Which has grown faster, BMI or CECO?

Over the past five years, CECO grew revenue faster — BMI at a 13.55% CAGR versus CECO at 24.02%.

Does BMI or CECO pay a bigger dividend?

BMI pays a dividend (1.26% yield), while CECO is a former payer with no current dividend run rate.

Is BMI or CECO more profitable?

BMI runs the higher net margin — BMI at 14.27% versus CECO at -2.98%.

How have BMI and CECO total returns compared?

Over the past 10 years, BMI delivered 15.45% and CECO delivered 27.00% annualized total return. Past performance doesn't predict future results.

Badger Meter, Inc. (BMI) vs CECO Environmental Corp. (CECO)

A side-by-side comparison of Badger Meter, Inc. and CECO Environmental Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

BMI

Badger Meter, Inc.

$3.70B

$127.77IndustrialsDelayed quote: Oct 2, 2026, 4:00 PM EDT

CECO

CECO Environmental Corp.

$4.30B

$73.66IndustrialsDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — BMI vs CECO

growth of $100 · dividends reinvested · last 10y

BMI +329.5% (+15.7%/yr)CECO +964.8% (+26.7%/yr)CECO compounded faster over this window

BMI CECO

BMI vs CECO: by the numbers

•CECO is the larger company ($4.30B vs $3.70B market cap).
•BMI is profitable (14.27% net margin) while CECO runs a net loss (-2.98%).
•CECO grew revenue faster over the past five years (24.02% vs 13.55% CAGR).
•BMI pays a dividend (1.26% yield), while CECO is a former payer with no current dividend run rate.

Metrics side by side

Valuation

Metric	BMI	CECO
P/E ratio	29.85	N/A
Forward P/E	28.70	32.05
PEG ratio	1.29	N/A
P/S ratio	4.20	4.72
P/B ratio	5.42	2.07
EV / EBITDA	18.61	119.80
FCF yield	4.06%	N/A

Profitability

Metric	BMI	CECO
Gross margin	41.31%	32.66%
Operating margin	18.58%	1.14%
Net margin	14.27%	-2.98%
ROE	18.40%	-1.31%
ROIC	14.81%	0.34%

Dividends

Metric	BMI	CECO
Dividend yield	1.26%	N/A
Payout ratio	38.32%	N/A

Growth (annualized)

Metric	BMI	CECO
Revenue CAGR (5Y)	13.55%	24.02%
EPS CAGR (5Y)	23.18%	43.92%
FCF CAGR (5Y)	15.68%	N/A
Total return CAGR (5Y)	5.52%	58.18%

Frequently asked

Which has grown faster, BMI or CECO?: Over the past five years, CECO grew revenue faster — BMI at a 13.55% CAGR versus CECO at 24.02%.
Does BMI or CECO pay a bigger dividend?: BMI pays a dividend (1.26% yield), while CECO is a former payer with no current dividend run rate.
Is BMI or CECO more profitable?: BMI runs the higher net margin — BMI at 14.27% versus CECO at -2.98%.
How have BMI and CECO total returns compared?: Over the past 10 years, BMI delivered 15.45% and CECO delivered 27.00% annualized total return. Past performance doesn't predict future results.

Go deeper

Full BMI analysis Full CECO analysis Interactive comparison tool

Dig into the metrics

Badger Meter P/E ratio Badger Meter dividend yield Badger Meter ROE CECO Environmental ROE Badger Meter operating margin CECO Environmental operating margin Badger Meter revenue growth CECO Environmental revenue growth Badger Meter free cash flow CECO Environmental free cash flow

Badger Meter & CECO Environmental appear in these rankings

25+ Year Dividend Growers Fastest Revenue Growth Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.