Basis: Current FMP quote-based enterprise value / four-quarter operating income. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBIT ratio high or low?
The EV/EBIT ratio of 22.35x is 37% below its estimated 5-year average of 35.47x, near the low end of its estimated 5-year range (17.03x–50.50x).
As of 2026-10-02T19:40:15.080Z. 8.27% below its estimated 12-month average of 24.37x.
Calculation as of: 2026-10-02T19:40:15.080Z.
Quote observation: 2026-10-02T19:39:41.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ea211b9c34356b759233427378bf3c9105f55076904f3381021b326b607102e2
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-01.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/EBIT RATIO
22.35x
EV/EBIT RATIO AVG TTM
24.37x
EV/EBIT RATIO AVG 3Y
33.97x
EV/EBIT RATIO AVG 5Y
35.47x
EV/EBIT RATIO AVG 10Y
32.29x
EV/EBIT RATIO AVG 15Y
28.00x
EV/EBIT RATIO AVG 20Y
24.83x
CURRENT VS TTM AVG
-8.27%
CURRENT VS 3Y AVG
-34.21%
CURRENT VS 5Y AVG
-36.99%
CURRENT VS 10Y AVG
-30.78%
CURRENT VS 15Y AVG
-20.19%
CURRENT VS 20Y AVG
-9.98%
SECTOR MEDIAN · INDUSTRIALS
22.71x
median of 137 covered companies
CURRENT VS SECTOR MEDIAN
-1.59%
vs the sector median at left
Badger Meter, Inc.
Market Cap
$3.75B
EV/EBIT Ratio
22.35x
TTM Avg
24.37x
3Y Avg
33.97x
5Y Avg
35.47x
Market Cap
$3.91B
EV/EBIT Ratio
15.61x
TTM Avg
26.92x
3Y Avg
31.93x
5Y Avg
29.68x
Market Cap
$3.38B
EV/EBIT Ratio
16.95x
TTM Avg
20.22x
3Y Avg
33.40x
5Y Avg
44.45x
Market Cap
$4.28B
EV/EBIT Ratio
23.75x
TTM Avg
19.91x
3Y Avg
16.47x
5Y Avg
14.76x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Badger Meter, Inc. (BMI) | $3.75B | 22.35x | 24.37x | 33.97x | 35.47x |
| Firefly Aerospace Inc. (FLY)vs › | $3.87B | N/A | N/A | N/A | N/A |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $3.91B | 15.61x | 26.92x | 31.93x | 29.68x |
| Teekay Tankers Ltd. (TNK)vs › | $3.58B | 6.42x | 5.79x | 4.10x | 6.30x |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.38B | 16.95x | 20.22x | 33.40x | 44.45x |
| Exponent, Inc. (EXPO)vs › | $3.28B | 25.83x | 27.85x | 34.19x | 37.00x |
| Primoris Services Corporation (PRIM)vs › | $4.28B | 23.75x | 19.91x | 16.47x | 14.76x |
| KBR, Inc. (KBR)vs › | $4.29B | 9.83x | 10.44x | 14.75x | 25.42x |
| Atkore Inc. (ATKR)vs › | $3.20B | 27.71x | 17.18x | 10.25x | 8.24x |
| CECO Environmental Corp. (CECO)vs › | $4.36B | 486.37x | 80.53x | 43.49x | 35.96x |
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-10-01 | 22.27x |
| 2026-09-30 | 21.41x |
| 2026-09-29 | 21.85x |
| 2026-09-28 | 21.94x |
| 2026-09-25 | 22.47x |
| 2026-09-24 | 22.67x |
| 2026-09-23 | 23.09x |
| 2026-09-22 | 22.96x |
| 2026-09-21 | 22.83x |
| 2026-09-18 | 23.05x |
| 2026-09-17 | 22.14x |
| 2026-09-16 | 22.12x |
| 2026-09-15 | 21.87x |
| 2026-09-14 | 22.07x |
| 2026-09-11 | 21.69x |
| 2026-09-10 | 21.67x |
| 2026-09-09 | 22.17x |
| 2026-09-08 | 22.32x |
| 2026-09-04 | 23.00x |
| 2026-09-03 | 23.63x |
