Itron annual debt-to-equity ratio
2009
2010
2011
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2013
2014
2015
2016
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2018
2019
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2021
2022
2023
2024
2025
Itron Debt-to-Equity Ratio Growth & History (ITRI)
Itron's debt-to-equity ratio was 0.75 for fiscal 2025.
View full Itron company overviewItron annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.75 | −0.17 | −18.90% |
| 2024 | 2024-12-31 | 0.92 | 0.54 | +140.59% |
| 2023 | 2023-12-31 | 0.38 | −0.06 | −12.67% |
| 2022 | 2022-12-31 | 0.44 | −0.03 | −6.54% |
| 2021 | 2021-12-31 | 0.47 | −0.76 | −61.81% |
| 2020 | 2020-12-31 | 1.23 | −0.08 | −6.25% |
| 2019 | 2019-12-31 | 1.31 | −0.24 | −15.54% |
| 2018 | 2018-12-31 | 1.55 | 0.77 | +99.13% |
| 2017 | 2017-12-31 | 0.78 | 0.30 | +61.74% |
| 2016 | 2016-12-31 | 0.48 | −0.13 | −21.23% |
| 2015 | 2015-12-31 | 0.61 | 0.14 | +28.66% |
| 2014 | 2014-12-31 | 0.48 | 0.03 | +7.42% |
| 2013 | 2013-12-31 | 0.44 | 0.02 | +5.33% |
| 2012 | 2012-12-31 | 0.42 | −0.08 | −15.73% |
| 2011 | 2011-12-31 | 0.50 | 0.07 | +16.65% |
| 2010 | 2010-12-31 | 0.43 | −0.13 | −23.37% |
| 2009 | 2009-12-31 | 0.56 | — | — |
Itron quarterly debt-to-equity ratio
Q4.09
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
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Q1.13
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Q3.13
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Q3.14
Q4.14
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Q4.15
Q1.16
Q2.16
Q3.16
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Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
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Q3.19
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Q3.20
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Q1.22
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Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.01 | 0.21 | +26.40% |
| Q1 2026 | 2026-03-31 | 1.02 | 0.15 | +17.85% |
| Q4 2025 | 2025-12-31 | 0.75 | −0.17 | −18.90% |
| Q3 2025 | 2025-09-30 | 0.76 | −0.18 | −19.23% |
| Q2 2025 | 2025-06-30 | 0.80 | −0.22 | −21.72% |
| Q1 2025 | 2025-03-31 | 0.86 | 0.51 | +142.33% |
| Q4 2024 | 2024-12-31 | 0.92 | 0.54 | +140.59% |
| Q3 2024 | 2024-09-30 | 0.94 | 0.55 | +139.21% |
| Q2 2024 | 2024-06-30 | 1.02 | 0.62 | +151.83% |
| Q1 2024 | 2024-03-31 | 0.36 | −0.06 | −15.27% |
| Q4 2023 | 2023-12-31 | 0.38 | −0.06 | −12.67% |
| Q3 2023 | 2023-09-30 | 0.39 | −0.06 | −13.72% |
| Q2 2023 | 2023-06-30 | 0.41 | −0.05 | −10.06% |
| Q1 2023 | 2023-03-31 | 0.42 | −0.01 | −3.26% |
| Q4 2022 | 2022-12-31 | 0.44 | −0.03 | −6.54% |
| Q3 2022 | 2022-09-30 | 0.46 | 0.02 | +5.25% |
