CASS vs. BMI
CASS (Cass Information Systems, Inc.) and BMI (Badger Meter, Inc.) are both stocks. Both are in the Industrials sector — CASS in Specialty Business Services, BMI in Electrical Equipment & Parts. Over the past 10 years, CASS returned 6.23%/yr vs 15.68%/yr for BMI. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
CASS vs. BMI - Performance Comparison
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Returns By Period
In the year-to-date period, CASS achieves a 36.58% return, which is significantly higher than BMI's -22.51% return. Over the past 10 years, CASS has underperformed BMI with an annualized return of 6.23%, while BMI has yielded a comparatively higher 15.68% annualized return.
CASS
- 1D
- 0.29%
- 1M
- 6.49%
- 6M
- 26.13%
- YTD
- 36.58%
- 1Y
- 45.19%
- 3Y*
- 16.81%
- 5Y*
- 7.86%
- 10Y*
- 6.23%
- ALL TIME*
- 11.60%
BMI
- 1D
- 3.04%
- 1M
- -7.90%
- 6M
- -7.80%
- YTD
- -22.51%
- 1Y
- -25.12%
- 3Y*
- -5.44%
- 5Y*
- 6.70%
- 10Y*
- 15.68%
- ALL TIME*
- 16.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $96.39M | $73.48M | $68.10M | |
| $4.09M | $4.00M | $4.14M |
CASS vs. BMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CASS Cass Information Systems, Inc. | 36.58% | 4.47% | -6.68% | 1.13% | 20.03% | 3.60% | -30.88% | 11.39% | 10.84% | -11.69% |
BMI Badger Meter, Inc. | -22.51% | -17.15% | 38.28% | 42.58% | 3.23% | 14.11% | 46.37% | 33.46% | 4.09% | 30.91% |
Correlation
The correlation between CASS and BMI is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.41 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1996 | 0.31 |
The correlation between CASS and BMI shifts across timeframes, from 0.22 (1 year) to 0.42 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CASS:
$719.75M
BMI:
$3.89B
CASS:
$2.78
BMI:
$4.27
CASS:
20.13
BMI:
31.43
CASS:
1.25
BMI:
1.31
CASS:
3.64
BMI:
4.48
CASS:
2.99
BMI:
4.84
CASS:
$203.09M
BMI:
$880.96M
CASS:
$195.46M
BMI:
$363.92M
CASS:
$53.43M
BMI:
$188.13M
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Return for Risk
CASS vs. BMI — Risk / Return Rank
CASS
BMI
CASS vs. BMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cass Information Systems, Inc. (CASS) and Badger Meter, Inc. (BMI). 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.
| CASS | BMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.54 | ||
| Sortino ratioReturn per unit of downside risk | +3.39 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.91 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | -0.69 | +3.53 |
| Martin ratioReturn relative to average drawdown | 8.17 | -1.36 | +9.53 |
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Drawdowns
CASS vs. BMI - Drawdown Comparison
The maximum CASS drawdown since its inception was -50.89%, smaller than the maximum BMI drawdown of -68.22%. Use the drawdown chart below to compare losses from any high point for CASS and BMI.
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Drawdown Indicators
| CASS | BMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.89% | -68.22% | +17.33% |
Max Drawdown (1Y)Largest decline over 1 year | -15.49% | -40.85% | +25.36% |
Max Drawdown (3Y)Largest decline over 3 years | -20.45% | -55.06% | +34.61% |
Max Drawdown (5Y)Largest decline over 5 years | -30.38% | -55.06% | +24.68% |
Max Drawdown (10Y)Largest decline over 10 years | -50.89% | -55.06% | +4.17% |
Current DrawdownCurrent decline from peak | -0.16% | -46.59% | +46.43% |
Average DrawdownAverage peak-to-trough decline | -16.71% | -19.10% | +2.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.38% | 20.69% | -15.31% |
Volatility
CASS vs. BMI - Volatility Comparison
The current volatility for Cass Information Systems, Inc. (CASS) is 6.61%, while Badger Meter, Inc. (BMI) has a volatility of 17.92%. This indicates that CASS experiences smaller price fluctuations and is considered to be less risky than BMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CASS | BMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.61% | 17.92% | -11.31% |
Volatility (6M)Calculated over the trailing 6-month period | 15.89% | 40.24% | -24.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.97% | 45.09% | -22.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.94% | 34.82% | -7.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.41% | 34.15% | -4.74% |
Dividends
CASS vs. BMI - Dividend Comparison
CASS's dividend yield for the trailing twelve months is around 2.27%, more than BMI's 1.19% 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% |
CASS Cass Information Systems, Inc. | 2.27% | 3.01% | 2.96% | 2.60% | 2.47% | 2.77% | 2.78% | 1.82% | 1.69% | 1.49% | 1.21% | 1.65% |
Financials
CASS vs. BMI - Financials Comparison
This section allows you to compare key financial metrics between Cass Information Systems, Inc. and Badger Meter, 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
CASS vs. BMI - Profitability Comparison
CASS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Cass Information Systems, Inc. reported a gross profit of 50.47M and revenue of 50.47M. Therefore, the gross margin over that period was 100.0%.
BMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Badger Meter, Inc. reported a gross profit of 90.77M and revenue of 222.32M. Therefore, the gross margin over that period was 40.8%.
CASS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Cass Information Systems, Inc. reported an operating income of 13.17M and revenue of 50.47M, resulting in an operating margin of 26.1%.
BMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Badger Meter, Inc. reported an operating income of 39.38M and revenue of 222.32M, resulting in an operating margin of 17.7%.
CASS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Cass Information Systems, Inc. reported a net income of 10.59M and revenue of 50.47M, resulting in a net margin of 21.0%.
BMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Badger Meter, Inc. reported a net income of 29.72M and revenue of 222.32M, resulting in a net margin of 13.4%.
Frequently Asked Questions
CASS and BMI have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BMI has higher volatility (17.92%) compared to CASS (6.61%). In terms of maximum drawdown, CASS dropped -50.89% vs BMI's -68.22%.
CASS currently has the higher Sharpe Ratio (1.92 vs -0.62), 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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