Ituran Location and Control Ltd. (ITRN) — Financial statements
Income statement, balance sheet, and cash flow for Ituran Location and Control Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 359↑6.8% | 336↑5.1% | 320↑9.2% | 293↑8.2% | 271 | |
| Cost of Revenue | 180↑2.7% | 176↑5.3% | 167↑7.3% | 156↑8.7% | 143 | |
| Gross Profit | 179↑11.2% | 161↑4.9% | 153↑11.3% | 138↑7.6% | 128 | |
| Operating Expenses | ||||||
| R&D Expenses | 21↑15.0% | 18↑6.5% | 17↑0.8% | 17↑19.5% | 14 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 81↑13.0% | 72↑1.8% | 70↑13.3% | 62↑4.5% | 59 | |
| Other Expenses | 0.00↑100.0% | -0.15↓155.2% | -0.06↑37.0% | -0.09↑64.1% | -0.26 | |
| Operating Expenses | 102↑13.6% | 89↑2.6% | 87↑10.7% | 79↑7.6% | 73 | |
| Total Costs & Expenses | 282↑6.4% | 265↑4.4% | 254↑8.4% | 234↑8.3% | 217 | |
| Operating Results | ||||||
| Operating Income | 77↑8.3% | 71↑7.8% | 66↑12.3% | 59↑8.0% | 54 | |
| Depreciation & Amortization | 19↓4.5% | 20↓4.7% | 21↑4.6% | 20↑11.3% | 18 | |
| EBITDA | 96↑3.0% | 93↑6.8% | 87↑15.7% | 76↑9.0% | 69 | |
| EBIT | 77↑5.0% | 73↑10.5% | 66↑19.7% | 55↑8.2% | 51 | |
| Interest & Other Income | ||||||
| Net Interest Income | -2↓23075.0% | -0.01↑96.8% | -0.25↑84.4% | -2↑7.6% | -2 | |
| Interest Income | 0.00↓100.0% | 2↑21.9% | 2↑65.7% | 1.00↑84.9% | 0.54 | |
| Interest Expense | 2↓8.1% | 2↑6.4% | 2↓26.4% | 3↑14.5% | 2 | |
| Non-Operating Income | 0.00↑100.0% | -2↓455.9% | -0.40↓112.3% | 3↑4.3% | 3 | |
| Other Income / Expenses | -2↓2042.9% | 0.11↑104.8% | -2↑65.9% | -6↓17.2% | -5 | |
| Income Before Tax | 75↑5.3% | 71↑11.7% | 64↑21.9% | 52↑6.9% | 49 | |
| Income Tax Expense | 15↑2.2% | 15↑9.2% | 13↑4.8% | 13↑7.5% | 12 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 60↑6.1% | 57↑12.3% | 50↑27.5% | 40↑6.7% | 37 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 58↑8.0% | 54↑11.5% | 48↑29.7% | 37↑8.3% | 34 | |
| Bottom-Line Net Income | 58↑8.0% | 54↑11.5% | 48↑29.7% | 37↑8.3% | 34 | |
| EPS (Basic) | 2.92↑8.1% | 2.70↑12.0% | 2.41↑32.4% | 1.82↑10.3% | 1.65 | |
| EPS (Diluted) | 2.92↑8.1% | 2.70↑12.0% | 2.41↑32.4% | 1.82↑10.3% | 1.65 | |
| Weighted Average Shares | 20↓0.1% | 20↓0.5% | 20↓2.0% | 20↓1.7% | 21 | |
| Weighted Average Diluted Shares | 20↓0.1% | 20↓0.5% | 20↓2.0% | 20↓1.7% | 21 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.