(ITRI) Itron - Ratings and Ratios

Itron Inc. (NASDAQ:ITRI) is a global technology and services company specializing in resource management solutions for energy, water, and smart cities. With operations spanning over 45 years, the company has established itself as a key player in the digital transformation of utility and municipal sectors.

The firm operates through three distinct business segments: Device Solutions, Networked Solutions, and Outcomes. Device Solutions focuses on hardware products, including smart meters, sensors, and measurement tools for utilities. These devices are critical for data collection in energy, water, and gas management systems.

Networked Solutions builds on this foundation by enabling communication between devices and infrastructure. This segment offers smart metering infrastructure, IoT solutions, and software for managing distributed energy resources, grid automation, and smart street lighting. It also provides leak detection systems for water and gas utilities, addressing a critical need for resource efficiency.

The Outcomes segment represents the company’s higher-value offerings, including AI and machine learning platforms. These solutions help utilities and cities analyze data to optimize operations, reduce waste, and improve decision-making. The segment also includes consulting, project management, and maintenance services, ensuring end-to-end support for clients.

Financially, Itron Inc. has a market capitalization of approximately $4.4 billion, with a trailing P/E ratio of 20.07 and a forward P/E of 20.16. The company’s price-to-book ratio stands at 3.29, and its price-to-sales ratio is 1.83, indicating a premium valuation relative to its assets and revenue.

Headquartered in Liberty Lake, Washington, Itron serves a global customer base through a combination of direct sales, distributors, and partnerships. Its solutions are increasingly relevant as utilities and cities seek to modernize infrastructure and address sustainability challenges. For investors, Itron’s focus on smart grid technologies, IoT, and data analytics positions it well in the growing market for digital utility solutions.

Ticker Symbol: ITRI (NASDAQ)

Market Cap: $4.4 billion

GICS Sub Industry: Electronic Equipment & Instruments

Country of Origin: United States

Website: https://na.itron.com