Badger Meter (BMI) Return on Assets [ROA] (2011 - 2026)
Badger Meter's Return on Assets [ROA] was 13.03% in Q3 2026, down 1.46 percentage points from 14.50% a year earlier but up 0.26 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).
- Quarterly Return on Assets [ROA] has moved between 11.30% (Q4 2022) and 15.64% (Q1 2025) over five years.
- Compared with a year earlier, Return on Assets [ROA] has declined for six straight quarters, with an average year-over-year change of -0.41 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 Q3 2026 was 12.77% (Q2 2026), 13.43% (Q1 2026) and 14.51% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 6.88% |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 11.94% |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 6.18% |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | 13.03% |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | -1.18% |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 7.94% |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | 2.64% |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | -26.22% |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | -28.11% |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | -16.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.03% |
| 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% |
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();