Badger Meter (BMI) Net Margin (2010 - 2026)

Badger Meter (BMI) posted quarterly Net Margin of 13.51% for Q1 2026, down 377.0% YoY from 4.88% in Q1 2025, and down 32.86% sequentially from 20.13% in Q4 2025.

Badger Meter (BMI) Net Margin (2010 - 2026) Analysis & Trends

Badger Meter has disclosed Net Margin across 17 years of filings, most recently posting 13.51% for Q1 2026.

  • In Q1 2026, Net Margin fell 377.0% year-over-year to 13.51%; the TTM figure through Mar 2026 stood at 15.77% (up 1988.0% YoY), while the FY2025 annual figure was 16.63%, up 2200.0% from the prior year.
  • Net Margin declined to 13.51% in Q1 2026, from 20.13% in the prior quarter.
  • Over the last five years, Net Margin for BMI reached as high as 20.13% in Q4 2025 and fell as low as 67.52% in Q4 2024.
  • The 5-year median for Net Margin is 13.51% (2026), against an average of 6.3%.
  • Annual changes were most pronounced in 2023 — Net Margin sank 4892 bps — and 2025, when it surged 8764 bps.
  • A 5-year view of Net Margin shows it stood at 11.91% in 2022, then slumped by 411 bps to 37.02% in 2023, then slumped by 82 bps to 67.52% in 2024, then surged by 130 bps to 20.13% in 2025, then plunged by 33 bps to 13.51% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 13.51%, 20.13%, and 14.89% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 10.60%
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 8.19%
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 17.56%
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 14.54%
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn -
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 10.52%
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 19.26%
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 9.32%
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 23.10%
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 13.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 13.51%
Dec 31, 2025 20.13%
Sep 30, 2025 14.89%
Jun 30, 2025 14.53%
Mar 31, 2025 17.28%
Dec 31, 2024 -67.52%
Sep 30, 2024 15.37%
Jun 30, 2024 15.26%
Mar 31, 2024 14.84%
Dec 31, 2023 -37.02%
Sep 30, 2023 13.95%
Jun 30, 2023 12.79%
Mar 31, 2023 12.20%
Dec 31, 2022 11.91%
Sep 30, 2022 12.12%
Jun 30, 2022 12.09%
Mar 31, 2022 10.85%
Dec 31, 2021 9.70%
Sep 30, 2021 12.32%
Jun 30, 2021 11.37%