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ITRIItron, Inc.

Is the EV/Sales ratio high or low?

The EV/Sales ratio of 2.00x is in line with its 5-year average of 1.85x, around the middle of its 5-year range (1.16x–2.67x).

As of Monday, June 29, 2026. 5.11% below its 12-month average of 2.11x.

EV/Sales Ratio

ITRI EV/Sales Ratio Chart

2.00x
-22.18% 1Y
ITRI EV/Sales Ratio

ITRI Average EV/Sales Ratio Chart

ITRI EV/Sales Ratio

ITRI Current vs Average EV/Sales Ratio Chart

ITRI EV/Sales Ratio Metrics

EV/SALES RATIO

2.00x

EV/SALES RATIO AVG TTM

2.11x

EV/SALES RATIO AVG 3Y

2.05x

EV/SALES RATIO AVG 5Y

1.85x

EV/SALES RATIO AVG 10Y

1.67x

EV/SALES RATIO AVG 15Y

1.41x

EV/SALES RATIO AVG 20Y

1.56x

CURRENT VS TTM AVG

-5.11%

CURRENT VS 3Y AVG

-2.28%

CURRENT VS 5Y AVG

+8.05%

CURRENT VS 10Y AVG

+19.42%

CURRENT VS 15Y AVG

+41.82%

CURRENT VS 20Y AVG

+28.22%

ITRI Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Itron, Inc. (ITRI)$3.72B2.00x2.11x2.05x1.85x
monday.com Ltd. (MNDY)vs ›$3.76B2.11x5.72x10.67x16.48x
Keel Infrastructure Corp. (KEEL)vs ›$3.64B19.39x7.04x4.83x4.58x
Bill.com Holdings, Inc. (BILL)vs ›$3.54B2.83x3.57x5.70x21.66x
ZoomInfo Technologies Inc. (ZI)vs ›$3.42B3.91x3.97x8.23x13.63x
Ichor Holdings, Ltd. (ICHR)vs ›$3.28B3.46x1.39x1.31x1.21x
AXT, Inc. (AXTI)vs ›$3.25B39.31x17.25x6.77x4.88x
EPAM Systems, Inc. (EPAM)vs ›$4.22B0.65x1.48x2.14x3.77x
Veeco Instruments Inc. (VECO)vs ›$4.33B6.67x3.26x2.99x2.81x
Klaviyo, Inc. (KVYO)vs ›$4.45B2.81x5.71x8.03x8.03x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EV/Sales Ratio FAQ

What is the EV/Sales ratio for Itron, Inc. (ITRI)?
The EV/Sales ratio for ITRI stock is 2.00x.
Is Itron, Inc.'s EV/Sales ratio high or low?
The EV/Sales ratio of 2.00x is in line with its 5-year average of 1.85x, around the middle of its 5-year range (1.16x–2.67x).
What is the TTM average EV/Sales ratio for Itron, Inc. (ITRI)?
The TTM average EV/Sales ratio for ITRI stock is 2.11x.
What is the 3Y average EV/Sales ratio for Itron, Inc. (ITRI)?
The 3Y average EV/Sales ratio for ITRI stock is 2.05x.
What is the 5Y average EV/Sales ratio for Itron, Inc. (ITRI)?
The 5Y average EV/Sales ratio for ITRI stock is 1.85x.
What is the 10Y average EV/Sales ratio for Itron, Inc. (ITRI)?
The 10Y average EV/Sales ratio for ITRI stock is 1.67x.
What is the 15Y average EV/Sales ratio for Itron, Inc. (ITRI)?
The 15Y average EV/Sales ratio for ITRI stock is 1.41x.
What is the 20Y average EV/Sales ratio for Itron, Inc. (ITRI)?
The 20Y average EV/Sales ratio for ITRI stock is 1.56x.

