Badger Meter (BMI) Goodwill & Intangibles (2010 - 2026)
Badger Meter (BMI) recorded Goodwill & Intangibles of $465.15 million in Q2 2026, up 28.6% from $361.81 million a year earlier and up 33.3% from the prior quarter.
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Analysis
Badger Meter (BMI) Goodwill & Intangibles (2010 - 2026) Analysis & Trends
At the end of FY2025, Badger Meter reported Goodwill & Intangibles of $354.07 million, up 125.7% from FY2024.
- Annual Goodwill & Intangibles has a five-year compound annual growth rate of 20.0% (FY2020 to FY2025).
- Across earlier years, Goodwill & Intangibles came in at $156.87 million in FY2024 (-6.0%), $166.94 million in FY2023 (+7.8%), $154.91 million in FY2022 (-8.1%) and $168.49 million in FY2021 (+18.4%).
- The Q2 2026 figure is the highest quarterly Goodwill & Intangibles in data going back to Q4 2010.
- On a year-over-year basis, Goodwill & Intangibles rose in five of the last eight quarters, with growth averaging 62.6%.
- Peak year-over-year performance for Goodwill & Intangibles in the last five years was growth of 125.7% in Q4 2025, against a decline of 10.7% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $349.05 million (Q1 2026), $354.07 million (Q4 2025) and $358.71 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 76.74 Bn | 68.51 Bn | 1.95 Bn |
| 2 | Xylem | 23.78 Bn | 19.27 Bn | 963.00 Mn |
| 3 | Veralto | 23.12 Bn | 15.77 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.70 Bn | 2.97 Bn | 90.77 Mn |
| 5 | Ceco Environmental | 3.19 Bn | 3.02 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 1.02 Bn | 983.22 Mn | 34.36 Mn |
| 7 | Energy Recovery | 346.45 Mn | 21.62 Mn | 8.96 Mn |
| 8 | Cadiz | 322.34 Mn | 290.78 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 287.52 Mn | 167.15 Mn | - |
| 10 | LanzaTech Global | 79.06 Mn | -36.08 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 465.15 Mn |
| Mar 31, 2026 | 349.05 Mn |
| Dec 31, 2025 | 354.07 Mn |
| Sep 30, 2025 | 358.71 Mn |
| Jun 30, 2025 | 361.81 Mn |
| Mar 31, 2025 | 362.63 Mn |
| Dec 31, 2024 | 156.87 Mn |
| Sep 30, 2024 | 163.96 Mn |
| Jun 30, 2024 | 163.53 Mn |
| Mar 31, 2024 | 165.95 Mn |
| Dec 31, 2023 | 166.94 Mn |
| Sep 30, 2023 | 167.33 Mn |
| Jun 30, 2023 | 171.31 Mn |
| Mar 31, 2023 | 173.28 Mn |
| Dec 31, 2022 | 154.91 Mn |
| Sep 30, 2022 | 153.41 Mn |
| Jun 30, 2022 | 158.98 Mn |
| Mar 31, 2022 | 164.54 Mn |
| Dec 31, 2021 | 168.49 Mn |
| Sep 30, 2021 | 171.80 Mn |
API Access
Badger Meter Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();