Itron vs Vontier
Vontier is the larger business, with $3.08bn of revenue in fiscal 2025 against $2.37bn for Itron (1.3 times as much). Vontier grew faster (3.2% against -3.0%). Vontier kept more of each dollar of sales as profit: a net margin of 13.2% against 12.7%. Itron carries less debt relative to equity (73.7% against 168.8%).
| Latest fiscal year | ItronITRI, 2025 | VontierVNT, 2025 |
|---|---|---|
| Revenue | $2.37bn | $3.08bn |
| Revenue growth | -3.0% | 3.2% |
| Net income | $301m | $406m |
| Operating margin | 13.2% | 18.3% |
| Net margin | 12.7% | 13.2% |
| Return on equity | 19.4% | 35.4% |
| Free cash flow | $383m | $441m |
| Cash | $1.02bn | $492m |
| Total debt | $1.26bn | $2.10bn |
| Debt to equity | 73.7% | 168.8% |
| Dividend per share | — | $0.10 |
| Dividend yield | — | 0.3% |
| Share buybacks | $100m | $300m |
| Employees | 5,550 | — |
| Market value | $4.26bn | $5.01bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 50 (Moderate) | 78 (Strong) |
| Insider trades, 12 months | 0 buys, 82 sales | 0 buys, 2 sales |