Itron (FRA:IT6) FCF Margin %: 13.45% (As of Mar. 2026) — 199% Above Median

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FRA:IT6 Itron Inc FRA:IT6
71 GF Score
Price €73.82
GF Value €86.70
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Itron FCF Margin %?

Itron FRA:IT6 +1.29% 71 FCF Margin % is 13.45% as of Mar. 2026, which is 199% above its 10-year median of 4.50. GuruFocus rates FRA:IT6 with a GF Score™ of 71/100 and a GF Value™ of €86.70 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,479 Hardware companies, Itron ranks better than 91% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Itron's Free Cash Flow for the three months ended in Mar. 2026 was €68 Mil. Itron's Revenue for the three months ended in Mar. 2026 was €508 Mil. Therefore, Itron's FCF Margin % for the quarter that ended in Mar. 2026 was 13.45%.

As of today, Itron's current FCF Yield % is 10.45%.

The historical rank and industry rank for Itron's FCF Margin % or its related term are showing as below:

FRA:IT6' s FCF Margin % Range Over the Past 10 Years
Min: 0.26   Med: 4.5   Max: 16.79
Current: 16.79


During the past 13 years, the highest FCF Margin % of Itron was 16.79%. The lowest was 0.26%. And the median was 4.50%.

FRA:IT6's FCF Margin % is ranked better than
91% of 2479 companies
in the Hardware industry
Industry Median: 0.66 vs FRA:IT6: 16.79


Itron FCF Margin % Related Terms


Itron FCF Margin % Historical Data

* Premium members only.

The historical data trend for Itron's FCF Margin % 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 FCF Margin % Chart

Itron Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.06 0.26 4.51 8.51 16.18

Itron Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 11.11 14.94 19.50 19.51 13.45

FRA:IT6 vs BMI, VNT, NOVT: FCF Margin % Comparison

For the Scientific & Technical Instruments subindustry, Itron's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Itron's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Itron's FCF Margin % falls into.


FRA:IT6
71GF Score
Itron Inc FRA:IT6
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Itron FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Itron's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=327.134/2021.584
=16.18 %

Itron's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=68.312/507.739
=13.45 %

* 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 FCF Margin % →
What does a FCF Margin % of 13.45% mean?
Itron (FRA:IT6) has a FCF Margin % of 13.45% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Itron and its competitors. This is 199% above median its historical median of 4.50. Over the past decade, Itron's FCF Margin % has ranged from 0.26 to 16.79. According to the industry distribution chart, Itron ranks #223 out of 2479 companies in the Hardware industry, placing it in the top 9%.
Is Itron's FCF Margin % too high?
Itron's current FCF Margin % of 13.45% is 199% above median its 10-year median of 4.50. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 16.79. The Hardware industry median FCF Margin % is 0.66. Itron's value of 13.45% is 1937.9% above this industry median. Based on the distribution chart, Itron ranks #223 out of 2479 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Itron has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Itron's FCF Margin % compare to BMI and VNT?
According to the Hardware industry distribution chart, Itron ranks #223 out of 2479 companies for FCF Margin %. This places Itron in the top 9% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 0.66. Itron's value of 13.45% is 1937.9% above this benchmark. Historically, Itron's own FCF Margin % has ranged from 0.26 to 16.79 over the past decade. While the company's 10-year median is 4.50 vs. the industry median of 0.66, 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 FCF Margin % for a Hardware company?
The median FCF Margin % among Hardware companies is 0.66, based on 2,479 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Itron's current FCF Margin % of 13.45% is 1937.9% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Itron and its competitors. For the Hardware industry, the median FCF Margin % is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itron's current FCF Margin % is 13.45%, which is 199% above median its own 10-year median of 4.50. 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?
Based on GuruFocus' analysis, Itron (FRA:IT6) is currently considered Modestly Undervalued. The stock's GF Value™ is €86.70, compared to a current price of €73.82 — trading 14.9% below its estimated fair value. The current FCF Margin % is 13.45%, which is 199% above median its 10-year median of 4.50 and 1937.9% above the Hardware industry median of 0.66. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Itron (FRA:IT6), the current FCF Margin % is 13.45% as of Mar. 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 (FRA:IT6) Overvalued in 2026?

Based on GuruFocus' analysis, Itron stock appears to be undervalued. The current stock price of €73.82 is trading 14.9% below its estimated GF Value™ of €86.70. GuruFocus considers Itron to be Modestly Undervalued.

Key valuation signals for FRA:IT6:

  • FCF Margin %: 13.45% (199% above median its 10-year median of 4.50)
  • GF Value™: €86.70 vs. price of €73.82 (14.9% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 1937.9% above the Hardware median (#223 of 2479)

No single metric tells the full story. See the FRA:IT6 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

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€73.82
Price
€86.70
GF Value