Itron Inc (ITRI)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 264,110 | 250,650 | 231,607 | 202,060 | 128,867 | 91,978 | 43,976 | -24,651 | -7,439 | -127,290 | -130,015 | -103,420 | -79,299 | 60,773 | 32,630 | -5,825 | -10,395 | -14,134 | 49,285 | 138,230 |
| 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 |
| Operating profit margin | 10.82% | 10.46% | 9.88% | 8.87% | 5.94% | 4.47% | 2.29% | -1.36% | -0.42% | -7.18% | -7.08% | -5.49% | -4.13% | 3.07% | 1.61% | -0.28% | -0.49% | -0.63% | 2.12% | 5.65% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $264,110K ÷ $2,441,973K
= 10.82%
Itron Inc's operating profit margin has fluctuated over the past few years. It was positive in the earlier periods, showing a gradual decline from March 2020 to September 2021 when it reached negative territory. However, since March 2023, the operating profit margin has been on an upward trend, showing significant improvement. By December 2024, the operating profit margin had increased to a healthy level of 10.82%. This indicates that Itron Inc has been able to effectively manage its operating expenses and generate higher profits relative to its revenue during the specified period. It is essential for the company to sustain this positive trend in order to ensure long-term financial health and stability.
Peer comparison
Dec 31, 2024