30 years of historical data (1996–2025) · Technology · Information Technology Services
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Gartner, Inc. trades at 13.2x earnings, 60% below its 5-year average of 33.4x, sitting at the 0th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a discount of 54%. On a free-cash-flow basis, the stock trades at 7.3x P/FCF, 72% below the 5-year average of 25.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $8.5B | $18.2B | $38.0B | $35.9B | $27.2B | $28.8B | $14.4B | $14.0B | $11.8B | $11.1B | $8.5B |
| Enterprise Value | $10.4B | $20.1B | $38.9B | $37.7B | $29.7B | $31.3B | $16.6B | $16.8B | $13.9B | $13.8B | $8.7B |
| P/E Ratio → | 13.21 | 26.14 | 30.28 | 40.71 | 33.75 | 36.30 | 54.12 | 60.20 | 96.12 | 3078.75 | 43.75 |
| P/S Ratio | 1.31 | 2.80 | 6.06 | 6.09 | 4.98 | 6.09 | 3.52 | 3.30 | 2.96 | 3.34 | 3.47 |
| P/B Ratio | 28.73 | 56.86 | 27.92 | 52.81 | 119.62 | 77.64 | 13.22 | 14.94 | 13.84 | 11.24 | 139.16 |
| P/FCF | 7.26 | 15.48 | 27.44 | 34.15 | 27.43 | 23.00 | 17.60 | 33.66 | 34.21 | 76.92 | 26.83 |
| P/OCF | 6.61 | 14.10 | 25.56 | 31.10 | 24.74 | 21.95 | 15.96 | 24.79 | 25.00 | 43.45 | 23.17 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Gartner, Inc.'s enterprise value stands at 8.5x EBITDA, 65% below its 5-year average of 24.4x. The Technology sector median is 16.7x, placing the stock at a 49% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.09 | 6.21 | 6.38 | 5.43 | 6.61 | 4.04 | 3.96 | 3.50 | 4.17 | 3.56 |
| EV / EBITDA | 8.51 | 16.38 | 28.65 | 26.40 | 22.99 | 27.74 | 23.34 | 28.92 | 26.97 | 59.00 | 23.68 |
| EV / EBIT | 10.17 | 19.53 | 25.63 | 29.45 | 25.76 | 28.76 | 37.46 | 44.46 | 45.14 | 106135.20 | 27.51 |
| EV / FCF | — | 17.09 | 28.14 | 35.81 | 29.91 | 24.99 | 20.20 | 40.42 | 40.37 | 95.98 | 27.53 |
Margins and return-on-capital ratios measuring operating efficiency
Gartner, Inc. earns an operating margin of 15.8%. Operating margins have compressed from 20.9% to 15.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. Return on equity of 86.9% is exceptionally high. ROIC of 33.9% represents excellent returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 67.7% | 67.7% | 67.7% | 67.8% | 69.1% | 69.5% | 67.2% | 63.5% | 63.1% | 60.1% | 61.3% |
| Operating Margin | 15.8% | 15.8% | 18.4% | 20.9% | 20.1% | 19.3% | 12.0% | 8.7% | 6.5% | -0.2% | 12.5% |
| Net Profit Margin | 11.2% | 11.2% | 20.0% | 14.9% | 14.8% | 16.8% | 6.5% | 5.5% | 3.1% | 0.1% | 7.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 86.9% | 86.9% | 122.9% | 194.3% | 269.8% | 108.6% | 26.3% | 26.1% | 13.4% | 0.6% | 318.0% |
| ROA | 8.8% | 8.8% | 15.3% | 11.7% | 11.0% | 10.8% | 3.7% | 3.5% | 1.8% | 0.1% | 8.5% |
| ROIC | 33.9% | 33.9% | 36.5% | 36.2% | 29.7% | 22.6% | 10.5% | 8.3% | 5.8% | -0.2% | 77.0% |
| ROCE | 23.9% | 23.9% | 26.8% | 31.9% | 28.4% | 21.8% | 11.3% | 9.4% | 6.5% | -0.2% | 34.7% |
Solvency and debt-coverage ratios — lower is generally safer
Gartner, Inc. carries a Debt/EBITDA ratio of 3.0x, which is moderately leveraged (roughly in line with the sector average of 2.9x). Net debt stands at $1.9B ($3.6B total debt minus $1.7B cash). Interest coverage of 9.2x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 11.31 | 11.31 | 2.13 | 4.51 | 13.86 | 8.76 | 2.61 | 3.29 | 2.68 | 3.33 | 11.41 |
| Debt / EBITDA | 2.95 | 2.95 | 2.13 | 2.15 | 2.44 | 2.88 | 4.01 | 5.32 | 4.43 | 14.02 | 1.89 |
