Itron, Inc. ITRI R2K
Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; network design services; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also products and software for the implementation, installation, and management of communicating devices and data networks; offers industrial internet of things solutions, including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; grid edge devices; distribution automation communications; smart lighting; and smart city sensors and applications. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning, statistical modeling, and other analytics. The Resiliency Solutions segment offers software and services. The company offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Profit CAGR of 1064.5% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 40.4% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ITRI Itron, Inc. R2K | 82.48 | 13.18 | $3.66B | - | 13.47% | 18.58% | 9.65% | 1,064.48% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 477.59M | 503.08M | 486.75M | 550.78M | 607.22M | 585.89M | 595.96M | 587.04M | 614.58M | 635.04M | 624.47M | 628.38M | 598.41M | 509.59M | 540.18M | 519.57M | 489.41M | 486.95M | 475.33M | 431.88M | 420.86M | 494.62M | 541.07M | 560.77M | 603.44M | 609.07M | 615.46M | 607.15M | 606.76M | 581.62M | 571.66M | 586.98M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 389.93M | 383.14M | 362.08M | 339.92M | 350.66M |
| Gross Profit | 138.42M | 118.55M | 147.29M | 152.42M | 163.20M | 169.71M | 170.75M | 156.66M | 157.64M | 178.28M | 165.75M | 175.08M | 179.85M | 176.58M | 197.10M | 176.79M | 187.26M | 191.21M | 196.40M | 177.44M | 171.57M | 138.52M | 143.25M | 167.04M | 149.88M | 134.96M | 135.22M | 126.11M | 120.06M | 156.37M | 173.95M | 187.20M | 205.38M | 210.46M | 209.60M | 217.22M | 223.62M | 219.54M | 231.74M | 236.32M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 141.48M | 145.97M | 137.57M | 153.02M | 168.53M |
| Operating Income | 13.50M | -3.97M | 26.94M | - | 23.57M | 35.47M | 6.41M | - | 30.83M | 37.63M | 38.23M | - | -140.45M | 20.56M | 41.68M | - | 20.82M | 43.56M | 39.44M | - | 26.37M | -45.39M | -23.98M | 30.94M | -6.93M | 4.16M | 6.82M | -33.53M | 6.89M | -10.39M | 35.10M | 54.89M | 62.80M | 64.65M | 73.93M | 75.74M | 77.65M | 81.97M | 78.72M | 67.79M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 99.94M | 101.24M | 106.57M | 110.06M | 91.54M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.59M | 5.65M | 3.83M | 10.96M | 5.81M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 82.28M | 83.48M | 90.70M | 85.81M | 67.19M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16.93M | 14.73M | 24.48M | -17.20M | 13.61M |
| Net Income | 5.40M | -14.35M | 12.64M | 8.99M | 10.09M | 19.92M | -9.88M | 11.65M | 15.85M | 14.10M | 25.58M | 1.78M | -145.67M | 2.66M | 19.88M | 23.88M | -1.91M | 19.45M | 16.85M | 14.62M | 8.68M | -62.80M | -25.36M | 12.60M | -33.12M | -1.87M | 906.00K | -36.97M | 4.12M | -11.84M | 24.20M | 40.17M | 51.72M | 51.32M | 77.96M | 65.47M | 68.34M | 65.61M | 101.63M | 53.46M |
| Diluted EPS | 0.14 | -0.37 | 0.33 | 0.23 | 0.26 | 0.52 | -0.26 | 0.30 | 0.40 | 0.36 | 0.65 | 0.05 | -3.74 | 0.07 | 0.50 | 0.60 | -0.05 | 0.49 | 0.42 | 0.36 | 0.21 | -1.56 | -0.63 | 0.30 | -0.73 | -0.04 | 0.02 | -0.82 | 0.09 | -0.26 | 0.53 | 0.87 | 1.12 | 1.10 | 1.70 | 1.42 | 1.47 | 1.41 | 2.21 | 1.18 |
