Itron Inc (ITRI)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 34.38% | 32.93% | 29.20% | 30.46% | 29.06% |
| Operating profit margin | 10.82% | 5.94% | -0.42% | -4.21% | -0.50% |
| Pretax margin | 11.57% | 5.81% | -0.89% | -6.74% | -2.79% |
| Net profit margin | 9.79% | 4.47% | -0.54% | -4.32% | -2.80% |
Itron Inc's gross profit margin has shown a steady improvement over the years, increasing from 29.06% in 2020 to 34.38% in 2024. This indicates the company's ability to efficiently manage production costs and generate profits from its core operations.
The operating profit margin has fluctuated significantly, with negative margins in 2020 and 2021, followed by a notable improvement in 2023 and 2024 to 10.82%. This suggests that Itron has been able to better control its operating expenses and become more profitable from its normal business activities.
Similarly, the pretax margin also experienced a recovery trend, moving from negative percentages in 2020 and 2021 to positive figures in 2023 and 2024. This indicates that the company has been able to enhance its overall profitability before accounting for taxes.
Moreover, the net profit margin has shown consistent growth over the years, with a significant improvement from -2.80% in 2020 to 9.79% in 2024. This reflects Itron's ability to efficiently manage its overall expenses and generate higher net income relative to its revenue.
In conclusion, Itron Inc has demonstrated an overall improvement in its profitability ratios over the years, reflecting effective cost management and enhanced profitability from its core operations.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.75% | 4.95% | -0.31% | -3.31% | -0.40% |
| Return on assets (ROA) | 7.02% | 3.72% | -0.41% | -3.39% | -2.22% |
| Return on total capital | 10.03% | 7.61% | -0.57% | -6.26% | -0.80% |
| Return on equity (ROE) | 17.19% | 7.39% | -0.83% | -7.28% | -7.10% |
Itron Inc's profitability ratios have shown significant improvement over the years based on the provided data.
- Operating return on assets (Operating ROA) has moved from negative values in 2020 and 2021 to positive figures in 2023 and 2024. This indicates that the company's operating income generated from its assets has increased over the years, showing operational efficiency.
- Return on assets (ROA) has also shown improvement, moving from negative values in 2020 and 2021 to positive figures in 2023 and 2024. This suggests that the company has been able to generate more profits relative to its total assets, which is a positive sign of asset utilization.
- Return on total capital has experienced a similar trend, starting from negative values in 2020 and 2021 and increasing to positive values in 2023 and 2024. This indicates that the company has been effectively utilizing its total capital to generate returns for its stakeholders.
- Return on equity (ROE) has shown a remarkable improvement, moving from negative values in 2020 and 2021 to strong positive figures in 2024. This signifies that the company has been successful in generating returns for its equity shareholders, indicating improved financial performance and potential for shareholder wealth creation.
Overall, the profitability ratios of Itron Inc demonstrate a positive trend with increasing returns and efficiencies over the years, highlighting the company's improving financial health and operational performance.