Badger Meter (BMI) Invested Capital (2010 - 2026)

Badger Meter (BMI) reported Invested Capital of $690.4 million for Q1 2026, up 7.6% year-over-year from $641.7 million in Q1 2025, and down 3.21% quarter-over-quarter from $713.3 million in Q4 2025.

Badger Meter (BMI) Invested Capital (2010 - 2026) Analysis & Trends

Badger Meter (BMI) has 17 years of Invested Capital data on file, last reported at $690.4 million in Q1 2026.

  • Invested Capital for Q1 2026 came in at $690.4 million, up 7.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $690.4 million (up 7.6% YoY), and the FY2025 annual result was $713.3 million, up 17.66% from the prior year.
  • Invested Capital declined to $690.4 million in Q1 2026 per BMI's latest filing, from $713.3 million in the prior quarter.
  • Over five years, Invested Capital peaked at $713.3 million in Q4 2025 and troughed at $409.9 million in Q1 2022.
  • A 5-year average of $550.3 million and a median of $535.6 million in 2024 frame the typical range for Invested Capital.
  • The sharpest annual moves came in 2025 and 2026: Invested Capital grew 20.32% in 2025, then climbed 7.6% in 2026.
  • A 5-year view of Invested Capital shows it stood at $442.4 million in 2022, then climbed by 16.74% to $516.5 million in 2023, then advanced by 17.38% to $606.2 million in 2024, then advanced by 17.66% to $713.3 million in 2025, then declined by 3.21% to $690.4 million in 2026.
  • Business Quant data shows BMI's Invested Capital at $690.4 million in Q1 2026, $713.3 million in Q4 2025, and $702.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 13.87 Bn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 8.74 Bn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 9.27 Bn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 13.18 Bn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 7.82 Bn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 9.58 Bn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 5.65 Bn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 1.48 Bn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 1.61 Bn
10 Badger Meter 3.81 Bn 3.60 Bn 84.33 Mn 690.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 690.43 Mn
Dec 31, 2025 713.29 Mn
Sep 30, 2025 702.51 Mn
Jun 30, 2025 677.59 Mn
Mar 31, 2025 641.69 Mn
Dec 31, 2024 606.23 Mn
Sep 30, 2024 591.19 Mn
Jun 30, 2024 563.14 Mn
Mar 31, 2024 535.57 Mn
Dec 31, 2023 516.48 Mn
Sep 30, 2023 492.71 Mn
Jun 30, 2023 475.59 Mn
Mar 31, 2023 458.04 Mn
Dec 31, 2022 442.42 Mn
Sep 30, 2022 422.86 Mn
Jun 30, 2022 416.18 Mn
Mar 31, 2022 409.88 Mn
Dec 31, 2021 403.07 Mn
Sep 30, 2021 391.82 Mn
Jun 30, 2021 381.85 Mn