Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $2,607 | $2,394 | $2,378 | $2,604 | $3,408 |
Liabilities | $1,767 | $1,251 | $1,187 | $1,273 | $1,996 |
Equity | $817 | $1,116 | $1,168 | $1,311 | $1,391 |
Edwyn
Over the past five years, Itron, Inc. has shown a mixed financial performance with fluctuations in its balance sheet figures. The total assets of the company have experienced significant growth, increasing from $2607.023 million in 2020 to $3407.623 million in 2024. This indicates that the company has been investing in its operations, expanding its business, or acquiring new assets during this period. On the other hand, the total liabilities have also increased over the years, rising from $1766.75 million in 2020 to $1996.195 million in 2024. However, the stockholders' equity has shown a more fluctuating trend. While it increased from 2020 to 2023, there was a notable decrease in 2024. This may indicate a change in the company's capital structure or financial strategies. These fluctuations in liabilities and equity could be influenced by various factors such as changes in debt levels, profitability, or strategic decisions made by the company. It would be important to further analyze the company's financial statements, profitability ratios, and industry trends to better understand the implications of these changes in Itron, Inc.'s financial position.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.