OakChart

Itron Inc

ITRITechnology·Scientific & Technical Instruments·USA·Mid·NASD·Nov 12 • 3:59 PM ET

96.41-2.09 (-2.12%)
2026-11-13 13:13 CET
Market cap
$4.23B
Revenue, TTM
2,320.87 USD m
Net income, TTM
279.73 USD m
Free cash flow, TTM
345.91 USD m
EPS diluted, TTM
6.18
Price / earnings
15.59
Compare

Price

ITRI against its 20, 50 and 200-day averages
Terms2050200Beat
Patternshover a marker to name it
RS 12Sales 628Price62764080.0090.00100.00110.003.3M6.6MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26ITRIclose 96.4120-day 93.4050-day 91.27200-day 90.9196.4152w high 108.2052w low 77.7752-week range, not 6 months

10.9% under the 52-week high of 108.20 on 28 Jul 2026. 52-week low 77.77 on 19 May 2026. Last 15 sessions, 21.4% high to low

Volume 0.00× normal · the session has not printed · the line is the 50-bar volume average

Setup. RS line 12
CANSLIM 2 of 6 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); 52-Week High/Low: 0-10% below High; Performance: Year +50%
VCP 4 of 6 — fails: 52-Week High/Low: 0-10% below High; Average True Range: Under 2
Minervini 2 of 4 — fails: 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 2 of 5 — fails: Performance: Week +10%; 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5
Leaders 3 of 5 — fails: Performance: Year +50%; 52-Week High/Low: 0-10% below High
Breakout 2 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2
Growth 1 of 4 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); EPS Growth Next Year: High (>25%)
Quality 3 of 5 — fails: Net Profit Margin: High (>20%); Debt/Equity: Low (<0.1)
Value 1 of 4 — fails: P/E: Under 15; P/B: Under 2; Debt/Equity: Low (<0.1)
Income 2 of 4 — fails: Dividend Growth: Growing 2+ Years — not on the tape: Dividend Yield: Over 2%
Small Cap 3 of 4 — fails: Performance: Year +50%
Accumulation 2 of 4 — fails: Institutional Transactions: Over +10%; Performance: Year Up
Relative Strength 2 of 3 — fails: Performance: Year +100%

Profile

ITRI
52-week range, 61% of the way up
77.77108.20

Itron, Inc. is a technology and services company, which engages in the provision of solutions that measure, manage, and analyze energy and water use. It operates through the following segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment includes hardware products used for measurement, control, or sensing that do not have communications capability embedded for use with its broader Itron systems. The Networked Solutions segment offers a combination of communication devices, network infrastructure, and associated application software designed and sold as a complete solution for acquiring and transporting robust application-specific data. The Outcomes segment consists of the firm's value-added, enhanced software and services operating segment. The company was founded in 1977 and is headquartered in Liberty Lake, WA.

IndexRUT
Employees5550
IPONov 05, 1993
Beta1.30
ATR, 14d3.26
Rel volume0.00
Short float13.83%
Insider own1.63%
Inst own117.90%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap$4.23B
Enterprise Value5.03B
Income279.73M
Sales2.32B
Book / share38.74
Cash / share19.16
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout0.00%
Employees5550
IPONov 05, 1993

Ratios

Price / earnings15.59
Forward price / earnings13.88
Price / earnings / growth4.35
Price / sales1.82
Price / book2.49
Price / cash5.03
Price / free cash flow12.22
Value / cash profit12.79
Value / sales2.17
Quick Ratio2.36
Current Ratio2.83
Debt / equity0.95
Long-term debt / equity0.95
Options and shortYes / Yes

Earnings

Earnings / share6.18
Earnings next year6.95
Earnings next quarter1.76
Earnings this year-5.05%
Earnings next year2.61%
Earnings growth, 5 years3.19%
Past earnings growth- -
Past sales growth9.65% 1.72%
Earnings vs last year10.84%
Sales vs last year-3.63%
Earnings vs last quarter14.28%
Sales vs last quarter3.04%
EarningsOct 27 BMO
Surprise24.66% 0.64%

Ownership

Insiders own1.63%
Insider trades-5.05%
Institutions own117.90%
Institution trades-0.80%
Return on assets7.15%
Return on equity16.49%
Return on capital8.43%
Gross Margin39.38%
Operating margin14.29%
Profit Margin12.05%
20-day average3.22%
50-day average5.64%
200-day average6.05%

Technical

Shares out43.85M
Shares floating43.15M
Short / float13.83%
Short ratio9.44
Short interest5.97M
52-week high108.20 -10.9%
52-week low77.77 +24.0%
Volatility2.46% 3.79%
Average range3.26
Strength index55.41
Market sensitivity1.30
Relative volume0.00
Avg Volume631.93K
Volume0

Performance

Perf Week-3.07%
Perf Month14.20%
Perf Quarter-5.07%
Perf Half Y18.25%
Perf YTD3.82%
Perf Year-8.08%
Perf 3Y52.21%
Perf 5Y33.61%
Perf 10Y59.75%
Recommendation1.45
Target Price128.56
Prev Close96.41
Price96.41
Change %0.00%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Apr 29, 2026ReiteratedTD CowenBuy$145 → $130+34.8%
Apr 21, 2026InitiatedRaymond JamesUnderperform
Mar 06, 2026InitiatedNeedhamBuy$124+28.6%
Feb 18, 2026UpgradeRobert W. BairdNeutral → Outperform$128+32.8%
Feb 13, 2026DowngradeGuggenheimBuy → Neutral
Jan 05, 2026UpgradeJohnson RiceAccumulate → Buy$130+34.8%
Nov 04, 2025DowngradeArgusBuy → Hold
Nov 03, 2025UpgradeStephensEqual-Weight → Overweight$130+34.8%
Oct 31, 2025DowngradeRobert W. BairdOutperform → Neutral$118+22.4%
Aug 01, 2025DowngradeJohnson RiceBuy → Accumulate

Peers

Mkt cap
TickerCompanyMkt cap
BMIBadger Meter Inc4.39B
ESEEsco Technologies Inc7.30B
XYLXylem Inc21.58B
HUBBHubbell Inc23.25B
ROPRoper Technologies Inc47.33B
DGIIDigi International Inc2.22B
ALRMAlarm.com Holdings Inc3.26B
MWAMueller Water Products Inc3.73B
HONHoneywell International Inc71.15B
GEVGE Vernova Inc220.21B

Insider trading

latest 14 of 100
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Wright David MarshallVP, Corp. Controller & CAONov 02 '26Sale100.0082081,998410Nov 04 12:45 PM
Wright David MarshallVP, Corp. Controller & CAONov 03 '26Sale98.7941040,5040Nov 04 12:45 PM
Wright David MarshallVP, Corp. Controller & CAONov 02 '26Sale100.0810010,0087,341Nov 04 12:45 PM
Wright David MarshallMember of immediate family ofNov 03 '26Proposed Sale98.7941040,504Nov 03 12:27 PM
Wright David MarshallMember of immediate family ofNov 02 '26Proposed Sale99.8841040,949Nov 02 04:33 PM
Wright David MarshallMember of immediate family ofNov 02 '26Proposed Sale100.1241041,049Nov 02 04:15 PM
Wright David MarshallOfficerNov 02 '26Proposed Sale100.0810010,008Nov 02 04:15 PM
Patrick Justin KSVP, Device SolutionsSep 03 '26Sale97.3610,210994,04622,065Sep 04 12:52 PM
Patrick Justin KOfficerSep 03 '26Proposed Sale97.3610,210994,046Sep 03 11:38 AM
Reeves Donald L. IIISVP, OutcomesAug 25 '26Sale99.9928328,29727,662Aug 26 01:15 PM
Wright David MarshallVP, Corp. Controller & CAOAug 24 '26Sale98.79767,5088,671Aug 25 04:41 PM
Ware Christopher E.SVP, GC & Corp. SecretaryAug 24 '26Sale98.7920019,75829,916Aug 25 04:39 PM
Reeves Donald L. IIISVP, OutcomesAug 24 '26Sale98.7932932,50227,945Aug 25 04:36 PM
Pulatie-Hahn Laurie AnnSVP, HRAug 24 '26Sale98.7917817,58531,930Aug 25 04:34 PM

