TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Dec 2024

Income Metrics

Revenue 1.7B
Gross Profit 1.1B 66.48%
Operating Income 317.8M 18.53%
Net Income 398.6M 23.24%
EPS (Diluted) $5.11

Balance Sheet Metrics

Total Assets 8.5B
Total Liabilities 7.2B
Shareholders Equity 1.4B
Debt to Equity 5.28

Cash Flow Metrics

Operating Cash Flow 40.2M
Free Cash Flow 311.4M

Revenue & Profitability Trend

Gartner Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i6.3B5.9B5.5B4.7B4.1B
Cost of Goods Sold i2.0B1.9B1.7B1.4B1.3B
Gross Profit i4.2B4.0B3.8B3.3B2.8B
Gross Margin % i67.7%67.8%69.1%69.5%67.2%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i2.9B2.7B2.5B2.2B2.0B
Other Operating Expenses i-----
Total Operating Expenses i2.9B2.7B2.5B2.2B2.0B
Operating Income i1.2B1.1B1.1B921.8M496.4M
Operating Margin % i18.5%18.8%20.3%19.5%12.1%
Non-Operating Items
Interest Income i61.6M38.5M4.9M1.9M2.1M
Interest Expense i131.0M132.8M126.2M118.5M115.6M
Other Non-Operating Income299.6M130.3M39.3M164.7M-56.8M
Pre-tax Income i1.4B1.1B1.0B969.9M326.1M
Income Tax i133.7M264.7M219.4M176.3M59.4M
Effective Tax Rate % i9.6%23.1%21.4%18.2%18.2%
Net Income i1.3B882.5M807.8M793.6M266.7M
Net Margin % i20.0%14.9%14.8%16.8%6.5%
Key Metrics
EBITDA i1.4B1.3B1.4B1.2B711.8M
EPS (Basic) i$16.12$11.17$10.08$9.33$2.99
EPS (Diluted) i$16.00$11.08$9.96$9.21$2.96
Basic Shares Outstanding i7778500079004000801780008502600089315000
Diluted Shares Outstanding i7778500079004000801780008502600089315000

Income Statement Trend

Gartner Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i1.9B1.3B698.0M756.5M712.6M
Short-term Investments i-----
Accounts Receivable i1.7B1.6B1.6B1.4B1.2B
Inventory i-----
Other Current Assets153.2M127.2M119.2M117.8M109.2M
Total Current Assets i4.2B3.4B2.8B2.6B2.3B
Non-Current Assets
Property, Plant & Equipment i257.4M366.8M436.6M548.3M647.3M
Goodwill i6.3B6.4B6.4B6.6B6.7B
Intangible Assets i409.7M502.0M584.7M714.4M807.0M
Long-term Investments-----
Other Non-Current Assets341.9M215.0M198.0M195.1M157.8M
Total Non-Current Assets i4.3B4.4B4.5B4.8B5.0B
Total Assets i8.5B7.8B7.3B7.4B7.3B
Liabilities
Current Liabilities
Accounts Payable i55.8M63.1M83.2M49.3M38.6M
Short-term Debt i100.3M108.1M107.5M95.7M104.5M
Current Portion of Long-term Debt-----
Other Current Liabilities--30.8M21.8M34.9M
Total Current Liabilities i4.0B3.8B3.6B3.4B2.9B
Non-Current Liabilities
Long-term Debt i2.8B3.0B3.1B3.2B2.7B
Deferred Tax Liabilities i48.7M86.6M139.5M181.8M173.2M
Other Non-Current Liabilities24.8M23.9M27.6M66.0M124.7M
Total Non-Current Liabilities i3.2B3.4B3.5B3.7B3.3B
Total Liabilities i7.2B7.2B7.1B7.0B6.2B
Equity
Common Stock i82.0K82.0K82.0K82.0K82.0K
Retained Earnings i6.0B4.7B3.9B3.0B2.3B
Treasury Stock i7.0B6.3B5.7B4.7B3.0B
Other Equity-----
Total Shareholders Equity i1.4B680.6M227.8M371.1M1.1B
Key Metrics
Total Debt i2.9B3.1B3.2B3.3B2.8B
Working Capital i227.5M-349.8M-811.5M-758.7M-624.4M

Balance Sheet Composition

Gartner Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i1.3B882.5M807.8M793.6M266.7M
Depreciation & Amortization i202.3M191.1M191.9M212.4M219.0M
Stock-Based Compensation i154.8M129.8M90.6M98.6M62.5M
Working Capital Changes i-41.6M97.0M-31.5M156.8M227.1M
Operating Cash Flow i1.4B1.2B1.0B1.2B730.6M
Investing Activities
Capital Expenditures i-101.7M-103.1M-108.0M-59.8M-83.9M
Acquisitions i-2.0M157.3M-9.5M-22.9M0
Investment Purchases i-----
Investment Sales i---00
Investing Cash Flow i-103.7M54.2M-117.6M-80.5M-83.9M
Financing Activities
Share Repurchases i-735.4M-606.2M-1.0B-1.7B-176.3M
Dividends Paid i-----
Debt Issuance i274.4M00600.0M2.3B
Debt Repayment i-274.4M-7.8M-5.9M-112.9M-2.6B
Financing Cash Flow i-738.3M-614.0M-1.0B-1.2B-102.3M
Free Cash Flow i1.4B1.1B993.4M1.3B819.4M
Net Change in Cash i569.6M681.1M-134.5M-32.3M544.4M

Cash Flow Trend

Gartner Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 25.78
Forward P/E 31.35
Price to Book 21.36
Price to Sales 5.03
PEG Ratio 31.35

Profitability Ratios

Profit Margin 19.82%
Operating Margin 18.12%
Return on Equity 113.19%
Return on Assets 9.03%

Financial Health

Current Ratio 1.09
Debt to Equity 192.54
Beta 1.23

Per Share Data

EPS (TTM) $16.04
Book Value per Share $19.36
Revenue per Share $81.62

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
it31.8B25.7821.36113.19%19.82%192.54
International 224.8B38.928.1722.67%9.11%245.47
Accenture plc 159.4B20.345.2226.93%11.61%25.88
Fiserv 74.5B22.922.9612.46%16.00%115.31
Fidelity National 36.2B277.322.561.03%1.09%91.53
Cognizant Technology 34.3B14.232.2416.69%11.89%7.70

Financial data is updated regularly. All figures are in the company's reporting currency.