Itron (ITRI) Asset Utilization Ratio (2010 - 2026)
Itron (ITRI) reported Asset Utilization Ratio of 0.33 for Q1 2026, down 53.62% on a YoY basis from 0.71 in Q1 2025, and down 4.99% quarter-over-quarter from 0.35 in Q4 2025.
Itron (ITRI) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Itron has reported Asset Utilization Ratio for 17 years, with the latest figure at 0.33 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 53.62% year-over-year to 0.33; the trailing twelve-month figure through Mar 2026 stood at 0.33 (down 53.62% YoY), and the FY2025 full-year result was 0.66, down 18.21% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.33, down from 0.35 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.86 in Q1 2024, with the low at 0.33 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 0.69 across 5 years, with a median of 0.76 in 2022.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio rose 14.89% — and 2026, when it sank 53.62%.
- Itron's Asset Utilization Ratio stood at 0.76 in 2022, then climbed by 11.1% to 0.85 in 2023, then fell by 15.19% to 0.72 in 2024, then plunged by 52.08% to 0.35 in 2025, then slipped by 4.99% to 0.33 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.33 (Q1 2026), 0.35 (Q4 2025), and 0.36 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 73.42 Bn | 72.12 Bn | 679.95 Mn | 0.41 |
| 2 | Keysight Technologies | 60.20 Bn | 58.02 Bn | 995.00 Mn | 0.50 |
| 3 | Garmin | 45.90 Bn | 43.20 Bn | 1.04 Bn | 0.68 |
| 4 | Teledyne Technologies | 28.94 Bn | 28.64 Bn | 673.80 Mn | 0.40 |
| 5 | Mks | 24.00 Bn | 23.43 Bn | 507.00 Mn | 0.46 |
| 6 | Fortive | 18.63 Bn | 18.28 Bn | 675.50 Mn | 0.36 |
| 7 | Trimble | 11.82 Bn | 11.59 Bn | 646.30 Mn | 0.40 |
| 8 | Cognex | 10.60 Bn | 10.31 Bn | 190.94 Mn | 0.52 |
| 9 | Esco Technologies | 8.14 Bn | 8.05 Bn | 131.32 Mn | 0.52 |
| 10 | Itron | 3.60 Bn | 2.91 Bn | 236.32 Mn | 0.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.33 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.36 |
| Jun 30, 2025 | 0.52 |
| Mar 31, 2025 | 0.71 |
| Dec 31, 2024 | 0.72 |
| Sep 30, 2024 | 0.72 |
| Jun 30, 2024 | 0.79 |
| Mar 31, 2024 | 0.86 |
| Dec 31, 2023 | 0.85 |
| Sep 30, 2023 | 0.82 |
| Jun 30, 2023 | 0.78 |
| Mar 31, 2023 | 0.75 |
| Dec 31, 2022 | 0.76 |
| Sep 30, 2022 | 0.78 |
| Jun 30, 2022 | 0.80 |
| Mar 31, 2022 | 0.80 |
| Dec 31, 2021 | 0.82 |
| Sep 30, 2021 | 0.82 |
| Jun 30, 2021 | 0.77 |