Held by

AUM
TickerCompanyAUM
IJRiShares Core S&P Small-Cap ETFAUM: 107.13B
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
IWMiShares Russell 2000 Index FundAUM: 77.86B
VGTVanguard Information Technology ETFAUM: 142.20B
VBVanguard Morningstar Small-Cap ETFAUM: 80.23B
DFATU.S. Targeted Value Portfolio-ETF Class SharesAUM: 14.54B
GRIDFirst Trust Clean Edge Smart GridAUM: 10.88B
VBKVanguard Morningstar Small-Cap Growth ETFAUM: 22.68B
VXFVanguard Extended Market Index ETFAUM: 30.79B
IWNiShares Russell 2000 Value ETFAUM: 14.17B

News

latest 14 of 200
  • Itron Brings Grid Edge Intelligence to EMEA to Extend Visibility Across the Low-Voltage Grid (GlobeNewswire)
  • ACT Government City and Environment Directorate Builds on Seven Years of Smart Lighting Success with Itron and Omexom (GlobeNewswire)
  • Itron Announces Participation at Upcoming Investor Conferences (GlobeNewswire)
  • Itron reports strong Q3 earnings (The Spokesman-Review, Spokane, Wash.) +7.77%
  • Itron Crushes EPS Guidance On Margin Gains, But Thin Organic Growth And A Trimmed Revenue Range Temper The Beat (Earnings Whispers)
  • Itron Boosts FY26 Adj. EPS Outlook - Update (RTT News)
  • Itron: Q3 Earnings Snapshot (Associated Press)
  • Itron Announces Third Quarter 2026 Financial Results (GlobeNewswire)
  • Eversource Energy Wins 2026 Itron Innovator Award for Creating Blueprint for Utility Modernization (GlobeNewswire)
  • Itron Study: Nordic Utilities Have Built Strong Data Foundations, With Automation the Key to Turning Intelligence into Action (GlobeNewswire)
  • Itron Global Study: 93% of Utilities Say Major Data Investments Are Delivering More Value Than They Were Built For (GlobeNewswire)
  • SmartMark Collaborates with Itron to Deliver Customer-to-Grid Solutions (PR Newswire)
  • Duquesne Light Company Builds Foundation for Grid Edge Intelligence with Itron (GlobeNewswire)
  • Itron and PG&E Advance Strategic Collaboration to Address Wildfire Mitigation with Grid Edge Intelligence (GlobeNewswire)

Quarterly earnings

2026Q3 EPS 1.940 beat 1.556, from 1.540 a year earlier. Sales 599.33 beat 595.5, from 581.63 a year earlier
EPS
2.46002024Q4 EPS 1.350 against 1.06024Q42025Q1 EPS 1.520 against 1.31725Q12025Q2 EPS 1.620 against 1.36425Q22025Q3 EPS 1.540 against 1.47725Q32025Q4 EPS 2.460 against 2.18725Q42026Q1 EPS 1.490 against 1.23926Q12026Q2 EPS 1.590 against 1.28626Q22026Q3 EPS 1.940 against 1.55626Q3
Sales, USD millions
614.4902024Q4 sales 612.86 against 604.1624Q42025Q1 sales 607.15 against 614.4925Q12025Q2 sales 606.76 against 608.8225Q22025Q3 sales 581.63 against 578.4525Q32025Q4 sales 571.66 against 561.525Q42026Q1 sales 586.98 against 572.0426Q12026Q2 sales 562.9 against 566.3426Q22026Q3 sales 599.33 against 595.526Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-10-27 08:301.9401.5561.610599.33595.5EPS +24.7% · sales +0.6%vs 2025Q3, year-ago quarter · EPS +26.0% · sales +3.0%9 EPS · 10 salesOpen -0.11% vs SPY +0.26%. Close +7.77% vs SPY +0.56%
2026Q2ended 2026-06-302026-07-28 08:301.5901.2861.194562.9566.34EPS +23.7% · sales -0.6%vs 2025Q2, year-ago quarter · EPS -1.9% · sales -7.2%11 EPS · 12 salesOpen +8.22% vs SPY +0.01%. Close +26.23% vs SPY +0.24%
2026Q1ended 2026-03-312026-04-28 08:301.4901.2391.176586.98572.04EPS +20.3% · sales +2.6%vs 2025Q1, year-ago quarter · EPS -2.0% · sales -3.3%11 EPS · 12 salesOpen -0.77% vs SPY -0.47%. Close +0.09% vs SPY -0.49%
2025Q4ended 2025-12-312026-02-17 08:302.4602.1872.206571.66561.5EPS +12.5% · sales +1.8%vs 2024Q4, year-ago quarter · EPS +82.2% · sales -6.7%9 EPS · 10 salesOpen +10.66% vs SPY -0.24%. Close +7.91% vs SPY +0.16%
2025Q3ended 2025-09-302025-10-30 08:301.5401.4771.406581.63578.45EPS +4.3% · sales +0.5%vs 2024Q3, year-ago quarter · EPS -16.3% · sales -5.5%9 EPS · 10 salesOpen -1.43% vs SPY -0.51%. Close -21.12% vs SPY -1.10%
2025Q2ended 2025-06-302025-07-31 08:301.6201.3641.474606.76608.82EPS +18.8% · sales -0.3%vs 2024Q2, year-ago quarter · EPS +33.9% · sales -0.4%9 EPS · 10 salesOpen -5.57% vs SPY +0.79%. Close -10.03% vs SPY -0.38%
2025Q1ended 2025-03-312025-05-01 08:301.5201.3171.418607.15614.49EPS +15.4% · sales -1.2%vs 2024Q1, year-ago quarter · EPS +22.6% · sales +0.6%10 EPS · 12 salesOpen -2.77% vs SPY +1.05%. Close -2.91% vs SPY +0.71%
2024Q4ended 2024-12-312025-02-25 08:301.3501.0601.262612.86604.16EPS +27.4% · sales +1.4%vs 2023Q4, year-ago quarter · EPS +9.8% · sales +6.2%11 EPS · 13 salesOpen +10.69% vs SPY -0.01%. Close +9.95% vs SPY -0.50%
2024Q3ended 2024-09-302024-10-31 08:301.8401.1201.701615.46596.41EPS +64.3% · sales +3.2%vs 2023Q3, year-ago quarter · EPS +87.8% · sales +9.8%13 EPS · 14 salesOpen +6.20% vs SPY -0.77%. Close +7.61% vs SPY -1.96%
2024Q2ended 2024-06-302024-08-01 08:301.2100.9411.103609.07599.25EPS +28.5% · sales +1.6%vs 2023Q2, year-ago quarter · EPS +86.2% · sales +12.6%12Open +2.67% vs SPY +0.32%. Close +4.50% vs SPY -1.42%
2024Q1ended 2024-03-312024-05-02 08:301.2400.8391.116603.44579.49EPS +47.9% · sales +4.1%vs 2023Q1, year-ago quarter · EPS +153.1% · sales +22.0%10 EPS · 12 salesOpen +5.96% vs SPY +0.76%. Close +9.05% vs SPY +0.94%
2023Q4ended 2023-12-312024-02-26 08:301.2300.7550.964577.17570.24EPS +63.0% · sales +1.2%vs 2022Q4, year-ago quarter · EPS +73.2% · sales +23.5%10 EPS · 12 salesOpen +24.61% vs SPY +0.09%. Close +22.06% vs SPY -0.37%
2023Q3ended 2023-09-302023-11-02 08:300.9800.5100.874560.77540.25EPS +92.3% · sales +3.8%vs 2022Q3, year-ago quarter · EPS +326.1% · sales +33.2%9 EPS · 8 sales-
2023Q2ended 2023-06-302023-08-03 08:300.6500.3060.533541.07515.86EPS +112.8% · sales +4.9%vs 2022Q2, year-ago quarter · EPS +828.6% · sales +25.3%8-
2023Q1ended 2023-03-312023-05-04 08:300.4900.106-0.261494.62464.22EPS +361.0% · sales +6.5%vs 2022Q1, year-ago quarter · EPS +345.5% · sales +4.1%9-
2022Q4ended 2022-12-312023-02-27 08:300.7100.0860.489467.49433.64EPS +722.7% · sales +7.8%vs 2021Q4, year-ago quarter · EPS -5.3% · sales -3.7%9 EPS · 8 sales-

