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Itron ITRI Free cash flow margin

Free cash flow margin at other companies

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17.1%-1.3pp
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10.5%-4.4pp
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3.6%-2.7pp
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12%-1.7pp
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10.5%+0.4pp
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22.1%-7.9pp

Other financials

Income statement

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Revenue$562.9M-7.2%
Gross profit$230.6M+3.1%
Operating income$76.1M-0.5%
Net income$53.3M-22.0%
EPS (diluted)$1.19-19.0%

Balance sheet

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Cash & equivalents$745.2M-39.1%
Total debt$1.6B+25.8%
Total equity$1.6B+0.2%
Total assets$4.0B+10.2%

Cash flow

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Operating cash flow$88.1M-8.9%
CapEx$6.6M+9.8%
Free cash flow$81.5M-10.1%

Valuation

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Market cap$4.5B-21.4%
Enterprise value$5.36B-7.2%
P/E16.4×-4.8×
P/S-0.4×

Profitability

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Gross margin39.9%+4.5pp
Operating margin13.2%+1.4pp
Net margin11.9%+0.8pp

Returns & leverage

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Return on equity17%-2.0pp
Debt / equity+0.2×
Current ratio2.7×+0.7×

Where this comes from

Calculated from Itron’s reported figures.

Based on trailing twelve months.

The source filing: Itron’s 10-Q, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 1:43 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000780571-26-000178

FAQ

What is Itron's free cash flow margin?
Itron (ITRI) reported free cash flow margin of 16.7% in Q2 2026.
How has Itron's free cash flow margin changed year-over-year?
Itron's free cash flow margin increased by 42.4% year-over-year, from 11.8% to 16.7%.
What is the long-term trend for Itron's free cash flow margin?
Over 4 years (2020 to 2025), Itron's free cash flow margin has grown at a 53.5% compound annual growth rate (CAGR), from 2.9% to 16.2%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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