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%

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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

Badger Meter, Inc. (BMI) P/E ratio

Alert me on P/E ratio

As of 3 November 2026, Badger Meter, Inc. (BMI) trades at a P/E ratio of 35.1×. Over the past ten years it has ranged from 25.5× (April 2026) to 69.5× (December 2018); the current reading is higher than 27% of that period. That is above the Scientific & Technical Instruments industry median of 31.4× and above the Technology sector median of 27.2×.

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<iframe src="https://stockrow.com/embed/BMI/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Badger Meter, Inc. P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/BMI/metrics/pe-ratio">Badger Meter, Inc. (BMI) P/E ratio — stockrow.com</a></p>

Period	P/E ratio	Change
FY2025	36.2×	(27.33%)
FY2024	49.8×	0.61%
FY2023	49.5×	2.44%
FY2022	48.3×	(5.70%)
FY2021	51.2×	(7.41%)
FY2020	55.3×	38.05%
FY2019	40.1×	(21.81%)
FY2018	51.3×	29.50%
FY2017	39.6×	19.07%
FY2016	33.2×	2.11%

Period	P/E ratio	Change
Sep 2026	28.4×	(17.89%)
Jun 2026	34.6×	1.03%
Mar 2026	34.2×	(5.39%)
Dec 2025	36.2×	(4.16%)
43 more quarters	Free account

Against its own ten years

Low 25.5× High 69.5×

Ten-year median 41.2×

Current reading's percentile 20

Company	P/E ratio
TRMB Trimble Inc. compare	n/m
VNT Vontier Corporation compare	15.1×
ITRI Itron, Inc. compare	15.6×
ST Sensata Technologies Holding N.V. compare	16.5×
ESE ESCO Technologies Inc. compare	20.7×
MKSI MKS Inc. compare	31.4×
BMI Badger Meter, Inc.	35.1×
CGNX Cognex Corporation compare	55.4×
NOVT Novanta Inc. compare	92.5×
Scientific & Technical Instruments industry median	31.4×
Technology sector median	27.2×
Market median	18.3×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

Badger Meter, Inc. (BMI) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

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P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on BMI

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