Annual earnings

2025FY EPS 7.130 beat 6.859, from 5.620 a year earlier. Sales 2,367 beat 2,357, from 2,441 a year earlier
EPS
7.13002018FY EPS 2.650 against 2.45720182019FY EPS 3.320 against 3.14120192020FY EPS 1.850 against 1.54220202021FY EPS 1.750 against 1.21920212022FY EPS 1.130 against 0.50620222023FY EPS 3.360 against 2.88020232024FY EPS 5.620 against 5.34320242025FY EPS 7.130 against 6.8592025
Sales, USD millions
2,50202018FY sales 2,376 against 2,38220182019FY sales 2,502 against 2,47320192020FY sales 2,173 against 2,21820202021FY sales 1,982 against 2,00420212022FY sales 1,796 against 1,76220222023FY sales 2,174 against 2,16720232024FY sales 2,441 against 2,43220242025FY sales 2,367 against 2,3572025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2030FYestimate-10.250--3,1009.41
2029FYestimate-9.180--2,88010.50
2028FYestimate-7.834--2,65412.31
2027FYestimate-6.947--2,51813.88
2026FYestimate-6.770--2,37714.24
2025FY7.1306.8596.5002,3672,35713.02
2024FY5.6205.3435.1772,4412,43219.32
2023FY3.3602.8802.1152,1742,16722.47
2022FY1.1300.506-0.2161,7961,76244.82
2021FY1.7501.219-1.8341,9822,00439.15
2020FY1.8501.542-1.4402,1732,21851.84
2019FY3.3203.1411.2262,5022,47325.29
2018FY2.6502.457-2.5292,3762,38217.85
2017FY3.0602.9771.4552,0182,00222.29
2016FY2.5402.4510.8202,0132,00624.74
2015FY1.0101.0000.3301,8781,87595.46
2014FY1.6001.623-0.5801,9711,95260.26
2013FY1.9002.276-3.7401,9491,95150.74
2012FY3.6203.6792.7102,1782,13126.63
2011FY4.2904.113-12.5602,4342,38122.47
2010FY3.8904.0742.5602,2592,22024.78

Quarterly results

2026Q3 revenue 599.33, from 581.62 a year earlier. Operating margin 16.0%, from 14.3% a year earlier
Revenue, USD millions
612.8602024Q4 revenue 612.8624Q42025Q1 revenue 607.1525Q12025Q2 revenue 606.7625Q22025Q3 revenue 581.6225Q32025Q4 revenue 571.6625Q42026Q1 revenue 586.9826Q12026Q2 revenue 562.926Q22026Q3 revenue 599.3326Q3
Operating margin
16.002024Q4 operating margin 10.8%24Q42025Q1 operating margin 12.5%25Q12025Q2 operating margin 12.8%25Q22025Q3 operating margin 14.3%25Q32025Q4 operating margin 14.8%25Q42026Q1 operating margin 12.6%26Q12026Q2 operating margin 13.8%26Q22026Q3 operating margin 16.0%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 6.77 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYEper share2026-11-096.770.0%
2026Q4Eper share2026-11-091.76+0.0%
2026FYSUSD millions2026-11-092,3770.0%
2026Q4S-2026-11-09628.340.0%
2026FYRper share2026-11-055.57+1.0%
2026Q4Rper share2026-11-051.57+0.9%
2026Q3Eper share2026-10-191.560.0%
2026Q3S-2026-10-19595.50.0%
2026Q3Rper share2026-10-161.340.0%
2026Q2Eper share2026-07-171.29+0.0%
2026Q2S-2026-07-17566.34+0.0%
2026Q2Rper share2026-07-121.110.0%
2026Q1Eper share2026-04-211.240.0%
2026Q1S-2026-04-21572.04+0.0%
2026Q1Rper share2026-04-201.10+0.2%
2025FYEper share2026-02-176.86+0.0%
2025Q4Eper share2026-02-172.19+0.1%
2025FYRper share2026-02-176.340.0%
2025FYSUSD millions2026-02-172,358+0.0%
2025Q4S-2026-02-17562.14+0.1%
2025Q4Rper share2026-02-122.04-0.2%
2025Q3Eper share2025-10-281.480.0%
2025Q3S-2025-10-28578.450.0%
2025Q3Rper share2025-10-151.38+0.0%
2025Q2Rper share2025-07-251.25+1.4%
2025Q2Eper share2025-07-211.32-0.2%
2025Q2S-2025-07-21609.42+0.1%
2025Q1Eper share2025-04-211.320.0%
2025Q1S-2025-04-16614.490.0%
2025Q1Rper share2025-04-101.22-0.1%
2024FYEper share2025-02-255.33-0.2%
2024Q4Eper share2025-02-251.05-1.0%
2024FYRper share2025-02-254.89-0.1%
2024Q4Rper share2025-02-250.98+0.7%
2024FYSUSD millions2025-02-252,431-0.1%
2024Q4S-2025-02-25602.88-0.2%
2024Q3Eper share2024-10-211.12-0.7%
2024Q3S-2024-10-21596.410.0%
2024Q3Rper share2024-10-161.03+0.0%
2024Q2S-2024-07-19599.250.0%
2024Q2Eper share2024-07-160.94+0.2%
2024Q2Rper share2024-07-160.88+0.2%
2024Q1S-2024-04-24579.490.0%
2024Q1Eper share2024-04-160.840.0%
2024Q1Rper share2024-04-160.75+0.0%
2023FYRper share2024-02-191.800.0%
2023FYEper share2024-02-092.88-0.1%
2023FYSUSD millions2024-02-092,167+0.0%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share1.455-2.5291.226-1.44-1.834-0.2162.1155.1776.4996.1824-
Sales USD millions2,0182,3762,5022,1731,9821,7962,1742,4412,3672,321-
Shares million shares393940404545464545-44
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share1.7011.2621.4181.4741.4062.2061.1761.1941.607
Sales USD millions615613607607582572587563599
Shares million shares454546464645444444

