Badger Meter BMI
NYSE BMI
$124.05 -3.78 (-2.96%)
As of: Sep 10, 2026 · 3:50 PM EDT

Badger Meter (BMI) EBITDA Margin (2010 - 2026)

Badger Meter's (BMI) quarterly EBITDA 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) EBITDA Margin (2010 - 2026) Analysis & Trends

Badger Meter (BMI) has reported EBITDA Margin for 17 consecutive years, with 17.71% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBITDA 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.
  • EBITDA Margin was 17.71% for Q2 2026 at Badger Meter, up from 17.39% in the prior quarter.
  • Over five years, EBITDA 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 EBITDA Margin.
  • Across the five-year window, EBITDA Margin soared 361 bps in 2025 and slumped 485 bps in 2026, its largest moves.
  • Over 5 years, EBITDA 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 EBITDA 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) EBITDA Margin (Qtr)
1 Ecolab 76.35 Bn 71.22 Bn 1.95 Bn 17.16%
2 Xylem 25.14 Bn 23.87 Bn 963.00 Mn 16.70%
3 Veralto 22.92 Bn 20.80 Bn 902.00 Mn 21.37%
4 Badger Meter 3.60 Bn 3.50 Bn 90.77 Mn 17.71%
5 NWPX Infrastructure 1.00 Bn 980.82 Mn 34.36 Mn 13.26%
6 Energy Recovery 375.42 Mn 282.37 Mn 8.96 Mn -49.05%
7 Cadiz 329.86 Mn 324.54 Mn -24,000.00 -902.45%
8 AirJoule Technologies 298.12 Mn 256.70 Mn - -
9 Euro Tech Holdings 11.79 Mn -12.93 Mn - -
10 Rain Enhancement Technologies Holdco 6.19 Mn 6.19 Mn - -
Historic Data

Historic Data

Download Data
DateValue
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%