Badger Meter (BMI) Price to Earnings (2009 - 2026)
Badger Meter's (BMI) Price to Earnings stood at 27.91 in Q3 2026, down 26.4% from 37.92 a year earlier and down 18.4% from the prior quarter.
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Analysis
Badger Meter (BMI) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Badger Meter's Price to Earnings came in at 36.20, down 27.4% from FY2024.
- Across earlier years, Price to Earnings came in at 49.84 in FY2024 (+2.1%), 48.82 in FY2023 (+1.9%), 47.91 in FY2022 (-6.1%) and 51.01 in FY2021 (-7.9%).
- The Q3 2026 figure is the lowest quarterly Price to Earnings since Q3 2014.
- On a year-over-year basis, Price to Earnings has declined for five consecutive quarters, with an average decline of 17.0% over the last eight quarters.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 51.5% in Q2 2023, against a decline of 35.7% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 34.22 (Q2 2026), 34.05 (Q1 2026) and 36.20 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 86.73 Bn | 79.74 Bn | 2.07 Bn |
| 2 | Veralto | 28.77 Bn | 21.41 Bn | 908.00 Mn |
| 3 | Xylem | 21.59 Bn | 17.56 Bn | 907.00 Mn |
| 4 | Badger Meter | 4.42 Bn | 3.83 Bn | 98.85 Mn |
| 5 | Ceco Environmental | 3.20 Bn | 2.99 Bn | 130.10 Mn |
| 6 | NWPX Infrastructure | 866.95 Mn | 825.03 Mn | 38.19 Mn |
| 7 | Energy Recovery | 370.21 Mn | 32.65 Mn | 4.20 Mn |
| 8 | Cadiz | 265.95 Mn | 231.07 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 157.70 Mn | 37.32 Mn | - |
| 10 | LanzaTech Global | 50.39 Mn | -47.24 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.91 |
| Jun 30, 2026 | 34.22 |
| Mar 31, 2026 | 34.05 |
| Dec 31, 2025 | 36.20 |
| Sep 30, 2025 | 37.92 |
| Jun 30, 2025 | 53.18 |
| Mar 31, 2025 | 41.75 |
| Dec 31, 2024 | 49.84 |
| Sep 30, 2024 | 54.00 |
| Jun 30, 2024 | 48.56 |
| Mar 31, 2024 | 46.49 |
| Dec 31, 2023 | 48.82 |
| Sep 30, 2023 | 49.43 |
| Jun 30, 2023 | 55.91 |
| Mar 31, 2023 | 49.91 |
| Dec 31, 2022 | 47.91 |
| Sep 30, 2022 | 40.83 |
| Jun 30, 2022 | 36.90 |
| Mar 31, 2022 | 47.48 |
| Dec 31, 2021 | 51.01 |
API Access
Badger Meter Price to Earnings 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=price-to-earnings&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();