Badger Meter BMI Ratios & Valuation
| 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 | |
| Returns | |||||
| Return on equity | 21.5%-0.8pp | 22.3%+2.9pp | 19.3%+3.6pp | 15.7%-0.2pp | |
| 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× | |
| Liquidity | |||||
| Current ratio | 3.4×-1.2× | 4.6×+1.2× | 3.4×+0.2× | 3.2×0.0× | |
| Leverage | |||||
| Debt-to-equity | 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% | |
| 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× | |
| Dividend yield | 0.8%+0.3pp | 0.6%-0.1pp | 0.6%-0.1pp | 0.8%+0.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
