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Badger Meter BMI Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin41.3%+0.1pp41.4%+0.6pp41.7%+1.9pp41.3%+1.7pp41.2%+1.9pp
Operating margin18.6%-1.3pp18.9%-1.2pp20%+0.9pp19.9%+1.2pp19.9%+1.8pp
Net margin14.3%-1.3pp14.6%-1.2pp15.5%+0.3pp15.4%+0.6pp15.5%+1.1pp
Returns
Return on equity18.5%-3.4pp19.6%-3.2pp21.5%-0.8pp21.5%-0.5pp21.9%+0.1pp
Efficiency
Asset turnover0.9×-0.1×-0.1×-0.1×-0.1×-0.1×
Liquidity
Current ratio2.4×-0.8×+0.1×3.4×-1.2×3.2×-0.9×3.2×-0.5×
Per Share
Book value per share$23.43+2.3%$23.51+8.3%$24.12+17.5%$23.75+18.7%$22.90+20.1%
Valuation
Market capitalization$3.98B-28.3%$4.45B-20.5%$5.14B-17.6%$5.26B-18.1%$7.28B+32.9%
Price / earnings31.6×-9.2×34×-7.6×36.3×-13.6×37.9×-16.1×53.6×+5.1×
Price / sales4.5×-1.8×-1.6×5.6×-1.9×5.8×-2.2×8.3×+1.3×
Price / book5.8×-2.4×6.4×-2.3×7.2×-3.1×7.5×-3.4×10.7×+1.0×
Dividend yield1.2%+0.5pp1%+0.3pp0.8%+0.3pp0.8%+0.3pp0.5%0.0pp

FAQ

What are Badger Meter's profit margins?
Badger Meter (BMI) runs a 41.3% gross margin and a 18.6% operating margin, with a 14.3% net margin.
Where do Badger Meter's ratios come from?
Every ratio is computed from Badger Meter's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.