📊 ITRI Key Takeaways
Is ITRI a Good Investment? Thesis Analysis
Itron demonstrates solid operational profitability with a 13.2% operating margin and exceptional cash generation (FCF of $383.1M representing 16.2% of revenue), though revenue declined 3% YoY indicating market headwinds. Strong balance sheet metrics (1.8x current ratio, 0.74x debt/equity, 32x interest coverage) and robust returns on equity (17.5%) position the company to weather near-term challenges and capitalize on recovery opportunities.
Why Buy ITRI? Key Strengths
- Exceptional free cash flow generation at $383.1M with 16.2% FCF margin demonstrating strong capital efficiency
- Healthy balance sheet with $1.0B cash, conservative 0.74x debt/equity ratio, and 32x interest coverage indicating low financial distress risk
- Solid profitability metrics with 37.7% gross margin, 13.2% operating margin, and 12.7% net margin providing operational leverage
- Strong returns metrics with 17.5% ROE and 8.1% ROA showing effective capital deployment despite revenue decline
ITRI Investment Risks to Consider
- Revenue decline of 3% YoY suggests demand weakness or market share loss in core electricity measurement products requiring investigation
- Net income essentially flat YoY despite positive EPS growth driven by share count reduction, masking potential operational challenges
- High insider trading activity (42 Form 4 filings in 90 days) warrants monitoring for potential information asymmetry or confidence concerns
- Debt burden of $1.3B represents substantial obligation; ability to service requires sustained cash flow generation
Key Metrics to Watch
- Revenue trend reversal and organic growth acceleration in coming quarters
- Operating margin stability and gross margin sustainability amid competitive pressures
- Free cash flow consistency and capital allocation priorities (debt reduction vs. growth investment)
- Customer concentration and order book trends in utility meter and grid modernization end markets
ITRI Financial Metrics
💡 AI Analyst Insight
ITRON, INC. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
ITRI Profitability Ratios
ITRI vs Default Sector
How ITRON, INC. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is ITRI Overvalued or Undervalued?
Based on fundamental analysis, ITRON, INC. has mixed fundamental signals relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
ITRI Balance Sheet & Liquidity
ITRI 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: ITRON, INC.'s revenue has remained relatively flat over the 5-year period, with a 2% decline. The most recent EPS of $2.11 reflects profitable operations.
ITRI Growth Metrics (YoY)
ITRI Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $581.6M | $65.6M | $1.41 |
| Q2 2025 | $606.8M | $51.3M | $1.10 |
| Q1 2025 | $603.4M | $51.7M | $1.12 |
| Q3 2024 | $560.8M | $40.2M | $0.87 |
| Q2 2024 | $541.1M | $12.4M | $0.27 |
| Q1 2024 | $494.6M | -$11.8M | $-0.26 |
| Q3 2023 | $420.9M | $4.1M | $0.09 |
| Q2 2023 | $431.9M | $12.4M | $0.27 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
ITRI Capital Allocation
ITRI SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for ITRON, INC. (CIK: 0000780571)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ITRI
What is the AI rating for ITRI?
ITRON, INC. (ITRI) has an AI rating of BUY with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are ITRI's key strengths?
Claude: Exceptional free cash flow generation at $383.1M with 16.2% FCF margin demonstrating strong capital efficiency. Healthy balance sheet with $1.0B cash, conservative 0.74x debt/equity ratio, and 32x interest coverage indicating low financial distress risk.
What are the risks of investing in ITRI?
Claude: Revenue decline of 3% YoY suggests demand weakness or market share loss in core electricity measurement products requiring investigation. Net income essentially flat YoY despite positive EPS growth driven by share count reduction, masking potential operational challenges.
What is ITRI's revenue and growth?
ITRON, INC. reported revenue of $2.4B.
Does ITRI pay dividends?
ITRON, INC. does not currently pay dividends.
Where can I find ITRI SEC filings?
Official SEC filings for ITRON, INC. (CIK: 0000780571) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ITRI's EPS?
ITRON, INC. has a diluted EPS of $6.50.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is ITRI a good stock to buy right now?
Based on our AI fundamental analysis in March 2026, ITRON, INC. has a BUY rating with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is ITRI stock overvalued or undervalued?
Valuation metrics for ITRI: ROE of 17.5% (sector avg: 15%), net margin of 12.7% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
Should I buy ITRI stock in 2026?
Our dual AI analysis gives ITRON, INC. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is ITRI's free cash flow?
ITRON, INC.'s operating cash flow is $406.0M, with capital expenditures of $22.9M. FCF margin is 16.2%.
How does ITRI compare to other Default stocks?
Vs Default sector averages: Net margin 12.7% (avg: 12%), ROE 17.5% (avg: 15%), current ratio 1.80 (avg: 1.8).