Itron, Inc. logo ITRI - Itron, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 15
HOLD 17
SELL 5
STRONG
SELL
0
| PRICE TARGET: $137.00 DETAILS
HIGH: $155.00
LOW: $128.00
MEDIAN: $135.50
CONSENSUS: $137.00
UPSIDE: 65.02%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 2,367.2 2,440.8 2,173.6 1,795.6 1,981.6 2,173.3 2,502.5 2,376.1 2,018.2 2,013.2 1,877.8 1,970.7 1,948.7 2,178.2 2,434.1 2,259.3 1,687.4 1,909.6 1,464.0 644.0 552.7 399.2 317.0 284.8 225.6 184.0 193.4 241.4 216.1 177.6 155.4 120.7 88.6
Cost of Revenue 1,475.1 1,601.5 1,459.7 1,273.4 1,408.4 1,571.2 1,750.2 1,645.8 1,343.0 1,352.9 1,318.7 1,347.6 1,334.2 1,463.0 1,691.1 1,561.0 1,150.0 1,262.8 976.8 376.6 319.1 228.5 173.4 152.6 127.7 100.2 183.6 147 120.8 95.7 87.9 63.1 41.9
Gross Profit 892.1 839.3 713.9 522.2 573.2 602.2 752.3 730.3 675.2 660.3 559.1 623.1 614.5 715.1 743.0 698.2 537.5 646.9 487.3 267.4 233.6 170.7 143.6 132.3 97.9 83.8 9.8 94.4 95.3 81.9 67.5 57.6 46.7
Operating Expenses
R&D Expenses 207.0 215.0 208.7 185.1 197.2 194.1 202.2 207.9 170.0 168.2 162.3 175.5 176.0 178.7 162.5 140.2 122.3 120.7 94.9 58.8 47.1 44.4 43.0 36.8 30 21.3 26.8 33.5 32.2 33.3 27.1 0 0
SG&A Expenses 353.0 341.3 315.2 293.5 303.3 280.9 350.5 334.5 328.7 324.6 325.3 330.3 324.3 332.9 323.3 304.8 271.5 296.0 225.9 115.8 101.1 80.8 65.6 57.3 41.7 38.3 41.3 39.5 41.7 39.8 18.8 40.1 30.5
Other Expenses 18.0 18.9 61.2 51.0 152.0 137.6 66.9 237.6 23.8 69.2 16.2 107.8 254.9 0 63.4 69.1 98.6 120.4 84 31.1 38.8 27.9 10.1 9.8 1.5 13.0 18.5 19.9 16.8 10.5 8 6.6 6.1
Operating Expenses 578.0 575.2 585.0 529.6 652.5 612.6 619.6 780.0 521.9 561.5 503.8 613.6 754.6 569.8 549.2 514.0 492.4 537.0 404.8 205.7 187.0 153.0 118.8 103.8 73.2 72.6 86.6 92.9 90.7 83.6 53.9 46.7 36.6
Operating Income
Operating Income 314.1 264.1 128.9 (7.4) (79.3) (10.4) 132.7 (49.7) 154.9 101.0 52.8 0.5 (139.9) 155.8 (459.2) 184.2 45.0 109.8 46.5 61.7 46.2 4.0 21.7 18.1 25.9 11.1 (76.8) 1.5 4.6 (1.7) 13.6 10.9 10.1
Interest Expense 22.5 15.4 8.3 6.7 28.6 44.0 52.5 58.2 13.8 13.5 12.3 11.6 10.7 10.1 36.8 54.9 70.3 80.7 90.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 48.4 34.6 9.3 2.6 1.6 3.0 1.8 2.2 2.1 0.9 0.8 0.5 1.2 1.0 0.9 0.6 1.2 6.0 10.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 414.2 321.4 226.9 84.6 121.0 179.8 249.7 238.7 221.1 213.4 113.4 162.8 172.2 265.3 (346.7) 306.9 180.0 286.4 183.8 61.7 103.2 58.2 43.8 38.7 34.5 22.7 (58.3) 21.4 21.4 8.8 21.6 17.5 16.2
