Itron ITRI Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 38.8%+4.0pp | 37.7%+3.3pp | 36.3%+2.1pp | 35.4%+1.4pp | 34.8%+1.4pp | |
| Operating margin | 13%+1.6pp | 13.2%+2.4pp | 12.3%+1.9pp | 11.8%+2.0pp | 11.4%+2.5pp | |
| Net margin | 12.3%+2.0pp | 12.7%+2.9pp | 10.7%+1.3pp | 11.1%+3.1pp | 10.3%+3.3pp | |
| Returns | ||||||
| Return on equity | 18.7%+0.9pp | 19.4%+1.7pp | 16.9%-0.5pp | 18.9%+3.6pp | 17.7%+5.1pp | |
| Return on invested capital | 14.8%0.0pp | 17.4%+3.1pp | 14.4%+0.5pp | 15.2%+3.1pp | 14.7%+4.1pp | |
| Efficiency | ||||||
| Asset turnover | 0.6×-0.2× | 0.7×-0.1× | 0.7×-0.1× | 0.7×-0.1× | 0.8×-0.1× | |
| Liquidity | ||||||
| Current ratio | 2.7×+0.7× | 1.8×-1.6× | 2.2×-1.2× | 2×-1.1× | 1.9×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 1×+0.1× | 0.7×-0.2× | 0.7×-0.2× | 0.8×-0.2× | 0.9×+0.5× | |
| Net debt / EBITDA | 2.5×+2.0× | 0.7×0.0× | -0.2×-1.1× | 0.1×-1.1× | 0.4×-0.3× | |
| Per Share | ||||||
| Book value per share | $35.35+9.7% | $37.06+23.1% | $36.29+23.4% | $34.78+30.6% | $32.24+9.5% | |
| Valuation | ||||||
| Market capitalization | $3.97B-16.8% | $4.17B-14.9% | $5.69B+16.5% | $5.95B+31.7% | $4.77B+13.0% | |
| Price / earnings | 13.7×-5.1× | 13.8×-6.6× | 22.1×+0.4× | 22×-2.0× | 18.9×-7.4× | |
| Price / sales | 1.7×-0.3× | 1.8×-0.2× | 2.4×+0.3× | 2.4×+0.5× | 2×+0.1× | |
| Price / book | 2.5×-0.7× | 2.4×-1.1× | 3.4×-0.3× | 3.7×0.0× | 3.2×+0.1× | |
| EV / EBITDA | 13.5×-1.3× | 12.2×-3.8× | 16.2×-0.8× | 17.5×+0.4× | 14.8×-2.5× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Itron's profit margins?
- Itron (ITRI) runs a 38.8% gross margin and a 13.0% operating margin, with a 12.3% net margin.
- Where do Itron's ratios come from?
- Every ratio is computed from Itron's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
