TTM
$198M
YoY change
+17.4%
5Y CAGR
+19.9%
Peak year (FY2025)
$223M
Cumulative EBITDA
$2.03B
EBITDA history chart for Badger Meter (BMI) from 2016 to 2025
Latest: $223M
EBITDA growth chart for Badger Meter (BMI) from 2016 to 2025
Latest: +17.4%
EBITDA history table for Badger Meter (BMI) from 1985 to 2025
| FY2025 | $223M | +17.4% | +$33.1M | ||
| FY2024 | $190M | +30.2% | +$44.1M | ||
| FY2023 | $146M | +28.8% | +$32.6M | ||
| FY2022 | $113M | +6.5% | +$6.94M | ||
| FY2021 | $106M | +18.0% | +$16.2M | ||
| FY2020 | $90.2M | +4.9% | +$4.22M | ||
| FY2019 | $86M | +40.2% | +$24.7M | ||
| FY2018 | $61.3M | -23.4% | -$18.7M | ||
| FY2017 | $80M | +9.3% | +$6.81M | ||
| FY2016 | $73.2M | +16.3% | +$10.2M | ||
| FY2015 | $63M | +2.0% | +$1.26M | ||
| FY2014 | $61.7M | +17.3% | +$9.11M | ||
| FY2013 | $52.6M | -6.9% | -$3.92M | ||
| FY2012 | $56.5M | +52.7% | +$19.5M | ||
| FY2011 | $37M | -30.5% | -$16.3M | ||
| FY2010 | $53.3M | +26.1% | +$11M | ||
| FY2009 | $42.2M | -11.9% | -$5.71M | ||
| FY2008 | $48M | +29.3% | +$10.9M | ||
| FY2007 | $37.1M | +3.6% | +$1.29M | ||
| FY2006 | $35.8M | +6.8% | +$2.28M | ||
| FY2005 | $33.5M | +19.5% | +$5.46M | ||
| FY2004 | $28.1M | +28.3% | +$6.19M | ||
| FY2003 | $21.9M | +3.2% | +$686K | ||
| FY2002 | $21.2M | +64.6% | +$8.31M | ||
| FY2001 | $12.9M | -24.7% | -$4.23M | ||
| FY2000 | $17.1M | -23.7% | -$5.31M | ||
| FY1999 | $22.4M | +19.8% | +$3.7M | ||
| FY1998 | $18.7M | +27.2% | +$4M | ||
| FY1997 | $14.7M | +16.7% | +$2.1M | ||
| FY1996 | $12.6M | +10.5% | +$1.2M | ||
| FY1995 | $11.4M | +9.6% | +$1M | ||
| FY1994 | $10.4M | +25.3% | +$2.1M | ||
| FY1993 | $8.3M | +33.9% | +$2.1M | ||
| FY1992 | $6.2M | -15.1% | -$1.1M | ||
| FY1991 | $7.3M | -16.1% | -$1.4M | ||
| FY1990 | $8.7M | +6.1% | +$500K | ||
| FY1989 | $8.2M | +6.5% | +$500K | ||
| FY1988 | $7.7M | +8.5% | +$600K | ||
| FY1987 | $7.1M | +34.0% | +$1.8M | ||
| FY1986 | $5.3M | +10.4% | +$500K | ||
| FY1985 | $4.8M | — | — |
- FY2025$223M+17.4%
- FY2024$190M+30.2%
- FY2023$146M+28.8%
- FY2022$113M+6.5%
- FY2021$106M+18.0%
- FY2020$90.2M+4.9%
- FY2019$86M+40.2%
- FY2018$61.3M-23.4%
- FY2017$80M+9.3%
- FY2016$73.2M+16.3%
- FY2015$63M+2.0%
- FY2014$61.7M+17.3%
- FY2013$52.6M-6.9%
- FY2012$56.5M+52.7%
- FY2011$37M-30.5%
- FY2010$53.3M+26.1%
- FY2009$42.2M-11.9%
- FY2008$48M+29.3%
- FY2007$37.1M+3.6%
- FY2006$35.8M+6.8%
- FY2005$33.5M+19.5%
- FY2004$28.1M+28.3%
- FY2003$21.9M+3.2%
- FY2002$21.2M+64.6%
- FY2001$12.9M-24.7%
- FY2000$17.1M-23.7%
- FY1999$22.4M+19.8%
- FY1998$18.7M+27.2%
- FY1997$14.7M+16.7%
- FY1996$12.6M+10.5%
- FY1995$11.4M+9.6%
- FY1994$10.4M+25.3%
- FY1993$8.3M+33.9%
- FY1992$6.2M-15.1%
- FY1991$7.3M-16.1%
- FY1990$8.7M+6.1%
- FY1989$8.2M+6.5%
- FY1988$7.7M+8.5%
- FY1987$7.1M+34.0%
- FY1986$5.3M+10.4%
- FY1985$4.8M—
EBITDA values are taken from Badger Meter's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Badger Meter (BMI)
According to Badger Meter's latest reported financial statements, the company's current EBITDA (TTM) is $198M. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Badger Meter (BMI) reported EBITDA of $223M – grew 17.4% year-over-year.
Across 2020–2025 (5 years), Badger Meter EBITDA produced a CAGR of +19.9% – sustaining 7 straight years of year-over-year growth.
Across the available history, EBITDA reached its high of $223M in 2025 and its low of $4.8M in 1985.
Badger Meter EBITDA by Year
Badger Meter EBITDA 2025: $223M
Badger Meter posted EBITDA of $223M in 2025, grew 17.4% from 2024. This figure represents the highest annual value in the available history.
Badger Meter EBITDA 2024: $190M
In 2024, Badger Meter reported EBITDA of $190M, surged 30.2% from 2023.
Badger Meter EBITDA 2023: $146M
Badger Meter EBITDA in 2023 was $146M, grew 28.8% from 2022.
Badger Meter EBITDA 2022: $113M
2022's EBITDA for Badger Meter came in at $113M, grew 6.5% from 2021.
Badger Meter EBITDA 2021: $106M
Badger Meter EBITDA in 2021 was $106M.
See more financial history for Badger Meter (BMI).
Sector peers by EBITDA
Industrials peers of Badger Meter (BMI), ranked by their latest EBITDA
| $14.9B | |
| $14.9B | |
| $12.9B | |
| $12.1B | |
| $11.7B | |
| $7.36B | |
| $5.95B | |
| $4.29B |
- $14.9B
- $14.9B
- $12.9B
- $12.1B
- $11.7B
- $7.36B
- $5.95B
- $4.29B
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- Buybacks1.82% TTM
- Dividend Profile1.20% yield
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- Stock Split History4 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.