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| Date | Value |
|---|---|
| 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% |