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. In the quarter to June 2026, revenue fell 6.63%, EPS fell 13.6% and free cash flow fell 46.2%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three; insiders bought in the last twelve months.
Follow BMI
Badger Meter, Inc. (BMI) EV/Sales
As of 9 October 2026, Badger Meter, Inc. (BMI) trades at a EV/Sales of 4.2×. Over the past ten years it has ranged from 2.0× (January 2016) to 8.6× (June 2025); the current reading is higher than 50% of that period. That is below the Scientific & Technical Instruments industry median of 4.9× and above the Technology sector median of 2.8×.
EV/Sales, daily
Embed this chart
Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 5.3× | (25.49%) |
| FY2024 | 7.2× | 15.07% |
| FY2023 | 6.2× | 15.03% |
| FY2022 | 5.4× | (9.26%) |
| FY2021 | 6.0× | (4.43%) |
| FY2020 | 6.3× | 44.59% |
| FY2019 | 4.3× | 32.65% |
| FY2018 | 3.3× | (3.76%) |
| FY2017 | 3.4× | 25.97% |
| FY2016 | 2.7× | 21.68% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 4.8× | 1.01% |
| Mar 2026 | 4.7× | (11.46%) |
| Dec 2025 | 5.3× | (4.64%) |
| Sep 2025 | 5.6× | (30.39%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| VNT Vontier Corporation compare | 1.9× |
| ST Sensata Technologies Holding N.V. compare | 2.2× |
| ITRI Itron, Inc. compare | 2.2× |
| ITRN Ituran Location and Control Ltd. compare | 2.4× |
| TRMB Trimble Inc. compare | 4.0× |
| BMI Badger Meter, Inc. | 4.2× |
| ESE ESCO Technologies Inc. compare | 5.2× |
| NOVT Novanta Inc. compare | 5.2× |
| CGNX Cognex Corporation compare | 9.3× |
| Scientific & Technical Instruments industry median | 4.9× |
| Technology sector median | 2.8× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)