Itron Inc (ITRI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 264,110 | 128,867 | -7,439 | -79,299 | -10,395 |
| Revenue | US$ in thousands | 2,441,340 | 2,167,720 | 1,788,240 | 1,881,840 | 2,072,330 |
| Operating profit margin | 10.82% | 5.94% | -0.42% | -4.21% | -0.50% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $264,110K ÷ $2,441,340K
= 10.82%
Itron Inc's operating profit margin has shown fluctuations over the past five years. It decreased from -0.50% as of December 31, 2020, to -4.21% as of December 31, 2021, indicating a decline in the company's ability to generate profits from its core business operations during that period. However, there was a significant improvement in the operating profit margin, reaching -0.42% as of December 31, 2022.
The trend reversed positively in the subsequent years, with the operating profit margin showing a notable increase to 5.94% as of December 31, 2023, and further improvement to 10.82% as of December 31, 2024. These positive shifts suggest that Itron Inc was able to enhance its operational efficiency and profitability in those years, potentially through cost control measures, revenue growth, or a combination of both.
Overall, the recent upturn in the operating profit margin reflects a positive trend for Itron Inc, indicating improved profitability and potentially stronger financial performance in the near term. Monitoring this ratio in conjunction with other financial metrics will be crucial to assess the company's operational effectiveness and sustainability.
Peer comparison
Dec 31, 2024