stockrowBadger 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
Follow BMI
Alert me
Badger Meter, Inc. (BMI) P/B ratio
As of 3 November 2026, Badger Meter, Inc. (BMI) trades at a P/B ratio of 6.7×. Over the past ten years it has ranged from 3.3× (January 2016) to 11.8× (December 2024); the current reading is higher than 60% of that period. That is above the Scientific & Technical Instruments industry median of 3.3× and above the Technology sector median of 2.6×.
P/B ratio, daily
Embed this chart
Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 7.2× | (30.02%) |
| FY2024 | 10.3× | 15.84% |
| FY2023 | 8.9× | 22.43% |
| FY2022 | 7.2× | (6.00%) |
| FY2021 | 7.7× | 1.86% |
| FY2020 | 7.6× | 32.87% |
| FY2019 | 5.7× | 21.11% |
| FY2018 | 4.7× | (5.08%) |
| FY2017 | 5.0× | 19.03% |
| FY2016 | 4.2× | 14.68% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 5.5× | (13.55%) |
| Jun 2026 | 6.3× | (2.12%) |
| Mar 2026 | 6.4× | (10.32%) |
| Dec 2025 | 7.2× | (3.90%) |
| 43 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| ST Sensata Technologies Holding N.V. compare | 2.0× |
| ITRI Itron, Inc. compare | 2.5× |
| TRMB Trimble Inc. compare | 3.0× |
| NOVT Novanta Inc. compare | 3.7× |
| ESE ESCO Technologies Inc. compare | 4.0× |
| VNT Vontier Corporation compare | 4.3× |
| MKSI MKS Inc. compare | 4.6× |
| CGNX Cognex Corporation compare | 6.0× |
| BMI Badger Meter, Inc. | 6.7× |
| Scientific & Technical Instruments industry median | 3.3× |
| Technology sector median | 2.6× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on BMI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement