BLGO vs BMI vs IDXX Stock Comparison

Biolargo, Badger Meter and Idexx Laboratories Prices as of Oct 28, 2026 Peers: Industry group
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BLGO Biolargo, Inc.
$0.06 -33.3% 1M -64.7% 1Y
Market cap
$19.72M
P/E
–
Revenue (TTM)
$4.08M
Div. yield
–
Water Treatment Industrials
1 win
BMI Badger Meter Inc
$144.07 +14.0% 1M -22.3% 1Y
Market cap
$4.12B
P/E
32.7x
Revenue (TTM)
$881.24M
Div. yield
1.14%
Water Treatment Industrials
3 wins

Head to Head

10 decided of 12

Idexx Laboratories leads on 6 of the 12 questions below (Idexx Laboratories 6, Badger Meter 3, Biolargo 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBLGOBMIIDXXLeader
Larger companyMarket capitalisation $19.72M $4.12B $44.40B IDXX
Cheaper on earningsLower P/E, profitable companies only -1.3x 32.7x 39.0x BMI
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 30.5x 36.0x BMI
Faster revenue growthRevenue growth, trailing twelve months -70.9% -2.2% +12.8% IDXX
More profitableNet margin, trailing twelve months -354.8% 14.4% 25.0% IDXX
Better return on capitalReturn on invested capital — — 45.6% –
Less leveragedLower net debt / EBITDA -0.2x — 0.5x BLGO
Higher dividend yieldTrailing dividend yield — 1.14% — –
Better 1-year returnPrice return, last 12 months -64.7% -22.3% -11.3% IDXX
Better 5-year returnAnnualised price return, 5 years -19.7%/yr +7.1%/yr -3.3%/yr BMI
Less volatileAnnualised volatility, 1 year 92.9% 49.8% 32.0% IDXX
Higher overall scoreMean of the five percentile scores vs peers 12/100 70/100 78/100 IDXX

Percentile Scorecard

BLGOBMIIDXX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBLGOBMIIDXX
Valuation 5 #20 of 21 60 #9 of 21 75 #155 of 625
Growth 0 #19 of 19 61 #8 of 19 76 #147 of 602
Profitability 6 #16 of 17 94 #2 of 17 97 #18 of 549
Financial Health 10 #20 of 22 62 #9 of 22 46 #351 of 654
Shareholder Returns 38 #6 of 9 75 #3 of 9 93 #26 of 367
Overall 12 70 78
  • BLGO ranked among 22 companies in Environmental Equipment
  • BMI ranked among 22 companies in Environmental Equipment
  • IDXX ranked among 672 companies in Pharmaceuticals and Biotechnology

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBLGOBMIIDXXSPY
1 month -33.3%+14.0%+6.4% +0.9%
3 months -40.0%+7.9%-1.2% +5.9%
6 months -60.0%+22.2%+1.7% +8.5%
Year to date -66.7%-17.4%-16.8% +13.3%
1 year -64.7%-22.3%-11.3% +12.4%
3 years -62.5%+4.5%+43.8% +88.1%
3 years, per year -27.9%+1.5%+12.9% +23.5%
5 years -66.7%+40.9%-15.5% +68.2%
5 years, per year -19.7%+7.1%-3.3% +11.0%
10 years -91.8%+354.5%+435.8% +263.4%
10 years, per year -22.1%+16.3%+18.3% +13.8%

