InsiderClue
Stocks · Technology · Instruments For Meas & Testing of Electricity & Elec Signals

ITRON, INC.

ITRI Clue Score61
United States Fiscal year ends December CIK 0000780571
$85.58 +1.60% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $85.58 +18.20% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue2,013.2Operating income101.0Net income31.8EPS, diluted0.82Fiscal year 2017Revenue2,018.2 +0.2%Operating income154.9Net income57.3 +80.4%EPS, diluted1.45 +76.8%Fiscal year 2018Revenue2,376.1 +17.7%Operating income−49.7Net income−99.3 −273.2%EPS, diluted−2.53 −274.5%Fiscal year 2019Revenue2,502.5 +5.3%Operating income132.7Net income49.0EPS, diluted1.23Fiscal year 2020Revenue2,173.4 −13.2%Operating income−10.4Net income−58.0 −218.3%EPS, diluted−1.44 −217.1%Fiscal year 2021Revenue1,981.6 −8.8%Operating income−79.3Net income−81.3EPS, diluted−1.83Fiscal year 2022Revenue1,795.6 −9.4%Operating income−7.4Net income−9.7EPS, diluted−0.22Fiscal year 2023Revenue2,173.6 +21.1%Operating income128.9Net income96.9EPS, diluted2.11Fiscal year 2024Revenue2,440.8 +12.3%Operating income264.1Net income239.1 +146.7%EPS, diluted5.18 +145.5%Fiscal year 2025Revenue2,367.2 −3.0%Operating income313.1Net income301.1 +25.9%EPS, diluted6.50 +25.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 2,013.2 2,018.2 2,376.1 2,502.5 2,173.4 1,981.6 1,795.6 2,173.6 2,440.8 2,367.2
Growth +0.2% +17.7% +5.3% −13.2% −8.8% −9.4% +21.1% +12.3% −3.0%
Operating income 101.0 154.9 −49.7 132.7 −10.4 −79.3 −7.4 128.9 264.1 313.1
Net income 31.8 57.3 −99.3 49.0 −58.0 −81.3 −9.7 96.9 239.1 301.1
Growth +80.4% −273.2% −218.3% +146.7% +25.9%
EPS, diluted 0.82 1.45 −2.53 1.23 −1.44 −1.83 −0.22 2.11 5.18 6.50
Growth +76.8% −274.5% −217.1% +145.5% +25.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin32.9%Operating margin5.0%Net margin1.6%Free cash flow margin3.6%Fiscal year 2017Gross margin33.5%Operating margin7.7%Net margin2.8%Free cash flow margin7.0%Fiscal year 2018Gross margin30.7%Operating margin−2.1%Net margin−4.2%Free cash flow margin2.1%Fiscal year 2019Gross margin30.1%Operating margin5.3%Net margin2.0%Free cash flow margin4.5%Fiscal year 2020Gross margin27.7%Operating margin−0.5%Net margin−2.7%Free cash flow margin2.9%Fiscal year 2021Gross margin28.9%Operating margin−4.0%Net margin−4.1%Free cash flow margin6.1%Fiscal year 2022Gross margin29.1%Operating margin−0.4%Net margin−0.5%Free cash flow margin0.3%Fiscal year 2023Gross margin32.8%Operating margin5.9%Net margin4.5%Free cash flow margin4.5%Fiscal year 2024Gross margin34.4%Operating margin10.8%Net margin9.8%Free cash flow margin8.5%Fiscal year 2025Gross margin37.7%Operating margin13.2%Net margin12.7%Free cash flow margin16.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 32.9% 33.5% 30.7% 30.1% 27.7% 28.9% 29.1% 32.8% 34.4% 37.7%
Operating margin 5.0% 7.7% −2.1% 5.3% −0.5% −4.0% −0.4% 5.9% 10.8% 13.2%
Net margin 1.6% 2.8% −4.2% 2.0% −2.7% −4.1% −0.5% 4.5% 9.8% 12.7%
Free cash flow margin 3.6% 7.0% 2.1% 4.5% 2.9% 6.1% 0.3% 4.5% 8.5% 16.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow115.8Capital expenditure−43.5Free cash flow72.3Buybacks0.0Fiscal year 2017Operating cash flow191.4Capital expenditure−49.5Free cash flow141.9 +96.2%Buybacks0.0Fiscal year 2018Operating cash flow109.8Capital expenditure−60.0Free cash flow49.8 −64.9%Buybacks0.0Fiscal year 2019Operating cash flow172.8Capital expenditure−60.7Free cash flow112.1 +125.1%Buybacks−25.0Fiscal year 2020Operating cash flow109.5Capital expenditure−46.2Free cash flow63.3 −43.5%Buybacks0.0Fiscal year 2021Operating cash flow154.8Capital expenditure−34.7Free cash flow120.1 +89.7%Buybacks−8.0Fiscal year 2022Operating cash flow24.5Capital expenditure−19.7Free cash flow4.8 −96.0%Buybacks−17.0Fiscal year 2023Operating cash flow125.0Capital expenditure−26.9Free cash flow98.1 +1,963.7%Buybacks0.0Fiscal year 2024Operating cash flow238.2Capital expenditure−30.6Free cash flow207.6 +111.7%Buybacks−100.0Fiscal year 2025Operating cash flow406.0Capital expenditure−22.9Free cash flow383.1 +84.5%Buybacks−100.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 115.8 191.4 109.8 172.8 109.5 154.8 24.5 125.0 238.2 406.0
Capital expenditure −43.5 −49.5 −60.0 −60.7 −46.2 −34.7 −19.7 −26.9 −30.6 −22.9
Free cash flow 72.3 141.9 49.8 112.1 63.3 120.1 4.8 98.1 207.6 383.1
Growth +96.2% −64.9% +125.1% −43.5% +89.7% −96.0% +1,963.7% +111.7% +84.5%
Buybacks 0.0 0.0 0.0 −25.0 0.0 −8.0 −17.0 0.0 −100.0 −100.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash133.6Total debt304.5Net cash (debt)−171.0Shareholders’ equity631.6Debt to equity0.48Fiscal year 2017Cash176.3Total debt613.3Net cash (debt)−437.0Shareholders’ equity786.4Debt to equity0.78Fiscal year 2018Cash122.3Total debt1,016.6Net cash (debt)−894.3Shareholders’ equity712.7Debt to equity1.43Fiscal year 2019Cash149.9Total debt932.5Net cash (debt)−782.6Shareholders’ equity776.5Debt to equity1.20Fiscal year 2020Cash206.9Total debt920.9Net cash (debt)−714.0Shareholders’ equity816.5Debt to equity1.13Fiscal year 2021Cash162.6Total debt450.2Net cash (debt)−287.6Shareholders’ equity1,116.1Debt to equity0.40Fiscal year 2022Cash202.0Total debt452.5Net cash (debt)−250.5Shareholders’ equity1,168.5Debt to equity0.39Fiscal year 2023Cash302.0Total debt454.8Net cash (debt)−152.8Shareholders’ equity1,310.9Debt to equity0.35Fiscal year 2024Cash1,051.2Total debt1,242.4Net cash (debt)−191.2Shareholders’ equity1,390.6Debt to equity0.89Fiscal year 2025Cash1,020.4Total debt1,248.3Net cash (debt)−227.9Shareholders’ equity1,716.6Debt to equity0.73
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 133.6 176.3 122.3 149.9 206.9 162.6 202.0 302.0 1,051.2 1,020.4
Total debt 304.5 613.3 1,016.6 932.5 920.9 450.2 452.5 454.8 1,242.4 1,248.3
Net cash (debt) −171.0 −437.0 −894.3 −782.6 −714.0 −287.6 −250.5 −152.8 −191.2 −227.9
Shareholders’ equity 631.6 786.4 712.7 776.5 816.5 1,116.1 1,168.5 1,310.9 1,390.6 1,716.6
Debt to equity 0.48 0.78 1.43 1.20 1.13 0.40 0.39 0.35 0.89 0.73

