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

Badger Meter has disclosed FCF Margin across 17 years of filings, most recently posting 14.57% for Q1 2026.

• In Q1 2026, FCF Margin rose 104.0% year-over-year to 14.57%; the TTM figure through Mar 2026 stood at 18.85% (up 85.0% YoY), while the FY2025 annual figure was 18.51%, up 130.0% from the prior year.
• FCF Margin eased to 14.57% in Q1 2026, from 23.0% in the prior quarter.
• Over the last five years, FCF Margin for BMI reached as high as 23.1% in Q4 2024 and fell as low as 6.12% in Q1 2022.
• The 5-year median for FCF Margin is 15.26% (2023), against an average of 15.62%.
• Annual changes were most pronounced in 2022 — FCF Margin sank 1831 bps — and 2024, when it jumped 487 bps.
• 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 tumbled by 37 bps to 14.57% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 14.57%, 23.0%, and 20.45% for Q1 2026, Q4 2025, and Q3 2025 respectively.