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Itron ITRI Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

Xylem logo
XylemXYL
$3M-57.1%
Fortive logo
FortiveFTV
$8.8M+23.9%
Hubbell logo
HubbellHUBB
$11.1M0.0%

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$4.54B-19.9%
Enterprise value$5.4B-5.6%
P/E16.6×-4.4×
P/S-0.3×

Profitability

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Gross margin39.9%+4.5pp
Operating margin13.2%+1.4pp
Net margin11.9%+0.8pp
FCF margin16.7%+5.0pp

Returns & leverage

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

Where this comes from

Reported directly by Itron in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

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

Filed
Jul 28, 2026, 1:43 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000780571-26-000178
In thousandsJune 30, 2026December 31, 2025
Preferred stock, no par value, 10,000 shares authorized, no shares issued or outstanding
Common stock, no par value, 150,000 shares authorized, 43,774 and 44,929 shares issued and outstanding1,472,1381,661,350
Accumulated other comprehensive loss, net(74,421)(56,505)
Retained earnings218,482111,751
Total Itron, Inc. shareholders' equity1,616,1991,716,596
Noncontrolling interests21,92821,600
Total equity1,638,1271,738,196
Total liabilities and equity$3,993,544$3,720,707

Item 1: Financial Statements (Unaudited)

FAQ

What is Itron's noncontrolling interests in subsidiaries?
Itron (ITRI) reported noncontrolling interests in subsidiaries of $21.93M in Q2 2026.
How has Itron's noncontrolling interests in subsidiaries changed year-over-year?
Itron's noncontrolling interests in subsidiaries increased by 3.8% year-over-year, from $21.12M to $21.93M.
What is the long-term trend for Itron's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Itron's noncontrolling interests in subsidiaries has grown at a -1.9% compound annual growth rate (CAGR), from $23.73M to $21.6M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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