Itron Inc (ITRI)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 1,390,600 | 1,348,320 | 1,239,560 | 1,364,720 | 1,310,910 | 1,237,730 | 1,205,120 | 1,171,280 | 1,168,470 | 1,093,830 | 1,110,110 | 1,160,080 | 1,116,080 | 1,173,590 | 1,175,280 | 1,196,470 | 816,548 | 771,896 | 777,799 | 770,740 |
| ROE | 17.19% | 16.72% | 15.13% | 11.76% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $239,105K ÷ $1,390,600K
= 17.19%
Itron Inc's return on equity (ROE) has shown a fluctuating trend over the past few years, as per the provided data. The ROE was negative for most of 2020 and 2021, indicating that the company was not generating a favorable return in relation to its equity. However, starting from March 2023, there was a significant improvement in ROE, with positive figures indicating better profitability relative to shareholders' equity.
From March 2023 to December 2024, there was a consistent upward trajectory in ROE, reaching a peak of 17.19% by the end of December 2024. This uptrend suggests that Itron Inc was able to significantly enhance its profitability and efficiency in utilizing shareholders' equity to generate earnings.
Overall, the recent improvement in ROE reflects positively on Itron Inc's financial performance and indicates that the company has been successful in maximizing returns for its equity holders. It is essential for investors and stakeholders to monitor ROE as it provides insights into the effectiveness of management in utilizing equity capital to generate profits.
Peer comparison
Dec 31, 2024