Badger Meter (BMI) EV to FCF (2011 - 2026)
Badger Meter's (BMI) EV to FCF was 27.98 for Q2 2026, down 36.5% from 44.07 a year earlier but up 11.5% from the prior quarter.
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Analysis
Badger Meter (BMI) EV to FCF (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Badger Meter's EV to FCF came in at 23.77, down 40.3% year-over-year; for FY2025, it came in at 28.89, down 30.7% from FY2024.
- By year, EV to FCF came in at 41.71 in FY2024 (-5.5%), 44.12 in FY2023 (+10.8%), 39.81 in FY2022 (+6.5%) and 37.37 in FY2021 (+13.1%).
- Five-year quarterly EV to FCF spans a low of 25.08 in Q1 2026 and a high of 49.68 in Q2 2023.
- Year over year, EV to FCF has now declined in each of the last seven quarters, with an average decline of 19.2% over the last eight quarters.
- The high point for year-over-year EV to FCF in five years was Q3 2021 (growth of 103.0%); the low point was Q2 2026 (a decline of 36.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 25.08 (Q1 2026), 28.89 (Q4 2025) and 30.43 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - |
| 10 | LanzaTech Global | 74.74 Mn | -40.40 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.98 |
| Mar 31, 2026 | 25.08 |
| Dec 31, 2025 | 28.89 |
| Sep 30, 2025 | 30.43 |
| Jun 30, 2025 | 44.07 |
| Mar 31, 2025 | 35.65 |
| Dec 31, 2024 | 41.71 |
| Sep 30, 2024 | 47.16 |
| Jun 30, 2024 | 44.85 |
| Mar 31, 2024 | 44.16 |
| Dec 31, 2023 | 44.12 |
| Sep 30, 2023 | 44.74 |
| Jun 30, 2023 | 49.68 |
| Mar 31, 2023 | 41.91 |
| Dec 31, 2022 | 39.81 |
| Sep 30, 2022 | 34.89 |
| Jun 30, 2022 | 34.24 |
| Mar 31, 2022 | 47.09 |
| Dec 31, 2021 | 37.37 |
| Sep 30, 2021 | 42.97 |
API Access
Badger Meter EV to FCF 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-fcf&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();