| Q2 2022 | 2022-06-30 | 0.45 | −0.01 | −2.02% |
| Q1 2022 | 2022-03-31 | 0.44 | −0.37 | −45.86% |
| Q4 2021 | 2021-12-31 | 0.47 | −0.76 | −61.81% |
| Q3 2021 | 2021-09-30 | 0.43 | −1.39 | −76.16% |
| Q2 2021 | 2021-06-30 | 0.46 | −1.34 | −74.45% |
| Q1 2021 | 2021-03-31 | 0.80 | −1.01 | −55.71% |
| Q4 2020 | 2020-12-31 | 1.23 | −0.08 | −6.25% |
| Q3 2020 | 2020-09-30 | 1.82 | 0.39 | +27.41% |
| Q2 2020 | 2020-06-30 | 1.80 | 0.31 | +20.83% |
| Q1 2020 | 2020-03-31 | 1.82 | 0.29 | +18.75% |
| Q4 2019 | 2019-12-31 | 1.31 | −0.24 | −15.54% |
| Q3 2019 | 2019-09-30 | 1.43 | −0.06 | −4.06% |
| Q2 2019 | 2019-06-30 | 1.49 | −0.19 | −11.55% |
| Q1 2019 | 2019-03-31 | 1.53 | −0.11 | −6.49% |
| Q4 2018 | 2018-12-31 | 1.55 | 0.77 | +99.13% |
| Q3 2018 | 2018-09-30 | 1.49 | 1.07 | +255.68% |
| Q2 2018 | 2018-06-30 | 1.69 | 1.24 | +276.64% |
| Q1 2018 | 2018-03-31 | 1.64 | 1.19 | +267.92% |
| Q4 2017 | 2017-12-31 | 0.78 | 0.30 | +61.74% |
| Q3 2017 | 2017-09-30 | 0.42 | −0.11 | −21.42% |
| Q2 2017 | 2017-06-30 | 0.45 | −0.09 | −16.70% |
| Q1 2017 | 2017-03-31 | 0.44 | −0.11 | −20.01% |
| Q4 2016 | 2016-12-31 | 0.48 | −0.13 | −21.23% |
| Q3 2016 | 2016-09-30 | 0.53 | −0.10 | −15.84% |
| Q2 2016 | 2016-06-30 | 0.54 | −0.07 | −11.76% |
| Q1 2016 | 2016-03-31 | 0.56 | −0.03 | −5.54% |
| Q4 2015 | 2015-12-31 | 0.61 | 0.14 | +28.66% |
| Q3 2015 | 2015-09-30 | 0.63 | 0.25 | +67.06% |
| Q2 2015 | 2015-06-30 | 0.61 | 0.23 | +61.26% |
| Q1 2015 | 2015-03-31 | 0.59 | 0.18 | +44.12% |
| Q4 2014 | 2014-12-31 | 0.48 | 0.03 | +7.42% |
| Q3 2014 | 2014-09-30 | 0.38 | −0.02 | −5.91% |
| Q2 2014 | 2014-06-30 | 0.38 | −0.04 | −9.57% |
| Q1 2014 | 2014-03-31 | 0.41 | −0.00 | −0.80% |
| Q4 2013 | 2013-12-31 | 0.44 | 0.02 | +5.33% |
| Q3 2013 | 2013-09-30 | 0.40 | −0.03 | −6.97% |
| Q2 2013 | 2013-06-30 | 0.42 | −0.07 | −15.06% |
| Q1 2013 | 2013-03-31 | 0.41 | −0.05 | −10.45% |
| Q4 2012 | 2012-12-31 | 0.42 | −0.08 | −15.73% |
| Q3 2012 | 2012-09-30 | 0.43 | −0.05 | −10.50% |
| Q2 2012 | 2012-06-30 | 0.49 | 0.14 | +38.36% |
| Q1 2012 | 2012-03-31 | 0.46 | 0.09 | +24.63% |
| Q4 2011 | 2011-12-31 | 0.50 | 0.07 | +16.65% |
| Q3 2011 | 2011-09-30 | 0.48 | 0.02 | +4.42% |
| Q2 2011 | 2011-06-30 | 0.36 | −0.17 | −32.20% |
| Q1 2011 | 2011-03-31 | 0.37 | — | — |
| Q4 2010 | 2010-12-31 | 0.43 | −0.13 | −23.37% |
| Q3 2010 | 2010-09-30 | 0.46 | — | — |
| Q2 2010 | 2010-06-30 | 0.52 | — | — |
| Q4 2009 | 2009-12-31 | 0.56 | — | — |
Itron debt-to-equity ratio trends
Over the last five fiscal years, Itron's debt-to-equity ratio decreased from 1.23 to 0.75, a change of −0.48. The latest reported quarter, Q2 2026, shows 1.01.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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