EBIT 364.7 265.2 171.1 17.9 36.9 82.5 135.3 116.2 157.8 145.1 37.4 64.7 73 155.8 (465.0) 179.3 24.2 112.8 57.4 70.0 46.6 17.6 24.8 28.5 24.6 9.5 (76.8) 1.5 4.6 (1.7) 13.6 10.9 10.1
Income Before Tax 342.3 284.5 127.4 (15.7) (123.8) (56.6) 73.0 (109.2) 134.6 84.6 56.4 (14.9) (148.3) 136.2 (505.7) 120.7 (46.1) 32.1 (32.6) 52.2 27.5 (9.4) 17.9 18.9 21.4 8.6 (100.3) (10) 1.6 (2.2) 15.4 11.9 7.4
Income Tax Expense 38.9 43.4 29.1 (6.2) (45.5) 0.2 20.6 (12.6) 74.3 49.6 29.3 6.6 (3.7) 26.0 4.4 16.0 (43.8) 4.0 (16.4) 18.5 (5.5) (4.1) 7.4 10.2 7.9 3.3 (28) (3.8) 0.6 (0.7) 5.3 3.9 3.1
Net Income 301.1 239.1 96.9 (9.7) (81.3) (58.0) 49.0 (99.2) 57.3 31.8 12.7 (23.7) (153.2) 108.3 (510.2) 104.8 (2.2) 28.1 (16.1) 33.8 33.1 (5.3) 10.5 8.7 13.4 4.7 (68.6) (6.2) 1 (1.5) 10.1 8 4.3
Per Share Data
EPS (Basic) 6.62 5.27 2.13 -0.21 -1.77 -1.41 1.24 -2.53 1.48 0.83 0.33 -0.58 -3.74 2.73 -12.56 2.60 -0.06 0.60 -0.55 1.33 1.41 -0.25 0.51 0.45 0.86 0.18 -4.62 -0.42 0.07 -0.11 0.85 0.86 0.64
EPS (Diluted) 6.50 5.18 2.11 -0.21 -1.77 -1.41 1.23 -2.53 1.45 0.82 0.33 -0.58 -3.74 2.71 -12.56 2.56 -0.06 0.57 -0.55 1.28 1.33 -0.25 0.48 0.41 0.75 0.18 -4.62 -0.42 0.07 -0.11 0.81 0.80 0.59
Shares Outstanding 45.5 45.4 45.4 45.1 44.3 40.3 39.6 39.2 38.7 38.2 38.2 39.2 39.3 39.6 40.6 40.3 38.5 33.1 29.6 25.4 23.4 20.9 20.4 19.3 15.6 15.2 14.9 14.7 14.1 13.3 11.9 9.3 8.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 1,020.4 1,051.2 302.0 202.0 162.6 206.9 149.9 120.2 176.3 133.6 121.9 144.4 11.6 6.2 32.6 20.6 21.2 1.5 2.7 3 2.2 6.4 11 12.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22.2 0 0 0 0 0 0 0 0
Net Receivables 367.8 350.5 303.8 280.4 298.5 369.8 472.9 437.2 398.0 351.5 337.9 321.3 90.1 70.8 57.6 52.3 52.9 49.1 75.8 69.8 44.4 37 26.7 22.9
Inventory 242.9 270.7 283.7 228.7 165.8 182.4 227.9 220.7 193.8 163.0 170.1 164.2 45.5 16.0 15.7 16.3 17.2 15.3 20.7 32 33.8 18.1 11.9 15.4
Other Current Assets 191.2 143.5 159.9 118.4 123.1 171.1 146.5 118.1 81.6 84.3 96.0 87.8 28.2 16.2 8.7 5.3 5.8 42.2 9.2 7.7 10.3 31 35.6 18
