BMI vs. GOOGL
BMI (Badger Meter, Inc.) and GOOGL (Alphabet Inc. Class A) are both stocks. BMI operates in Electrical Equipment & Parts (Industrials), while GOOGL operates in Internet Content & Information (Communication Services). Over the past 10 years, BMI returned 15.34%/yr vs 26.61%/yr for GOOGL. At a 0.34 correlation, their price movements are largely independent.
Performance
BMI vs. GOOGL - 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 GOOGL's 18.16% return. Over the past 10 years, BMI has underperformed GOOGL with an annualized return of 15.34%, while GOOGL has yielded a comparatively higher 26.61% 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%
GOOGL
- 1D
- 2.69%
- 1M
- -6.86%
- YTD
- 18.16%
- 6M
- 19.99%
- 1Y
- 112.06%
- 3Y*
- 44.49%
- 5Y*
- 25.27%
- 10Y*
- 26.61%
BMI vs. GOOGL - 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% |
GOOGL Alphabet Inc. Class A | 18.16% | 65.99% | 36.01% | 58.32% | -39.09% | 65.30% | 30.85% | 28.18% | -0.80% | 32.93% |
Correlation
The correlation between BMI and GOOGL is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2004 | 0.34 |
The correlation between BMI and GOOGL shifts across timeframes, from 0.19 (3 years) to 0.34 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BMI:
$3.95B
GOOGL:
$4.52T
BMI:
$4.42
GOOGL:
$13.11
BMI:
30.38
GOOGL:
28.16
BMI:
1.27
GOOGL:
1.39
BMI:
4.42
GOOGL:
10.68
BMI:
4.07
GOOGL:
9.44
BMI:
$896.73M
GOOGL:
$422.57B
BMI:
$370.96M
GOOGL:
$255.12B
BMI:
$199.34M
GOOGL:
$174.08B
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Return for Risk
BMI vs. GOOGL — Risk / Return Rank
BMI
GOOGL
BMI vs. GOOGL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Badger Meter, Inc. (BMI) and Alphabet Inc. Class A (GOOGL). 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 | GOOGL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.84 | ||
| Sortino ratioReturn per unit of downside risk | -6.37 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.62 | -0.82 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | 5.53 | -6.35 |
| Martin ratioReturn relative to average drawdown | -1.33 | 19.59 | -20.92 |
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Drawdowns
BMI vs. GOOGL - Drawdown Comparison
The maximum BMI drawdown since its inception was -68.22%, roughly equal to the maximum GOOGL drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for BMI and GOOGL.
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Drawdown Indicators
| BMI | GOOGL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.22% | -65.29% | -2.93% |
Max Drawdown (1Y)Largest decline over 1 year | -53.79% | -20.37% | -33.42% |
Max Drawdown (3Y)Largest decline over 3 years | -55.06% | -29.81% | -25.25% |
Max Drawdown (5Y)Largest decline over 5 years | -55.06% | -44.32% | -10.74% |
Max Drawdown (10Y)Largest decline over 10 years | -55.06% | -44.32% | -10.74% |
Current DrawdownCurrent decline from peak | -46.57% | -8.21% | -38.36% |
Average DrawdownAverage peak-to-trough decline | -19.03% | -13.01% | -6.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.17% | 5.74% | +27.43% |
Volatility
BMI vs. GOOGL - Volatility Comparison
Badger Meter, Inc. (BMI) has a higher volatility of 9.60% compared to Alphabet Inc. Class A (GOOGL) at 7.91%. This indicates that BMI's price experiences larger fluctuations and is considered to be riskier than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BMI | GOOGL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.60% | 7.91% | +1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 38.63% | 20.82% | +17.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.31% | 29.42% | +14.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.91% | 31.36% | +2.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.69% | 29.15% | +4.54% |
Dividends
BMI vs. GOOGL - Dividend Comparison
BMI's dividend yield for the trailing twelve months is around 1.19%, more than GOOGL's 0.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
GOOGL Alphabet Inc. Class A | 0.23% | 0.27% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BMI vs. GOOGL - Financials Comparison
This section allows you to compare key financial metrics between Badger Meter, Inc. and Alphabet Inc. Class A. 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. GOOGL - 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%.
GOOGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported a gross profit of 68.63B and revenue of 109.90B. Therefore, the gross margin over that period was 62.5%.
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%.
GOOGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported an operating income of 39.70B and revenue of 109.90B, resulting in an operating margin of 36.1%.
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%.
GOOGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported a net income of 62.58B and revenue of 109.90B, resulting in a net margin of 56.9%.
Frequently Asked Questions
BMI and GOOGL have a correlation of 0.19, 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 GOOGL (7.91%). In terms of maximum drawdown, BMI dropped -68.22% vs GOOGL's -65.29%.
GOOGL currently has the higher Sharpe Ratio (3.84 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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