Badger Meter, Inc.

BMI Technology Scientific & Technical Instruments

Badger Meter, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $916.7 million, up 10.9% from fiscal 2024.

Revenue
+0.12%
EPS
+5.04%
Free cash flow
−16.4%

Quarter to September 2026, against a year earlier

166.07 13.49 +8.84%
Market cap
$4.4B
P/E
35.1×
Fwd P/E
33.0×
Dividend yield
1.07%
F-score
5/9
Altman Z
14.75
Beneish M
−2.21
Dividend safety
96/100

Badger Meter, Inc. (BMI) Current ratio

Alert me on Current ratio

Badger Meter, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 2.5×, down 0.9× from fiscal 2025 (3.4×). Over the past ten years it has ranged from 1.4× (fiscal 2015) to 4.6× (fiscal 2024); the current reading is higher than 82% of that period. That is above the Scientific & Technical Instruments industry median of 2.3× and above the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 3.4× (26.37%)
FY2024 4.6× 36.35%
FY2023 3.4× 6.28%
FY2022 3.2× (0.90%)
FY2021 3.2× (3.23%)
FY2020 3.3× (5.94%)
FY2019 3.5× 27.40%
FY2018 2.7× 61.05%
FY2017 1.7× (14.44%)
FY2016 2.0× 39.40%

Quarterly newest first

Period Current ratio Change
Sep 2026 2.5× 2.44%
Jun 2026 2.4× (19.29%)
Mar 2026 3.0× (10.82%)
Dec 2025 3.4× 4.37%
43 more quarters

Against its own ten years

Low 1.4× High 4.6×
Ten-year median 3.2×
Current reading's percentile 82

Current ratio against peers

Company Current ratio
NOVT Novanta Inc. compare 4.6×
CGNX Cognex Corporation compare 3.9×
ITRI Itron, Inc. compare 2.8×
BMI Badger Meter, Inc. 2.5×
ST Sensata Technologies Holding N.V. compare 2.4×
ESE ESCO Technologies Inc. compare 1.4×
VNT Vontier Corporation compare 1.3×
MKSI MKS Inc. compare 1.1×
TRMB Trimble Inc. compare 1.0×
Scientific & Technical Instruments industry median 2.3×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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