Itron

US · ITRI #2311 by market cap Listed 1970

85.58 -2.81 -3.18%

Live - 5344 symbols - heartbeat 381s ago · 2026-10-08 06:06

Pre-market 85.77 +0.22%

After-hours 85.58 0.00%

Overnight 85.58 0.00%

Market cap: 3.75B
P/E (TTM): 14.31
P/B: 2.32
EPS: 6.50
Div yield: 0.00%
52W pos: 12%

Reader sentiment Are you bullish or bearish on ITRI?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Fair

Altman Z-Score is 2.35, in the 1.8-3.0 "grey zone".
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year -3.02% YoY

Margins

Gross margin: 37.69%
Operating margin: 13.27%
Net margin: 12.72%

Key ratios & quality

Enterprise value: 3.98B
Altman Z-Score: 2.35

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	2.38B	2.50B	2.17B	1.98B	1.80B	2.17B	2.44B	2.37B
Gross profit	730.32M	752.32M	602.17M	573.17M	522.19M	713.91M	839.32M	892.12M
Selling & admin expenses	423.21M	346.87M	276.92M	300.52M	290.45M	312.78M	339.07M	352.97M
Research & development	207.91M	202.20M	194.10M	197.24M	185.10M	208.69M	215.03M	207.04M
Operating profit	27.49M	138.96M	86.44M	39.61M	20.92M	173.52M	267.39M	314.08M
Pretax profit	-109.15M	73.03M	-56.64M	-123.81M	-15.74M	127.39M	284.53M	342.27M
Tax	-12.57M	20.62M	238.00K	-45.51M	-6.20M	29.07M	43.41M	38.93M
Net profit	-96.58M	52.42M	-56.88M	-78.30M	-9.55M	98.32M	241.12M	303.34M
Basic EPS	-3	1	-1	-2	0	2	5	7
Diluted EPS	-2.53	1.23	-1.44	-1.83	-0.22	2.11	5.18	6.50

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	607.15M	606.76M	581.63M	571.66M	586.98M	562.90M
Gross profit	217.22M	223.62M	219.55M	231.74M	236.32M	230.64M
Selling & admin expenses	86.91M	87.62M	83.14M	95.30M	105.36M	89.72M
Research & development	50.09M	53.81M	50.03M	53.11M	55.00M	56.14M
Operating profit	75.74M	77.65M	81.97M	78.72M	67.79M	76.30M
Pretax profit	82.28M	83.48M	90.70M	85.81M	67.20M	80.21M
Tax	16.93M	14.73M	24.48M	-17.21M	13.61M	26.73M
Net profit	65.35M	68.75M	66.22M	103.01M	53.59M	53.47M
Basic EPS	1	2	1	2	1	1
Diluted EPS	1.42	1.47	1.41	2.21	1.18	1.19

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	896.14M	997.25M	930.26M	749.93M	829.58M	1.05B	1.82B	1.82B
Cash & ST investments	120.22M	149.90M	206.93M	162.58M	202.01M	302.05M	1.05B	1.02B
Inventory	220.67M	227.90M	182.38M	165.80M	228.70M	283.69M	270.73M	242.89M
Total assets	2.61B	2.71B	2.61B	2.39B	2.38B	2.60B	3.41B	3.72B
Total current liabilities	652.71M	671.39M	549.90M	501.34M	498.57M	537.24M	528.27M	1.01B
Short-term debt	28.44M	--	18.36M	--	--	--	--	459.52M
Long-term debt	988.19M	932.48M	902.58M	450.23M	452.53M	454.83M	1.24B	788.81M
Total liabilities	1,874,934,000.00	1,907,026,000.00	1,766,750,000.00	1,251,031,000.00	1,186,522,000.00	1,272,832,000.00	1,996,195,000.00	1,982,511,000.00
Total equity	734.05M	800.82M	840.27M	1.14B	1.19B	1.33B	1.41B	1.74B
Retained earnings	-425.40M	-376.39M	-434.35M	-515.60M	-525.33M	-428.41M	-189.30M	111.75M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	1.90B	1.99B	2.14B	1.82B	1.52B	1.55B
Cash & ST investments	1.12B	1.22B	1.33B	1.02B	712.85M	745.23M
Inventory	281.88M	283.30M	255.28M	242.89M	239.89M	258.73M
Total assets	3.50B	3.62B	3.71B	3.72B	3.98B	3.99B
Total current liabilities	983.42M	973.06M	987.37M	1.01B	573.62M	564.23M
Short-term debt	457.75M	458.33M	458.93M	459.52M	--	--
Long-term debt	786.14M	787.02M	787.91M	788.81M	1.57B	1.58B
Total liabilities	1,994,063,000.00	1,989,344,000.00	1,997,343,000.00	1,982,511,000.00	2,349,256,000.00	2,355,417,000.00
Total equity	1.51B	1.63B	1.71B	1.74B	1.63B	1.64B
Retained earnings	-123.83M	-55.49M	10.12M	111.75M	165.21M	218.48M

