Cash flow Gartner, Inc.

Equities

IT

US3666511072

IT Services & Consulting

Market Closed - Nyse Other stock markets 21:00:02 12/02/2026 GMT			5-day change	1st Jan Change
153.63 ^USD	-4.89%		+1.05%	-39.10%

02-09	US software stocks tumble sparks concerns that AI trade is reshaping markets	RE
02-06	S&P 500 Posts Slight Weekly Drop Amid Mixed Earnings	MT

a6f293ac2bf55b9d04a1b9c6.t9uJjK8rNPG8apZsThspow6JmMfKHAVF-M7YQwamp6M.waHBwexOR4jVB-wkKVlDzXfZqqyhdW4ckLeRADXCxsf6qfDCgmZlg9Vd-Q

Published financial data: GARTNER, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	4.1B	4.73B	5.48B	5.91B	6.27B
Other Revenues, Total	-	-	-	-	-
Total Revenues	4.1B	4.73B	5.48B	5.91B	6.27B
Cost of Goods Sold, Total	1.35B	1.44B	1.69B	1.9B	2.02B
Gross Profit	2.75B	3.29B	3.78B	4B	4.24B
Selling General & Admin Expenses, Total	2.04B	2.11B	2.43B	2.68B	2.88B
Depreciation & Amortization - (IS)	93.92M	103M	93.41M	98.64M	112M
Amortization of Goodwill and Intangible Assets - (IS)	125M	110M	98.54M	92.46M	90.23M
Other Operating Expenses, Total	2.26B	2.32B	2.62B	2.87B	3.08B
Operating Income	496M	970M	1.16B	1.13B	1.17B
Interest Expense, Total	-116M	-98.31M	-73.9M	-129M	-127M
Interest And Investment Income	2.09M	1.89M	4.88M	38.53M	61.56M
Net Interest Expenses	-114M	-96.42M	-69.02M	-90.35M	-65.59M
Currency Exchange Gains (Loss)	-1.6M	-5.1M	-6.3M	-4.1M	-4.4M
Other Non Operating Income (Expenses)	-3.36M	4.45M	3.43M	2.18M	2.64M
EBT, Excl. Unusual Items	377M	873M	1.09B	1.04B	1.1B
Merger & Related Restructuring Charges	-6.28M	-6.06M	-9.08M	-9.59M	-973K
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	135M	-
Asset Writedown	-	-49.54M	-53.97M	-20.37M	-10.91M
Insurance Settlements	-	152M	-	3.08M	300M
Other Unusual Items	-44.81M	-	-	-	-
EBT, Incl. Unusual Items	326M	970M	1.03B	1.15B	1.39B
Income Tax Expense	59.39M	176M	219M	265M	134M
Earnings From Continuing Operations	267M	794M	808M	882M	1.25B
Net Income to Company	267M	794M	808M	882M	1.25B
Net Income - (IS)	267M	794M	808M	882M	1.25B
Net Income to Common Incl Extra Items	267M	794M	808M	882M	1.25B
Net Income to Common Excl. Extra Items	267M	794M	808M	882M	1.25B
Per Share Items
Net EPS - Basic	2.99	9.33	10.08	11.17	16.12
Basic EPS - Continuing Operations	2.99	9.33	10.08	11.17	16.12
Basic Weighted Average Shares Outstanding	89.32M	85.03M	80.18M	79M	77.78M
Net EPS - Diluted	2.96	9.21	9.96	11.08	16
Diluted EPS - Continuing Operations	2.96	9.21	9.96	11.08	16
Diluted Weighted Average Shares Outstanding	90.02M	86.18M	81.07M	79.68M	78.34M
Normalized Basic EPS	2.64	6.42	8.5	8.22	8.83
Normalized Diluted EPS	2.62	6.33	8.41	8.15	8.77
