Itron (ITRI) Net Margin (2009 - 2026)
Itron's Net Margin came in at 9.46% for Q2 2026, down 1.80 percentage points from 11.26% a year earlier but up 0.36 percentage points from the prior quarter.
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Analysis
Itron (ITRI) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Itron reported Net Margin of 11.90%, up 0.84 percentage points year-over-year; for FY2025, it came in at 12.72%, up 2.92 percentage points from FY2024.
- Net Margin has increased in each of the last four years, with a five-year change of +15.38 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 9.80% in FY2024 (+5.34 pp), 4.46% in FY2023 (+5.00 pp), -0.54% in FY2022 (+3.56 pp) and -4.10% in FY2021 (-1.43 pp).
- The five-year range for quarterly Net Margin is -12.12% (Q4 2021) to 17.78% (Q4 2025).
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +1.97 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2022 (a gain of 16.87 percentage points), and the weakest in Q4 2021 (a drop of 16.22 percentage points).
- Business Quant data shows ITRI's Net Margin at 9.11% (Q1 2026), 17.78% (Q4 2025) and 11.28% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 18.95% |
| 10 | Itron | 3.87 Bn | 85.07 Mn | 230.64 Mn | 9.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.46% |
| Mar 31, 2026 | 9.11% |
| Dec 31, 2025 | 17.78% |
| Sep 30, 2025 | 11.28% |
| Jun 30, 2025 | 11.26% |
| Mar 31, 2025 | 10.78% |
| Dec 31, 2024 | 9.48% |
| Sep 30, 2024 | 12.67% |
| Jun 30, 2024 | 8.43% |
| Mar 31, 2024 | 8.57% |
| Dec 31, 2023 | 7.69% |
| Sep 30, 2023 | 7.16% |
| Jun 30, 2023 | 4.47% |
| Mar 31, 2023 | -2.39% |
| Dec 31, 2022 | 4.75% |
| Sep 30, 2022 | 0.98% |
| Jun 30, 2022 | -8.56% |
| Mar 31, 2022 | 0.19% |
| Dec 31, 2021 | -12.12% |
| Sep 30, 2021 | -0.38% |
API Access
Itron Net 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=net-margin&ticker=ITRI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=ITRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();