Itron Historical Income Statement

ITRI Stock  USD 118.53  0.76  0.64%   
Historical analysis of Itron income statement accounts such as Total Revenue of 1.4 B or Gross Profit of 441.3 M can show how well Itron Inc performed in making a profits. Evaluating Itron income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Itron's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Itron Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Itron Inc is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itron Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Itron Income Statement Analysis

Itron Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Itron shareholders. The income statement also shows Itron investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Itron Income Statement Chart

As of now, Itron's Income Before Tax is increasing as compared to previous years. The Itron's current Net Income is estimated to increase to about 101.8 M, while Interest Expense is projected to decrease to under 7.9 M.

Total Revenue

Total revenue comprises all receipts Itron Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Itron Inc minus its cost of goods sold. It is profit before Itron operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Itron Inc. It is also known as Itron overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Itron income statement and is an important metric when analyzing Itron Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Itron's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Itron Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itron Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of now, Itron's Income Before Tax is increasing as compared to previous years. The Itron's current Net Income is estimated to increase to about 101.8 M, while Interest Expense is projected to decrease to under 7.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit573.2M522.2M713.9M441.3M
Total Revenue2.0B1.8B2.2B1.4B

Itron income statement Correlations

0.740.810.750.83-0.370.060.450.840.77-0.49-0.48-0.48-0.320.690.390.71-0.570.250.25-0.14-0.3-0.08-0.550.52-0.29
0.740.590.490.61-0.24-0.120.210.630.55-0.41-0.31-0.39-0.350.50.60.28-0.420.260.04-0.05-0.36-0.42-0.910.9-0.26
0.810.590.981.0-0.130.270.611.00.96-0.21-0.31-0.240.030.930.460.92-0.380.20.450.08-0.05-0.31-0.390.36-0.03
0.750.490.980.97-0.090.40.70.960.95-0.14-0.29-0.180.160.890.390.92-0.320.230.450.170.08-0.27-0.290.270.04
0.830.611.00.97-0.130.20.551.00.97-0.22-0.28-0.24-0.030.940.50.92-0.370.190.480.05-0.11-0.33-0.420.4-0.04
-0.37-0.24-0.13-0.09-0.13-0.08-0.25-0.15-0.060.960.930.970.410.060.22-0.070.940.010.550.170.13-0.39-0.020.070.26
0.06-0.120.270.40.2-0.080.890.210.160.1-0.35-0.030.750.0-0.210.25-0.080.18-0.150.40.720.210.32-0.30.29
0.450.210.610.70.55-0.250.890.560.49-0.14-0.52-0.260.540.32-0.110.53-0.330.33-0.070.350.570.170.04-0.070.06
0.840.631.00.961.0-0.150.210.560.95-0.25-0.32-0.27-0.020.930.480.9-0.40.190.440.05-0.1-0.32-0.430.4-0.05
0.770.550.960.950.97-0.060.160.490.95-0.14-0.18-0.15-0.030.960.540.92-0.280.20.590.05-0.13-0.32-0.40.390.01
-0.49-0.41-0.21-0.14-0.220.960.1-0.14-0.25-0.140.890.990.56-0.050.09-0.120.970.030.480.220.3-0.240.16-0.10.33
-0.48-0.31-0.31-0.29-0.280.93-0.35-0.52-0.32-0.180.890.940.19-0.040.21-0.220.94-0.020.530.04-0.04-0.32-0.020.080.19
-0.48-0.39-0.24-0.18-0.240.97-0.03-0.26-0.27-0.150.990.940.42-0.040.15-0.140.98-0.030.510.110.16-0.250.11-0.040.33
-0.32-0.350.030.16-0.030.410.750.54-0.02-0.030.560.190.42-0.1-0.280.050.390.30.070.690.9-0.030.36-0.360.22
0.690.50.930.890.940.060.00.320.930.96-0.05-0.04-0.04-0.10.610.91-0.180.060.66-0.03-0.24-0.45-0.380.390.08
0.390.60.460.390.50.22-0.21-0.110.480.540.090.210.15-0.280.610.350.06-0.250.49-0.27-0.56-0.68-0.570.720.33
0.710.280.920.920.92-0.070.250.530.90.92-0.12-0.22-0.140.050.910.35-0.290.050.560.01-0.05-0.14-0.080.070.11
-0.57-0.42-0.38-0.32-0.370.94-0.08-0.33-0.4-0.280.970.940.980.39-0.180.06-0.29-0.010.390.130.17-0.20.1-0.050.26
0.250.260.20.230.190.010.180.330.190.20.03-0.02-0.030.30.06-0.250.05-0.010.160.390.450.09-0.360.23-0.48
0.250.040.450.450.480.55-0.15-0.070.440.590.480.530.510.070.660.490.560.390.160.01-0.11-0.41-0.160.210.14
-0.14-0.050.080.170.050.170.40.350.050.050.220.040.110.69-0.03-0.270.010.130.390.010.77-0.170.02-0.08-0.24
-0.3-0.36-0.050.08-0.110.130.720.57-0.1-0.130.3-0.040.160.9-0.24-0.56-0.050.170.45-0.110.770.170.37-0.43-0.05
-0.08-0.42-0.31-0.27-0.33-0.390.210.17-0.32-0.32-0.24-0.32-0.25-0.03-0.45-0.68-0.14-0.20.09-0.41-0.170.170.47-0.54-0.03
-0.55-0.91-0.39-0.29-0.42-0.020.320.04-0.43-0.40.16-0.020.110.36-0.38-0.57-0.080.1-0.36-0.160.020.370.47-0.970.36
0.520.90.360.270.40.07-0.3-0.070.40.39-0.10.08-0.04-0.360.390.720.07-0.050.230.21-0.08-0.43-0.54-0.97-0.24
-0.29-0.26-0.030.04-0.040.260.290.06-0.050.010.330.190.330.220.080.330.110.26-0.480.14-0.24-0.05-0.030.36-0.24
Click cells to compare fundamentals

