IT
Gartner, Inc. (IT)
Last Price$491.1(1.4%)
Market Cap$38.6B
$6,267.4M
+6.1% YoY
$1,253.7M
+42.1% YoY
$966.9M
Net Debt to FCF - 0.7x
$1,383.2M
22.1% margin

IT Income Statement

IT Income Statement Overview

Annual
Quarterly
LTM
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
$6,267.4M 6.1% YoY
$6,267.4M 56.5% YoY
100.0% margin
Operating income
$1,156.3M (6.5%) YoY
18.4% margin
Other: $300.6M
Net interest: $69.5M
Operating expenses
$4,907.8M 77.4% YoY
Pre-tax income
$1,387.4M 20.9% YoY
22.1% margin
Net income
$1,253.7M 42.1% YoY
20.0% margin
Income tax
$133.7M
9.6% tax rate
R&D
$2,023.0M 4,132.3% YoY
32.3% of revenue
SG&A
$2,884.8M 6.8% YoY
46.0% of revenue

IT Income statement key metrics

Annual
Quarterly
LTM

Revenue

$6,267.4M +6.1% YoY

Operating Income

$1,156.3M -6.5% YoY

Net Income

$1,253.7M +42.1% YoY

IT Balance Sheet

IT Balance Sheet Overview

Annual
Quarterly
LTM
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
Assets
Liabilities
Total assets
$8,534.7M
Current assets ($4,196.5M, 49.2% of total)
$1,933.1M (22.7%)
$1,696.2M (19.9%)
Other current assets
$567.2M (6.6%)
Non-current assets ($4,338.1M, 50.8% of total)
$409.7M (4.8%)
Other non-current assets
$3,428.1M (40.2%)
Financial position
($1,593.4M)
$1,933.1M$339.8M
Cash & Short-term Investments
Total Debt

IT Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$8,534.7M +8.9% YoY

Liabilities

$7,175.5M +0.3% YoY

Shareholder's Equity

$1,359.2M +99.7% YoY

IT Cash Flow Statement

IT Cash Flow Statement Overview

Annual
Quarterly
LTM
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$1,319.6M$1,484.9M($103.7M)($710.1M)($57.5M)$1,933.1M

IT Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$1,484.9M +28.5% YoY

Capital Expenditure (CAPEX)

($101.7M) -1.3% YoY

Free Cash Flow (FCF)

$1,383.2M +31.4% YoY

IT Financials

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24
% growth
989.0
10.6%
1,060.3
7.2%
1,189.2
12.2%
1,279.1
7.6%
1,139.8
(10.9%)
1,288.5
13.0%
1,468.6
14.0%
1,615.8
10.0%
1,784.2
10.4%
2,021.4
13.3%
2,163.1
7.0%
2,444.5
13.0%
3,311.5
35.5%
3,975.5
20.1%
4,245.3
6.8%
4,099.4
(3.4%)
4,733.9
15.5%
5,475.8
15.7%
5,907.0
7.9%
6,267.4
6.1%
Cost of Goods Sold (COGS)486.6505.3545.3554.8498.4552.2608.8659.1713.5797.9839.1945.61,320.21,468.81,550.61,345.11,444.11,693.81,903.20.0
% margin
502.4
50.8%
555.0
52.3%
643.9
54.1%
724.2
56.6%
641.4
56.3%
736.2
57.1%
859.8
58.5%
956.7
59.2%
1,070.7
60.0%
1,223.5
60.5%
1,324.0
61.2%
1,498.9
61.3%
1,991.3
60.1%
2,506.7
63.1%
2,694.8
63.5%
2,754.3
67.2%
3,289.8
69.5%
3,782.0
69.1%
4,003.7
67.8%
6,267.4
100.0%
Operating Expenses477.1451.7510.8559.9504.0579.0645.8708.6794.9915.51,009.81,151.21,839.22,139.72,315.22,258.02,368.12,672.82,766.84,907.8
Research & Development Expenses (R&D)486.6505.3545.3554.8498.4552.2608.8659.1713.5797.9839.1945.61,320.21,468.81,550.61,345.01,444.11,693.847.82,023.0
Selling, General & Administrative Expenses (SG&A)397.3416.1475.3532.4477.0543.2613.7678.8760.5876.1962.71,089.21,599.01,884.12,103.42,039.12,155.72,480.82,701.52,884.8
25.3
2.6%
103.3
9.7%
133.1
11.2%
164.4
12.9%
134.5
11.8%
149.3
11.6%
214.1
14.6%
245.7
15.2%
275.5
15.4%
286.2
14.2%
288.0
13.3%
305.1
12.5%
(6.3)
(0.2%)
259.7
6.5%
370.1
8.7%
490.1
12.0%
915.7
19.3%
1,100.1
20.1%
1,236.9
20.9%
1,156.3
18.4%
Interest Income2.12.52.93.10.81.21.21.01.61.41.82.43.02.63.02.11.94.938.561.6
Interest Expense19.817.419.019.316.016.811.28.98.810.920.825.1124.9126.8102.8113.6116.6121.3132.8131.0
Pre-tax Income5.485.9114.2144.7115.5134.1202.2235.6266.4274.7272.2288.4(127.8)181.1275.7326.1969.91,027.21,147.11,387.4
% effective tax rate
7.9
144.8%
27.7
32.2%
40.6
35.6%
47.6
32.9%
32.6
28.2%
37.8
28.2%
65.3
32.3%
69.7
29.6%
83.6
31.4%
90.9
33.1%
96.6
35.5%
94.8
32.9%
(131.1)
102.6%
58.7
32.4%
42.4
15.4%
59.3
18.2%
176.3
18.2%
219.4
21.4%
264.7
23.1%
133.7
9.6%
% margin
(2.4)
(0.2%)
58.2
5.5%
73.6
6.2%
103.9
8.1%
83.0
7.3%
96.3
7.5%
136.9
9.3%
165.9
10.3%
182.8
10.2%
183.8
9.1%
175.6
8.1%
193.6
7.9%
3.3
0.1%
122.5
3.1%
233.3
5.5%
266.7
6.5%
793.6
16.8%
807.8
14.8%
882.5
14.9%
1,253.7
20.0%
EPS(0.02)0.510.711.090.881.011.431.781.972.062.092.340.041.352.602.999.3310.0811.1716.12
Diluted EPS(0.02)0.500.681.050.850.961.391.731.932.032.062.310.041.332.562.969.219.9611.0816.00
% margin
25.3
2.6%
103.3
9.7%
165.6
13.9%
194.6
15.2%
159.4
14.0%
176.0
13.7%
241.4
16.4%
271.7
16.8%
307.3
17.2%
347.4
17.2%
328.4
15.2%
365.8
15.0%
227.0
6.9%
564.0
14.2%
677.7
16.0%
765.7
18.7%
1,346.9
28.5%
1,345.3
24.6%
1,471.0
24.9%
1,720.7
27.5%