Company / Gross Margin
Badger Meter, Inc. Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
41.7%
FY2025
5-year range
38.5% / 41.7%
FY2021-FY2025
Trend
+4.6%
vs FY2024
Sector context
#155 of 225
Information Technology
What the data says
At 41.7%, Badger Meter, Inc.'s gross margin ranks #155 of 225 in the Information Technology sector. Gross Margin has fluctuated over the past 10 years, ranging from 35.9% in FY2017 to 41.7% in FY2025.
Based on SEC 10-K filings.
41.7% in FY2025 with a 5-year CAGR of +2.1%.
Improved from 39.3% to 41.7% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +2.1pp
- 5-Year Change
- +2.1pp
- 10-Year Change
- -
Sector benchmark
#155 of 225 in Information TechnologyTop 69% of 225This company 41.7% Sector average 53.6%
▼
-22.3% below sector average
Key checks
Key Insights
- In FY2025, gross margin increased 4.6% year-over-year.
- Currently 11.9pp below the Information Technology sector average.
- Lowest gross margin in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 3.50 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 41.7% | +4.6% |
| FY2024 | 39.8% | +1.4% |
| FY2023 | 39.3% | -0.6% |
| FY2022 | 39.5% | +2.7% |
| FY2021 | 38.5% | -2.6% |
| FY2020 | 39.5% | +2.2% |
| FY2019 | 38.7% | +1.2% |
| FY2018 | 38.2% | +6.4% |
| FY2017 | 35.9% | +0.0% |
| FY2016 | 35.9% | +2.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026