Badger Meter (BMI) Asset Utilization Ratio (2011 - 2026)

Badger Meter (BMI) posted quarterly Asset Utilization Ratio of 0.92 for Q1 2026, down 7.17% YoY from 0.99 in Q1 2025, and down 1.8% sequentially from 0.94 in Q4 2025.

Badger Meter (BMI) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

Badger Meter has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 0.92 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio fell 7.17% year-over-year to 0.92; the TTM figure through Mar 2026 stood at 0.92 (down 7.17% YoY), while the FY2025 annual figure was 1.02, down 5.0% from the prior year.
  • Asset Utilization Ratio declined to 0.92 in Q1 2026, from 0.94 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for BMI reached as high as 1.03 in Q2 2024 and fell as low as 0.92 in Q1 2026.
  • The 5-year median for Asset Utilization Ratio is 0.98 (2023), against an average of 0.98.
  • Annual changes were most pronounced in 2022 — Asset Utilization Ratio gained 6.28% — and 2025, when it decreased 8.0%.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.96 in 2022, then climbed by 4.13% to 1.0 in 2023, then advanced by 2.05% to 1.02 in 2024, then decreased by 8.0% to 0.94 in 2025, then declined by 1.8% to 0.92 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.92, 0.94, and 0.94 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 0.41
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 0.56
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 0.50
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 0.40
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 0.36
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 0.40
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 0.52
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 0.55
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 0.68
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 0.92

Historic Data

Download Data
DateValue
Mar 31, 2026 0.92
Dec 31, 2025 0.94
Sep 30, 2025 0.94
Jun 30, 2025 0.95
Mar 31, 2025 0.99
Dec 31, 2024 1.02
Sep 30, 2024 1.01
Jun 30, 2024 1.03
Mar 31, 2024 1.01
Dec 31, 2023 1.00
Sep 30, 2023 0.99
Jun 30, 2023 0.98
Mar 31, 2023 0.96
Dec 31, 2022 0.96
Sep 30, 2022 0.98
Jun 30, 2022 0.97
Mar 31, 2022 0.97
Dec 31, 2021 0.96
Sep 30, 2021 0.95
Jun 30, 2021 0.95