Badger Meter (BMI) Ratios
Badger Meter Ratios
MX:BMI's free cash flow for Q3 2026 was $40.28M. For the 2026 fiscal year, MX:BMI's free cash flow was decreased by $-2.99M and operating cash flow was $43.27M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 3.36 | 4.57 | 3.35 | 3.15 | 3.18 |
| Quick Ratio | 2.36 | 3.36 | 2.19 | 2.07 | 1.97 |
| Cash Ratio | 1.50 | 2.50 | 1.45 | 1.25 | 1.06 |
| Solvency Ratio | 0.68 | 0.75 | 0.60 | 0.58 | 0.69 |
| Operating Cash Flow Ratio | 1.22 | 1.31 | 0.83 | 0.75 | 1.07 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ 246.79M | $ 329.94M | $ 241.74M | $ 187.21M | $ 133.61M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-Equity Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-Capital Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 1.36 | 1.35 | 1.39 | 1.36 | 1.32 |
| Debt Service Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt to Market Cap | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Debt Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Debt to EBITDA | -1.01 | -1.55 | -1.31 | -1.22 | -0.82 |
| Profitability Margins | |||||
| Gross Profit Margin | 41.68% | 39.83% | 39.29% | 38.89% | 40.67% |
| EBIT Margin | 20.58% | 19.11% | 16.76% | 15.51% | 15.56% |
| EBITDA Margin | 24.35% | 23.00% | 20.75% | 20.05% | 21.07% |
| Operating Profit Margin | 20.01% | 19.11% | 16.78% | 15.43% | 15.58% |
| Pretax Profit Margin | 20.58% | 20.14% | 17.33% | 15.51% | 15.56% |
| Net Profit Margin | 15.45% | 15.12% | 13.16% | 11.76% | 12.05% |
| Continuous Operations Profit Margin | 15.45% | 15.12% | 13.16% | 11.76% | 12.05% |
| Net Income Per EBT | 75.07% | 75.04% | 75.92% | 75.81% | 77.44% |
| EBT Per EBIT | 102.85% | 105.42% | 103.32% | 100.48% | 99.87% |
| Return on Assets (ROA) | 14.55% | 15.30% | 12.92% | 11.03% | 11.47% |
| Return on Equity (ROE) | 19.86% | 20.61% | 17.93% | 15.03% | 15.11% |
| Return on Capital Employed (ROCE) | 22.29% | 22.62% | 20.18% | 17.72% | 17.55% |
| Return on Invested Capital (ROIC) | 16.73% | 16.97% | 15.32% | 13.43% | 13.59% |
| Return on Tangible Assets | 23.00% | 19.05% | 16.95% | 14.84% | 17.07% |
| Earnings Yield | 2.76% | 2.01% | 2.05% | 2.09% | 1.96% |
| Efficiency Ratios | |||||
| Receivables Turnover | 8.16 | 9.80 | 8.43 | 7.38 | 7.67 |
| Payables Turnover | 7.39 | 8.94 | 5.22 | 4.84 | 7.16 |
| Inventory Turnover | 3.52 | 3.47 | 2.78 | 2.88 | 3.01 |
| Fixed Asset Turnover | 11.51 | 11.13 | 9.52 | 7.69 | 6.47 |
| Asset Turnover | 0.94 | 1.01 | 0.98 | 0.94 | 0.95 |
| Working Capital Turnover Ratio | 2.36 | 2.26 | 2.57 | 2.71 | 3.02 |
| Cash Conversion Cycle | 99.11 | 101.63 | 104.73 | 100.60 | 117.92 |
| Days of Sales Outstanding | 44.74 | 37.24 | 43.32 | 49.47 | 47.59 |
| Days of Inventory Outstanding | 103.74 | 105.24 | 131.31 | 126.58 | 121.31 |
| Days of Payables Outstanding | 49.36 | 40.85 | 69.90 | 75.45 | 50.98 |
| Operating Cycle | 148.47 | 142.48 | 174.63 | 176.05 | 168.90 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 6.25 | 5.28 | 3.76 | 2.82 | 3.00 |
| Free Cash Flow Per Share | 5.77 | 4.84 | 3.35 | 2.62 | 2.77 |
| Dividend Paid and CapEx Coverage Ratio | 3.19 | 3.19 | 2.68 | 2.68 | 3.03 |
| Capital Expenditure Coverage Ratio | 13.10 | 12.10 | 9.17 | 14.00 | 12.97 |
| Operating Cash Flow Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Cash Flow to Sales Ratio | 0.20 | 0.19 | 0.16 | 0.15 | 0.17 |
| Free Cash Flow Yield | 3.31% | 2.28% | 2.17% | 2.40% | 2.60% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 36.18 | 49.84 | 48.82 | 47.91 | 51.01 |
| Price-to-Sales (P/S) Ratio | 5.59 | 7.53 | 6.43 | 5.63 | 6.15 |
| Price-to-Book (P/B) Ratio | 7.19 | 10.27 | 8.75 | 7.20 | 7.70 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 30.22 | 43.79 | 46.08 | 41.61 | 38.45 |
| Price-to-Operating Cash Flow Ratio | 27.91 | 40.17 | 41.05 | 38.64 | 35.49 |
| Price-to-Earnings Growth (PEG) Ratio | 2.75 | 1.43 | 1.26 | 5.27 | 2.22 |
| Enterprise Value Multiple | 21.96 | 31.20 | 29.64 | 26.87 | 28.35 |
| Enterprise Value | 4.90B | 5.93B | 4.33B | 3.05B | 3.02B |
| EV to EBITDA | 21.96 | 31.20 | 29.64 | 26.87 | 28.35 |
| EV to Sales | 5.35 | 7.18 | 6.15 | 5.39 | 5.97 |
| EV to Free Cash Flow | 28.89 | 41.71 | 44.12 | 39.81 | 37.37 |
| EV to Operating Cash Flow | 26.68 | 38.26 | 39.31 | 36.96 | 34.49 |
| Tangible Book Value Per Share | 12.09 | 15.18 | 11.81 | 9.84 | 7.86 |
| Shareholders’ Equity Per Share | 24.26 | 20.65 | 17.64 | 15.14 | 13.83 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.25 | 0.25 | 0.24 | 0.24 | 0.23 |
| Revenue Per Share | 31.18 | 28.16 | 24.03 | 19.36 | 17.33 |
| Net Income Per Share | 4.82 | 4.26 | 3.16 | 2.28 | 2.09 |
| Tax Burden | 0.75 | 0.75 | 0.76 | 0.76 | 0.77 |
| Interest Burden | 1.00 | 1.05 | 1.03 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.02 | 0.03 | 0.03 | 0.03 |
| SG&A to Revenue | 0.00 | 0.21 | 0.23 | 0.23 | 0.25 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Income Quality | 1.30 | 1.24 | 1.19 | 1.24 | 1.44 |
Currency in USD
