What is Itron's current ratio?

Itron (ITRI) reported current ratio of 2.7× in Q1 2026.

How has Itron's current ratio changed year-over-year?

Itron's current ratio increased by 37.4% year-over-year, from 1.9× to 2.7×.

What is the long-term trend for Itron's current ratio?

Over 5 years (2020 to 2025), Itron's current ratio has grown at a 1.3% compound annual growth rate (CAGR), from 1.7× to 1.8×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

Itron ITRI Current ratio

Current ratio at other companies

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3×+0.1×

Honeywell InternationalHON

1.4×+0.1×

Advanced Energy IndustriesAEIS

1.6×-2.8×

Mueller Water ProductsMWA

4.6×+0.8×

XylemXYL

1.5×-0.4×

FortiveFTV

0.7×-0.3×

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×

Where this comes from

Calculated from Itron’s reported figures.

total current assets/total current liabilities=2.7×

Based on the most recent quarter.

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 current ratio?: Itron (ITRI) reported current ratio of 2.7× in Q1 2026.
How has Itron's current ratio changed year-over-year?: Itron's current ratio increased by 37.4% year-over-year, from 1.9× to 2.7×.
What is the long-term trend for Itron's current ratio?: Over 5 years (2020 to 2025), Itron's current ratio has grown at a 1.3% compound annual growth rate (CAGR), from 1.7× to 1.8×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.