| 2026-09-02 | 23.02x |
| 2026-09-01 | 22.96x |
| 2026-08-31 | 23.53x |
| 2026-08-28 | 23.56x |
| 2026-08-27 | 24.01x |
| 2026-08-26 | 23.83x |
| 2026-08-25 | 23.69x |
| 2026-08-24 | 23.59x |
| 2026-08-21 | 22.88x |
| 2026-08-20 | 22.23x |
| 2026-08-19 | 22.73x |
| 2026-08-18 | 21.83x |
| 2026-08-17 | 22.33x |
| 2026-08-14 | 22.71x |
| 2026-08-13 | 22.64x |
| 2026-08-12 | 23.41x |
| 2026-08-11 | 23.57x |
| 2026-08-10 | 23.71x |
| 2026-08-07 | 24.14x |
| 2026-08-06 | 23.84x |
| 2026-08-05 | 24.24x |
| 2026-08-04 | 24.39x |
| 2026-08-03 | 23.80x |
| 2026-07-31 | 23.33x |
| 2026-07-30 | 22.63x |
| 2026-07-29 | 23.19x |
| 2026-07-28 | 23.38x |
| 2026-07-27 | 22.20x |
| 2026-07-24 | 21.91x |
| 2026-07-23 | 20.17x |
| 2026-07-22 | 20.77x |
| 2026-07-21 | 24.11x |
| 2026-07-20 | 24.53x |
| 2026-07-17 | 24.73x |
| 2026-07-16 | 25.02x |
| 2026-07-15 | 23.81x |
| 2026-07-14 | 23.34x |
| 2026-07-13 | 23.11x |
| 2026-07-10 | 23.81x |
| 2026-07-09 | 23.95x |
| 2026-07-08 | 23.86x |
| 2026-07-07 | 24.32x |
| 2026-07-06 | 24.79x |
| 2026-07-02 | 24.11x |
| 2026-07-01 | 24.17x |
| 2026-06-30 | 24.54x |
| 2026-06-29 | 22.86x |
| 2026-06-26 | 23.24x |
| 2026-06-25 | 23.24x |
| 2026-06-24 | 21.97x |
| 2026-06-23 | 20.97x |
| 2026-06-22 | 22.19x |
| 2026-06-18 | 22.31x |
| 2026-06-17 | 22.16x |
| 2026-06-16 | 22.29x |
| 2026-06-15 | 22.12x |
| 2026-06-12 | 21.65x |
| 2026-06-11 | 21.44x |
| 2026-06-10 | 21.08x |
| 2026-06-09 | 21.44x |
| 2026-06-08 | 21.41x |
| 2026-06-05 | 20.75x |
| 2026-06-04 | 21.00x |
| 2026-06-03 | 21.32x |
| 2026-06-02 | 20.59x |
| 2026-06-01 | 20.06x |
| 2026-05-29 | 20.29x |
| 2026-05-28 | 20.44x |
| 2026-05-27 | 20.58x |
| 2026-05-26 | 20.87x |
| 2026-05-22 | 20.63x |
| 2026-05-21 | 19.66x |
| 2026-05-20 | 19.28x |
| 2026-05-19 | 19.47x |
| 2026-05-18 | 19.44x |
| 2026-05-15 | 18.61x |
| 2026-05-14 | 19.19x |
| 2026-05-13 | 18.93x |
| 2026-05-12 | 18.75x |
| 2026-05-11 | 19.04x |
| 2026-05-08 | 19.36x |
| 2026-05-07 | 20.06x |
| 2026-05-06 | 20.27x |
| 2026-05-05 | 19.81x |
| 2026-05-04 | 19.62x |
| 2026-05-01 | 19.96x |
| 2026-04-30 | 19.77x |
| 2026-04-29 | 19.24x |
| 2026-04-28 | 19.34x |
| 2026-04-27 | 20.13x |
| 2026-04-24 | 19.93x |
| 2026-04-23 | 20.14x |
| 2026-04-22 | 20.23x |
| 2026-04-21 | 19.77x |
| 2026-04-20 | 17.03x |
| 2026-04-17 | 17.38x |
| 2026-04-16 | 23.30x |
| 2026-04-15 | 24.06x |
| 2026-04-14 | 24.76x |
| 2026-04-13 | 24.70x |
| 2026-04-10 | 23.77x |
| 2026-04-09 | 23.80x |
| 2026-04-08 | 23.62x |
| 2026-04-07 | 23.24x |
| 2026-04-06 | 23.80x |
| 2026-04-02 | 24.01x |
| 2026-04-01 | 23.61x |
| 2026-03-31 | 23.31x |
| 2026-03-30 | 22.62x |
| 2026-03-27 | 22.25x |
| 2026-03-26 | 23.12x |
| 2026-03-25 | 23.47x |
| 2026-03-24 | 23.03x |
| 2026-03-23 | 23.54x |
| 2026-03-20 | 22.60x |
| 2026-03-19 | 22.67x |
| 2026-03-18 | 22.59x |
| 2026-03-17 | 22.93x |
| 2026-03-16 | 23.23x |
| 2026-03-13 | 22.38x |
| 2026-03-12 | 22.01x |
