(ITRI) Itron - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4657411066

Smart Meters, Grid Sensors, Water Meters, Gas Meters, AMI Software

Electronic Equipment & Instruments
Market Cap in USD: 4,327m
IPO / Inception: 1993-11-04
12m vs SPY: -20.5%

EPS (Earnings per Share)

EPS (Earnings per Share) of ITRI over the last years for every Quarter: "2020-12": 0.65, "2021-03": 0.52, "2021-06": 0.28, "2021-09": 0.21, "2021-12": 0.75, "2022-03": 0.11, "2022-06": 0.07, "2022-09": 0.23, "2022-12": 0.71, "2023-03": 0.49, "2023-06": 0.65, "2023-09": 0.98, "2023-12": 1.23, "2024-03": 1.24, "2024-06": 1.21, "2024-09": 1.84, "2024-12": 1.35, "2025-03": 1.52, "2025-06": 1.62, "2025-09": 1.54, "2025-12": 0,
EPS CAGR: -16.93%
EPS Trend: 57.4%
Last SUE: -4.00
Qual. Beats: 0

Revenue

Revenue of ITRI over the last years for every Quarter: 2020-12: 525.157, 2021-03: 519.574, 2021-06: 489.412, 2021-09: 486.949, 2021-12: 485.637, 2022-03: 475.331, 2022-06: 431.882, 2022-09: 420.86, 2022-12: 467.491, 2023-03: 494.618, 2023-06: 541.07, 2023-09: 560.772, 2023-12: 577.173, 2024-03: 603.442, 2024-06: 609.069, 2024-09: 615.462, 2024-12: 612.864, 2025-03: 607.151, 2025-06: 606.761, 2025-09: 581.625, 2025-12: null,
Rev. CAGR: 4.93%
Rev. Trend: 85.6%
Last SUE: 0.31
Qual. Beats: 0

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 34.6%
Value at Risk 5%th 48.3%
Relative Tail Risk -15.10%
Reward TTM
Sharpe Ratio -0.09
Alpha -28.48
CAGR/Max DD 0.59
Character TTM
Hurst Exponent 0.343
Beta 0.997
Beta Downside 1.003
Drawdowns 3y
Max DD 32.91%
Mean DD 10.07%
Median DD 8.93%

Description: ITRI Itron January 09, 2026

Itron Inc. (NASDAQ: ITRI) delivers end-to-end technology for utility- and smart-city-focused measurement, communication, and analytics. Its business is split into three segments: Device Solutions (hardware meters for gas, electricity, water, heat and allocation), Networked Solutions (smart-meter modules, IoT sensors, network infrastructure, and related software for AMI, DER management, street lighting, and leak detection) and Outcomes (AI/ML-driven analytics, SaaS, consulting and extended-warranty services).

Key recent data points: FY 2023 revenue was approximately $2.5 billion, with recurring SaaS and analytics contracts now representing roughly 15 % of total revenue-a metric that tends to be more resilient to utility capital-spending cycles. The company’s backlog for smart-water and smart-grid projects grew 12 % YoY, reflecting continued municipal investment driven by ESG-related water-conservation mandates. A macro driver worth monitoring is the U.S. utility sector’s average capex-to-revenue ratio, which has been hovering near 6 % and underpins demand for Itron’s AMI and DER-management solutions.

For a deeper quantitative view of ITRI’s valuation metrics, the ValueRay platform offers a concise dashboard worth checking.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (257.5m TTM) > 0 and > 6% of Revenue (6% = 144.5m TTM)
FCFTA 0.09 (>2.0%) and ΔFCFTA 3.35pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 48.03% (prev 51.27%; Δ -3.24pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.10 (>3.0%) and CFO 364.5m > Net Income 257.5m (YES >=105%, WARN >=100%)
Net Debt (-62.2m) to EBITDA (364.9m) ratio: -0.17 <= 3.0 (WARN <= 3.5)
Current Ratio 2.17 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (46.7m) change vs 12m ago 1.79% (target <= -2.0% for YES)
Gross Margin 36.30% (prev 34.17%; Δ 2.13pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 68.07% (prev 71.47%; Δ -3.40pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 13.94 (EBITDA TTM 364.9m / Interest Expense TTM 22.5m) >= 6 (WARN >= 3)

Altman Z'' 3.54

(A) 0.31 = (Total Current Assets 2.14b - Total Current Liabilities 987.4m) / Total Assets 3.71b
(B) 0.00 = Retained Earnings (Balance) 10.1m / Total Assets 3.71b
(C) 0.09 = EBIT TTM 313.4m / Avg Total Assets 3.54b
(D) 0.85 = Book Value of Equity 1.69b / Total Liabilities 2.00b
Total Rating: 3.54 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 75.80

1. Piotroski 7.0pt
2. FCF Yield 7.97%
3. FCF Margin 14.10%
4. Debt/Equity 0.75
5. Debt/Ebitda -0.17
6. ROIC - WACC (= 0.71)%
7. RoE 16.65%
8. Rev. Trend 85.56%
9. EPS Trend 57.43%

What is the price of ITRI shares?

