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Badger Meter BMI Gross margin

Gross margin at other companies

Emerson Electric logo
Emerson ElectricEMR
53.2%+0.5pp
Hubbell logo
HubbellHUBB
35.2%+0.6pp
Itron logo
ItronITRI
39.9%+4.5pp
ROP
Roper Technologies, Inc.ROP
69.5%+0.7pp
Geospace Technologies Corporation logo
Geospace Technologies CorporationGEOS
29.7%-9.1pp
Mueller Water Products logo
Mueller Water ProductsMWA
37.6%+3.1pp

Other financials

Income statement

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Revenue$222.3M-6.6%
Gross profit$90.8M-7.2%
Operating income$39.4M-12.2%
Net income$29.7M-14.1%
EPS (diluted)$1.02-12.8%

Balance sheet

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Cash & equivalents$95.7M-42.1%
Total debt$12.7M+111%
Total equity$682.9M+0.8%
Total assets$998.2M+6.6%

Cash flow

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Operating cash flow$26.7M-40.1%
CapEx$4.8M+22.9%
Free cash flow$21.9M-46.2%

Valuation

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Market cap$3.98B-28.3%
P/E31.6×-9.2×
P/S4.5×-1.8×

Profitability

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Operating margin18.6%-1.3pp
Net margin14.3%-1.3pp
FCF margin17.1%-1.3pp

Returns & leverage

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Return on equity18.5%-3.4pp
Debt / equity0.0×
Current ratio2.4×-0.8×

Where this comes from

Calculated from Badger Meter’s reported figures.

Based on trailing twelve months.

The source filing: Badger Meter’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 3:58 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-313981

FAQ

What is Badger Meter's gross margin?
Badger Meter (BMI) reported gross margin of 41.3% in Q2 2026.
How has Badger Meter's gross margin changed year-over-year?
Badger Meter's gross margin increased by 0.3% year-over-year, from 41.2% to 41.3%.
What is the long-term trend for Badger Meter's gross margin?
Over 5 years (2020 to 2025), Badger Meter's gross margin has grown at a 1.1% compound annual growth rate (CAGR), from 39.5% to 41.7%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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