Badger Meter BMI
NYSE BMI
$131.81 +3.68 (+2.87%)
At close: Aug 21, 2026 · 4:00 PM EDT

Badger Meter (BMI) Return on Capital Employed (2011 - 2026)

Badger Meter (BMI) posted quarterly Return on Capital Employed of 20.14% for Q2 2026, down 220.0% year-over-year from 16.79% in Q2 2025, and down 4.41% quarter-over-quarter from 21.07% in Q1 2026.

Badger Meter (BMI) Return on Capital Employed (2011 - 2026) Analysis & Trends

Badger Meter (BMI) has reported Return on Capital Employed for 16 consecutive years, with 20.14% the latest figure, recorded in Q2 2026.

  • In Q2 2026, Return on Capital Employed fell 220.0% year-over-year to 20.14%; the TTM figure through Jun 2026 stood at 20.14% (down 220.0% YoY), while the FY2025 annual figure was 24.64%, changed N/A from the prior year.
  • Return on Capital Employed retreated to 20.14% in Q2 2026 per BMI's latest filing, from 21.07% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 23.82% in Q1 2025 and bottomed at 17.75% in Q1 2022.
  • Historically, Return on Capital Employed has averaged 20.99% across 5 years, with a median of 21.65% in 2025.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed plunged 2293 bps — and 2024, when it jumped 355 bps.
  • Badger Meter's Return on Capital Employed stood at 18.25% in 2022, then rose by 9 bps to 19.87% in 2023, then grew by 15 bps to 22.84% in 2024, then declined by 3 bps to 22.23% in 2025, then slipped by 9 bps to 20.14% in 2026.
  • Business Quant data shows BMI's Return on Capital Employed at 20.14% in Q2 2026, 21.07% in Q1 2026, and 22.23% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Garmin 56.90 Bn 54.24 Bn 1.26 Bn 23.26%
2 Keysight Technologies 53.99 Bn 51.57 Bn 1.18 Bn 12.34%
3 Coherent 51.17 Bn 49.18 Bn 787.08 Mn -24.11%
4 Teledyne Technologies 29.38 Bn 29.04 Bn 738.10 Mn 8.91%
5 Mks 18.84 Bn 18.23 Bn 595.00 Mn 10.62%
6 Fortive 18.30 Bn 17.93 Bn 695.30 Mn 7.63%
7 Trimble 14.04 Bn 13.83 Bn 674.90 Mn 8.74%
8 Cognex 10.12 Bn 9.71 Bn 205.77 Mn 12.71%
9 Esco Technologies 7.42 Bn 7.35 Bn 141.52 Mn 10.91%
10 Badger Meter 3.84 Bn 3.74 Bn 90.77 Mn 20.14%

Historic Data

Download Data
DateValue
Jun 30, 2026 20.14%
Mar 31, 2026 21.07%
Dec 31, 2025 22.23%
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%
Sep 30, 2023 19.87%
Jun 30, 2023 19.13%
Mar 31, 2023 18.61%
Dec 31, 2022 18.25%
Mar 31, 2022 17.75%
Jun 30, 2021 41.00%
Mar 31, 2021 40.68%
Dec 31, 2020 16.63%
Sep 30, 2020 16.81%
Jun 30, 2020 16.50%
Mar 31, 2020 17.44%