Gartner IT Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 68.4%+0.7pp | 67.7%-0.1pp | 67.8%-1.3pp | 69.1%-0.4pp | |
| Operating margin | 15.8%-2.7pp | 18.4%-2.5pp | 20.9%+0.8pp | 20.1%+0.7pp | |
| Net margin | 11.2%-8.8pp | 20%+5.1pp | 14.9%+0.2pp | 14.8%-2.0pp | |
| EBITDA margin | 18.9%-2.8pp | 21.7%-2.5pp | 24.2%+0.6pp | 23.6%-0.2pp | |
| Free cash flow margin | 18.1%-4.0pp | 22.1%+4.2pp | 17.8%-0.3pp | 18.1%-8.3pp | |
| Returns | |||||
| Return on equity | 86.9%-36.1pp | 122.9%-71.4pp | 194.3%-75.5pp | 269.8%+161pp | |
| Return on assets | 8.8%-6.5pp | 15.3%+3.7pp | 11.7%+0.7pp | 11%+0.2pp | |
| Return on invested capital | 36.1%-12.4pp | 48.5%+11.5pp | 37.1%+5.9pp | 31.1%+1.1pp | |
| Efficiency | |||||
| Asset turnover | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | 0.7×+0.1× | |
| Liquidity | |||||
| Current ratio | 1×-0.1× | 1.1×+0.1× | 0.9×+0.1× | 0.8×0.0× | |
| Quick ratio | 1×-0.1× | 1.1×+0.1× | 0.9×+0.1× | 0.8×0.0× | |
| Cash ratio | 0.4×-0.1× | 0.5×+0.1× | 0.3×+0.2× | 0.2×0.0× | |
| Leverage | |||||
| Debt-to-equity | 10.5×+8.3× | 2.1×-2.4× | 4.5×-9.4× | 13.9×+5.1× | |
| Debt-to-assets | 0.4×+0.1× | 0.3×-0.1× | 0.4×0.0× | 0.4×0.0× | |
| Net debt / EBITDA | 1.3×+0.6× | 0.7×-0.5× | 1.2×-0.7× | 1.9×-0.3× | |
| Interest coverage | 8.2×-0.6× | 8.8×-0.5× | 9.3×+0.6× | 8.7×+1.0× | |
| Per Share | |||||
| Book value per share | $4.23-75.6% | $17.35+103% | $8.54+204% | $2.81-34.7% | |
| Valuation | |||||
| Market capitalization | $18.18B-51.3% | $37.37B+5.7% | $35.37B+33.1% | $26.56B-3.4% | |
| Enterprise value | $19.81B-48.3% | $38.34B+3.3% | $37.13B+27.9% | $29.03B-3.2% | |
| Price / earnings | 24.9×-4.9× | 29.8×-10.3× | 40.1×+7.2× | 32.9×-1.8× | |
| Price / sales | 2.8×-3.2× | 6×0.0× | 6×+1.1× | 4.9×-1.0× | |
| Price / book | 56.8×+29.3× | 27.5×-24.5× | 52×-64.6× | 116.6×+42.5× | |
| EV / EBITDA | 16.2×-12.1× | 28.2×+2.2× | 26×+3.5× | 22.5×-4.1× | |
| EV / sales | 3×-3.1× | 6.1×-0.2× | 6.3×+1.0× | 5.3×-1.0× | |
| Free cash flow yield | 6.5%+2.8pp | 3.7%+0.7pp | 3%-0.8pp | 3.7%-0.8pp | |
| Earnings yield | 4%+0.7pp | 3.4%+0.9pp | 2.5%-0.5pp | 3%+0.2pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Gartner's profit margins?
- Gartner (IT) runs a 69.0% gross margin and a 16.4% operating margin, with a 11.4% net margin.
- Where do Gartner's ratios come from?
- Every ratio is computed from Gartner's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
