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 three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and commu… Read more
Itron Inc (ITRI) - Net Assets
Latest net assets as of September 2025: $1.71 Billion USD
Based on the latest financial reports, Itron Inc (ITRI) has net assets worth $1.71 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.71 Billion) and total liabilities ($2.00 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.71 Billion |
| % of Total Assets | 46.17% |
| Annual Growth Rate | 10.11% |
| 5-Year Change | 67.97% |
| 10-Year Change | 117.26% |
| Growth Volatility | 33.15 |
Itron Inc - Net Assets Trend (1993–2024)
This chart illustrates how Itron Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Itron Inc (1993–2024)
The table below shows the annual net assets of Itron Inc from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.41 Billion | +6.01% |
| 2023-12-31 | $1.33 Billion | +11.74% |
| 2022-12-31 | $1.19 Billion | +4.27% |
| 2021-12-31 | $1.14 Billion | +36.00% |
| 2020-12-31 | $840.27 Million | +4.93% |
| 2019-12-31 | $800.82 Million | +9.10% |
| 2018-12-31 | $734.05 Million | -8.89% |
| 2017-12-31 | $805.63 Million | +23.88% |
| 2016-12-31 | $650.35 Million | +0.11% |
| 2015-12-31 | $649.64 Million | -9.08% |
| 2014-12-31 | $714.48 Million | -18.16% |
| 2013-12-31 | $872.97 Million | -13.53% |
| 2012-12-31 | $1.01 Billion | +11.31% |
| 2011-12-31 | $906.92 Million | -36.50% |
| 2010-12-31 | $1.43 Billion | +1.98% |
| 2009-12-31 | $1.40 Billion | +35.26% |
| 2008-12-31 | $1.04 Billion | +36.45% |
| 2007-12-31 | $758.80 Million | +94.08% |
| 2006-12-31 | $390.98 Million | +23.13% |
| 2005-12-31 | $317.53 Million | +72.17% |
| 2004-12-31 | $184.43 Million | +4.05% |
| 2003-12-31 | $177.24 Million | +9.68% |
| 2002-12-31 | $161.60 Million | +112.49% |
| 2001-12-31 | $76.05 Million | +40.72% |
| 2000-12-31 | $54.04 Million | +13.77% |
| 1999-12-31 | $47.50 Million | -58.70% |
| 1998-12-31 | $115.00 Million | -4.49% |
| 1997-12-31 | $120.40 Million | +5.43% |
| 1996-12-31 | $114.20 Million | +4.96% |
| 1995-12-31 | $108.80 Million | +15.25% |
| 1994-12-31 | $94.40 Million | +32.40% |
| 1993-12-31 | $71.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Itron Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 18570400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.69 Billion | 121.52% |
| Other Comprehensive Income | $-109.93 Million | -7.91% |
| Total Equity | $1.39 Billion | 100.00% |
Itron Inc Competitors by Market Cap
The table below lists competitors of Itron Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MSC Industrial Direct Company Inc
NYSE:MSM
|
$4.10 Billion |
|
Sundaram Finance Limited
NSE:SUNDARMFIN
|
$4.11 Billion |
|
China Greatwall Computer Shenzhen Co Ltd
SHE:000066
|
$4.11 Billion |
|
Frontline Ltd
NYSE:FRO
|
$4.11 Billion |
|
Topicus.com Inc
PINK:TOITF
|
$4.09 Billion |
|
Renk Group AG
XETRA:R3NK
|
$4.09 Billion |
|
Jyske Bank A/S
PINK:JYSKF
|
$4.09 Billion |
|
Zhejiang Yinlun Machinery Co Ltd
SHE:002126
|
$4.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Itron Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,310,911,000 to 1,390,600,000, a change of 79,689,000 (6.1%).
- Net income of 239,105,000 contributed positively to equity growth.
- Share repurchases of 100,000,000 reduced equity.
- New share issuances of 8,321,000 increased equity.
- Other comprehensive income decreased equity by 28,741,000.
