Badger Meter (BMI) Return on Sales [ROS] (2010 - 2026)
Badger Meter (BMI) recorded Return on Sales [ROS] of 20.23% in Q3 2026, up 0.68 percentage points from 19.56% a year earlier and up 2.52 percentage points from the prior quarter.
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Analysis
Badger Meter (BMI) Return on Sales [ROS] (2010 - 2026) Analysis & Trends
On a TTM basis, Badger Meter's Return on Sales [ROS] came in at 18.76% as of Sep 30, 2026, down 1.17 percentage points year-over-year; for FY2025, it was 20.01%, up 0.90 percentage points from FY2024.
- Annual Return on Sales [ROS] has increased for three straight years, with a five-year change of +4.70 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Sales [ROS] came in at 19.11% in FY2024 (+2.33 pp), 16.78% in FY2023 (+1.34 pp), 15.43% in FY2022 (-0.15 pp) and 15.58% in FY2021 (+0.27 pp).
- The Q3 2026 figure is the highest quarterly Return on Sales [ROS] since Q1 2025.
- On a year-over-year basis, Return on Sales [ROS] rose in five of the last eight quarters, with an average year-over-year change of 0.00 percentage points.
- Peak year-over-year performance for Return on Sales [ROS] in the last five years was a gain of 3.61 percentage points in Q1 2025, against a drop of 4.85 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 17.71% (Q2 2026), 17.39% (Q1 2026) and 19.51% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 17.26% |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 19.75% |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 17.49% |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | 20.23% |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | -11.64% |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 13.55% |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | -87.49% |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | -902.45% |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | - |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | -109.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.23% |
| Jun 30, 2026 | 17.71% |
| Mar 31, 2026 | 17.39% |
| Dec 31, 2025 | 19.51% |
| Sep 30, 2025 | 19.56% |
| Jun 30, 2025 | 18.84% |
| Mar 31, 2025 | 22.24% |
| Dec 31, 2024 | 19.12% |
| Sep 30, 2024 | 19.49% |
| Jun 30, 2024 | 19.16% |
| Mar 31, 2024 | 18.64% |
| Dec 31, 2023 | 17.58% |
| Sep 30, 2023 | 16.88% |
| Jun 30, 2023 | 16.78% |
| Mar 31, 2023 | 15.74% |
| Dec 31, 2022 | 15.25% |
| Sep 30, 2022 | 16.13% |
| Jun 30, 2022 | 16.03% |
| Mar 31, 2022 | 14.25% |
| Dec 31, 2021 | 16.84% |
API Access
Badger Meter Return on Sales [ROS] 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-sales-%5Bros%5D&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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-sales-%5Bros%5D&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();