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Itron ITRI Price / book

Price / book at other companies

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Badger MeterBMI
6.3×-4.4×
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Honeywell InternationalHON
3.8×-5.1×
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Advanced Energy IndustriesAEIS
8.9×+5.9×
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Mueller Water ProductsMWA
4.1×-0.1×
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XylemXYL
2.7×-0.1×
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FortiveFTV
3.1×+0.8×

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
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

Calculated from Itron’s reported figures.

Based on the most recent quarter.

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 price / book?
Itron (ITRI) reported price / book of 2.4× in Q2 2026.
How has Itron's price / book changed year-over-year?
Itron's price / book decreased by 35.6% year-over-year, from 3.7× to 2.4×.
What is the long-term trend for Itron's price / book?
Over 5 years (2020 to 2025), Itron's price / book has grown at a -14.5% compound annual growth rate (CAGR), from 5.3× to 2.4×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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