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Wednesday 4 November 2026 Export BMI’s income statement to Excel — free account

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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Badger Meter, Inc. (BMI) EV/FCF

Alert me on EV/FCF

As of 3 November 2026, Badger Meter, Inc. (BMI) trades at a EV/FCF of 30.3×. Over the past ten years it has ranged from 15.2× (April 2020) to 67.2× (September 2018); the current reading is higher than 37% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 28.9× (30.74%)
FY2024 41.7× (6.74%)
FY2023 44.7× 11.67%
FY2022 40.1× 7.16%
FY2021 37.4× 13.11%
FY2020 33.0× 31.77%
FY2019 25.1× (8.28%)
FY2018 27.3× (30.43%)
FY2017 39.3× 69.23%
FY2016 23.2× (55.30%)

Quarterly newest first

Period EV/FCF Change
Sep 2026 24.5× (12.71%)
Jun 2026 28.0× 11.63%
Mar 2026 25.1× (13.08%)
Dec 2025 28.9× (4.93%)
43 more quarters

Against its own ten years

Low 15.2× High 67.2×
Ten-year median 35.3×
Current reading's percentile 37

EV/FCF against peers

Company EV/FCF
ST Sensata Technologies Holding N.V. compare 12.3×
ITRI Itron, Inc. compare 14.9×
VNT Vontier Corporation compare 16.7×
TRMB Trimble Inc. compare 21.6×
BMI Badger Meter, Inc. 30.3×
ESE ESCO Technologies Inc. compare 33.1×
CGNX Cognex Corporation compare 35.3×
MKSI MKS Inc. compare 37.5×
NOVT Novanta Inc. compare 50.8×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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