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue2,320.872,367.19-3.0%2,440.84+12.3%2,173.63+21.1%1,795.56-9.4%1,981.57-8.8%2,173.35-13.2%2,502.47+5.3%2,376.12
Cost of Goods Sold Incl. D&A1,407.031,493.11-7.8%1,619.35+9.5%1,478.64+13.8%1,299.09-10.1%1,444.61-10.5%1,614.67-11.1%1,815.58+5.7%1,717.51
Gross Profit913.85874.08+6.4%821.49+18.2%694.99+40.0%496.47-7.5%536.97-3.9%558.68-18.7%686.89+4.3%658.61
Selling, General and Administrative Excl. Other582.12552.57-0.3%554.10+6.3%521.47+9.7%475.55-4.5%497.91+5.9%470.00-10.0%522.47-3.1%539.12
Research and Development221.21207.04-3.7%215.03+3.0%208.69+12.7%185.10-6.2%197.24+1.6%194.10-4.0%202.20-2.7%207.91
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income331.73321.51+20.2%267.39+54.1%173.52+729.4%20.92-46.4%39.06-56.0%88.69-46.1%164.42+37.6%119.49
Interest Expense23.0022.45+46.0%15.38+84.2%8.35+24.3%6.72-77.3%29.62-20.5%37.27-34.1%56.58-7.3%61.03
Unusual Expense13.948.36+211.9%2.68-93.9%43.99+71.0%25.72-59.5%63.52+28.1%49.58+40.5%35.30-78.7%165.36
Net Income Before Taxes330.23342.27+20.3%284.53+123.4%127.39-15.74-123.81-56.64-177.6%73.03-109.15
Income Taxes48.8938.93-10.3%43.41+49.3%29.07-6.20-45.51-19062.5%0.24-98.8%20.62-12.57
Consolidated Net Income281.34303.33+25.8%241.12+145.2%98.32-9.55-78.30-56.88-208.5%52.41-96.58
Net Income From Continuing Operations279.73301.06+25.9%239.10+146.7%96.92-9.73-81.25-57.95-218.2%49.01-99.25
Net Income279.73301.06+25.9%239.10+146.7%96.92-9.73-81.25-57.95-218.2%49.01-99.25
EPS (Recurring) per share6.526.63+27.0%5.22+87.1%2.79+1450.0%0.18-0.83-0.58-131.5%1.84+338.1%0.42
EPS (Basic, Before Extraordinaries) per share6.286.62+25.6%5.27+147.4%2.13-0.22-1.83-1.44-216.1%1.24-2.53
EPS (Diluted) per share6.186.50+25.5%5.18+145.5%2.11-0.22-1.83-1.44-217.1%1.23-2.53
EBITDA392.99369.95+14.3%323.66+41.2%229.29+161.5%87.68-37.5%140.32-31.3%204.16-31.4%297.78+23.1%241.99
Non-Operating Income (Expense)35.4451.57+46.5%35.20+467.7%6.20-4.22-69.73-58.48-11796.0%0.50-2.25
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense49.2051.23-15.5%60.60+50.3%40.31+126.2%17.82-18.5%21.87-7.7%23.69-4.7%24.87-9.3%27.41
Price To Earnings Ratio ratio statement ratio, not the snapshot15.5915.5922.2346.19---68.41-
Price To Sales Ratio ratio1.651.822.051.591.271.531.781.340.78
Gross Margin %39.3836.9233.6631.9727.6527.1025.7127.4527.72
Operating Margin %14.2913.5810.957.981.171.974.086.575.03
Net Margin %12.0512.729.804.46-0.54-4.10-2.671.96-4.18
Shares Outstanding million shares43.8544.93-0.4%45.13-0.8%45.51+0.7%45.19+0.1%45.15+11.6%40.44+1.3%39.94+1.1%39.50
Market Capitalization4,228.584,228.58-13.6%4,895.83+42.5%3,435.16+50.1%2,288.27-26.2%3,102.06-19.9%3,874.06+16.6%3,321.73+78.2%1,863.98

