Which has grown faster, ITRI or ONDS?

Over the past five years, ONDS grew revenue faster — ITRI at a 2.12% CAGR versus ONDS at 127.47%.

Is ITRI or ONDS more profitable?

ONDS runs the higher net margin — ITRI at 11.90% versus ONDS at 96.25%.

How have ITRI and ONDS total returns compared?

Over the past 5 years, ITRI delivered 2.41% and ONDS delivered -4.75% annualized total return. Past performance doesn't predict future results.

Itron, Inc. (ITRI) vs Ondas Holdings Inc. (ONDS)

A side-by-side comparison of Itron, Inc. and Ondas Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

ITRI

Itron, Inc.

$3.79B

$86.51TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

ONDS

Ondas Holdings Inc.

$4.13B

$7.24TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — ITRI vs ONDS

growth of $100 · dividends reinvested · last 8y

ITRI +61.7% (+6.2%/yr)ONDS -47.3% (-7.7%/yr)ITRI compounded faster over this window

ITRI ONDS

ITRI vs ONDS: by the numbers

•ONDS is the larger company ($4.13B vs $3.79B market cap).
•ONDS converts more revenue to profit (96.25% vs 11.90% net margin).
•ONDS grew revenue faster over the past five years (127.47% vs 2.12% CAGR).

Metrics side by side

Valuation

Metric	ITRI	ONDS
P/E ratio	14.44	N/A
Forward P/E	13.47	23.38
P/S ratio	1.64	23.70
P/B ratio	2.34	2.63
EV / EBITDA	8.69	N/A
FCF yield	10.12%	N/A

Profitability

Metric	ITRI	ONDS
Gross margin	39.87%	43.72%
Operating margin	13.22%	-115.09%
Net margin	11.90%	96.25%
ROE	16.95%	10.67%
ROIC	7.58%	-8.63%

Growth (annualized)

Metric	ITRI	ONDS
Revenue CAGR (5Y)	2.12%	127.47%
FCF CAGR (5Y)	17.83%	N/A
Total return CAGR (5Y)	2.41%	-4.75%

Frequently asked

Which has grown faster, ITRI or ONDS?: Over the past five years, ONDS grew revenue faster — ITRI at a 2.12% CAGR versus ONDS at 127.47%.
Is ITRI or ONDS more profitable?: ONDS runs the higher net margin — ITRI at 11.90% versus ONDS at 96.25%.
How have ITRI and ONDS total returns compared?: Over the past 5 years, ITRI delivered 2.41% and ONDS delivered -4.75% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ITRI analysis Full ONDS analysis Interactive comparison tool

Dig into the metrics

Itron P/E ratio Itron ROE Ondas ROE Itron operating margin Ondas operating margin Itron revenue growth Ondas revenue growth Itron free cash flow Ondas free cash flow

Itron & Ondas appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.