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 28.70 as of 2026-10-02T21:36:51.339Z.
Consensus retrieved: 2026-10-02T21:36:42.303Z. 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: 2026-10-02T21:36:51.339Z.
Quote observation: 2026-10-02T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 173ef28cbeebaffb3d2d53fbaf508da0bc70a2d292dd2229ee7d311a97cf0060
Forward PE Ratio (28.70) = Dated Quote Price ($127.77) / Consensus Forward EPS ($4.45)
FORWARD PE RATIO
28.70
SECTOR MEDIAN · INDUSTRIALS
23.27
median of 135 covered companies
CURRENT VS SECTOR MEDIAN
+23.33%
vs the sector median at left
Badger Meter, Inc.
Market Cap
$3.70B
Forward PE Ratio
28.70
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Badger Meter, Inc. (BMI) | $3.70B | 28.70 |
| Firefly Aerospace Inc. (FLY)vs › | $3.83B | N/A |
| Teekay Tankers Ltd. (TNK)vs › | $3.57B | 5.75 |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $3.91B | 21.61 |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.38B | 12.57 |
| Exponent, Inc. (EXPO)vs › | $3.26B | 29.17 |
| Atkore Inc. (ATKR)vs › | $3.20B | 14.92 |
| Primoris Services Corporation (PRIM)vs › | $4.29B | 36.89 |
| CECO Environmental Corp. (CECO)vs › | $4.30B | 32.05 |
| KBR, Inc. (KBR)vs › | $4.32B | 8.59 |
Trailing P/E
29.9
reported TTM EPS
Forward P/E
28.7
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 $127.77, 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 | 28.7x |
| 2027-12-31 | $4.92 | $4.69 – $5.40 | 7 | 26.0x |
| 2028-12-31 | $5.55 | $5.27 – $5.92 | 4 | 23.0x |
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