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue599.33+3.0%562.90-7.2%586.98-3.3%571.66-6.7%581.62-5.5%606.76-0.4%607.15+0.6%612.86+6.2%
Cost of Goods Sold Incl. D&A362.92-1.0%340.74-12.1%358.83-9.0%344.53-14.6%366.48-10.8%387.69-3.8%394.41-1.9%403.50+4.7%
Gross Profit236.41+9.9%222.16+1.4%228.15+7.2%227.13+8.5%215.14+5.1%219.07+6.4%212.74+5.6%209.36+9.1%
Selling, General and Administrative Excl. Other140.78+6.7%144.61+2.3%154.38+12.7%142.35-0.7%131.88+0.8%141.39-0.1%136.95-1.0%143.39+5.8%
Research and Development56.96+13.9%56.14+4.3%55.00+9.8%53.11-9.0%50.03-2.4%53.81+1.4%50.09-4.4%58.34+8.2%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income95.63+14.9%77.55-0.2%73.77-2.7%84.78+28.5%83.26+12.7%77.68+20.5%75.79+20.3%65.97+17.0%
Interest Expense5.86+3.7%5.77+2.1%5.81+3.9%5.56-0.5%5.65+0.7%5.65+146.7%5.59+195.8%5.59+198.9%
Unusual Expense0.14-90.5%1.49+17.3%6.196.12+85.5%1.471.27-0.50-350.0%3.30-53.7%
Net Income Before Taxes97.02+7.0%80.21-3.9%67.19-18.3%85.81+22.8%90.70+10.0%83.48+24.5%82.28+26.2%69.85+41.2%
Income Taxes25.75+5.2%26.73+81.5%13.61-19.6%-17.20-252.5%24.48+595.5%14.73-3.0%16.93+26.1%11.28+147.9%
Consolidated Net Income71.27+7.6%53.47-22.2%53.59-18.0%103.01+75.9%66.22-16.1%68.75+32.6%65.35+26.2%58.57+30.4%
Net Income From Continuing Operations71.37+8.8%53.27-22.1%53.46-18.3%101.63+74.9%65.61-15.8%68.34+33.2%65.47+26.6%58.11+30.9%
Net Income71.37+8.8%53.27-22.1%53.46-18.3%101.63+74.9%65.61-15.8%68.34+33.2%65.47+26.6%58.11+30.9%
EPS (Recurring) per share1.61+12.6%1.22-18.1%1.27-9.9%2.30+75.6%1.43-15.4%1.49+35.5%1.41+25.9%1.31+22.4%
EPS (Basic, Before Extraordinaries) per share1.63+14.0%1.21-19.3%1.20-16.7%2.25+74.4%1.43-17.3%1.50+33.9%1.44+27.4%1.29+31.6%
EPS (Diluted) per share1.61+14.2%1.19-19.0%1.18-16.9%2.21+75.4%1.41-17.1%1.47+33.6%1.42+26.8%1.26+31.3%
EBITDA111.50+17.0%93.61+4.2%89.81+2.2%98.08+20.7%95.30+7.5%89.80+15.1%87.86+16.0%81.27+15.9%
Non-Operating Income (Expense)7.40-49.2%9.91-22.1%5.43-53.1%12.71-0.5%14.56+8.7%12.72+167.8%11.58+169.9%12.77+516.9%
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense10.69-10.8%10.55-27.5%16.47+24.9%11.49-29.5%11.99-16.4%14.56+2.0%13.19-15.9%16.30+40.4%
Price To Earnings Ratio ratio statement ratio, not the snapshot15.5913.8213.7816.7021.2824.0020.2222.23
Price To Sales Ratio ratio1.651.681.741.812.412.501.982.05
Gross Margin %39.4539.4738.8739.7336.9936.1135.0434.16
Operating Margin %15.9613.7812.5714.8314.3112.8012.4810.76
Net Margin %11.919.469.1117.7811.2811.2610.789.48
Shares Outstanding million shares43.85-4.2%43.77-4.2%44.32-2.7%44.93-0.4%45.79+1.7%45.71+1.7%45.57-0.6%45.13-0.8%
Market Capitalization4,228.58-25.7%3,836.68-36.1%4,028.08-15.6%4,253.12-13.1%5,694.62+18.6%6,000.76+32.2%4,773.91+13.2%4,895.83+42.5%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments1,020.40-2.9%1,051.24+248.0%302.05+49.5%202.01+24.3%162.58-21.4%206.93+38.0%149.90+24.6%120.27-31.8%176.32
Short Term Receivables367.79+4.9%350.47+15.4%303.82+8.3%280.44-6.0%298.46-19.3%369.83-21.8%472.93+8.2%437.16+9.8%398.03
Inventories242.89-10.3%270.73-4.6%283.69+24.0%228.70+37.9%165.80-9.1%182.38-20.0%227.90+3.3%220.67+13.8%193.84
Other Current Assets191.24+33.3%143.46-10.3%159.88+35.0%118.44-3.8%123.09-28.1%171.12+16.8%146.53+24.1%118.03+44.7%81.55
Total Current Assets1,822.32+0.4%1,815.89+73.0%1,049.44+26.5%829.58+10.6%749.93-19.4%930.26-6.7%997.25+11.3%896.14+5.5%849.74
Net Property, Plant & Equipment141.53-2.0%144.38-15.1%169.99-11.9%192.95-15.6%228.71-19.5%284.09-9.2%313.00+38.2%226.55+12.8%200.77
Total Investments and Advances0.000.000.000.000.000.00-100.0%2.87-98.9%255.32-54.7%564.17
Intangible Assets1,428.32+30.4%1,095.24-0.3%1,098.79-0.4%1,103.66-7.4%1,191.50-5.8%1,264.87-1.9%1,289.00-6.2%1,374.12+111.1%650.99
Deferred Tax Assets265.18-14.5%310.28+25.5%247.21+16.6%211.98+16.8%181.47+138.3%76.14+19.2%63.90-1.4%64.83+29.7%49.97
Other Assets63.35+51.4%41.83+7.7%38.84-2.7%39.90-5.4%42.18-18.4%51.66+23.5%41.82-207.98-209.49
Total Assets3,720.71+9.2%3,407.62+30.8%2,604.26+9.5%2,378.08-0.7%2,393.79-8.2%2,607.02-3.7%2,707.84+3.8%2,608.98+23.9%2,106.15
Short Term Debt Incl. Current Port. of LT Debt475.35+3160.3%14.58-2.7%14.98-6.2%15.97-3.8%16.60-52.0%34.60+102.9%17.05-40.0%28.44+38.1%20.60
Accounts Payable156.29+7.8%144.93-27.4%199.52-15.9%237.18+22.8%193.13-10.4%215.64-34.3%328.13+5.9%309.95+18.2%262.17
Income Tax Payable16.62-15.6%19.69+127.9%8.64-43.6%15.32+25.5%12.21-22.7%15.80-28.8%22.19+50.4%14.75-8.4%16.10
Other Current Liabilities363.97+4.3%349.06+11.1%314.10+36.5%230.10-17.6%279.40-1.6%283.85-6.6%304.02+1.5%299.56+43.4%208.91
Total Current Liabilities1,012.23+91.6%528.26-1.7%537.24+7.8%498.57-0.6%501.34-8.8%549.90-18.1%671.39+2.9%652.71+28.5%507.78
Long Term Debt808.43-36.2%1,267.77+160.1%487.48-1.9%496.90-2.1%507.54-47.6%969.40-3.2%1,001.40+1.3%988.18+66.5%593.57
Provision for Risks Charges73.35-13.1%84.38-31.3%122.79+31.7%93.23-40.5%156.78-9.6%173.42+15.1%150.64+4.4%144.36+23.4%117.03
Deferred Tax Liabilities0.62+10.7%0.56-20.0%0.70-15.7%0.83-58.5%2.00+4.2%1.92+6.1%1.81+17.5%1.54+1.3%1.52
Other Liabilities87.89-23.7%115.22-7.6%124.63+28.5%96.99+16.3%83.37+15.6%72.11-11.8%81.78-7.2%88.14+9.3%80.61
Total Liabilities1,982.51-0.7%1,996.19+56.8%1,272.83+7.3%1,186.52-5.2%1,251.03-29.2%1,766.75-7.4%1,907.03+1.7%1,874.93+44.2%1,300.52
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity1,716.60+23.4%1,390.60+6.1%1,310.91+12.2%1,168.47+4.7%1,116.08+36.7%816.55+5.2%776.54+9.0%712.66-9.4%786.42
Total Shareholders Equity1,716.60+23.4%1,390.60+6.1%1,310.91+12.2%1,168.47+4.7%1,116.08+36.7%816.55+5.2%776.54+9.0%712.66-9.4%786.42
Accumulated Minority Interest21.60+3.7%20.83+1.5%20.52-11.1%23.08-13.5%26.68+12.4%23.73-2.3%24.28+13.5%21.39+11.3%19.22
Total Equity1,738.20+23.2%1,411.43+6.0%1,331.43+11.7%1,191.56+4.3%1,142.76+36.0%840.27+4.9%800.82+9.1%734.05-8.9%805.63
Total Liabilities & Stockholders Equity3,720.71+9.2%3,407.62+30.8%2,604.26+9.5%2,378.08-0.7%2,393.79-8.2%2,607.02-3.7%2,707.84+3.8%2,608.98+23.9%2,106.15
Book Value Per Share per share38.21+24.0%30.81+7.0%28.80+11.4%25.86+4.6%24.72+22.4%20.19+3.9%19.44+7.8%18.04-11.0%20.28
Tangible Book Value Per Share per share6.42-1.8%6.54+40.3%4.66+225.9%1.43-1.67-11.09-12.83-16.75-579.9%3.49
Full-Time Employees people5,550-4.1%5,788-1.2%5,859+7.0%5,477-9.7%6,065-10.1%6,749-14.6%7,900-1.2%8,000+2.6%7,800
Price to Book Ratio ratio2.493.632.772.092.774.754.322.623.43
Return on Assets %8.457.953.89-0.41-3.25-2.181.84-4.213.11
Return on Equity %19.3817.707.82-0.85-8.41-7.286.58-13.248.08
Return on Invested Capital %11.928.995.39-0.58-5.00-3.252.76-5.844.15
Quick Ratio ratio1.562.921.431.211.171.361.151.031.29
Current Ratio ratio1.803.441.951.661.501.691.491.371.67

