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| Date | Value |
|---|---|
| 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 |