Seasonality
BMI seasonality — Badger Meter, Inc.
Over the last 11 years, BMI's strongest month on average has been November (+6.2%) and its weakest March (-3.8%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | -1.97% | -0.83% | 50% | +7.3% | -16.0% | 10 |
| Feb | +4.12% | +2.97% | 60% | +18.4% | -5.1% | 10 |
| Mar | -3.84% | -0.50% | 40% | +2.0% | -14.3% | 10 |
| Apr | +0.64% | +4.25% | 60% | +16.1% | -20.6% | 10 |
| May | +2.55% | +2.77% | 70% | +12.4% | -4.8% | 10 |
| Jun | +4.66% | +2.44% | 80% | +19.8% | -3.4% | 10 |
| Jul | +3.10% | +6.80% | 60% | +18.9% | -22.9% | 10 |
| Aug | +0.52% | +0.61% | 60% | +6.0% | -3.6% | 10 |
| Sep | -1.38% | -2.40% | 40% | +6.8% | -13.4% | 10 |
| Oct | +3.39% | +1.07% | 60% | +21.7% | -10.6% | 10 |
| Nov | +6.15% | +6.37% | 89% | +13.0% | -1.1% | 9 |
| Dec | +1.09% | +2.47% | 60% | +14.1% | -11.3% | 10 |
Monthly returns heat map — BMI
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -16.0 | 4.0 | -0.1 | -20.6 | 2.5 | 19.8 | -9.5 | 0.8 | -8.8 | 20.1 | 6.6 | -9.3% | |
| 2025 | 0.8 | -1.7 | -9.6 | 16.1 | 12.4 | -1.3 | -22.9 | -3.1 | -2.4 | 1.1 | -1.1 | -2.3 | -17.8% |
| 2024 | -6.7 | 10.2 | 2.0 | 13.1 | 5.5 | -3.4 | 10.6 | 0.4 | 5.5 | -8.4 | 8.4 | -2.2 | +37.4% |
| 2023 | 6.3 | 4.9 | 0.2 | 8.6 | 4.2 | 7.0 | 11.6 | 0.9 | -13.4 | -3.7 | 6.4 | 4.8 | +41.6% |
| 2022 | -5.1 | -1.7 | 0.3 | -19.1 | -1.9 | 2.2 | 18.9 | -1.6 | -2.4 | 21.7 | 3.0 | -5.9 | +2.3% |
| 2021 | -2.5 | 18.4 | -14.3 | 0.3 | 2.3 | 2.7 | 3.0 | 6.0 | -5.6 | 1.1 | 0.1 | 4.1 | +13.3% |
| 2020 | -9.0 | 1.9 | -11.0 | 10.1 | 3.7 | 2.8 | -0.5 | -1.4 | 6.0 | 12.2 | 12.4 | 14.1 | +44.9% |
| 2019 | 7.3 | 11.5 | -5.4 | -0.3 | -4.8 | 13.1 | -10.4 | -3.6 | 4.1 | 7.6 | 7.3 | 4.7 | +31.9% |
| 2018 | 0.8 | -1.2 | -0.9 | -10.0 | 3.1 | 2.2 | 16.7 | 5.4 | -3.6 | -7.2 | 13.0 | -11.3 | +3.0% |
| 2017 | 4.3 | -5.1 | 0.4 | 8.2 | -1.4 | 1.7 | 13.6 | 1.4 | 6.8 | -10.6 | 5.9 | 3.0 | +29.4% |
| 2016 | 1.9 |