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Itron (ITRI) Net Margin %

: 7.69% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Itron's Net Income for the three months ended in Dec. 2023 was $44 Mil. Itron's Revenue for the three months ended in Dec. 2023 was $577 Mil. Therefore, Itron's net margin for the quarter that ended in Dec. 2023 was 7.69%.

The historical rank and industry rank for Itron's Net Margin % or its related term are showing as below:

ITRI' s Net Margin % Range Over the Past 10 Years
Min: -4.18   Med: 0.07   Max: 4.46
Current: 4.46


ITRI's Net Margin % is ranked better than
59.5% of 2462 companies
in the Hardware industry
Industry Median: 2.835 vs ITRI: 4.46

Itron Net Margin % Historical Data

The historical data trend for Itron's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Itron Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.96 -2.67 -4.10 -0.54 4.46

Itron Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.75 -2.39 4.47 7.16 7.69

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Itron's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Itron Net Margin % Distribution

For the Hardware industry and Technology sector, Itron's Net Margin % distribution charts can be found below:

* The bar in red indicates where Itron's Net Margin % falls into.



Itron Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Itron's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=96.923/2173.633
=4.46 %

Itron's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=44.386/577.173
=7.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Itron  (NAS:ITRI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Itron Net Margin % Related Terms

Thank you for viewing the detailed overview of Itron's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Itron (ITRI) Business Description

Traded in Other Exchanges
Address
2111 North Molter Road, Liberty Lake, WA, USA, 99019
Itron Inc provides solutions that measure, manage and analyze energy and water use. It operates under the Itron brand and manages and reports under three operating segments: Device Solutions, Networked Solutions, and Outcomes. The device Solutions segment includes hardware products used for measurement, control, or sense that do not have communications capability embedded for use with broader Itron systems.The networked Solutions segment includes a combination of communicating devices, network infrastructure, and associated application software designed and sold as a complete solution. The outcome segment includes their value-added, enhanced software and services which manage, organize, analyze, and interpret data to improve decision making, maximize operational profitability.
Executives
John F. Marcolini officer: SVP, Networked Solutions C/O ITRON, INC., 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Reeves Donald L. Iii officer: SVP Outcomes 555 BROADWAY STREET, REDWOOD CITY CA 94063
Sanjay Mirchandani director 188 MINNA STREET, #29C, SAN FRANCISCO CA 94105
Christopher E. Ware officer: VP, General Counsel & Corp Sec 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Laurie Ann Pulatie-hahn officer: SVP, HR 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Michel Cadieux officer: SVP, HR 2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Thomas Deitrich officer: EVP, COO C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DR WEST, TX30/OE19, AUSTIN TX 78735
Joan S Hooper officer: SVP & CFO ONE DELL WAY, ROUND ROCK TX 78682
Justin K Patrick officer: SVP, Device Solutions 1157 CANARY LANE, GRAFTON WI 53024
Mary C. Hemmingsen director 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Sarah E. Hlavinka officer: SVP. Gen. Counsel & Corp. Sec 2111 N MOLTER RD, LIBERTY LAKE WA 99019
Lynda L. Ziegler director, officer: Chair of the Board C/O ITRON, INC., 2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Thomas S Glanville director 2818 N SULLIVAN ROAD, SPOLANE WA 99216
Santiago Perez director 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Sharelynn Faye Moore officer: SVP, Networks 424 W. HIGH DRIVE, SPOKANE WA 99203