What is Itron's asset turnover?

Itron (ITRI) reported asset turnover of 0.6× in Q1 2026.

How has Itron's asset turnover changed year-over-year?

Itron's asset turnover decreased by 20.7% year-over-year, from 0.8× to 0.6×.

What is the long-term trend for Itron's asset turnover?

Over 5 years (2020 to 2025), Itron's asset turnover has grown at a -4.1% compound annual growth rate (CAGR), from 0.8× to 0.7×.

What does asset turnover mean?

Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.

Itron ITRI Asset turnover

Asset turnover at other companies

Badger MeterBMI

1×-0.1×

Honeywell InternationalHON

0.5×0.0×

Advanced Energy IndustriesAEIS

0.8×+0.1×

Mueller Water ProductsMWA

0.8×0.0×

XylemXYL

0.5×0.0×

FortiveFTV

0.3×+0.1×

Other financials

Income statement

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Revenue$587.0M-3.3%

Gross profit$236.3M+8.8%

Operating income$67.6M-11.3%

Net income$53.5M-18.4%

EPS (diluted)$1.18-16.9%

Balance sheet

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Cash & equivalents$712.9M-36.5%

Total debt$1.6B+26.5%

Total equity$1.6B+8.0%

Total assets$4.0B+13.6%

Cash flow

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Operating cash flow$85.5M+18.6%

CapEx$6.5M+40.7%

Free cash flow$79.0M+17.0%

Valuation

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Market cap$3.58B-16.8%

Enterprise value$4.47B-1.1%

P/E12.4×-4.6×

P/S1.5×-0.2×

Profitability

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Gross margin38.8%+4.0pp

Operating margin13%+1.6pp

Net margin12.3%+2.0pp

FCF margin16.8%+7.0pp

Returns & leverage

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Return on equity18.7%+0.9pp

Debt / equity1×+0.1×

Current ratio2.7×+0.7×

Where this comes from

Calculated from Itron’s reported figures.

total revenue/total assets=0.6×

Based on trailing twelve months.

The official record: Itron’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Itron's asset turnover?: Itron (ITRI) reported asset turnover of 0.6× in Q1 2026.
How has Itron's asset turnover changed year-over-year?: Itron's asset turnover decreased by 20.7% year-over-year, from 0.8× to 0.6×.
What is the long-term trend for Itron's asset turnover?: Over 5 years (2020 to 2025), Itron's asset turnover has grown at a -4.1% compound annual growth rate (CAGR), from 0.8× to 0.7×.
What does asset turnover mean?: Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.