Financial Snapshot

Revenue
$331.2M
TTM
Gross Margin
47.72%
TTM
Net Earnings
$51.84M
TTM
Current Assets
$190.5M
Q3 2024
Current Liabilities
$86.77M
Q3 2024
Current Ratio
219.57%
Q3 2024
Total Assets
$320.7M
Q3 2024
Total Liabilities
$137.7M
Q3 2024
Book Value
$183.0M
Q3 2024
Cash
$67.47M
Q3 2024
P/E
11.83
Nov 29, 2024 EST
Free Cash Flow
$60.16M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $320.0M $293.1M $270.9M $245.6M $279.3M $253.3M $234.6M $199.6M $175.6M $182.1M $170.2M $150.3M $160.2M $147.8M $121.4M $132.6M $124.8M $104.1M $90.10M $77.90M $64.10M $49.70M
YoY Change 9.18% 8.19% 10.29% -12.07% 10.26% 7.97% 17.54% 13.67% -3.57% 6.99% 13.24% -6.18% 8.39% 21.75% -8.45% 6.25% 19.88% 15.54% 15.66% 21.53% 28.97%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $320.0M $293.1M $270.9M $245.6M $279.3M $253.3M $234.6M $199.6M $175.6M $182.1M $170.2M $150.3M $160.2M $147.8M $121.4M $132.6M $124.8M $104.1M $90.10M $77.90M $64.10M $49.70M
Cost Of Revenue $166.8M $155.5M $144.4M $130.1M $148.8M $126.0M $115.3M $97.50M $85.70M $85.00M $80.90M $74.80M $79.50M $75.20M $60.80M $69.00M $67.60M $53.90M $47.60M $41.90M $37.40M $30.80M
Gross Profit $153.2M $137.6M $126.5M $115.5M $130.5M $127.3M $119.4M $102.0M $89.90M $97.10M $89.30M $75.60M $80.70M $72.70M $60.60M $63.60M $57.20M $50.20M $42.50M $36.00M $26.70M $18.90M
Gross Profit Margin 47.87% 46.94% 46.69% 47.03% 46.72% 50.26% 50.9% 51.1% 51.2% 53.32% 52.47% 50.3% 50.37% 49.19% 49.92% 47.96% 45.83% 48.22% 47.17% 46.21% 41.65% 38.03%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Selling, General & Admin $70.28M $62.03M $58.02M $60.70M $67.90M $59.00M $59.80M $50.30M $47.10M $47.90M $44.20M $42.40M $43.50M $40.30M $34.90M $37.10M $30.80M $22.80M $19.80M $15.80M $14.30M $12.10M
YoY Change 13.29% 6.91% -4.41% -10.6% 15.08% -1.34% 18.89% 6.79% -1.67% 8.37% 4.25% -2.53% 7.94% 15.47% -5.93% 20.45% 35.09% 15.15% 25.32% 10.49% 18.18%
% of Gross Profit 45.89% 45.09% 45.88% 52.55% 52.03% 46.35% 50.08% 49.31% 52.39% 49.33% 49.5% 56.08% 53.9% 55.43% 57.59% 58.33% 53.85% 45.42% 46.59% 43.89% 53.56% 64.02%
Research & Development $16.99M $16.85M $14.10M $12.80M $13.90M $6.200M $3.200M $2.900M $2.400M $2.500M $2.400M $2.100M $1.900M $500.0K $400.0K $400.0K $3.000M $2.700M $2.800M $2.000M $1.700M $1.700M
YoY Change 0.82% 19.5% 10.15% -7.91% 124.19% 93.75% 10.34% 20.83% -4.0% 4.17% 14.29% 10.53% 280.0% 25.0% 0.0% -86.67% 11.11% -3.57% 40.0% 17.65% 0.0%
% of Gross Profit 11.09% 12.25% 11.15% 11.08% 10.65% 4.87% 2.68% 2.84% 2.67% 2.57% 2.69% 2.78% 2.35% 0.69% 0.66% 0.63% 5.24% 5.38% 6.59% 5.56% 6.37% 8.99%
Depreciation & Amortization $21.07M $20.13M $18.10M $18.83M $22.84M $14.61M $13.52M $11.64M $11.96M $12.22M $16.20M $14.67M $17.80M $31.75M $12.53M $10.12M $8.080M $4.210M $3.340M $3.540M $3.480M $3.900M
