Badger Meter Inc (BMI)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 187,295 | 142,653 | 135,821 | 131,535 | 118,676 | 150,722 | 141,502 | 129,471 | 117,919 | 108,314 | 100,763 | 93,349 | 87,165 | 87,555 | 83,126 | 79,717 | 78,603 | 72,698 | 72,781 | 66,755 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 973,577 | 702,510 | 677,592 | 641,686 | 606,232 | 591,185 | 563,138 | 535,567 | 516,482 | 492,706 | 475,592 | 458,037 | 442,422 | 422,859 | 416,183 | 409,881 | 403,070 | 391,824 | 381,847 | 369,849 |
| Return on total capital | 19.24% | 20.31% | 20.04% | 20.50% | 19.58% | 25.49% | 25.13% | 24.17% | 22.83% | 21.98% | 21.19% | 20.38% | 19.70% | 20.71% | 19.97% | 19.45% | 19.50% | 18.55% | 19.06% | 18.05% |
December 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $187,295K ÷ ($—K + $973,577K)
= 19.24%
Peer comparison
Dec 31, 2025
Company name
Symbol
Return on total capital
Badger Meter Inc
BMI
19.24%
ESCO Technologies Inc
ESE
10.89%
Keysight Technologies Inc
KEYS
19.57%
Teledyne Technologies Incorporated
TDY
11.00%