Itron (ITRI) vs Sanmina (SANM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Sanmina (SANM) has outperformed Itron (ITRI) over the past year, gaining 74.7% versus a loss of 32.4%. Over five years, SANM leads with a +455.2% price change compared with +14.1% for ITRI. Sanmina is the larger company by market cap ($11.76 billion vs $3.75 billion), about 3.1 times the size.
On valuation, Itron trades at a lower forward P/E (12.2x vs 15.8x for Sanmina). Itron converts more of its revenue into profit, with a net margin of 12.7% versus 3.0%.
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 | SANM |
|---|---|---|
| Share price | $85.58 | $219.41 |
| Market cap | $3.75B | $11.76B |
| 1-day change | -3.18% | -3.80% |
| YTD return | -7.84% | +46.21% |
| 1-year return | -32.37% | +74.66% |
| 5-year return | +14.12% | +455.19% |
| P/E ratio (TTM) | 14.76 | 39.25 |
| Forward P/E | 12.23 | 15.77 |
| EPS (TTM) | $5.80 | $5.59 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $2.37B | $8.13B |
| Revenue growth (YoY) | -3.02% | +7.40% |
| Net income (latest FY) | $301.06M | $245.89M |
| Gross margin | 37.69% | 8.81% |
| Operating margin | 13.23% | 4.36% |
| Net margin | 12.72% | 3.03% |
| 52-week high | $142.00 | $288.68 |
| 52-week low | $77.77 | $118.10 |
| Distance from 52-week high | -39.73% | -24.00% |
| Analyst consensus | buy | none |
| Avg. price target upside | +51.39% | +18.50% |
| Average volume | 747.09K | 682.55K |
| Shares outstanding | 43.79M | 53.60M |
| Employees | 4,987 | 35,000 |
| 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
- Sanmina is about 3.1 times larger than Itron by market value ($11.76B vs $3.75B).
- SANM has outperformed ITRI by 107.0 percentage points over the past year.
- Sanmina trades at a higher earnings multiple (39.3x vs 14.8x trailing P/E).
- Itron is more profitable, keeping 12.7 cents of every revenue dollar as net income versus 3.0 cents for Sanmina.
- Sanmina grew revenue faster in its latest fiscal year (+7.40% vs -3.02%).
- The two companies sit in different sectors: Itron in Industrials and Sanmina 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 Sanmina
SANM stock →Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two businesses: Integrated Manufacturing Solutions; and Components, Products and Services.
Technology · Electrical Products · 35,000 employees
ITRI vs SANM FAQ
Which is bigger, Itron or Sanmina?
Sanmina (SANM) is larger, with a market capitalization of $11.76B compared with $3.75B for Itron (ITRI).
Which stock has performed better over the past year, ITRI or SANM?
SANM returned +74.66% over the past 12 months, compared with -32.37% for ITRI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ITRI or SANM?
ITRI has the lower trailing P/E at 14.8, versus 39.3 for SANM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Itron and Sanmina in the same industry?
Yes. Both are classified in the Electrical Products industry within the Industrials sector.