Total Current Assets 1,822.3 1,815.9 1,049.4 829.6 749.9 930.3 997.3 896.1 849.7 732.5 725.9 717.7 175.4 109.3 114.5 116.7 97.1 108.1 108.4 112.5 90.7 92.5 85.2 68.6
Non-Current Assets
Property, Plant & Equipment 141.5 144.4 170.0 192.9 228.7 284.1 313.0 226.6 200.8 176.5 318.2 307.7 59.7 42.8 41.8 38.8 35.0 37.6 93.1 91.9 71.3 30.5 12.9 9.9
Goodwill 1,345.0 1,052.1 1,052.5 1,038.7 1,099.0 1,131.9 1,103.9 1,116.5 555.8 452.5 1,305.6 1,285.9 117.5 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 83.3 43.1 46.3 64.9 92.5 133.0 185.1 257.6 95.2 72.2 388.2 481.9 162.1 113.4 62.5 11.0 12.8 15.2 18.1 21.5 22.3 19.9 19.9 19.6
Long-Term Investments 0 0 0 0 0 0 2.9 255.3 564.2 2.8 8.6 12.9 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 63.4 41.8 38.8 39.9 42.2 51.7 41.8 (208.0) (209.5) 47.4 18.1 19.3 15.2 6.3 4.5 11.1 33.0 31.2 28.2 14.3 3.1 4.1 1.1 0.8
Total Non-Current Assets 1,898.4 1,591.7 1,554.8 1,548.5 1,643.9 1,676.8 1,710.6 1,712.8 1,256.4 845.3 2,128.7 2,153.5 381.8 194.2 132.8 86.0 80.8 84 139.4 127.7 96.7 54.5 33.9 30.3
Total Assets 3,720.7 3,407.6 2,604.3 2,378.1 2,393.8 2,607.0 2,707.8 2,609.0 2,106.1 1,577.8 2,854.6 2,871.2 557.2 303.5 247.2 202.7 177.9 192.1 247.8 240.2 187.4 147 119.1 98.9
Current Liabilities
Account Payables 156.3 144.9 199.5 237.2 193.1 215.6 328.1 310.0 262.2 172.7 219.3 200.7 37.4 40.2 25.5 24.7 30.2 34.7 25.3 26.6 20.7 16.2 11.6 12.8
Short-Term Debt 459.5 14.6 0 0 0 18.4 0 28.4 19.7 14.1 10.9 10.8 35.6 48.2 0.7 0.2 0.2 4.2 14 1.6 33.1 0 0.3 0
Deferred Revenue 187.8 150.7 124.2 95.6 82.8 112.9 99.6 93.6 41.4 65.0 40.1 24.3 23.0 12.0 11.6 13.6 0 0 0 0 0 0 0 0
Other Current Liabilities 69.7 61.0 54.1 45.1 83.1 72.6 63.8 117.3 56.7 43.6 87.1 91.7 21.2 10.7 25.7 11.6 18.3 24.9 14.9 15.9 10.7 12.6 11 12.7
Total Current Liabilities 1,012.2 528.3 537.2 498.6 501.3 549.9 671.4 652.7 507.8 413.0 443.4 424.4 117.3 111.1 63.5 50.1 48.7 63.8 54.2 44.1 64.5 28.8 22.9 25.5
Non-Current Liabilities
Long-Term Debt 808.4 1,242.4 454.8 452.5 450.2 902.6 932.5 988.2 593.6 290.5 770.9 1,179.2 242.6 0 0 58.2 58.5 63.5 69.6 72.2 6.4 5.6 0.1 0.3
Deferred Tax Liabilities 0.6 0.6 0.7 0.8 2 1.9 1.8 1.5 1.5 3.1 80.7 102.7 0 0 0 0 0 0 0 0 0 1.7 0 0
