Badger Meter (BMI) Price to Sales (2009 - 2026)
Badger Meter's Price to Sales was 4.01 in Q3 2026, down 31.4% from 5.84 a year earlier and down 17.9% from the prior quarter.
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Analysis
Badger Meter (BMI) Price to Sales (2009 - 2026) Analysis & Trends
For FY2025, Price to Sales at Badger Meter came in at 5.59, down 25.8% from FY2024.
- In earlier years, Price to Sales was 7.53 in FY2024 (+17.3%), 6.42 in FY2023 (+14.1%), 5.63 in FY2022 (-8.4%) and 6.15 in FY2021 (-4.3%).
- The Q3 2026 figure marks the lowest quarterly Price to Sales since Q1 2020.
- Compared with a year earlier, Price to Sales has declined for five straight quarters, with an average decline of 14.0% over the last eight quarters.
- The best year-over-year quarter for Price to Sales over five years was Q2 2023 (growth of 55.0%); the worst was Q2 2026 (a decline of 40.9%).
- Per Business Quant data, BMI's Price to Sales in the three quarters before Q3 2026 was 4.88 (Q2 2026), 4.96 (Q1 2026) and 5.59 (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 | 4.01 |
| Jun 30, 2026 | 4.88 |
| Mar 31, 2026 | 4.96 |
| Dec 31, 2025 | 5.59 |
| Sep 30, 2025 | 5.84 |
| Jun 30, 2025 | 8.26 |
| Mar 31, 2025 | 6.57 |
| Dec 31, 2024 | 7.53 |
| Sep 30, 2024 | 7.99 |
| Jun 30, 2024 | 7.01 |
| Mar 31, 2024 | 6.42 |
| Dec 31, 2023 | 6.42 |
| Sep 30, 2023 | 6.32 |
| Jun 30, 2023 | 6.86 |
| Mar 31, 2023 | 6.03 |
| Dec 31, 2022 | 5.63 |
| Sep 30, 2022 | 4.88 |
| Jun 30, 2022 | 4.43 |
| Mar 31, 2022 | 5.61 |
| Dec 31, 2021 | 6.15 |
API Access
Badger Meter Price to Sales 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-sales&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();