Supplemental Items
EBITDA	686M	1.15B	1.31B	1.27B	1.31B
EBITA	621M	1.08B	1.26B	1.22B	1.26B
EBIT	496M	970M	1.16B	1.13B	1.17B
EBITDAR	805M	1.25B	1.4B	1.36B	1.39B
Total Revenues (As Reported)	4.1B	4.73B	5.48B	5.91B	6.27B
Effective Tax Rate - (Ratio)	18.21	18.18	21.36	23.07	9.63
Current Domestic Taxes	30.84M	153M	171M	223M	209M
Current Foreign Taxes	62.99M	64.84M	91.6M	107M	88.32M
Total Current Taxes	93.83M	218M	262M	331M	298M
Deferred Domestic Taxes	-20.33M	-1.48M	-31.44M	-48.93M	-30.74M
Deferred Foreign Taxes	-22.67M	-33.39M	-4.23M	-12.84M	-128M
Total Deferred Taxes	-43M	-34.87M	-35.68M	-61.78M	-159M
Normalized Net Income	236M	546M	681M	649M	687M
Interest on Long-Term Debt	116M	119M	126M	133M	131M
Non-Cash Pension Expense	699K	1.12M	1.02M	574K	1.57M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	28.9M	34.6M	39.6M	47.8M	60.1M
Net Rental Expense, Total	119M	106M	86.26M	81.82M	77.2M
Imputed Operating Lease Interest Expense	36.15M	26.53M	15.78M	27.09M	26.3M
Imputed Operating Lease Depreciation	83.22M	78.99M	70.48M	54.74M	50.89M
Stock-Based Comp., COGS (Total)	29.7M	35M	32.7M	53.3M	61.8M
Stock-Based Comp., SG&A Exp. (Total)	32.9M	63.6M	57.9M	76.5M	93M
Stock-Based Comp., Other (Total)	-	-	-	41K	-
Total Stock-Based Compensation	62.6M	98.6M	90.6M	130M	155M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	713M	756M	698M	1.32B	1.93B
Trading Asset Securities, Total	-	-	6.35M	5.96M	3.1M
Total Cash And Short Term Investments	713M	756M	704M	1.32B	1.94B
Accounts Receivable, Total	1.26B	1.39B	1.58B	1.63B	1.73B
Total Receivables	1.26B	1.39B	1.58B	1.63B	1.73B
Prepaid Expenses	78.77M	93.68M	91.05M	91.65M	119M
Restricted Cash	-	4.11M	-	600K	-
Other Current Assets, Total	276M	381M	413M	381M	414M
Total Current Assets	2.32B	2.62B	2.79B	3.43B	4.2B
Gross Property Plant And Equipment	1.32B	1.2B	1.01B	984M	906M
Accumulated Depreciation	-340M	-381M	-304M	-354M	-406M
Net Property Plant And Equipment	984M	822M	701M	630M	500M
Long-term Investments	-	-	3.95M	-	-
Goodwill	2.95B	2.95B	2.93B	2.94B	2.93B
Other Intangibles, Total	807M	714M	585M	502M	410M
Deferred Tax Assets Long-Term	104M	140M	138M	145M	263M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	153M	169M	155M	195M	235M
Total Assets	7.32B	7.42B	7.3B	7.84B	8.53B
Liabilities
Accounts Payable, Total	38.59M	49.28M	83.22M	63.14M	55.79M
Accrued Expenses, Total	765M	955M	856M	894M	1.01B
Current Portion of Long-Term Debt	55.4M	27.73M	7.8M	9.6M	-
Current Portion of Leases	84M	89.75M	99.72M	98.49M	100M
Current Income Taxes Payable	29.55M	18.72M	76.38M	72.18M	38.69M
