Last 48 quarters of trend data · Industrials · Pumps & Flow Control
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 36.09 | 24.91 | 36.37 | 40.95 | 38.25 | 37.52 | 52.34 | 36.59 | 50.99 | 50.56 | 41.60 | 40.86 | 45.94 | 40.87 | 48.54 | 46.14 | 45.43 | 37.86 | 35.48 | 50.87 | 45.15 |
| — | -33.6% | -30.5% | +11.9% | -25.0% | -25.8% | +25.8% | -10.5% | +11.0% | +23.7% | -14.3% | -11.4% | +1.1% | +7.9% | +36.8% | -9.3% | +0.6% | -19.1% | -30.6% | +2.8% | -13.6% | |
| P/S Ratio | 5.20 | 3.78 | 4.86 | 5.53 | 5.84 | 5.60 | 7.61 | 6.33 | 7.59 | 7.74 | 6.35 | 6.08 | 6.23 | 5.69 | 6.18 | 5.63 | 5.44 | 4.58 | 4.31 | 5.53 | 5.76 |
| — | -32.6% | -36.1% | -12.6% | -23.1% | -27.6% | +19.8% | +4.1% | +21.8% | +36.0% | +2.8% | +7.9% | +14.6% | +24.2% | +43.5% | +1.9% | -5.6% | -20.5% | -26.4% | -4.5% | -5.9% | |
| P/B Ratio | 6.56 | 5.48 | 6.33 | 6.48 | 7.22 | 7.52 | 10.69 | 8.77 | 10.28 | 10.92 | 9.77 | 8.91 | 8.81 | 8.61 | 9.14 | 7.82 | 7.25 | 6.42 | 5.70 | 7.14 | 7.76 |
| — | -27.2% | -40.8% | -26.1% | -29.7% | -31.1% | +9.4% | -1.6% | +16.7% | +26.8% | +6.9% | +13.9% | +21.6% | +34.1% | +60.2% | +9.5% | -6.7% | -15.3% | -24.3% | -3.2% | +1.9% | |
| P/FCF | 32.22 | 22.14 | 49.65 | 37.96 | 25.37 | 27.40 | 44.56 | 46.78 | 32.86 | 38.45 | 40.37 | 63.52 | 31.69 | 37.30 | 54.03 | 65.41 | 28.12 | 31.02 | 32.91 | 90.26 | 29.89 |
| — | -19.2% | +11.4% | -18.9% | -22.8% | -28.7% | +10.4% | -26.4% | +3.7% | +3.1% | -25.3% | -2.9% | +12.7% | +20.3% | +64.2% | -27.5% | -5.9% | -41.9% | -45.6% | +281.1% | -44.8% | |
| EV / EBITDA | 22.13 | 15.10 | 21.47 | 28.09 | 23.75 | 23.18 | 32.98 | 23.80 | 31.37 | 31.84 | 26.59 | 25.64 | 27.74 | 26.49 | 28.86 | 27.00 | 26.86 | 21.25 | 19.76 | 27.68 | 25.57 |
| — | -34.9% | -34.9% | +18.0% | -24.3% | -27.2% | +24.0% | -7.2% | +13.1% | +20.2% | -7.9% | -5.0% | +3.3% | +24.6% | +46.1% | -2.4% | +5.1% | -22.4% | -28.0% | +2.1% | -11.3% | |
| EV / EBIT | 23.77 | 18.24 | 26.83 | 29.37 | 27.59 | 26.78 | 38.65 | 27.04 | 37.84 | 38.13 | 31.79 | 31.27 | 34.00 | 32.47 | 35.66 | 34.54 | 34.18 | 27.13 | 25.77 | 37.69 | 33.31 |
| — | -31.9% | -30.6% | +8.6% | -27.1% | -29.8% | +21.6% | -13.5% | +11.3% | +17.4% | -10.9% | -9.5% | -0.5% | +19.7% | +38.4% | -8.4% | +2.6% | -27.4% | -31.8% | -0.2% | -15.8% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 41.7% | 41.9% | 40.8% | 41.7% | 42.1% | 40.7% | 41.1% | 42.9% | 40.3% | 40.2% | 39.4% | 39.3% | 39.2% | 39.1% | 39.5% | 39.5% | 38.7% | 38.9% | 39.7% | 38.3% | 40.4% |
| — | +3.0% | -0.6% | -2.9% | +4.5% | +1.1% | +4.3% | +9.2% | +3.0% | +3.0% | -0.2% | -0.4% | +1.3% | +0.5% | -0.6% | +3.1% | -4.3% | -2.2% | -2.6% | -8.5% | +3.0% | |
| Operating Margin | 20.0% | 20.2% | 17.7% | 17.4% | 19.5% | 19.6% | 18.8% | 22.2% | 19.1% | 19.5% | 19.2% | 18.6% | 17.6% | 16.9% | 16.8% | 15.7% | 15.3% | 16.1% | 16.0% | 14.2% | 16.8% |
