Badger Meter (BMI) EV to CFO (2011 - 2026)
Badger Meter's (BMI) EV to CFO came in at 25.23 for Q2 2026, down 37.5% from 40.36 a year earlier but up 9.8% from the prior quarter.
Powered by 
Analysis
Badger Meter (BMI) EV to CFO (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to CFO at Badger Meter was 21.43, down 41.2% 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%).
- Quarterly EV to CFO has run from a low of 22.98 in Q1 2026 to a high of 44.38 in Q2 2023 over five years.
- On a year-over-year basis, EV to CFO has declined in each of the last seven quarters, with an average decline of 18.4% over the last eight quarters.
- The strongest year-over-year quarter for EV to CFO in the past five years was Q3 2021, with growth of 95.2%; 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 22.98 (Q1 2026), 26.68 (Q4 2025) and 27.97 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 78.59 Bn | 70.36 Bn | 1.95 Bn |
| 2 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn |
| 3 | Veralto | 23.49 Bn | 16.14 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.66 Bn | 2.93 Bn | 90.77 Mn |
| 5 | Ceco Environmental | 3.13 Bn | 2.96 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 993.98 Mn | 955.45 Mn | 34.36 Mn |
| 7 | Energy Recovery | 343.89 Mn | 19.06 Mn | 8.96 Mn |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 296.32 Mn | 175.95 Mn | - |
| 10 | LanzaTech Global | 77.75 Mn | -37.39 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 37.88 |
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();