Badger Meter BMI
NYSE BMI
$123.51 -4.32 (-3.38%)
As of: Sep 10, 2026 · 1:47 PM EDT

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

Badger Meter's (BMI) quarterly Tax Rate came in at 25.18% in Q2 2026, up 72.0% year-over-year from 14.64% in Q2 2025, and up 1.66% quarter-over-quarter from 24.77% in Q1 2026.

Analysis

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

Badger Meter (BMI) has reported Tax Rate for 17 consecutive years, with 25.18% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Tax Rate rose 72.0% year-over-year to 25.18% in Q2 2026; TTM through Jun 2026 was 25.24%, a 40.0% increase from a year earlier, with the FY2025 full-year figure at 24.93%, up 42.0% from the prior year.
  • Tax Rate was 25.18% for Q2 2026 at Badger Meter, up from 24.77% in the prior quarter.
  • Over five years, Tax Rate peaked at 26.86% in Q4 2023 and troughed at 20.32% in Q3 2023.
  • A 5-year average of 24.52% and a median of 24.62% in 2025 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate soared 686 bps in 2022 and plunged 480 bps in 2023, its largest moves.
  • Over 5 years, Tax Rate stood at 23.43% in 2022, then grew by 15 bps to 26.86% in 2023, then slipped by 6 bps to 25.24% in 2024, then slipped by 2 bps to 24.79% in 2025, then rose by 2 bps to 25.18% in 2026.
  • The last three Tax Rate figures came in at 25.18% (Q2 2026), 24.77% (Q1 2026), and 24.79% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Ecolab 75.73 Bn 70.59 Bn 1.95 Bn 22.33%
2 Xylem 25.05 Bn 23.78 Bn 963.00 Mn 28.30%
3 Veralto 22.80 Bn 20.68 Bn 902.00 Mn 16.61%
4 Badger Meter 3.58 Bn 3.49 Bn 90.77 Mn 25.18%
5 NWPX Infrastructure 995.41 Mn 976.09 Mn 34.36 Mn 26.28%
6 Energy Recovery 378.25 Mn 285.20 Mn 8.96 Mn 37.07%
7 Cadiz 332.80 Mn 327.48 Mn -24,000.00 -
8 AirJoule Technologies 296.03 Mn 254.61 Mn - 25.50%
9 Euro Tech Holdings 12.24 Mn -12.47 Mn - -
10 Rain Enhancement Technologies Holdco 5.86 Mn 5.86 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 25.18%
Mar 31, 2026 24.77%
Dec 31, 2025 24.79%
Sep 30, 2025 26.06%
Jun 30, 2025 24.47%
Mar 31, 2025 24.39%
Dec 31, 2024 25.24%
Sep 30, 2024 25.34%
Jun 30, 2024 23.77%
Mar 31, 2024 23.52%
Dec 31, 2023 26.86%
Sep 30, 2023 20.32%
Jun 30, 2023 25.76%
Mar 31, 2023 24.27%
Dec 31, 2022 23.43%
Sep 30, 2022 25.11%
Jun 30, 2022 24.41%
Mar 31, 2022 23.69%
Dec 31, 2021 24.49%
Sep 30, 2021 18.26%