Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 29.10 as of 2026-10-02T19:45:18.256Z.
Consensus retrieved: 2026-10-02T16:48:27.170Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-02T19:45:18.256Z.
Quote observation: 2026-10-02T19:45:07.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ea211b9c34356b759233427378bf3c9105f55076904f3381021b326b607102e2
Forward PE Ratio (29.10) = Dated Quote Price ($129.54) / Consensus Forward EPS ($4.45)
FORWARD PE RATIO
29.10
SECTOR MEDIAN · INDUSTRIALS
23.58
median of 135 covered companies
CURRENT VS SECTOR MEDIAN
+23.41%
vs the sector median at left
Badger Meter, Inc.
Market Cap
$3.75B
Forward PE Ratio
29.10
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Badger Meter, Inc. (BMI) | $3.75B | 29.10 |
| Firefly Aerospace Inc. (FLY)vs › | $3.87B | N/A |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $3.91B | 21.64 |
| Teekay Tankers Ltd. (TNK)vs › | $3.58B | 5.75 |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.38B | 12.58 |
| Exponent, Inc. (EXPO)vs › | $3.28B | 29.32 |
| Primoris Services Corporation (PRIM)vs › | $4.28B | 36.78 |
| KBR, Inc. (KBR)vs › | $4.29B | 8.54 |
| Atkore Inc. (ATKR)vs › | $3.20B | 14.95 |
| CECO Environmental Corp. (CECO)vs › | $4.36B | 32.48 |
Trailing P/E
30.3
reported TTM EPS
Forward P/E
29.1
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.45 implies +4.0% EPS growth vs the reported trailing $4.28.
At the dated quote price of $129.54, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $4.45 | $4.31 – $4.80 | 7 | 29.1x |
| 2027-12-31 | $4.92 | $4.69 – $5.40 | 7 | 26.3x |
| 2028-12-31 | $5.55 | $5.27 – $5.92 | 4 | 23.4x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
