Ituran Location and Control Ltd. (ITRN) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.88	$0.88	0.0%	—	$104.8M	—
Q1 26	$0.81	$0.85	+4.9%	—	$102.7M	—
Q4 25	$0.76	$0.77	+1.3%	—	$93.5M	—
Q3 25	$0.68	$0.74	+8.8%	—	$92.3M	—
Q2 25	$0.73	$0.67	-8.2%	—	$86.8M	—
Q1 25	$0.7	$0.73	+4.3%	—	$86.5M	—
Q4 24	$0.68	$0.7	+2.9%	—	$82.9M	—
Q3 24	$0.66	$0.69	+4.5%	—	$83.5M	—
Q2 24	$0.61	$0.66	+8.2%	—	$84.9M	—
Q1 24	$0.59	$0.66	+11.9%	—	$85M	—
Q4 23	$0.6	$0.6	0.0%	—	$77.8M	—
Q3 23	$0.58	$0.63	+8.6%	—	$81.1M	—
Q2 23	$0.53	$0.61	+15.1%	—	$81.6M	—
Q1 23	$0.53	$0.56	+5.7%	—	$79.5M	—
Q4 22	$0.52	$0.47	-9.6%	—	$74.9M	—
Q3 22	$0.44	$0.49	+11.4%	—	$72.7M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.92	—	—	$359M	—
FY24	—	$2.7	—	—	$336.3M	—
FY23	—	$2.4	—	—	$320M	—
FY22	—	$1.82	—	—	$293.1M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$199.6M	$234.6M	$253.3M	$279.3M	$245.6M	$270.9M	$293.1M	$320M	$336.3M	$359M
YoY change	+13.6%	+17.6%	+7.97%	+10.3%	-12.1%	+10.3%	+8.19%	+9.18%	+5.09%	+6.77%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	199.6M	234.6M	253.3M	279.3M	245.6M	270.9M	293.1M	320M	336.3M	359M
Cost of revenue	97.5M	115.3M	126M	148.8M	129.1M	143M	155.5M	166.8M	175.6M	180.4M
Gross profit	102M	119.4M	127.3M	130.5M	116.5M	127.8M	137.6M	153.2M	160.6M	178.6M
Gross margin	51.1%	50.9%	50.3%	46.7%	47.4%	47.2%	46.9%	47.9%	47.8%	49.7%
Research & development	2.9M	3.2M	6.2M	13.9M	12.8M	14.1M	16.8M	17M	18.1M	20.8M
Selling, general & administrative	50.3M	59.8M	59M	67.9M	61.7M	59.4M	62M	70.3M	71.5M	80.8M
Operating expenses	54.1M	62.8M	65M	81.9M	74.5M	73.5M	78.9M	87.3M	89.5M	101.5M
Operating income	48.8M	54.1M	62.3M	48.9M	41.5M	54.5M	58.7M	66.3M	71.2M	77.5M
Operating margin	24.5%	23.1%	24.6%	17.5%	16.9%	20.1%	20%	20.7%	21.2%	21.6%
Non-operating income, net	-995K	-270K	13.8M	-23.6M	-10.6M	-3.9M	-4.3M	-1.7M	13K	-3.9M
Pretax income	50.1M	55.5M	76.2M	23.2M	29M	49M	52.8M	64.4M	71.2M	74.9M
Income tax	14.9M	17.7M	17.3M	12.2M	10.9M	11.9M	12.7M	13.4M	14.6M	14.9M
Net income	34.7M	46.4M	63.2M	7.8M	17.3M	37M	39.5M	50.3M	56.5M	60M
Net margin	17.4%	19.8%	24.9%	2.78%	7.06%	13.7%	13.5%	15.7%	16.8%	16.7%
EBITDA	60.6M	67.9M	77.1M	75.4M	61.2M	72.4M	79.9M	89.1M	93.3M	99.5M
EPS	1.53	2.09	3.06	0.33	0.77	1.65	1.82	2.4	2.7	2.92
Diluted EPS	1.53	2.09	3.06	0.33	0.77	1.65	1.82	2.4	2.7	2.92