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income281.34303.33+25.8%241.12+145.2%98.32-9.55-78.30-56.88-208.5%52.41-96.58
Depreciation68.9049.52-12.0%56.28+0.9%55.76-16.5%66.76-34.1%101.26-12.3%115.47-13.4%133.36+8.9%122.50
Other Funds (Non Cash)53.4577.05+10.9%69.47+40.7%49.36-8.1%53.70-54.5%118.08+12.2%105.28+297.1%26.51-34.7%40.62
Funds from Operations414.71494.84+50.8%328.08+94.4%168.79+115.6%78.28+41.1%55.47-63.2%150.93-28.8%212.09+347.4%47.41
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-41.45-91.10-89.91-43.82-53.78-160.0%89.57-41.42-39.25-163.0%62.35
Cash from Operating Activities373.26403.74+69.5%238.18+90.6%124.97+410.1%24.50-83.1%145.04+32.4%109.51-36.6%172.84+57.5%109.75
Capital Expenditures-27.35-22.89-30.56-26.88-19.75-34.68-46.21-60.75-59.95
Net Assets From Acquisitions-839.93-325.04-34.10-0.770.00-8.670.000.00-803.08
Sale of Fixed Assets and Businesses0.000.28-31.7%0.410.00-100.0%55.96+1682.2%3.14+177.9%1.130.000.00
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.00-0.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses0.00-2.000.000.00-----
Other Sources3.100.00-100.0%0.85-80.5%4.35+0.9%4.31-19.1%5.33+31.9%4.04-67.9%12.57+3297.3%0.37
Cash from Investing Activities-864.19-349.65-63.41-23.31-157.5%40.52-34.88-41.04-48.18-862.66
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock-248.46-92.68-91.68-2598.1%3.67-13.52-103.9%347.68+3810.9%8.89-0.61-106.7%9.17
Repurchase of Common Pref Stock-252.23-100.00-100.000.00-16.97-8.030.00-25.000.00
Sale of Common Pref Stock3.787.32-12.0%8.32+126.7%3.67+6.4%3.45-99.0%355.71+3901.2%8.89-63.6%24.39+166.0%9.17
Proceedsfrom Stock Options3.787.32-12.0%8.32+126.7%3.67+6.4%3.45-98.9%310.36+3391.1%8.89-63.6%24.39+166.0%9.17
Issuance or Reduction of Debt, Net252.180.00-100.0%674.130.000.00-498.12-15.63-89.22-122.8%391.54
Change in Long Term Debt252.180.00-100.0%674.130.000.00-498.12-15.63-89.22-122.8%391.54
Issuance of Long Term Debt805.000.00-100.0%783.130.000.00-100.0%447.97+12.4%398.43+722.5%48.44-93.6%754.90
Reduction of Long Term Debt-552.820.00-109.000.000.00-946.09-414.06-137.66-363.36
Net Financing Active Other Cash Flow-2.29-2.57-2.88-4.71-5.22-2.44-4.83-7.69-4.89
Other Financing Activities Uses-2.29-2.57-2.88-4.71-5.22-2.44-4.83-7.69-4.89
Cash from Financing Activities1.44-95.25-116.4%579.57-3.51-18.74-152.89-11.58-97.52-124.6%395.82
Exchange Rate Effect-2.1310.32-5.15-372.5%1.89-6.85-1.63-1353.8%0.13-69.8%0.43-7.92
Net Change in Cash-491.62-30.84-104.1%749.19+648.9%100.04+153.7%39.43-44.35-177.8%57.03+106.8%27.58-365.01
Free Cash Flow345.91380.85+83.4%207.61+111.7%98.09+1965.1%4.75-95.7%110.36+74.3%63.31-43.5%112.09+125.1%49.80
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio11.0911.2924.1635.29480.6227.5060.9829.9437.26
Deferred Taxes & Investment Tax Credit-64.94-38.79-34.65-32.63-85.57-12.94-0.19-19.13

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments840.32-36.9%745.23-39.1%712.85-36.5%1,020.40-2.9%1,331.94+35.6%1,224.26+33.0%1,123.27+273.7%1,051.24+248.0%
Short Term Receivables380.06+2.9%351.11+3.2%393.17+13.4%367.79+4.9%369.51+9.1%340.32+7.4%346.60+2.0%350.47+15.4%
Inventories280.97+10.1%258.73-8.7%239.89-14.9%242.89-10.3%255.28-7.7%283.30-2.9%281.88-1.9%270.73-4.6%
Other Current Assets182.97-2.3%194.46+37.9%178.77+18.6%191.24+33.3%187.30+19.6%141.00-12.0%150.78-10.9%143.46-10.3%
Total Current Assets1,684.33-21.4%1,549.52-22.1%1,524.68-19.9%1,822.32+0.4%2,144.03+22.2%1,988.87+17.7%1,902.53+73.4%1,815.89+73.0%
Net Property, Plant & Equipment166.57+15.1%154.95+2.6%158.83+13.7%141.53-2.0%144.73-8.5%151.01-5.4%139.68-15.8%144.38-15.1%
Total Investments and Advances0.000.000.000.000.000.000.000.00
Intangible Assets1,945.47+74.0%1,956.87+74.3%1,972.14+79.1%1,428.32+30.4%1,117.83-0.3%1,122.83+0.9%1,101.41-1.8%1,095.24-0.3%
Deferred Tax Assets258.79-0.5%271.51-14.8%257.63-18.3%265.18-14.5%259.96-10.4%318.60+12.3%315.18+26.2%310.28+25.5%
Other Assets61.87+39.9%60.69+42.9%64.93+46.4%63.35+51.4%44.21+8.4%42.46+10.3%44.34+4.6%41.83+7.7%
Total Assets4,117.03+10.9%3,993.54+10.2%3,978.20+13.6%3,720.71+9.2%3,710.76+10.3%3,623.77+10.3%3,503.14+30.9%3,407.62+30.8%
Short Term Debt Incl. Current Port. of LT Debt0.00-100.0%0.00-100.0%0.00-100.0%475.35+3160.3%458.93458.33457.7514.58-2.7%
Accounts Payable193.96+33.5%146.73+19.2%172.92+5.2%156.29+7.8%145.32-4.7%123.13-33.4%164.42-26.5%144.93-27.4%
Income Tax Payable27.69+74.5%24.75+81.5%22.17+21.5%16.62-15.6%15.87+11.2%13.64+6.6%18.24-34.3%19.69+127.9%
Other Current Liabilities374.19+1.9%392.75+3.9%378.52+10.4%363.97+4.3%367.26+3.5%377.96+12.0%343.01+4.9%349.06+11.1%
Total Current Liabilities595.83-39.7%564.23-42.0%573.62-41.7%1,012.23+91.6%987.37+89.3%973.06+81.8%983.42+70.0%528.26-1.7%
Long Term Debt1,617.95+99.5%1,601.33+96.7%1,602.11+98.2%808.43-36.2%810.80-36.1%814.08-35.8%808.46+66.0%1,267.77+160.1%
Provision for Risks Charges67.00-16.1%66.95-19.5%67.50-18.2%73.35-13.1%79.89-20.2%83.12-19.3%82.54-26.2%84.38-31.3%
Deferred Tax Liabilities1.41+74.1%1.39+110.6%9.62+1451.6%0.62+10.7%0.81+30.6%0.66-1.5%0.62-8.8%0.56-20.0%
Other Liabilities115.52-2.5%121.52+2.6%96.40-19.0%87.89-23.7%118.47+13.1%118.42+1.9%119.03+5.1%115.22-7.6%
Total Liabilities2,397.72+20.0%2,355.42+18.4%2,349.26+17.8%1,982.51-0.7%1,997.34+0.0%1,989.34-1.7%1,994.06+54.4%1,996.19+56.8%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity1,698.75+0.3%1,616.20+0.2%1,607.22+8.0%1,716.60+23.4%1,693.20+25.6%1,613.31+30.2%1,488.38+9.1%1,390.60+6.1%
Total Shareholders Equity1,698.75+0.3%1,616.20+0.2%1,607.22+8.0%1,716.60+23.4%1,693.20+25.6%1,613.31+30.2%1,488.38+9.1%1,390.60+6.1%
Accumulated Minority Interest20.56+1.7%21.93+3.8%21.73+5.0%21.60+3.7%20.22-0.7%21.120.0%20.70+0.5%20.83+1.5%
Total Equity1,719.31+0.3%1,638.13+0.2%1,628.95+7.9%1,738.20+23.2%1,713.42+25.2%1,634.42+29.6%1,509.08+8.9%1,411.43+6.0%
Total Liabilities & Stockholders Equity4,117.03+10.9%3,993.54+10.2%3,978.20+13.6%3,720.71+9.2%3,710.76+10.3%3,623.77+10.3%3,503.14+30.9%3,407.62+30.8%
Book Value Per Share per share38.74+4.8%36.92+4.6%36.26+11.0%38.21+24.0%36.98+23.5%35.29+28.0%32.66+9.7%30.81+7.0%
Tangible Book Value Per Share per share-5.63-144.8%-7.78-172.5%-8.23-196.9%6.42-1.8%12.57+149.9%10.73+280.5%8.49+59.9%6.54+40.3%
Full-Time Employees people---5,550-4.1%---5,788-1.2%
Price to Book Ratio ratio2.492.392.352.513.534.033.403.63
Return on Assets %7.157.197.738.457.287.818.187.95
Return on Equity %16.4916.9718.6719.3816.9318.9217.7317.70
Return on Invested Capital %2.151.661.674.022.622.822.852.19
Quick Ratio ratio2.362.292.241.561.911.751.652.92
Current Ratio ratio2.832.752.661.802.172.041.933.44

