BMI vs. ABBV
BMI (Badger Meter, Inc.) and ABBV (AbbVie Inc.) are both stocks. BMI operates in Electrical Equipment & Parts (Industrials), while ABBV operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, BMI returned 15.34%/yr vs 18.75%/yr for ABBV. At a 0.24 correlation, their price movements are largely independent.
Performance
BMI vs. ABBV - Performance Comparison
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Returns By Period
In the year-to-date period, BMI achieves a -22.48% return, which is significantly lower than ABBV's -1.43% return. Over the past 10 years, BMI has underperformed ABBV with an annualized return of 15.34%, while ABBV has yielded a comparatively higher 18.75% annualized return.
BMI
- 1D
- 2.03%
- 1M
- 18.05%
- YTD
- -22.48%
- 6M
- -26.34%
- 1Y
- -44.05%
- 3Y*
- -2.73%
- 5Y*
- 7.71%
- 10Y*
- 15.34%
ABBV
- 1D
- -2.70%
- 1M
- 5.32%
- YTD
- -1.43%
- 6M
- -0.98%
- 1Y
- 19.75%
- 3Y*
- 21.19%
- 5Y*
- 18.27%
- 10Y*
- 18.75%
BMI vs. ABBV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BMI Badger Meter, Inc. | -22.48% | -17.15% | 38.28% | 42.58% | 3.23% | 14.11% | 46.37% | 33.46% | 4.09% | 30.91% |
ABBV AbbVie Inc. | -1.43% | 33.08% | 18.86% | -0.23% | 24.01% | 32.43% | 27.72% | 1.47% | -0.96% | 60.07% |
Correlation
The correlation between BMI and ABBV is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.24 |
Over the past year, the correlation between BMI and ABBV has dropped to 0.01 - well below their long-term average of 0.24, suggesting their price drivers have been diverging.
Fundamentals
BMI:
$3.95B
ABBV:
$393.10B
BMI:
$4.42
ABBV:
$2.05
BMI:
30.38
ABBV:
107.96
BMI:
4.42
ABBV:
6.25
BMI:
4.07
ABBV:
14.30
BMI:
$896.73M
ABBV:
$62.82B
BMI:
$370.96M
ABBV:
$46.15B
BMI:
$199.34M
ABBV:
$17.96B
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Return for Risk
BMI vs. ABBV — Risk / Return Rank
BMI
ABBV
BMI vs. ABBV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Badger Meter, Inc. (BMI) and AbbVie Inc. (ABBV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BMI | ABBV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.52 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.16 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | 1.15 | -1.97 |
| Martin ratioReturn relative to average drawdown | -1.33 | 2.55 | -3.88 |
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Drawdowns
BMI vs. ABBV - Drawdown Comparison
The maximum BMI drawdown since its inception was -68.22%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for BMI and ABBV.
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Drawdown Indicators
| BMI | ABBV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.22% | -45.09% | -23.13% |
Max Drawdown (1Y)Largest decline over 1 year | -53.79% | -17.32% | -36.47% |
Max Drawdown (3Y)Largest decline over 3 years | -55.06% | -20.74% | -34.32% |
Max Drawdown (5Y)Largest decline over 5 years | -55.06% | -21.92% | -33.14% |
Max Drawdown (10Y)Largest decline over 10 years | -55.06% | -45.09% | -9.97% |
Current DrawdownCurrent decline from peak | -46.57% | -7.17% | -39.40% |
Average DrawdownAverage peak-to-trough decline | -19.03% | -10.71% | -8.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.17% | 7.75% | +25.42% |
Volatility
BMI vs. ABBV - Volatility Comparison
Badger Meter, Inc. (BMI) has a higher volatility of 9.60% compared to AbbVie Inc. (ABBV) at 6.82%. This indicates that BMI's price experiences larger fluctuations and is considered to be riskier than ABBV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BMI | ABBV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.60% | 6.82% | +2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 38.63% | 18.06% | +20.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.31% | 24.50% | +19.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.91% | 22.93% | +10.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.69% | 25.75% | +7.94% |
Dividends
BMI vs. ABBV - Dividend Comparison
BMI's dividend yield for the trailing twelve months is around 1.19%, less than ABBV's 3.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 3.04% | 2.87% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% |
BMI Badger Meter, Inc. | 1.19% | 0.85% | 0.58% | 0.64% | 0.78% | 0.71% | 0.74% | 0.99% | 1.14% | 1.03% | 1.16% | 1.33% |
Financials
BMI vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between Badger Meter, Inc. and AbbVie Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BMI vs. ABBV - Profitability Comparison
BMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Badger Meter, Inc. reported a gross profit of 84.33M and revenue of 202.28M. Therefore, the gross margin over that period was 41.7%.
ABBV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AbbVie Inc. reported a gross profit of 12.53B and revenue of 15.00B. Therefore, the gross margin over that period was 83.5%.
BMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Badger Meter, Inc. reported an operating income of 35.17M and revenue of 202.28M, resulting in an operating margin of 17.4%.
ABBV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AbbVie Inc. reported an operating income of 4.73B and revenue of 15.00B, resulting in an operating margin of 31.6%.
BMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Badger Meter, Inc. reported a net income of 27.34M and revenue of 202.28M, resulting in a net margin of 13.5%.
ABBV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AbbVie Inc. reported a net income of 699.00M and revenue of 15.00B, resulting in a net margin of 4.7%.
Frequently Asked Questions
BMI and ABBV have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BMI has higher volatility (9.60%) compared to ABBV (6.82%). In terms of maximum drawdown, BMI dropped -68.22% vs ABBV's -45.09%.
ABBV currently has the higher Sharpe Ratio (0.81 vs -1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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