Unearned Revenue Current, Total	1.97B	2.24B	2.44B	2.64B	2.76B
Other Current Liabilities	-	91K	30.84M	-	-
Total Current Liabilities	2.95B	3.38B	3.6B	3.78B	3.97B
Long-Term Debt	2.03B	2.49B	2.45B	2.45B	2.46B
Long-Term Leases	780M	698M	597M	513M	340M
Unearned Revenue Non Current	26.75M	48.18M	39.12M	33.49M	27.39M
Pension & Other Post Retirement Benefits	128M	139M	124M	157M	184M
Deferred Tax Liability Non Current	173M	182M	140M	86.55M	48.74M
Other Non Current Liabilities	137M	111M	120M	138M	147M
Total Liabilities	6.23B	7.05B	7.07B	7.16B	7.18B
Common Stock, Total	82K	82K	82K	82K	82K
Additional Paid In Capital	1.97B	2.07B	2.18B	2.32B	2.5B
Retained Earnings	2.26B	3.05B	3.86B	4.74B	5.99B
Treasury Stock	-3.03B	-4.67B	-5.71B	-6.3B	-7.04B
Comprehensive Income and Other	-99.23M	-81.43M	-102M	-76.33M	-88.33M
Total Common Equity	1.09B	371M	228M	681M	1.36B
Total Equity	1.09B	371M	228M	681M	1.36B
Total Liabilities And Equity	7.32B	7.42B	7.3B	7.84B	8.53B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	88.72M	82.29M	79.06M	77.97M	76.82M
ECS Total Common Shares Outstanding	88.84M	82.4M	79.17M	78.34M	77.38M
Book Value / Share	12.27	4.5	2.88	8.69	17.56
Tangible Book Value	-2.66B	-3.29B	-3.29B	-2.76B	-1.98B
Tangible Book Value Per Share	-29.96	-39.99	-41.52	-35.21	-25.6
Total Debt	2.95B	3.3B	3.16B	3.07B	2.9B
Net Debt	2.24B	2.55B	2.45B	1.75B	964M
Debt Equivalent of Unfunded Proj. Benefit Obligation	33.66M	28.24M	27.51M	35.37M	34.78M
Debt Equivalent Oper. Leases	955M	844M	690M	655M	618M
Account Code - Inventory Valuation	3	3	-	-	3
Machinery, Total	393M	401M	348M	404M	458M
Full Time Employees	15.6K	16.6K	19.5K	20.24K	21.04K
Accumulated Allowance for Doubtful Accounts (Supple)	10M	6.5M	9M	9M	8.5M
Order Backlog	100M	117M	140M	162M	192M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	267M	794M	808M	882M	1.25B
Depreciation & Amortization - CF	65.02M	68.2M	53.81M	50.84M	51.98M
Amortization of Goodwill and Intangible Assets - (CF)	125M	110M	98.54M	92.46M	90.23M
Depreciation & Amortization, Total	190M	178M	152M	143M	142M
Amortization of Deferred Charges, Total - (CF)	37.32M	38.76M	44.17M	52.49M	64.69M
(Gain) Loss From Sale Of Asset	-	-	-	-135M	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	49.54M	53.97M	20.37M	10.91M
Stock-Based Compensation (CF)	62.54M	98.57M	90.57M	130M	155M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	81.64M	13.35M	-12.92M	2.11M	-100M
Change In Accounts Receivable	99.41M	-145M	-241M	-24.66M	-138M
Change In Accounts Payable	112M	121M	-102M	-28.55M	29.4M
Change in Unearned Revenues	16M	324M	297M	170M	181M
