ITRNNasdaqWholesale-Electronic Parts & Equipment, NECFiscal year ends December 31
Ituran Location & Control Ltd.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 23, 2026
$50.25+0.55 (+1.11%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 17.2
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
49.7%+2.3 pts over 5 years
Operating margin
21.5%+10.1 pts over 5 years
Net margin
16.1%+9.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.8% | +7.0% | +7.9% | +7.4% | |
| Gross profit | +11.2% | +9.1% | +8.9% | +7.1% | |
| Operating income | +8.2% | +9.4% | +22.6% | +6.6% | |
| Net income | +8.0% | +16.0% | +29.2% | +8.8% | |
| EPS, diluted | +8.1% | +17.1% | +30.6% | +9.4% | |
| Free cash flow | +10.2% | +53.1% | +6.0% | +14.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 34.6% | 12.6% | 28.8% | |
| Return on assets | 20.1% | 4.9% | 16.3% | |
| Current ratio | 1.98 | 1.59 | 2.28 | |
| Inventory turnover | 7.2× | 5.4× | 7.7× | |
| Capex to revenue | 6.8% | 4.2% | 6.1% | |
| Diluted shares | 21M | 21M | 20M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Ituran Location & Control generated $340.97M from operations and spent $197.25M on capital expenditure, dividends and share buybacks. 47% of that went back into the business.
Generated
$340.97M
Used
$197.25M
Capital expenditure$92.78M47%Dividends$104.47M53%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin16.1%
×Asset turnover1.01×
×Equity multiplier1.77×
=Return on equity, FY202528.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 16.1% | 1.01× | 1.77× | 28.8% |
| FY2024 | 16.0% | 1.04× | 1.79× | 29.8% |
| FY2023 | 15.0% | 1.05× | 1.90× | 30.1% |
| FY2022 | 12.7% | 1.00× | 2.10× | 26.7% |
| FY2021 | 12.6% | 0.89× | 2.33× | 26.4% |
| FY2020 | 6.6% | 0.75× | 2.54× | 12.6% |
| FY2019 | 2.5% | 0.78× | 2.52× | 4.9% |
| FY2018 | 24.0% | 0.86× | 2.11× | 43.4% |
| FY2017 | 18.7% | 1.19× | 1.72× | 38.4% |
| FY2016 | 16.1% | 1.25× | 1.72× | 34.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$57.97M
- Cash generatingOperating cash flow above zero$88.58M
- Return on assets improvedROA up on the prior year16.8% → 17.7%
- Earnings backed by cashOperating cash flow above net income$88.58M vs $57.97M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.22 → 2.28
- No dilutionShare count did not rise20M → 20M
- Gross margin improvedGross margin up on the prior year47.77% → 49.74%
- More efficientAsset turnover rose1.06 → 1.10