YoY Change 4.64% 11.26% -3.9% -17.56% 56.33% 8.06% 16.15% -2.68% -2.13% -24.57% 10.43% -17.58% -43.94% 153.39% 23.81% 25.25% 91.92% 26.05% -5.65% 1.72% -10.77%
% of Gross Profit 13.76% 14.64% 14.31% 16.3% 17.5% 11.48% 11.32% 11.41% 13.3% 12.58% 18.14% 19.4% 22.06% 43.67% 20.68% 15.91% 14.13% 8.39% 7.86% 9.83% 13.03% 20.63%
Operating Expenses $87.21M $78.79M $71.87M $73.50M $81.70M $65.00M $62.80M $53.10M $49.40M $50.40M $46.50M $44.90M $45.30M $40.90M $36.20M $37.60M $33.90M $25.40M $22.60M $17.80M $16.40M $14.60M
YoY Change 10.68% 9.63% -2.22% -10.04% 25.69% 3.5% 18.27% 7.49% -1.98% 8.39% 3.56% -0.88% 10.76% 12.98% -3.72% 10.91% 33.46% 12.39% 26.97% 8.54% 12.33%
Operating Profit $65.96M $58.77M $54.61M $42.00M $48.80M $62.30M $56.60M $48.90M $40.50M $46.70M $42.80M $30.70M $35.40M $31.80M $24.40M $26.00M $23.30M $24.80M $19.90M $18.20M $10.30M $4.300M
YoY Change 12.22% 7.62% 30.04% -13.93% -21.67% 10.07% 15.75% 20.74% -13.28% 9.11% 39.41% -13.28% 11.32% 30.33% -6.15% 11.59% -6.05% 24.62% 9.34% 76.7% 139.53%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Interest Expense -$1.552M -$5.944M -$4.761M $1.100M -$2.800M $500.0K $1.300M $2.100M $1.200M $1.700M $200.0K $1.000M $2.100M $100.0K $1.600M -$200.0K $1.200M $1.900M $900.0K -$2.100M -$600.0K -$6.000M
YoY Change -73.89% 24.85% -532.82% -139.29% -660.0% -61.54% -38.1% 75.0% -29.41% 750.0% -80.0% -52.38% 2000.0% -93.75% -900.0% -116.67% -36.84% 111.11% -142.86% 250.0% -90.0%
% of Operating Profit -2.35% -10.11% -8.72% 2.62% -5.74% 0.8% 2.3% 4.29% 2.96% 3.64% 0.47% 3.26% 5.93% 0.31% 6.56% -0.77% 5.15% 7.66% 4.52% -11.54% -5.83% -139.53%
Other Income/Expense, Net $2.000K $0.00 -$886.0K $100.0K $3.400M -$1.300M -$2.200M -$900.0K $0.00 -$200.0K $6.800M -$800.0K -$14.70M $0.00 $0.00 $0.00 -$500.0K
YoY Change -100.0% -986.0% -97.06% -361.54% -40.91% 144.44% -100.0% -102.94% -950.0% -94.56% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Pretax Income $64.41M $52.83M $48.97M $29.00M $23.20M $76.20M $55.50M $50.10M $41.80M $47.60M $38.00M $37.70M $27.90M $16.10M $26.00M $23.90M $73.70M $26.60M $20.80M $16.20M $9.700M -$2.300M
YoY Change 21.91% 7.89% 68.86% 25.0% -69.55% 37.3% 10.78% 19.86% -12.18% 25.26% 0.8% 35.13% 73.29% -38.08% 8.79% -67.57% 177.07% 27.88% 28.4% 67.01% -521.74%
Income Tax $13.36M $12.75M $11.85M $10.90M $12.20M $17.30M $17.70M $14.90M $12.80M $14.20M $12.40M $11.70M $5.700M $6.300M $7.100M $7.900M $21.00M $6.600M $5.300M $4.400M $3.400M -$3.000M
% Of Pretax Income 20.74% 24.12% 24.21% 37.59% 52.59% 22.7% 31.89% 29.74% 30.62% 29.83% 32.63% 31.03% 20.43% 39.13% 27.31% 33.05% 28.49% 24.81% 25.48% 27.16% 35.05%
