Badger MeterBMI +4.51%78 FCF Margin % is 14.57% as of Mar. 2026, which is 3% below its 10-year median of 14.97. 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 2,469 Hardware companies, Badger Meter ranks better than 92.79% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Badger Meter's Free Cash Flow for the
three
months ended in Mar. 2026 was $29.5 Mil. Badger Meter's Revenue for the
three
months ended in Mar. 2026 was $202.3 Mil. Therefore, Badger Meter's FCF Margin % for the quarter that ended in Mar. 2026 was 14.57%.
The historical rank and industry rank for Badger Meter's FCF Margin % or its related term are showing as below:
BMI'
s FCF Margin % Range Over the Past 10 Years
Min: 8.62 Med: 14.97 Max: 18.92
Current: 18.85
During the past 13 years, the highest FCF Margin % of Badger Meter was 18.92%. The lowest was 8.62%. And the median was 14.97%.
BMI's FCF Margin % is ranked better than 92.79% of 2469
companies
in the Hardware industry
Industry Median: 0.63
vs BMI: 18.85
Badger Meter FCF Margin % Related Terms
Badger Meter FCF Margin % Historical Data
* Premium members only.
The historical data trend for Badger Meter's FCF 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.
For the Scientific & Technical Instruments subindustry, Badger Meter's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Badger Meter's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Badger Meter's FCF Margin % falls into.
* 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 (BMI) has a FCF Margin % of 14.57% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Badger Meter and its competitors. This is near median its historical median of 14.97. Over the past decade, Badger Meter's FCF Margin % has ranged from 8.62 to 18.92. According to the industry distribution chart, Badger Meter ranks #178 out of 2469 companies in the Hardware industry, placing it in the top 7.2%.
Is Badger Meter's FCF Margin % too high?
Badger Meter's current FCF Margin % of 14.57% is near median its 10-year median of 14.97. Over the past 10 years, this metric has ranged from a low of 8.62 to a high of 18.92. The Hardware industry median FCF Margin % is 0.63. Badger Meter's value of 14.57% is 2212.7% above this industry median. Based on the distribution chart, Badger Meter ranks #178 out of 2469 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 FCF Margin % compare to ITRI and VNT?
According to the Hardware industry distribution chart, Badger Meter ranks #178 out of 2469 companies for FCF Margin %. This places Badger Meter in the top 7% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 0.63. Badger Meter's value of 14.57% is 2212.7% above this benchmark. Historically, Badger Meter's own FCF Margin % has ranged from 8.62 to 18.92 over the past decade. While the company's 10-year median is 14.97 vs. the industry median of 0.63, 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 FCF Margin % for a Hardware company?
The median FCF Margin % among Hardware companies is 0.63, based on 2,469 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Badger Meter's current FCF Margin % of 14.57% is 2212.7% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Badger Meter and its competitors. For the Hardware industry, the median FCF Margin % is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Meter's current FCF Margin % is 14.57%, which is near median its own 10-year median of 14.97. 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 FCF Margin % is 14.57%, which is near median its 10-year median of 14.97 and 2212.7% above the Hardware industry median of 0.63. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Badger Meter (BMI), the current FCF Margin % is 14.57% 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:
FCF Margin %: 14.57% (near median its 10-year median of 14.97)
GF Value™: $216.36 vs. price of $133.58 (38.3% below fair value)
Industry Position: 2212.7% above the Hardware median (#178 of 2469)
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 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.
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