Itron Inc (ITRI)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 96,923 | 74,749 | 38,694 | -22,474 | -9,732 | -90,810 | -96,796 | -92,952 | -81,255 | -869 | -24,357 | -54,036 | -57,955 | -64,855 | -22,651 | 59,597 | 49,006 | 58,263 | 61,298 | 44,509 |
| Revenue (ttm) | US$ in thousands | 2,168,374 | 2,058,238 | 1,919,092 | 1,810,221 | 1,789,196 | 1,772,212 | 1,837,352 | 1,882,538 | 1,918,727 | 1,982,641 | 2,027,694 | 2,050,196 | 2,129,627 | 2,242,805 | 2,325,037 | 2,448,668 | 2,462,571 | 2,421,232 | 2,391,417 | 2,341,121 |
| Net profit margin | 4.47% | 3.63% | 2.02% | -1.24% | -0.54% | -5.12% | -5.27% | -4.94% | -4.23% | -0.04% | -1.20% | -2.64% | -2.72% | -2.89% | -0.97% | 2.43% | 1.99% | 2.41% | 2.56% | 1.90% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $96,923K ÷ $2,168,374K
= 4.47%
Itron Inc.'s net profit margin has shown a positive trend over the past few quarters. The company's net profit margin has improved from negative figures in the first quarter of 2023 to 4.46% in the fourth quarter of the same year, indicating an increasing level of profitability. This improvement suggests that the company has been able to effectively control its expenses and generate more revenue relative to its costs. It is noteworthy that the net profit margin has been consistently positive in the most recent quarters, which is a positive sign for the company's financial health and efficiency in managing its operations.
Peer comparison
Dec 31, 2023