Badger Meter (BMI) Inventory Average (2011 - 2026)
Badger Meter (BMI) posted quarterly Inventory Average of $176.6 million for Q2 2026, up 19.08% year-over-year from $148.3 million in Q2 2025, and up 8.0% quarter-over-quarter from $163.6 million in Q1 2026.
Badger Meter (BMI) Inventory Average (2011 - 2026) Analysis & Trends
Badger Meter (BMI) has reported Inventory Average for 16 consecutive years, with $176.6 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Inventory Average rose 19.08% year-over-year to $176.6 million; the TTM figure through Jun 2026 stood at $176.6 million (up 19.08% YoY), while the FY2025 annual figure was $147.7 million, down 0.59% from the prior year.
- Inventory Average grew to $176.6 million in Q2 2026 per BMI's latest filing, from $163.6 million in the prior quarter.
- Across five years, Inventory Average topped out at $176.6 million in Q2 2026 and bottomed at $101.3 million in Q1 2022.
- Historically, Inventory Average has averaged $142.5 million across 5 years, with a median of $149.1 million in 2025.
- Annual changes were most pronounced in 2023 — Inventory Average grew 29.99% — and 2025, when it slipped 7.78%.
- Badger Meter's Inventory Average stood at $116.7 million in 2022, then increased by 29.13% to $150.7 million in 2023, then grew by 0.15% to $151.0 million in 2024, then increased by 0.87% to $152.3 million in 2025, then rose by 16.0% to $176.6 million in 2026.
- Business Quant data shows BMI's Inventory Average at $176.6 million in Q2 2026, $163.6 million in Q1 2026, and $152.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 1.91 Bn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 1.04 Bn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 2.35 Bn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 1.14 Bn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 991.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 308.15 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 186.65 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 139.19 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 238.82 Mn |
| 10 | Badger Meter | 3.74 Bn | 3.64 Bn | 90.77 Mn | 176.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 176.64 Mn |
| Mar 31, 2026 | 163.56 Mn |
| Dec 31, 2025 | 152.28 Mn |
| Sep 30, 2025 | 149.94 Mn |
| Jun 30, 2025 | 148.33 Mn |
| Mar 31, 2025 | 146.41 Mn |
| Dec 31, 2024 | 150.96 Mn |
| Sep 30, 2024 | 159.89 Mn |
| Jun 30, 2024 | 160.86 Mn |
| Mar 31, 2024 | 157.06 Mn |
| Dec 31, 2023 | 150.73 Mn |
| Sep 30, 2023 | 146.27 Mn |
| Jun 30, 2023 | 138.55 Mn |
| Mar 31, 2023 | 126.10 Mn |
| Dec 31, 2022 | 116.73 Mn |
| Sep 30, 2022 | 112.52 Mn |
| Jun 30, 2022 | 107.23 Mn |
| Mar 31, 2022 | 101.32 Mn |
| Dec 31, 2021 | 95.72 Mn |
| Sep 30, 2021 | 91.31 Mn |