Itron (ITRI) FCF Margin (2009 - 2026)
Itron's FCF Margin came in at 14.48% for Q2 2026, down 0.47 percentage points from 14.94% a year earlier but up 1.02 percentage points from the prior quarter.
Itron (ITRI) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Itron reported FCF Margin of 16.73%, up 4.98 percentage points year-over-year; for FY2025, it came in at 16.18%, up 7.68 percentage points from FY2024.
- FCF Margin has increased in each of the last three years, with a five-year change of +13.27 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 8.51% in FY2024 (+3.99 pp), 4.51% in FY2023 (+4.25 pp), 0.26% in FY2022 (-5.80 pp) and 6.06% in FY2021 (+3.15 pp).
- The five-year range for quarterly FCF Margin is -3.83% (Q4 2022) to 19.51% (Q4 2025).
- Year-over-year, FCF Margin increased in seven of the last eight quarters, with an average year-over-year change of +5.26 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2023 (a gain of 10.64 percentage points), and the weakest in Q2 2022 (a drop of 10.75 percentage points).
- Business Quant data shows ITRI's FCF Margin at 13.45% (Q1 2026), 19.51% (Q4 2025) and 19.50% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 18.42% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 13.72% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 12.45% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 10.24% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 27.16% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 28.30% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 27.13% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 11.74% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 14.67% |
| 10 | Itron | 3.87 Bn | 85.07 Mn | 230.64 Mn | 14.48% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.48% |
| Mar 31, 2026 | 13.45% |
| Dec 31, 2025 | 19.51% |
| Sep 30, 2025 | 19.50% |
| Jun 30, 2025 | 14.94% |
| Mar 31, 2025 | 11.11% |
| Dec 31, 2024 | 11.45% |
| Sep 30, 2024 | 9.53% |
| Jun 30, 2024 | 7.32% |
| Mar 31, 2024 | 5.66% |
| Dec 31, 2023 | 6.81% |
| Sep 30, 2023 | 5.04% |
| Jun 30, 2023 | 6.65% |
| Mar 31, 2023 | -1.11% |
| Dec 31, 2022 | -3.83% |
| Sep 30, 2022 | 2.53% |
| Jun 30, 2022 | 2.26% |
| Mar 31, 2022 | 0.47% |
| Dec 31, 2021 | 1.39% |
| Sep 30, 2021 | 2.29% |
Itron FCF 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=fcf-margin&ticker=ITRI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=ITRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();