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

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

Alert me on P/S ratio

As of 3 November 2026, Badger Meter, Inc. (BMI) trades at a P/S ratio of 5.0×. Over the past ten years it has ranged from 2.0× (January 2016) to 8.8× (June 2025); the current reading is higher than 57% of that period. That is above the Scientific & Technical Instruments industry median of 4.7× and above the Technology sector median of 2.8×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 5.6× (25.75%)
FY2024 7.5× 15.74%
FY2023 6.5× 14.89%
FY2022 5.7× (7.83%)
FY2021 6.1× (4.27%)
FY2020 6.4× 44.67%
FY2019 4.4× 34.94%
FY2018 3.3× (3.66%)
FY2017 3.4× 26.13%
FY2016 2.7× 21.34%

Quarterly newest first

Period P/S ratio Change
Sep 2026 4.0× (17.59%)
Jun 2026 4.9× (1.46%)
Mar 2026 5.0× (11.26%)
Dec 2025 5.6× (4.07%)
43 more quarters

Against its own ten years

Low 2.0× High 8.8×
Ten-year median 4.4×
Current reading's percentile 53

P/S ratio against peers

Company P/S ratio
ST Sensata Technologies Holding N.V. compare 1.6×
VNT Vontier Corporation compare 1.7×
ITRI Itron, Inc. compare 1.8×
MKSI MKS Inc. compare 3.2×
TRMB Trimble Inc. compare 4.0×
BMI Badger Meter, Inc. 5.0×
ESE ESCO Technologies Inc. compare 5.0×
NOVT Novanta Inc. compare 5.9×
CGNX Cognex Corporation compare 8.9×
Scientific & Technical Instruments industry median 4.7×
Technology sector median 2.8×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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