Badger Meter (BMI) FCF Payout Ratio (2010 - 2026)
Badger Meter's (BMI) FCF Payout Ratio was 0.53 for Q2 2026, up 115.4% from 0.25 a year earlier and up 33.4% from the prior quarter.
Badger Meter (BMI) FCF Payout Ratio (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Badger Meter's FCF Payout Ratio came in at 0.31, up 24.7% year-over-year; for FY2025, it was 0.26, up 1.8% from FY2024.
- By year, FCF Payout Ratio came in at 0.25 in FY2024 (-14.9%), 0.30 in FY2023 (-8.9%), 0.32 in FY2022 (+18.5%) and 0.27 in FY2021 (+8.6%).
- The Q2 2026 figure ranks as the highest quarterly FCF Payout Ratio since Q1 2022.
- Year over year, FCF Payout Ratio has now increased in each of the last five quarters, with growth averaging 14.1% over the last eight quarters.
- The high point for year-over-year FCF Payout Ratio in five years was Q1 2022 (growth of 297.8%); the low point was Q4 2021 (a decline of 45.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.40 (Q1 2026), 0.23 (Q4 2025) and 0.24 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.88 Bn | 69.66 Bn | 1.95 Bn | 0.43 |
| 2 | Veralto | 23.60 Bn | 16.25 Bn | 902.00 Mn | - |
| 3 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 0.50 |
| 4 | Badger Meter | 3.65 Bn | 2.92 Bn | 90.77 Mn | 0.53 |
| 5 | Ceco Environmental | 3.06 Bn | 2.89 Bn | 86.47 Mn | - |
| 6 | NWPX Infrastructure | 986.65 Mn | 948.13 Mn | 34.36 Mn | - |
| 7 | Energy Recovery | 345.43 Mn | 20.59 Mn | 8.96 Mn | - |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 289.72 Mn | 169.35 Mn | - | - |
| 10 | LanzaTech Global | 77.10 Mn | -38.04 Mn | 1.91 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.53 |
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.23 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.21 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.33 |
| Mar 31, 2023 | 0.48 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.32 |
| Mar 31, 2022 | 0.72 |
| Dec 31, 2021 | 0.22 |
| Sep 30, 2021 | 0.42 |
Badger Meter FCF Payout Ratio 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=fcf-payout-ratio&ticker=BMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();