Itron Inc
Research Itron Inc (ITRI) on Bullrun: valuation model: 32.9% undervalued, market cap USD 4.32B, P/E 16.5. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerITRI
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustryScientific & Technical Instruments
- CurrencyUSD
- Valuation signal32.9% undervalued
- Market capUSD 4.32B
- P/E16.5
- Financial periodQ1 2026
- RevenueUSD 586.98M
- Net incomeUSD 53.46M
- Free cash flowUSD 78.97M
- Gross margin40.3%
Valuation Snapshot
Bullrun's latest valuation model marks Itron Inc as 32.9% undervalued; latest market cap is USD 4.32B; P/E is 16.5.
Peer valuation comparison
Latest P/E is 16.51x versus a Technology sector median of 28.57x (42.2% below).
Latest P/E is 16.51x versus a United States median of 24.87x (33.6% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 2.37B | USD 301.06M | USD 383.06M | 37.7% | 6.5 | USD 1.02B | USD 1.25B | USD 1.72B |
| FY2024 | USD 2.44B | USD 239.11M | USD 207.61M | 34.4% | 5.18 | USD 1.05B | USD 1.24B | USD 1.39B |
| FY2023 | USD 2.17B | USD 96.92M | USD 98.09M | 32.8% | 2.11 | USD 302.05M | USD 454.83M | USD 1.31B |
| FY2022 | USD 1.80B | -USD 9.73M | USD 4.75M | 29.1% | -0.22 | USD 202.01M | USD 452.53M | USD 1.17B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 4.32B | 16.5 | n/a | n/a |
| 2025 | 2025-12-31 | USD 4.17B | 14.3 | n/a | n/a |
| 2024 | 2024-12-31 | USD 4.90B | 21.0 | n/a | n/a |
| 2023 | 2023-12-29 | USD 3.44B | 46.3 | n/a | n/a |
| 2022 | 2022-12-30 | USD 2.29B | n/a | n/a | n/a |
| 2021 | 2021-12-31 | USD 3.09B | n/a | n/a | n/a |
About Itron Inc
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.
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Frequently asked questions
Is Itron Inc overvalued or undervalued?
Bullrun's valuation model currently marks Itron Inc as 32.9% undervalued.
What is Itron Inc's market cap?
Itron Inc's market capitalization is USD 4.32B.
What is Itron Inc's P/E ratio?
Itron Inc's price-to-earnings (P/E) ratio is 16.5.
What does Itron Inc do?
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.