P/FCF 30.5x – 15.4x
P/Operating cash flow 27.3x – 13.7x
P/S 4.9x 27.3x 2.5x
P/B 6.7x 83.9x 2.6x
P/Tangible book 8.8x 83.9x 3.5x
EV/EBITDA 21.0x – 12.6x
EV/EBIT 25.8x -17.6x 14.6x
EV/Revenue 4.8x 33.0x 2.9x
EV/FCF 30.0x – 17.6x
EV/Operating cash flow 26.9x – 15.7x
PEG (3Y EPS CAGR) 2.33 2.27 2.12

Growth

14 metrics
MetricBMICDZIPNR
Revenue growth (1Y) -2.2% -4.8% -3.9%
Revenue CAGR (3Y) 9.6% 89.3% -1.3%
Gross profit growth (1Y) -1.3% -12.7% -1.2%
Gross profit CAGR (3Y) 11.9% 97.5% 3.4%
Operating income growth (1Y) -7.9% -8.9% -8.3%
Operating income CAGR (3Y) 15.1% -12.0% 4.4%
Net income growth (1Y) -8.8% -9.9% -6.4%
Net income CAGR (3Y) 14.0% -4.9% 6.3%
EPS growth (1Y) -6.6% -8.4% -3.6%
EPS CAGR (3Y) 14.8% -4.2% 7.7%
Operating cash flow growth (1Y) -12.3% – -14.8%
Operating cash flow CAGR (3Y) 15.9% – 6.8%
Free cash flow growth (1Y) -14.4% – -17.4%
Free cash flow CAGR (3Y) 16.2% – 7.7%

Profitability

14 metrics
MetricBMICDZIPNR
Gross margin 41.6% 29.6% 41.2%
EBITDA margin 23.1% – 22.7%
Operating margin 18.8% -187.6% 19.6%
Pretax margin 19.1% -250.5% 17.5%
Net margin 14.4% -286.1% 15.4%
FCF margin 16.2% – 16.3%
Operating cash flow margin 18.0% – 18.3%
Return on equity 19.0% -257.3% 16.1%
Return on assets 13.0% -26.1% 9.2%
Return on invested capital – – 12.5%
Return on capital employed 20.1% -21.0% 13.5%
Asset turnover 0.9x 0.1x 0.6x
Cash conversion (OCF / net income) 1.3x – 1.2x
Stock comp / revenue 1.2% – 0.8%

Financial Health

11 metrics
MetricBMICDZIPNR
Debt / assets – 64.5% 22.3%
Debt / equity – 18.6x 0.4x
Net debt / EBITDA – – 1.6x
Debt / FCF – – 2.3x
Liabilities / assets 31.0% 96.5% 42.1%
Equity / assets 69.0% 3.5% 57.9%
Interest coverage – -2.9x –
Current ratio 2.5x 1.2x 1.5x
Quick ratio 1.2x 0.9x 0.7x
Cash ratio 0.5x 0.5x 0.1x
Altman Z-score 11.73 -6.13 3.85

Shareholder Returns

7 metrics
MetricBMICDZIPNR
Dividend yield 1.1% – 1.7%
Net buyback yield 2.7% – 4.0%
Shareholder yield 3.8% – 5.8%
Payout ratio (earnings) 37.7% – 28.1%
Payout ratio (FCF) 33.5% – 26.6%
Dividend growth (1Y) 14.1% – 6.5%
Dividend CAGR (3Y) 19.8% – 6.2%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBMICDZIPNR
Forward P/E 32.1xFY2026 – 13.7xFY2026
EPS, next fiscal year $4.73FY2026 $-0.54FY2026 $4.55FY2026
EPS growth, next FY -1.3%FY2026 – -7.5%FY2026
EPS growth, the year after +10.4% – +17.6%
Revenue, next fiscal year $930.20MFY2026 $8.61MFY2026 $3.86BFY2026
Revenue growth, next FY +1.5%FY2026 -47.2%FY2026 -7.5%FY2026
Revenue growth, the year after +10.4% +109.5% +10.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBMICDZIPNR
Held by institutions 100.0% 46.7% 95.0%
Institutions holding 479 117 719
Change in shares held, QoQ +7.9% +4.0% -0.1%
Institutions buying 254 54 353
Institutions selling 157 39 256
Buyers to sellers 1.62 1.38 1.38

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BMICDZIPNR
BMI 1.00 0.10 0.19
CDZI 0.10 1.00 0.22
PNR 0.19 0.22 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BMI, CDZI and PNR?

Pentair (PNR) is the largest by market capitalisation: Badger Meter (BMI) $4.34B, Cadiz (CDZI) $391.35M, Pentair (PNR) $9.95B.

Which stock is cheaper, BMI, CDZI and PNR?

Pentair (PNR) trades on the lowest price-to-earnings ratio (Badger Meter (BMI) 34.5x, Cadiz (CDZI) -9.5x, Pentair (PNR) 16.2x). On next year's consensus earnings, Pentair (PNR) is cheapest (Badger Meter (BMI) 32.1x, Pentair (PNR) 13.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Badger Meter (BMI) grew revenue fastest over the trailing twelve months: Badger Meter (BMI) -2.2%, Cadiz (CDZI) -4.8%, Pentair (PNR) -3.9%.

Which company is more profitable?

Pentair (PNR) has the highest net margin (Badger Meter (BMI) 14.4%, Cadiz (CDZI) -286.1%, Pentair (PNR) 15.4%).

Which stock has performed better?

Over the past year Cadiz (CDZI) returned the most: Badger Meter (BMI) -17.1%, Cadiz (CDZI) -15.0%, Pentair (PNR) -42.9%. Over five years, Badger Meter (BMI) compounded fastest (Badger Meter (BMI) +8.3%/yr, Cadiz (CDZI) -5.6%/yr, Pentair (PNR) -3.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Pentair (PNR) has the highest dividend yield: Badger Meter (BMI) 1.08%, Pentair (PNR) 1.73%. Cadiz (CDZI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Pentair (PNR) has been the steadiest (Badger Meter (BMI) 49.5%, Cadiz (CDZI) 66.8%, Pentair (PNR) 36.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BMI, CDZI and PNR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Pentair (PNR) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.