| 2026-03-11 | 22.42x |
| 2026-03-10 | 22.48x |
| 2026-03-09 | 22.85x |
| 2026-03-06 | 22.74x |
| 2026-03-05 | 22.28x |
| 2026-03-04 | 22.78x |
| 2026-03-03 | 22.73x |
| 2026-03-02 | 23.28x |
| 2026-02-27 | 23.32x |
| 2026-02-26 | 23.92x |
| 2026-02-25 | 23.86x |
| 2026-02-24 | 24.27x |
| 2026-02-23 | 23.93x |
| 2026-02-20 | 24.44x |
| 2026-02-19 | 24.84x |
| 2026-02-18 | 24.25x |
| 2026-02-17 | 25.10x |
| 2026-02-13 | 24.39x |
| 2026-02-12 | 24.97x |
| 2026-02-11 | 24.73x |
| 2026-02-10 | 24.09x |
| 2026-02-09 | 23.68x |
| 2026-02-06 | 23.79x |
| 2026-02-05 | 22.91x |
| 2026-02-04 | 22.98x |
| 2026-02-03 | 23.16x |
| 2026-02-02 | 23.89x |
| 2026-01-30 | 23.02x |
| 2026-01-29 | 22.67x |
| 2026-01-28 | 22.98x |
| 2026-01-27 | 25.96x |
| 2026-01-26 | 27.47x |
| 2026-01-23 | 26.80x |
| 2026-01-22 | 27.23x |
| 2026-01-21 | 26.90x |
| 2026-01-20 | 26.18x |
| 2026-01-16 | 27.16x |
| 2026-01-15 | 26.97x |
| 2026-01-14 | 27.04x |
| 2026-01-13 | 27.18x |
| 2026-01-12 | 27.15x |
| 2026-01-09 | 27.64x |
| 2026-01-08 | 27.56x |
| 2026-01-07 | 26.33x |
| 2026-01-06 | 28.83x |
| 2026-01-05 | 28.04x |
| 2026-01-02 | 27.93x |
| 2025-12-31 | 27.61x |
| 2025-12-30 | 28.24x |
| 2025-12-29 | 28.48x |
| 2025-12-26 | 28.65x |
| 2025-12-24 | 28.95x |
| 2025-12-23 | 28.73x |
| 2025-12-22 | 29.04x |
| 2025-12-19 | 28.80x |
| 2025-12-18 | 28.97x |
| 2025-12-17 | 28.67x |
| 2025-12-16 | 29.19x |
| 2025-12-15 | 29.11x |
| 2025-12-12 | 29.32x |
| 2025-12-11 | 28.92x |
| 2025-12-10 | 28.11x |
| 2025-12-09 | 27.87x |
| 2025-12-08 | 28.10x |
| 2025-12-05 | 28.55x |
| 2025-12-04 | 28.17x |
| 2025-12-03 | 28.25x |
| 2025-12-02 | 27.64x |
| 2025-12-01 | 27.42x |
| 2025-11-28 | 28.29x |
| 2025-11-26 | 28.02x |
| 2025-11-25 | 28.96x |
| 2025-11-24 | 28.17x |
| 2025-11-21 | 28.11x |
| 2025-11-20 | 26.58x |
| 2025-11-19 | 26.72x |
| 2025-11-18 | 27.22x |
| 2025-11-17 | 27.64x |
| 2025-11-14 | 27.85x |
| 2025-11-13 | 28.16x |
| 2025-11-12 | 29.49x |
| 2025-11-11 | 29.43x |
| 2025-11-10 | 29.76x |
| 2025-11-07 | 29.82x |
| 2025-11-06 | 29.64x |
| 2025-11-05 | 29.55x |
| 2025-11-04 | 29.03x |
| 2025-11-03 | 28.84x |
| 2025-10-31 | 28.60x |
| 2025-10-30 | 28.71x |
| 2025-10-29 | 29.02x |
| 2025-10-28 | 29.43x |
| 2025-10-27 | 29.05x |
| 2025-10-24 | 29.73x |
| 2025-10-23 | 29.62x |
| 2025-10-22 | 30.06x |
| 2025-10-21 | 29.17x |
| 2025-10-20 | 30.88x |
| 2025-10-17 | 29.61x |
| 2025-10-16 | 29.26x |
| 2025-10-15 | 29.66x |
| 2025-10-14 | 29.45x |
| 2025-10-13 | 29.15x |
| 2025-10-10 | 28.42x |
| 2025-10-09 | 28.54x |
| 2025-10-08 | 29.49x |
| 2025-10-07 | 29.43x |
| 2025-10-06 | 29.78x |
| 2025-10-03 | 29.79x |
| 2025-10-02 | 29.58x |
| 2025-10-01 | 29.06x |
| 2025-09-30 | 29.38x |
| 2025-09-29 | 29.12x |
| 2025-09-26 | 29.01x |
| 2025-09-25 | 28.77x |
| 2025-09-24 | 28.32x |
| 2025-09-23 | 28.85x |
| 2025-09-22 | 29.15x |
| 2025-09-19 | 29.13x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
