Itron, Inc. (ITRI) vs Trimble Inc. (TRMB)

Itron, Inc. and Trimble Inc. are both Scientific & Technical Instruments companies. Trimble Inc. is the larger, with a market value of $15.3B against $4.3B — 3.5× the size. Trimble Inc. has negative trailing earnings, so its P/E is not meaningful; Itron, Inc. trades at 15.6×. Trimble Inc. grew revenue faster over the last twelve months: 5.80% against −3.63%. Itron, Inc. has the higher net margin (12.1% vs −2.77%) and the higher return on invested capital (8.09% vs 6.32%). Across the 21 metrics below, Itron, Inc. leads on 14 and Trimble Inc. on 7.

Valuation

Metric ITRI TRMB Scientific & Technical Instruments median
P/E 15.57 n/m 31.41
P/S 1.85 4.05 4.70
P/B 2.49 3.00 3.26
Price to free cash flow 11.67 20.01 28.46
EV/EBITDA 13.91 19.59 19.55
EV/Sales 2.36 4.38 4.93
Earnings yield 6.42% (0.72%) 0.68%
Free cash flow yield 8.57% 5.00% 1.81%

Profitability

Metric ITRI TRMB Scientific & Technical Instruments median
Gross margin 40.66% 69.80% 46.96%
Operating margin 13.69% 16.99% 8.96%
Net margin 12.05% (2.77%) 1.92%
Free cash flow margin 15.84% 20.44% 10.53%
Return on equity 16.30% (1.94%) 2.66%
Return on assets 7.15% (1.19%) 1.12%
Return on invested capital 8.09% 6.32% 4.67%

Growth

Metric ITRI TRMB Scientific & Technical Instruments median
Revenue growth (TTM) (3.63%) 5.80% 9.26%
EPS growth (last fiscal year) 25.48% (71.10%) 13.24%
Revenue growth, 5-year CAGR 1.72% 2.65% 7.89%
Net income growth, 5-year CAGR 0.00% 1.69% 0.00%

Health

Metric ITRI TRMB Scientific & Technical Instruments median
Debt to equity 0.92 0.29 0.00
Current ratio 2.83 0.95 2.31
Net debt to EBITDA 0.62 1.44 0.45

Dividend

Metric ITRI TRMB Scientific & Technical Instruments median
Dividend yield — — 0.55%
Payout ratio — — 0.29

Size

Metric ITRI TRMB Scientific & Technical Instruments median
Market cap 4.31b 15.30b 682.53m

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