ITRN Ituran Location & Control Ltd.

Overview and Growth

Fiscal 2025 results for Ituran Location & Control Ltd. combined $359.02M of revenue with net income of $57.97M and an operating cash inflow of $88.58M. At $359.02M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line expanded 6.8% from $336.26M in fiscal 2024, increasing the company’s operating scale. On a per-share basis, diluted EPS was $2.92, which connects the reported earnings outcome with the company’s diluted share count. Against diluted EPS of $2.70 in fiscal 2024, the current result was 8.1% higher. The revenue-to-assets relationship was 0.93x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Gross profit was $178.58M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. The gross-profit relationship equaled 49.7% of revenue, quantifying the portion retained before operating expenses were recognized. Operating income was $77.03M, the earnings remaining from reported operations after the company’s recognized operating cost structure. Relative to revenue, operating income represented 21.5%, showing how efficiently sales converted into operating profit. After all reported below-operating-line items, the company recorded net income of $57.97M for the fiscal year. Measured against reported revenue, net income produced a 16.1% margin after operating costs and the remaining recognized items. Pretax income was $74.90M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Pretax income represented 20.9% of revenue, placing earnings before tax in the context of the company’s operating scale. The company recognized $14.90M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 19.9% of pretax income, showing the tax burden absorbed by the year’s earnings.

Liquidity and Capital Structure

Total assets were $386.21M, supported by $161.73M of liabilities and $224.49M of shareholder equity. Current assets were $237.64M against $104.11M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 2.28x, leaving a positive buffer for near-term obligations. The company held $107.55M in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 103.3% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Borrowings totaled $0.00, adding a fixed financing obligation alongside the company’s equity capital. The debt-to-equity relationship was 0.0x, showing how much debt the company carried for each unit of book equity. Debt represented 0.0% of total assets, placing borrowing in the context of the company’s full resource base. The liabilities-to-assets relationship was 41.9%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 27.8%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $326.88M in fiscal 2024, the current asset base moved 18.2% and finished higher.

Cash Flow and Earnings Quality

The company reported $88.58M of operating cash flow, a cash inflow that shows the cash generated by operations. Against net income, operating cash flow measured 1.53x, showing the relationship between accrual earnings and operating cash. Capital spending was $21.78M, absorbing part of the cash generated from operations before free cash flow. Capital spending absorbed 24.6% of operating cash flow, quantifying the share of cash from operations directed to investment. After capital spending, free cash flow was $66.80M, leaving cash available for debt reduction, shareholder returns, or further investment. Relative to revenue, free cash flow equaled 18.6%, showing how much sales converted into cash after investment. The free-cash-flow-to-assets relationship was 17.3%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.