| Net Debt / Equity | — | 5.93 | 0.71 | 2.57 | 10.80 | 6.71 | 1.95 | 3.00 | 2.50 | 2.79 | 3.62 |
| Net Debt / EBITDA | 1.55 | 1.55 | 0.71 | 1.23 | 1.90 | 2.21 | 3.00 | 4.83 | 4.12 | 11.72 | 0.60 |
| Debt / FCF | — | 1.61 | 0.70 | 1.66 | 2.48 | 1.99 | 2.60 | 6.75 | 6.17 | 19.06 | 0.70 |
| Interest Coverage | 9.18 | 9.18 | 11.59 | 9.64 | 9.14 | 9.18 | 3.82 | 3.68 | 2.43 | 0.00 | 11.46 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 1.00x is below 1.0, meaning current liabilities exceed current assets — though the company's $1.7B cash position helps mitigate short-term liquidity concerns. The current ratio has improved from 0.91x to 1.00x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.00 | 1.00 | 1.06 | 0.91 | 0.77 | 0.78 | 0.79 | 0.71 | 0.69 | 0.92 | 0.92 |
| Quick Ratio | 1.00 | 1.00 | 1.06 | 0.91 | 0.77 | 0.78 | 0.79 | 0.71 | 0.69 | 0.92 | 0.92 |
| Cash Ratio | 0.42 | 0.42 | 0.49 | 0.35 | 0.19 | 0.22 | 0.24 | 0.10 | 0.06 | 0.19 | 0.32 |
| Asset Turnover | — | 0.80 | 0.73 | 0.75 | 0.75 | 0.64 | 0.56 | 0.59 | 0.64 | 0.45 | 1.03 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 94.63 | 98.78 | 98.94 | 103.77 | 105.26 | 110.54 | 114.01 | 115.24 | 129.71 | 96.01 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Gartner, Inc. returns 23.3% to shareholders annually primarily through share buybacks. The earnings yield of 7.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.6% | 3.8% | 3.3% | 2.5% | 3.0% | 2.8% | 1.8% | 1.7% | 1.0% | 0.0% | 2.3% |
| FCF Yield | 13.8% | 6.5% | 3.6% | 2.9% | 3.6% | 4.3% | 5.7% | 3.0% | 2.9% | 1.3% | 3.7% |
| Buyback Yield | 23.3% | 10.9% | 1.9% | 1.7% | 3.8% | 5.7% | 1.2% | 1.4% | 2.2% | 0.4% | 0.7% |
| Total Shareholder Yield | 23.3% | 10.9% | 1.9% | 1.7% | 3.8% | 5.7% | 1.2% | 1.4% | 2.2% | 0.4% | 0.7% |
| Shares Outstanding | — | $72M | $78M | $80M | $81M | $86M | $90M | $91M | $92M | $90M | $84M |
Compare IT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $9B | 13.2 | 8.5 | 7.3 | 67.7% | 15.8% | 86.9% | 33.9% | 3.0 | |
| $128M | -1.1 | 8.2 | 7.1 | 53.3% | 0.5% | -67.0% | 0.8% | 4.3 | |
| $122B | 28.0 | 17.5 | 22.3 | 70.2% | 42.2% | 12.1% | 9.7% | 1.9 | |
| $80B | 33.0 | 21.6 | 31.0 | 68.2% | 44.8% | 62.0% | 22.5% | 1.9 | |
| $42B | 37.4 | 24.9 | 27.3 | 82.4% | 54.7% | — | 34.9% | 3.3 | |
| $8B | 14.2 | 10.1 | 13.3 | 52.7% | 32.2% | 29.1% | 15.5% | 1.7 | |
| $34B | 23.1 | 12.3 | 16.7 | 75.8% | 26.6% | 12.6% | 11.2% | 0.7 | |
| $23B | 26.8 | 15.3 | 19.1 | 67.3% | 44.6% | 437.9% | 33.0% | 3.0 | |
| $13B | 1814.5 | 71.6 | 311.4 | 75.2% | -2.2% | 0.1% | -0.9% | 6.7 | |
| $5B | 13.9 | 13.6 | 10.0 | 69.9% | 42.8% | 20.8% | 15.6% | 1.1 | |
| $80B | 10.7 | 6.1 | 7.4 | 31.9% | 14.7% | 25.0% | 26.8% | 0.6 | |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying IT stock.
Gartner, Inc.'s current P/E ratio is 13.2x. The historical average is 45.1x.
Gartner, Inc.'s current EV/EBITDA is 8.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 20.8x.
Gartner, Inc.'s return on equity (ROE) is 86.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 69.3%.
Based on historical data, Gartner, Inc. is trading at a P/E of 13.2x. Compare with industry peers and growth rates for a complete picture.
Gartner, Inc. has 67.7% gross margin and 15.8% operating margin. Operating margin between 10-20% is typical for established companies.
Gartner, Inc.'s Debt/EBITDA ratio is 3.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.