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	81.1M	77.8M	85M	84.9M	83.5M	82.9M	86.5M	86.8M	92.3M	93.5M	102.7M	104.8M
Cost of revenue	41.6M	39.4M	45.5M	45.1M	43.3M	41.8M	44.4M	43.9M	45.9M	46.3M	53.2M	51.4M
Gross profit	39.4M	38.4M	39.5M	39.8M	40.2M	41.1M	42M	42.9M	46.4M	47.2M	49.4M	53.4M
Gross margin	48.6%	49.4%	46.5%	46.9%	48.1%	49.6%	48.6%	49.5%	50.3%	50.5%	48.2%	50.9%
Research & development	4.4M	4.2M	4.5M	4.6M	4.5M	4.5M	4.9M	5.1M	5.7M	5.2M	5M	5.5M
Selling, general & administrative	18.1M	17.8M	18M	17.5M	17.3M	18.6M	18.5M	19.5M	21.1M	21.8M	22.5M	24.1M
Operating expenses	22.5M	22.1M	22.5M	22.1M	21.8M	23.1M	23.4M	24.6M	26.8M	26.8M	27.4M	29.6M
Operating income	16.9M	16.9M	17M	17.7M	18.4M	18.1M	18.7M	18.3M	19.6M	20.9M	22.1M	23.8M
Operating margin	20.8%	21.7%	20%	20.9%	22%	21.9%	21.6%	21.1%	21.3%	22.3%	21.5%	22.7%
Non-operating income, net	—	-1.7M	—	—	—	—	—	—	—	—	—	—
Pretax income	16.8M	14.9M	17.1M	17.8M	18.4M	17.9M	19.2M	17M	19.3M	19.4M	22.6M	22.4M
Income tax	3.6M	2.5M	3.4M	3.8M	4M	3.3M	4.1M	3.3M	3.9M	3.7M	5.6M	4.6M
Net income	13M	12.4M	13.6M	14M	14.2M	14.8M	15.1M	13.8M	15.4M	15.8M	17M	17.8M
Net margin	16.1%	16%	16%	16.5%	17%	17.8%	17.5%	15.9%	16.7%	16.9%	16.6%	17%
EBITDA	22.5M	22.3M	22.3M	23.1M	23.3M	24.6M	23.3M	22.9M	24.6M	25.1M	26.7M	28.4M
EPS	0.63	0.6	0.66	0.66	0.69	0.7	0.73	0.67	0.74	0.77	0.85	0.88
Diluted EPS	0.63	0.6	0.66	0.66	0.69	0.7	0.73	0.67	0.74	0.77	0.85	0.88

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	555.7M	717.1M	675.7M	528.7M	396.5M	553.9M	431.4M	546.5M	619.7M	854.8M	1B
Enterprise value	524.2M	676.7M	695.6M	554.9M	377.6M	535.3M	425.4M	501.6M	551.4M	756.1M	929.7M
Shares outstanding	21M	21M	21.1M	21M	20.8M	20.8M	20.4M	20.1M	19.9M	19.9M	19.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	16	15.5	10.7	68.1	22.9	15	10.9	10.9	11	14.2	15.9
P/S	2.78	3.06	2.67	1.89	1.61	2.04	1.47	1.71	1.84	2.38	2.59
P/B	5.14	5.38	4.22	3.89	3.05	4.02	2.82	3.03	3.24	3.81	4.66
EV/EBITDA	8.65	9.96	9.03	7.36	6.17	7.4	5.32	5.63	5.91	7.6	8.85
EV/Sales	2.63	2.88	2.75	1.99	1.54	1.98	1.45	1.57	1.64	2.11	2.36
Earnings yield	6.25%	6.47%	9.35%	1.47%	4.37%	6.68%	9.16%	9.21%	9.12%	7.02%	6.28%
FCF yield	5.01%	3.87%	4.66%	7.83%	12.6%	7.07%	4.31%	11.5%	9.78%	7.82%	6.08%
PEG	—	—	—	—	—	—	—	—	—	—	0.51

