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The principal moments of inertia about a specified point $O$ are the eigenvalues $I_1,I_2,I_3$ of the inertia tensor ${\mathbf{I}}_O$. Their associated unit vectors that are eigenvectors specify principal axes through $O$. The spectral theorem for real symmetric matrices guarantees an orthonormal basis of these eigenvectors, even for an irregular rigid body. Choose their signs to make a right-handed basis and collect them as the columns of an orthogonal matrix $Q$:Thus diagonalization removes the off-diagonal coupling in the rotational kinetic energy. The eigenvalues belong to the mass distribution and reference point, independently of which orthonormal basis initially describes them. ^[ref]

In this principal body frame, write angular velocity as $\mathbf{\omega }={\sum }_i{\omega }_i{\mathbf{e}}_i$. ThenUse these as total angular momentum and kinetic energy only under the reference-point conditions stated under inertia tensor. Along a single principal axis with $I_i>0$, angular momentum is parallel to angular velocity. For a mixture of directions with different principal moments of inertia, it generally is not. A principal axis need not be a geometric symmetry axis: it is selected by the complete mass distribution. A principal axis also need not give stable free rotation; for three distinct principal moments of inertia, the intermediate axis theorem supplies the stability distinction.

For any unit vector $\mathbf{n}={\sum }_i{n}_i{\mathbf{e}}_i$,The axial moment of inertia is a weighted average of the principal moments of inertia. At fixed angular speed, the least and greatest rotational kinetic energies occur in the corresponding eigenspaces. At fixed nonzero angular momentum magnitude $L$, instead, $K=\frac{1}{2}{\sum }_i{L}_i^2/I_i$, so the largest principal moment of inertia gives the smallest rotational kinetic energy. These comparisons hold the reference point fixed.

There is an additional physical restriction beyond positive semidefiniteness. In principal axes coordinates,with two analogous cyclic inequalities. Therefore three arbitrary positive numbers do not always represent a possible inertia tensor. For a distribution in the $xy$ plane through $O$, $I_3=I_1+I_2$, as in the planar inertia tensor of paired point masses. A uniform solid ellipsoid of mass $M$ and semiaxes $a,b,c$ supplies a continuous three-dimensional example: using its mass second-moment tensor, its central principal moments of inertia are $M(b^2+c^2)/5$, $M(a^2+c^2)/5$, $M(a^2+b^2)/5$. Setting $a=b=c=R$ recovers the moment of inertia of a uniform solid sphere.

For strictly positive principal moments of inertia and a fixed rotational kinetic energy $K_0>0$, the allowed angular velocity components form an ellipsoid:Its semiaxis lengths $s_i$ have units of angular speed. The longest semiaxis corresponds to the smallest principal moment of inertia: that direction permits the greatest angular speed for the same rotational kinetic energy. This is a surface in angular velocity space, not the physical outline of the body. If one principal moment of inertia vanishes in an ideal line-mass model, this constant-energy surface is unbounded in that direction and is no longer an ellipsoid.

The rotational energy ellipsoid gives the geometry behind Poinsot's ellipsoid, but a constant-energy surface alone does not determine a free-rotation trajectory. A torque-free trajectory must also satisfy the conserved angular momentum constraint and the Euler equations for a torque-free rigid body.