| — | +3.5% | -6.0% | -21.8% | +2.0% | +0.3% | -1.7% | +19.4% | +8.7% | +15.5% | +14.2% | +18.4% | +15.3% | +4.6% | +4.7% | +10.5% | -9.4% | +6.8% | +5.4% | -5.4% | +11.5% | |
| Net Margin | 15.5% | 15.2% | 13.4% | 13.5% | 15.2% | 14.9% | 14.5% | 17.3% | 15.0% | 15.4% | 15.3% | 14.8% | 13.6% | 13.9% | 12.8% | 12.2% | 11.9% | 12.1% | 12.1% | 10.8% | 12.7% |
| — | +2.2% | -8.0% | -21.8% | +1.6% | -3.2% | -4.8% | +16.4% | +10.5% | +10.2% | +19.3% | +21.6% | +13.8% | +15.1% | +5.8% | +12.5% | -6.5% | -1.6% | +6.3% | -7.3% | +9.2% |
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 21.5% | 5.4% | 4.3% | 3.9% | 4.7% | 5.1% | 5.2% | 6.2% | 5.1% | 5.6% | 6.0% | 5.5% | 4.9% | 5.4% | 4.8% | 4.3% | 4.1% | 4.3% | 4.0% | 3.5% | 4.3% |
| — | +5.9% | -17.5% | -36.7% | -7.6% | -8.4% | -12.9% | +11.1% | +4.7% | +3.5% | +24.9% | +28.4% | +20.9% | +25.5% | +19.4% | +22.1% | -6.7% | +4.3% | +8.5% | -6.3% | +18.3% | |
| ROA | 15.8% | 3.7% | 3.0% | 2.8% | 3.4% | 3.7% | 3.8% | 4.5% | 3.8% | 4.0% | 4.3% | 4.0% | 3.5% | 3.9% | 3.5% | 3.1% | 3.0% | 3.2% | 3.0% | 2.7% | 3.3% |
| — | +0.9% | -19.9% | -37.2% | -9.3% | -9.4% | -13.1% | +12.2% | +7.9% | +5.1% | +24.6% | +27.0% | +18.0% | +21.8% | +15.5% | +17.7% | -9.5% | +1.5% | +6.3% | -7.3% | +15.6% | |
| ROIC | 34.5% | 6.1% | 5.5% | 5.4% | 6.5% | 6.8% | 6.6% | 9.0% | 9.1% | 9.1% | 9.2% | 8.3% | 7.4% | 7.1% | 6.7% | 5.9% | 5.5% | 5.7% | 5.2% | 4.4% | 5.4% |
| — | -10.3% | -16.3% | -39.9% | -28.6% | -25.1% | -28.9% | +8.7% | +24.4% | +28.2% | +38.7% | +40.1% | +33.6% | +23.8% | +28.2% | +33.3% | +2.8% | +27.8% | +19.4% | +1.4% | +15.0% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 3.36 | 2.48 | 2.42 | 3.00 | 3.36 | 3.22 | 3.23 | 2.92 | 4.57 | 4.10 | 3.69 | 3.48 | 3.35 | 3.28 | 3.27 | 3.12 | 3.15 | 3.20 | 3.12 | 3.18 | 3.18 |
| — | -23.0% | -25.1% | +2.8% | -26.4% | -21.3% | -12.3% | -16.2% | +36.4% | +24.8% | +12.8% | +11.8% | +6.3% | +2.7% | +4.7% | -1.9% | -0.9% | +4.0% | +2.9% | +11.7% | -3.2% | |
| Quick Ratio | 2.36 | 1.36 | 1.39 | 1.97 | 2.36 | 2.23 | 2.17 | 1.86 | 3.36 | 2.87 | 2.52 | 2.30 | 2.19 | 2.14 | 2.05 | 1.97 | 2.07 | 2.08 | 1.98 | 2.01 | 1.97 |
| — | -39.0% | -36.2% | +5.8% | -29.8% | -22.4% | -13.9% | -19.0% | +53.5% | +34.4% | +22.9% | +16.3% | +5.8% | +2.6% | +3.7% | -2.0% | +5.0% | +8.1% | +11.3% | +20.6% | -5.7% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 2450.56 | 1448.46 | 475.65 |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying BMI stock.
Badger Meter, Inc.'s current P/E is 36.1x. The average P/E over the last 4 quarters is 35.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Badger Meter, Inc.'s current operating margin is 20.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Badger Meter, Inc.'s business trajectory between earnings reports.