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	51.1%	50.9%	50.3%	46.7%	47.4%	47.2%	46.9%	47.9%	47.8%	49.7%	50.9%
Operating margin	24.5%	23.1%	24.6%	17.5%	16.9%	20.1%	20%	20.7%	21.2%	21.6%	22.7%
Net margin	17.4%	19.8%	24.9%	2.78%	7.06%	13.7%	13.5%	15.7%	16.8%	16.7%	16.3%
ROE	32.1%	34.8%	39.4%	5.71%	13.3%	26.9%	25.8%	27.9%	29.6%	26.7%	30.2%
ROA	19.5%	21.5%	16.9%	2.29%	5.55%	12.6%	13.6%	15.8%	17.3%	15.5%	13.9%
ROIC	44.8%	39.7%	26.7%	14.2%	23.4%	34.7%	30.4%	38.8%	46.1%	49.4%	54%
Return on tangible assets	20.3%	22.3%	37.2%	4.17%	8.99%	20.6%	21.2%	23.1%	24.6%	20.8%	21.4%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.98	2.09	1.8	1.72	1.59	1.56	1.62	1.93	2.22	2.28	2.03
Quick ratio	1.73	1.87	1.53	1.47	1.39	1.3	1.31	1.64	1.95	2.06	1.82
Debt / equity	0	0	0.46	0.59	0.46	0.26	0.14	0.05	0.05	0.04	0.02
Debt / assets	0	0	0.2	0.24	0.19	0.12	0.08	0.03	0.03	0.02	0.01
Net debt / EBITDA	-0.52	-0.59	0.26	0.35	-0.31	-0.26	-0.08	-0.5	-0.73	-0.99	-0.95
Interest coverage	1.1K	—	145.4	9.89	14.2	22.8	21.5	35	36.3	41.4	41.4
Effective tax rate	29.7%	31.9%	22.7%	52.7%	37.4%	24.2%	24.1%	20.7%	20.5%	19.9%	21.2%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	9.52	11.2	12	13.3	11.8	13	14.4	16	16.9	18.1	19.8
EPS (basic)	1.53	2.09	3.06	0.33	0.77	1.65	1.82	2.4	2.7	2.92	2.92
EPS (diluted)	1.53	2.09	3.06	0.33	0.77	1.65	1.82	2.4	2.7	2.92	3.23
Book value per share	5.16	6.35	7.6	6.46	6.24	6.64	7.49	8.99	9.61	11.3	11
FCF per share	1.33	1.32	1.5	1.97	2.39	1.89	0.91	3.14	3.05	3.36	4.01
Cash per share	1.5	1.93	2.53	2.58	3.79	2.63	1.38	2.67	3.89	5.41	5.25
Capex per share	0.02	0.02	0.02	0.01	0.01	0.04	0.05	0.01	0.02	1.1	1.1

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.17%	0.13%	0.15%	0.08%	0.09%	0.34%	0.36%	0.06%	0.14%	6.07%	5.55%
Capex / operating cash flow	0.83%	0.6%	0.53%	0.72%	0.46%	1.72%	2.57%	0.26%	0.62%	24.6%	21.6%
Payout ratio	49.2%	48.8%	32%	255.5%	57.5%	42.7%	29%	23%	49.6%	62.6%	92.9%
Dividend yield	3.08%	3.16%	2.99%	3.75%	2.51%	2.85%	2.66%	2.12%	4.53%	4.4%	3.86%

Yield

3.86%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.50

ex-dividend Sep 29, 2026

Payout ratio

93%

of earnings

Dividend growth

3 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 29, 2026	$0.50
Jun 24, 2026	$0.50
Mar 30, 2026	$1.50
Dec 29, 2025	$0.50
Sep 25, 2025	$0.50

