Badger Meter (BMI) Receivables (2010 - 2026)
Badger Meter's Receivables came in at $121.23 million for Q2 2026, up 3.0% from $117.67 million a year earlier and up 9.9% from the prior quarter.
Analysis
Badger Meter (BMI) Receivables (2010 - 2026) Analysis & Trends
At the end of FY2025, Badger Meter's Receivables was $112.36 million, up 33.2% from FY2024.
- Receivables has increased in each of the last six years, with a five-year compound annual growth rate of 12.7% (FY2020 to FY2025).
- Going back by year, Receivables was $84.33 million in FY2024 (+1.0%), $83.51 million in FY2023 (+8.9%), $76.65 million in FY2022 (+16.4%) and $65.87 million in FY2021 (+6.8%).
- The Q2 2026 figure represents the highest quarterly Receivables in data going back to Q4 2010.
- Year-over-year, Receivables increased in seven of the last eight quarters, with growth averaging 12.0%.
- The fastest year-over-year change in Receivables over five years came in Q4 2025 (growth of 33.2%), and the weakest in Q1 2026 (a decline of 1.8%).
- Business Quant data shows BMI's Receivables at $110.29 million (Q1 2026), $112.36 million (Q4 2025) and $115.06 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 78.59 Bn | 70.36 Bn | 1.95 Bn | 3.61 Bn |
| 2 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 1.88 Bn |
| 3 | Veralto | 23.49 Bn | 16.14 Bn | 902.00 Mn | 921.00 Mn |
| 4 | Badger Meter | 3.66 Bn | 2.93 Bn | 90.77 Mn | 121.23 Mn |
| 5 | Ceco Environmental | 3.13 Bn | 2.96 Bn | 86.47 Mn | 598.33 Mn |
| 6 | NWPX Infrastructure | 993.98 Mn | 955.45 Mn | 34.36 Mn | 203.94 Mn |
| 7 | Energy Recovery | 343.89 Mn | 19.06 Mn | 8.96 Mn | 14.24 Mn |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | 3.41 Mn |
| 9 | AirJoule Technologies | 296.32 Mn | 175.95 Mn | - | - |
| 10 | LanzaTech Global | 77.75 Mn | -37.39 Mn | 1.91 Mn | 12.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 121.23 Mn |
| Mar 31, 2026 | 110.29 Mn |
| Dec 31, 2025 | 112.36 Mn |
| Sep 30, 2025 | 115.06 Mn |
| Jun 30, 2025 | 117.67 Mn |
| Mar 31, 2025 | 112.36 Mn |
| Dec 31, 2024 | 84.33 Mn |
| Sep 30, 2024 | 93.43 Mn |
| Jun 30, 2024 | 106.23 Mn |
| Mar 31, 2024 | 92.29 Mn |
| Dec 31, 2023 | 83.51 Mn |
| Sep 30, 2023 | 89.06 Mn |
| Jun 30, 2023 | 84.02 Mn |
| Mar 31, 2023 | 84.25 Mn |
| Dec 31, 2022 | 76.65 Mn |
| Sep 30, 2022 | 83.49 Mn |
| Jun 30, 2022 | 77.25 Mn |
| Mar 31, 2022 | 78.15 Mn |
| Dec 31, 2021 | 65.87 Mn |
| Sep 30, 2021 | 73.75 Mn |
API Access
Badger Meter Receivables 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=receivables&ticker=BMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();