Badger Meter Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	3,334	5,125	6,239	4,530	3,194	3,117
Market Cap Growth	-49.44%	-17.84%	37.71%	41.85%	2.47%	13.69%
Enterprise Value	3,128	4,899	5,943	4,339	3,056	3,030
Last Close Price	114.23	174.41	212.12	154.37	109.03	106.56
PE Ratio	25.84	36.41	50.15	49.16	48.24	51.23
Forward PE	24.72	33.12	44.37	44.52	43.77	53.35
PEG Ratio	-	2.21	2.21	2.21	2.21	2.21
PS Ratio	3.72	5.59	7.55	6.44	5.65	6.17
PB Ratio	4.83	7.19	10.29	8.77	7.22	7.73
P/TBV Ratio	4.88	7.23	10.33	8.80	7.24	7.76
P/FCF Ratio	19.72	30.21	43.87	46.17	41.72	38.59
P/OCF Ratio	18.06	27.90	40.24	41.14	38.74	35.62
EV/Sales Ratio	3.49	5.34	7.19	6.17	5.40	6.00
EV/EBITDA Ratio	15.55	22.47	31.26	29.68	26.91	28.43
EV/EBIT Ratio	18.48	26.71	37.63	36.75	35.01	38.49
EV/FCF Ratio	18.50	28.88	41.79	44.22	39.91	37.51
Net Debt / Equity Ratio	-0.30	-0.32	-0.49	-0.37	-0.31	-0.22
Net Debt / EBITDA Ratio	-1.00	-1.04	-1.55	-1.31	-1.22	-0.82
Net Debt / FCF Ratio	-1.22	-1.33	-2.08	-1.95	-1.80	-1.08
Asset Turnover	0.92	1.02	1.08	1.07	1.00	1.01
Inventory Turnover	3.21	3.62	3.35	3.12	3.15	3.31
Quick Ratio	1.86	2.25	3.21	2.09	1.95	1.86
Current Ratio	3.00	3.36	4.57	3.35	3.15	3.18
Return on Equity (ROE)	18.60%	21.47%	22.26%	19.31%	15.73%	15.93%
Return on Assets (ROA)	13.04%	15.39%	15.46%	13.58%	11.67%	12.17%
Return on Invested Capital (ROIC)	19.80%	25.78%	28.08%	22.79%	17.55%	16.69%
Return on Capital Employed (ROCE)	20.83%	24.12%	24.62%	21.91%	18.55%	18.48%
Earnings Yield	3.92%	2.75%	1.99%	2.03%	2.07%	1.95%
FCF Yield	5.07%	3.31%	2.28%	2.17%	2.40%	2.59%
Dividend Yield	1.40%	0.85%	0.58%	0.64%	0.78%	0.71%
Payout Ratio	36.19%	30.73%	28.69%	31.37%	37.42%	36.39%
Buyback Yield / Dilution	0.11%	-0.12%	-0.26%	-0.27%	-0.13%	-0.37%
Total Shareholder Return	1.51%	0.73%	0.31%	0.37%	0.65%	0.34%

Updated Apr 20, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q