What are Badger Meter's profit margins?

Badger Meter (BMI) runs a 41.4% gross margin and a 18.9% operating margin, with a 14.6% 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.

Badger Meter BMI Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	41.7%+1.9pp	39.8%+0.5pp	39.3%+0.4pp	38.9%-1.8pp
Operating margin	20%+0.9pp	19.1%+2.3pp	16.8%+1.3pp	15.4%-0.1pp
Net margin	15.5%+0.3pp	15.1%+2.0pp	13.2%+1.4pp	11.8%-0.3pp
EBITDA margin	21.2%+0.8pp	20.5%+2.1pp	18.3%+0.9pp	17.4%-0.4pp
Free cash flow margin	18.5%+1.3pp	17.2%+3.3pp	13.9%+0.4pp	13.5%-2.4pp
Returns
Return on equity	21.5%-0.8pp	22.3%+2.9pp	19.3%+3.6pp	15.7%-0.2pp
Return on assets	15.8%-0.5pp	16.3%+2.3pp	14%+2.3pp	11.7%-0.4pp
Return on invested capital	33.7%-2.9pp	36.6%+8.7pp	27.9%+7.0pp	20.9%+1.2pp
Efficiency
Asset turnover	1×-0.1×	1.1×0.0×	1.1×+0.1×	1×0.0×
Inventory turnover	3.6×+0.3×	3.3×+0.2×	3.1×0.0×	3.1×-0.2×
Liquidity
Current ratio	3.4×-1.2×	4.6×+1.2×	3.4×+0.2×	3.2×0.0×
Quick ratio	2.4×-1.0×	3.4×+1.2×	2.2×+0.1×	2.1×+0.1×
Cash ratio	1.5×-1.0×	2.5×+1.0×	1.5×+0.2×	1.3×+0.2×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-1.1×+0.6×	-1.7×-0.3×	-1.4×-0.1×	-1.3×-0.4×
Per Share
Book value per share	$24.12+17.5%	$20.53+17.1%	$17.53+16.4%	$15.06+9.6%
Valuation
Market capitalization	$5.14B-17.6%	$6.24B+37.7%	$4.53B+42.0%	$3.19B+2.4%
Enterprise value	$4.93B-17.2%	$5.95B+36.9%	$4.34B+42.0%	$3.06B+0.8%
Price / earnings	36.3×-13.6×	49.9×+1.0×	48.9×+0.9×	48×-3.2×
Price / sales	5.6×-1.9×	7.5×+1.1×	6.4×+0.8×	5.6×-0.5×
Price / book	7.2×-3.1×	10.3×+1.5×	8.8×+1.6×	7.2×-0.5×
EV / EBITDA	25.3×-9.9×	35.2×+1.5×	33.7×+2.6×	31.1×-2.6×
EV / sales	5.4×-1.8×	7.2×+1.0×	6.2×+0.8×	5.4×-0.6×
Free cash flow yield	3.3%+1.0pp	2.3%+0.1pp	2.2%-0.2pp	2.4%-0.2pp
Earnings yield	2.8%+0.8pp	2%0.0pp	2%0.0pp	2.1%+0.1pp
Dividend yield	0.8%+0.3pp	0.6%-0.1pp	0.6%-0.1pp	0.8%+0.1pp
PEG ratio	2.7×+1.3×	1.4×+0.2×	1.2×-4.0×	5.2×+3.0×

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Questions, answered.

What are Badger Meter's profit margins?: Badger Meter (BMI) runs a 41.4% gross margin and a 18.9% operating margin, with a 14.6% 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.