Badger MeterBMI +4.51%78 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 6,085.94. 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 1,671 Hardware companies, Badger Meter ranks better than 99.58% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Badger Meter's
Operating Income
for the
three
months ended in Mar. 2026 was $35.2 Mil. Badger Meter's Interest Expense for the
three
months ended in Mar. 2026 was $0.0 Mil.
Badger Meter has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Badger Meter Inc has no debt.
(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
The historical rank and industry rank for Badger Meter's Interest Coverage or its related term are showing as below:
BMI'
s Interest Coverage Range Over the Past 10 Years
Min: 49.15 Med: 6085.94 Max: No Debt
Current: No Debt
BMI's Interest Coverage is ranked better than 99.58% of 1671
companies
in the Hardware industry
Industry Median: 13.79
vs BMI: No Debt
Badger Meter (NYSE:BMI) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Badger Meter Interest Coverage Related Terms
Badger Meter Interest Coverage Historical Data
* Premium members only.
The historical data trend for Badger Meter's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
BMI vs ITRI, VNT, VPG: Interest Coverage Comparison
For the Scientific & Technical Instruments subindustry, Badger Meter's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Badger Meter's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Badger Meter's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Badger Meter (BMI) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Badger Meter and its competitors. This is 100% below median its historical median of 6,085.94. Over the past decade, Badger Meter's Interest Coverage has ranged from 49.15 to 10,000.00. According to the industry distribution chart, Badger Meter ranks #7 out of 1671 companies in the Hardware industry, placing it in the top 0.40000000000001%.
Is Badger Meter's Interest Coverage too high?
Badger Meter's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 6,085.94. Over the past 10 years, this metric has ranged from a low of 49.15 to a high of 10,000.00. Based on the distribution chart, Badger Meter ranks #7 out of 1671 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 Interest Coverage compare to ITRI and VNT?
According to the Hardware industry distribution chart, Badger Meter ranks #7 out of 1671 companies for Interest Coverage. This places Badger Meter in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.79. Historically, Badger Meter's own Interest Coverage has ranged from 49.15 to 10,000.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Hardware company?
The median Interest Coverage among Hardware companies is 13.79, based on 1,671 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Badger Meter and its competitors. For the Hardware industry, the median Interest Coverage is 13.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Meter's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 6,085.94. 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 Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 6,085.94. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Badger Meter (BMI), the current Interest Coverage is No Debt (1) 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:
Interest Coverage: No Debt (1) (100% below median its 10-year median of 6,085.94)
GF Value™: $216.36 vs. price of $133.58 (38.3% below fair value)
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.
78GF Score
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