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Badger Meter BMI Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin41.7%+1.9pp39.8%+0.5pp39.3%+0.4pp38.9%-1.8pp
Operating margin20%+0.9pp19.1%+2.3pp16.8%+1.3pp15.4%-0.1pp
Net margin15.5%+0.3pp15.1%+2.0pp13.2%+1.4pp11.8%-0.3pp
Returns
Return on equity21.5%-0.8pp22.3%+2.9pp19.3%+3.6pp15.7%-0.2pp
Return on invested capital33.7%-2.9pp36.6%+8.7pp27.9%+7.0pp20.9%+1.2pp
Efficiency
Asset turnover-0.1×1.1×0.0×1.1×+0.1×0.0×
Liquidity
Current ratio3.4×-1.2×4.6×+1.2×3.4×+0.2×3.2×0.0×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×
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 / earnings36.3×-13.6×49.9×+1.0×48.9×+0.9×48×-3.2×
Price / sales5.6×-1.9×7.5×+1.1×6.4×+0.8×5.6×-0.5×
Price / book7.2×-3.1×10.3×+1.5×8.8×+1.6×7.2×-0.5×
EV / EBITDA25.3×-9.9×35.2×+1.5×33.7×+2.6×31.1×-2.6×
Dividend yield0.8%+0.3pp0.6%-0.1pp0.6%-0.1pp0.8%+0.1pp

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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.