Itron, Inc. (ITRI) stock

ITRINasdaqInstruments For Meas & Testing of Electricity & Elec SignalsFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 27, 2026Score 16/3034% below fair value

$96.41−2.09 (-2.12%)

Close on Nov 12, 2026Market cap $4.23BP/E 15.6Yield –

Itron statistics

104 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 16, 2027 (estimated, before the open)
Last ex-dividend date: No dividends
Fundamentals through: Sep 30, 2026
Share price as of: Nov 12, 2026

Valuation ratiosIndustry

Market Cap: $4.23B; $501.02M
Enterprise Value: $4.99B; $422.54M
PE Ratio: 15.58; 29.97
PS Ratio: 1.82; 3.04
PB Ratio: 2.49; 3.29
P/FCF Ratio: 11.51; 26.37
P/OCF Ratio: 10.71; 22.12

Enterprise valuationIndustry

EV / Sales: 2.15; 2.70
EV / EBITDA: 12.89; 18.53
EV / EBIT: 15.69; 24.04
EV / FCF: 13.57; 27.78

Share statisticsIndustry

Shares Outstanding: 44M; 43M
Shares Change (YoY): -2.52%; 3.22%
Shares Change (QoQ): 0.16%; 0.16%
Float: 43M; 37M
Shares Held by Insiders: 1.65%; 10.5%
Shares Held by Institutions: 118.1%; 60.2%

Short sellingIndustry

Short Interest: 6M; –
Short Interest Change: -0.12%; -2.57%
Short % of Float: 13.8%; 5.12%
Short % of Shares Outstanding: 13.6%; 3.98%
Days to Cover: 7.07; 3.94

Stock price statisticsIndustry

52-Week High: $108.20; –
52-Week Low: $77.77; –
20-Day Moving Average: $93.40; –
50-Day Moving Average: $91.27; –
200-Day Moving Average: $90.91; –
Average True Range (14): $3.26; –
Price Change (1 Week): -3.07%; 2.01%
Price Change (1 Month): 14.2%; -0.57%
Price Change (3 Months): -5.07%; -7.91%
Price Change (6 Months): 18.3%; -0.90%
Price Change (YTD): 3.82%; -0.82%
Price Change (1 Year): -6.80%; -1.18%
Price Change (3 Years): 51.8%; 6.56%
Price Change (5 Years): 33.6%; -49.8%
Price Change (10 Years): 59.8%; 57.3%
Average Volume (10 Days): 674,730; –
Average Volume (20 Days): 774,653; –
Average Volume (90 Days): 733,174; –
Relative Volume: 0.63; 0.82
Relative Strength Index (14): 55.4; 47.7
Volatility (1 Year): 42.3%; 64.2%
Beta (5 Years): 1.25; 1.05

MarginsIndustry

Gross Margin: 40.7%; 55.9%
Operating Margin: 13.7%; -5.17%
Pretax Margin: 14.2%; -2.55%
Profit Margin: 12.1%; -9.23%
EBITDA Margin: 16.7%; -2.82%
FCF Margin: 15.8%; 0.40%

Returns on capitalIndustry

Return on Equity (ROE): 16.5%; -17.1%
Return on Assets (ROA): 7.15%; -12.2%
Return on Invested Capital (ROIC): 13.4%; -3.22%
Return on Capital Employed (ROCE): 9.03%; -8.13%

Financial positionIndustry

Current Ratio: 2.83; 2.45
Quick Ratio: 1.97; 1.53
Debt / Equity: 0.93; 0.42
Debt / EBITDA: 4.08; 2.19
Debt / FCF: 4.29; 3.62
Net Debt / EBITDA: 1.91; 1.53
Interest Coverage: 13.82; -1.68

GrowthIndustry

Revenue Growth (YoY): -3.63%; 9.24%
Net Income Growth (YoY): 8.62%; 13.4%
EPS Growth (YoY): 11.3%; 15.1%
FCF Growth (YoY): 7.55%; 7.64%
Revenue Growth (3Y CAGR): 9.65%; 7.08%
Revenue Growth (5Y CAGR): 1.72%; 11.8%

