Itron Inc (ITRI)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 282,512 | 262,063 | 236,149 | 203,047 | 125,991 | 88,093 | 37,123 | -32,599 | -15,928 | -136,930 | -142,253 | -139,266 | -126,767 | 4,584 | -32,025 | -56,687 | -57,717 | -64,564 | -4,223 | 81,643 |
| 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 |
| Pretax margin | 11.57% | 10.93% | 10.07% | 8.92% | 5.81% | 4.28% | 1.93% | -1.80% | -0.89% | -7.73% | -7.74% | -7.40% | -6.61% | 0.23% | -1.58% | -2.76% | -2.71% | -2.88% | -0.18% | 3.33% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $282,512K ÷ $2,441,973K
= 11.57%
Itron Inc's pretax margin has shown fluctuating trends over the provided periods. Starting from March 31, 2020, at 3.33%, there was a decline in the pretax margin to negative figures by the end of 2020. The margin continued to be negative through most of 2021 and 2022, reaching its lowest point at -7.74% in June 30, 2022.
However, a positive turnaround began in the second quarter of 2023, with the pretax margin improving steadily to reach 11.57% by the end of December 31, 2024. This positive trajectory indicates a significant recovery and improvement in the company's ability to generate profits before taxes. The increasing pretax margin reflects more efficient cost management or increased revenues relative to expenses, demonstrating a positive outlook for Itron Inc's financial performance during this period.
Peer comparison
Dec 31, 2024