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income71.27+7.6%53.47-22.2%53.59-18.0%103.01+75.9%66.22-16.1%68.75+32.6%65.35+26.2%58.57+30.4%
Depreciation18.44+53.2%18.63+53.8%18.54+53.6%13.30-13.1%12.04-18.2%12.11-10.4%12.07-5.3%15.30+887.1%
Other Funds (Non Cash)17.71+3.9%13.38-37.9%4.70-77.4%17.65-21.9%17.05+4.5%21.54+42.6%20.80+34.8%22.61-8.8%
Funds from Operations121.05-21.3%63.33-35.5%80.29-13.4%150.04+99.5%153.84+52.1%98.20+33.9%92.76+18.3%75.19+116.9%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital-19.1724.40-15.96-30.73-759.4%-38.04-1.52-20.824.66-64.8%
Cash from Operating Activities101.88-12.0%87.73-9.3%64.33-10.6%119.31+49.4%115.80+77.3%96.68+86.2%71.94+75.0%79.85+66.7%
Capital Expenditures-6.41-6.61-6.53-7.81-4.42-6.02-4.64-9.68
Net Assets From Acquisitions0.170.00-515.05-325.04-1625300.0%0.000.000.000.02
Sale of Fixed Assets and Businesses0.00-100.0%0.000.000.000.280.00-100.0%0.000.00
Purchase or Sale of Investments0.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.00
Other Uses0.000.000.000.00-2.000.000.000.00
Other Sources0.013.080.010.0%0.00-100.0%-0.01-116.7%0.00-100.0%0.01-91.7%0.64-85.0%
Cash from Investing Activities-6.23-3.53-521.57-332.86-6.14-6.02-4.63-9.03
Cash Dividends Paid0.000.000.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock0.82-8.9%-50.94-1672.2%-99.32-4635.2%-99.01-2575.3%0.90-32.8%3.242.19+40.4%4.00+205.3%
Repurchase of Common Pref Stock0.00-52.23-100.00-100.000.000.000.000.00
Sale of Common Pref Stock0.82-8.9%1.29-60.2%0.68-68.9%0.99-75.3%0.90-32.8%3.24+129.8%2.19+40.4%4.00+205.3%
Proceedsfrom Stock Options0.82-8.9%1.29-60.2%0.68-68.9%0.99-75.3%0.90-32.8%3.24+129.8%2.19+40.4%4.00+205.3%
Issuance or Reduction of Debt, Net0.000.00252.180.000.000.00-100.0%0.00-0.26
Change in Long Term Debt0.000.00252.180.000.000.00-100.0%0.00-0.26
Issuance of Long Term Debt0.000.00805.000.000.000.00-100.0%0.00-0.26
Reduction of Long Term Debt0.000.00-552.820.000.000.000.000.00
Net Financing Active Other Cash Flow-1.49-0.24-0.27-0.28-1.78-0.25-0.26-0.26
Other Financing Activities Uses-1.49-0.24-0.27-0.28-1.78-0.25-0.26-0.26
Cash from Financing Activities-0.67-51.18-1811.7%152.59+7765.5%-99.29-2945.0%-0.892.99-99.5%1.94+51.6%3.49
Exchange Rate Effect0.12-0.64-108.7%-2.90-203.9%1.29-1.08-127.8%7.332.79-5.58-222.4%
Net Change in Cash95.09-11.7%32.38-67.9%-307.55-527.0%-311.55-553.3%107.69+74.1%100.99-83.7%72.0368.73+45.4%
Free Cash Flow95.47-14.3%81.13-10.5%57.81-14.1%111.50+58.9%111.38+89.8%90.67+102.3%67.30+98.2%70.17+78.5%
Price to Free Cash Flow ratio11.0910.6710.9711.2417.1221.2920.0724.08

