Itron, Inc. (ITRI) company profile
Close on Nov 13, 2026Market cap $4.21BP/E 15.5Yield –
About Itron
Instruments For Meas & Testing of Electricity & Elec Signals, SIC 3825
Itron delivers intelligent infrastructure solutions, including smart meters, sensors, communication networks, and analytics software, to help utilities and municipalities efficiently manage energy and water resources. The enterprise divides its operations into four reporting segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solutions. These divisions encompass standard and communicating measurement hardware, end-to-end connected network systems, software analytics driven by machine learning, and predictive incident management tools. Its core customer base consists of electric, gas, and water utility providers alongside smart city administrators.
Operating across a global footprint, the company maintains manufacturing facilities throughout the world and serves customers via direct and indirect distribution channels. As of late 2025, the total workforce comprises 5,550 individuals, including 4,987 permanent staff members distributed across the Americas, the Asia Pacific region, Europe, the Middle East, and Africa. The provided annual report text does not state the location of the corporate headquarters.
Summary of the business section of Itron's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Itron, Inc.
- Founded
- 1977
- Headquarters
- Liberty Lake, WA
- Address
- 2111 N Molter Road 99019
- Phone
- (509) 924-9900
- Website
- itron.com
- Employees
- 5,550, Dec 31, 2025
- Industry
- Instruments For Meas & Testing of Electricity & Elec Signals
- Incorporated in
- Washington
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Seattle, Washington
Stock & identifiers
- Ticker
- ITRI
- Exchange
- Nasdaq
- IPO date
- Nov 5, 1993
- Shares outstanding
- 44M, Oct 23, 2026
- Public float
- $5.94B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 780571
- CUSIP
- 465741106
- ISIN
- US4657411066
- FIGI
- BBG000BD2167
- Share class FIGI
- BBG001S6DJQ9
- LEI
- 24F6LSZD18II6ICG6S41
- EIN
- 91-1011792
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Thomas Deitrich | President & CEO, Director | 392,009 |
| David Marshall Wright | VP, Corp. Controller & CAO | 7,341 |
| Justin K. Patrick | SVP, Device Solutions | 24,392 |
| Donald L. Reeves III | SVP, Outcomes | 27,662 |
| Christopher E. Ware | SVP, GC & Corp. Secretary | 29,916 |
| Laurie Ann Pulatie-Hahn | SVP, HR | 31,930 |
| John F. Marcolini | SVP, Networked Solutions | 12,683 |
| Joan S. Hooper | SVP & CFO | 118,440 |
| Sanjay Mirchandani | Director | 7,432 |
| Sheri Savage | Director | 2,995 |
| Santiago Perez | Director | 13,127 |
| Scott D. Drury | Director | 2,952 |
| Frank M. Jaehnert | Director | 23,726 |
| Timothy M. Leyden | Director | 16,496 |
| Jerome J. Lande | Director | 11,373 |
| Mary C. Hemmingsen | Director | 952 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $11.21M | $11.38M | $2.60M | $97 | $110 |
| FY2024 | $9.40M | $25.61M | $2.31M | $113 | $89 |
| FY2023 | $6.17M | $14.99M | $1.72M | $79 | $79 |
| FY2022 | $3.90M | $2.22M | $1.17M | $53 | $72 |
| FY2021 | $4.54M | $1.54M | $1.71M | $71 | $100 |
| FY2020 | $3.64M | $3.85M | $1.31M | $114 | $132 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Thomas L. Deitrich President and CEO | $1.00M | $100 | $8.90M | $1.29M | $15.75K | $11.21M | +19% |
| Joan S. Hooper Senior Vice President and CFO | $572.00K | – | $2.56M | $450.10K | $52.22K | $3.63M | +10% |
| Donald L. Reeves Senior Vice President, Outcomes | $489.00K | $800 | $1.41M | $384.75K | $15.75K | $2.30M | +14% |
| John F. Marcolini Senior Vice President, Networked Solutions | $478.00K | $2.60K | $1.43M | $376.21K | $15.75K | $2.30M | +11% |
| Justin K. Patrick Senior Vice President, Device Solutions | $440.00K | $50 | $1.36M | $344.68K | $15.75K | $2.16M | +16% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 5,550 people in our workforce, including 4,987 permanent employees.”
Corporate history
Events identified from SEC filings
See a number that looks wrong?