Net Earnings $48.14M $37.10M $34.26M $16.10M $6.900M $60.70M $43.80M $32.10M $25.00M $30.40M $23.80M $24.90M $21.30M $8.700M $18.20M $14.90M $51.50M $19.30M $14.40M $11.20M $5.800M $900.0K
YoY Change 29.74% 8.31% 112.77% 133.33% -88.63% 38.58% 36.45% 28.4% -17.76% 27.73% -4.42% 16.9% 144.83% -52.2% 22.15% -71.07% 166.84% 34.03% 28.57% 93.1% 544.44%
Net Earnings / Revenue 15.04% 12.66% 12.65% 6.56% 2.47% 23.96% 18.67% 16.08% 14.24% 16.69% 13.98% 16.57% 13.3% 5.89% 14.99% 11.24% 41.27% 18.54% 15.98% 14.38% 9.05% 1.81%
Basic Earnings Per Share $2.41 $1.82 $1.65 $0.77
Diluted Earnings Per Share $2.40 $1.82 $1.649M $774.0K $328.6K $2.877M $2.086M $1.529M $1.190M $1.448M $1.133M $1.186M $1.014M $414.3K $866.7K $696.3K $2.201M $821.3K $709.4K $583.3K $303.7K $49.18K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Cash & Short-Term Investments $53.55M $28.17M $54.71M $78.80M $54.30M $53.30M $40.50M $31.50M $29.10M $40.80M $46.70M $29.50M $35.70M $53.40M $70.30M $47.90M $38.20M $59.80M $58.40M $4.600M $3.900M
YoY Change 90.13% -48.52% -30.57% 45.12% 1.88% 31.6% 28.57% 8.25% -28.68% -12.63% 58.31% -17.37% -33.15% -24.04% 46.76% 25.39% -36.12% 2.4% 1169.57% 17.95%
Cash & Equivalents $53.43M $27.85M $50.31M $72.20M $54.00M $51.40M $36.90M $31.10M $27.00M $38.40M $41.70M $29.50M $35.30M $46.70M $60.80M $12.50M $28.70M $43.80M $58.40M $4.600M $3.900M
Short-Term Investments $119.0K $316.0K $4.405M $6.700M $400.0K $1.900M $3.600M $400.0K $2.000M $2.400M $5.000M $0.00 $400.0K $6.700M $9.400M $35.40M $9.600M $16.00M $0.00
Other Short-Term Assets $52.72M $48.16M $35.86M $37.30M $48.30M $49.90M $41.20M $35.40M $22.40M $22.00M $18.00M $14.50M $14.20M $10.90M $5.100M $4.700M $83.20M $5.600M $2.300M $1.600M $2.100M
YoY Change 9.49% 34.28% -3.85% -22.77% -3.21% 21.12% 16.38% 58.04% 1.82% 22.22% 24.14% 2.11% 30.28% 113.73% 8.51% -94.35% 1385.71% 143.48% 43.75% -23.81%
Inventory $26.87M $28.51M $28.24M $23.90M $26.50M $31.40M $14.50M $14.50M $12.90M $12.50M $15.00M $15.60M $11.80M $10.30M $8.900M $12.50M $13.80M $11.70M $6.700M $6.400M $4.700M
Prepaid Expenses
Receivables $45.39M $45.82M $43.92M $39.30M $45.10M $54.30M $41.00M $33.90M $27.40M $28.00M $29.20M $26.20M $25.30M $31.20M $24.90M $26.70M $27.60M $29.70M $22.50M $20.00M $16.70M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $178.5M $150.7M $162.7M $179.4M $174.2M $188.9M $137.1M $115.2M $91.70M $103.2M $108.9M $85.80M $87.00M $105.9M $109.2M $91.70M $162.8M $106.8M $90.00M $32.70M $27.50M
YoY Change 18.51% -7.42% -9.29% 2.99% -7.78% 37.78% 19.01% 25.63% -11.14% -5.23% 26.92% -1.38% -17.85% -3.02% 19.08% -43.67% 52.43% 18.67% 175.23% 18.91%
Property, Plant & Equipment $50.03M $55.15M $40.34M $43.20M $61.50M $50.50M $39.00M $35.60M $31.50M $31.90M $32.50M $34.20M $40.90M $46.10M $42.30M $27.10M $24.40M $19.10M $9.900M $9.200M $9.400M