EfficiencyIndustry

Asset Turnover: 0.59; 0.59
Inventory Turnover: 5.14; 2.20
Revenue Per Employee: $418.18K; $330.60K
Profits Per Employee: $50.40K; -$41.39K
Employee Count: 5,550; 186
WACC: 9.25%; 9.71%

Income statement (TTM)Industry

Revenue: $2.32B; $106.81M
Gross Profit: $943.57M; $62.29M
Operating Income: $317.79M; -$4.10M
Pretax Income: $330.23M; -$1.69M
Net Income: $279.73M; -$6.19M
EBITDA: $386.69M; -$1.98M
EPS (Diluted): $6.19; -$0.08

Balance sheetIndustry

Cash & Short-Term Investments: $840.32M; $38.08M
Total Debt: $1.58B; $96.00M
Net Cash (Debt): -$736.72M; $3.73M
Net Cash Per Share: -$16.80; $0.24
Equity (Book Value): $1.70B; $63.44M
Book Value Per Share: $38.73; $3.26
Tangible Book Value: -$246.72M; $11.04M
Working Capital: $1.09B; $56.85M

Cash flow (TTM)Industry

Operating Cash Flow: $394.87M; -$541.49K
Capital Expenditures: -$27.35M; -$3.69M
Free Cash Flow: $367.51M; -$387.37K
FCF Per Share: $8.38; -$0.01

Dividends and yieldsIndustry

Earnings Yield: 6.62%; -4.70%
FCF Yield: 8.69%; 0.24%
Buyback Yield: 5.88%; 0.79%
Shareholder Yield: 5.88%; 1.05%

Taxes and interestIndustry

Interest Expense: $23.00M; $5.33M
Income Tax: $48.89M; $1.63M
Effective Tax Rate: 14.8%; 18.3%

Scores and fair valueIndustry

Graham Number: $73.45; $38.11
Graham Upside: -23.8%; -56.3%
Altman Z-Score: 2.29; 2.44
Piotroski F-Score: 6; 5
Beneish M-Score: -2.44; -2.64

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	ITRI	S&P 500	Difference	ITRI per year	S&P 500 per year
1 month	+12.7%	-2.7%	+15.4 pts
3 months	-6.0%	-1.7%	−4.3 pts
Year to date	+3.8%	+11.9%	−8.1 pts
1 year	-8.1%	+12.0%	−20.1 pts
3 years	+52.2%	+78.2%	−26.0 pts	+15.0%	+21.2%
5 years	+33.6%	+73.2%	−39.6 pts	+6.0%	+11.6%
10 years	+59.8%	+309.6%	−249.9 pts	+4.8%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

6M ITRI shares were sold short on Oct 30, 2026, down 0.1% from the previous report, or 13.83% of the shares available to trade. At recent volumes it would take 7.1 days to buy them back. Over the last 20 sessions, 68.0% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	5,965,890	-0.1%	844,077	7.1
Oct 15, 2026	5,973,259	+0.4%	573,693	10.4
Sep 30, 2026	5,952,401	-2.6%	672,887	8.8
Sep 15, 2026	6,112,622	-1.9%	452,153	13.5
Aug 31, 2026	6,230,253	+4.3%	491,456	12.7
Aug 14, 2026	5,971,389	+0.1%	686,324	8.7
Jul 31, 2026	5,962,964	-2.6%	1,459,609	4.1
Jul 15, 2026	6,124,005	-2.7%	501,384	12.2
Jun 30, 2026	6,294,864	+7.8%	790,373	8.0
Jun 15, 2026	5,837,815	-0.1%	573,607	10.2
May 29, 2026	5,842,731	-3.0%	686,489	8.5
May 15, 2026	6,025,724	+2.5%	684,706	8.8