Itron is a technology and services company dedicated to the resourceful use of energy and water. The Company provides comprehensive solutions that measure, manage and analyze energy and water. Itron's product portfolio includes electricity, gas, water and thermal energy measurement devices and control technology; communications systems; software; as well as managed and consulting services.

Type
Public
HQ
Liberty Lake, US
Founded
1977
Size (employees)
7,300 (est)
Website
itron.com
Itron was founded in 1977 and is headquartered in Liberty Lake, US
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Itron Office Locations

Itron has offices in La Tablada, Liberty Lake, Charlotte, Spokane and in 24 other locations
Liberty Lake, US (HQ)
2111 N Molter Rd
La Tablada, AR
5010 Av. Monseñor Bufano
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Itron Financials and Metrics

Itron Financials

Itron's revenue was reported to be $2.01 b in FY, 2016 which is a 6.9% increase from the previous period.
USD

Revenue (Q3, 2017)

486.7 m

Gross profit (Q3, 2017)

165.3 m

Gross profit margin (Q3, 2017), %

34%

Net income (Q3, 2017)

26.9 m

EBIT (Q3, 2017)

37.4 m

Market capitalization (23-Apr-2018)

2.7 b

Cash (30-Sep-2017)

137.6 m

EV

2.9 b
Itron's current market capitalization is $2.7 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.9 b2 b1.9 b2 b

Revenue growth, %

1%(4%)7%

Cost of goods sold

1.3 b1.3 b322.2 m1.4 b

Gross profit

614.5 m623.1 m1.6 b660.3 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

495.5 m474.8 m489.4 m496.5 m448.2 m470.1 m469.1 m497.6 m513 m506.9 m477.6 m503.1 m486.7 m

Cost of goods sold

345.4 m320.3 m326.3 m345.7 m310 m351.5 m322.1 m334.4 m343.3 m336.1 m320.4 m325.2 m321.4 m

Gross profit

150.1 m154.5 m163 m150.8 m138.2 m118.6 m147 m163.2 m169.7 m170.7 m157.2 m177.9 m165.3 m

Gross profit Margin, %

30%33%33%30%31%25%31%33%33%34%33%35%34%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

124.8 m112.4 m131 m133.6 m

Accounts Receivable

356.7 m348.4 m330.9 m351.5 m

Inventories

177.5 m154.5 m190.5 m163 m

Current Assets

799.4 m758.7 m758.9 m732.5 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

122 m146.3 m114.8 m122.5 m118.1 m128.8 m109.5 m132.6 m132 m151.4 m187.9 m127.9 m137.6 m

Accounts Receivable

349.3 m341.5 m369.5 m342.5 m324.7 m338.2 m340.4 m368.4 m369.3 m368.7 m344.4 m374.2 m376.1 m

Inventories

194.7 m192.6 m192.4 m190.7 m168.2 m195.4 m214.2 m189 m188.2 m189.6 m178.1 m203.6 m207.7 m

Current Assets

816.8 m822.4 m825.9 m795.1 m758.4 m811.8 m806.2 m801.1 m804.7 m831.7 m805.8 m799 m834.4 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(144.6 m)(21.6 m)5.9 m35.1 m

Depreciation and Amortization

42 m98.5 m7.9 m25.1 m

Inventories

(11 m)6 m(24 m)22.3 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

8.9 m(118 k)19.7 m27.3 m5.4 m(8.1 m)5.2 m10.8 m31.3 m22.4 m16 m31 m57.9 m

Depreciation and Amortization

73.7 m25.6 m50.6 m75.2 m19.3 m38.8 m58.5 m16.7 m35.5 m51.6 m14.4 m29.5 m46 m

Inventories

(27.8 m)(15.8 m)(16.8 m)(24 m)(23.5 m)(49.7 m)(73.2 m)3.2 m2.9 m3.2 m(11.3 m)(29.5 m)(30.8 m)

Cash From Operating Activities

65.9 m66.8 m67.2 m116.5 m(4 m)17.6 m20.2 m33.8 m51.1 m81.9 m63.3 m93.4 m114.5 m
USDY, 2017

EV/EBIT

76.5 x

EV/CFO

25 x

Revenue/Employee

66.7 k

Financial Leverage

2.3 x
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Itron Operating Metrics

Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Communication Modules Shipped

1.35 m1.58 m1.48 m5.77 m1.46 m1.41 m1.53 m5.84 m1.46 m1.44 m1.57 m5.98 m1.40 m

Energy Meters Shipped (Smart)

1.52 m1.36 m1.40 m6.09 m1.54 m1.86 m1.93 m7.29 m2.19 m2.32 m2.39 m9.34 m2.44 m

Manufacturing Facilities

22 20 19

Twelve-month Backlog

$614 m$675 m$734 m$737 m$780 m$799 m$727 m$836 m$785 m$688 m$731 m$761 m$819 m
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Itron Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Silver Spring September 18, 2017$830 m
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Itron News and Updates

BRIEF-Itron Inc - ‍Jordan Water Company (Miyahuna) Signs Three-Year Contract For Analytic Services And Additional Itron Static Water Meters​

* ITRON INC - ‍JORDAN WATER COMPANY (MIYAHUNA) SIGNS THREE-YEAR CONTRACT FOR ANALYTIC SERVICES AND ADDITIONAL ITRON STATIC WATER METERS​ Source text for Eikon: Further company coverage:

Smart Electric Meter 2018 Global Market Key Players - Itron (U.S.), Siemens AG (Germany), Aclara Technologies LLC (U.S.), Schneider Electric SE (France), Wasion Group (China) -Analysis And Forecast To 2025

Wiseguyreports.Com Adds “Smart Electric Meter – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Smart Energy Global Market 2017: Key Players – GE-Alstom, Itron, Siemens, ABB, S&T

Smart Energy -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022 Posted via Industry Today. Follow us on Twitter @IndustryToday

Smart Electric Meter Global Market Top Key Players – Itron , Landis+Gyr , Schneider Electric , Sensus and Forecast to 2021

The analysts forecast the global smart electric meter market to grow at a CAGR of 8.83% during the period 2017-2021. Posted via Industry Today. Follow us on Twitter @IndustryToday

Industrial Internet firm Silver Spring acquired by Itron for $830M

A significant portion of the connected devices in use today are employed for industrial purposes such as monitoring remote equipment. Liberty Lake, Washington-based Itron Inc. is one of the suppliers shaping this part of the market. The firm, which mainly sells metering hardware for measuring energy…

How can you detect seismic waves?

At Sensor Expo 2017, Jacob Hicks, the assistant product manager for Omron Electronic Components’ Sensors unit shows the capabilities of the D7S, a vibration sensor that can detect seismic waves, and Itron’s Riva development board for wireless communications. Partnering with Itron, Omron’s D7S sits o…
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