YoY Change -9.29% 36.71% -6.62% -29.76% 21.78% 29.49% 9.55% 13.02% -1.25% -1.85% -4.97% -16.38% -11.28% 8.98% 56.09% 11.07% 27.75% 92.93% 7.61% -2.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.927M $2.967M $3.057M $2.500M $5.200M $8.000M $16.60M $12.90M $5.500M $1.700M $1.900M $200.0K $300.0K $300.0K $300.0K $3.200M $1.900M $900.0K $900.0K $800.0K $2.000M
YoY Change -1.35% -2.94% 22.28% -51.92% -35.0% -51.81% 28.68% 134.55% 223.53% -10.53% 850.0% -33.33% 0.0% 0.0% -90.63% 68.42% 111.11% 0.0% 12.5% -60.0%
Other Assets $36.97M $29.68M $30.14M $28.10M $24.90M $24.50M $18.60M $10.80M $9.900M $11.00M $11.10M $16.50M $17.40M $21.00M $18.80M $18.60M $8.400M $10.60M $9.400M $9.800M $10.00M
YoY Change 24.57% -1.53% 7.25% 12.85% 1.63% 31.72% 72.22% 9.09% -10.0% -0.9% -32.73% -5.17% -17.14% 11.7% 1.08% 121.43% -20.75% 12.77% -4.08% -2.0%
Total Long-Term Assets $140.1M $139.9M $130.3M $133.1M $165.0M $184.9M $78.10M $62.80M $50.30M $49.10M $51.60M $61.50M $70.50M $82.40M $76.70M $66.20M $53.80M $38.00M $26.50M $26.30M $27.20M
YoY Change 0.16% 7.4% -2.11% -19.33% -10.76% 136.75% 24.36% 24.85% 2.44% -4.84% -16.1% -12.77% -14.44% 7.43% 15.86% 23.05% 41.58% 43.4% 0.76% -3.31%
Total Assets $318.7M $290.6M $293.0M $312.5M $339.2M $373.8M $215.2M $178.0M $142.0M $152.3M $160.5M $147.3M $157.5M $188.3M $185.9M $157.9M $216.6M $144.8M $116.5M $59.00M $54.70M
YoY Change
Accounts Payable $20.84M $21.94M $21.28M $19.70M $22.70M $24.00M $23.30M $18.60M $10.50M $11.80M $11.60M $9.600M $9.400M $10.60M $13.50M $11.70M $12.80M $15.00M $10.40M $10.60M $7.900M
YoY Change -4.99% 3.11% 7.99% -13.22% -5.42% 3.0% 25.27% 77.14% -11.02% 1.72% 20.83% 2.13% -11.32% -21.48% 15.38% -8.59% -14.67% 44.23% -1.89% 34.18%
Accrued Expenses $34.26M $26.43M $30.31M $28.40M $23.60M $22.30M $25.10M $21.20M $12.90M $18.30M $21.80M $17.10M $15.20M $12.10M $11.60M $10.90M $15.60M $6.800M $6.200M
YoY Change 29.62% -12.81% 6.74% 20.34% 5.83% -11.16% 18.4% 64.34% -29.51% -16.06% 27.49% 12.5% 25.62% 4.31% 6.42% -30.13% 129.41% 9.68%
Deferred Revenue
YoY Change
Short-Term Debt $138.0K $206.0K $699.0K $900.0K $0.00 $2.200M $0.00 $0.00 $200.0K $0.00 $0.00 $200.0K $400.0K $100.0K $0.00 $300.0K $300.0K $100.0K $200.0K $6.600M $13.80M
YoY Change -33.01% -70.53% -22.33% -100.0% -100.0% -100.0% -50.0% 300.0% -100.0% 0.0% 200.0% -50.0% -96.97% -52.17%
Long-Term Debt Due $355.0K $12.19M $17.56M $19.50M $18.10M $8.400M $300.0K $3.100M
YoY Change -97.09% -30.57% -9.96% 7.73% 115.48% -90.32%
Total Short-Term Liabilities $92.46M $93.28M $104.6M $112.7M $101.1M $104.7M $65.80M $56.10M $41.60M $46.30M $51.60M $41.60M $38.50M $57.30M $36.40M $31.70M $52.40M $33.40M $29.00M $30.10M $31.10M
YoY Change -0.88% -10.85% -7.16% 11.47% -3.44% 59.12% 17.29% 34.86% -10.15% -10.27% 24.04% 8.05% -32.81% 57.42% 14.83% -39.5% 56.89% 15.17% -3.65% -3.22%
