Badger Meter (BMI) EBT Margin (2010 - 2026)
Badger Meter (BMI) reported EBT Margin of 17.96% for Q1 2026, down 489.0% year-over-year from 4.62% in Q1 2025, and down 11.19% quarter-over-quarter from 20.23% in Q4 2025.
Badger Meter (BMI) EBT Margin (2010 - 2026) Analysis & Trends
Badger Meter (BMI) has 17 years of EBT Margin data on file, last reported at 17.96% in Q1 2026.
- EBT Margin for Q1 2026 came in at 17.96%, down 489.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.43% (up 1830.0% YoY), and the FY2025 annual result was 20.58%, up 2096.0% from the prior year.
- EBT Margin slipped to 17.96% in Q1 2026 per BMI's latest filing, from 20.23% in the prior quarter.
- Over five years, EBT Margin peaked at 22.86% in Q1 2025 and troughed at 62.13% in Q4 2024.
- A 5-year average of 9.61% and a median of 17.5% in 2023 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2023 and 2025: EBT Margin tumbled 6320 bps in 2023, then surged 8235 bps in 2025.
- A 5-year view of EBT Margin shows it stood at 15.55% in 2022, then slumped by 406 bps to 47.65% in 2023, then slumped by 30 bps to 62.13% in 2024, then surged by 133 bps to 20.23% in 2025, then retreated by 11 bps to 17.96% in 2026.
- Business Quant data shows BMI's EBT Margin at 17.96% in Q1 2026, 20.23% in Q4 2025, and 20.13% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 10.21% |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 12.38% |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 26.95% |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 17.86% |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 9.46% |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 15.30% |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 13.97% |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 23.01% |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 14.18% |
| 10 | Badger Meter | 3.81 Bn | 3.60 Bn | 84.33 Mn | 17.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -62.13% |
| Sep 30, 2024 | 20.59% |
| Jun 30, 2024 | 20.01% |
| Mar 31, 2024 | 19.41% |
| Dec 31, 2023 | -47.65% |
| 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 | 13.82% |
| Sep 30, 2021 | 15.07% |
| Jun 30, 2021 | 15.17% |