Market cap
$4,338 Mln
Revenue (TTM)
$881 Mln
P/E Ratio
30.8
P/B Ratio
5.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 6.12 | 0.12 | -2.21 | 9.65 | 12.84 |
| EBIT | 21.71 | 1.09 | -8.12 | 15.83 | 18.29 |
| Net Profit | 20.80 | 2.35 | -8.82 | 14.00 | 17.41 |
| EPS | 21.94 | 4.88 | -7.85 | 14.29 | 17.49 |
| 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 | 19.10 | 20.58 | 19.11 |
| Net Margin
| -- | -- | 14.36 | -- | -- |
| Return on equity
| 21.01 | 18.94 | 18.86 | 21.47 | 22.26 |
| Return on Capital
| 20.82 | 18.72 | -- | 21.37 | 22.03 |
| Return on Assets
| 15.38 | 14.01 | 10.36 | 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
18.86
Higher than Peers by 4.61
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
18.86
|
21.47
|
22.26
|
19.31
|
15.73
|
|
Peer Median
|
14.25
|
--
|
--
|
--
|
--
|
ROA
10.36
Higher than Peers by 4.28
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
10.36
|
15.83
|
16.30
|
14.03
|
11.73
|
|
Peer Median
|
6.08
|
--
|
--
|
--
|
--
|
EBIT Margin
19.10
Higher than Peers by 4.14
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
19.10
|
20.58
|
19.11
|
16.76
|
15.41
|
|
Peer Median
|
14.97
|
--
|
--
|
--
|
--
|
Net Margin
14.36
Higher than Peers by 4.24
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
14.36
|
15.45
|
15.12
|
13.16
|
11.76
|
|
Peer Median
|
10.11
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-2.21
Lower than Peers by 7.23
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
-2.21
|
0.11
|
0.17
|
0.24
|
0.12
|
|
Peer Median
|
5.03
|
--
|
--
|
--
|
--
|
EBIT Growth
-8.12
Lower than Peers by 14.30
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
-8.12
|
19.45
|
33.94
|
35.28
|
10.89
|
|
Peer Median
|
6.17
|
--
|
--
|
--
|
--
|
Net Profit Growth
-8.82
Lower than Peers by 19.54
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
-8.82
|
13.36
|
34.93
|
39.25
|
9.22
|
|
Peer Median
|
10.71
|
--
|
--
|
--
|
--
|
EPS Growth
-7.85
Lower than Peers by 21.63
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
-7.85
|
0.13
|
0.35
|
0.39
|
0.09
|
|
Peer Median
|
13.78
|
--
|
--
|
--
|
--
|
Book Value Growth
-5.03
Lower than Peers by 15.10
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
-5.03
|
--
|
--
|
--
|
--
|
|
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
2.48
Lower than Peers by 0.07
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
2.48
|
3.36
|
4.57
|
3.35
|
3.15
|
|
Peer Median
|
2.55
|
--
|
--
|
--
|
--
|
Quick Ratio
1.36
Lower than Peers by 0.23
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
1.36
|
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
|
11.54
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
12.69
Lower than Peers by 4.13
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
12.69
|
12.26
|
10.20
|
11.87
|
13.55
|
|
Peer Median
|
16.82
|
--
|
--
|
--
|
--
|
Asset Turnover
0.72
Higher than Peers by 0.10
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Badger Meter (BMI)
|
0.72
|
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
30.79
Higher than Peers by 0.29
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)
|
30.79
|
36.38
|
49.86
|
49.13
|
48.22
|
|
Peer Median
|
30.50
|
--
|
--
|
--
|
--
|
Price / Book Value
5.61
Higher than Peers by 1.73
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)
|
5.61
|
7.22
|
10.28
|
8.81
|
7.25
|
|
Peer Median
|
3.88
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
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)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.57
|
--
|
--
|
--
|
--
|
EV/EBITDA
18.68
--
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)
|
18.68
|
22.07
|
31.25
|
29.88
|
27.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
4,338
Higher than Peers by 3,536
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)
|
4,338
|
--
|
--
|
--
|
--
|
|
Peer Median
|
801
|
--
|
--
|
--
|
--
|