Itron (ITRI) Tax Rate (2010 - 2026)
Itron (ITRI) posted Tax Rate of 33.33% for Q2 2026, up 15.69 percentage points from 17.64% a year earlier and up 13.08 percentage points from the prior quarter.
Itron (ITRI) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Itron was 14.70%, up 0.09 percentage points year-over-year; for FY2025, it was 11.37%, down 3.88 percentage points from FY2024.
- Annual Tax Rate has declined for three consecutive years, though with a five-year change of +11.79 percentage points (FY2020 to FY2025).
- In prior years, Itron's Tax Rate was 15.26% in FY2024 (-7.56 pp), 22.82% in FY2023 (-16.54 pp), 39.36% in FY2022 (+2.60 pp) and 36.76% in FY2021 (+37.18 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q1 2022.
- On a year-over-year basis, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -2.44 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2021, with a gain of 869.23 percentage points; the weakest was Q3 2022, with a drop of 892.02 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 20.25% (Q1 2026), -20.05% (Q4 2025) and 26.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 24.54% |
| 10 | Itron | 3.87 Bn | 85.07 Mn | 230.64 Mn | 33.33% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.33% |
| Mar 31, 2026 | 20.25% |
| Sep 30, 2025 | 26.99% |
| Jun 30, 2025 | 17.64% |
| Mar 31, 2025 | 20.58% |
| Dec 31, 2024 | 16.15% |
| Sep 30, 2024 | 4.26% |
| Jun 30, 2024 | 22.64% |
| Mar 31, 2024 | 20.59% |
| Dec 31, 2023 | 9.21% |
| Sep 30, 2023 | 27.61% |
| Jun 30, 2023 | 26.81% |
| Sep 30, 2022 | 9.57% |
| Mar 31, 2022 | 81.16% |
| Sep 30, 2021 | 901.59% |
| Mar 31, 2021 | 25.55% |
| Mar 31, 2020 | 45.18% |
| Sep 30, 2019 | 25.29% |
| Jun 30, 2019 | 29.50% |
| Mar 31, 2019 | 102.49% |
Itron Tax Rate 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=tax-rate&ticker=ITRI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ITRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();