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$81.1M	$77.8M	$85M	$84.9M	$83.5M	$82.9M	$86.5M	$86.8M	$92.3M	$93.5M	$102.7M	$104.8M
YoY change	+11.5%	+3.82%	+6.99%	+3.95%	+2.99%	+6.52%	+1.68%	+2.27%	+10.5%	+12.8%	+18.8%	+20.7%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	31.5M	40.5M	53.3M	54.3M	78.8M	54.7M	28.2M	53.6M	77.4M	107.6M
Receivables	33.9M	41M	54.3M	45.1M	39.3M	43.9M	45.8M	45.4M	47.7M	58.5M
Inventory	14.4M	14.2M	28.4M	25.5M	22.6M	27.1M	28.5M	26.9M	23.4M	23.2M
Total current assets	111.2M	137.1M	188.9M	174.2M	179.4M	162.7M	150.7M	178.5M	194.6M	237.6M
Property, plant & equipment	33.8M	36.8M	44M	52.1M	36.8M	34.5M	50M	44.6M	37M	42.6M
Goodwill & intangibles	6.9M	7.6M	203.9M	152.8M	119.6M	113.5M	104.3M	100.5M	96.7M	97.3M
Total assets	178M	215.2M	373.8M	339.2M	312.5M	293M	290.9M	318.7M	326.9M	386.2M
Accounts payable	18.6M	23.3M	24M	22.7M	19.7M	21.3M	21.9M	20.8M	18.8M	19.1M
Short-term debt	3K	48K	10.6M	19.9M	23.2M	20.7M	14.9M	3.7M	3.5M	4.1M
Total current liabilities	56.1M	65.8M	104.7M	101.1M	112.7M	104.1M	93M	92.5M	87.7M	104.1M
Long-term debt	—	—	62.6M	60.6M	36.8M	15.4M	7.2M	5M	5.6M	4.7M
Total liabilities	69.8M	81.9M	213.6M	203.3M	182.6M	155.2M	138.1M	138.4M	135.6M	161.7M
Shareholders' equity	108.2M	133.2M	160.2M	135.9M	129.9M	137.8M	152.9M	180.2M	191.3M	224.5M
Total debt	3K	48K	73.2M	80.5M	60M	36.1M	22.1M	8.7M	9.1M	8.9M
Net debt	-31.1M	-36.9M	21.8M	26.6M	-12.2M	-14.2M	-5.8M	-44.8M	-68.3M	-98.7M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	40M	53.6M	54.3M	63.3M	67.5M	77.4M	75.7M	88.7M	93.1M	107.6M	108M	103.7M
Receivables	45.5M	45.4M	49.3M	49.2M	47.9M	47.7M	54.2M	59.9M	62.1M	58.5M	68.1M	66.5M
Inventory	26.1M	26.9M	26.1M	24.8M	24M	23.4M	23.3M	24.7M	25.7M	23.2M	21M	25M
Total current assets	163.5M	178.5M	184.1M	187.4M	190.5M	194.6M	201.4M	221.6M	230.2M	237.6M	248.9M	248.2M
Property, plant & equipment	48.6M	44.6M	47.2M	42.9M	41.3M	37M	45.1M	47.4M	48.3M	42.6M	48.5M	50.9M
Goodwill & intangibles	100.1M	100.5M	99.2M	97.4M	96.7M	96.7M	95.9M	97.4M	97.2M	97.3M	97.7M	99.4M
Total assets	297.1M	318.7M	321.2M	318.8M	320.7M	326.9M	336.5M	364.5M	376.1M	386.2M	401.2M	408.4M
Accounts payable	18.8M	20.8M	19.9M	20.9M	17.2M	18.8M	20M	20.6M	20.4M	19.1M	22.2M	25.7M
Short-term debt	1.7M	3.7M	320K	236K	169K	3.5M	—	—	—	4.1M	—	—
Total current liabilities	84.7M	92.5M	92.9M	91.9M	86.8M	87.7M	93.3M	98.3M	102.4M	104.1M	131.3M	122.4M
