Itron (ITRI) Return on Capital Employed (2010 - 2026)
Itron's (ITRI) quarterly Return on Capital Employed came in at 11.28% in Q2 2026, up 11.0% YoY from 10.16% in Q2 2025, and down 4.35% on a QoQ basis from 11.79% in Q1 2026.
Itron (ITRI) Return on Capital Employed (2010 - 2026) Analysis & Trends
Itron (ITRI) has 17 years of Return on Capital Employed data on file, last reported at 11.28% in Q2 2026.
- Quarterly Return on Capital Employed rose 11.0% year-over-year to 11.28% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 11.28% (up 11.0% YoY) and the FY2025 annual result came in at 12.27%, up 161.0% from the prior year.
- Return on Capital Employed retreated to 11.28% in Q2 2026, from 11.79% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 14.6% in Q4 2025 to a low of 7.03% in Q3 2022.
- A 5-year average of 5.78% and a median of 9.09% in 2024 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2022 — Return on Capital Employed sank 1013 bps — and 2023, when it jumped 1175 bps.
- Tracing ITRI's Return on Capital Employed over 5 years: stood at 0.4% in 2022, then jumped by 1685 bps to 6.38% in 2023, then jumped by 45 bps to 9.24% in 2024, then surged by 58 bps to 14.6% in 2025, then dropped by 23 bps to 11.28% in 2026.
- The last three Return on Capital Employed figures came in at 11.28% (Q2 2026), 11.79% (Q1 2026), and 14.6% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.92 Bn | 54.25 Bn | 1.26 Bn | 23.26% |
| 2 | Keysight Technologies | 54.19 Bn | 51.78 Bn | 1.18 Bn | 12.34% |
| 3 | Coherent | 51.42 Bn | 49.43 Bn | 787.08 Mn | -24.11% |
| 4 | Teledyne Technologies | 29.51 Bn | 29.17 Bn | 738.10 Mn | 8.91% |
| 5 | Mks | 18.85 Bn | 18.24 Bn | 595.00 Mn | 10.62% |
| 6 | Fortive | 18.29 Bn | 17.92 Bn | 695.30 Mn | 7.63% |
| 7 | Trimble | 14.03 Bn | 13.81 Bn | 674.90 Mn | 8.74% |
| 8 | Cognex | 10.16 Bn | 9.75 Bn | 205.77 Mn | 12.71% |
| 9 | Esco Technologies | 7.47 Bn | 7.40 Bn | 141.52 Mn | 10.91% |
| 10 | Itron | 4.40 Bn | 3.65 Bn | 230.64 Mn | 11.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.28% |
| Mar 31, 2026 | 11.79% |
| Dec 31, 2025 | 14.60% |
| Sep 30, 2025 | 14.14% |
| Jun 30, 2025 | 11.17% |
| Mar 31, 2025 | 11.23% |
| Dec 31, 2024 | 9.24% |
| Sep 30, 2024 | 8.94% |
| Jun 30, 2024 | 9.47% |
| Mar 31, 2024 | 9.80% |
| Dec 31, 2023 | 6.38% |
| Sep 30, 2023 | 4.72% |
| Jun 30, 2023 | 2.30% |
| Mar 31, 2023 | -1.31% |
| Dec 31, 2022 | -0.40% |
| Sep 30, 2022 | -7.03% |
| Jun 30, 2022 | -6.83% |
| Mar 31, 2022 | -5.43% |
| Dec 31, 2021 | -4.16% |
| Sep 30, 2021 | 3.10% |