Itron (ITRI) EBITDA Margin (2009 - 2026)
Itron (ITRI) recorded EBITDA Margin of 16.82% in Q2 2026, up 2.23 percentage points from 14.59% a year earlier and up 2.15 percentage points from the prior quarter.
Itron (ITRI) EBITDA Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Itron's EBITDA Margin came in at 15.92% as of Jun 30, 2026, up 1.85 percentage points year-over-year; for FY2025, it was 15.32%, up 2.19 percentage points from FY2024.
- Annual EBITDA Margin has increased for four straight years, with a five-year change of +11.32 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 13.13% in FY2024 (+4.63 pp), 8.49% in FY2023 (+5.19 pp), 3.30% in FY2022 (+3.06 pp) and 0.24% in FY2021 (-3.75 pp).
- The Q2 2026 figure is the highest quarterly EBITDA Margin since Q1 2009.
- On a year-over-year basis, EBITDA Margin has increased for 13 consecutive quarters, with an average year-over-year change of +1.90 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 24.14 percentage points in Q4 2022, against a drop of 29.00 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 14.67% (Q1 2026), 16.09% (Q4 2025) and 16.13% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 334.06 Bn | 305.75 Bn | 7.76 Bn | 23.91% |
| 2 | Amphenol | 195.22 Bn | 189.80 Bn | 3.55 Bn | 33.41% |
| 3 | Deere | 170.77 Bn | 138.86 Bn | 4.66 Bn | 19.50% |
| 4 | Eaton | 148.39 Bn | 145.58 Bn | 2.86 Bn | 20.99% |
| 5 | Parker-Hannifin | 119.49 Bn | 117.61 Bn | 2.25 Bn | 27.98% |
| 6 | Emerson Electric | 89.58 Bn | 82.32 Bn | 2.66 Bn | 34.66% |
| 7 | 3M | 88.93 Bn | 70.33 Bn | 2.68 Bn | 20.29% |
| 8 | Illinois Tool Works | 78.81 Bn | 75.37 Bn | 1.90 Bn | 28.95% |
| 9 | Vertiv Holdings | 78.25 Bn | 68.87 Bn | 1.23 Bn | 23.04% |
| 10 | Itron | 3.73 Bn | -81.31 Mn | 230.64 Mn | 17.17% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.17% |
| Mar 31, 2026 | 14.99% |
| Dec 31, 2025 | 16.38% |
| Sep 30, 2025 | 16.44% |
| Jun 30, 2025 | 14.89% |
| Mar 31, 2025 | 14.83% |
| Dec 31, 2024 | 13.03% |
| Sep 30, 2024 | 14.70% |
| Jun 30, 2024 | 12.99% |
| Mar 31, 2024 | 12.67% |
| Dec 31, 2023 | 11.08% |
| Sep 30, 2023 | 12.39% |
| Jun 30, 2023 | 9.23% |
| Mar 31, 2023 | 1.00% |
| Dec 31, 2022 | 6.29% |
| Sep 30, 2022 | 5.97% |
| Jun 30, 2022 | -3.76% |
| Mar 31, 2022 | 5.15% |
| Dec 31, 2021 | -17.85% |
| Sep 30, 2021 | 7.92% |
Itron EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ITRI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "ITRI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ITRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();