BMI vs. TJX

Last updated Jun 16, 2026

BMI (Badger Meter, Inc.) and TJX (The TJX Companies, Inc.) are both stocks. BMI operates in Electrical Equipment & Parts (Industrials), while TJX operates in Apparel Retail (Consumer Cyclical). Over the past 10 years, BMI returned 15.34%/yr vs 17.67%/yr for TJX. At a 0.22 correlation, their price movements are largely independent.

Performance

BMI vs. TJX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Badger Meter, Inc. (BMI) and The TJX Companies, Inc. (TJX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BMI achieves a -22.48% return, which is significantly lower than TJX's 9.60% return. Over the past 10 years, BMI has underperformed TJX with an annualized return of 15.34%, while TJX has yielded a comparatively higher 17.67% 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%

TJX

• 1D: -0.64%
• 1M: 13.50%
• YTD: 9.60%
• 6M: 7.43%
• 1Y: 36.69%
• 3Y*: 28.92%
• 5Y*: 22.51%
• 10Y*: 17.67%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BMI vs. TJX - 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%
TJX The TJX Companies, Inc.	9.60%	28.73%	30.56%	19.69%	6.73%	12.83%	12.25%	38.76%	18.94%	3.46%

Correlation

The correlation between BMI and TJX is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jan 5, 1988	0.22

The correlation between BMI and TJX shifts across timeframes, from 0.22 (all time) to 0.38 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BMI : $3.95B TJX : $187.41B
EPS BMI : $4.42 TJX : $5.15
PE Ratio BMI : 30.38 TJX : 32.51
PEG Ratio BMI : 1.27 TJX : 2.05
PS Ratio BMI : 4.42 TJX : 3.06
PB Ratio BMI : 4.07 TJX : 5.18
Total Revenue (TTM) BMI : $896.73M TJX : $61.58B
Gross Profit (TTM) BMI : $370.96M TJX : $19.36B
EBITDA (TTM) BMI : $199.34M TJX : $8.31B

Return for Risk

BMI vs. TJX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BMI

BMI Risk / Return Rank: 8
BMI Sharpe Ratio Rank: 5
BMI Sortino Ratio Rank: 9
BMI Omega Ratio Rank: 6
BMI Calmar Ratio Rank: 11
BMI Martin Ratio Rank: 11

TJX

TJX Risk / Return Rank: 89
TJX Sharpe Ratio Rank: 89
TJX Sortino Ratio Rank: 90
TJX Omega Ratio Rank: 86
TJX Calmar Ratio Rank: 86
TJX Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BMI vs. TJX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Badger Meter, Inc. (BMI) and The TJX Companies, Inc. (TJX). 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	TJX	Difference
Sharpe ratio: Return per unit of total volatility	-1.00	2.05	-3.05
Sortino ratio: Return per unit of downside risk	-1.24	3.06	-4.30
Omega ratio: Gain probability vs. loss probability	0.80	1.36	-0.56
Calmar ratio: Return relative to maximum drawdown	-0.82	3.38	-4.21
Martin ratio: Return relative to average drawdown	-1.33	12.57	-13.90

BMI vs. TJX - Sharpe Ratio Comparison

The current BMI Sharpe Ratio is -1.00, which is lower than the TJX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of BMI and TJX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BMI vs. TJX - Drawdown Comparison

The maximum BMI drawdown since its inception was -68.22%, which is greater than TJX's maximum drawdown of -64.59%. Use the drawdown chart below to compare losses from any high point for BMI and TJX.

Drawdown Indicators

	BMI	TJX	Difference
Max Drawdown Largest peak-to-trough decline	-68.22%	-64.59%	-3.63%
Max Drawdown (1Y) Largest decline over 1 year	-53.79%	-10.89%	-42.90%
Max Drawdown (3Y) Largest decline over 3 years	-55.06%	-11.04%	-44.02%
Max Drawdown (5Y) Largest decline over 5 years	-55.06%	-27.68%	-27.38%
Max Drawdown (10Y) Largest decline over 10 years	-55.06%	-42.55%	-12.51%
Current Drawdown Current decline from peak	-46.57%	-0.64%	-45.93%
Average Drawdown Average peak-to-trough decline	-19.03%	-13.07%	-5.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.17%	2.93%	+30.24%

Volatility

BMI vs. TJX - Volatility Comparison

Badger Meter, Inc. (BMI) has a higher volatility of 9.60% compared to The TJX Companies, Inc. (TJX) at 7.69%. This indicates that BMI's price experiences larger fluctuations and is considered to be riskier than TJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BMI	TJX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.60%	7.69%	+1.91%
Volatility (6M) Calculated over the trailing 6-month period	38.63%	14.35%	+24.28%
Volatility (1Y) Calculated over the trailing 1-year period	44.31%	18.05%	+26.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.91%	22.33%	+11.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.69%	26.07%	+7.62%

Dividends

BMI vs. TJX - Dividend Comparison

BMI's dividend yield for the trailing twelve months is around 1.19%, more than TJX's 1.05% 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%
TJX The TJX Companies, Inc.	1.05%	1.07%	1.21%	1.38%	1.44%	1.37%	0.34%	1.45%	1.66%	1.57%	1.32%	1.14%

Financials

BMI vs. TJX - Profitability Comparison

The chart below illustrates the profitability comparison between Badger Meter, Inc. and The TJX Companies, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

TJX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The TJX Companies, Inc. reported a gross profit of 4.48B and revenue of 14.32B. Therefore, the gross margin over that period was 31.3%.

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%.

TJX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The TJX Companies, Inc. reported an operating income of 1.69B and revenue of 14.32B, resulting in an operating margin of 11.8%.

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%.

TJX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The TJX Companies, Inc. reported a net income of 1.33B and revenue of 14.32B, resulting in a net margin of 9.3%.

Frequently Asked Questions

Can I hold both BMI and TJX in my portfolio?

BMI and TJX have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BMI or TJX?

BMI has higher volatility (9.60%) compared to TJX (7.69%). In terms of maximum drawdown, BMI dropped -68.22% vs TJX's -64.59%.

Which has better risk-adjusted returns?

TJX currently has the higher Sharpe Ratio (2.05 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.