Badger Meter (BMI) EBIT Margin (2010 - 2026)
Badger Meter's (BMI) quarterly EBIT Margin came in at 17.71% in Q2 2026, down 113.0% year-over-year from 136.24% in Q2 2025, and up 1.86% quarter-over-quarter from 17.39% in Q1 2026.
Analysis
Badger Meter (BMI) EBIT Margin (2010 - 2026) Analysis & Trends
Badger Meter (BMI) has reported EBIT Margin for 17 consecutive years, with 17.71% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBIT Margin fell 113.0% year-over-year to 17.71% in Q2 2026; TTM through Jun 2026 was 18.58%, a 135.0% decrease from a year earlier, with the FY2025 full-year figure at 20.01%, up 90.0% from the prior year.
- EBIT Margin was 17.71% for Q2 2026 at Badger Meter, up from 17.39% in the prior quarter.
- Over five years, EBIT Margin peaked at 22.24% in Q1 2025 and troughed at 14.25% in Q1 2022.
- A 5-year average of 17.79% and a median of 17.65% in 2023 frame the typical range for EBIT Margin.
- Across the five-year window, EBIT Margin soared 361 bps in 2025 and slumped 485 bps in 2026, its largest moves.
- Over 5 years, EBIT Margin stood at 15.25% in 2022, then rose by 15 bps to 17.58% in 2023, then gained by 9 bps to 19.12% in 2024, then gained by 2 bps to 19.51% in 2025, then slipped by 9 bps to 17.71% in 2026.
- The last three EBIT Margin figures came in at 17.71% (Q2 2026), 17.39% (Q1 2026), and 19.51% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 75.53 Bn | 70.40 Bn | 1.95 Bn | 17.16% |
| 2 | Xylem | 25.13 Bn | 23.85 Bn | 963.00 Mn | 16.70% |
| 3 | Veralto | 22.99 Bn | 20.88 Bn | 902.00 Mn | 21.37% |
| 4 | Badger Meter | 3.62 Bn | 3.53 Bn | 90.77 Mn | 17.71% |
| 5 | NWPX Infrastructure | 1.00 Bn | 982.74 Mn | 34.36 Mn | 13.26% |
| 6 | Energy Recovery | 377.22 Mn | 284.17 Mn | 8.96 Mn | -49.05% |
| 7 | Cadiz | 337.43 Mn | 332.11 Mn | -24,000.00 | -902.45% |
| 8 | AirJoule Technologies | 299.16 Mn | 257.75 Mn | - | - |
| 9 | Euro Tech Holdings | 12.32 Mn | -12.40 Mn | - | - |
| 10 | Rain Enhancement Technologies Holdco | 5.91 Mn | 5.91 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.71% |
| Mar 31, 2026 | 17.39% |
| Dec 31, 2025 | 19.51% |
| Sep 30, 2025 | 19.56% |
| Jun 30, 2025 | 18.84% |
| Mar 31, 2025 | 22.24% |
| Dec 31, 2024 | 19.12% |
| Sep 30, 2024 | 19.49% |
| Jun 30, 2024 | 19.16% |
| Mar 31, 2024 | 18.64% |
| Dec 31, 2023 | 17.58% |
| Sep 30, 2023 | 16.88% |
| Jun 30, 2023 | 16.78% |
| Mar 31, 2023 | 15.74% |
| Dec 31, 2022 | 15.25% |
| Sep 30, 2022 | 16.13% |
| Jun 30, 2022 | 16.03% |
| Mar 31, 2022 | 14.25% |
| Dec 31, 2021 | 16.84% |
| Sep 30, 2021 | 15.10% |