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ItronITRI -4.30%70 Market Cap is $4,537 Mil as of Jul. 29, 2026. GuruFocus rates ITRI with a GF Score™ of 70/100 and a GF Value™ of $100.48 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,519 Hardware companies, Itron ranks better than 91.98% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Itron's share price for the quarter that ended in Jun. 2026 was $86.53. Itron's Shares Outstanding (EOP) for the quarter that ended in Jun. 2026 was 45 Mil. Therefore, Itron's market cap for the quarter that ended in Jun. 2026 was $3,860 Mil.
Itron's quarterly market cap
declined
from Dec. 2025 ($4,172 Mil) to Mar. 2026 ($3,973 Mil) and
declined
from Mar. 2026 ($3,973 Mil) to Jun. 2026 ($3,860 Mil).
Itron's annual market cap
increased
from Dec. 2023 ($3,437 Mil) to Dec. 2024 ($4,900 Mil) but then
declined
from Dec. 2024 ($4,900 Mil) to Dec. 2025 ($4,172 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Itron's Enterprise Value for Today is $5,448 Mil.
Itron (NAS:ITRI) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Itron Market Cap Related Terms
Itron Market Cap Historical Data
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The historical data trend for Itron's Market Cap 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.
For the Scientific & Technical Instruments subindustry, Itron's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, Itron's Market Cap distribution charts can be found below:
* The bar in red indicates where Itron's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Itron's Market Cap for the fiscal year that ended in Dec. 2025 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.
Itron (ITRI) has a Market Cap of $4,537 Mil as of Jul. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Itron and its competitors. According to the industry distribution chart, Itron ranks #202 out of 2519 companies in the Hardware industry, placing it in the top 8%.
Is Itron's Market Cap too high?
Itron's current Market Cap is $4,537 Mil. The Hardware industry median Market Cap is 190.71. Itron's value of $4,537 Mil is 2279.1% above this industry median. Based on the distribution chart, Itron ranks #202 out of 2519 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Itron has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Itron's Market Cap compare to BMI and VNT?
According to the Hardware industry distribution chart, Itron ranks #202 out of 2519 companies for Market Cap. This places Itron in the top 8% of its industry — outperforming the majority of peers. The industry median Market Cap is 190.71. Itron's value of $4,537 Mil is 2279.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Hardware company?
The median Market Cap among Hardware companies is 190.71, based on 2,519 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Itron's current Market Cap of $4,537 Mil is 2279.1% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Itron and its competitors. For the Hardware industry, the median Market Cap is 190.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itron's current Market Cap is $4,537 Mil. 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 (ITRI) is currently considered Fairly Valued. The stock's GF Value™ is $100.48, compared to a current price of $102.34 — trading 1.9% above its estimated fair value. The current Market Cap is $4,537 Mil and 2279.1% above the Hardware industry median of 190.71. Itron's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Itron (ITRI), the current Market Cap is $4,537 Mil as of Jul. 29, 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 (ITRI) Overvalued in 2026?
Based on GuruFocus' analysis, Itron stock appears to be overvalued.
The current stock price of $102.34 is trading 1.9% above its estimated GF Value™ of $100.48.
GuruFocus considers Itron to be Fairly Valued.
Key valuation signals for ITRI:
Market Cap: $4,537 Mil
GF Value™: $100.48 vs. price of $102.34 (1.9% above fair value)
Industry Position: 2279.1% above the Hardware median (#202 of 2519)
No single metric tells the full story. See the ITRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
70GF Score
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