Badger Meter (BMI) Price to Earnings (2011 - 2026)
Badger Meter's (BMI) Price to Earnings stood at 34.22 in Q2 2026, down 35.7% from 53.18 a year earlier but up 0.5% from the prior quarter.
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Analysis
Badger Meter (BMI) Price to Earnings (2011 - 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%).
- Quarterly Price to Earnings has ranged from 34.05 in Q1 2026 to 55.91 in Q2 2023 over the past five years.
- On a year-over-year basis, Price to Earnings has declined for four consecutive quarters, with an average decline of 12.6% 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 34.05 (Q1 2026), 36.20 (Q4 2025) and 37.92 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 76.01 Bn | 67.78 Bn | 1.95 Bn |
| 2 | Xylem | 23.56 Bn | 19.05 Bn | 963.00 Mn |
| 3 | Veralto | 23.10 Bn | 15.75 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.72 Bn | 2.99 Bn | 90.77 Mn |
| 5 | Ceco Environmental | 3.11 Bn | 2.95 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 1.01 Bn | 971.46 Mn | 34.36 Mn |
| 7 | Energy Recovery | 342.87 Mn | 18.03 Mn | 8.96 Mn |
| 8 | Cadiz | 311.40 Mn | 279.84 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 290.46 Mn | 170.08 Mn | - |
| 10 | LanzaTech Global | 72.38 Mn | -42.75 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 52.17 |
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();