Risk

MeasureBLGOBMIIDXXSPY
Volatility, 1Y 92.9%49.8%32.0% 12.7%
Downside volatility, 1Y 138.6%56.2%31.2% 12.7%
Beta vs S&P 500, 1Y 0.200.650.80 1.00
Return / volatility, 1Y -0.70-0.45-0.35 0.98
Max drawdown, 5Y -85.0%-55.4%-51.3% -25.4%
From 52-week high -70.0%-23.3%-26.6% -0.9%
52-week high $0.20$187.87$766.68 $779.14
52-week low $0.06$113.41$504.70 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBLGOBMIIDXX
P/E now vs peer median -1.3xmedian 25.5x 32.7xmedian 25.5x 39.0xmedian 17.4x
P/S now vs peer median 4.8xmedian 2.4x 4.7xmedian 2.4x 9.8xmedian 9.1x
EV/EBITDA now vs peer median -1.3xmedian 19.0x 19.9xmedian 19.0x 28.0xmedian 17.1x
P/FCF now vs peer median -1.9xmedian 23.0x 28.9xmedian 23.0x 35.4xmedian 19.0x
P/B now vs peer median -7.2xmedian 2.0x 6.3xmedian 2.0x 27.5xmedian 2.2x
PEG now vs peer median —median 1.69 2.21median 1.69 2.58median 0.34

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBLGOBMIIDXX
Revenue $4.08M $881.24M $4.55B
Gross profit $1.63M $366.94M $2.84B
Operating income -$18.12M $165.34M $1.46B
Net income -$18.79M $126.53M $1.14B
Free cash flow -$10.56M $142.39M $1.25B
R&D $3.27M – $261.47M
EPS (diluted) – $4.38 $14.37
Cash & equivalents $2.19M $67.93M $196.93M
Total debt $4.85M – $968.86M
Shares (diluted) – 28.87M 79.31M
Enterprise value $4.11M $3.52B $43.61B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBLGOBMIIDXX
P/E -1.3x 32.7x 39.0x
P/FCF -1.9x 28.9x 35.4x
P/Operating cash flow -1.9x 25.9x 32.4x
P/S 4.8x 4.7x 9.8x
P/B -7.2x 6.3x 27.5x
P/Tangible book -7.2x 8.3x 29.3x
EV/EBITDA -1.3x 19.9x 28.0x
EV/EBIT -1.2x 24.5x 31.0x
EV/Revenue 5.5x 4.6x 9.9x
EV/FCF -2.1x 28.4x 36.0x
EV/Operating cash flow -2.2x 25.5x 32.9x
PEG (3Y EPS CAGR) – 2.21 2.58

Growth

14 metrics
MetricBLGOBMIIDXX
Revenue growth (1Y) -70.9% -2.2% 12.8%
Revenue CAGR (3Y) -22.5% 9.6% 9.0%
Gross profit growth (1Y) -74.4% -1.3% 14.4%
Gross profit CAGR (3Y) -27.8% 11.9% 10.5%
Operating income growth (1Y) -185.8% -7.9% 16.2%
Operating income CAGR (3Y) -60.3% 15.1% 11.7%
Net income growth (1Y) -184.9% -8.8% 15.6%
Net income CAGR (3Y) -62.6% 14.0% 12.9%
EPS growth (1Y) – -6.6% 18.1%
EPS CAGR (3Y) – 14.8% 15.1%
Operating cash flow growth (1Y) -37.9% -12.3% 51.4%
Operating cash flow CAGR (3Y) -62.1% 15.9% 22.5%
Free cash flow growth (1Y) -40.8% -14.4% 59.9%
Free cash flow CAGR (3Y) -57.1% 16.2% 28.4%

Profitability

14 metrics
MetricBLGOBMIIDXX
Gross margin 40.0% 41.6% 62.4%
EBITDA margin -434.2% 23.1% 35.4%
Operating margin -443.9% 18.8% 32.0%
Pretax margin -458.1% 19.1% 31.3%
Net margin -354.8% 14.4% 25.0%
FCF margin -258.6% 16.2% 27.5%
Operating cash flow margin -252.8% 18.0% 30.1%
Return on equity – 19.0% 71.9%
Return on assets -246.7% 13.0% 33.4%
Return on invested capital – – 45.6%
Return on capital employed -635.4% 20.1% 68.6%
Asset turnover 0.5x 0.9x 1.3x
Cash conversion (OCF / net income) 0.5x 1.3x 1.2x
Stock comp / revenue 59.3% 1.2% 1.4%

