Touchstone
Last syncNov 1, 2026, 6:55 PM ET

ITRI

Itron, Inc. Information Technology Instruments For Meas & Testing of Electricity & Elec Signals Russell 3000
$95.82Close $4.3BMarket cap $78.02 – $108.9952-week range Late-januaryNext report · estimated

Highlights

Cautions

  • Not in an uptrend 4 of 8 trend conditions
  • Lagging the market RS 32 · weaker than 68% of stocks over 12 months

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 27, 2026
Off 12-month high 12%
1wk up 9.3% price change
1mo up 11.0% price change
12-month return down 12% market up 11% · its own down 42%
F-score 6 / 9 Mixed
Altman Z 2.52 Moderate risk
P/E 14.3× price / earnings
PEG 0.56 P/E / EPS growth
P/B 2.5× price / book
Earnings yield up 7.7% EBIT / enterprise value
Cheaper than 78% of the market · cheap
Revenue growth down 3% year on year
EPS growth up 14% latest quarter · +33 pts
Sales growth up 3% latest quarter · +10 pts
ROE up 19% return on equity
Free cash margin up 16% $383.1M FCF
D/E 0.46 long-term debt / equity
Net debt / EBITDA -0.6× net cash
Interest cover —EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • short-term liquidity weakened
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • reduced long-term debt
  • no new shares issued
  • gross margin widened

Repair signals

  • Long-term debt down 37% ($1.2B → $0.8B)
  • Gross margin 34.4% → 37.7%

Trade setup

ATR% 3.4% $3.22 a day · 2×ATR $89.38
RS 32 / 99 vs the universe
Trend 4 / 8 trend template
Relative volume 1.2× vs 50-day average
Up/down volume 1.10 50 sessions
Implied move — no scheduled report
Trend template · 4 of 8
  • Price above the 150 and 200-day averages: passes
  • 150-day average above the 200-day: fails
  • 200-day average rising for a month: fails
  • 50-day average above the 150 and 200-day: passes
  • Price above the 50-day average: passes
  • At least 30% above the 52-week low: fails
  • Within 25% of the 52-week high: passes
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Revenue shrinking Revenue fell 3.0% over the year, from $2.4B to $2.4B.
Last reported Oct 27, 2026
Results reaction Oct 27, 2026+5% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $2.4B -3% on FY2024
$0 $2.5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $2.2B FY2021 · $2.0B FY2022 · $1.8B FY2023 · $2.2B FY2024 · $2.4B FY2025 · $2.4B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $301.1M +26% on FY2024
-$100M $0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$58.0M FY2021 · -$81.3M FY2022 · -$9.7M FY2023 · $96.9M FY2024 · $239.1M FY2025 · $301.1M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $383.1M +85% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $63.3M FY2021 · $120.1M FY2022 · $4.8M FY2023 · $98.1M FY2024 · $207.6M FY2025 · $383.1M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 38%
  • Net 13%
  • Free cash 16%
0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 28% · Net -3% · Free cash 3% FY2021 · Gross 29% · Net -4% · Free cash 6% FY2022 · Gross 29% · Net -1% · Free cash 0% FY2023 · Gross 33% · Net 4% · Free cash 5% FY2024 · Gross 34% · Net 10% · Free cash 9% FY2025 · Gross 38% · Net 13% · Free cash 16%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $231.6M net cash
  • Cash
  • Long-term debt
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $206.9M · Long-term debt $902.6M FY2021 · Cash $162.6M · Long-term debt $450.2M FY2022 · Cash $202.0M · Long-term debt $452.5M FY2023 · Cash $302.0M · Long-term debt $454.8M FY2024 · Cash $1.1B · Long-term debt $1.2B FY2025 · Cash $1.0B · Long-term debt $788.8M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 44.93m +11.1% since FY2020
45.51m 40.44m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 40.44m FY2021 · 45.15m FY2022 · 45.19m FY2023 · 45.51m FY2024 · 45.13m FY2025 · 44.93m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $2.2B $2.0B $1.8B $2.2B $2.4B $2.4B
Gross margin 28% 29% 29% 33% 34% 38%
Operating income -$10.4M -$79.3M -$7.4M $128.9M $264.1M $313.1M
Net income -$58.0M -$81.3M -$9.7M $96.9M $239.1M $301.1M
Net margin -3% -4% -1% 4% 10% 13%
Earnings per share -$1.44 -$1.83 -$0.22 $2.11 $5.18 $6.50
Free cash flow $63.3M $120.1M $4.8M $98.1M $207.6M $383.1M
Free cash margin 3% 6% 0% 5% 9% 16%
Cash $206.9M $162.6M $202.0M $302.0M $1.1B $1.0B
Long-term debt $902.6M $450.2M $452.5M $454.8M $1.2B $788.8M
Shareholders' equity $816.5M $1.1B $1.2B $1.3B $1.4B $1.7B
Shares outstanding 40.44m 45.15m 45.19m 45.51m 45.13m 44.93m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 27, 2026 Quarterly ↗ Sep 30, 2026 27d
Jul 28, 2026 Quarterly ↗ Jun 30, 2026 28d
Apr 28, 2026 Quarterly ↗ Mar 31, 2026 28d
Feb 17, 2026 Annual ↗ Dec 31, 2025 48d
Oct 30, 2025 Quarterly ↗ Sep 30, 2025 30d
Jul 31, 2025 Quarterly ↗ Jun 30, 2025 31d
May 1, 2025 Quarterly ↗ Mar 31, 2025 31d
Feb 25, 2025 Annual ↗ Dec 31, 2024 56d
Oct 31, 2024 Quarterly ↗ Sep 30, 2024 31d
Aug 1, 2024 Quarterly ↗ Jun 30, 2024 32d
May 2, 2024 Quarterly ↗ Mar 31, 2024 32d
Feb 26, 2024 Annual ↗ Dec 31, 2023 57d

Current reports

FiledDisclosed
Oct 27, 2026 Results ↗
Jul 28, 2026 Results ↗
May 8, 2026 Shareholder vote · Other events ↗
Apr 28, 2026 Results ↗
Apr 24, 2026 Other events ↗
Feb 26, 2026 Material agreement · New obligation · Unregistered share sale · Other events ↗
Feb 17, 2026 Results ↗
Nov 17, 2025 Material agreement · Regulation FD ↗
Nov 10, 2025 Other events ↗
Oct 30, 2025 Results ↗
Oct 6, 2025 Regulation FD · Other events ↗
Sep 29, 2025 Material agreement · New obligation ↗