All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

BMI: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

BMI real return snapshot: after CPI-U inflation, BMI returned −27.18% over the past year and −25.81% YTD, with dividends reinvested. Since Feb. 21, 1973, BMI is up +101,975.28% in real purchasing-power return, or +13.81%/yr, and is currently −49.25% below its real total-return high on Jun. 3, 2025.

Data ending Fri Sep. 18, 2026

Growth of $10,000

Wed 1973-02-21💬 to Fri 2026-09-18 Overall
Return 		Exponential
Trendline
BMI × 		+101,975.28%
+13.81%/yr 		+18.79%/yr
R2=0.949
Badger Meter Inc NYSE Common Stock

Growth of $10,000 Summary

Wed 1973-02-21💬 to Fri 2026-09-18 Start
Value 		End
Value
BMI × 		$10,000.00
1973-02-21 		$10,207,528.02
2026-09-18

This Year’s Performance

through 2026-09-18

  YTD YoY
BMI × 		−25.81% −27.18%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
BMI × 		−49.25%
on 2026-09-18
from 2025-06-03 peak 		−79.24%
on 1982-08-16
from 1973-03-15 peak

Rolling Returns

Period ending Fri 2026-09-18 1 yr 2 yr 3 yr 5 yr 10 yr
BMI × 		−27.18% −40.06%
−22.58%/yr 		−22.85%
−8.29%/yr 		+10.00%
+1.92%/yr 		+218.72%
+12.29%/yr

Annual Returns

Year BMI
2026 (YTD) −25.81%
2025 −19.31%
2024 +34.41%
2023 +37.96%
2022 −3.04%
2021 +6.61%
2020 +44.40%
2019 +30.48%
2018 +2.15%
2017 +28.20%
2016 +25.11%
2015 −0.72%
2014 +9.60%
2013 +14.91%
2012 +61.20%
2011 −34.19%
2010 +10.90%
2009 +35.40%
2008 −34.82%
2007 +57.60%
2006 +39.36%
2005 +28.62%
2004 +55.58%
2003 +20.51%
2002 +44.62%
2001 −0.15%
2000 −23.91%
1999 −15.87%
1998 −12.44%
1997 +112.10%
1996 +44.15%
1995 +11.78%
1994 +25.41%
1993 +9.97%
1992 +14.79%
1991 +11.68%
1990 −30.79%
1989 +75.23%
1988 +146.34%
1987 +59.14%
1986 +92.35%
1985 +143.61%
1984 +29.09%
1983 +16.22%
1982 +3.80%
1981 −34.42%
1980 −25.34%
1979 +1.04%
1978 −19.88%
1977 +21.20%
1976 +36.57%
1975 +26.24%
1974 −47.64%
1973 −43.04%