Badger Meter (BMI) Asset Utilization Ratio (2011 - 2026)
Badger Meter (BMI) posted quarterly Asset Utilization Ratio of 0.89 for Q2 2026, down 6.0% year-over-year from 0.95 in Q2 2025, and down 2.99% quarter-over-quarter from 0.92 in Q1 2026.
Badger Meter (BMI) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Badger Meter (BMI) has reported Asset Utilization Ratio for 16 consecutive years, with 0.89 the latest figure, recorded in Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 6.0% year-over-year to 0.89; the TTM figure through Jun 2026 stood at 0.89 (down 6.0% YoY), while the FY2025 annual figure was 1.02, changed N/A from the prior year.
- Asset Utilization Ratio retreated to 0.89 in Q2 2026 per BMI's latest filing, from 0.92 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.03 in Q2 2024 and bottomed at 0.89 in Q2 2026.
- Historically, Asset Utilization Ratio has averaged 0.97 across 5 years, with a median of 0.96 in 2022.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio slumped 47.56% — and 2024, when it advanced 5.13%.
- Badger Meter's Asset Utilization Ratio stood at 0.96 in 2022, then grew by 3.16% to 0.99 in 2023, then increased by 3.01% to 1.02 in 2024, then slipped by 8.0% to 0.94 in 2025, then fell by 4.73% to 0.89 in 2026.
- Business Quant data shows BMI's Asset Utilization Ratio at 0.89 in Q2 2026, 0.92 in Q1 2026, and 0.94 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.88 Bn | 54.21 Bn | 1.26 Bn | 0.69 |
| 2 | Keysight Technologies | 53.81 Bn | 51.40 Bn | 1.18 Bn | 0.52 |
| 3 | Coherent | 51.12 Bn | 49.13 Bn | 787.08 Mn | 0.40 |
| 4 | Teledyne Technologies | 29.19 Bn | 28.85 Bn | 738.10 Mn | 0.41 |
| 5 | Mks | 18.83 Bn | 18.22 Bn | 595.00 Mn | 0.49 |
| 6 | Fortive | 18.20 Bn | 17.83 Bn | 695.30 Mn | 0.37 |
| 7 | Trimble | 14.04 Bn | 13.82 Bn | 674.90 Mn | 0.43 |
| 8 | Cognex | 10.05 Bn | 9.64 Bn | 205.77 Mn | 0.52 |
| 9 | Esco Technologies | 7.47 Bn | 7.39 Bn | 141.52 Mn | 0.53 |
| 10 | Badger Meter | 3.82 Bn | 3.72 Bn | 90.77 Mn | 0.89 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.89 |
| 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 |
| Sep 30, 2023 | 0.99 |
| Jun 30, 2023 | 0.98 |
| Mar 31, 2023 | 0.96 |
| Dec 31, 2022 | 0.96 |
| Mar 31, 2022 | 0.97 |
| Jun 30, 2021 | 1.87 |
| Mar 31, 2021 | 1.84 |
| Dec 31, 2020 | 0.93 |
| Sep 30, 2020 | 0.95 |
| Jun 30, 2020 | 0.96 |
| Mar 31, 2020 | 1.00 |