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Itron, Inc. ITRI R2K

Technology · Scientific & Technical Instruments · United States
https://na.itron.com

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.

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$82.48
-28.65% 1Y

Market & Price

Market Cap
$3.66B
Current Price
$82.48
High / Low (52W)
$138.42 / $78.02
Beta
1.35

Valuation

Stock P/E
13.18
Industry PE
32.74
Forward P/E
12.47
PEG Ratio
0.75
Book Value
$36.26
Price to Book
2.27
P/S
1.56
EV/EBITDA
12.64
Dividend Yield
-

Profitability & Returns

ROCE
13.47%
ROE
18.58%
ROA
5.10%
Profit Margin
12.31%
Op Margin
11.45%
EPS (Latest Qtr)
$1.18
EPS (TTM)
$6.26

Balance Sheet & Liquidity

Debt/Equity
0.98
Quick Ratio
1.93
Current Ratio
2.66
Debt
$1.60B
Total Assets
$3.72B
Current Assets
$1.82B
Working Capital
$810.09M

Ownership

Promoter Holding
1.76%
Chg in Prom Hold
-
FII / Inst Holding
120.97%
Chg in FII Hold
0.02%

Financial Snapshot

Enterprise Value
$4.57B
Total Revenue (TTM)
$2.35B
EBITDA
$361.30M
Free Cash Flow
$300.84M
Operating Cash Flow
$419.34M
Shares Outstanding
44.34M
Gross Margin
38.82%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
9.65%
Profit 5Y
1,064.48%
Revenue (YoY)
-3.30%
Earnings (YoY)
-16.90%

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

Robinhood TradingView StockAnalysis

Fundamental Growth

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).

#NameCMP $P/E Mkt CapDiv 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%
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Quarterly Results

Figures in USD.

Metric Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --------477.59M503.08M486.75M550.78M607.22M585.89M595.96M587.04M614.58M635.04M624.47M628.38M598.41M509.59M540.18M519.57M489.41M486.95M475.33M431.88M420.86M494.62M541.07M560.77M603.44M609.07M615.46M607.15M606.76M581.62M571.66M586.98M
Cost of Revenue -----------------------------------389.93M383.14M362.08M339.92M350.66M
Gross Profit 138.42M118.55M147.29M152.42M163.20M169.71M170.75M156.66M157.64M178.28M165.75M175.08M179.85M176.58M197.10M176.79M187.26M191.21M196.40M177.44M171.57M138.52M143.25M167.04M149.88M134.96M135.22M126.11M120.06M156.37M173.95M187.20M205.38M210.46M209.60M217.22M223.62M219.54M231.74M236.32M
Operating Expenses -----------------------------------141.48M145.97M137.57M153.02M168.53M
Operating Income 13.50M-3.97M26.94M-23.57M35.47M6.41M-30.83M37.63M38.23M--140.45M20.56M41.68M-20.82M43.56M39.44M-26.37M-45.39M-23.98M30.94M-6.93M4.16M6.82M-33.53M6.89M-10.39M35.10M54.89M62.80M64.65M73.93M75.74M77.65M81.97M78.72M67.79M
EBITDA -----------------------------------99.94M101.24M106.57M110.06M91.54M
Interest Expense -----------------------------------5.59M5.65M3.83M10.96M5.81M
Pretax Income -----------------------------------82.28M83.48M90.70M85.81M67.19M
Tax Provision -----------------------------------16.93M14.73M24.48M-17.20M13.61M
Net Income 5.40M-14.35M12.64M8.99M10.09M19.92M-9.88M11.65M15.85M14.10M25.58M1.78M-145.67M2.66M19.88M23.88M-1.91M19.45M16.85M14.62M8.68M-62.80M-25.36M12.60M-33.12M-1.87M906.00K-36.97M4.12M-11.84M24.20M40.17M51.72M51.32M77.96M65.47M68.34M65.61M101.63M53.46M
Diluted EPS 0.14-0.370.330.230.260.52-0.260.300.400.360.650.05-3.740.070.500.60-0.050.490.420.360.21-1.56-0.630.30-0.73-0.040.02-0.820.09-0.260.530.871.121.101.701.421.471.412.211.18
R&D Expense 41.52M43.32M41.56M-45.35M43.35M39.39M-40.77M43.02M42.45M-60.28M54.77M47.24M-50.49M49.45M50.61M-53.78M48.99M46.22M51.73M48.76M46.89M49.60M45.05M43.82M49.56M53.56M51.64M52.40M53.05M51.24M50.09M53.81M50.03M-55.00M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue --------2.01B2.02B2.38B2.50B2.17B-1.80B2.17B2.44B2.37B
Cost of Revenue --------------1.27B1.46B1.60B1.48B
Gross Profit 646.86M537.46M700.67M746.46M715.15M614.77M614.05M556.68M662.53M676.75M730.32M752.32M602.17M-522.19M713.91M839.32M892.12M
Operating Expenses --------------501.27M540.38M571.93M578.04M
Operating Income 109.82M45.03M184.20M-459.18M151.13M-139.86M480.00K52.85M100.99M154.88M-49.69M132.68M-10.39M-20.92M173.52M267.39M314.08M
EBITDA --------------57.74M191.50M356.19M414.24M
Interest Expense --------------6.72M8.35M15.38M22.45M
Pretax Income ---------------15.74M127.39M284.53M342.27M
Tax Provision ---------------6.20M29.07M43.41M38.93M
Net Income 19.81M-2.25M104.77M-510.16M108.28M-153.15M-23.67M12.68M31.77M57.30M-99.25M49.01M-57.95M--9.73M96.92M239.10M301.06M
Diluted EPS 0.57-0.062.56-12.562.71-3.90-0.600.330.821.45-2.531.23-1.44--0.222.115.186.50
R&D Expense 120.70M122.31M139.17M161.31M178.65M175.42M175.50M162.33M167.77M169.41M207.91M202.20M194.10M197.24M185.10M208.69M215.03M207.04M

