Itron, Inc. (ITRI) is a publicly traded company in the Technology — Hardware, Equipment & Parts industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.
Is Itron, Inc. stock overvalued or undervalued in 2026?
Itron, Inc. (ITRI) trades at 15.5× earnings (P/E), below the median of the 314 technology companies over $2bn in Kaplio's universe. At its sector median (32.0×) $192 (+107 %).
Kaplio overview: Itron, Inc.
Market cap $4B · 52 weeks $78 – $138 (32 % below the high) · P/E 15.5× · 2027 expected P/E 13.2× · Dividend none · Next earnings February 16, 2027 · expected EPS $1.79 · Closing price, Oct 28 · accounts published Oct 27.
- Valuation: P/E 15.5× (cheap).
- Business: ROIC 8 % (weak).
- Balance sheet: Net debt/EBITDA 0.6× (solid).
- Earnings: 8 of 8 (on track).
What would it be worth at its usual multiples?
At its sector median (32.0×) $192 (+107 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in technology: 4 of 7 pass
- 3y revenue growth 9.3 %, fails.
- FCF / Revenue 16.1 %, fails.
- ROIC 7.7 %, fails.
- Gross margin 37.7 %, passes, near the threshold.
- SBC / Revenue 0.0 %, passes.
- Net debt / EBITDA 0.6×, passes.
- EV/EBITDA vs own 5y 11.9×, passes.
Against its peers (reference peers) — Itron, Inc.: P/E 15.5×; EV/EBITDA 11.9×; ROIC 7.7 %; $4.1B. Sensata Technologies Holding plc (P/E 65.9×; EV/EBITDA 6.6×; ROIC 7.9 %; $5.9B), Badger Meter, Inc. (P/E 33.3×; EV/EBITDA 21.6×; ROIC 15.6 %; $4.2B), Digi International Inc. (P/E 62.1×; EV/EBITDA 26.9×; ROIC 6.6 %; $3.0B).
Profitability
| Return on Equity | 16.85% |
| Return on Invested Capital | 7.70% |
| Return on Assets | 6.79% |
| Gross Margin | 40.66% |
| Operating Margin | 13.70% |
| Net Margin | 12.05% |
Financial Health
| Debt / Equity | 0.95 |
| Current Ratio | 2.83 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 2.50 |
Price Performance
| 1 month | +8.19% |
| 3 months | -5.13% |
| Year-to-date | +1.82% |
| 1 year | -31.57% |
| 3 years | +66.40% |
| 5 years | +21.58% |
| 10 years | +75.42% |
Related companies: DGII · ST · BMI · MAW.L · APH · 0HFB.L · GLW · 0R2X.L
Explore sector: Technology · Hardware, Equipment & Parts
More sections of ITRI: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks