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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM 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
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 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×
Liquidity
Current ratio	2.7×+0.9×	1.8×-0.4×	2.2×+0.1×	2×+0.1×	1.9×-1.5×
Leverage
Debt-to-equity	1×+0.2×	0.7×0.0×	0.7×0.0×	0.8×-0.1×	0.9×-0.1×
Net debt / EBITDA	2.5×+1.7×	0.7×+0.9×	-0.2×-0.3×	0.1×-0.3×	0.4×-0.3×
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%
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×

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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.