Badger Meter (BMI) EBT Margin (2010 - 2026)
Badger Meter (BMI) posted quarterly EBT Margin of 17.87% for Q2 2026, down 136.0% year-over-year from 49.63% in Q2 2025, and down 0.54% quarter-over-quarter from 17.96% in Q1 2026.
Badger Meter (BMI) EBT Margin (2010 - 2026) Analysis & Trends
Badger Meter (BMI) has reported EBT Margin for 17 consecutive years, with 17.87% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT Margin fell 136.0% year-over-year to 17.87%; the TTM figure through Jun 2026 stood at 19.09% (down 205.0% YoY), while the FY2025 annual figure was 20.58%, up 6.0% from the prior year.
- EBT Margin eased to 17.87% in Q2 2026 per BMI's latest filing, from 17.96% in the prior quarter.
- Across five years, EBT Margin topped out at 22.86% in Q1 2025 and bottomed at 14.21% in Q1 2022.
- Historically, EBT Margin has averaged 18.41% across 5 years, with a median of 18.15% in 2026.
- Annual changes were most pronounced in 2024 — EBT Margin surged 372 bps — and 2026, when it sank 489 bps.
- Badger Meter's EBT Margin stood at 15.55% in 2022, then rose by 18 bps to 18.33% in 2023, then advanced by 20 bps to 22.05% in 2024, then dropped by 8 bps to 20.23% in 2025, then declined by 12 bps to 17.87% in 2026.
- Business Quant data shows BMI's EBT Margin at 17.87% in Q2 2026, 17.96% in Q1 2026, and 20.23% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 32.20% |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 24.34% |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 13.62% |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 19.33% |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 17.07% |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 16.37% |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | -45.76% |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 30.66% |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 12.08% |
| 10 | Badger Meter | 3.74 Bn | 3.64 Bn | 90.77 Mn | 17.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.87% |
| Mar 31, 2026 | 17.96% |
| Dec 31, 2025 | 20.23% |
| Sep 30, 2025 | 20.13% |
| Jun 30, 2025 | 19.23% |
| Mar 31, 2025 | 22.86% |
| Dec 31, 2024 | 22.05% |
| Sep 30, 2024 | 20.59% |
| Jun 30, 2024 | 20.01% |
| Mar 31, 2024 | 19.41% |
| Dec 31, 2023 | 18.33% |
| Sep 30, 2023 | 17.50% |
| Jun 30, 2023 | 17.23% |
| Mar 31, 2023 | 16.11% |
| Dec 31, 2022 | 15.55% |
| Sep 30, 2022 | 16.18% |
| Jun 30, 2022 | 15.99% |
| Mar 31, 2022 | 14.21% |
| Dec 31, 2021 | 16.85% |
| Sep 30, 2021 | 15.07% |