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Gartner IT Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin69%+1.2pp68.4%+0.7pp68.2%+0.4pp68%+0.2pp67.8%+0.1pp
Operating margin16.4%-1.9pp15.8%-2.7pp15.6%-2.9pp18.2%-0.6pp18.3%-0.1pp
Net margin11.4%-8.4pp11.2%-8.8pp13.7%-3.6pp19.7%+6.0pp19.8%+6.5pp
EBITDA margin19.4%-2.1pp18.9%-2.8pp18.8%-3.1pp21.4%-0.7pp21.6%-0.2pp
Free cash flow margin19.4%-4.4pp18.1%-4.0pp18.8%-1.8pp23.5%+7.0pp23.8%+5.8pp
Returns
Return on equity94.9%-18.3pp86.9%-36.1pp109.3%-21.2pp116.1%113.2%
Return on assets9.2%-6.3pp8.8%-6.5pp11.7%-2.4pp16.1%+4.9pp15.5%+4.9pp
Return on invested capital39.2%-9.0pp36.1%-12.4pp47.2%+9.5pp50.5%+14.7pp48.2%+15.5pp
Efficiency
Asset turnover0.8×0.0×0.8×0.0×0.9×0.0×0.8×0.0×0.8×0.0×
Liquidity
Current ratio0.9×-0.2×-0.1×0.9×-0.1×1.1×+0.2×1.1×+0.2×
Quick ratio0.9×-0.2×-0.1×0.9×-0.1×1.1×+0.2×1.1×+0.2×
Cash ratio0.4×-0.1×0.4×-0.1×0.4×-0.1×0.6×+0.3×0.6×+0.2×
Leverage
Debt-to-equity53×+51.1×10.5×+8.3×5.1×+2.3×1.9×-2.8×1.9×-2.3×
Debt-to-assets0.4×+0.1×0.4×+0.1×0.4×0.0×0.3×-0.1×0.3×-0.1×
Net debt / EBITDA1.3×+0.8×1.3×+0.6×1.2×+0.2×0.5×-0.9×0.6×-0.8×
Interest coverage-1.3×8.2×-0.6×8.7×-1.1×10×+0.5×9.3×+0.4×
Per Share
Book value per share$0.91-95.3%$4.23-75.6%$7.42-45.6%$19.81+140%$19.26+112%
Valuation
Market capitalization$11.16B-65.4%$18.18B-51.3%$19.91B-49.5%$30.82B-12.4%$32.24B-13.7%
Enterprise value$12.85B-61.1%$19.81B-48.3%$21.33B-47.6%$31.48B-14.8%$33.04B-15.6%
Price / earnings15.1×-10.6×24.9×-4.9×22.5×-14.6×24.4×-18.1×25.7×-21.1×
Price / sales1.7×-3.4×2.8×-3.2×3.1×-3.3×4.8×-1.0×5.1×-1.2×
Price / book176×+154×56.8×+29.3×35.8×-1.3×20.1×-34.3×21.5×-30.5×
EV / EBITDA10.2×-14.0×16.2×-12.1×17.6×-12.8×22.9×-4.7×24.2×-6.0×
EV / sales-3.2×-3.1×3.3×-3.3×4.9×-1.2×5.2×-1.3×
Free cash flow yield11.3%+6.6pp6.5%+2.8pp6.1%+2.9pp4.9%+2.0pp4.7%+1.8pp
Earnings yield6.6%+2.7pp4%+0.7pp4.4%+1.8pp4.1%+1.8pp3.9%+1.8pp

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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.