
Gartner (IT) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Dec 2024Income 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
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 6.3B | 5.9B | 5.5B | 4.7B | 4.1B |
Cost of Goods Sold | 2.0B | 1.9B | 1.7B | 1.4B | 1.3B |
Gross Profit | 4.2B | 4.0B | 3.8B | 3.3B | 2.8B |
Gross Margin % | 67.7% | 67.8% | 69.1% | 69.5% | 67.2% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 2.9B | 2.7B | 2.5B | 2.2B | 2.0B |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 2.9B | 2.7B | 2.5B | 2.2B | 2.0B |
Operating Income | 1.2B | 1.1B | 1.1B | 921.8M | 496.4M |
Operating Margin % | 18.5% | 18.8% | 20.3% | 19.5% | 12.1% |
Non-Operating Items | |||||
Interest Income | 61.6M | 38.5M | 4.9M | 1.9M | 2.1M |
Interest Expense | 131.0M | 132.8M | 126.2M | 118.5M | 115.6M |
Other Non-Operating Income | 299.6M | 130.3M | 39.3M | 164.7M | -56.8M |
Pre-tax Income | 1.4B | 1.1B | 1.0B | 969.9M | 326.1M |
Income Tax | 133.7M | 264.7M | 219.4M | 176.3M | 59.4M |
Effective Tax Rate % | 9.6% | 23.1% | 21.4% | 18.2% | 18.2% |
Net Income | 1.3B | 882.5M | 807.8M | 793.6M | 266.7M |
Net Margin % | 20.0% | 14.9% | 14.8% | 16.8% | 6.5% |
Key Metrics | |||||
EBITDA | 1.4B | 1.3B | 1.4B | 1.2B | 711.8M |
EPS (Basic) | $16.12 | $11.17 | $10.08 | $9.33 | $2.99 |
EPS (Diluted) | $16.00 | $11.08 | $9.96 | $9.21 | $2.96 |
Basic Shares Outstanding | 77785000 | 79004000 | 80178000 | 85026000 | 89315000 |
Diluted Shares Outstanding | 77785000 | 79004000 | 80178000 | 85026000 | 89315000 |
Income Statement Trend
Gartner Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 1.9B | 1.3B | 698.0M | 756.5M | 712.6M |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | 1.7B | 1.6B | 1.6B | 1.4B | 1.2B |
Inventory | - | - | - | - | - |
Other Current Assets | 153.2M | 127.2M | 119.2M | 117.8M | 109.2M |
Total Current Assets | 4.2B | 3.4B | 2.8B | 2.6B | 2.3B |
Non-Current Assets | |||||
Property, Plant & Equipment | 257.4M | 366.8M | 436.6M | 548.3M | 647.3M |
Goodwill | 6.3B | 6.4B | 6.4B | 6.6B | 6.7B |
Intangible Assets | 409.7M | 502.0M | 584.7M | 714.4M | 807.0M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 341.9M | 215.0M | 198.0M | 195.1M | 157.8M |
Total Non-Current Assets | 4.3B | 4.4B | 4.5B | 4.8B | 5.0B |
Total Assets | 8.5B | 7.8B | 7.3B | 7.4B | 7.3B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 55.8M | 63.1M | 83.2M | 49.3M | 38.6M |
Short-term Debt | 100.3M | 108.1M | 107.5M | 95.7M | 104.5M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | 30.8M | 21.8M | 34.9M |
Total Current Liabilities | 4.0B | 3.8B | 3.6B | 3.4B | 2.9B |
Non-Current Liabilities | |||||
Long-term Debt | 2.8B | 3.0B | 3.1B | 3.2B | 2.7B |
Deferred Tax Liabilities | 48.7M | 86.6M | 139.5M | 181.8M | 173.2M |
Other Non-Current Liabilities | 24.8M | 23.9M | 27.6M | 66.0M | 124.7M |
Total Non-Current Liabilities | 3.2B | 3.4B | 3.5B | 3.7B | 3.3B |
Total Liabilities | 7.2B | 7.2B | 7.1B | 7.0B | 6.2B |
Equity | |||||
Common Stock | 82.0K | 82.0K | 82.0K | 82.0K | 82.0K |
Retained Earnings | 6.0B | 4.7B | 3.9B | 3.0B | 2.3B |
Treasury Stock | 7.0B | 6.3B | 5.7B | 4.7B | 3.0B |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 1.4B | 680.6M | 227.8M | 371.1M | 1.1B |
Key Metrics | |||||
Total Debt | 2.9B | 3.1B | 3.2B | 3.3B | 2.8B |
Working Capital | 227.5M | -349.8M | -811.5M | -758.7M | -624.4M |
Balance Sheet Composition
Gartner Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 1.3B | 882.5M | 807.8M | 793.6M | 266.7M |
Depreciation & Amortization | 202.3M | 191.1M | 191.9M | 212.4M | 219.0M |
Stock-Based Compensation | 154.8M | 129.8M | 90.6M | 98.6M | 62.5M |
Working Capital Changes | -41.6M | 97.0M | -31.5M | 156.8M | 227.1M |
Operating Cash Flow | 1.4B | 1.2B | 1.0B | 1.2B | 730.6M |
Investing Activities | |||||
Capital Expenditures | -101.7M | -103.1M | -108.0M | -59.8M | -83.9M |
Acquisitions | -2.0M | 157.3M | -9.5M | -22.9M | 0 |
Investment Purchases | - | - | - | - | - |
Investment Sales | - | - | - | 0 | 0 |
Investing Cash Flow | -103.7M | 54.2M | -117.6M | -80.5M | -83.9M |
Financing Activities | |||||
Share Repurchases | -735.4M | -606.2M | -1.0B | -1.7B | -176.3M |
Dividends Paid | - | - | - | - | - |
Debt Issuance | 274.4M | 0 | 0 | 600.0M | 2.3B |
Debt Repayment | -274.4M | -7.8M | -5.9M | -112.9M | -2.6B |
Financing Cash Flow | -738.3M | -614.0M | -1.0B | -1.2B | -102.3M |
Free Cash Flow | 1.4B | 1.1B | 993.4M | 1.3B | 819.4M |
Net Change in Cash | 569.6M | 681.1M | -134.5M | -32.3M | 544.4M |
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
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
it | 31.8B | 25.78 | 21.36 | 113.19% | 19.82% | 192.54 |
International | 224.8B | 38.92 | 8.17 | 22.67% | 9.11% | 245.47 |
Accenture plc | 159.4B | 20.34 | 5.22 | 26.93% | 11.61% | 25.88 |
Fiserv | 74.5B | 22.92 | 2.96 | 12.46% | 16.00% | 115.31 |
Fidelity National | 36.2B | 277.32 | 2.56 | 1.03% | 1.09% | 91.53 |
Cognizant Technology | 34.3B | 14.23 | 2.24 | 16.69% | 11.89% | 7.70 |
Financial data is updated regularly. All figures are in the company's reporting currency.