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

Badger Meter (BMI) reported Asset Utilization Ratio of 0.92 for Q1 2026, down 7.17% year-over-year from 0.99 in Q1 2025, and down 1.8% quarter-over-quarter from 0.94 in Q4 2025.

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

Badger Meter (BMI) has 16 years of Asset Utilization Ratio data on file, last reported at 0.92 in Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.92, down 7.17% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.92 (down 7.17% YoY), and the FY2025 annual result was 1.02, down 5.0% from the prior year.
  • Asset Utilization Ratio slipped to 0.92 in Q1 2026 per BMI's latest filing, from 0.94 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 1.03 in Q2 2024 and troughed at 0.92 in Q1 2026.
  • A 5-year average of 0.98 and a median of 0.98 in 2023 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio gained 6.28% in 2022, then decreased 8.0% in 2025.
  • 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.
  • Business Quant data shows BMI's Asset Utilization Ratio at 0.92 in Q1 2026, 0.94 in Q4 2025, and 0.94 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 0.41
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 0.50
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 0.68
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 0.40
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 0.46
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 0.36
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 0.40
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 0.52
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 0.52
10 Badger Meter 3.81 Bn 3.60 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