| R&D Expense | 41.52M | 43.32M | 41.56M | - | 45.35M | 43.35M | 39.39M | - | 40.77M | 43.02M | 42.45M | - | 60.28M | 54.77M | 47.24M | - | 50.49M | 49.45M | 50.61M | - | 53.78M | 48.99M | 46.22M | 51.73M | 48.76M | 46.89M | 49.60M | 45.05M | 43.82M | 49.56M | 53.56M | 51.64M | 52.40M | 53.05M | 51.24M | 50.09M | 53.81M | 50.03M | - | 55.00M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 2.01B | 2.02B | 2.38B | 2.50B | 2.17B | - | 1.80B | 2.17B | 2.44B | 2.37B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.27B | 1.46B | 1.60B | 1.48B |
| Gross Profit | 646.86M | 537.46M | 700.67M | 746.46M | 715.15M | 614.77M | 614.05M | 556.68M | 662.53M | 676.75M | 730.32M | 752.32M | 602.17M | - | 522.19M | 713.91M | 839.32M | 892.12M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 501.27M | 540.38M | 571.93M | 578.04M |
| Operating Income | 109.82M | 45.03M | 184.20M | -459.18M | 151.13M | -139.86M | 480.00K | 52.85M | 100.99M | 154.88M | -49.69M | 132.68M | -10.39M | - | 20.92M | 173.52M | 267.39M | 314.08M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 57.74M | 191.50M | 356.19M | 414.24M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.72M | 8.35M | 15.38M | 22.45M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -15.74M | 127.39M | 284.53M | 342.27M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6.20M | 29.07M | 43.41M | 38.93M |
| Net Income | 19.81M | -2.25M | 104.77M | -510.16M | 108.28M | -153.15M | -23.67M | 12.68M | 31.77M | 57.30M | -99.25M | 49.01M | -57.95M | - | -9.73M | 96.92M | 239.10M | 301.06M |
| Diluted EPS | 0.57 | -0.06 | 2.56 | -12.56 | 2.71 | -3.90 | -0.60 | 0.33 | 0.82 | 1.45 | -2.53 | 1.23 | -1.44 | - | -0.22 | 2.11 | 5.18 | 6.50 |
| R&D Expense | 120.70M | 122.31M | 139.17M | 161.31M | 178.65M | 175.42M | 175.50M | 162.33M | 167.77M | 169.41M | 207.91M | 202.20M | 194.10M | 197.24M | 185.10M | 208.69M | 215.03M | 207.04M |
Compounded Sales Growth
| 5 Years: | 9.65% |
| 1 Year: | -3.30% |
Compounded Profit Growth
| 5 Years: | 1,064.48% |
| 1 Year: | -16.90% |
Stock Price Performance
| 1 Year: | -28.65% |
| 6 Months: | -14.95% |
| 3 Months: | -12.21% |
| 1 Month: | -0.25% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 2.85B | 2.75B | 2.06B | 2.09B | 1.88B | 1.91B | 1.90B | 1.83B | 1.75B | 1.68B | 1.74B | 1.71B | 1.68B | 1.58B | 2.11B | 2.61B | 2.71B | 2.61B | - | 2.38B | 2.60B | 3.41B | 3.72B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 829.58M | 1.05B | 1.82B | 1.82B |
| Cash & Equivalents | 91.99M | 144.39M | 121.89M | 169.48M | 133.09M | 136.41M | 124.81M | 146.33M | 114.78M | 122.47M | 112.37M | 118.08M | 128.81M | 109.46M | 131.02M | 133.56M | 176.27M | 122.33M | 149.90M | 206.93M | - | 202.01M | 302.05M | 1.05B | 1.02B |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 228.70M | 283.69M | 270.73M | 242.89M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 249.77M | 272.89M | 295.34M | 342.49M |
| Total Liabilities | - | - | 1.45B | 1.32B | 1.14B | 1.08B | 1.01B | 1.06B | 1.04B | 1.01B | 1.05B | 1.05B | 1.11B | 1.09B | 1.06B | 927.46M | 1.30B | 1.87B | 1.91B | 1.77B | - | 1.19B | 1.27B | 2.00B | 1.98B |
| Current Liabilities | - | - | 443.38M | 703.73M | 510.72M | 467.37M | 455.01M | 506.12M | 507.15M | 499.49M | 520.07M | 503.07M | 510.02M | 495.31M | 477.77M | 413.05M | 507.78M | 652.71M | 671.39M | 549.90M | - | 498.57M | 537.24M | 528.26M | 1.01B |
