Itron (ITRI) Invested Capital (2009 - 2026)
Itron (ITRI) reported Invested Capital of $3.21 billion for Q2 2026, up 11.6% from $2.88 billion a year earlier and up 0.3% from the prior quarter.
Powered by 
Analysis
Itron (ITRI) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Itron posted Invested Capital of $2.99 billion, up 12.5% from FY2024.
- Invested Capital has increased for four consecutive years, with a five-year compound annual growth rate of 11.1% (FY2020 to FY2025).
- By year, Invested Capital came in at $2.65 billion in FY2024 (+48.6%), $1.79 billion in FY2023 (+8.6%), $1.64 billion in FY2022 (+3.2%) and $1.59 billion in FY2021 (-9.6%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital in data going back to Q4 2009.
- Year over year, Invested Capital has now increased in each of the last 15 quarters, with growth averaging 27.5% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q3 2024 (growth of 52.4%); the low point was Q1 2022 (a decline of 22.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.2 billion (Q1 2026), $2.99 billion (Q4 2025) and $2.96 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 64.54 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 34.42 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 51.21 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 40.91 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 23.93 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 7.70 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 33.51 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 15.56 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 12.59 Bn |
| 10 | Itron | 3.78 Bn | -9.05 Mn | 230.64 Mn | 3.21 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.21 Bn |
| Mar 31, 2026 | 3.20 Bn |
| Dec 31, 2025 | 2.99 Bn |
| Sep 30, 2025 | 2.96 Bn |
| Jun 30, 2025 | 2.88 Bn |
| Mar 31, 2025 | 2.75 Bn |
| Dec 31, 2024 | 2.65 Bn |
| Sep 30, 2024 | 2.61 Bn |
| Jun 30, 2024 | 2.50 Bn |
| Mar 31, 2024 | 1.84 Bn |
| Dec 31, 2023 | 1.79 Bn |
| Sep 30, 2023 | 1.71 Bn |
| Jun 30, 2023 | 1.68 Bn |
| Mar 31, 2023 | 1.65 Bn |
| Dec 31, 2022 | 1.64 Bn |
| Sep 30, 2022 | 1.57 Bn |
| Jun 30, 2022 | 1.58 Bn |
| Mar 31, 2022 | 1.64 Bn |
| Dec 31, 2021 | 1.59 Bn |
| Sep 30, 2021 | 1.65 Bn |
API Access
Itron Invested Capital 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=invested-capital&ticker=ITRI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ITRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();