Itron (MEX:ITRI) Debt-to-Equity: 0.99 (As of Jun. 2026) — 27% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:ITRI Itron Inc MEX:ITRI
71 GF Score
Price MXN1,612.39
GF Value MXN1,618.10
! 3 Warning Signs
View Full Analysis

What is Itron Debt-to-Equity?

Itron MEX:ITRI 71 Debt-to-Equity is 0.99 as of Jun. 2026, which is 27% above its 10-year median of 0.78. GuruFocus rates MEX:ITRI with a GF Score™ of 71/100 and a GF Value™ of MXN1,618.10. The stock has 3 warning signs investors should review. Among 2,218 Hardware companies, Itron ranks worse than 84.72% on this metric.

Itron's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was MXN0 Mil. Itron's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was MXN27,942 Mil. Itron's Total Stockholders Equity for the quarter that ended in Jun. 2026 was MXN28,201 Mil. Itron's debt to equity for the quarter that ended in Jun. 2026 was 0.99.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Itron's Debt-to-Equity or its related term are showing as below:

MEX:ITRI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36   Med: 0.78   Max: 1.82
Current: 0.99

During the past 13 years, the highest Debt-to-Equity Ratio of Itron was 1.82. The lowest was 0.36. And the median was 0.78.

MEX:ITRI's Debt-to-Equity is ranked worse than
84.72% of 2218 companies
in the Hardware industry
Industry Median: 0.27 vs MEX:ITRI: 0.99

Itron  (MEX:ITRI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Itron Debt-to-Equity Related Terms


Itron Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Itron's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Itron Debt-to-Equity Chart

Itron Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.43 0.37 0.91 0.74

Itron Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.75 0.74 1.00 0.99

MEX:ITRI vs BMI, VNT, NOVT: Debt-to-Equity Comparison

For the Scientific & Technical Instruments subindustry, Itron's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Itron Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Itron's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Itron's Debt-to-Equity falls into.


MEX:ITRI
71GF Score
Itron Inc MEX:ITRI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itron Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Itron's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Itron's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.99 mean?
Itron (MEX:ITRI) has a Debt-to-Equity of 0.99 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Itron and its competitors. This is 27% above median its historical median of 0.78. Over the past decade, Itron's Debt-to-Equity has ranged from 0.36 to 1.82. According to the industry distribution chart, Itron ranks #1879 out of 2218 companies in the Hardware industry, placing it in the top 84.7%.
Is Itron's Debt-to-Equity too high?
Itron's current Debt-to-Equity of 0.99 is 27% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.82. The Hardware industry median Debt-to-Equity is 0.27. Itron's value of 0.99 is 266.7% above this industry median. Based on the distribution chart, Itron ranks #1879 out of 2218 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Itron has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Itron's Debt-to-Equity compare to BMI and VNT?
According to the Hardware industry distribution chart, Itron ranks #1879 out of 2218 companies for Debt-to-Equity. This places Itron in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Itron's value of 0.99 is 266.7% above this benchmark. Historically, Itron's own Debt-to-Equity has ranged from 0.36 to 1.82 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.27, Itron has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,218 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Itron's current Debt-to-Equity of 0.99 is 266.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Itron and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itron's current Debt-to-Equity is 0.99, which is 27% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itron stock overvalued right now?
Itron (MEX:ITRI) has a current Debt-to-Equity of 0.99. The stock's GF Value™ is MXN1,618.10, compared to a current price of MXN1,612.39 — trading 0.4% below its estimated fair value. The current Debt-to-Equity is 0.99, which is 27% above median its 10-year median of 0.78 and 266.7% above the Hardware industry median of 0.27. Itron's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Itron (MEX:ITRI), the current Debt-to-Equity is 0.99 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Itron (MEX:ITRI) Overvalued in 2026?

Based on GuruFocus' analysis, Itron stock appears to be undervalued. The current stock price of MXN1,612.39 is trading 0.4% below its estimated GF Value™ of MXN1,618.10.

Key valuation signals for MEX:ITRI:

  • Debt-to-Equity: 0.99 (27% above median its 10-year median of 0.78)
  • GF Value™: MXN1,618.10 vs. price of MXN1,612.39 (0.4% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 266.7% above the Hardware median (#1879 of 2218)

No single metric tells the full story. See the MEX:ITRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Itron Business Description

Address 2111 North Molter Road, Liberty Lake, WA, USA, 99019
Itron Inc provides solutions that measure, manage, and analyze energy and water use. The company offers grid edge intelligence, energy and water management, smart city applications, Industrial Internet of Things (IIoT), and critical infrastructure and related services. It operates under the Itron brand and has four reportable segments: Device Solutions, Networked Solutions, Resiliency Solutions, and Outcomes. Key revenue is generated from the Networked Solutions segment, which includes a combination of communicating endpoints (e.g., smart meters, modules, endpoints, and sensors), network infrastructure, network design services, and associated headend management and application software designed and sold as a complete solution for acquiring and transporting robust application-specific data.
71GF Score

Get the complete analysis for MEX:ITRI

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,612.39
Price
MXN1,618.10
GF Value