Badger Meter (BMI) Market Capitalization (2010 - 2026)
Badger Meter (BMI) posted Market Capitalization of $3.53 billion for Q3 2026, down 32.9% from $5.26 billion a year earlier and down 17.9% from the prior quarter.
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Analysis
Badger Meter (BMI) Market Capitalization (2010 - 2026) Analysis & Trends
For FY2025, Badger Meter's Market Capitalization came in at $5.13 billion, down 17.7% from FY2024.
- Annual Market Capitalization shows a five-year compound annual growth rate of 13.4% (FY2020 to FY2025).
- In prior years, Badger Meter's Market Capitalization was $6.23 billion in FY2024 (+37.7%), $4.52 billion in FY2023 (+41.9%), $3.19 billion in FY2022 (+2.6%) and $3.11 billion in FY2021 (+13.6%).
- The Q3 2026 figure stands as the lowest quarterly Market Capitalization since Q4 2022.
- On a year-over-year basis, Market Capitalization has declined in each of the last five quarters, with an average decline of 5.3% over the last eight quarters.
- The strongest year-over-year quarter for Market Capitalization in the past five years was Q2 2023, with growth of 82.7%; the weakest was Q2 2026, with a decline of 40.4%.
- According to Business Quant data, Market Capitalization for the three prior quarters was $4.3 billion (Q2 2026), $4.45 billion (Q1 2026) and $5.13 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 85.71 Bn | 78.69 Bn | 2.07 Bn |
| 2 | Veralto | 28.52 Bn | 21.15 Bn | 908.00 Mn |
| 3 | Xylem | 22.63 Bn | 18.36 Bn | 907.00 Mn |
| 4 | Badger Meter | 4.51 Bn | 3.92 Bn | 98.85 Mn |
| 5 | Ceco Environmental | 2.29 Bn | 2.11 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 887.68 Mn | 845.76 Mn | 38.19 Mn |
| 7 | Energy Recovery | 377.64 Mn | 40.09 Mn | 4.20 Mn |
| 8 | Cadiz | 305.87 Mn | 270.99 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 179.92 Mn | 59.54 Mn | - |
| 10 | LanzaTech Global | 53.29 Mn | -44.34 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.53 Bn |
| Jun 30, 2026 | 4.30 Bn |
| Mar 31, 2026 | 4.45 Bn |
| Dec 31, 2025 | 5.13 Bn |
| Sep 30, 2025 | 5.26 Bn |
| Jun 30, 2025 | 7.22 Bn |
| Mar 31, 2025 | 5.60 Bn |
| Dec 31, 2024 | 6.23 Bn |
| Sep 30, 2024 | 6.42 Bn |
| Jun 30, 2024 | 5.48 Bn |
| Mar 31, 2024 | 4.76 Bn |
| Dec 31, 2023 | 4.52 Bn |
| Sep 30, 2023 | 4.22 Bn |
| Jun 30, 2023 | 4.33 Bn |
| Mar 31, 2023 | 3.57 Bn |
| Dec 31, 2022 | 3.19 Bn |
| Sep 30, 2022 | 2.70 Bn |
| Jun 30, 2022 | 2.37 Bn |
| Mar 31, 2022 | 2.92 Bn |
| Dec 31, 2021 | 3.11 Bn |
API Access
Badger Meter Market Capitalization 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=market-capitalization&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();