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	109.76M	172.84M	109.51M	154.79M	24.50M	124.97M	238.18M	405.95M
Depreciation & amortization	122.50M	114.40M	97.29M	84.15M	66.76M	55.76M	56.28M	49.52M
Free cash flow	49.80M	112.09M	63.31M	120.11M	4.75M	98.09M	207.61M	383.06M
Dividends paid	--	--	--	--	--	--	--	--
Stock buybacks / issuance	9.17M	-610.00K	8.89M	386.47M	-13.52M	3.67M	-91.68M	-92.68M
Ending cash balance	122.33M	149.90M	206.93M	162.58M	202.01M	302.05M	1.05B	1.02B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	72.12M	96.69M	117.83M	119.32M	85.50M	88.09M
Depreciation & amortization	12.07M	12.11M	12.04M	13.30M	18.54M	18.63M
Free cash flow	67.48M	90.67M	113.41M	111.51M	78.97M	81.49M
Dividends paid	--	--	--	--	--	--
Stock buybacks / issuance	2.20M	3.24M	896.00K	-99.01M	-99.32M	-50.94M
Ending cash balance	1.12B	1.22B	1.33B	1.02B	712.85M	745.23M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	-13.24	6.58	-7.28	-8.41	-0.85	7.82	17.70	19.38
ROA %	-4.21	1.84	-2.18	-3.25	-0.41	3.89	7.95	8.45
ROIC %	-3.19	4.91	-1.56	-3.77	-0.44	5.55	10.00	9.11
5-year avg ROE %	-0.23	1.71	-0.14	-2.85	-4.64	-0.43	1.80	7.13
EBIT margin %	-2.14	5.01	-0.58	-4.80	-0.50	6.24	12.29	15.41
FCF / sales %	2.10	4.48	2.91	6.06	0.26	4.51	8.51	16.18
Current ratio	1.37	1.49	1.69	1.50	1.66	1.95	3.44	1.80
Quick ratio	0.85	0.93	1.05	0.92	0.97	1.13	2.65	1.37
Debt / assets	38.97	36.98	37.89	21.20	20.89	18.72	37.20	34.08
LT debt / equity	138.66	128.96	118.72	45.48	42.53	37.19	91.17	47.09
Interest coverage	-0.88	2.39	-0.29	-3.32	-1.34	16.26	19.50	16.25
Revenue CAGR (3Y) %	8.05	7.52	2.50	-5.87	-10.48	0.00	7.20	9.65
Net income CAGR (3Y) %	--	15.54	--	--	--	--	--	--
FCF CAGR (3Y) %	19.16	15.74	-23.58	34.10	-65.13	15.71	20.01	331.95

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	17.73	18.92	16.93	19.38	18.67	16.97
ROA %	8.18	7.81	7.28	8.45	7.73	7.19
ROIC %	9.21	8.43	7.81	9.11	9.86	9.30
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	13.12	13.94	14.48	15.41	14.91	15.05
FCF / sales %	9.86	11.75	14.19	16.18	16.81	16.73
Current ratio	1.93	2.04	2.17	1.80	2.66	2.75
Quick ratio	1.49	1.61	1.72	1.37	1.93	1.94
Debt / assets	36.14	35.11	34.22	34.08	40.27	40.10
LT debt / equity	54.32	50.46	47.89	47.09	99.68	99.08
Interest coverage	16.81	15.17	15.52	16.25	15.43	15.21
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail

Networked Solutions is the largest reported line at 60.27% of revenue, across 4 reported segments.
Device Solutions follows at 19.80%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

Networked Solutions60.27%

Device Solutions19.80%

Outcomes17.13%

Resiliency Solutions2.81%

Quote time 2026-10-08 06:06:54 · For reference only, not investment advice and not tailored to your situation.