Other Non-Current Liabilities 141.6 199.6 247.4 190.2 240.1 245.5 232.4 232.5 197.6 220.9 83.2 129.4 12.9 15.1 22.2 18.4 16.6 17.3 9 3.5 2.3 2.1 1.7 1.8
Total Non-Current Liabilities 970.3 1,467.9 735.6 688.0 749.7 1,216.9 1,235.6 1,222.2 792.7 514.4 1,010.7 1,411.4 255.5 15.1 22.2 76.6 75.2 80.8 78.6 75.7 8.7 9.4 1.8 2.1
Total Liabilities 1,982.5 1,996.2 1,272.8 1,186.5 1,251.0 1,766.8 1,907.0 1,874.9 1,300.5 927.5 1,454.1 1,835.8 372.7 126.2 85.6 126.6 123.8 144.6 132.8 119.8 73.2 38.2 24.7 27.6
Stockholders' Equity
Common Stock 1,661.3 1,689.8 1,820.5 1,788.5 1,779.8 1,389.4 1,357.6 1,334.4 1,294.8 1,270.5 1,299.1 951.0 211.9 200.6 195.5 120.3 109.7 107.6 0 0 0 0 0 0
Retained Earnings 111.8 (189.3) (428.4) (525.3) (515.6) (434.3) (376.4) (425.4) (337.9) (409.5) 30.2 50.3 (28.4) (23.2) (33.7) (42.3) (53.8) (58.5) 10.1 16.3 15.3 14.5 4.4 (3.6)
Accumulated Other Comprehensive Income (56.5) (109.9) (81.2) (94.7) (148.1) (138.5) (204.7) (196.3) (170.5) (229.3) 71.1 34.1 1.0 (0.1) (0.3) (1.9) (1.8) (1.6) (55.3) (38) (30) (23.8) (19.9) 0
Total Stockholders' Equity 1,716.6 1,390.6 1,310.9 1,168.5 1,116.1 816.5 776.5 712.7 786.4 631.6 1,400.5 1,035.4 184.4 177.2 161.6 76.1 54.0 47.5 115 120.4 114.2 108.8 94.4 71.3
Total Liabilities & Equity 3,720.7 3,407.6 2,604.3 2,378.1 2,393.8 2,607.0 2,707.8 2,609.0 2,106.1 1,577.8 2,854.6 2,871.2 557.2 303.5 247.2 202.7 177.9 192.1 247.8 240.2 187.4 147 119.1 98.9
Debt Metrics
Total Debt 1,287.6 1,282.4 502.5 515.1 507.5 987.8 1,001.4 1,016.6 613.3 304.5 781.8 1,190.0 278.2 48.2 0.7 58.4 58.8 67.7 83.6 73.8 39.5 5.6 0.4 0.3
Net Debt 267.2 231.1 200.4 313.1 345.0 780.8 851.5 896.4 437.0 171.0 659.9 1,045.6 266.6 42.0 (31.9) 37.8 37.6 66.2 80.9 70.8 37.3 (0.8) (10.6) (12)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 301.1 241.1 96.9 (9.5) (81.3) (56.9) 52.4 (96.6) 60.2 35.1 33.1 (5.3) 10.5 8.7 13.4 5.3 (72.3) (6.2) 1 (1.5) 10.1 8 4.3
Depreciation & Amortization 49.5 56.3 55.8 66.8 101.3 97.3 114.4 122.5 63.2 68.3 56.6 40.6 19.0 10.2 9.9 13.0 18.5 19.9 16.8 10.5 8 6.6 6.1
Stock-Based Compensation 0 43.9 28.4 21.9 0 25.1 27.0 31.3 21.4 18.0 0 0 0 0.4 0 0 0 0 0 0 0 0 0
Change in Working Capital (91.1) (89.9) (43.8) (94.8) 89.6 (41.4) (39.3) 62.3 (6.6) (31.9) (5.7) 15.0 (29.5) 13.1 0.8 (19.7) 48 (12.1) (22.1) (24.4) (9.2) (3.9) (3.8)
