Itron, Inc. (ITRI) financial statements (2021 and earlier)

Company profile

Business Address 2111 N MOLTER ROAD
LIBERTY LAKE, WA 99019
State of Incorp. WA
Fiscal Year End December 31
SIC 3825 - Instruments for Measuring and Testing of Electricity and Electrical Signals (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments207586545555150141136
Cash and cash equivalents207586545555150141136
Receivables370387411464473468466
Inventory, net of allowances, customer advances and progress billings182205227222228231230
Inventory182205227222228231230
Other current assets171174172148147127131
Total current assets:9301,3521,3551,388997967963
Noncurrent Assets
Operating lease, right-of-use asset767879778078 
Property, plant and equipment208206216226233226229
Intangible assets, net (including goodwill)1,2651,2591,2591,2711,2891,3001,332
Goodwill1,1321,1151,1021,1001,1041,0971,110
Intangible assets, net (excluding goodwill)133145157171185202222
Restricted cash and investments     12
Deferred income tax assets76725862   
Other noncurrent assets52484648454541
Other undisclosed noncurrent assets    6459140
Total noncurrent assets:1,6771,6641,6571,6841,7111,7091,744
TOTAL ASSETS:2,6073,0163,0123,0722,7082,6762,706
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities318339366441470451440
Accounts payable216232240326328315321
Employee-related liabilities869110698119117103
Taxes payable16152017221817
Deferred revenue11311812511810095 
Debt1821147 3927
Contract with customer, liability95
Other liabilities73776365646269
Other undisclosed current liabilities28323336393839
Total current liabilities:550587602667671685670
Noncurrent Liabilities
Long-term debt and lease obligation9691,3821,3891,3931,001997970
Long-term debt, excluding current maturities9031,3131,3201,327932930970
Operating lease, liability676969666967 
Liabilities, other than long-term debt234239207204218215293
Accounts payable and accrued liabilities      18
Deferred tax liabilities, net2
Deferred income tax liabilities2222   
Liability, pension and other postretirement and postemployment benefits1191039998998892
Restructuring reserve      41
Other liabilities113134106105119126140
Other undisclosed noncurrent liabilities13111212171727
Total noncurrent liabilities:1,2171,6321,6081,6091,2361,2291,290
Total liabilities:1,7672,2192,2092,2761,9071,9141,960
Stockholders' equity
Stockholders' equity attributable to parent817772778771777737723
Common stock1,3891,3821,3761,3681,3581,3351,326
Accumulated other comprehensive loss(139)(154)(168)(230)(205)(207)(194)
Accumulated deficit(434)(456)(431)(368)(376)(391)(408)
Stockholders' equity attributable to noncontrolling interest24252525242523
Total stockholders' equity:840797803795801762747
TOTAL LIABILITIES AND EQUITY:2,6073,0163,0123,0722,7082,6762,706

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues525540510598628624635
Cost of revenue
(Cost of Goods and Services Sold)
(376)(397)(371)(427)(451)(428)(444)
Gross profit:149143139172177196191
Operating expenses(116)(167)(184)(145)(149)(157)(148)
Operating income (loss):33(24)(45)26293944
Nonoperating expense(11)(13)(12)(10)(15)(15)(15)
Other nonoperating income (expense) (3)(2)1 (3)(2)
Interest and debt expense(10)(11)(12)(11)(13)(13)(13)
Other undisclosed income from continuing operations before equity method investments, income taxes10111211131313
Income (loss) from continuing operations before income taxes:21(37)(58)17142429
Income tax expense (benefit)012(5)(8)0(6)(8)
Income (loss) from continuing operations:22(25)(62)9141820
Loss from discontinued operations (0)     
Other undisclosed loss before gain (loss) on sale of properties(52)      
Income (loss) before gain (loss) on sale of properties:(31)(25)(62)9141820
Other undisclosed net income520     
Net income (loss):22(25)(62)9141820
Net income (loss) attributable to noncontrolling interest0(0)(0)(0)0(1)(1)
Net income (loss) available to common stockholders, diluted:22(25)(63)9151719

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):22(25)(62)9141820
Other comprehensive income (loss)151462(25)2(13)4
Comprehensive income (loss):37(11)(0)(16)17524
Comprehensive income (loss), net of tax, attributable to noncontrolling interest0(0)(0)(0)0(1)(1)
Comprehensive income (loss), net of tax, attributable to parent:37(12)(1)(17)17423

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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