- Other factors decreased equity by 38,996,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $239.10 Million | +17.19% |
| Share Repurchases | $100.00 Million | -7.19% |
| Share Issuances | $8.32 Million | +0.6% |
| Other Comprehensive Income | $-28.74 Million | -2.07% |
| Other Changes | $-39.00 Million | -2.8% |
| Total Change | $- | 6.08% |
Book Value vs Market Value Analysis
This analysis compares Itron Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.07x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11.51x to 3.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $8.02 | $92.31 | x |
| 1994-12-31 | $9.44 | $92.31 | x |
| 1995-12-31 | $8.73 | $92.31 | x |
| 1996-12-31 | $8.04 | $92.31 | x |
| 1997-12-31 | $8.27 | $92.31 | x |
| 1998-12-31 | $7.84 | $92.31 | x |
| 1999-12-31 | $3.20 | $92.31 | x |
| 2000-12-31 | $3.51 | $92.31 | x |
| 2001-12-31 | $4.04 | $92.31 | x |
| 2002-12-31 | $7.56 | $92.31 | x |
| 2003-12-31 | $8.15 | $92.31 | x |
| 2004-12-31 | $8.82 | $92.31 | x |
| 2005-12-31 | $12.82 | $92.31 | x |
| 2006-12-31 | $14.88 | $92.31 | x |
| 2007-12-31 | $25.65 | $92.31 | x |
| 2008-12-31 | $29.62 | $92.31 | x |
| 2009-12-31 | $36.34 | $92.31 | x |
| 2010-12-31 | $34.88 | $92.31 | x |
| 2011-12-31 | $22.33 | $92.31 | x |
| 2012-12-31 | $24.87 | $92.31 | x |
| 2013-12-31 | $21.77 | $92.31 | x |
| 2014-12-31 | $17.79 | $92.31 | x |
| 2015-12-31 | $16.41 | $92.31 | x |
| 2016-12-31 | $16.34 | $92.31 | x |
| 2017-12-31 | $19.97 | $92.31 | x |
| 2018-12-31 | $18.16 | $92.31 | x |
| 2019-12-31 | $19.42 | $92.31 | x |
| 2020-12-31 | $20.29 | $92.31 | x |
| 2021-12-31 | $25.19 | $92.31 | x |
| 2022-12-31 | $25.91 | $92.31 | x |
| 2023-12-31 | $28.60 | $92.31 | x |
| 2024-12-31 | $30.11 | $92.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Itron Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.80%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.45x
- Recent ROE (17.19%) is above the historical average (-3.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 6.03% | 4.85% | 0.90x | 1.39x | $-2.83 Million |
| 1994 | 8.47% | 6.63% | 1.01x | 1.26x | $-1.44 Million |
| 1995 | 9.28% | 6.50% | 1.06x | 1.35x | $-780.00K |
| 1996 | -1.31% | -0.84% | 0.95x | 1.64x | $-12.92 Million |
| 1997 | 0.83% | 0.46% | 0.90x | 2.00x | $-11.04 Million |
| 1998 | -5.39% | -2.57% | 0.97x | 2.15x | $-17.70 Million |
| 1999 | -144.42% | -35.47% | 1.01x | 4.04x | $-73.35 Million |
| 2000 | 8.62% | 2.53% | 1.03x | 3.29x | $-747.30K |
| 2001 | 17.69% | 5.96% | 1.11x | 2.67x | $5.84 Million |
| 2002 | 5.37% | 3.05% | 1.15x | 1.53x | $-7.48 Million |
| 2003 | 5.91% | 3.31% | 1.04x | 1.71x | $-7.25 Million |
| 2004 | -2.85% | -1.32% | 0.72x | 3.02x | $-23.70 Million |
| 2005 | 10.41% | 5.98% | 0.92x | 1.89x | $1.31 Million |
| 2006 | 8.63% | 5.24% | 0.65x | 2.53x | $-5.34 Million |
| 2007 | -2.13% | -1.10% | 0.48x | 4.02x | $-92.02 Million |
| 2008 | 2.71% | 1.47% | 0.67x | 2.77x | $-75.48 Million |
| 2009 | -0.16% | -0.13% | 0.59x | 2.04x | $-142.30 Million |
| 2010 | 7.34% | 4.64% | 0.82x | 1.92x | $-38.06 Million |
| 2011 | -56.25% | -20.96% | 1.18x | 2.28x | $-600.85 Million |
| 2012 | 10.90% | 4.97% | 1.04x | 2.10x | $8.98 Million |
| 2013 | -17.91% | -7.86% | 1.04x | 2.20x | $-238.68 Million |
| 2014 | -3.40% | -1.20% | 1.15x | 2.45x | $-93.36 Million |
| 2015 | 2.01% | 0.68% | 1.14x | 2.60x | $-50.49 Million |
| 2016 | 5.03% | 1.58% | 1.28x | 2.50x | $-31.39 Million |
| 2017 | 7.29% | 2.84% | 0.96x | 2.68x | $-21.34 Million |
| 2018 | -13.93% | -4.18% | 0.91x | 3.66x | $-170.52 Million |
| 2019 | 6.31% | 1.96% | 0.92x | 3.49x | $-28.65 Million |
| 2020 | -7.10% | -2.67% | 0.83x | 3.19x | $-139.61 Million |
| 2021 | -7.28% | -4.10% | 0.83x | 2.14x | $-192.86 Million |
| 2022 | -0.83% | -0.54% | 0.76x | 2.04x | $-126.58 Million |
| 2023 | 7.39% | 4.46% | 0.83x | 1.99x | $-34.17 Million |
| 2024 | 17.19% | 9.80% | 0.72x | 2.45x | $100.05 Million |
Industry Comparison
This section compares Itron Inc's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $11,768,865,158
- Average return on equity (ROE) among peers: -20.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Itron Inc (ITRI) | $1.71 Billion | 6.03% | 1.17x | $4.09 Billion |
| Autoscope Technologies Corp (AATC) | $4.38 Million | -1.14% | 0.21x | $31.60 Million |
| Acorn Energy, Inc. Common Stock (ACFN) | $51.95 Million | -32.17% | 0.30x | $23.47 Million |
| Applied Energetics (AERG) | $21.23 Million | 0.00% | 0.11x | $135.01 Million |
| Ainos Inc (AIMD) | $-3.37 Million | 0.00% | 0.00x | $3.44 Million |
| Anritsu Corporation (AITUF) | $117.52 Billion | 7.89% | 0.30x | $957.96 Million |
| Arbe Robotics Ltd (ARBE) | $40.82 Million | -110.67% | 0.83x | $68.16 Million |
| Haber Inc (ASPT) | $-261.09K | 0.00% | 0.00x | $0.95 |
| Attune RTD Inc (AURT) | $-383.55K | 0.00% | 0.00x | $0.93 |
| AERWINS Technologies Inc. (AWIN) | $15.29 Million | -82.06% | 0.80x | $92.43 |
| Badger Meter Inc (BMI) | $44.01 Million | 15.77% | 1.24x | $4.38 Billion |