Badger Meter Inc (BMI)
Quick ratio
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 226,016 | 201,693 | 165,208 | 131,358 | 295,305 | 258,955 | 226,212 | 199,310 | 191,782 | 162,910 | 141,805 | 128,361 | 138,052 | 114,787 | 100,210 | 89,219 | 87,174 | 67,038 | 57,359 | 51,402 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 112,356 | 115,056 | 117,667 | 111,855 | 84,325 | 93,427 | 106,229 | 92,287 | 83,507 | 89,063 | 84,020 | 84,246 | 76,651 | 83,491 | 77,247 | 78,147 | 65,866 | 73,747 | 63,951 | 61,642 |
| Total current liabilities | US$ in thousands | 150,716 | 153,422 | 138,710 | 141,017 | 118,205 | 129,163 | 138,119 | 135,094 | 131,948 | 128,782 | 118,914 | 115,786 | 110,312 | 101,785 | 97,335 | 88,509 | 82,146 | 79,835 | 72,309 | 71,766 |
| Quick ratio | 2.25 | 2.06 | 2.04 | 1.72 | 3.21 | 2.73 | 2.41 | 2.16 | 2.09 | 1.96 | 1.90 | 1.84 | 1.95 | 1.95 | 1.82 | 1.89 | 1.86 | 1.76 | 1.68 | 1.58 |
December 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($226,016K
+ $—K
+ $112,356K)
÷ $150,716K
= 2.25
Peer comparison
Dec 31, 2025
Company name
Symbol
Quick ratio
Badger Meter Inc
BMI
2.25
ESCO Technologies Inc
ESE
0.88
Keysight Technologies Inc
KEYS
1.52
Teledyne Technologies Incorporated
TDY
0.92