Badger Meter (BMI) Return on Assets [ROA] (2011 - 2026)
Badger Meter's Return on Assets [ROA] was 12.77% in Q2 2026, down 2.02 percentage points from 14.79% a year earlier and down 0.66 percentage points from the prior quarter.
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Analysis
Badger Meter (BMI) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Badger Meter came in at 15.83%, down 0.47 percentage points from FY2024.
- Return on Assets [ROA] shows a five-year change of +4.78 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was 16.30% in FY2024 (+2.27 pp), 14.03% in FY2023 (+2.30 pp), 11.73% in FY2022 (-0.42 pp) and 12.15% in FY2021 (+1.10 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Assets [ROA] since Q3 2023.
- Compared with a year earlier, Return on Assets [ROA] has declined for five straight quarters, with an average year-over-year change of +0.07 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q2 2024 (a gain of 2.83 percentage points); the worst was Q1 2026 (a drop of 2.21 percentage points).
- Per Business Quant data, BMI's Return on Assets [ROA] in the three quarters before Q2 2026 was 13.43% (Q1 2026), 14.51% (Q4 2025) and 14.50% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | 7.76% |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 5.88% |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 12.19% |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | 12.77% |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | -1.18% |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 7.58% |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn | 7.54% |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 | -26.06% |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - | -28.11% |
| 10 | LanzaTech Global | 74.74 Mn | -40.40 Mn | 1.91 Mn | -27.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.77% |
| Mar 31, 2026 | 13.43% |
| Dec 31, 2025 | 14.51% |
| Sep 30, 2025 | 14.50% |
| Jun 30, 2025 | 14.79% |
| Mar 31, 2025 | 15.64% |
| Dec 31, 2024 | 15.43% |
| Sep 30, 2024 | 15.02% |
| Jun 30, 2024 | 14.81% |
| Mar 31, 2024 | 14.01% |
| Dec 31, 2023 | 13.17% |
| Sep 30, 2023 | 12.66% |
| Jun 30, 2023 | 11.97% |
| Mar 31, 2023 | 11.57% |
| Dec 31, 2022 | 11.30% |
| Sep 30, 2022 | 11.68% |
| Jun 30, 2022 | 11.60% |
| Mar 31, 2022 | 11.42% |
| Dec 31, 2021 | 11.60% |
| Sep 30, 2021 | 11.14% |
API Access
Badger Meter Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();