Long-Term Debt $237.0K $0.00 $13.17M $34.10M $49.80M $62.60M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K $200.0K $5.900M $5.900M $5.900M $5.900M $6.300M $9.500M $16.10M
YoY Change -100.0% -61.38% -31.53% -20.45% -100.0% 0.0% -96.61% 0.0% 0.0% 0.0% -6.35% -33.68% -40.99%
Other Long-Term Liabilities $44.62M $42.90M $35.47M $33.30M $49.60M $39.80M $16.20M $13.70M $12.60M $11.30M $13.20M $13.00M $12.60M $14.60M $8.500M $6.200M $4.100M $5.300M $4.500M $4.300M $3.800M
YoY Change 4.02% 20.96% 6.5% -32.86% 24.62% 145.68% 18.25% 8.73% 11.5% -14.39% 1.54% 3.17% -13.7% 71.76% 37.1% 51.22% -22.64% 17.78% 4.65% 13.16%
Total Long-Term Liabilities $44.86M $42.90M $48.63M $67.40M $99.40M $102.4M $16.20M $13.70M $12.60M $11.30M $13.20M $13.00M $12.80M $14.80M $14.40M $12.10M $10.00M $11.20M $10.80M $13.80M $19.90M
YoY Change 4.57% -11.79% -27.84% -32.19% -2.93% 532.1% 18.25% 8.73% 11.5% -14.39% 1.54% 1.56% -13.51% 2.78% 19.01% 21.0% -10.71% 3.7% -21.74% -30.65%
Total Liabilities $144.2M $144.8M $160.6M $185.3M $209.9M $220.1M $89.40M $75.80M $58.30M $61.60M $69.60M $59.30M $56.30M $77.60M $55.70M $48.30M $67.00M $48.00M $40.70M $44.00M $50.90M
YoY Change -0.38% -9.83% -13.35% -11.72% -4.63% 146.2% 17.94% 30.02% -5.36% -11.49% 17.37% 5.33% -27.45% 39.32% 15.32% -27.91% 39.58% 17.94% -7.5% -13.56%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Basic Shares Outstanding 20.00M shares 20.42M shares 20.77M shares 20.81M shares
Diluted Shares Outstanding 20.00M shares 20.42M shares 20.77M shares 20.81M shares
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Market Cap: $613.31 Million

About Ituran Location & Control Ltd.

Ituran Location & Control Ltd. engages in the provision of stolen vehicle recovery, fleet management, and tracking services. The firm also provides wireless communication products used in connection with its location-based services and various other applications. Its operations consist of two segments: location-based services and wireless communications products. Its location-based services segment consists of its SVR and tracking services, fleet management and value-added services consisted of personal locater services and concierge services. Its wireless communications products segment consists of short and medium range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location (AVL) and automatic vehicle identification. The company primarily provides its services, as well as sells and leases its products in Israel, Brazil, Argentina and the United States.

Industry: Wholesale-Electronic Parts & Equipment, NEC Peers: AUDIOCODES LTD CERAGON NETWORKS LTD GILAT SATELLITE NETWORKS LTD RADWARE LTD SILICOM LTD.