Change in Other Net Operating Assets	37.6M	-159M	10.98M	-56.14M	-114M
Cash from Operations	903M	1.31B	1.1B	1.16B	1.48B
Capital Expenditure	-83.89M	-59.83M	-108M	-103M	-102M
Cash Acquisitions	-	-22.94M	-9.51M	-3.8M	-2M
Divestitures	-	-	-	161M	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	2.31M	-	-	-
Cash from Investing	-83.89M	-80.47M	-118M	54.16M	-104M
Long-Term Debt Issued, Total	2.33B	600M	-	-	274M
Total Debt Issued	2.33B	600M	-	-	274M
Long-Term Debt Repaid, Total	-2.53B	-113M	-5.93M	-7.8M	-274M
Total Debt Repaid	-2.53B	-113M	-5.93M	-7.8M	-274M
Issuance of Common Stock	18.08M	18.17M	22.23M	25.11M	28.19M
Repurchase of Common Stock	-176M	-1.66B	-1.04B	-606M	-735M
Other Financing Activities, Total	-56.54M	-7.32M	-	-	-2.97M
Cash from Financing	-416M	-1.16B	-1.03B	-589M	-710M
Foreign Exchange Rate Adjustments	28.58M	-26.38M	-18.42M	-13K	-57.49M
Net Change in Cash	432M	48.02M	-62M	621M	614M
Supplemental Items
Cash Interest Paid	112M	102M	113M	119M	100M
Cash Income Tax Paid (Refund)	33.92M	253M	175M	307M	313M
Levered Free Cash Flow	739M	1B	870M	1.01B	951M
Unlevered Free Cash Flow	803M	1.06B	911M	1.08B	1.03B
Change In Net Working Capital	-295M	-200M	-10.61M	-158M	-41.71M
Net Debt Issued / Repaid	-201M	487M	-5.93M	-7.8M	0

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.28	8.23	9.87	9.34	8.91
Return on Total Capital	7.61	15.71	20.57	19.81	18.21
Return On Equity %	26.29	108.6	269.78	194.28	122.93
Return on Common Equity	26.29	108.6	269.78	194.28	122.93
Margin Analysis
Gross Profit Margin %	67.19	69.5	69.07	67.78	67.72
SG&A Margin	49.76	44.51	44.34	45.4	45.88
EBITDA Margin %	16.73	24.25	24.01	21.57	20.88
EBITA Margin %	15.14	22.81	23.02	20.71	20.05
EBIT Margin %	12.09	20.5	21.22	19.14	18.61
Income From Continuing Operations Margin %	6.51	16.76	14.75	14.94	20
Net Income Margin %	6.51	16.76	14.75	14.94	20
Net Avail. For Common Margin %	6.51	16.76	14.75	14.94	20
Normalized Net Income Margin	5.75	11.53	12.44	10.99	10.96
Levered Free Cash Flow Margin	18.02	21.13	15.88	17.05	15.18
Unlevered Free Cash Flow Margin	19.58	22.34	16.64	18.33	16.37
Asset Turnover
Asset Turnover	0.57	0.64	0.74	0.78	0.77
Fixed Assets Turnover	4.04	5.24	7.19	8.88	11.09
Receivables Turnover (Average Receivables)	3.15	3.58	3.7	3.68	3.73
Short Term Liquidity
Current Ratio	0.79	0.78	0.77	0.91	1.06
Quick Ratio	0.67	0.63	0.63	0.78	0.92
Operating Cash Flow to Current Liabilities	0.31	0.39	0.31	0.31	0.37
Days Sales Outstanding (Average Receivables)	116.21	101.82	98.76	99.11	98.03
Average Days Payable Outstanding	9.74	11.1	14.28	14.03	10.76
Long Term Solvency
