Itron (ITRI) vs Mercury Systems (MRCY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Mercury Systems (MRCY) has outperformed Itron (ITRI) over the past year, losing 4.5% versus a loss of 32.4%. Over five years, MRCY leads with a +59.2% price change compared with +14.1% for ITRI. Mercury Systems is the larger company by market cap ($4.85 billion vs $3.75 billion), about 1.3 times the size.
On valuation, Itron trades at a lower forward P/E (12.2x vs 35.8x for Mercury Systems).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ITRI | MRCY |
|---|---|---|
| Share price | $85.58 | $79.75 |
| Market cap | $3.75B | $4.85B |
| 1-day change | -3.18% | -3.68% |
| YTD return | -7.84% | +9.23% |
| 1-year return | -32.37% | -4.46% |
| 5-year return | +14.12% | +59.21% |
| P/E ratio (TTM) | 14.31 | — |
| Forward P/E | 12.23 | 35.76 |
| EPS (TTM) | $5.98 | $-0.50 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | — | $983.62M |
| Revenue growth (YoY) | — | +7.85% |
| Net income (latest FY) | — | $-29.67M |
| Gross margin | — | 28.58% |
| Operating margin | — | 0.03% |
| Net margin | — | -3.02% |
| 52-week high | $142.00 | $128.45 |
| 52-week low | $77.77 | $65.04 |
| Distance from 52-week high | -39.73% | -37.91% |
| Analyst consensus | buy | none |
| Avg. price target upside | +51.39% | +45.08% |
| Average volume | 744.38K | 696.61K |
| Shares outstanding | 43.79M | 60.86M |
| Employees | 4,987 | 2,102 |
| Sector | Industrials | Technology |
| Industry | Electrical Products | Electrical Products |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MRCY has outperformed ITRI by 27.9 percentage points over the past year.
- The two companies sit in different sectors: Itron in Industrials and Mercury Systems in Technology.
About Itron
ITRI stock →Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution.
Industrials · Electrical Products · 4,987 employees
About Mercury Systems
MRCY stock →Mercury Systems, Inc., engages in the aerospace and defense electronics industry. The company manufactures and sells components, products, modules, and subsystems for defense prime contractors, original equipment manufacturers, government, and commercial aerospace companies.
Technology · Electrical Products · 2,102 employees
ITRI vs MRCY FAQ
Which is bigger, Itron or Mercury Systems?
Mercury Systems (MRCY) is larger, with a market capitalization of $4.85B compared with $3.75B for Itron (ITRI).
Which stock has performed better over the past year, ITRI or MRCY?
MRCY returned -4.46% over the past 12 months, compared with -32.37% for ITRI (price return, excluding dividends). Past performance does not predict future results.
Are Itron and Mercury Systems in the same industry?
Yes. Both are classified in the Electrical Products industry within the Industrials sector.