Itron (ITRI) Return on Capital Employed [ROCE] (2010 - 2026)
Itron (ITRI) reported Return on Capital Employed [ROCE] of 8.89% for Q2 2026, down 2.28 percentage points from 11.17% a year earlier and down 0.41 percentage points from the prior quarter.
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Analysis
Itron (ITRI) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Itron posted Return on Capital Employed [ROCE] of 12.27%, up 1.61 percentage points from FY2024.
- Return on Capital Employed [ROCE] has increased for four consecutive years, with a five-year change of +12.76 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 10.66% in FY2024 (+4.06 pp), 6.60% in FY2023 (+6.99 pp), -0.39% in FY2022 (+3.57 pp) and -3.97% in FY2021 (-3.47 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Capital Employed [ROCE] since Q4 2023.
- Year over year, Return on Capital Employed [ROCE] gained in six of the last eight quarters, with an average year-over-year change of +1.31 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q3 2023 (a gain of 11.75 percentage points); the low point was Q3 2022 (a drop of 10.13 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.29% (Q1 2026), 11.58% (Q4 2025) and 11.09% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn | 22.08% |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn | 23.04% |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn | - |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn | 12.16% |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn | 18.77% |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn | 29.36% |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn | 14.90% |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn | 19.43% |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn | 41.86% |
| 10 | Itron | 3.78 Bn | -13.42 Mn | 230.64 Mn | 8.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.89% |
| Mar 31, 2026 | 9.29% |
| Dec 31, 2025 | 11.58% |
| Sep 30, 2025 | 11.09% |
| 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% |
API Access
Itron Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=ITRI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=ITRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();