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Product
Name20242025vs 20242025 share
Product2,131.382,008.98-5.7%84.9%
Service309.46358.22+15.8%15.1%
Total2,440.842,367.19-3.0%100.0%
Region
Name20242025vs 20242025 share
Asia Pacific94.80121.21+27.9%5.1%
EMEA339.00318.51-6.0%13.5%
United States and Canada2,007.051,927.48-4.0%81.4%
Total2,440.842,367.19-3.0%100.0%
Segment
Name20242025vs 20242025 share
Device Solutions476.58447.08-6.2%18.9%
Networked Solutions1,650.081,557.32-5.6%65.8%
Outcomes314.19359.74+14.5%15.2%
Resiliency Solutions-3.05-0.1%
Total2,440.842,367.19-3.0%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3013.83%6.0M43.2M633.12K
2026-10-1513.87%6.0M43.1M748.52K
2026-09-3013.82%6.0M43.1M739.03K
2026-09-1514.19%6.1M43.1M758.33K
2026-08-3114.47%6.2M43.1M774.78K
2026-08-1413.87%6.0M43.1M810.57K
2026-07-3113.85%6.0M43.1M809.50K
2026-07-1514.05%6.1M43.6M769.72K
2026-06-3014.44%6.3M43.6M783.31K
2026-06-1513.40%5.8M43.6M836.43K
2026-05-2913.40%5.8M43.6M893.15K
2026-05-1513.83%6.0M43.6M1.10M
2026-04-3013.46%5.9M43.7M1.13M
2026-04-1511.54%5.0M43.6M989.87K
2026-03-3111.96%5.3M44.1M990.44K
2026-03-1311.26%5.0M44.1M893.99K
2026-02-2711.05%4.9M44.1M819.17K
2026-02-137.75%3.4M44.1M634.30K
2026-01-306.73%3.0M45.2M747.99K
2026-01-156.45%2.9M45.2M880.22K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call45.0049.4053.500.00421.4%0.000.000.992-0.0520.003
call50.0044.4047.800.00332.0%0.000.000.970-0.1670.010
call55.0039.3042.8044.80291.3%1.000.000.966-0.1640.011
call60.0034.4037.8032.39254.1%4.000.000.961-0.1600.012
call65.0029.4033.600.00253.2%0.000.000.955-0.1550.013
call70.0024.4028.6030.03217.4%2.000.000.947-0.1490.015
call75.0019.4023.600.00183.4%0.000.000.937-0.1420.018
call80.0014.4018.6013.36150.5%23.000.000.922-0.1330.021
call85.0011.0012.3012.3082.1%63.000.000.899-0.1210.025
call90.005.009.2013.4598.2%1500.000.734-0.2580.046
call95.001.654.405.5964.5%1090.000.580-0.2550.055
call1000.052.802.8275.5%9600.000.396-0.2680.054
call1050.051.800.5583.9%2950.000.268-0.2540.047
call1100.002.350.10106.6%3240.000.223-0.2890.042
call1150.002.250.30126.7%1,6370.000.197-0.3190.039
call1200.002.600.25119.2%3.001.000.123-0.2200.029
call1250.002.150.10134.4%11.000.000.112-0.2320.027
call1300.002.703.00148.5%1.000.000.104-0.2420.025
call1350.002.702.00161.8%3.000.000.097-0.2510.024
call1400.002.700.00174.3%0.000.000.092-0.2600.023
call1450.002.701.97186.0%1.000.000.087-0.2670.022
call1500.002.700.00197.2%0.000.000.083-0.2740.022
call1550.002.700.95207.9%1.000.000.080-0.2800.021
put45.000.000.100.04225.4%20.000.00-0.008-0.0420.003
put50.000.002.700.13265.6%9.000.00-0.030-0.1620.010
put55.000.002.702.60232.0%2.000.00-0.034-0.1580.011
put60.000.002.353.38201.0%3.000.00-0.039-0.1530.012
put65.000.002.350.70172.2%5.000.00-0.045-0.1470.013
put70.000.002.350.05145.2%41.000.00-0.053-0.1410.015
put75.000.002.550.10119.6%53.000.00-0.063-0.1330.018
put80.000.000.750.23108.6%17.000.00-0.083-0.1510.023
put85.000.000.500.2870.7%47.000.00-0.101-0.1120.025
put90.000.051.950.3582.1%2720.00-0.266-0.2480.046
put95.000.153.500.8575.2%1710.00-0.420-0.2440.055
put1003.206.402.6077.3%20.000.00-0.604-0.2570.054
put1056.9011.000.0098.5%0.000.00-0.732-0.2430.047
put11011.7015.800.00118.2%0.000.00-0.777-0.2770.042
put11517.1019.800.00113.6%0.000.00-0.803-0.3060.039
put12022.1024.800.00131.0%0.000.00-0.877-0.2060.029
put12527.1029.8023.00147.1%0.000.00-0.888-0.2180.027
put13031.5035.700.00189.3%0.000.00-0.896-0.2280.025
put13536.5040.500.00198.6%0.000.00-0.903-0.2360.024
put14041.5045.700.00218.5%0.000.00-0.908-0.2440.023
put14546.5050.7058.54231.9%0.000.00-0.913-0.2510.022
put15051.5055.700.00244.6%0.000.00-0.917-0.2570.022
put15556.5060.700.00256.6%0.000.00-0.920-0.2630.021

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-03144Filing for proposed sale of securities under Rule 144.SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-304Statement of changes in beneficial ownership of securities2026-10-29SEC
2026-10-278-KCurrent report2026-10-27SEC
2026-10-2710-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-09-044Statement of changes in beneficial ownership of securities2026-09-03SEC
2026-09-03144Filing for proposed sale of securities under Rule 144.SEC
2026-08-264Statement of changes in beneficial ownership of securities2026-08-25SEC
2026-08-25144Filing for proposed sale of securities under Rule 144.SEC
2026-08-254Statement of changes in beneficial ownership of securities2026-08-24SEC
2026-08-254Statement of changes in beneficial ownership of securities2026-08-24SEC
2026-08-254Statement of changes in beneficial ownership of securities2026-08-24SEC
2026-08-254Statement of changes in beneficial ownership of securities2026-08-24SEC
2026-08-254Statement of changes in beneficial ownership of securities2026-08-24SEC
2026-08-254Statement of changes in beneficial ownership of securities2026-08-24SEC
2026-08-254Statement of changes in beneficial ownership of securities2026-08-24SEC
2026-08-254Statement of changes in beneficial ownership of securities2026-08-24SEC
2026-08-24144Filing for proposed sale of securities under Rule 144.SEC
2026-08-24144Filing for proposed sale of securities under Rule 144.SEC
2026-08-24144Filing for proposed sale of securities under Rule 144.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100132.51K3
2026-100000
2026-0900994.05K1
2026-0800948.10K18
2026-070000
2026-0600946.09K1
2026-0500457.63K19
2026-040000
2026-030000
2026-020011.55M27
2026-010000
2025-120050.83K1
2025-1100455.61K8

Institutional holders

Manager% owned
OFI INVEST ASSET MANAGEMENT27.63%
ABSOLUTE INVESTMENT ADVISERS, LLC22.84%
BlackRock, Inc.16.08%
STATE OF WISCONSIN INVESTMENT BOARD9.14%
VANGUARD PORTFOLIO MANAGEMENT LLC7.89%
VANGUARD CAPITAL MANAGEMENT LLC4.51%
DIMENSIONAL FUND ADVISORS LP4.45%
STATE STREET CORP4.11%
Impax Asset Management Group plc3.70%
Bank of New York Mellon Corp2.75%

Funds

Fund% owned
iShares Convertible Bond ETF38.72%
Columbia Convertible Securities Fund33.12%
State Street(R) SPDR(R) Bloomberg Convertible Securities ETF28.80%
Miller Convertible Bond Fund25.12%
ABSOLUTE CONVERTIBLE ARBITRAGE FUND22.55%
Lord Abbett Convertible Fund15.13%
Fidelity Convertible Securities Fund12.44%
Invesco Convertible Securities Fund9.02%
Putnam Convertible Securities Fund8.81%
iShares Core S&P Small-Cap ETF6.02%

OakChart. ITRI. Cached 15 minutes. Terms