Market cap
$3,714 Mln
Revenue (TTM)
$881 Mln
P/E Ratio
30.7
P/B Ratio
5.6
Div. Yield
1.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 9.91 | -6.63 | 0.80 | 11.81 | 13.55 |
| EBIT | 8.44 | -13.94 | -4.86 | 18.54 | 18.19 |
| Net Profit | 8.73 | -14.06 | -7.39 | 17.56 | 17.68 |
| EPS | 9.56 | -12.79 | -7.08 | 17.55 | 17.56 |
| Book Value | -- | -- | 16.97 | 17.08 | 14.35 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 18.82 | 17.48 | 19.05 | 20.58 | 19.11 |
| Net Margin
| -- | -- | 14.27 | -- | -- |
| Return on equity
| 21.01 | 18.94 | 18.00 | 21.47 | 22.26 |
| Return on Capital
| 20.82 | 18.72 | -- | 21.37 | 22.03 |
| Return on Assets
| 15.38 | 14.01 | 11.20 | 15.83 | 16.30 |
| Debt to Equity (x)
| -- | -- | 0.00 | -- | 0.01 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
--
|
21.37
|
22.03
|
19.06
|
15.49
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
18.00
Higher than Peers by 3.97
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
18.00
|
21.47
|
22.26
|
19.31
|
15.73
|
|
Peer Median
|
14.03
|
--
|
--
|
--
|
--
|
ROA
11.20
Higher than Peers by 5.27
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
11.20
|
15.83
|
16.30
|
14.03
|
11.73
|
|
Peer Median
|
5.93
|
--
|
--
|
--
|
--
|
EBIT Margin
19.05
Higher than Peers by 4.35
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
19.05
|
20.58
|
19.11
|
16.76
|
15.41
|
|
Peer Median
|
14.70
|
--
|
--
|
--
|
--
|
Net Margin
14.27
Higher than Peers by 4.17
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
14.27
|
15.45
|
15.12
|
13.16
|
11.76
|
|
Peer Median
|
10.10
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
0.80
Lower than Peers by 4.10
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
0.80
|
0.11
|
0.17
|
0.24
|
0.12
|
|
Peer Median
|
4.91
|
--
|
--
|
--
|
--
|
EBIT Growth
-4.86
Lower than Peers by 10.44
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
-4.86
|
19.45
|
33.94
|
35.28
|
10.89
|
|
Peer Median
|
5.58
|
--
|
--
|
--
|
--
|
Net Profit Growth
-7.39
Lower than Peers by 18.14
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
-7.39
|
13.36
|
34.93
|
39.25
|
9.22
|
|
Peer Median
|
10.75
|
--
|
--
|
--
|
--
|
EPS Growth
-7.08
Lower than Peers by 20.81
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
-7.08
|
0.13
|
0.35
|
0.39
|
0.09
|
|
Peer Median
|
13.73
|
--
|
--
|
--
|
--
|
Book Value Growth
2.32
Lower than Peers by 7.76
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
2.32
|
--
|
--
|
--
|
--
|
|
Peer Median
|
10.08
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
--
|
--
|
0.01
|
0.01
|
0.02
|
|
Peer Median
|
0.43
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
--
|
--
|
0.01
|
0.00
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.42
Lower than Peers by 0.13
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
2.42
|
3.36
|
4.57
|
3.35
|
3.15
|
|
Peer Median
|
2.55
|
--
|
--
|
--
|
--
|
Quick Ratio
1.39
Lower than Peers by 0.20
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
1.39
|
2.36
|
3.36
|
2.19
|
2.07
|
|
Peer Median
|
1.59
|
--
|
--
|
--
|
--
|
Interest Coverage
--
--
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
--
|
--
|
--
|
--
|
157.91
|
|
Peer Median
|
11.22
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
13.76
Lower than Peers by 3.02
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
13.76
|
12.26
|
10.20
|
11.87
|
13.55
|
|
Peer Median
|
16.79
|
--
|
--
|
--
|
--
|
Asset Turnover
0.78
Higher than Peers by 0.17
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
0.78
|
1.02
|
1.08
|
1.07
|
1.00
|
|
Peer Median
|
0.62
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
--
|
39.18
|
37.08
|
41.57
|
46.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
--
|
100.89
|
109.08
|
116.94
|
115.97
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
--
|
43.71
|
50.47
|
65.52
|
59.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
--
|
96.37
|
95.69
|
93.00
|
102.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
30.65
Lower than Peers by 2.47
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
30.65
|
36.38
|
49.86
|
49.13
|
48.22
|
|
Peer Median
|
33.13
|
--
|
--
|
--
|
--
|
Price / Book Value
5.56
Higher than Peers by 1.40
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
5.56
|
7.22
|
10.28
|
8.81
|
7.25
|
|
Peer Median
|
4.16
|
--
|
--
|
--
|
--
|
Dividend Yield
1.22
Higher than Peers by 0.51
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
1.22
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.71
|
--
|
--
|
--
|
--
|
EV/EBITDA
18.49
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
18.49
|
22.07
|
31.25
|
29.88
|
27.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
3,714
Higher than Peers by 2,716
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
3,714
|
--
|
--
|
--
|
--
|
|
Peer Median
|
998
|
--
|
--
|
--
|
--
|