Badger Meter Inc (BMI) — Cash Flow Quality Index
Latest as of June 2026:
0.90x
Badger Meter Inc (BMI) has a Cash Flow Quality Index of 0.90x as of June 2026. Operating cash flow of $26.61 Million is below net income of $29.72 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Badger Meter Inc to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.90x
Operating CF / Net Income
Operating Cash Flow
$26.61 Million
USD
Net Income
$29.72 Million
USD
Data as of
Jun 2026
Most recent filing
Badger Meter Inc Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Badger Meter Inc across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see BMI cash flow metrics.
Annual Cash Flow Quality Index for Badger Meter Inc (1989–2025)
Year-by-year earnings quality comparison for Badger Meter Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.30x | $183.70 Million | $141.63 Million | ▲ +4.5% |
| 2024 | 1.24x | $155.03 Million | $124.94 Million | ▲ +4.3% |
| 2023 | 1.19x | $110.12 Million | $92.60 Million | ▼ -4.1% |
| 2022 | 1.24x | $82.45 Million | $66.50 Million | ▼ -13.7% |
| 2021 | 1.44x | $87.51 Million | $60.88 Million | ▼ -20.8% |
| 2020 | 1.82x | $89.58 Million | $49.34 Million | ▲ +6.1% |
| 2019 | 1.71x | $80.71 Million | $47.18 Million | ▼ -21.2% |
| 2018 | 2.17x | $60.35 Million | $27.79 Million | ▲ +50.9% |
| 2017 | 1.44x | $49.75 Million | $34.57 Million | ▼ -17.3% |
| 2016 | 1.74x | $56.19 Million | $32.30 Million | ▲ +25.9% |
| 2015 | 1.38x | $35.83 Million | $25.94 Million | ▲ +14.7% |
| 2014 | 1.20x | $35.73 Million | $29.68 Million | ▼ -14.9% |
| 2013 | 1.41x | $34.82 Million | $24.62 Million | ▲ +13.9% |
| 2012 | 1.24x | $34.80 Million | $28.03 Million | ▼ -24.0% |
| 2011 | 1.63x | $31.32 Million | $19.16 Million | ▲ +154.7% |
| 2010 | 0.64x | $18.40 Million | $28.66 Million | ▼ -40.1% |
| 2009 | 1.07x | $36.59 Million | $34.17 Million | ▼ -0.7% |
| 2008 | 1.08x | $27.05 Million | $25.08 Million | ▼ -37.2% |
| 2007 | 1.72x | $28.27 Million | $16.46 Million | ▼ -22.6% |
| 2006 | 2.22x | $16.75 Million | $7.55 Million | ▲ +60.2% |
| 2005 | 1.39x | $18.36 Million | $13.25 Million | ▲ +142.7% |
| 2004 | 0.57x | $5.50 Million | $9.63 Million | ▼ -69.3% |
| 2003 | 1.86x | $14.08 Million | $7.58 Million | ▲ +10.5% |
| 2002 | 1.68x | $12.23 Million | $7.27 Million | ▼ -34.1% |
| 2001 | 2.55x | $8.59 Million | $3.36 Million | ▲ +33.7% |
| 2000 | 1.91x | $13.25 Million | $6.94 Million | ▲ +20.2% |
| 1999 | 1.59x | $15.40 Million | $9.70 Million | ▼ -11.4% |
| 1998 | 1.79x | $14.70 Million | $8.20 Million | ▲ +124.1% |
| 1997 | 0.80x | $5.20 Million | $6.50 Million | ▼ -58.8% |
| 1996 | 1.94x | $9.90 Million | $5.10 Million | ▼ -40.1% |
| 1995 | 3.24x | $12.00 Million | $3.70 Million | ▲ +64.7% |
| 1994 | 1.97x | $6.30 Million | $3.20 Million | ▲ +44.4% |
| 1993 | 1.36x | $3.00 Million | $2.20 Million | ▼ -71.3% |
| 1992 | 4.75x | $3.80 Million | $800.00K | ▲ +40.7% |
| 1991 | 3.38x | $5.40 Million | $1.60 Million | ▲ +52.2% |
| 1990 | 2.22x | $5.10 Million | $2.30 Million | ▲ +61.3% |
| 1989 | 1.38x | $3.30 Million | $2.40 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.