BMI tangible book value per share history

Annual fiscal periods. Dates are reporting period ends; fiscal years can differ from calendar years.

Badger Meter Inc Tangible Book Value Per Share — Annual fiscal periods
Period ending	Tangible Book Value Per Share
Dec 31, 2025	12.0932
Dec 31, 2024	15.179
Dec 31, 2023	11.8111
Dec 31, 2022	9.8417
Dec 31, 2021	7.8569
Dec 31, 2020	7.3301
Dec 31, 2019	7.0948
Dec 31, 2018	5.9196
Dec 31, 2017	5.0022
Dec 31, 2016	5.3775
Dec 31, 2015	4.3239
Dec 31, 2014	3.4962
Dec 31, 2013	3.1941
Dec 31, 2012	2.685
Dec 31, 2011	4.55
Dec 31, 2010	4.1946
Dec 31, 2009	3.8464
Dec 31, 2008	2.7149
Dec 31, 2007	2.9742
Dec 31, 2006	2.3156
Dec 31, 2005	2.453
Dec 31, 2004	2.1144
Dec 31, 2003	1.82
Dec 31, 2002	1.6306
Dec 31, 2001	1.5685
Dec 31, 2000	1.6214
Dec 31, 1999	1.5011
Dec 31, 1998	1.6092
Dec 31, 1997	1.4358
Dec 31, 1996	1.2775
Dec 31, 1995	1.1101
Dec 31, 1994	1.0099
Dec 31, 1993	0.9018
Dec 31, 1992	0.8513
Dec 31, 1991	1.0527
Dec 31, 1990	1.0395
Dec 31, 1989	0.9745
Dec 31, 1988	0.9159
Dec 31, 1987	0.8684
Dec 31, 1986	0.8
Dec 31, 1985	0.8315