Itron Inc

NASDAQ ITRI

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Itron Inc Asset Turnover Ratio 5 year CAGR for the year ending December 31, 2023: -2.03%

Itron Inc Asset Turnover Ratio 5 year CAGR is -2.03% for the year ending December 31, 2023, a 58.19% change year over year. The asset turnover ratio measures a company's efficiency in utilizing its assets to generate revenue. It is calculated by dividing the company's revenue by the average of its total assets and total non-current assets. This ratio indicates how effectively a company generates sales from its asset base. A higher ratio implies better asset utilization and revenue generation, while a lower ratio may suggest underutilization of assets or inefficient operations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Itron Inc Asset Turnover Ratio for the year ending December 31, 2022 was 1.44, a -8.65% change year over year.
  • Itron Inc Asset Turnover Ratio for the year ending December 31, 2021 was 1.57, a 0.64% change year over year.
  • Itron Inc Asset Turnover Ratio for the year ending December 31, 2020 was 1.56, a -10.77% change year over year.
  • Itron Inc Asset Turnover Ratio for the year ending December 31, 2019 was 1.75, a 0.62% change year over year.
NASDAQ: ITRI

Itron Inc

CEO Mr. Thomas L. Deitrich
IPO Date Nov. 4, 1993
Location United States
Headquarters 2111 North Molter Road, Liberty Lake, WA, United States, 99019
Employees 5,081
Sector Technology
Industry Scientific & technical instruments
Description

Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also offers industrial internet of things solutions. Including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; smart grid and distribution automation; smart street lighting; and leak detection and applications for gas and water systems. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning for managing, organizing, analyzing, and interpreting data to enhance decision making, maximize operational profitability, resource efficiency, grid analytics, and deliver results for consumers, utilities, and smart cities. In addition, it offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. The company offers its products and services under the Itron brand. It serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

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StockViz Staff

September 20, 2024

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