(IT) Gartner - NYSE
Sector: Technology | Industry: Information Technology Services | Exchange: NYSE (USA) | Market Cap: 9.559m USD | Total Return: -68.1% in 12m
Avg Turnover: 224M
EPS Trend: 64.8%
Qual. Beats: 0
Rev. Trend: 98.5%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
Confidence
Gartner, Inc. (IT) is a global research and advisory firm providing strategic insights across three primary segments: Research, Conferences, and Consulting. The Research division operates on a high-margin subscription model, providing clients with proprietary data, benchmarks, and access to industry experts. The Conferences segment facilitates executive networking and professional development, while the Consulting arm delivers tailored strategic support for digital transformation and IT cost optimization.
As a leader in the IT Consulting & Other Services sub-industry, Gartner benefits from high client retention rates and recurring revenue streams common to the professional services sector. The company’s business model relies on intellectual property and a vast network of analysts to influence corporate technology spending and strategic roadmaps. For a deeper look at the fundamental metrics driving this valuation, consider exploring the data on ValueRay.
- High-margin subscription research renewals drive consistent recurring revenue growth
- Global corporate digital transformation spending dictates enterprise consulting demand
- In-person conference attendance recovery fuels high-margin event segment profitability
- Rising labor costs for specialized research analysts pressure operating margins
- Global macroeconomic uncertainty influences enterprise decision cycles and contract values
| Net Income: 740.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA -1.32 > 1.0 |
| NWC/Revenue: -3.68% < 20% (prev 5.38%; Δ -9.06% < -1%) |
| CFO/TA 0.18 > 3% & CFO 1.37b > Net Income 740.6m |
| Net Debt (1.87b) to EBITDA (1.26b): 1.48 < 3 |
| Current Ratio: 0.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (70.0m) vs 12m ago -10.06% < -2% |
| Gross Margin: 68.25% > 18% (prev 67.79%; Δ 0.46% > 0.5%) |
| Asset Turnover: 80.25% > 50% (prev 74.63%; Δ 5.62% > 0%) |
| Interest Coverage Ratio: 15.64 > 6 (EBIT TTM 1.07b / Interest Expense TTM 68.2m) |
| A: -0.03 (Total Current Assets 3.65b - Total Current Liabilities 3.89b) / Total Assets 7.66b |
| B: 0.91 (Retained Earnings 6.94b / Total Assets 7.66b) |
| C: 0.13 (EBIT TTM 1.07b / Avg Total Assets 8.07b) |
| D: 0.01 (Book Value of Equity 63.4m / Total Liabilities 7.59b) |
| Altman-Z'' = 3.65 = AA |
| DSRI: 0.92 (Receivables 1.41b/1.50b, Revenue 6.47b/6.33b) |
| GMI: 0.99 (GM 67.79% / 68.25%) |
| AQI: 1.03 (AQ_t 0.47 / AQ_t-1 0.45) |
| SGI: 1.02 (Revenue 6.47b / 6.33b) |
| TATA: -0.08 (NI 740.6m - CFO 1.37b) / TA 7.66b) |
| Beneish M = -3.07 (Cap -4..+1) = AA |
As of June 20, 2026, the stock is trading at USD 127.49 with a total of 4,347,100 shares traded.
Over the past week, the price has changed by -14.33%,
over one month by -17.98%,
over three months by -19.37% and
over the past year by -68.08%.
Gartner has received a consensus analysts rating of 3.55. Therefore, it is recommended to hold IT.
- StrongBuy: 3
- Buy: 2
- Hold: 5
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 166.5 | 30.6% |
P/E Trailing = 14.6431
P/E Forward = 10.7759
P/S = 1.4764
P/B = 156.5105
P/EG = 0.5987
Revenue TTM = 6.47b USD
EBIT TTM = 1.07b USD
EBITDA TTM = 1.26b USD
Long Term Debt = 2.98b USD (from longTermDebt, last quarter)
Short Term Debt = 5.00m USD (from shortTermDebt, last quarter)
Debt = 3.53b USD (from shortLongTermDebtTotal, last quarter) + Leases 275.6m
Net Debt = 1.87b USD (calculated: Debt 3.53b - CCE 1.67b)
Enterprise Value = 11.4b USD (9.56b + Debt 3.53b - CCE 1.67b)
Interest Coverage Ratio = 15.64 (Ebit TTM 1.07b / Interest Expense TTM 68.2m)
EV/FCF = 9.08x (Enterprise Value 11.4b / FCF TTM 1.26b)
FCF Yield = 11.01% (FCF TTM 1.26b / Enterprise Value 11.4b)
FCF Margin = 19.43% (FCF TTM 1.26b / Revenue TTM 6.47b)
Net Margin = 11.44% (Net Income TTM 740.6m / Revenue TTM 6.47b)
Gross Margin = 68.25% ((Revenue TTM 6.47b - Cost of Revenue TTM 2.06b) / Revenue TTM)
Gross Margin QoQ = 71.59% (prev 64.60%)
Tobins Q-Ratio = 1.49 (Enterprise Value 11.4b / Total Assets 7.66b)
Interest Expense / Debt = 1.93% (Interest Expense 68.2m / Debt 3.53b)
Taxrate = 25.46% (252.9m / 993.5m)
NOPAT = 795.4m (EBIT 1.07b * (1 - 25.46%))
Current Ratio = 0.94 (Total Current Assets 3.65b / Total Current Liabilities 3.89b)
Debt / Equity = 55.76 (Debt 3.53b / totalStockholderEquity, last quarter 63.4m)
Debt / EBITDA = 1.48 (Net Debt 1.87b / EBITDA 1.26b)
Debt / FCF = 1.48 (Net Debt 1.87b / FCF TTM 1.26b)
Total Stockholder Equity = 618.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 9.18% (Net Income 740.6m / Total Assets 7.66b)
RoE = 119.8% (Net Income TTM 740.6m / Total Stockholder Equity 618.1m)
RoCE = 29.67% (EBIT 1.07b / Capital Employed (Equity 618.1m + L.T.Debt 2.98b))
RoIC = 23.05% (NOPAT 795.4m / Invested Capital 3.45b)
WACC = 6.53% (E(9.56b)/V(13.1b) * Re(8.41%) + D(3.53b)/V(13.1b) * Rd(1.93%) * (1-Tc(0.25)))
Discount Rate = 8.41% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.56 | Cagr: -5.25%
[DCF] Terminal Value 73.10% ; FCFF base≈1.36b ; Y1≈1.19b ; Y5≈961.3m
[DCF] Fair Price = 202.6 (EV 15.4b - Net Debt 1.87b = Equity 13.6b / Shares 67.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 64.84 | EPS CAGR: 6.90% | SUE: 0.57 | # QB: 0
Revenue Correlation: 98.51 | Revenue CAGR: 4.91% | SUE: -0.51 | # QB: 0
EPS current Quarter (2026-06-30): EPS=3.75 | Chg30d=+0.32% | Revisions=+41% | Analysts=14
EPS next Quarter (2026-09-30): EPS=2.74 | Chg30d=+0.22% | Revisions=-6% | Analysts=14
EPS current Year (2026-12-31): EPS=13.71 | Chg30d=+0.16% | Revisions=+68% | GrowthEPS=+4.1% | GrowthRev=-0.9%
EPS next Year (2027-12-31): EPS=15.36 | Chg30d=+0.14% | Revisions=+65% | GrowthEPS=+12.0% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: +68%