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
133.6 176.3 122.3 149.9 206.9 162.6 202.0 302.0 1,051.2 1,020.4
299.9 369.0 416.5 415.9 318.3 261.1 249.8 272.9 295.3 342.5
163.0 193.8 220.7 227.9 182.4 165.8 228.7 283.7 270.7 242.9
176.5 200.8 226.6 233.2 207.8 163.2 140.1 128.8 115.4 112.2
452.5 555.8 1,116.5 1,103.9 1,131.9 1,099.0 1,038.7 1,052.5 1,052.1 1,345.0
1,577.8 2,106.1 2,609.0 2,707.8 2,607.0 2,393.8 2,378.1 2,604.3 3,407.6 3,720.7
Growth +33.5% +23.9% +3.8% −3.7% −8.2% −0.7% +9.5% +30.8% +9.2%
Liabilities
14.1 19.7 28.4 0.0 18.4 0.0 n/a n/a 0.0 459.5
290.5 593.6 988.2 932.5 902.6 450.2 452.5 454.8 1,242.4 788.8
calc 304.5 613.3 1,016.6 932.5 920.9 450.2 452.5 454.8 1,242.4 1,248.3
927.5 1,300.5 1,874.9 1,907.0 1,766.8 1,251.0 1,186.5 1,272.8 1,996.2 1,982.5
Equity
−409.5 −337.9 −425.4 −376.4 −434.3 −515.6 −525.3 −428.4 −189.3 111.8
631.6 786.4 712.7 776.5 816.5 1,116.1 1,168.5 1,310.9 1,390.6 1,716.6
Growth +24.5% −9.4% +9.0% +5.2% +36.7% +4.7% +12.2% +6.1% +23.4%
Per share and net cash
calc −171.0 −437.0 −894.3 −782.6 −714.0 −287.6 −250.5 −152.8 −191.2 −227.9
38.3 38.8 39.5 39.9 40.4 45.2 45.2 45.5 45.1 44.9
calc 16.48 20.28 18.04 19.44 20.19 24.72 25.86 28.80 30.81 38.21

Lines marked calc are worked out here from filed figures; point at one for how.