Badger Meter (BMI) Free Cash Flow (2010 - 2026)
Badger Meter (BMI) reported Free Cash Flow of $29.5 million for Q1 2026, down 1.98% year-over-year from $30.1 million in Q1 2025, and down 41.96% quarter-over-quarter from $50.8 million in Q4 2025.
Badger Meter (BMI) Free Cash Flow (2010 - 2026) Analysis & Trends
Badger Meter (BMI) has 17 years of Free Cash Flow data on file, last reported at $29.5 million in Q1 2026.
- Free Cash Flow for Q1 2026 came in at $29.5 million, down 1.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $169.1 million (up 10.15% YoY), and the FY2025 annual result was $169.7 million, up 19.31% from the prior year.
- Free Cash Flow slipped to $29.5 million in Q1 2026 per BMI's latest filing, from $50.8 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $50.8 million in Q4 2025 and troughed at $8.1 million in Q1 2022.
- A 5-year average of $30.4 million and a median of $29.5 million in 2026 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2024: Free Cash Flow tumbled 71.84% in 2022, then jumped 69.5% in 2024.
- A 5-year view of Free Cash Flow shows it stood at $28.5 million in 2022, then advanced by 25.9% to $35.9 million in 2023, then jumped by 32.06% to $47.4 million in 2024, then grew by 7.11% to $50.8 million in 2025, then tumbled by 41.96% to $29.5 million in 2026.
- Business Quant data shows BMI's Free Cash Flow at $29.5 million in Q1 2026, $50.8 million in Q4 2025, and $48.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | -38.19 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 407.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 469.37 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 204.30 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 28.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 208.20 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 268.60 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 42.34 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 58.53 Mn |
| 10 | Badger Meter | 3.81 Bn | 3.60 Bn | 84.33 Mn | 29.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.47 Mn |
| Mar 31, 2026 | 29.47 Mn |
| Dec 31, 2025 | 50.77 Mn |
| Dec 31, 2025 | 50.77 Mn |
| Sep 30, 2025 | 48.20 Mn |
| Sep 30, 2025 | 48.20 Mn |
| Jun 30, 2025 | 40.65 Mn |
| Jun 30, 2025 | 40.65 Mn |
| Mar 31, 2025 | 30.06 Mn |
| Mar 31, 2025 | 30.06 Mn |
| Dec 31, 2024 | 47.40 Mn |
| Dec 31, 2024 | 47.40 Mn |
| Sep 30, 2024 | 41.96 Mn |
| Sep 30, 2024 | 41.96 Mn |
| Jun 30, 2024 | 34.08 Mn |
| Jun 30, 2024 | 34.08 Mn |
| Mar 31, 2024 | 18.78 Mn |
| Mar 31, 2024 | 18.78 Mn |
| Dec 31, 2023 | 35.89 Mn |
| Dec 31, 2023 | 35.89 Mn |