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.

Itron ITRI Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	38.8%+1.1pp	37.7%+1.4pp	36.3%+0.9pp	35.4%+0.6pp	34.8%+0.4pp
Operating margin	13%-0.3pp	13.2%+0.9pp	12.3%+0.5pp	11.8%+0.5pp	11.4%+0.5pp
Net margin	12.3%-0.4pp	12.7%+2.0pp	10.7%-0.4pp	11.1%+0.7pp	10.3%+0.5pp
EBITDA margin	15.4%0.0pp	15.3%+0.8pp	14.5%+0.4pp	14.1%+0.4pp	13.6%+0.5pp
Free cash flow margin	16.8%+0.6pp	16.2%+2.0pp	14.2%+2.4pp	11.8%+1.9pp	9.9%+1.3pp
Returns
Return on equity	18.7%-0.7pp	19.4%+2.4pp	16.9%-2.0pp	18.9%+1.2pp	17.7%0.0pp
Return on assets	7.7%-0.7pp	8.4%+1.2pp	7.3%-0.5pp	7.8%-0.4pp	8.2%+0.2pp
Return on invested capital	14.8%-2.6pp	17.4%+3.0pp	14.4%-0.8pp	15.2%+0.5pp	14.7%+0.4pp
Efficiency
Asset turnover	0.6×0.0×	0.7×0.0×	0.7×0.0×	0.7×-0.1×	0.8×0.0×
Inventory turnover	5.5×-0.2×	5.7×0.0×	5.8×+0.3×	5.5×-0.1×	5.6×-0.2×
Liquidity
Current ratio	2.7×+0.9×	1.8×-0.4×	2.2×+0.1×	2×+0.1×	1.9×-1.5×
Quick ratio	2.2×+0.7×	1.6×-0.4×	1.9×+0.2×	1.8×+0.1×	1.6×-1.3×
Cash ratio	1.2×+0.2×	1×-0.3×	1.3×+0.1×	1.3×+0.1×	1.1×-0.8×
Leverage
Debt-to-equity	1×+0.2×	0.7×0.0×	0.7×0.0×	0.8×-0.1×	0.9×-0.1×
Debt-to-assets	0.4×+0.1×	0.3×0.0×	0.3×0.0×	0.4×0.0×	0.4×0.0×
Net debt / EBITDA	2.5×+1.7×	0.7×+0.9×	-0.2×-0.3×	0.1×-0.3×	0.4×-0.3×
Interest coverage	13.4×-0.5×	13.9×+0.7×	13.2×+0.3×	12.9×-1.7×	14.5×-2.6×
Per Share
Book value per share	$35.35-4.6%	$37.06+2.1%	$36.29+4.3%	$34.78+7.9%	$32.24+7.1%
Valuation
Market capitalization	$3.97B-4.6%	$4.17B-26.9%	$5.69B-4.3%	$5.95B+24.6%	$4.77B-2.5%
Enterprise value	$4.86B+9.8%	$4.43B-21.4%	$5.63B-6.1%	$6B+22.0%	$4.92B-4.1%
Price / earnings	13.7×-0.1×	13.8×-8.3×	22.1×+0.1×	22×+3.2×	18.9×-1.6×
Price / sales	1.7×-0.1×	1.8×-0.6×	2.4×-0.1×	2.4×+0.5×	2×-0.1×
Price / book	2.5×0.0×	2.4×-0.9×	3.4×-0.3×	3.7×+0.5×	3.2×-0.3×
EV / EBITDA	13.5×+1.3×	12.2×-3.9×	16.2×-1.3×	17.5×+2.7×	14.8×-1.2×
EV / sales	2.1×+0.2×	1.9×-0.5×	2.3×-0.1×	2.5×+0.4×	2×-0.1×
Free cash flow yield	9.9%+0.7pp	9.2%+3.2pp	6%+1.2pp	4.8%-0.2pp	5%+0.8pp
Earnings yield	7.3%0.0pp	7.2%+2.7pp	4.5%0.0pp	4.5%-0.8pp	5.3%+0.4pp
PEG ratio	1×+0.4×	0.5×-1.0×	1.6×+1.0×	0.5×+0.2×	0.3×+0.2×

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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.