Other Non-Cash Items 80.4 25.6 22.4 72.8 121.0 98.4 18.5 9.4 2.4 12.6 17.7 (0.8) 0.7 12.1 5.1 (1.0) (0.1) (0.1) 1.9 0 (0.1) 1.2 0
Operating Cash Flow 403.7 238.2 125.0 24.5 145.0 109.5 172.8 109.8 191.4 115.8 79.6 53.1 10.3 49.2 32.3 1.2 24.5 (1.9) (3.2) (16.9) 9.6 12.8 8.2
Investing Activities
Capital Expenditure (22.9) (30.6) (26.9) (19.7) (34.7) (46.2) (60.7) (60.0) (49.5) (43.5) (32.0) (12.8) (9.6) (10.5) (7.6) (9.0) (17.3) (6.4) (36.8) (27.5) (16.5) (7.3) (3.8)
Acquisitions (324.8) (33.7) (0.8) 56.0 (5.5) 1.1 0 (803.1) (99.4) (1.0) (253.1) (253.1) 0 (42.9) 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 (26.9) (30.4) 0 0 0 0 0 0 (17.9) (12.8)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 49.0 8.2 0 0 0 0 25.1 5.6 0 0
Other Investing Activities (2.0) (29.7) 4.3 4.3 5.3 4.0 12.6 0.4 0.7 (3.0) 254.5 (1.3) (75.5) 8.0 (8.2) 32.4 1.2 (10.7) 2.7 (22.4) (6.6) (3.2) (1.2)
Investing Cash Flow (349.7) (63.4) (23.3) 40.5 (34.9) (41.0) (48.2) (862.7) (148.2) (47.5) (30.6) (267.1) (85.2) (23.4) (38.0) 23.4 (16.1) (17.1) (34.1) (24.8) (17.5) (28.4) (17.8)
Financing Activities
Net Debt Issuance 0 805 0 0 (498.1) (15.6) (87.7) 415.6 305.9 (63.2) (111.4) 211.2 46.8 (7.4) (0.8) (5.9) (10.9) 12.4 31.9 33.1 (0.2) 0.7 (10)
Stock Repurchased (100) (100) 0 (17.0) (8.0) 0 (25) 0 0 0 0 0 0 (12.6) (1.9) 0 0 (1.6) 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.2) 0 0 0
Other Financing Activities (2.6) (133.7) (7.2) (5.2) (2.4) (4.8) 15.1 (28.9) (7.6) (2.7) (0.4) (0.1) (1.9) (1.6) (0.0) (1.1) (0.3) 5.5 0 0 0 0 0
Financing Cash Flow (95.2) 579.6 (3.5) (18.7) (152.9) (11.6) (97.5) 395.8 302.0 (63.0) (27.0) 219.4 48.6 (13.9) 5.1 (4.9) (9.6) 18.7 38.1 37.5 3.4 14.3 21.4
Cash Position
Net Change in Cash (30.8) 749.2 100.0 39.4 (44.4) 57.0 27.6 (365.0) 353.8 2.5 22.0 5.4 (26.3) 12.0 (0.6) 19.7 (1.2) 18.7 38.1 37.5 3.4 14.3 21.4
Cash at Beginning 1,051.2 302.0 202.0 162.6 206.9 149.9 122.3 487.3 133.6 131.0 11.6 6.2 32.6 20.6 21.2 1.5 2.7 3 2.2 6.5 11 12.3 0.5
Cash at End 1,020.4 1,051.2 302.0 202.0 162.6 206.9 149.9 122.3 487.3 133.6 33.6 11.6 6.2 32.6 20.6 21.2 1.5 21.7 40.3 44 14.4 26.6 21.9
Free Cash Flow 380.8 207.6 98.1 4.8 110.4 63.3 112.1 49.8 141.9 72.3 47.6 40.3 0.6 38.7 24.7 (7.8) 7.2 (8.3) (40) (44.4) (6.9) 5.5 4.4
