Badger Meter (BMI) Share-based Compensation (2010 - 2026)
Badger Meter's Share-based Compensation came in at $2.47 million for Q3 2026, up 21.2% from $2.04 million a year earlier but down 22.2% from the prior quarter.
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Analysis
Badger Meter (BMI) Share-based Compensation (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Badger Meter reported Share-based Compensation of $10.57 million, up 31.5% year-over-year; for FY2025, it was $9.19 million, up 48.7% from FY2024.
- Share-based Compensation has increased in each of the last six years, with a five-year compound annual growth rate of 45.4% (FY2020 to FY2025).
- Going back by year, Share-based Compensation was $6.18 million in FY2024 (+19.2%), $5.19 million in FY2023 (+64.8%), $3.15 million in FY2022 (+35.1%) and $2.33 million in FY2021 (+64.7%).
- The five-year range for quarterly Share-based Compensation is $615,000 (Q1 2022) to $3.18 million (Q2 2026).
- Year-over-year, Share-based Compensation has increased for eight consecutive quarters, with growth averaging 36.6% over the last eight quarters.
- The fastest year-over-year change in Share-based Compensation over five years came in Q4 2021 (growth of 112.0%), and the weakest in Q3 2024 (a decline of 3.1%).
- Business Quant data shows BMI's Share-based Compensation at $3.18 million (Q2 2026), $2.17 million (Q1 2026) and $2.75 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 40.90 Mn |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 21.00 Mn |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 14.00 Mn |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | 2.47 Mn |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | 12.40 Mn |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 1.63 Mn |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | 1.05 Mn |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | 1.83 Mn |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | 1.81 Mn |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | 739,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.47 Mn |
| Jun 30, 2026 | 3.18 Mn |
| Mar 31, 2026 | 2.17 Mn |
| Dec 31, 2025 | 2.75 Mn |
| Sep 30, 2025 | 2.04 Mn |
| Jun 30, 2025 | 2.58 Mn |
| Mar 31, 2025 | 1.83 Mn |
| Dec 31, 2024 | 1.59 Mn |
| Sep 30, 2024 | 1.31 Mn |
| Jun 30, 2024 | 2.01 Mn |
| Mar 31, 2024 | 1.27 Mn |
| Dec 31, 2023 | 1.23 Mn |
| Sep 30, 2023 | 1.36 Mn |
| Jun 30, 2023 | 1.60 Mn |
| Mar 31, 2023 | 1.01 Mn |
| Dec 31, 2022 | 978,000.00 |
| Sep 30, 2022 | 704,000.00 |
| Jun 30, 2022 | 851,000.00 |
| Mar 31, 2022 | 615,000.00 |
| Dec 31, 2021 | 793,000.00 |
API Access
Badger Meter Share-based Compensation 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=share-based-compensation&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();