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) Price to free cash flow

Alert me on Price to free cash flow

As of 3 November 2026, Badger Meter, Inc. (BMI) trades at a price to free cash flow of 30.8×. Over the past ten years it has ranged from 16.0× (April 2020) to 67.7× (September 2018); the current reading is higher than 36% of that period. That is above the Scientific & Technical Instruments industry median of 28.5× and above the Technology sector median of 20.0×.

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

Period	Price to free cash flow	Change
FY2025	30.2×	(30.98%)
FY2024	43.8×	(6.20%)
FY2023	46.7×	11.53%
FY2022	41.9×	8.85%
FY2021	38.5×	13.30%
FY2020	33.9×	31.84%
FY2019	25.7×	(6.71%)
FY2018	27.6×	(30.35%)
FY2017	39.6×	69.44%
FY2016	23.4×	(55.42%)

Period	Price to free cash flow	Change
Sep 2026	24.9×	(12.99%)
Jun 2026	28.7×	8.90%
Mar 2026	26.3×	(12.89%)
Dec 2025	30.2×	(4.36%)
43 more quarters	Free account

Against its own ten years

Low 16.0× High 67.7×

Ten-year median 36.0×

Current reading's percentile 36

Company	Price to free cash flow
ST Sensata Technologies Holding N.V. compare	9.4×
ITRI Itron, Inc. compare	11.7×
VNT Vontier Corporation compare	13.3×
TRMB Trimble Inc. compare	20.0×
MKSI MKS Inc. compare	30.2×
BMI Badger Meter, Inc.	30.8×
ESE ESCO Technologies Inc. compare	33.1×
CGNX Cognex Corporation compare	36.8×
NOVT Novanta Inc. compare	55.3×
Scientific & Technical Instruments industry median	28.5×
Technology sector median	20.0×
Market median	14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

Badger Meter, Inc. (BMI) Price to free cash flow

Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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Price to free cash flow, daily

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Price to free cash flow against peers

What Price to free cash flow is

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