Badger Meter (BMI) EV to CFO (2011 - 2026)
Badger Meter's (BMI) EV to CFO came in at 21.83 for Q3 2026, down 22.0% from 27.97 a year earlier and down 13.5% from the prior quarter.
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Analysis
Badger Meter (BMI) EV to CFO (2011 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to CFO at Badger Meter was 18.51, down 25.1% year-over-year; for FY2025, it came in at 26.68, down 30.3% from FY2024.
- In prior years, Badger Meter's EV to CFO was 38.26 in FY2024 (-2.7%), 39.31 in FY2023 (+6.4%), 36.96 in FY2022 (+7.2%) and 34.49 in FY2021 (+16.1%).
- The Q3 2026 figure stands as the lowest quarterly EV to CFO since Q3 2020.
- On a year-over-year basis, EV to CFO has declined in each of the last eight quarters, with an average decline of 22.4% over the last eight quarters.
- The strongest year-over-year quarter for EV to CFO in the past five years was Q1 2022, with growth of 43.7%; the weakest was Q2 2026, with a decline of 37.5%.
- According to Business Quant data, EV to CFO for the three prior quarters was 25.23 (Q2 2026), 22.98 (Q1 2026) and 26.68 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 85.71 Bn | 78.69 Bn | 2.07 Bn |
| 2 | Veralto | 28.52 Bn | 21.15 Bn | 908.00 Mn |
| 3 | Xylem | 22.63 Bn | 18.36 Bn | 907.00 Mn |
| 4 | Badger Meter | 4.51 Bn | 3.92 Bn | 98.85 Mn |
| 5 | Ceco Environmental | 2.29 Bn | 2.11 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 887.68 Mn | 845.76 Mn | 38.19 Mn |
| 7 | Energy Recovery | 377.64 Mn | 40.09 Mn | 4.20 Mn |
| 8 | Cadiz | 305.87 Mn | 270.99 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 179.92 Mn | 59.54 Mn | - |
| 10 | LanzaTech Global | 53.29 Mn | -44.34 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.83 |
| Jun 30, 2026 | 25.23 |
| Mar 31, 2026 | 22.98 |
| Dec 31, 2025 | 26.68 |
| Sep 30, 2025 | 27.97 |
| Jun 30, 2025 | 40.36 |
| Mar 31, 2025 | 32.85 |
| Dec 31, 2024 | 38.26 |
| Sep 30, 2024 | 43.75 |
| Jun 30, 2024 | 41.29 |
| Mar 31, 2024 | 40.11 |
| Dec 31, 2023 | 39.31 |
| Sep 30, 2023 | 39.84 |
| Jun 30, 2023 | 44.38 |
| Mar 31, 2023 | 37.76 |
| Dec 31, 2022 | 36.96 |
| Sep 30, 2022 | 32.44 |
| Jun 30, 2022 | 31.78 |
| Mar 31, 2022 | 42.73 |
| Dec 31, 2021 | 34.49 |
API Access
Badger Meter EV to CFO 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=ev-to-cfo&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();