ITRI EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-262.00x
2026-06-251.99x
2026-06-241.96x
2026-06-231.95x
2026-06-221.96x
2026-06-181.94x
2026-06-171.91x
2026-06-161.95x
2026-06-151.94x
2026-06-121.94x
2026-06-111.94x
2026-06-101.92x
2026-06-091.97x
2026-06-081.96x
2026-06-051.93x
2026-06-041.95x
2026-06-031.97x
2026-06-022.01x
2026-06-012.02x
2026-05-291.98x
2026-05-282.00x
2026-05-272.03x
2026-05-262.01x
2026-05-221.99x
2026-05-211.96x
2026-05-201.95x
2026-05-191.89x
2026-05-181.94x
2026-05-151.91x
2026-05-141.96x
2026-05-131.97x
2026-05-121.95x
2026-05-111.96x
2026-05-081.96x
2026-05-071.95x
2026-05-061.99x
2026-05-052.01x
2026-05-042.01x
2026-05-012.03x
2026-04-302.00x
2026-04-291.98x
2026-04-282.06x
2026-04-271.80x
2026-04-241.84x
2026-04-231.84x
2026-04-221.86x
2026-04-211.95x
2026-04-202.01x
2026-04-172.03x
2026-04-162.00x
2026-04-152.01x
2026-04-141.99x
2026-04-131.95x
2026-04-101.95x
2026-04-091.96x
2026-04-081.92x
2026-04-071.86x
2026-04-061.89x
2026-04-021.84x
2026-04-011.87x
2026-03-311.86x
2026-03-301.75x
2026-03-271.78x
2026-03-261.83x
2026-03-251.93x
2026-03-241.92x
2026-03-231.93x
2026-03-201.89x
2026-03-191.92x
2026-03-181.90x
2026-03-171.91x
2026-03-161.89x
2026-03-131.86x
2026-03-121.88x
2026-03-111.90x
2026-03-101.92x
2026-03-091.99x
2026-03-061.89x
2026-03-051.89x
2026-03-041.91x
2026-03-031.94x
2026-03-021.97x
2026-02-271.94x
2026-02-261.98x
2026-02-252.00x
2026-02-242.02x
2026-02-231.97x
2026-02-202.05x
2026-02-192.04x
2026-02-182.05x
2026-02-171.99x
2026-02-131.71x
2026-02-121.83x
2026-02-111.91x
2026-02-102.02x
2026-02-092.00x
2026-02-061.99x
2026-02-051.90x
2026-02-041.95x
2026-02-031.93x
2026-02-021.92x
2026-01-301.89x
2026-01-291.92x
2026-01-281.90x
2026-01-271.89x
2026-01-261.88x
2026-01-231.87x
2026-01-221.91x
2026-01-211.89x
2026-01-201.85x
2026-01-161.91x
2026-01-151.93x
2026-01-141.88x
2026-01-131.90x
2026-01-121.86x
2026-01-091.90x
2026-01-081.88x
2026-01-071.86x
2026-01-061.87x
2026-01-051.85x
2026-01-021.80x
2025-12-311.77x
2025-12-301.80x
2025-12-291.82x
2025-12-261.84x
2025-12-241.83x
2025-12-231.83x
2025-12-221.83x
2025-12-191.84x
2025-12-181.81x
2025-12-171.81x
2025-12-161.82x
2025-12-151.82x
2025-12-121.84x
2025-12-111.88x
2025-12-101.88x
2025-12-091.84x
2025-12-081.85x
2025-12-051.87x
2025-12-041.90x
2025-12-031.88x
2025-12-021.85x
2025-12-011.86x
2025-11-281.89x
2025-11-261.88x
2025-11-251.85x
2025-11-241.85x
2025-11-211.83x
2025-11-201.80x
2025-11-191.82x
2025-11-181.84x
2025-11-171.86x
2025-11-141.88x
2025-11-131.90x
2025-11-122.01x
2025-11-111.98x
2025-11-101.93x
2025-11-072.01x
2025-11-062.03x
2025-11-052.05x
2025-11-042.04x
2025-11-032.04x
2025-10-311.92x
2025-10-302.09x
2025-10-292.64x
2025-10-282.56x
2025-10-272.60x
2025-10-242.60x
2025-10-232.56x
2025-10-222.53x
2025-10-212.56x
2025-10-202.57x
2025-10-172.51x
2025-10-162.57x
2025-10-152.56x
2025-10-142.49x
2025-10-132.46x
2025-10-102.34x
2025-10-092.42x
2025-10-082.44x
2025-10-072.42x
2025-10-062.41x
2025-10-032.40x
2025-10-022.37x
2025-10-012.34x
2025-09-302.39x
2025-09-292.38x
2025-09-262.37x
2025-09-252.35x
2025-09-242.36x
2025-09-232.39x
2025-09-222.39x
2025-09-192.31x
2025-09-182.32x
2025-09-172.26x
2025-09-162.25x
2025-09-152.30x
2025-09-122.29x
2025-09-112.31x
2025-09-102.27x
2025-09-092.28x
2025-09-082.30x
2025-09-052.31x
2025-09-042.32x
2025-09-032.32x
2025-09-022.32x
2025-08-292.35x
2025-08-282.36x
2025-08-272.37x
2025-08-262.38x
2025-08-252.38x
2025-08-222.43x
2025-08-212.36x
2025-08-202.39x
2025-08-192.41x
2025-08-182.44x
2025-08-152.42x
2025-08-142.40x
2025-08-132.46x
2025-08-122.41x
2025-08-112.37x
2025-08-082.40x
2025-08-072.39x
2025-08-062.40x
2025-08-052.37x
2025-08-042.41x
2025-08-012.36x
2025-07-312.38x
2025-07-302.67x
2025-07-292.64x
2025-07-282.63x
2025-07-252.63x
2025-07-242.59x
2025-07-232.62x
2025-07-222.61x
2025-07-212.64x
2025-07-182.63x
2025-07-172.64x
2025-07-162.63x
2025-07-152.62x
2025-07-142.61x
2025-07-112.60x
2025-07-102.62x
2025-07-092.60x
2025-07-082.58x
2025-07-072.60x
2025-07-032.62x
2025-07-022.59x
2025-07-012.56x
2025-06-302.54x
2025-06-272.56x
2025-06-262.57x
2025-06-252.54x
2025-06-242.52x
2025-06-232.53x
2025-06-202.47x
2025-06-182.43x
2025-06-172.41x
2025-06-162.42x
2025-06-132.36x

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

About Itron, Inc.

Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; network design services; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also products and software for the implementation, installation, and management of communicating devices and data networks; offers industrial internet of things solutions, including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; grid edge devices; distribution automation communications; smart lighting; and smart city sensors and applications. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning, statistical modeling, and other analytics. The Resiliency Solutions segment offers software and services. The company offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

Liberty Lake, WA
5,215 employees
Technology / Hardware, Equipment & Parts
Sector
Technology
Industry
Hardware, Equipment & Parts
CEO
Thomas L. Deitrich