Itron Inc ITRI Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$98.44 down $1.02, 1.03% at close Nov 6
Last close · Previous close $99.46
- Market cap
- $4.31BAt the Nov 6 close
- P/E ratio
- 15.93On last 12 months’ EPS
- Diluted EPS
- $6.18Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$98.44down $1.02, 1.03%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$99.46Nov 5
- Volume502.75KNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume763.15KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $77.77 to $108.20; now $98.44
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
ITRI beat the S&P 500 in 1 of 7 periods.
| Period | ITRI and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | ITRI: up 11.4% S&P 500: down 5.6% | ITRI beat the S&P 500 by 17.0 percentage points Beat |
| 3M | ITRI: down 4.3% S&P 500: down 4.1% | ITRI trailed the S&P 500 by 0.2 percentage points Trailed |
| YTD | ITRI: up 6.0% S&P 500: up 8.7% | ITRI trailed the S&P 500 by 2.7 percentage points Trailed |
| 1Y | ITRI: down 7.1% S&P 500: up 10.9% | ITRI trailed the S&P 500 by 18.0 percentage points Trailed |
| Long term | ||
| 3Y | ITRI: up 51.5% S&P 500: up 75.0% +14.8% vs +20.5% a year | ITRI trailed the S&P 500 by 23.5 percentage points Trailed |
| 5Y | ITRI: up 24.4% S&P 500: up 67.8% +4.5% vs +10.9% a year | ITRI trailed the S&P 500 by 43.4 percentage points Trailed |
| 10Y | ITRI: up 70.5% S&P 500: up 313.1% +5.5% vs +15.2% a year | ITRI trailed the S&P 500 by 242.6 percentage points Trailed |
$10,000 invested in ITRI 10 years ago (Nov 4, 2016) would be worth about $17,046 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
ITRI beat the S&P 500 in 1 of 7 periods.
| Period | ITRI and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | ITRI: up 11.4% S&P 500: down 5.6% | ITRI beat the S&P 500 by 17.0 percentage points Beat |
| 3M | ITRI: down 4.3% S&P 500: down 4.3% | ITRI matched the S&P 500 Even |
| YTD | ITRI: up 6.0% S&P 500: up 7.8% | ITRI trailed the S&P 500 by 1.8 percentage points Trailed |
| 1Y | ITRI: down 7.1% S&P 500: up 9.7% | ITRI trailed the S&P 500 by 16.8 percentage points Trailed |
| Long term | ||
| 3Y | ITRI: up 51.5% S&P 500: up 68.8% +14.8% vs +19.1% a year | ITRI trailed the S&P 500 by 17.3 percentage points Trailed |
| 5Y | ITRI: up 24.4% S&P 500: up 56.9% +4.5% vs +9.4% a year | ITRI trailed the S&P 500 by 32.5 percentage points Trailed |
| 10Y | ITRI: up 70.5% S&P 500: up 252.6% +5.5% vs +13.4% a year | ITRI trailed the S&P 500 by 182.1 percentage points Trailed |
$10,000 invested in ITRI 10 years ago (Nov 4, 2016) would be worth about $17,046 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$138.42
Closing high on . Now 28.9% below that record.
Split-adjusted daily closes since Nov 5, 1993.
Stock splits
ITRI hasn’t split since its price history begins in 1993.
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Sep 30, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
15.9×The Nov 6 close ÷ diluted EPS over the last 12 months ($6.18)
The range covers daily P/E ratios from Oct 28, 2021 to Nov 6, 2026, each based on the previous 12 months of earnings.
ITRI trades at 15.9× its earnings over the last 12 months, below its 5-year median of 21.5×. In plain terms, buyers are paying about $16 for each $1 of profit from the past year. How to read P/E
Other valuation measures
- 1.9×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 2.5×Book value as of Sep 30, 2026
Price relative to accounting equity (book value) per share on the Sep 30, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 11.7×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 1.45Last 12 months’ EPS growth
The P/E divided by the growth in diluted EPS over the last 12 months (+11.0% on the 12 months before). It looks backward: near 1 means the P/E roughly matches last year’s growth. Sites that use analysts’ growth forecasts show a different PEG.
PEG = P/E ÷ EPS growth (%) = 15.9 ÷ 11.0 - 8.53%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $5.09BAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Sep 30, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own ITRI DCF in Excel. Value Itron with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended Sep 30, 2026. “Last 12 months” means the four quarters from Oct 1, 2025 to Sep 30, 2026, and balance-sheet figures are as of Sep 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $2.32Bdown 3.6%
- Net income
- $279.73Mup 8.6%
- Diluted EPS
- $6.18up 11.0%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY24 (Dec 31, 2024) | $612.86M | $58.11M | $1.27 |
| Q1 FY25 (Mar 31, 2025) | $607.15M | $65.47M | $1.42 |
| Q2 FY25 (Jun 30, 2025) | $606.76M | $68.34M | $1.47 |
| Q3 FY25 (Sep 30, 2025) | $581.63M | $65.61M | $1.41 |
| Q4 FY25 (Dec 31, 2025) | $571.66M | $101.63M | $2.20 |
| Q1 FY26 (Mar 31, 2026) | $586.98M | $53.46M | $1.18 |
| Q2 FY26 (Jun 30, 2026) | $562.90M | $53.27M | $1.19 |
| Q3 FY26 (Sep 30, 2026) | $599.33M | $71.37M | $1.61 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $1.98B | −$81.26M | −$1.83 |
| FY22 (Dec 31, 2022) | $1.80B | −$9.73M | −$0.22 |
| FY23 (Dec 31, 2023) | $2.17B | $96.92M | $2.11 |
| FY24 (Dec 31, 2024) | $2.44B | $239.11M | $5.18 |
| FY25 (Dec 31, 2025) | $2.37B | $301.06M | $6.50 |
Margins
- Gross 40.7%
- Operating 13.7%
- Net 12.1%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $367.51MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$394.87MLast 12 months
- Capital spending$27.35MLast 12 months
- 15.8%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $248.46MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$248.46MLast 12 months
68% of free cash flow
Balance sheet
- $840.32MAs of Sep 30, 2026
Cash plus short- and long-term marketable securities on the Sep 30, 2026 balance sheet.
