Badger Meter (BMI) Price to FCF (2009 - 2026)
Badger Meter's (BMI) Price to FCF stood at 24.80 in Q3 2026, down 21.6% from 31.65 a year earlier and down 13.3% from the prior quarter.
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Analysis
Badger Meter (BMI) Price to FCF (2009 - 2026) Analysis & Trends
For FY2025, Badger Meter's Price to FCF came in at 30.22, down 31.0% from FY2024.
- Across earlier years, Price to FCF came in at 43.79 in FY2024 (-5.0%), 46.07 in FY2023 (+10.7%), 41.61 in FY2022 (+8.2%) and 38.45 in FY2021 (+13.3%).
- The Q3 2026 figure is the lowest quarterly Price to FCF since Q3 2020.
- On a year-over-year basis, Price to FCF has declined for eight consecutive quarters, with an average decline of 22.8% over the last eight quarters.
- Peak year-over-year performance for Price to FCF in the last five years was growth of 44.4% in Q1 2022, against a decline of 36.5% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 28.62 (Q2 2026), 26.30 (Q1 2026) and 30.22 (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 | 24.80 |
| Jun 30, 2026 | 28.62 |
| Mar 31, 2026 | 26.30 |
| Dec 31, 2025 | 30.22 |
| Sep 30, 2025 | 31.65 |
| Jun 30, 2025 | 45.10 |
| Mar 31, 2025 | 36.51 |
| Dec 31, 2024 | 43.79 |
| Sep 30, 2024 | 49.14 |
| Jun 30, 2024 | 46.78 |
| Mar 31, 2024 | 46.09 |
| Dec 31, 2023 | 46.07 |
| Sep 30, 2023 | 46.54 |
| Jun 30, 2023 | 51.36 |
| Mar 31, 2023 | 43.47 |
| Dec 31, 2022 | 41.61 |
| Sep 30, 2022 | 36.43 |
| Jun 30, 2022 | 35.76 |
| Mar 31, 2022 | 48.58 |
| Dec 31, 2021 | 38.45 |
API Access
Badger Meter Price to FCF 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-fcf&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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-fcf&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();