Itron Inc (ITRI)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 239,105 | 225,384 | 187,597 | 160,480 | 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 |
| Revenue (ttm) | US$ in thousands | 2,441,973 | 2,396,573 | 2,345,043 | 2,277,357 | 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 |
| Net profit margin | 9.79% | 9.40% | 8.00% | 7.05% | 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% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $239,105K ÷ $2,441,973K
= 9.79%
The net profit margin of Itron Inc has demonstrated a fluctuating trend over the reported periods. Starting from negative values in the range of -2.89% to -0.97% in late 2020, the company's profitability improved in the following quarters of 2023 and 2024. By the end of December 2024, Itron Inc achieved a notable net profit margin of 9.79%, indicating an increase in profitability and efficient cost management during that period. It is essential for investors and stakeholders to monitor this metric closely to evaluate the company's overall financial health and performance.
Peer comparison
Dec 31, 2024