- Total debt$1.62BAs of Sep 30, 2026
- Net debt$777.62MAs of Sep 30, 2026
- 2.83As of Sep 30, 2026
Current assets divided by current liabilities on the Sep 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.95As of Sep 30, 2026
Total debt divided by shareholders’ equity on the Sep 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 6 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✗Return on assets improved: not passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✓Current ratio improved: passed
- ✓Share count didn’t rise: passed
- ✓Gross margin improved: passed
- ✗Asset turnover (revenue ÷ assets) improved: not passed
- 16.9%Last 12 months
Over the last 12 months, Itron’s net income was 16.9% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 7.1%Last 12 months
Over the last 12 months, Itron’s net income was 7.1% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
About Itron Inc
Itron is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. For utilities, cities and society, we build innovative systems, create new efficiencies, connect communities, encourage conservation and increase resourcefulness. By safeguarding our invaluable natural resources today and tomorrow, we improve the quality of life for people around the world. Join us: www.itron.com. Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated. About Encycle: Deploying autonomous intelligence and analytics, Encycle improves commercial HVAC management, energy efficiency and building comfort to reduce operating costs and carbon footprint. As the only utility-endorsed HVAC optimization software, our patented machine learning solutions seamlessly integrate into maintenance workflows. Encycle enables multi-site commercial and industrial companies to maximize efficiency and reach sustainability goals by improving energy use and budgetary spend decisions.
- Sector
- Technology
- Industry
- Scientific & Technical Instruments
- Headquarters
- Washington, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
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ITRI stock FAQ
What is ITRI stock’s price today?
Itron (ITRI) traded at $98.44 at the close on , down $1.02 (1.03%) from the previous close of $99.46. Over the past 52 weeks it has traded between $77.77 and $108.20.
If you invested $1,000 in ITRI 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in ITRI on would be worth about $1,705 at the close on , a total return of +70.5%. The same $1,000 would be worth $1,244 if invested five years ago, $929 if invested one year ago, $1,914 if invested 20 years ago, and $5,147 if invested 30 years ago. Past performance doesn’t predict future returns.
What is Itron’s market cap?
Itron’s market capitalization is about $4.3 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $98.44 (how market cap works). Itron reported 43.79M shares outstanding at the end of its latest quarter ().
What is ITRI’s P/E ratio?
ITRI trades at 15.9 times its diluted earnings over the four quarters to ($6.18 per share), at the close. Over the past five years its P/E has ranged from 12.1 to 92.3, with a median of 21.5. (How the P/E ratio works.)
How much revenue does Itron make?
Itron reported $2.3 billion of revenue over the four quarters to , down 3.6% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $599.3 million, up 3.0% from a year earlier.
Is Itron profitable?
Yes. Itron earned $279.7 million of net income over the four quarters to , a net margin of 12.1%, and its operating margin was 13.7% (what margins tell you).
What are ITRI’s earnings per share?
ITRI’s diluted earnings per share were $6.18 over the four quarters to , compared with $5.57 in the twelve months before. The latest quarter (Q3 FY26) brought $1.61 per share, against $1.41 a year earlier (how EPS works).
Does ITRI pay a dividend?
Itron hasn’t paid a dividend in the last twelve months.
What is ITRI’s 52-week high and low?
Over the past 52 weeks ITRI has traded as low as $77.77 and as high as $108.20. At $98.44 at the close on , it is 9.0% below that high and 26.6% above the low.
What is ITRI’s all-time high?
ITRI’s highest closing price was $138.42 on , adjusted for stock splits. At $98.44 at the close on , it is 28.9% below that record.
Has ITRI stock ever split?
No. ITRI hasn’t split since its price history begins in 1993.
How has ITRI stock performed?
Including dividends and measured to the close on , ITRI has returned +6.0% so far this year and −7.1% over the past year, and +24.4% over five years (+4.5% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Itron in?
Itron is in the Technology sector and the Scientific & Technical Instruments industry, and is headquartered in Washington, USA.
What exchange does ITRI trade on?
Itron trades on the Nasdaq under the ticker symbol ITRI. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
The Interactive Brokers word and logo are trademarks of Interactive Brokers LLC (or its subsidiaries) in the US and/or elsewhere. All rights reserved.