Financial Health

11 metrics
MetricBLGOBMIIDXX
Debt / assets 72.8% – 28.1%
Debt / equity -1.8x – 0.6x
Net debt / EBITDA -0.2x – 0.5x
Debt / FCF -0.5x – 0.8x
Liabilities / assets 140.9% 31.0% 53.2%
Equity / assets -40.9% 69.0% 46.8%
Interest coverage -22.5x – 38.6x
Current ratio 0.7x 2.5x 1.2x
Quick ratio 0.6x 1.2x 0.7x
Cash ratio 0.5x 0.5x 0.2x
Altman Z-score -42.24 11.28 20.21

Shareholder Returns

7 metrics
MetricBLGOBMIIDXX
Dividend yield – 1.1% –
Net buyback yield -2.9% 2.9% 2.4%
Shareholder yield -2.9% 4.0% 2.4%
Payout ratio (earnings) – 37.7% –
Payout ratio (FCF) – 33.5% –
Dividend growth (1Y) – 14.1% –
Dividend CAGR (3Y) – 19.8% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBLGOBMIIDXX
Forward P/E – 30.5xFY2026 36.0xFY2026
EPS, next fiscal year $-0.05FY2026 $4.73FY2026 $15.63FY2026
EPS growth, next FY – -1.3%FY2026 +19.5%FY2026
EPS growth, the year after – +10.4% +12.9%
Revenue, next fiscal year $5.48MFY2026 $930.20MFY2026 $5.00BFY2026
Revenue growth, next FY -29.4%FY2026 +1.5%FY2026 +16.3%FY2026
Revenue growth, the year after +180.2% +10.4% +0.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBLGOBMIIDXX
Held by institutions – 100.0% 93.6%
Institutions holding – 479 1,289
Change in shares held, QoQ – +7.9% +4.1%
Institutions buying – 254 587
Institutions selling – 157 496
Buyers to sellers – 1.62 1.18

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BLGOBMIIDXX
BLGO 1.00 0.02 0.10
BMI 0.02 1.00 0.17
IDXX 0.10 0.17 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BLGO, BMI and IDXX?

Idexx Laboratories (IDXX) is the largest by market capitalisation: Biolargo (BLGO) $19.72M, Badger Meter (BMI) $4.12B, Idexx Laboratories (IDXX) $44.40B.

Which stock is cheaper, BLGO, BMI and IDXX?

Badger Meter (BMI) trades on the lowest price-to-earnings ratio (Biolargo (BLGO) -1.3x, Badger Meter (BMI) 32.7x, Idexx Laboratories (IDXX) 39.0x). On next year's consensus earnings, Badger Meter (BMI) is cheapest (Badger Meter (BMI) 30.5x, Idexx Laboratories (IDXX) 36.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Idexx Laboratories (IDXX) grew revenue fastest over the trailing twelve months: Biolargo (BLGO) -70.9%, Badger Meter (BMI) -2.2%, Idexx Laboratories (IDXX) +12.8%.

Which company is more profitable?

Idexx Laboratories (IDXX) has the highest net margin (Biolargo (BLGO) -354.8%, Badger Meter (BMI) 14.4%, Idexx Laboratories (IDXX) 25.0%).

Which stock has performed better?

Over the past year Idexx Laboratories (IDXX) returned the most: Biolargo (BLGO) -64.7%, Badger Meter (BMI) -22.3%, Idexx Laboratories (IDXX) -11.3%. Over five years, Badger Meter (BMI) compounded fastest (Biolargo (BLGO) -19.7%/yr, Badger Meter (BMI) +7.1%/yr, Idexx Laboratories (IDXX) -3.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Badger Meter (BMI) 1.14%. Biolargo (BLGO) and Idexx Laboratories (IDXX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Idexx Laboratories (IDXX) has been the steadiest (Biolargo (BLGO) 92.9%, Badger Meter (BMI) 49.8%, Idexx Laboratories (IDXX) 32.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BLGO, BMI and IDXX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Idexx Laboratories (IDXX) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.