Badger Meter (BMI) Tax Rate (2010 - 2026)

Badger Meter (BMI) posted quarterly Tax Rate of 24.77% for Q1 2026, up 38.0% YoY from 17.95% in Q1 2025, and up 4927.02% sequentially from 0.49% in Q4 2025.

Badger Meter (BMI) Tax Rate (2010 - 2026) Analysis & Trends

Badger Meter has disclosed Tax Rate across 17 years of filings, most recently posting 24.77% for Q1 2026.

  • In Q1 2026, Tax Rate rose 38.0% year-over-year to 24.77%; the TTM figure through Mar 2026 stood at 18.82% (down 44669.0% YoY), while the FY2025 annual figure was 19.18%, up 134482.0% from the prior year.
  • Tax Rate improved to 24.77% in Q1 2026, from 0.49% in the prior quarter.
  • Over the last five years, Tax Rate for BMI reached as high as 26.06% in Q3 2025 and fell as low as 8.68% in Q4 2024.
  • The 5-year median for Tax Rate is 24.27% (2023), against an average of 20.79%.
  • Annual changes were most pronounced in 2024 — Tax Rate sank 3099 bps — and 2025, when it soared 917 bps.
  • A 5-year view of Tax Rate shows it stood at 23.43% in 2022, then decreased by 5 bps to 22.32% in 2023, then plunged by 139 bps to 8.68% in 2024, then soared by 106 bps to 0.49% in 2025, then soared by 4927 bps to 24.77% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 24.77%, 0.49%, and 26.06% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 1.45%
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 19.94%
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn -41.92%
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 18.62%
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 16.63%
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 24.68%
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 16.28%
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 24.59%
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 14.27%
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 24.77%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.77%
Mar 31, 2026 24.77%
Dec 31, 2025 0.49%
Dec 31, 2025 0.49%
Sep 30, 2025 26.06%
Sep 30, 2025 26.06%
Jun 30, 2025 24.47%
Jun 30, 2025 24.47%
Mar 31, 2025 24.39%
Mar 31, 2025 24.39%
Dec 31, 2024 -8.68%
Dec 31, 2024 -8.68%
Sep 30, 2024 25.34%
Sep 30, 2024 25.34%
Jun 30, 2024 23.77%
Jun 30, 2024 23.77%
Mar 31, 2024 23.52%
Mar 31, 2024 23.52%
Dec 31, 2023 22.32%
Dec 31, 2023 22.32%