Total Debt/Equity	270.73	890.43	1.39K	451.08	213.37
Total Debt / Total Capital	73.03	89.9	93.27	81.85	68.09
LT Debt/Equity	257.95	858.77	1.34K	435.2	205.99
Long-Term Debt / Total Capital	69.58	86.71	90.1	78.97	65.73
Total Liabilities / Total Assets	85.1	95	96.88	91.31	84.07
EBIT / Interest Expense	4.29	9.87	15.73	8.78	9.18
EBITDA / Interest Expense	6.96	12.75	18.95	10.52	10.9
(EBITDA - Capex) / Interest Expense	6.24	12.14	17.49	9.72	10.1
Total Debt / EBITDA	3.67	2.64	2.25	2.26	2.09
Net Debt / EBITDA	2.78	2.03	1.75	1.29	0.7
Total Debt / (EBITDA - Capex)	4.09	2.77	2.44	2.45	2.26
Net Debt / (EBITDA - Capex)	3.1	2.13	1.9	1.39	0.75
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-3.44	15.48	15.67	7.87	6.1
Gross Profit, 1 Yr. Growth %	2.21	19.44	14.96	5.86	6.01
EBITDA, 1 Yr. Growth %	20.16	67.4	14.5	-3.07	2.72
EBITA, 1 Yr. Growth %	22.04	73.94	16.75	-2.96	2.74
EBIT, 1 Yr. Growth %	30.81	95.72	19.78	-2.69	3.16
Earnings From Cont. Operations, 1 Yr. Growth %	14.34	197.5	1.79	9.24	42.07
Net Income, 1 Yr. Growth %	14.34	197.5	1.79	9.24	42.07
Normalized Net Income, 1 Yr. Growth %	35.62	131.46	24.86	-4.74	5.84
Diluted EPS Before Extra, 1 Yr. Growth %	15.62	211.15	8.14	11.24	44.4
Accounts Receivable, 1 Yr. Growth %	-6.78	10.29	13.91	3.3	5.97
Net Property, Plant and Equip., 1 Yr. Growth %	-6.06	-16.49	-14.68	-10.22	-20.51
Total Assets, 1 Yr. Growth %	2.3	1.37	-1.57	7.35	8.92
Tangible Book Value, 1 Yr. Growth %	-8.96	23.76	-0.23	-16.08	-28.2
Common Equity, 1 Yr. Growth %	16.18	-65.97	-38.61	198.79	99.69
Cash From Operations, 1 Yr. Growth %	59.75	45.3	-16.08	4.93	28.48
Capital Expenditures, 1 Yr. Growth %	-43.71	-28.67	80.58	-4.56	-1.34
Levered Free Cash Flow, 1 Yr. Growth %	78.8	35.13	-13.05	15.79	-5.54
Unlevered Free Cash Flow, 1 Yr. Growth %	70.42	31.75	-13.82	18.82	-5.24
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	1.55	5.6	15.58	11.7	6.98
Gross Profit, 2 Yr. CAGR %	4.82	10.49	17.18	10.32	5.94
EBITDA, 2 Yr. CAGR %	6.15	41.82	38.44	5.35	-0.22
EBITA, 2 Yr. CAGR %	5.93	45.7	42.5	6.44	-0.15
EBIT, 2 Yr. CAGR %	16.35	60	53.11	7.96	0.19
Earnings From Cont. Operations, 2 Yr. CAGR %	47.59	84.43	74.02	5.45	24.58
Net Income, 2 Yr. CAGR %	47.59	84.43	74.02	5.45	24.58
Normalized Net Income, 2 Yr. CAGR %	24.63	77.17	70	9.06	0.41
Diluted EPS Before Extra, 2 Yr. CAGR %	49.18	89.67	83.44	9.68	26.74
Accounts Receivable, 2 Yr. CAGR %	-0.99	1.4	12.09	8.48	4.62
Net Property, Plant and Equip., 2 Yr. CAGR %	91.74	-11.42	-15.59	-12.48	-15.52
Total Assets, 2 Yr. CAGR %	8.61	1.84	-0.11	2.79	8.13
Tangible Book Value, 2 Yr. CAGR %	-7.55	6.15	11.12	-8.5	-22.37