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 2,367.2 2,440.8 2,173.6 1,795.6 1,981.6 2,173.3 2,502.5 2,376.1 2,018.2 2,013.2 1,877.8 1,970.7 1,948.7 2,178.2 2,434.1 2,259.3 1,687.4 1,909.6 1,464.0 644.0 552.7 399.2 317.0 284.8 225.6 184.0 193.4 241.4 216.1 177.6 155.4 120.7 88.6
Gross Profit 892.1 839.3 713.9 522.2 573.2 602.2 752.3 730.3 675.2 660.3 559.1 623.1 614.5 715.1 743.0 698.2 537.5 646.9 487.3 267.4 233.6 170.7 143.6 132.3 97.9 83.8 9.8 94.4 95.3 81.9 67.5 57.6 46.7
Operating Income 314.1 264.1 128.9 (7.4) (79.3) (10.4) 132.7 (49.7) 154.9 101.0 52.8 0.5 (139.9) 155.8 (459.2) 184.2 45.0 109.8 46.5 61.7 46.2 4.0 21.7 18.1 25.9 11.1 (76.8) 1.5 4.6 (1.7) 13.6 10.9 10.1
Net Income 301.1 239.1 96.9 (9.7) (81.3) (58.0) 49.0 (99.2) 57.3 31.8 12.7 (23.7) (153.2) 108.3 (510.2) 104.8 (2.2) 28.1 (16.1) 33.8 33.1 (5.3) 10.5 8.7 13.4 4.7 (68.6) (6.2) 1 (1.5) 10.1 8 4.3
EPS (Diluted) 6.50 5.18 2.11 -0.21 -1.77 -1.41 1.23 -2.53 1.45 0.82 0.33 -0.58 -3.74 2.71 -12.56 2.56 -0.06 0.57 -0.55 1.28 1.33 -0.25 0.48 0.41 0.75 0.18 -4.62 -0.42 0.07 -0.11 0.81 0.80 0.59
Balance Sheet
Cash & Equivalents 1,020.4 1,051.2 302.0 202.0 162.6 206.9 149.9 120.2 176.3 133.6 121.9 144.4 11.6 6.2 32.6 20.6 21.2 1.5 2.7 3 2.2 6.4 11 12.3
Total Assets 3,720.7 3,407.6 2,604.3 2,378.1 2,393.8 2,607.0 2,707.8 2,609.0 2,106.1 1,577.8 2,854.6 2,871.2 557.2 303.5 247.2 202.7 177.9 192.1 247.8 240.2 187.4 147 119.1 98.9
Total Debt 1,287.6 1,282.4 502.5 515.1 507.5 987.8 1,001.4 1,016.6 613.3 304.5 781.8 1,190.0 278.2 48.2 0.7 58.4 58.8 67.7 83.6 73.8 39.5 5.6 0.4 0.3
Stockholders' Equity 1,716.6 1,390.6 1,310.9 1,168.5 1,116.1 816.5 776.5 712.7 786.4 631.6 1,400.5 1,035.4 184.4 177.2 161.6 76.1 54.0 47.5 115 120.4 114.2 108.8 94.4 71.3
Cash Flow
Operating Cash Flow 403.7 238.2 125.0 24.5 145.0 109.5 172.8 109.8 191.4 115.8 79.6 53.1 10.3 49.2 32.3 1.2 24.5 (1.9) (3.2) (16.9) 9.6 12.8 8.2
Capital Expenditure (22.9) (30.6) (26.9) (19.7) (34.7) (46.2) (60.7) (60.0) (49.5) (43.5) (32.0) (12.8) (9.6) (10.5) (7.6) (9.0) (17.3) (6.4) (36.8) (27.5) (16.5) (7.3) (3.8)
Free Cash Flow 380.8 207.6 98.1 4.8 110.4 63.3 112.1 49.8 141.9 72.3 47.6 40.3 0.6 38.7 24.7 (7.8) 7.2 (8.3) (40) (44.4) (6.9) 5.5 4.4