Badger Meter BMI
NYSE BMI
$127.51 -1.12 (-0.87%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Badger Meter's (BMI) quarterly Net Margin came in at 13.37% in Q2 2026, down 116.0% year-over-year from 83.55% in Q2 2025, and down 1.08% quarter-over-quarter from 13.51% in Q1 2026.

Analysis

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

Badger Meter (BMI) has reported Net Margin for 17 consecutive years, with 13.37% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Margin fell 116.0% year-over-year to 13.37% in Q2 2026; TTM through Jun 2026 was 14.27%, a 162.0% decrease from a year earlier, with the FY2025 full-year figure at 15.45%, down 4.0% from the prior year.
  • Net Margin was 13.37% for Q2 2026 at Badger Meter, down from 13.51% in the prior quarter.
  • Over five years, Net Margin peaked at 17.28% in Q1 2025 and troughed at 10.85% in Q1 2022.
  • A 5-year average of 13.89% and a median of 13.73% in 2023 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin surged 308 bps in 2024 and sank 377 bps in 2026, its largest moves.
  • Over 5 years, Net Margin stood at 11.91% in 2022, then rose by 13 bps to 13.41% in 2023, then gained by 23 bps to 16.49% in 2024, then slipped by 8 bps to 15.21% in 2025, then retreated by 12 bps to 13.37% in 2026.
  • The last three Net Margin figures came in at 13.37% (Q2 2026), 13.51% (Q1 2026), and 15.21% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Ecolab 76.62 Bn 71.48 Bn 1.95 Bn 12.20%
2 Xylem 25.39 Bn 24.11 Bn 963.00 Mn 11.17%
3 Veralto 23.26 Bn 21.14 Bn 902.00 Mn 16.35%
4 Badger Meter 3.70 Bn 3.60 Bn 90.77 Mn 13.37%
5 NWPX Infrastructure 1.03 Bn 1.01 Bn 34.36 Mn 9.93%
6 Energy Recovery 380.05 Mn 287.00 Mn 8.96 Mn -26.66%
7 Cadiz 339.11 Mn 333.79 Mn -24,000.00 -1,291.01%
8 AirJoule Technologies 307.53 Mn 266.11 Mn - -
9 Euro Tech Holdings 13.01 Mn -11.70 Mn - -
10 Rain Enhancement Technologies Holdco 5.89 Mn 5.89 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 13.37%
Mar 31, 2026 13.51%
Dec 31, 2025 15.21%
Sep 30, 2025 14.89%
Jun 30, 2025 14.53%
Mar 31, 2025 17.28%
Dec 31, 2024 16.49%
Sep 30, 2024 15.37%
Jun 30, 2024 15.26%
Mar 31, 2024 14.84%
Dec 31, 2023 13.41%
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 12.73%
Sep 30, 2021 12.32%