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ITRIItron, Inc.

Interest Coverage Ratio: 11.67x

Is the interest coverage ratio high or low?

The interest coverage ratio of 11.67x is 70% above its 5-year average of 6.85x, near the high end of its 5-year range (-70.20x–33.17x).

As of Monday, June 29, 2026. 13.63% below its 12-month average of 13.51x.

Interest Coverage

ITRI Interest Coverage Ratio

11.67x

Reported quarterly interest coverage; no daily interpolation.

+2457.57% 5Y
ITRI Interest Coverage Ratio

ITRI Average Interest Coverage Ratio Chart

ITRI Interest Coverage Ratio

ITRI Current vs Average Interest Coverage Ratio Chart

ITRI Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

11.67x

INTEREST COVERAGE RATIO AVG TTM

13.51x

INTEREST COVERAGE RATIO AVG 3Y

18.33x

INTEREST COVERAGE RATIO AVG 5Y

12.33x

INTEREST COVERAGE RATIO AVG 10Y

7.64x

INTEREST COVERAGE RATIO AVG 15Y

7.09x

INTEREST COVERAGE RATIO AVG 20Y

5.78x

CURRENT VS TTM AVG

-13.63%

CURRENT VS 3Y AVG

-36.32%

CURRENT VS 5Y AVG

-5.33%

CURRENT VS 10Y AVG

+52.79%

CURRENT VS 15Y AVG

+64.51%

CURRENT VS 20Y AVG

+101.81%

ITRI Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Itron, Inc. (ITRI)$3.72B11.67x13.51x18.33x12.33x
monday.com Ltd. (MNDY)vs ›$3.76BN/AN/AN/AN/A
Keel Infrastructure Corp. (KEEL)vs ›$3.64B-17.35x18.61x9.52x9.52x
Bill.com Holdings, Inc. (BILL)vs ›$3.54B-4.34xN/AN/AN/A
ZoomInfo Technologies Inc. (ZI)vs ›$3.42B5.30x3.89x4.30x3.39x
Ichor Holdings, Ltd. (ICHR)vs ›$3.28B-5.93x10.16x6.62x7.93x
AXT, Inc. (AXTI)vs ›$3.25B-17.48x36.13x31.43x31.43x
EPAM Systems, Inc. (EPAM)vs ›$4.22BN/A314.02x314.02x314.02x
Veeco Instruments Inc. (VECO)vs ›$4.33B3.91x4.98x5.29x4.01x
Klaviyo, Inc. (KVYO)vs ›$4.45BN/AN/AN/AN/A

Financial Health Indicators

Interest Coverage

11.7x

Debt/Equity

0.75

Current Ratio

1.80

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Itron, Inc. (ITRI)?
The interest coverage ratio for ITRI stock is 11.67x.
Is Itron, Inc.'s interest coverage ratio high or low?
The interest coverage ratio of 11.67x is 70% above its 5-year average of 6.85x, near the high end of its 5-year range (-70.20x–33.17x).
What is the TTM average interest coverage ratio for Itron, Inc. (ITRI)?
The TTM average interest coverage ratio for ITRI stock is 13.51x.
What is the 3Y average interest coverage ratio for Itron, Inc. (ITRI)?
The 3Y average interest coverage ratio for ITRI stock is 18.33x.
What is the 5Y average interest coverage ratio for Itron, Inc. (ITRI)?
The 5Y average interest coverage ratio for ITRI stock is 12.33x.
What is the 10Y average interest coverage ratio for Itron, Inc. (ITRI)?
The 10Y average interest coverage ratio for ITRI stock is 7.64x.
What is the 15Y average interest coverage ratio for Itron, Inc. (ITRI)?
The 15Y average interest coverage ratio for ITRI stock is 7.09x.
What is the 20Y average interest coverage ratio for Itron, Inc. (ITRI)?
The 20Y average interest coverage ratio for ITRI stock is 5.78x.

ITRI Interest Coverage Ratio History

DATEINTEREST COVERAGE RATIO
2026-03-3111.67x
2025-12-317.18x
2025-09-3021.42x
2025-06-3013.75x
2025-03-3113.54x
2024-12-3111.22x
2024-09-3013.19x
2024-06-3028.23x
2024-03-3133.17x
2023-12-3126.35x
2023-09-3022.45x
2023-06-3017.75x
2023-03-31-5.05x
2022-12-316.91x
2022-09-304.10x
2022-06-30-20.20x
2022-03-314.28x
2021-12-31-70.20x
2021-09-301.58x
2021-06-30-0.50x
2021-03-312.95x
2020-12-313.19x
2020-09-30-2.22x
2020-06-30-3.88x
2020-03-312.34x
2019-12-312.30x
2019-09-303.06x
2019-06-303.23x
2019-03-311.54x
2018-12-312.05x
2018-09-302.94x
2018-06-301.40x
2018-03-31-9.06x
2017-12-3115.38x
2017-09-3011.03x
2017-06-3011.03x
2017-03-319.64x
2016-12-3111.81x
2016-09-302.38x
2016-06-3012.97x
2016-03-318.08x
2015-12-315.55x
2015-09-309.62x
2015-06-30-1.03x
2015-03-315.03x
2014-12-31-18.97x
2014-09-305.46x
2014-06-3010.96x
2014-03-311.56x
2013-12-31-47.08x
2013-09-30-2.28x
2013-06-309.14x
2013-03-311.44x
2012-12-318.21x
2012-09-3018.02x
2012-06-3017.68x
2012-03-3116.26x
2011-12-31-24.39x
2011-09-30-46.06x
2011-06-304.21x
2011-03-314.13x
2010-12-312.92x
2010-09-304.61x
2010-06-303.74x
2010-03-312.24x
2009-12-310.90x
2009-09-300.45x
2009-06-300.71x
2009-03-300.53x
2008-12-310.78x
2008-09-301.20x
2008-06-301.40x
2008-03-240.96x

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