Badger Meter (BMI) Payables (2010 - 2026)
Badger Meter (BMI) reported Payables of $97.83 million for Q2 2026, up 32.0% from $74.13 million a year earlier but down 8.1% from the prior quarter.
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Analysis
Badger Meter (BMI) Payables (2010 - 2026) Analysis & Trends
At the end of FY2025, Badger Meter posted Payables of $72.3 million, up 29.9% from FY2024.
- Payables has a five-year compound annual growth rate of 15.7% (FY2020 to FY2025).
- By year, Payables came in at $55.66 million in FY2024 (-32.0%), $81.81 million in FY2023 (+14.5%), $71.44 million in FY2022 (+70.7%) and $41.86 million in FY2021 (+19.9%).
- Five-year quarterly Payables spans a low of $41.86 million in Q4 2021 and a high of $106.49 million in Q1 2026.
- Year over year, Payables has now increased in each of the last three quarters, with growth averaging 1.8% over the last eight quarters.
- The high point for year-over-year Payables in five years was Q4 2022 (growth of 70.7%); the low point was Q4 2024 (a decline of 32.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $106.49 million (Q1 2026), $72.3 million (Q4 2025) and $69.79 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 78.59 Bn | 70.36 Bn | 1.95 Bn | 2.16 Bn |
| 2 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 1.01 Bn |
| 3 | Veralto | 23.49 Bn | 16.14 Bn | 902.00 Mn | 425.00 Mn |
| 4 | Badger Meter | 3.66 Bn | 2.93 Bn | 90.77 Mn | 97.83 Mn |
| 5 | Ceco Environmental | 3.13 Bn | 2.96 Bn | 86.47 Mn | 195.96 Mn |
| 6 | NWPX Infrastructure | 993.98 Mn | 955.45 Mn | 34.36 Mn | 44.46 Mn |
| 7 | Energy Recovery | 343.89 Mn | 19.06 Mn | 8.96 Mn | 5.00 Mn |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | 3.48 Mn |
| 9 | AirJoule Technologies | 296.32 Mn | 175.95 Mn | - | 316,624.00 |
| 10 | LanzaTech Global | 77.75 Mn | -37.39 Mn | 1.91 Mn | 7.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.83 Mn |
| Mar 31, 2026 | 106.49 Mn |
| Dec 31, 2025 | 72.30 Mn |
| Sep 30, 2025 | 69.79 Mn |
| Jun 30, 2025 | 74.13 Mn |
| Mar 31, 2025 | 73.79 Mn |
| Dec 31, 2024 | 55.66 Mn |
| Sep 30, 2024 | 77.38 Mn |
| Jun 30, 2024 | 96.01 Mn |
| Mar 31, 2024 | 90.62 Mn |
| Dec 31, 2023 | 81.81 Mn |
| Sep 30, 2023 | 85.00 Mn |
| Jun 30, 2023 | 81.10 Mn |
| Mar 31, 2023 | 79.55 Mn |
| Dec 31, 2022 | 71.44 Mn |
| Sep 30, 2022 | 65.46 Mn |
| Jun 30, 2022 | 61.60 Mn |
| Mar 31, 2022 | 52.44 Mn |
| Dec 31, 2021 | 41.86 Mn |
| Sep 30, 2021 | 42.41 Mn |
API Access
Badger Meter Payables 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=payables&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();