As of January 12, 2026, the stock is trading at USD 99.31 with a total of 811,736 shares traded.
Over the past week, the price has changed by +2.67%, over one month by +1.06%, over three months by -22.58% and over the past year by -3.92%.

Is ITRI a buy, sell or hold?

Itron has received a consensus analysts rating of 4.38. Therefore, it is recommended to buy ITRI.
  • Strong Buy: 8
  • Buy: 2
  • Hold: 3
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the ITRI price?

Issuer Target Up/Down from current
Wallstreet Target Price 140.2 41.2%
Analysts Target Price 140.2 41.2%
ValueRay Target Price 99.2 -0.1%

ITRI Fundamental Data Overview January 05, 2026

P/E Trailing = 16.9605
P/E Forward = 15.4083
P/S = 1.7966
P/B = 2.5028
P/EG = 0.5133
Beta = 1.524
Revenue TTM = 2.41b USD
EBIT TTM = 313.4m USD
EBITDA TTM = 364.9m USD
Long Term Debt = 787.9m USD (from longTermDebt, last quarter)
Short Term Debt = 458.9m USD (from shortTermDebt, last quarter)
Debt = 1.27b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -62.2m USD (from netDebt column, last quarter)
Enterprise Value = 4.26b USD (4.33b + Debt 1.27b - CCE 1.33b)
Interest Coverage Ratio = 13.94 (Ebit TTM 313.4m / Interest Expense TTM 22.5m)
EV/FCF = 12.55x (Enterprise Value 4.26b / FCF TTM 339.7m)
FCF Yield = 7.97% (FCF TTM 339.7m / Enterprise Value 4.26b)
FCF Margin = 14.10% (FCF TTM 339.7m / Revenue TTM 2.41b)
Net Margin = 10.69% (Net Income TTM 257.5m / Revenue TTM 2.41b)
Gross Margin = 36.30% ((Revenue TTM 2.41b - Cost of Revenue TTM 1.53b) / Revenue TTM)
Gross Margin QoQ = 37.75% (prev 36.85%)
Tobins Q-Ratio = 1.15 (Enterprise Value 4.26b / Total Assets 3.71b)
Interest Expense / Debt = 0.44% (Interest Expense 5.65m / Debt 1.27b)
Taxrate = 26.99% (24.5m / 90.7m)
NOPAT = 228.8m (EBIT 313.4m * (1 - 26.99%))
Current Ratio = 2.17 (Total Current Assets 2.14b / Total Current Liabilities 987.4m)
Debt / Equity = 0.75 (Debt 1.27b / totalStockholderEquity, last quarter 1.69b)
Debt / EBITDA = -0.17 (Net Debt -62.2m / EBITDA 364.9m)
Debt / FCF = -0.18 (Net Debt -62.2m / FCF TTM 339.7m)
Total Stockholder Equity = 1.55b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.28% (Net Income 257.5m / Total Assets 3.71b)
RoE = 16.65% (Net Income TTM 257.5m / Total Stockholder Equity 1.55b)
RoCE = 13.43% (EBIT 313.4m / Capital Employed (Equity 1.55b + L.T.Debt 787.9m))
RoIC = 8.20% (NOPAT 228.8m / Invested Capital 2.79b)
WACC = 7.49% (E(4.33b)/V(5.60b) * Re(9.59%) + D(1.27b)/V(5.60b) * Rd(0.44%) * (1-Tc(0.27)))
Discount Rate = 9.59% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.67%
[DCF Debug] Terminal Value 82.94% ; FCFF base≈282.0m ; Y1≈347.8m ; Y5≈592.4m
Fair Price DCF = 250.2 (EV 11.16b - Net Debt -62.2m = Equity 11.23b / Shares 44.9m; r=7.49% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 57.43 | EPS CAGR: -16.93% | SUE: -4.0 | # QB: 0
Revenue Correlation: 85.56 | Revenue CAGR: 4.93% | SUE: 0.31 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.35 | Chg30d=-0.131 | Revisions Net=-4 | Analysts=7
EPS next Year (2026-12-31): EPS=6.00 | Chg30d=-0.311 | Revisions Net=-9 | Growth EPS=-12.6% | Growth Revenue=+3.7%

Additional Sources for ITRI Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle