Badger Meter (BMI) EBIT (2010 - 2026)
Badger Meter's EBIT came in at $39.38 million for Q2 2026, down 12.2% from $44.86 million a year earlier but up 12.0% from the prior quarter.
Badger Meter (BMI) EBIT (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Badger Meter reported EBIT of $163.68 million, down 6.0% year-over-year; for FY2025, it was $183.42 million, up 16.1% from FY2024.
- EBIT has increased in each of the last ten years, with a five-year compound annual growth rate of 23.0% (FY2020 to FY2025).
- Going back by year, EBIT was $157.94 million in FY2024 (+33.8%), $118.05 million in FY2023 (+35.2%), $87.3 million in FY2022 (+10.9%) and $78.72 million in FY2021 (+20.8%).
- The five-year range for quarterly EBIT is $18.86 million (Q1 2022) to $49.43 million (Q1 2025).
- Year-over-year, EBIT increased in six of the last eight quarters, with growth averaging 9.6%.
- The fastest year-over-year change in EBIT over five years came in Q1 2024 (growth of 46.0%), and the weakest in Q1 2026 (a decline of 28.8%).
- Business Quant data shows BMI's EBIT at $35.17 million (Q1 2026), $43.05 million (Q4 2025) and $46.08 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | 757.90 Mn |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 390.00 Mn |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 315.00 Mn |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | 39.38 Mn |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | -33.18 Mn |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 21.15 Mn |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn | -5.88 Mn |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 | -8.84 Mn |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - | -4.11 Mn |
| 10 | LanzaTech Global | 74.74 Mn | -40.40 Mn | 1.91 Mn | -9.87 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.38 Mn |
| Mar 31, 2026 | 35.17 Mn |
| Dec 31, 2025 | 43.05 Mn |
| Sep 30, 2025 | 46.08 Mn |
| Jun 30, 2025 | 44.86 Mn |
| Mar 31, 2025 | 49.43 Mn |
| Dec 31, 2024 | 39.22 Mn |
| Sep 30, 2024 | 40.62 Mn |
| Jun 30, 2024 | 41.51 Mn |
| Mar 31, 2024 | 36.58 Mn |
| Dec 31, 2023 | 32.08 Mn |
| Sep 30, 2023 | 31.42 Mn |
| Jun 30, 2023 | 29.50 Mn |
| Mar 31, 2023 | 25.05 Mn |
| Dec 31, 2022 | 22.47 Mn |
| Sep 30, 2022 | 23.87 Mn |
| Jun 30, 2022 | 22.09 Mn |
| Mar 31, 2022 | 18.86 Mn |
| Dec 31, 2021 | 22.86 Mn |
| Sep 30, 2021 | 19.44 Mn |
Badger Meter EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit&ticker=BMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "ticker": "BMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();