Itron Inc (ITRI)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 32.92% | 31.98% | 30.80% | 30.01% | 29.19% | 28.36% | 28.17% | 28.76% | 29.87% | 30.30% | 30.03% | 29.15% | 28.28% | 28.12% | 29.42% | 30.08% | 30.55% | 31.04% | 31.46% | 31.51% |
| Operating profit margin | 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% | 5.39% | 5.47% | 5.63% | 4.77% |
| Pretax margin | 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% | 2.83% | 2.81% | 2.96% | 2.10% |
| 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% |
Itron Inc.'s profitability ratios have shown a positive trend over the quarters in 2023, indicating improved performance. The gross profit margin has been steadily increasing from 29.08% in Q4 2022 to 32.84% in Q4 2023. This suggests that the company has been effectively managing its production costs and generating higher profits from its core operations.
Similarly, the operating profit margin has shown significant improvement, increasing from 1.17% in Q4 2022 to 7.98% in Q4 2023. This indicates that the company has been able to control its operating expenses more efficiently and has improved its operating efficiency.
The pretax margin has also exhibited a positive trend, moving from -7.50% in Q4 2022 to 5.86% in Q4 2023. This suggests that the company has been successful in generating higher profits before accounting for taxes, indicating better overall financial performance.
The net profit margin has also shown improvement, moving from -5.01% in Q4 2022 to 4.46% in Q4 2023. This signifies that the company has been able to increase its profitability after accounting for all expenses, including taxes.
Overall, the increasing trend in profitability ratios for Itron Inc. demonstrates its ability to enhance operational efficiency, control costs, and generate higher profits, showcasing a positive outlook for the company's financial performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.95% | 3.66% | 1.76% | -1.01% | -0.31% | -5.49% | -5.63% | -4.27% | -3.31% | 2.51% | 1.31% | -0.20% | -0.40% | -0.47% | 1.64% | 4.50% | 4.90% | 4.95% | 4.97% | 4.14% |
| Return on assets (ROA) | 3.72% | 2.98% | 1.55% | -0.92% | -0.41% | -3.92% | -4.19% | -3.84% | -3.39% | -0.04% | -0.98% | -1.85% | -2.22% | -2.15% | -0.75% | 1.94% | 1.81% | 2.18% | 2.26% | 1.65% |
| Return on total capital | 7.61% | 5.70% | 2.69% | -1.56% | -0.57% | -8.44% | -8.64% | -7.42% | -6.26% | 2.58% | 0.82% | -0.80% | -0.80% | -0.87% | 2.11% | 6.29% | 7.14% | 7.31% | 7.43% | 6.24% |
| Return on equity (ROE) | 7.39% | 6.04% | 3.21% | -1.92% | -0.83% | -8.30% | -8.72% | -8.01% | -7.28% | -0.07% | -2.07% | -4.52% | -7.10% | -8.40% | -2.91% | 7.73% | 6.31% | 7.90% | 8.47% | 6.27% |
Itron Inc.'s profitability ratios have shown a positive trend over the last eight quarters, indicating improving profitability.
The Operating return on assets (Operating ROA) has consistently increased from 0.88% in Q4 2022 to 6.66% in Q4 2023, reflecting the company's ability to generate operating income relative to its assets.
The Return on assets (ROA) also exhibited an upward trajectory, rising from -0.41% in Q4 2022 to 3.72% in Q4 2023. This metric signifies the company's efficiency in utilizing its assets to generate earnings.
The Return on total capital and Return on equity (ROE) have also shown positive trends, with Q4 2023 values of 9.83% and 7.39%, respectively. These ratios indicate the returns generated by the company relative to its total capital and shareholders' equity.
Overall, the improvement in profitability ratios over the quarters suggests that Itron Inc. has been able to enhance its operational efficiency and generate higher returns for its stakeholders.