Long-term debt	4.8M	5M	4.7M	4.5M	4.3M	5.6M	5.4M	5.2M	4.9M	4.7M	4.3M	4.2M
Total liabilities	128.4M	138.4M	138.7M	137.1M	132.6M	135.6M	141M	152.8M	157.5M	161.7M	187.4M	182.9M
Shareholders' equity	168.8M	180.2M	182.5M	181.7M	188.1M	191.3M	195.5M	211.7M	218.5M	224.5M	213.7M	225.5M
Total debt	6.5M	8.7M	5M	4.7M	4.5M	9.1M	5.4M	5.2M	4.9M	8.9M	4.3M	4.2M
Net debt	-33.3M	-44.8M	-49M	-58.5M	-63M	-68.3M	-70.3M	-83.6M	-88.2M	-98.7M	-103.6M	-99.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	34.7M	46.4M	63.2M	7.8M	17.3M	37M	39.5M	50.3M	56.5M	60M
Depreciation & amortization	11.6M	13.5M	14.6M	22.8M	18.8M	18.1M	20.1M	21.1M	20.1M	19.2M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	-4.1M	-6.5M	-8M	1.6M	15.2M	-1.2M	-18M	8M	-2.3M	10.7M
Operating cash flow	41.2M	52.8M	72.2M	30M	49M	53.5M	40.9M	76.3M	73.9M	88.6M
Capital expenditure	342K	315K	381K	216K	223K	922K	1.1M	199K	459K	-21.8M
Investing cash flow	-6.2M	1.5M	-63.1M	23K	-1.2M	-1.9M	-849K	-3M	-2.3M	-25.1M
Dividends paid	-17.1M	-22.6M	-20.2M	-19.8M	-10M	-15.8M	-11.5M	-11.6M	-28.1M	-37.6M
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-18.4M	-24.3M	49.8M	-38.9M	-29.4M	-58.7M	-36.4M	-32.9M	-31.8M	-42.7M
Net change in cash	16.6M	30M	58.9M	-8.9M	18.3M	-7.1M	3.7M	40.4M	39.8M	20.8M
Free cash flow	27.8M	27.7M	31.5M	41.4M	49.8M	39.2M	18.6M	63M	60.6M	66.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	13M	12.4M	13.6M	14M	14.2M	14.8M	15.1M	13.8M	15.4M	15.8M	17M	17.8M
Depreciation & amortization	5.6M	5.4M	5.3M	5.4M	4.9M	4.5M	4.6M	4.6M	5M	4.9M	4.6M	4.7M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	1.9M	5.4M	-6.7M	4M	-2.1M	2.5M	-4.3M	4.3M	1.4M	9.2M	-2.2M	10.6M
Operating cash flow	20.2M	21.8M	11.4M	22.9M	16.9M	22.7M	15.4M	22.4M	21.3M	29.4M	18.2M	32.2M
Capital expenditure	86K	55K	156K	137K	96K	70K	300K	-5.3M	-5.3M	-4.6M	-5.3M	-6.6M
Investing cash flow	-731K	-23K	-349K	-793K	-889K	-277K	-80K	-5.9M	-6.6M	-5.4M	-6.5M	-8.2M
Dividends paid	-3M	-2.9M	-4.8M	-7.8M	-7.8M	-7.8M	-7.8M	-9.9M	-9.9M	-9.9M	-9.9M	-29.8M
Share repurchases	—	—	—	0	—	—	—	—	—	—	—	—
Financing cash flow	-8.8M	-4.4M	-6.7M	-7.8M	-9.4M	-7.8M	-9.5M	-9.9M	-11.4M	-11.8M	-12.4M	-32.9M
Net change in cash	10.7M	17.4M	4.4M	14.3M	6.6M	14.6M	5.8M	6.6M	3.3M	12.1M	-633K	-8.9M
Free cash flow	16.6M	17.7M	8.3M	19.8M	14.4M	18.2M	8.8M	17.2M	16M	24.7M	12.9M	25.6M

Ituran Location and Control Ltd. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement