Badger Meter, Inc. (BMI)

Badger Meter Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 3, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	5,334	6,239	4,530	3,191	3,117	2,739
Market Cap Growth	-14.38%	37.71%	41.96%	2.38%	13.81%	44.89%
Enterprise Value	5,169	5,986	4,374	3,084	3,057	2,652
Last Close Price	181.01	211.02	152.60	107.03	103.68	90.85
PE Ratio	39.43	49.93	48.92	47.99	51.19	55.50
Forward PE	36.54	44.37	44.52	43.77	53.35	53.32
PS Ratio	6.09	7.55	6.44	5.64	6.17	6.44
PB Ratio	7.87	10.29	8.77	7.21	7.73	7.58
P/TBV Ratio	16.89	14.00	13.10	11.29	13.61	12.86
P/FCF Ratio	33.33	43.87	46.17	41.68	38.59	34.01
P/OCF Ratio	30.52	40.24	41.14	38.70	35.62	30.57
PEG Ratio	3.04	2.46	3.72	3.65	5.67	5.93
EV/Sales Ratio	5.91	7.24	6.22	5.45	6.05	6.23
EV/EBITDA Ratio	24.93	31.49	29.95	27.19	28.71	29.40
EV/EBIT Ratio	29.68	37.91	37.09	35.38	38.89	40.80
EV/FCF Ratio	32.29	42.09	44.58	40.28	37.85	32.94
Debt / Equity Ratio	-	0.01	0.01	0.02	0.02	0.02
Debt / EBITDA Ratio	-	0.03	0.04	0.06	0.06	0.08
Debt / FCF Ratio	-	0.04	0.06	0.09	0.08	0.09
Asset Turnover	1.02	1.08	1.07	1.00	1.01	0.95
Inventory Turnover	3.33	3.35	3.12	3.15	3.31	3.15
Quick Ratio	2.04	3.21	2.09	1.95	1.86	1.97
Current Ratio	3.23	4.57	3.35	3.15	3.18	3.29
Return on Equity (ROE)	21.88%	22.26%	19.31%	15.73%	15.93%	14.25%
Return on Assets (ROA)	12.68%	12.87%	11.17%	9.61%	9.80%	9.10%
Return on Capital (ROIC)	17.45%	17.40%	15.17%	12.69%	12.63%	11.40%
Return on Capital Employed (ROCE)	21.80%	22.60%	20.20%	17.70%	17.50%	16.10%
Earnings Yield	2.54%	2.00%	2.04%	2.08%	1.95%	1.80%
FCF Yield	3.00%	2.28%	2.17%	2.40%	2.59%	2.94%
Dividend Yield	0.75%	0.58%	0.65%	0.79%	0.73%	0.77%
Payout Ratio	30.94%	28.69%	31.37%	37.42%	36.39%	41.22%
Buyback Yield / Dilution	-0.24%	-0.27%	-0.27%	-0.13%	-0.37%	-0.03%
Total Shareholder Return	0.51%	0.31%	0.38%	0.66%	0.36%	0.74%

Updated Jul 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q