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 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --2.85B2.75B2.06B2.09B1.88B1.91B1.90B1.83B1.75B1.68B1.74B1.71B1.68B1.58B2.11B2.61B2.71B2.61B-2.38B2.60B3.41B3.72B
Current Assets ---------------------829.58M1.05B1.82B1.82B
Cash & Equivalents 91.99M144.39M121.89M169.48M133.09M136.41M124.81M146.33M114.78M122.47M112.37M118.08M128.81M109.46M131.02M133.56M176.27M122.33M149.90M206.93M-202.01M302.05M1.05B1.02B
Inventory ---------------------228.70M283.69M270.73M242.89M
Receivables ---------------------249.77M272.89M295.34M342.49M
Total Liabilities --1.45B1.32B1.14B1.08B1.01B1.06B1.04B1.01B1.05B1.05B1.11B1.09B1.06B927.46M1.30B1.87B1.91B1.77B-1.19B1.27B2.00B1.98B
Current Liabilities --443.38M703.73M510.72M467.37M455.01M506.12M507.15M499.49M520.07M503.07M510.02M495.31M477.77M413.05M507.78M652.71M671.39M549.90M-498.57M537.24M528.26M1.01B
Long Term Debt --770.89M382.22M437.50M398.75M352.50M320.00M297.50M280.00M293.97M331.31M361.71M369.46M358.92M290.46M593.57M988.18M932.48M902.58M-452.53M454.83M1.24B788.80M
Total Debt ---------------------496.90M487.48M1.27B1.27B
Total Equity 790.43M1.06B1.40B1.43B906.92M992.97M855.24M836.07M850.77M800.98M681.00M614.22M611.61M601.97M604.76M631.60M786.42M712.66M776.54M816.55M-1.17B1.31B1.39B1.72B
Shares Outstanding ---------------------45.19M45.51M45.13M44.93M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 193.15M140.79M254.59M252.36M205.09M----191.35M109.75M172.84M109.51M-24.50M124.97M238.18M405.95M
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----301.96M395.82M-97.52M-11.58M--18.74M-3.51M579.57M-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 129.72M87.88M191.77M192.28M154.55M----141.86M49.80M112.09M63.31M-4.75M98.09M207.61M383.06M
Net Change in Cash --------------46.28M98.16M754.34M-41.16M
Share Buybacks -0029.43M47.44M26.98M39.66M38.28M00025.00M08.03M16.97M0100.00M100.00M

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 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

Insiders
1.76%
Institutions
120.97%
Public Float
123.14%

Top Institutional Holders

#Holder% HeldSharesValue
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

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