Common Equity, 2 Yr. CAGR %	13.21	-37.12	-54.29	35.44	144.27
Cash From Operations, 2 Yr. CAGR %	38.46	52.35	10.42	-6.16	16.11
Capital Expenditures, 2 Yr. CAGR %	-18.69	-36.63	13.49	31.28	-2.97
Levered Free Cash Flow, 2 Yr. CAGR %	-1.73	55.58	8.5	0.34	6.6
Unlevered Free Cash Flow, 2 Yr. CAGR %	-1.69	49.84	6.55	1.19	6.11
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.37	5.99	8.85	12.95	9.8
Gross Profit, 3 Yr. CAGR %	11.42	9.49	11.96	13.28	8.86
EBITDA, 3 Yr. CAGR %	21.58	23.56	32.06	22.93	4.47
EBITA, 3 Yr. CAGR %	23.74	24.97	35.33	25.37	5.19
EBIT, 3 Yr. CAGR %	48.5	38.37	45.28	31.64	6.34
Earnings From Cont. Operations, 3 Yr. CAGR %	333.3	86.44	51.29	49	16.47
Net Income, 3 Yr. CAGR %	333.3	86.44	51.29	49	16.47
Normalized Net Income, 3 Yr. CAGR %	130.93	53.19	57.67	40.16	7.98
Diluted EPS Before Extra, 3 Yr. CAGR %	330.63	90.61	57.28	55.27	20.21
Accounts Receivable, 3 Yr. CAGR %	1.43	2.64	5.41	9.08	7.63
Net Property, Plant and Equip., 3 Yr. CAGR %	64.39	45.34	-12.52	-13.83	-15.24
Total Assets, 3 Yr. CAGR %	0.15	6.14	0.69	2.32	4.79
Tangible Book Value, 3 Yr. CAGR %	-6.87	1.89	3.98	1.19	-15.6
Common Equity, 3 Yr. CAGR %	3.5	-24.16	-37.62	-14.54	54.15
Cash From Operations, 3 Yr. CAGR %	52.53	40.7	24.89	8.56	4.2
Capital Expenditures, 3 Yr. CAGR %	-8.85	-22.16	-10.16	7.12	19.36
Levered Free Cash Flow, 3 Yr. CAGR %	119.44	9.34	28.15	10.87	-1.66
Unlevered Free Cash Flow, 3 Yr. CAGR %	81.24	8.39	24.61	10.5	-1
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	13.64	14.13	10.58	8.24	8.1
Gross Profit, 5 Yr. CAGR %	15.78	17.03	13.69	9.82	9.51
EBITDA, 5 Yr. CAGR %	14.2	23.42	28.06	15.93	18.06
EBITA, 5 Yr. CAGR %	13.64	23.72	30.93	17.2	19.83
EBIT, 5 Yr. CAGR %	9.55	22.78	50.33	25.3	25.22
Earnings From Cont. Operations, 5 Yr. CAGR %	8.72	32.6	200.82	48.44	39.98
Net Income, 5 Yr. CAGR %	8.72	32.6	200.82	48.44	39.98
Normalized Net Income, 5 Yr. CAGR %	4.8	21.59	104.3	33.73	31.63
Diluted EPS Before Extra, 5 Yr. CAGR %	7.52	31.86	206.1	52.8	44.27
Accounts Receivable, 5 Yr. CAGR %	16.68	16.59	5.57	4.93	5.09
Net Property, Plant and Equip., 5 Yr. CAGR %	55.36	46.54	25.92	18.65	-13.74
Total Assets, 5 Yr. CAGR %	27.53	25.66	0.05	4.79	3.6
Tangible Book Value, 5 Yr. CAGR %	23.03	34.29	-0.05	-2.4	-7.5
Common Equity, 5 Yr. CAGR %	52.46	43.55	-25.36	-4.36	7.69
Cash From Operations, 5 Yr. CAGR %	21.19	29.12	34.04	19.66	21.3
Capital Expenditures, 5 Yr. CAGR %	12.71	3.71	-0.5	-4.06	-7.35
Levered Free Cash Flow, 5 Yr. CAGR %	20.78	27	65.56	5.65	18.15
Unlevered Free Cash Flow, 5 Yr. CAGR %	21.75	27.25	46.55	5.45	16.85