BMI (Badger Meter) EBITDA Margin %: 21.86% (As of Mar. 2026) — Near Median


BMI Badger Meter Inc BMI
78 GF Score
Price $133.58
GF Value $216.36
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Badger Meter EBITDA Margin %?

Badger Meter BMI +4.51% 78 EBITDA Margin % is 21.86% as of Mar. 2026, which is 6% above its 10-year median of 20.55. GuruFocus rates BMI with a GF Score™ of 78/100 and a GF Value™ of $216.36 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,472 Hardware companies, Badger Meter ranks better than 88.79% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Badger Meter's EBITDA for the three months ended in Mar. 2026 was $44.2 Mil. Badger Meter's Revenue for the three months ended in Mar. 2026 was $202.3 Mil. Therefore, Badger Meter's EBITDA margin for the quarter that ended in Mar. 2026 was 21.86%.


Badger Meter  (NYSE:BMI) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Badger Meter EBITDA Margin % Related Terms


Badger Meter EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Badger Meter's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Badger Meter EBITDA Margin % Chart

Badger Meter Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.10 20.07 20.77 23.00 23.78

Badger Meter Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.97 22.54 23.25 23.49 21.86

BMI vs ITRI, VNT, VPG: EBITDA Margin % Comparison

For the Scientific & Technical Instruments subindustry, Badger Meter's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Badger Meter EBITDA Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Badger Meter's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Badger Meter's EBITDA Margin % falls into.


BMI
78GF Score
Badger Meter Inc BMI
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Badger Meter EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Badger Meter's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=218.005/916.663
=23.78 %

Badger Meter's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=44.226/202.277
=21.86 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 21.86% mean?
Badger Meter (BMI) has a EBITDA Margin % of 21.86% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Badger Meter and its competitors. This is near median its historical median of 20.55. Over the past decade, Badger Meter's EBITDA Margin % has ranged from 18.72 to 23.78. According to the industry distribution chart, Badger Meter ranks #277 out of 2472 companies in the Hardware industry, placing it in the top 11.2%.
Is Badger Meter's EBITDA Margin % too high?
Badger Meter's current EBITDA Margin % of 21.86% is near median its 10-year median of 20.55. Over the past 10 years, this metric has ranged from a low of 18.72 to a high of 23.78. The Hardware industry median EBITDA Margin % is 7.00. Badger Meter's value of 21.86% is 212.3% above this industry median. Based on the distribution chart, Badger Meter ranks #277 out of 2472 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Badger Meter has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Badger Meter's EBITDA Margin % compare to ITRI and VNT?
According to the Hardware industry distribution chart, Badger Meter ranks #277 out of 2472 companies for EBITDA Margin %. This places Badger Meter in the top 11% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 7.00. Badger Meter's value of 21.86% is 212.3% above this benchmark. Historically, Badger Meter's own EBITDA Margin % has ranged from 18.72 to 23.78 over the past decade. While the company's 10-year median is 20.55 vs. the industry median of 7.00, Badger Meter has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Hardware company?
The median EBITDA Margin % among Hardware companies is 7.00, based on 2,472 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Badger Meter's current EBITDA Margin % of 21.86% is 212.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Badger Meter and its competitors. For the Hardware industry, the median EBITDA Margin % is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Meter's current EBITDA Margin % is 21.86%, which is near median its own 10-year median of 20.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Meter stock overvalued right now?
Based on GuruFocus' analysis, Badger Meter (BMI) is currently considered Significantly Undervalued. The stock's GF Value™ is $216.36, compared to a current price of $133.58 — trading 38.3% below its estimated fair value. The current EBITDA Margin % is 21.86%, which is near median its 10-year median of 20.55 and 212.3% above the Hardware industry median of 7.00. Badger Meter's overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Badger Meter (BMI), the current EBITDA Margin % is 21.86% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Badger Meter (BMI) Overvalued in 2026?

Based on GuruFocus' analysis, Badger Meter stock appears to be undervalued. The current stock price of $133.58 is trading 38.3% below its estimated GF Value™ of $216.36. GuruFocus considers Badger Meter to be Significantly Undervalued.

Key valuation signals for BMI:

  • EBITDA Margin %: 21.86% (near median its 10-year median of 20.55)
  • GF Value™: $216.36 vs. price of $133.58 (38.3% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 212.3% above the Hardware median (#277 of 2472)

No single metric tells the full story. See the BMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Badger Meter Business Description

Other Exchanges 33B:Germany
Address 4545 West Brown Deer Road, Milwaukee, WI, USA, 53233
Badger Meter is a provider of water management solutions. The company's solutions encompass measurement and control hardware, connectivity and communication, data visualization and software. Badger Meter has global operations, with the vast majority of revenue derived from the US.
78GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$133.58
Price
$216.36
GF Value