Badger Meter (BMI) FCF Margin (2010 - 2026)

Badger Meter (BMI) has 17 years of FCF Margin data on file, last reported at 14.57% in Q1 2026.

• FCF Margin for Q1 2026 came in at 14.57%, up 104.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.85% (up 85.0% YoY), and the FY2025 annual result was 18.51%, up 130.0% from the prior year.
• FCF Margin retreated to 14.57% in Q1 2026 per BMI's latest filing, from 23.0% in the prior quarter.
• Over five years, FCF Margin peaked at 23.1% in Q4 2024 and troughed at 6.12% in Q1 2022.
• A 5-year average of 15.62% and a median of 15.26% in 2023 frame the typical range for FCF Margin.
• The sharpest annual moves came in 2022 and 2024: FCF Margin tumbled 1831 bps in 2022, then jumped 487 bps in 2024.
• A 5-year view of FCF Margin shows it stood at 19.35% in 2022, then gained by 2 bps to 19.67% in 2023, then grew by 17 bps to 23.1% in 2024, then decreased by 0 bps to 23.0% in 2025, then sank by 37 bps to 14.57% in 2026.
• Business Quant data shows BMI's FCF Margin at 14.57% in Q1 2026, 23.0% in Q4 2025, and 20.45% in Q3 2025.