Itron Account Relationship Matchups

Itron income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization113.5M115.5M101.3M66.8M55.8M75.1M
Interest Expense52.5M44.0M28.6M6.7M8.3M7.9M
Total Revenue2.5B2.2B2.0B1.8B2.2B1.4B
Gross Profit752.3M602.2M573.2M522.2M713.9M441.3M
Other Operating Expenses2.4B2.1B1.9B1.8B2.0B1.3B
Operating Income132.7M84.2M23.7M19.3M128.9M135.3M
Ebit132.7M(19.4M)(94.2M)(9.0M)135.7M142.5M
Ebitda246.2M96.1M7.1M57.7M191.5M134.9M
Cost Of Revenue1.8B1.6B1.4B1.3B1.5B927.1M
Total Operating Expenses613.4M515.7M533.6M501.3M585.0M374.5M
Income Before Tax73.0M(56.6M)(123.8M)(15.7M)127.4M133.8M
Total Other Income Expense Net(59.7M)(46.2M)(44.5M)(8.3M)(1.5M)(1.6M)
Net Income49.0M(56.9M)(78.3M)(9.5M)96.9M101.8M
Income Tax Expense20.6M238K(45.5M)(6.2M)29.1M30.5M
Research Development202.2M194.1M197.2M185.1M208.7M125.2M
Selling General Administrative346.9M276.9M300.5M290.5M308.9M324.4M
Net Income Applicable To Common Shares49.0M(58.0M)(81.3M)(9.7M)(8.8M)(9.2M)
Net Income From Continuing Ops52.4M(56.9M)(78.3M)(9.5M)75.4M79.1M
Non Operating Income Net Other(1.3M)(7.2M)(2.2M)(15.9M)(14.3M)(13.6M)
Non Recurring6.4M77.2M6.3M37.0M42.6M44.7M
Minority Interest3.4M1.1M(3.0M)(185K)(612K)(581.4K)
Tax Provision20.6M238K(45.5M)(6.2M)13.3M10.3M
Interest Income1.8M3.0M1.6M2.6M7.2M7.6M
Net Interest Income(50.6M)(41.0M)(27.1M)(4.1M)(1.0M)(1.1M)
Reconciled Depreciation114.4M97.3M84.2M66.8M58.2M69.3M

Currently Active Assets on Macroaxis

When determining whether Itron Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Itron's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Itron Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Itron Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itron Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Itron. If investors know Itron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Itron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.954
Earnings Share
4.87
Revenue Per Share
52.896
Quarterly Revenue Growth
0.098
Return On Assets
0.0544
The market value of Itron Inc is measured differently than its book value, which is the value of Itron that is recorded on the company's balance sheet. Investors also form their own opinion of Itron's value that differs from its market value or its book value, called intrinsic value, which is Itron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Itron's market value can be influenced by many factors that don't directly affect Itron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Itron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.