Badger Meter Financial Ratios
NYSE: BMIIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Badger Meter ratio analysis
Badger Meter earned a net margin of 15.5% in FY 2025, up from 15.1% a year earlier. Gross margin was 41.7% compared with a median of 38.9% over the prior 9 years. Return on equity reached 19.9%, meaning Badger Meter generated 0.20 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.00 versus 0.00 the year before, and the current ratio was 3.36. At the end of FY 2025, BMI traded at 36.8 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 33.3 to 55.7, with a median of 48.7. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Badger Meter financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 36.82 | 50.44 | 49.16 | 48.24 | 51.23 | 55.66 | 39.67 | 51.63 | 40.17 | 33.29 |
| Price / sales | 5.66 | 7.58 | 6.42 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price / book | 7.27 | 10.33 | 8.75 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Gross margin | 41.7% | 39.8% | 39.3% | 38.9% | 40.7% | 39.5% | 38.5% | 37.4% | 38.7% | 38.2% |
| Operating margin | 20.0% | 19.1% | 16.8% | 15.4% | 15.6% | 15.3% | 14.6% | 13.1% | 14.1% | 13.4% |
| Net margin | 15.5% | 15.1% | 13.2% | 11.8% | 12.1% | 11.6% | 11.1% | 6.4% | 8.6% | 8.2% |
| Free cash flow margin | 18.5% | 17.2% | 13.9% | 13.5% | 16.0% | 18.9% | 17.2% | 11.9% | 8.6% | 11.6% |
| Return on equity (ROE) | 19.9% | 20.6% | 17.9% | 15.0% | 15.1% | 13.7% | 14.2% | 9.2% | 12.5% | 12.6% |
| Return on assets (ROA) | 14.5% | 15.3% | 12.9% | 11.0% | 11.5% | 10.5% | 11.2% | 7.1% | 8.8% | 9.2% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.06 | 0.16 | 0.15 |
| Current ratio | 3.36 | 4.57 | 3.35 | 3.15 | 3.18 | 3.29 | 3.50 | 2.74 | 1.70 | 1.99 |
| Revenue growth | 10.9% | 17.5% | 24.4% | 11.9% | 18.7% | 0.2% | -2.1% | 7.8% | 2.2% | 4.3% |
| EPS growth | 13.2% | 34.7% | 38.9% | 8.7% | 23.1% | 5.0% | 69.5% | -20.2% | 7.2% | 23.3% |