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| Date | Value |
|---|---|
| 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 |