Badger Meter (BMI) Return on Capital Employed (2011 - 2026)
Badger Meter (BMI) reported Return on Capital Employed of 3.16% for Q1 2026, down 2066.0% year-over-year from 0.16% in Q1 2025, and down 34.19% quarter-over-quarter from 4.8% in Q4 2025.
Badger Meter (BMI) Return on Capital Employed (2011 - 2026) Analysis & Trends
Badger Meter (BMI) has 16 years of Return on Capital Employed data on file, last reported at 3.16% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 3.16%, down 2066.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.16% (down 2066.0% YoY), and the FY2025 annual result was 5.32%, down 1903.0% from the prior year.
- Return on Capital Employed eased to 3.16% in Q1 2026 per BMI's latest filing, from 4.8% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 23.82% in Q1 2025 and troughed at 3.16% in Q1 2026.
- A 5-year average of 16.3% and a median of 19.87% in 2023 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2023 and 2026: Return on Capital Employed jumped 1469 bps in 2023, then sank 2066 bps in 2026.
- A 5-year view of Return on Capital Employed shows it stood at 18.25% in 2022, then rose by 13 bps to 20.66% in 2023, then grew by 11 bps to 22.84% in 2024, then tumbled by 79 bps to 4.8% in 2025, then slumped by 34 bps to 3.16% in 2026.
- Business Quant data shows BMI's Return on Capital Employed at 3.16% in Q1 2026, 4.8% in Q4 2025, and 22.34% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | -26.06% |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 9.45% |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 20.58% |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 8.78% |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 8.73% |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 7.88% |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 8.21% |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 10.78% |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 8.76% |
| 10 | Badger Meter | 3.81 Bn | 3.60 Bn | 84.33 Mn | 3.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.16% |
| Dec 31, 2025 | 4.80% |
| Sep 30, 2025 | 22.34% |
| Jun 30, 2025 | 22.34% |
| Mar 31, 2025 | 23.82% |
| Dec 31, 2024 | 22.84% |
| Sep 30, 2024 | 22.75% |
| Jun 30, 2024 | 22.68% |
| Mar 31, 2024 | 21.77% |
| Dec 31, 2023 | 20.66% |
| Sep 30, 2023 | 19.87% |
| Jun 30, 2023 | 19.13% |
| Mar 31, 2023 | 18.61% |
| Dec 31, 2022 | 18.25% |
| Sep 30, 2022 | 5.47% |
| Jun 30, 2022 | 4.62% |
| Mar 31, 2022 | 3.92% |
| Dec 31, 2021 | 3.73% |
| Sep 30, 2021 | 4.97% |
| Jun 30, 2021 | 5.09% |