| Long Term Debt | - | - | 770.89M | 382.22M | 437.50M | 398.75M | 352.50M | 320.00M | 297.50M | 280.00M | 293.97M | 331.31M | 361.71M | 369.46M | 358.92M | 290.46M | 593.57M | 988.18M | 932.48M | 902.58M | - | 452.53M | 454.83M | 1.24B | 788.80M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 496.90M | 487.48M | 1.27B | 1.27B |
| Total Equity | 790.43M | 1.06B | 1.40B | 1.43B | 906.92M | 992.97M | 855.24M | 836.07M | 850.77M | 800.98M | 681.00M | 614.22M | 611.61M | 601.97M | 604.76M | 631.60M | 786.42M | 712.66M | 776.54M | 816.55M | - | 1.17B | 1.31B | 1.39B | 1.72B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 45.19M | 45.51M | 45.13M | 44.93M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 193.15M | 140.79M | 254.59M | 252.36M | 205.09M | - | - | - | - | 191.35M | 109.75M | 172.84M | 109.51M | - | 24.50M | 124.97M | 238.18M | 405.95M |
| Investing Cash Flow | -67.08M | -53.99M | -56.27M | -78.74M | -125.44M | - | - | - | - | -148.18M | -862.66M | -48.18M | -41.04M | - | 40.52M | -23.31M | -63.41M | -349.65M |
| Financing Cash Flow | -63.38M | -114.12M | -148.64M | -209.45M | -77.53M | - | - | - | - | 301.96M | 395.82M | -97.52M | -11.58M | - | -18.74M | -3.51M | 579.57M | -97.46M |
| Capital Expenditure | -63.43M | -52.91M | -62.82M | -60.08M | -50.54M | -60.02M | -44.49M | -43.92M | -43.54M | -49.49M | -59.95M | -60.75M | -46.21M | - | -19.75M | -26.88M | -30.56M | -22.89M |
| Free Cash Flow | 129.72M | 87.88M | 191.77M | 192.28M | 154.55M | - | - | - | - | 141.86M | 49.80M | 112.09M | 63.31M | - | 4.75M | 98.09M | 207.61M | 383.06M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 46.28M | 98.16M | 754.34M | -41.16M |
| Share Buybacks | - | 0 | 0 | 29.43M | 47.44M | 26.98M | 39.66M | 38.28M | 0 | 0 | 0 | 25.00M | 0 | 8.03M | 16.97M | 0 | 100.00M | 100.00M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 32.9% | 33.5% | 30.7% | 30.1% | 27.7% | - | 29.1% | 32.8% | 34.4% | 37.7% |
| Operating Margin % | - | - | - | - | - | - | - | - | 5.0% | 7.7% | -2.1% | 5.3% | -0.5% | - | 1.2% | 8.0% | 11.0% | 13.3% |
| Net Margin % | - | - | - | - | - | - | - | - | 1.6% | 2.8% | -4.2% | 2.0% | -2.7% | - | -0.5% | 4.5% | 9.8% | 12.7% |
| ROE % | 1.9% | -0.2% | 7.3% | -56.3% | 10.9% | -17.9% | -3.5% | 2.1% | 5.0% | 7.3% | -13.9% | 6.3% | -7.1% | - | -0.8% | 7.4% | 17.2% | 17.5% |
| ROCE % | - | 1.9% | 9.0% | -29.6% | 9.3% | -9.8% | 0.0% | 4.4% | 8.7% | 9.7% | -2.5% | 6.5% | -0.5% | - | 1.1% | 8.4% | 9.3% | 11.6% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 16.13% | 7.15M | $589.71M |
| 2 | Vanguard Portfolio Management LLC | 7.91% | 3.51M | $289.23M |
| 3 | Impax Asset Management Group plc | 4.95% | 2.19M | $180.89M |
| 4 | Vanguard Capital Management LLC | 4.54% | 2.01M | $166.12M |
| 5 | State Street Corporation | 4.07% | 1.81M | $148.93M |
| 6 | Invesco Ltd. | 3.61% | 1.60M | $132.01M |
| 7 | Dimensional Fund Advisors LP | 3.46% | 1.54M | $126.70M |
| 8 | Geode Capital Management, LLC | 2.68% | 1.19M | $97.83M |
| 9 | Amundi | 2.41% | 1.07M | $88.28M |
| 10 | Bank Of New York Mellon Corporation | 2.38% | 1.05M | $86.88M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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